FCX Q3 2023 Earnings — Freeport-McMoRan Inc. Revenue & Financial Results | Market Cap Arena

FCXFreeport-McMoRan Inc.

$90B

Q3 2023 Earnings

Basic Materials Copper

Income Statement

Revenue

$5.9B+9.5% YoY

Gross Profit

$1.8B29.9% margin

Operating Income

$1.5B26.2% margin

Net Income

$449M7.7% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$58M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$51.6B

Total Liabilities

$25.0B

Stockholders' Equity

$16.5B

Cash & Equivalents

$5.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.9B	$5.4B	+9.5%
Gross Profit	$1.8B	$1.4B	+23.7%
Operating Income	$1.5B	$1.3B	+17.1%
Net Income	$449M	$399M	+12.5%

Revenue Segments

Grasberg Segment

$2.0B46%

Rod and Refining Segment

$1.6B36%

Morenci

$624M14%

Molybdenum

$147M3%