Freeport-McMoRan Inc. (FCX)

Freeport-McMoRan Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	24,862	25,455	22,855	22,780	22,845	14,198
Revenue Growth (YoY)	4.52%	11.38%	0.33%	-0.29%	60.90%	-1.42%
Cost of Revenue	15,300	15,388	13,560	13,070	11,940	10,127
Gross Profit	9,562	10,067	9,295	9,710	10,905	4,071
Selling, General & Admin	543	533	520	444	376	391
Other Operating Expenses	70	127	254	121	91	29
Operating Expenses	2,952	3,126	3,046	2,699	2,520	1,998
Operating Income	6,610	6,941	6,249	7,011	8,385	2,073
Interest Expense	-300	-319	-454	-560	-559	-563
Earnings From Equity Investments	17	15	15	31	5	12
Currency Exchange Gain (Loss)	17	17	20	9	66	34
Other Non Operating Income (Expenses)	268	339	376	222	-178	46
EBT Excluding Unusual Items	6,612	6,993	6,206	6,713	7,719	1,602
Gain (Loss) on Sale of Assets	-	-	-	2	80	473
Legal Settlements	-	-	-195	-	-43	-165
Other Unusual Items	-71	-71	10	31	-92	-101
Pretax Income	6,541	6,922	6,021	6,746	7,664	1,809
Income Tax Expense	2,511	2,523	2,270	2,267	2,299	944
Earnings From Continuing Operations	4,030	4,399	3,751	4,479	5,365	865
Net Income to Company	4,030	4,399	3,751	4,479	5,365	865
Minority Interest in Earnings	-2,262	-2,510	-1,903	-1,011	-1,059	-266
Net Income	1,768	1,889	1,848	3,468	4,306	599
Preferred Dividends & Other Adjustments	7	6	6	7	7	3
Net Income to Common	1,761	1,883	1,842	3,461	4,299	596
Net Income Growth	6.63%	2.22%	-46.71%	-19.46%	618.87%	-
Shares Outstanding (Basic)	1,439	1,438	1,434	1,441	1,466	1,453
Shares Outstanding (Diluted)	1,445	1,445	1,443	1,451	1,482	1,461
Shares Change (YoY)	0.14%	0.14%	-0.55%	-2.09%	1.44%	0.69%
EPS (Basic)	1.22	1.31	1.28	2.40	2.93	0.41
EPS (Diluted)	1.22	1.30	1.28	2.39	2.90	0.41
EPS Growth	7.02%	1.56%	-46.44%	-17.59%	607.32%	-
Free Cash Flow	1,596	2,352	455	1,670	5,600	1,056
Free Cash Flow Per Share	1.10	1.63	0.32	1.15	3.78	0.72
Dividend Per Share	0.600	0.600	0.600	0.600	0.375	-
Dividend Growth	-	-	-	60.00%	-	-
Gross Margin	38.46%	39.55%	40.67%	42.63%	47.73%	28.67%
Operating Margin	26.59%	27.27%	27.34%	30.78%	36.70%	14.60%
Profit Margin	7.08%	7.40%	8.06%	15.19%	18.82%	4.20%
Free Cash Flow Margin	6.42%	9.24%	1.99%	7.33%	24.51%	7.44%
EBITDA	9,076	9,536	8,523	9,274	10,599	3,834
EBITDA Margin	36.50%	37.46%	37.29%	40.71%	46.39%	27.00%
D&A For EBITDA	2,466	2,595	2,274	2,263	2,214	1,761
EBIT	6,610	6,941	6,249	7,011	8,385	2,073
EBIT Margin	26.59%	27.27%	27.34%	30.78%	36.70%	14.60%
Effective Tax Rate	38.39%	36.45%	37.70%	33.61%	30.00%	52.18%

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q