FCX Q2 2020 Earnings — Freeport-McMoRan Inc. Revenue & Financial Results | Market Cap Arena

FCXFreeport-McMoRan Inc.

$87B

Q2 2020 Earnings

Basic Materials Copper

Income Statement

Revenue

$2.9B-21.2% YoY

Gross Profit

$437M15.2% margin

Operating Income

$350M12.1% margin

Net Income

$50M1.7% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

$491M

Free Cash Flow

-$36M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$40.2B

Total Liabilities

$23.1B

Stockholders' Equity

$9.0B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$3.7B	-21.2%
Gross Profit	$437M	$277M	+57.8%
Operating Income	$350M	$157M	+122.9%
Net Income	$50M	-$75M	+166.7%

Revenue Segments

Rod and Refining Segment

$1.1B48%

Grasberg Segment

$683M30%

Morenci

$447M19%

Molybdenum

$58M3%