FCX (Freeport-McMoRan Inc.) Stock Financials & Earnings | Market Cap Arena

FCX (Freeport-McMoRan Inc.) Stock Financials & Earnings | Market Cap Arena

FCXFreeport-McMoRan Inc.

Mkt Cap$90B

Basic Materials·Copper·🇺🇸 United States·NYSE

Revenue (TTM)$25.7B

Net Income (TTM)$2.2B

EPS (TTM)$1.52

Free Cash Flow (TTM)$5.6B

Gross Margin27.0%

Op. Margin24.4%

Net Margin8.5%

FCF Margin21.8%

P/S Ratio (TTM)3.5x

P/E Ratio (TTM)40.9x

YoY Rev Growth+2.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$5.1B	$1.5B	$1.3B
Q2 23	$5.9B	$1.8B	$1.6B
Q3 23	$5.9B	$1.8B	$1.5B
Q4 23	$5.8B	$1.8B	$1.6B
Q1 24	$6.2B	$1.7B	$1.5B
Q2 24	$6.4B	$2.0B	$1.8B
Q3 24	$6.7B	$2.0B	$1.8B
Q4 24	$5.9B	$1.5B	$1.4B
Q1 25	$5.6B	$1.3B	$1.1B
Q2 25	$7.6B	$2.6B	$2.4B
Q3 25	$7.0B	$2.1B	$2.0B
Q4 25	$5.6B	$1.0B	$811M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	4.1x	34.7x
Q2 23	4.1x	43.0x
Q3 23	4.0x	42.0x
Q4 23	4.0x	49.0x
Q1 24	3.8x	54.7x
Q2 24	3.7x	46.9x
Q3 24	3.6x	45.3x
Q4 24	3.6x	48.0x
Q1 25	3.7x	51.3x
Q2 25	3.5x	47.0x
Q3 25	3.5x	43.5x
Q4 25	3.5x	40.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1.1B	-$71M
Q2 23	$1.7B	$510M
Q3 23	$1.2B	$58M
Q4 23	$1.3B	-$42M
Q1 24	$1.9B	$642M
Q2 24	$2.0B	$840M
Q3 24	$1.9B	$673M
Q4 24	$1.4B	$197M
Q1 25	$1.1B	-$114M
Q2 25	$2.2B	$3.4B
Q3 25	$1.7B	$608M
Q4 25	$693M	$1.7B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$1.1B
Q2 23	$1.2B
Q3 23	$1.2B
Q4 23	$1.4B
Q1 24	$1.3B
Q2 24	$1.1B
Q3 24	$1.2B
Q4 24	$1.2B
Q1 25	$1.2B
Q2 25	$1.2B
Q3 25	$1.1B
Q4 25	$1.1B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-19.8%	+0.8%
Q2 23	-4.0%	+16.8%
Q3 23	+9.5%	+7.0%
Q4 23	+6.5%	-1.3%
Q1 24	+21.6%	+23.6%
Q2 24	+7.4%	+5.3%
Q3 24	+13.8%	+11.6%
Q4 24	+1.4%	+8.2%
Q1 25	-10.6%	-4.6%
Q2 25	+19.0%	+13.0%
Q3 25	+4.4%	+3.8%
Q4 25	-4.2%	+6.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$53M	1.0%
Q2 23	$19M	0.3%
Q3 23	$17M	0.3%
Q4 23	$20M	0.3%
Q1 24	$53M	0.9%
Q2 24	$24M	0.4%
Q3 24	$17M	0.3%
Q4 24	$15M	0.3%
Q1 25	$0	0.0%
Q2 25	$74M	1.0%
Q3 25	$0	0.0%
Q4 25	$47M	0.8%

OpEx Breakdown

Quarter	SG&A
Q1 23	$126M
Q2 23	$115M
Q3 23	$118M
Q4 23	$120M
Q1 24	$144M
Q2 24	$123M
Q3 24	$117M
Q4 24	$129M
Q1 25	$154M
Q2 25	$127M
Q3 25	$131M
Q4 25	$133M

Revenue Segments

Quarter	Copper Cathode	Copper In Concentrates	Gold	Molybdenum	Purchased Copper	Refined Copper Products
Q2 24	$2.2B	$1.6B	$935M	$476M	$300M	$974M
Q3 24	$2.1B	$1.8B	$1.4B	$454M	$154M	$1.0B
Q1 25	$2.0B	$1.4B	$475M	$442M	$298M	$960M
Q2 25	$2.2B	$2.0B	$1.8B	$479M	$173M	$969M
Q3 25	$1.8B	$2.0B	$1.2B	$504M	$18M	$1.3B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$6.9B	$0	$6.9B
Q2 23	$6.7B	$0	$6.7B
Q3 23	$5.7B	$0	$5.7B
Q4 23	$4.8B	$0	$4.8B
Q1 24	$6.1B	$100M	$6.2B
Q2 24	$6.2B	$100M	$6.3B
Q3 24	$6.0B	$100M	$6.1B
Q4 24	$3.9B	$0	$3.9B
Q1 25	$4.5B	$300M	$4.8B
Q2 25	$4.0B	$700M	$4.7B
Q3 25	$3.8B	$700M	$4.5B
Q4 25	$3.4B	$700M	$4.1B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	1.44B	+0.2%
Q2 23	1.44B	-0.1%
Q3 23	1.44B	+0.1%
Q4 23	1.44B	+0.1%
Q1 24	1.44B	+0.0%
Q2 24	1.45B	+0.1%
Q3 24	1.44B	-0.1%
Q4 24	1.45B	+0.1%
Q1 25	1.44B	-0.1%
Q2 25	1.44B	+0.0%
Q3 25	1.44B	-0.1%
Q4 25	1.44B	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$607K	35K
FY 15	$434K	35K
FY 16	$487K	30K
FY 17	$629K	25K
FY 18	$708K	27K
FY 19	$522K	28K
FY 20	$566K	25K
FY 21	$905K	25K
FY 22	$911K	26K
FY 23	$835K	27K
FY 24	$893K	29K
FY 25	$888K	29K