Freeport-McMoRan Inc
General ticker "FCX" information:
- Sector: Materials
- Industry: Metals & Mining
- Capitalization: $61.1B
Freeport-McMoRan Inc follows the US Stock Market performance with the rate: 31.2%.
Estimated limits based on current volatility of 1.8%: low 38.14$, high 39.51$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-10-15, amount 0.15$ (Y1.54%)
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [31.90$, 48.97$]
- 2024-12-30 to 2025-12-30 estimated range: [32.20$, 49.55$]
Financial Metrics affecting the FCX estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.53
- Positive: Operating profit margin, % of 27.24 > 19.51
- Negative: Industry operating cash flow per share per price (median), % of 2.55 <= 3.85
- Positive: -3.48 < Investing cash flow per share, $ of -3.46
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 6.67
- Negative: 0.14 < Interest expense per share, $ of 0.36
Short-term FCX quotes
Long-term FCX plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $22,925.00MM | $22,782.00MM | $22,855.00MM |
| Operating Expenses | $14,559.00MM | $15,745.00MM | $16,630.00MM |
| Operating Income | $8,366.00MM | $7,037.00MM | $6,225.00MM |
| Non-Operating Income | $-707.00MM | $-322.00MM | $-219.00MM |
| Interest Expense | $602.00MM | $560.00MM | $515.00MM |
| Income(Loss) | $7,659.00MM | $6,715.00MM | $6,006.00MM |
| Taxes | $2,299.00MM | $2,267.00MM | $2,270.00MM |
| Other Income(Loss) | $5.00MM | $31.00MM | $15.00MM |
| Profit(Loss) | $5,365.00MM | $4,479.00MM | $3,751.00MM |
| Stockholders Equity | $13,980.00MM | $15,555.00MM | $16,693.00MM |
| Inventory | $4,497.00MM | $5,180.00MM | $6,060.00MM |
| Assets | $48,022.00MM | $51,093.00MM | $52,506.00MM |
| Operating Cash Flow | $7,715.00MM | $5,139.00MM | $5,279.00MM |
| Capital expenditure | $2,115.00MM | $3,469.00MM | $4,824.00MM |
| Investing Cash Flow | $-1,964.00MM | $-3,440.00MM | $-4,956.00MM |
| Financing Cash Flow | $-1,340.00MM | $-1,623.00MM | $-2,650.00MM |
| Earnings Per Share* | $2.93 | $2.40 | $1.29 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.