Freeport-McMoRan Inc. (FCX)

Last Closing Price: 49.61 (2024-04-19)

Company Description

Freeport-McMoRan Inc., is engaged in mineral exploration and development; mining and milling of copper, gold, molybdenum and silver; as well as the smelting and refining of copper concentrates. The company conducts its operations primarily through its principal operating subsidiaries, PT Freeport Indonesia, Freeport-McMoRan Corporation and Atlantic Copper. PT Freeport Indonesia's principal asset is Papua, Indonesia-based Grasberg mine, which contains the world's largest copper and gold reserves. Freeport conducts its mining operations through four primary divisions - North America copper mines, South America mining, Indonesia mining and Molybdenum. In North America, Freeport operates open-pit copper mines in Arizona and New Mexico. The company also has molybdenum mines in Colorado. All of these operations are wholly owned by Freeport, except Morenci, which is under a joint venture with Freeport holding. In South America, the company has operating copper mines in Peru and in Chile.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $22.86B
Net Income (Most Recent Fiscal Year) $1.85B
PE Ratio (Current Year Earnings Estimate) 31.87
PE Ratio (Trailing 12 Months) 32.78
PEG Ratio (Long Term Growth Estimate) 2.30
Price to Sales Ratio (Trailing 12 Months) 3.15
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.64
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 16.78
Pre-Tax Margin (Trailing 12 Months) 26.28%
Net Margin (Trailing 12 Months) 8.09%
Return on Equity (Trailing 12 Months) 8.41%
Return on Assets (Trailing 12 Months) 4.31%
Current Ratio (Most Recent Fiscal Quarter) 2.42
Quick Ratio (Most Recent Fiscal Quarter) 1.38
Debt to Common Equity (Most Recent Fiscal Quarter) 0.32
Inventory Turnover (Trailing 12 Months) 2.67
Book Value per Share (Most Recent Fiscal Quarter) $19.03
Earnings per Share (Most Recent Fiscal Quarter) $0.27
Earnings per Share (Most Recent Fiscal Year) $1.54
Diluted Earnings per Share (Trailing 12 Months) $1.27
Stock
Exchange NYSE
Sector Basic Materials
Industry Copper
Common Shares Outstanding 1.43B
Free Float 1.42B
Market Capitalization $71.95B
Average Volume (Last 20 Days) 15.06M
Beta (Past 60 Months) 2.04
Percentage Held By Insiders (Latest Annual Proxy Report) 0.78%
Percentage Held By Institutions (Latest 13F Reports) 80.77%
Annual Dividend (Based on Last Quarter) $0.30
Dividend Yield (Based on Last Quarter) 0.60%