FCX Q2 2022 Earnings — Freeport-McMoRan Inc. Revenue & Financial Results | Market Cap Arena

FCXFreeport-McMoRan Inc.

$90B

Q2 2022 Earnings

Basic Materials Copper

Income Statement

Revenue

$6.2B+10.6% YoY

Gross Profit

$2.6B42.2% margin

Operating Income

$2.5B40.1% margin

Net Income

$836M13.5% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$758M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$50.1B

Total Liabilities

$26.1B

Stockholders' Equity

$14.9B

Cash & Equivalents

$9.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.2B	$5.6B	+10.6%
Gross Profit	$2.6B	$2.0B	+27.4%
Operating Income	$2.5B	$1.9B	+28.7%
Net Income	$836M	$1.1B	-22.5%

Revenue Segments

Grasberg Segment

$1.9B42%

Rod and Refining Segment

$1.8B39%

Morenci

$730M16%

Molybdenum

$144M3%