FCX Q3 2022 Earnings — Freeport-McMoRan Inc. Revenue & Financial Results | Market Cap Arena

FCXFreeport-McMoRan Inc.

$90B

Q3 2022 Earnings

Basic Materials Copper

Income Statement

Revenue

$5.4B-13.4% YoY

Gross Profit

$1.4B26.4% margin

Operating Income

$1.3B24.5% margin

Net Income

$399M7.4% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-13.3%

Cash Flow

Operating Cash Flow

$758M

Free Cash Flow

-$78M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$49.9B

Total Liabilities

$25.7B

Stockholders' Equity

$15.0B

Cash & Equivalents

$8.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$6.2B	-13.4%
Gross Profit	$1.4B	$2.6B	-46.0%
Operating Income	$1.3B	$2.5B	-47.6%
Net Income	$399M	$1.4B	-71.4%

Revenue Segments

Grasberg Segment

$1.7B45%

Rod and Refining Segment

$1.4B37%

Morenci

$551M14%

Molybdenum

$127M3%