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FreeportMcMoRan (FCX)

(Delayed Data from NYSE)

$50.50 USD

50.50
19,035,309

+1.10 (2.23%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $50.14 -0.36 (-0.71%) 7:58 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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Top 12% (29 out of 252)

Industry: Mining - Non Ferrous

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Income Statements

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 EPS data.

12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Sales 22,855 22,780 22,845 14,198 14,402
Cost Of Goods 15,695 15,089 14,030 11,655 13,105
Gross Profit 7,160 7,691 8,815 2,543 1,297
Selling & Adminstrative & Depr. & Amort Expenses 935 654 449 106 206
Income After Depreciation & Amortization 6,225 7,037 8,366 2,437 1,091
Non-Operating Income 296 238 -105 -42 -165
Interest Expense 515 560 602 598 620
Pretax Income 6,006 6,715 7,659 1,797 306
Income Taxes 2,270 2,267 2,299 944 510
Minority Interest 1,903 1,011 1,059 266 50
Investment Gains/Losses 15 31 5 12 12
Other Income/Charges 0 0 0 0 0
Income From Cont. Operations 3,751 4,479 5,365 865 -192
Extras & Discontinued Operations 0 0 0 0 3
Net Income (GAAP) 1,848 3,468 4,306 599 -239
Depreciation Footnote 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Income Before Depreciation & Amortization 8,293 9,056 10,364 3,965 2,503
Depreciation & Amortization (Cash Flow) 2,068 2,019 1,998 1,528 1,412
Income After Depreciation & Amortization 6,225 7,037 8,366 2,437 1,091
Earnings Per Share Data 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Average Shares 1,443.00 1,451.00 1,482.00 1,461.00 1,451.00
Diluted EPS Before Non-Recurring Items 1.54 2.44 3.13 0.54 0.02
Diluted Net EPS (GAAP) 1.28 2.39 2.90 0.41 -0.17

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

All items in Millions except EPS data.

3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Sales NA 5,905.00 5,824.00 5,737.00 5,389.00
Cost Of Goods NA 3,949.00 4,086.00 4,096.00 3,564.00
Gross Profit NA 1,956.00 1,738.00 1,641.00 1,825.00
SG&A, R&D, and Dept/Amort Expenses 0.00 234.00 246.00 231.00 224.00
Income After SG&A, R&D, and Dept/Amort Expenses 0.00 1,722.00 1,492.00 1,410.00 1,601.00
Non-Operating Income NA 103.00 76.00 29.00 88.00
Interest Expense NA 97.00 96.00 171.00 151.00
Pretax Income NA 1,728.00 1,472.00 1,268.00 1,538.00
Income Taxes NA 724.00 508.00 539.00 499.00
Minority Interest NA 619.00 510.00 388.00 386.00
Investment Gains/Losses NA 3.00 0.00 2.00 10.00
Other Income/Charges NA 0.00 0.00 0.00 0.00
Income From Cont. Operations NA 1,007.00 964.00 731.00 1,049.00
Extras & Discontinued Operations NA 0.00 0.00 0.00 0.00
Net Income (GAAP) NA 388.00 454.00 343.00 663.00
Earnings Per Share Data 3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Average Shares NA 1,444.00 1,443.00 1,442.00 1,443.00
Diluted EPS Before Non-Recurring Items NA 0.27 0.39 0.35 0.52
Diluted Net EPS (GAAP) NA 0.28 0.31 0.23 0.46