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FreeportMcMoRan (FCX)

(Delayed Data from NYSE)

$50.50 USD

50.50
17,467,322

+1.10 (2.23%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $50.14 -0.36 (-0.71%) 5:24 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 11% (28 out of 252)

Industry: Mining - Non Ferrous

Better trading starts here.

Balance Sheet

Research for FCX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for FreeportMcMoRan Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 5,966 8,146 8,068 3,657 2,020
Receivables 1,664 1,795 1,742 1,412 1,167
Notes Receivable 0 0 0 0 0
Inventories 6,060 5,180 4,497 3,893 4,073
Other Current Assets 375 492 523 341 655
Total Current Assets 14,065 15,613 14,830 9,303 7,915
Net Property & Equipment 35,295 32,627 30,345 29,818 29,584
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 1,336 1,252 1,387 1,463 1,425
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 1,810 1,601 1,460 1,560 1,885
Total Assets 52,506 51,093 48,022 42,144 40,809
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 3,729 4,027 3,495 2,708 2,576
Current Portion Long-Term Debt 766 1,037 372 34 5
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 786 744 1,541 324 119
Other Current Liabilities 534 537 484 351 509
Total Current Liabilities 5,815 6,345 5,892 3,417 3,209
Mortgages 0 0 0 0 0
Deferred Taxes/Income 4,453 4,269 4,234 4,408 4,210
Convertible Debt 0 0 0 0 0
Long-Term Debt 8,656 9,583 9,078 9,677 9,821
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 6,272 6,025 5,799 5,974 6,121
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 25,196 26,222 25,003 23,476 23,361
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 162 161 160 159 158
Capital Surplus 24,637 25,322 25,875 26,037 25,830
Retained Earnings -2,059 -3,907 -7,375 -11,681 -12,280
Other Equity 10,343 8,996 8,651 7,911 7,474
Treasury Stock 5,773 5,701 4,292 3,758 3,734
Total Shareholder's Equity 27,310 24,871 23,019 18,668 17,448
Total Liabilities & Shareholder's Equity 52,506 51,093 48,022 42,144 40,809
Total Common Equity 27,310 24,871 23,019 18,668 17,448
Shares Outstanding 1,435.00 1,430.00 1,457.00 1,458.40 1,448.00
Book Value Per Share 19.03 17.39 15.80 12.80 12.05

Fiscal Year End for FreeportMcMoRan Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 5,966 6,442 6,683 6,852
Receivables NA 1,664 1,280 1,092 1,684
Notes Receivable NA 0 0 0 0
Inventories NA 6,060 5,949 5,810 5,737
Other Current Assets NA 375 406 472 473
Total Current Assets NA 14,065 14,077 14,057 14,746
Net Property & Equipment NA 35,295 34,535 33,845 33,159
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 1,336 1,327 1,241 1,235
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 1,810 1,709 1,764 1,769
Total Assets NA 52,506 51,648 50,907 50,909
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 3,729 3,724 3,642 3,836
Current Portion Long-Term Debt NA 766 35 37 49
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 786 489 531 846
Other Current Liabilities NA 534 612 578 550
Total Current Liabilities NA 5,815 4,860 4,788 5,281
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 4,453 4,399 4,343 4,305
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 8,656 9,370 9,458 9,586
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 6,342 6,291 6,089
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 25,196 24,971 24,880 25,261
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 162 162 162 162
Capital Surplus NA 24,637 24,833 25,028 25,227
Retained Earnings NA -2,059 -2,447 -2,901 -3,244
Other Equity NA 10,343 9,901 9,507 9,272
Treasury Stock NA 5,773 5,772 5,769 5,769
Total Shareholder's Equity NA 27,310 26,677 26,027 25,648
Total Liabilities & Shareholder's Equity NA 52,506 51,648 50,907 50,909
Total Common Equity 0 27,310 26,677 26,027 25,648
Shares Outstanding 1,434.40 1,435.00 1,434.00 1,433.20 1,433.20
Book Value Per Share 0.00 19.03 18.60 18.16 17.90