Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produces copper concentrate that contains significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open-pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America, and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other, and Eliminations segment consists of other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.
Highlights
The company's EPS has shrunk by 141% YoY
The net income has plunged by 139% YoY
Key stats
What are the main financial stats of FCX
Market
Shares outstanding
1.45B
Market cap
$20.02B
Enterprise value
$28.49B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
2.26
Price to sales (P/S)
1.49
EV/EBIT
154.03
EV/EBITDA
17.91
EV/Sales
2.13
Earnings
Revenue
$13.41B
EBIT
$185M
EBITDA
$1.59B
Free cash flow
-$1.63B
Per share
EPS
-$0.54
Free cash flow per share
-$1.12
Book value per share
$6.1
Revenue per share
$9.23
TBVPS
$27.7
Balance sheet
Total assets
$40.22B
Total liabilities
$23.26B
Debt
$10.07B
Equity
$8.86B
Working capital
$4.21B
Liquidity
Debt to equity
1.14
Current ratio
2.34
Quick ratio
0.67
Net debt/EBITDA
5.32
Margins
EBITDA margin
11.9%
Gross margin
3.9%
Net margin
-5.7%
Operating margin
2.2%
Efficiency
Return on assets
-1.9%
Return on equity
-8.2%
Return on invested capital
0.4%
Return on capital employed
0.5%
Return on sales
1.4%
Dividend
Dividend yield
1.45%
DPS
$0.2
Payout ratio
N/A
FCX stock price
How has the Freeport-Mcmoran stock price performed over time
Financial performance
How have Freeport-Mcmoran's revenue and profit performed over time
Revenue
$13.41B
Gross profit
$518M
Operating income
$297M
Net income
-$761M
Gross margin
3.9%
Net margin
-5.7%
The net margin has plunged by 151% YoY
The net income has plunged by 139% YoY
Freeport-Mcmoran's operating income has plunged by 92% YoY and by 73% from the previous quarter
FCX's operating margin has plunged by 89% YoY and by 71% from the previous quarter
Valuation
What is Freeport-Mcmoran stock price valuation
P/E
N/A
P/B
2.26
P/S
1.49
EV/EBIT
154.03
EV/EBITDA
17.91
EV/Sales
2.13
The company's EPS has shrunk by 141% YoY
The P/B is 41% above the last 4 quarters average of 1.6
FCX's equity is down by 10% year-on-year and by 4.8% since the previous quarter
FCX's P/S is 49% above its last 4 quarters average of 1.0 and 36% above its 5-year quarterly average of 1.1
The company's revenue fell by 24% YoY and by 7% QoQ
Efficiency
How efficient is Freeport-Mcmoran business performance
Freeport-Mcmoran's ROE has plunged by 141% YoY
The ROA has plunged by 139% YoY
The return on invested capital has dropped by 95% year-on-year and by 80% since the previous quarter
The company's return on sales has shrunk by 93% YoY and by 77% QoQ
Dividends
What is FCX's dividend history
DPS
$0.2
Dividend yield
1.45%
Payout ratio
N/A
Recent dividends
Financial health
How did Freeport-Mcmoran financials performed over time
The total assets is 73% more than the total liabilities
FCX's quick ratio is down by 40% year-on-year and by 22% since the previous quarter
FCX's current ratio is down by 16% year-on-year and by 5% since the previous quarter
The debt is 14% more than the equity
Freeport-Mcmoran's debt to equity has increased by 13% YoY and by 8% QoQ
FCX's equity is down by 10% year-on-year and by 4.8% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.