Freeport-McMoRan Inc.

BATS-CHIXE:FPMBD Stock Report

Market Cap: €53.5b

Freeport-McMoRan Past Earnings Performance

Past criteria checks 2/6

Freeport-McMoRan has been growing earnings at an average annual rate of 23.3%, while the Metals and Mining industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 12.8% per year. Freeport-McMoRan's return on equity is 16.2%, and it has net margins of 7.8%.

Key information

23.3%

Earnings growth rate

23.6%

EPS growth rate

Metals and Mining Industry Growth19.6%
Revenue growth rate12.8%
Return on equity16.2%
Net Margin7.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Freeport-McMoRan makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BATS-CHIXE:FPMBD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2425,6401,9966940
30 Jun 2424,6741,9256870
31 Mar 2423,7871,6526810
31 Dec 2322,8551,8426570
30 Sep 2322,7082,1516210
30 Jun 2321,8872,1016090
31 Mar 2321,5662,5985770
31 Dec 2222,7803,4615590
30 Sep 2223,1863,8705060
30 Jun 2224,2664,8664870
31 Mar 2224,5985,1074630
31 Dec 2122,8454,2994310
30 Sep 2121,1763,9024510
30 Jun 2118,9442,8334140
31 Mar 2116,2501,8054220
31 Dec 2014,1985964410
30 Sep 2013,614-1044830
30 Jun 2012,916-6415290
31 Mar 2013,408-7665430
31 Dec 1914,402-2455510
30 Sep 1914,1752295140
30 Jun 1915,9309965160
31 Mar 1917,5521,9415260
31 Dec 1818,6282,6135590
30 Sep 1819,9853,1555730
30 Jun 1819,3872,8735870
31 Mar 1817,9302,2606090
31 Dec 1716,4031,7515730
30 Sep 1715,7391,0406320
30 Jun 1715,3061,0086130
31 Mar 1714,9294625970
31 Dec 1614,830-3,9016380
30 Sep 1613,969-8,2805770
30 Jun 1613,474-12,3646020
31 Mar 1614,078-13,9326410
31 Dec 1514,607-12,2516650
30 Sep 1516,326-11,0366720
30 Jun 1518,640-6,6437110
31 Mar 1520,224-4,3097310
31 Dec 1420,001-1,4236860
30 Sep 1422,0882,2476700
30 Jun 1422,5572,5177730
31 Mar 1421,3232,5197500
31 Dec 1320,9212,6587500

Quality Earnings: FPMBD has high quality earnings.

Growing Profit Margin: FPMBD's current net profit margins (7.8%) are lower than last year (9.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FPMBD has become profitable over the past 5 years, growing earnings by 23.3% per year.

Accelerating Growth: FPMBD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FPMBD had negative earnings growth (-7.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (13%).


Return on Equity

High ROE: FPMBD's Return on Equity (16.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 09:05
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Freeport-McMoRan Inc. is covered by 54 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
Ishan MajumdarBaptista Research
Peter WardBarclays