FCX Q3 2024 Earnings — Freeport-McMoRan Inc. Revenue & Financial Results | Market Cap Arena

FCXFreeport-McMoRan Inc.

$90B

Q3 2024 Earnings

Basic Materials Copper

Income Statement

Revenue

$6.7B+13.8% YoY

Gross Profit

$2.0B29.7% margin

Operating Income

$1.8B27.6% margin

Net Income

$520M7.8% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$673M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$55.4B

Total Liabilities

$26.5B

Stockholders' Equity

$17.5B

Cash & Equivalents

$6.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.7B	$5.9B	+13.8%
Gross Profit	$2.0B	$1.8B	+13.2%
Operating Income	$1.8B	$1.5B	+20.2%
Net Income	$520M	$449M	+15.8%

Revenue Segments

Copper Cathode

$2.1B30%

Copper In Concentrates

$1.8B26%

Gold

$1.4B20%

Refined Copper Products

$1.0B15%

Molybdenum

$454M7%

Purchased Copper

$154M2%