FCX Q1 2022 Earnings — Freeport-McMoRan Inc. Revenue & Financial Results | Market Cap Arena

FCXFreeport-McMoRan Inc.

$90B

Q1 2022 Earnings

Basic Materials Copper

Income Statement

Revenue

$6.4B+37.0% YoY

Gross Profit

$2.7B43.1% margin

Operating Income

$2.6B41.0% margin

Net Income

$1.5B23.9% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$968M

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$48.8B

Total Liabilities

$24.8B

Stockholders' Equity

$14.9B

Cash & Equivalents

$8.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$4.6B	+37.0%
Gross Profit	$2.7B	$1.5B	+88.5%
Operating Income	$2.6B	$1.4B	+93.5%
Net Income	$1.5B	$714M	+113.2%

Revenue Segments

Grasberg Segment

$2.3B47%

Rod and Refining Segment

$1.7B36%

Morenci

$711M14%

Molybdenum

$128M3%