Freeport-McMoRan Inc. logo FCX - Freeport-McMoRan Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 24
HOLD 14
SELL 3
STRONG
SELL 0
| PRICE TARGET: $70.88 DETAILS
HIGH: $77.00
LOW: $54.00
MEDIAN: $73.50
CONSENSUS: $70.88
UPSIDE: 14.36%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 25,741 25,455 22,707 23,334 22,357 13,872 14,356 18,967 15,858 14,598 14,960 21,231 21,408 17,935 21,427 18,326 13,638 19,258 16,999 5,790.5 4,179.1 2,371.9 2,212.2 1,910.5 1,838.9 1,868.6 1,887.3 1,757.1 2,000.9 1,905 1,834.3 1,212.3 925.9
Cost of Revenue 18,796 17,952 15,826 15,241 14,070 11,466 13,168 13,226 11,761 13,316 14,363 15,889 14,850 11,861 11,189 9,501 8,138 13,235 9,854 2,764.7 1,897.9 1,665.4 1,077.8 941.6 952.6 1,019.8 940.3 817.6 1,026.2 951.9 932.4 780.6 567.1
Gross Profit 6,945 7,503 6,881 8,093 8,287 2,406 1,188 5,741 4,097 1,282 597 5,342 6,558 6,074 10,238 8,825 5,500 6,023 7,145 3,025.8 2,281.2 706.5 1,134.4 968.9 886.2 848.8 947 939.5 974.7 953.1 901.9 431.7 358.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 271 0 90 292 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 545 513 479 420 383 354 414 443 472 522 558 592 540 431 415 381 321 269 448 157.1 103.9 89.9 80.3 68.3 59.4 71.0 70.6 87.8 96.6 140.9 185.3 109 135.9
Other Expenses 110 127 319 121 91 159 105 89 244 20 78 119 66 (22) (137) 0 (90) (292) (145) 0 0 0 230.8 260.4 283.9 283.6 293.2 277.4 213.9 174 124.1 75.1 67.9
Operating Expenses 655 640 798 541 474 513 519 532 716 542 636 711 606 409 549 381 321 269 448 157.1 103.9 89.9 276.5 328.8 343.3 354.5 363.8 365.2 310.5 314.9 309.4 184.1 203.8
Operating Income
Operating Income 6,290 6,864 6,083 7,552 7,813 1,893 669 5,209 3,381 740 (39) 4,631 5,952 5,665 9,689 8,444 5,179 5,754 6,697 2,868.7 2,177.3 616.6 823.3 640.1 542.9 494.3 583.2 574.3 664.2 638.2 592.5 247.6 155
Interest Expense 369 319 515 560 602 598 532 575 656 755 617 630 518 186 312 462 586 584 513 75.6 131.6 148.1 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46 82 141 30.6 16.8 5.9 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 8,757 9,467 8,589 9,294 10,259 3,923 2,250 6,221 5,272 (187) (10,271) 4,069 8,228 6,852 10,152 10,010 7,416 (10,943) 7,910 3,129.0 2,420.1 928.9 1,104.9 912.6 826.8 777.9 876.4 851.7 878.1 812.2 716.6 322.7 222.9
EBIT 6,513 7,226 6,521 7,275 8,261 2,395 838 4,467 3,558 (2,717) (13,511) 206 5,431 5,673 9,130 8,974 6,402 (12,725) 6,646 2,901.5 2,168.6 722.5 857.9 640.1 542.9 494.3 583.2 574.3 664.2 638.2 592.5 247.6 155
Income Before Tax 6,372 6,922 6,021 6,746 7,664 1,809 318 3,900 2,912 (3,461) (14,131) (421) 4,916 5,490 8,834 8,527 5,841 (13,294) 6,133 2,825.9 2,036.9 574.4 583.8 413.2 358.8 236.6 332.2 324.4 476.4 473.4 487.6 253.6 128.3
Income Tax Expense 2,221 2,523 2,270 2,267 2,299 944 510 991 883 371 (1,951) 324 1,475 1,510 3,087 2,983 2,307 (2,844) 2,400 1,201.2 915.1 330.7 338.1 245.5 203.0 159.6 195.7 170.6 231.3 247.2 234 123.4 67.6
Net Income 2,204 1,883 1,842 3,461 4,299 596 (245) 2,613 1,756 (3,959) (12,239) (1,311) 2,658 3,041 4,560 4,336 2,749 (11,067) 2,942 1,456.5 995.1 202.3 181.7 164.7 113.0 77.0 136.5 153.8 245.1 226.2 253.6 130.2 50.8
Per Share Data
EPS (Basic) 1.53 1.31 1.28 2.40 2.93 0.41 -0.17 1.80 1.21 -3.00 -11.31 -1.26 2.65 3.20 4.81 4.67 3.05 -14.84 4.01 3.66 2.59 0.43 0.50 0.44 0.27 0.13 0.31 0.34 0.53 0.45 0.49 0.19 0.06
EPS (Diluted) 1.52 1.30 1.28 2.39 2.90 0.41 -0.17 1.79 1.21 -3.00 -11.31 -1.26 2.64 3.19 4.78 4.57 2.93 -14.84 3.71 3.31 2.33 0.42 0.49 0.44 0.27 0.13 0.31 0.34 0.53 0.45 0.49 0.19 0.06
Shares Outstanding 1,443 1,445 1,434 1,441 1,466 1,453 1,451 1,449 1,447 1,317.9 1,082 1,038.7 1,002 949 947 916 828 764 682 382 360.5 364.5 311.6 289.3 287.9 308.0 327.2 350.7 393.4 388 408.8 411.5 396.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 3,354 3,923 5,666 8,146 8,068 3,657 2,020 4,217 4,526 4,245 2,656 872 551.5 463.7 7.8 7.6 8.0 6.7 5.9 9 37.1 26.9 44.3 13.8
Short-Term Investments 700 0 300 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,680 1,142 1,664 1,795 1,742 1,412 1,167 1,322 1,665 1,215 1,803 1,212 435.1 196.4 190.5 118.6 149.1 172.7 228.5 129.6 236.8 256.1 234.2 188.7
Inventory 7,493 6,808 6,060 5,180 4,497 3,893 3,958 4,759 3,893 3,642 2,974 3,067 466.7 397.0 387.2 369.2 400.6 368.1 301.4 314.8 375.7 354.8 314 211.9
Other Current Assets 563 1,423 375 492 523 341 655 422 577 543 104 0 453.3 35.0 49.8 49.8 11.5 17 10.1 9.7 11.6 15.5 10.9 13.8
Total Current Assets 13,790 13,296 14,065 15,613 14,830 9,303 7,800 10,720 10,779 10,435 7,433 5,151 1,459.9 1,100.1 638.0 548.3 569.1 564.5 545.9 463.1 661.2 653.3 603.4 428.2
Non-Current Assets
Property, Plant & Equipment 40,736 38,514 35,295 32,627 30,345 29,818 29,584 28,482 22,844 23,293 16,195 16,002 3,199.3 3,261.7 3,320.6 3,457.3 3,248.7 3,363.3 3,474.5 3,521.7 3,088.6 2,845.6 2,360.5 1,646.6
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 432 428 422 416 412 401 402 398 306 305 347 364 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 1,670 456 639 262 232 295 303 316 262 303 (2,503) 142 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,539 2,154 2,085 (2,094) 2,847 3,023 3,425 (1,260) (511) (787) 1,896 (727) 255.1 215.3 137.0 (464.6) 132.9 155.1 172.2 167.4 115.7 82.8 76.3 41.9
Total Non-Current Assets 44,377 41,552 38,441 35,480 33,192 32,841 33,009 31,968 26,523 26,882 18,438 18,120 3,627.0 3,618.2 3,554.2 3,663.7 3,381.6 3,518.4 3,646.7 3,689.1 3,204.3 2,928.4 2,436.8 1,688.5
Total Assets 58,167 54,848 52,506 51,093 48,022 42,144 40,809 42,688 37,302 37,317 25,871 23,271 5,087.0 4,718.4 4,192.2 4,211.9 3,950.7 4,082.9 4,192.6 4,152.2 3,865.5 3,581.7 3,040.2 2,116.7
Current Liabilities
Account Payables 2,948 2,789 2,466 2,701 2,035 1,473 1,654 1,661 1,546 1,540 890 1,164 386.6 311.9 262.3 307.5 313.2 317.3 289.3 261.9 358.3 351.5 401.8 218.1
Short-Term Debt 569 41 850 1,037 372 34 5 17 1,414 1,232 16 67 78.2 152.4 77.1 205.4 202.3 114.8 127.8 80.9 136.6 86.9 24.1 48.8
Deferred Revenue 106 91 161 76 191 65 12 35 91 82 54 0 33.0 35.3 36.8 33.4 0 0 0 0 0 0 0 0
Other Current Liabilities 1,191 1,129 862 463 454 442 505 1,100 925 961 1,106 1,401 60.2 39.7 51.3 33.6 118.4 83 101.4 132.9 103 88.4 5.7 20.8
Total Current Liabilities 6,019 5,496 5,815 6,345 5,892 3,417 3,209 3,319 5,038 4,265 2,984 3,151 697.6 631.8 537.9 628.4 633.9 515.1 518.5 475.7 597.9 526.8 431.6 287.7
Non-Current Liabilities
Long-Term Debt 9,923 8,907 9,003 9,583 9,078 9,677 9,821 11,124 11,815 14,795 6,330 7,284 1,873.7 2,075.9 1,961.3 2,133.2 1,987.7 2,033.4 2,329 2,308.1 1,426.3 1,080.3 525.6 211.9
Deferred Tax Liabilities 4,622 4,376 4,453 4,269 4,234 4,408 4,210 4,869 3,622 3,768 2,382 2,241 932.4 885.2 706.5 671.0 599.5 553.4 471.2 403 359.7 305.5 292.6 201.6
Other Non-Current Liabilities 5,827 6,599 5,578 5,731 5,518 5,784 5,917 9,871 9,277 5,232 5,907 3,477 173.1 161.9 140.0 119.4 112.8 114.7 124 126 200.6 186.2 213 188.1
Total Non-Current Liabilities 21,382 20,574 19,381 19,877 19,111 20,059 20,152 21,876 20,968 23,795 12,115 13,002 3,006.3 3,123.0 3,257.8 3,386.1 2,700.1 2,701.5 2,924.2 2,837.1 1,986.6 1,572 1,031.2 601.6
Total Liabilities 27,401 26,070 25,196 26,222 25,003 23,476 23,361 25,195 26,006 28,060 15,099 16,153 3,703.9 3,754.8 3,795.7 4,014.5 3,334.0 3,216.6 3,442.7 3,312.8 2,584.5 2,098.8 1,462.8 889.3
Stockholders' Equity
Common Stock 163 162 162 161 160 159 158 158 158 157 55 51 28.5 26 22.0 21.9 21.9 21.9 0 0 0 0 0 0
Retained Earnings 1,385 (170) (2,059) (3,907) (7,375) (11,680) (12,280) (12,386) (14,722) (16,540) (5,805) (8,267) 604.7 646.9 534.4 407.4 330.9 291.4 190.6 107.7 77.5 78.6 41.9 29.4
Accumulated Other Comprehensive Income (305) (314) (274) (320) (388) (583) (676) (605) (487) (548) (258) (288) 11.3 8.7 11.0 (1.2) 10.2 10.2 (1,339.4) (1,091) (888.7) (721.2) (525.6) 0
Total Stockholders' Equity 18,899 17,581 16,693 15,555 13,980 10,174 9,298 9,603 7,977 6,051 9,134 5,790 1,163.6 776.0 266.8 104.4 512.9 684.4 603.4 778.9 1,175.4 1,381.7 1,495 1,180.6
Total Liabilities & Equity 58,167 54,848 52,506 51,093 48,022 42,144 40,809 42,688 37,302 37,317 25,871 23,271 5,087.0 4,718.4 4,192.2 4,211.9 3,950.7 4,082.9 4,192.6 4,152.2 3,865.5 3,581.7 3,040.2 2,116.7
Debt Metrics
Total Debt 11,502 9,738 10,200 10,952 9,769 9,939 10,074 11,141 13,117 16,027 8,541 7,513 1,951.9 2,228.3 2,038.4 2,338.6 2,190.0 2,148.2 2,456.8 2,389 1,562.9 1,167.2 549.7 260.7
Net Debt 8,148 5,815 4,534 2,806 1,701 6,282 8,054 6,924 8,670 11,782 5,885 6,641 1,400.5 1,764.7 2,030.6 2,331.0 2,182.1 2,141.5 2,450.9 2,380 1,525.8 1,140.3 505.4 246.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 2,204 4,399 1,848 4,479 5,365 865 (192) 2,526 2,038 (3,827) 995.1 202.3 181.7 164.7 113.0 77.0 136.5 153.8 245.1 226.2 253.6 130.2 60.7
Depreciation & Amortization 2,244 2,241 2,068 2,019 1,922 1,224 1,170 1,754 1,732 6,421 259.1 214.9 247.0 272.5 283.9 283.6 293.2 277.4 213.9 174 124.1 75.1 67.9
Stock-Based Compensation 0 109 109 95 98 99 63 76 71 86 0 13 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (1,338) (29) (880) (1,528) 755 665 349 (460) 813 67 178.8 (130.7) (17.8) (18.1) 22.5 41.2 (11.4) (65.5) 52.1 61.1 (63.6) 34.5 (11.6)
Other Non-Cash Items 2,253 516 1,952 38 (254) 2 33 145 2,077 7,164 151.8 (21.4) 50.6 42.2 22.5 65.1 90.4 50.9 (59.2) 85 56.3 18.9 33
Operating Cash Flow 5,610 7,160 5,279 5,139 7,715 3,017 1,482 3,863 4,682 3,729 1,552.5 341.4 572.1 512.7 509.0 516.0 568.8 478.8 513.6 600.5 393.1 336.2 158.5
Investing Activities
Capital Expenditure (4,494) (4,808) (4,824) (3,469) (2,115) (1,961) (2,652) (2,068) (1,410) (2,813) (143.0) (141.0) (139.2) (188.0) (167.0) (176.7) (160.8) (292.1) (594.5) (492.2) (586.9) (743.5) (453.1)
Acquisitions 0 (210) 0 189 149 706 452 (3,043) 0 3,660 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 73.6 (139.8) (139.8) 0 0 0 0 0 (25) 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 21.8 73.6 47.9 0 0 0 0 0 0 0 0 0
Other Investing Activities 22 (10) (132) 29 184 (9) 97 93 (1,363) (110) 8.6 55.2 (67.3) (8.2) (133.8) (4.5) 0.8 5 1.9 3.5 (6.2) 0 (10.4)
Investing Cash Flow (4,472) (5,028) (4,956) (3,251) (1,782) (1,264) (2,103) (5,018) (1,363) 3,550 (134.3) (64.0) (132.8) (148.3) (300.8) (181.2) (160) (287.1) (592.6) (488.7) (618.1) (743.5) (463.5)
Financing Activities
Net Debt Issuance 381 (521) (1,202) 1,171 (301) (193) (1,318) (2,085) (2,857) (3,944) (493) (17.5) 258.8 (323.0) (125.6) 42.5 (318.3) 164.9 745.4 389.9 357.6 380.9 (453.4)
Stock Repurchased (107) (59) 0 (1,347) (488) 0 0 0 0 0 (80) (995.0) (227.1) (11.7) (13.8) (211.8) (19.8) (259.2) (438.4) (221) (177.8) 0 (141.6)
Dividends Paid (865) (865) (863) (866) (331) (73) (291) (218) (2) (6) (637.6) (245.7) (77.0) (37.3) (43.4) (103.7) (51.7) (83.7) (252.7) (272.2) (227.1) (170.3) 0
Other Financing Activities (1,297) (1,868) (632) (895) (612) 138 53 (297) (196) (731) (125.0) (13.0) (6.9) 0 (69.1) (60.6) (18.1) (16.8) (3.4) 1.7 255 (25.9) (19.2)
Financing Cash Flow (1,876) (3,284) (2,650) (1,812) (1,522) (128) (1,556) 900 (3,055) (3,166) (1,206.1) (189.6) 16.6 (364.2) (208.6) (333.5) (407.9) (194.8) 50.9 (101.6) 207.7 437.7 (53.1)
Cash Position
Net Change in Cash (657) (1,152) (2,327) (425) 4,428 1,625 (2,177) (255) 202 4,068 212.1 87.8 455.8 0.2 (0.4) 1.3 0.8 (3.1) (28.1) 10.2 (17.3) 30.4 (358.1)
Cash at Beginning 4,711 6,063 8,390 8,182 3,754 2,278 4,455 4,710 4,245 177 551.5 463.7 7.8 7.6 8.0 6.7 5.9 9 37.1 26.9 44.3 13.8 371.8
Cash at End 4,054 4,911 6,063 7,757 8,182 3,903 2,278 4,455 4,447 4,245 763.6 551.5 463.7 7.8 7.6 8.0 6.7 5.9 9 37.1 27 44.2 13.7
Free Cash Flow 1,116 2,352 455 1,670 5,600 1,056 (1,170) 1,795 3,272 916 1,409.6 200.4 432.9 324.7 342.0 339.3 408 186.7 (80.9) 108.3 (193.8) (407.3) (294.6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 25,741 25,455 22,707 23,334 22,357 13,872 14,356 18,967 15,858 14,598 14,960 21,231 21,408 17,935 21,427 18,326 13,638 19,258 16,999 5,790.5 4,179.1 2,371.9 2,212.2 1,910.5 1,838.9 1,868.6 1,887.3 1,757.1 2,000.9 1,905 1,834.3 1,212.3 925.9
Gross Profit 6,945 7,503 6,881 8,093 8,287 2,406 1,188 5,741 4,097 1,282 597 5,342 6,558 6,074 10,238 8,825 5,500 6,023 7,145 3,025.8 2,281.2 706.5 1,134.4 968.9 886.2 848.8 947 939.5 974.7 953.1 901.9 431.7 358.8
Operating Income 6,290 6,864 6,083 7,552 7,813 1,893 669 5,209 3,381 740 (39) 4,631 5,952 5,665 9,689 8,444 5,179 5,754 6,697 2,868.7 2,177.3 616.6 823.3 640.1 542.9 494.3 583.2 574.3 664.2 638.2 592.5 247.6 155
Net Income 2,204 1,883 1,842 3,461 4,299 596 (245) 2,613 1,756 (3,959) (12,239) (1,311) 2,658 3,041 4,560 4,336 2,749 (11,067) 2,942 1,456.5 995.1 202.3 181.7 164.7 113.0 77.0 136.5 153.8 245.1 226.2 253.6 130.2 50.8
EPS (Diluted) 1.52 1.30 1.28 2.39 2.90 0.41 -0.17 1.79 1.21 -3.00 -11.31 -1.26 2.64 3.19 4.78 4.57 2.93 -14.84 3.71 3.31 2.33 0.42 0.49 0.44 0.27 0.13 0.31 0.34 0.53 0.45 0.49 0.19 0.06
Balance Sheet
Cash & Equivalents 3,354 3,923 5,666 8,146 8,068 3,657 2,020 4,217 4,526 4,245 2,656 872 551.5 463.7 7.8 7.6 8.0 6.7 5.9 9 37.1 26.9 44.3 13.8
Total Assets 58,167 54,848 52,506 51,093 48,022 42,144 40,809 42,688 37,302 37,317 25,871 23,271 5,087.0 4,718.4 4,192.2 4,211.9 3,950.7 4,082.9 4,192.6 4,152.2 3,865.5 3,581.7 3,040.2 2,116.7
Total Debt 11,502 9,738 10,200 10,952 9,769 9,939 10,074 11,141 13,117 16,027 8,541 7,513 1,951.9 2,228.3 2,038.4 2,338.6 2,190.0 2,148.2 2,456.8 2,389 1,562.9 1,167.2 549.7 260.7
Stockholders' Equity 18,899 17,581 16,693 15,555 13,980 10,174 9,298 9,603 7,977 6,051 9,134 5,790 1,163.6 776.0 266.8 104.4 512.9 684.4 603.4 778.9 1,175.4 1,381.7 1,495 1,180.6
Cash Flow
Operating Cash Flow 5,610 7,160 5,279 5,139 7,715 3,017 1,482 3,863 4,682 3,729 1,552.5 341.4 572.1 512.7 509.0 516.0 568.8 478.8 513.6 600.5 393.1 336.2 158.5
Capital Expenditure (4,494) (4,808) (4,824) (3,469) (2,115) (1,961) (2,652) (2,068) (1,410) (2,813) (143.0) (141.0) (139.2) (188.0) (167.0) (176.7) (160.8) (292.1) (594.5) (492.2) (586.9) (743.5) (453.1)
Free Cash Flow 1,116 2,352 455 1,670 5,600 1,056 (1,170) 1,795 3,272 916 1,409.6 200.4 432.9 324.7 342.0 339.3 408 186.7 (80.9) 108.3 (193.8) (407.3) (294.6)