Freeport-McMoRan Net Income 2024

Freeport-McMoRan Net Income

2.31 B USD

Freeport-McMoRan Dividend yield

0.9 %

Ticker

FCX

ISIN

US35671D8570

WKN

896476

In 2024, Freeport-McMoRan's profit amounted to 2.31 B USD, a 25.52% increase from the 1.84 B USD profit recorded in the previous year.

The Freeport-McMoRan Net Income history

YEARNET INCOME (undefined USD)
2027e3.71
2026e3.57
2025e3.13
2024e2.31
20231.84
20223.46
20214.3
20200.6
2019-0.24
20182.6
20171.81
2016-4.16
2015-12.24
2014-1.31
20132.66
20123.04
20114.56
20104.27
20092.53
2008-11.34
20072.77
20061.4
20050.94
20040.16

Freeport-McMoRan Aktienanalyse

What does Freeport-McMoRan do?

Freeport-McMoRan Inc. is an American mining company that was founded in 1912. It is headquartered in Phoenix, Arizona and is now one of the world's largest copper, gold, and molybdenum producers. History: The roots of Freeport-McMoRan go back to 1865 when the founding partners of the company, James R. Bobbitt and William A. Clark, entered the mining industry. The company Freeport Sulphur Company was founded in New York in 1912 and later renamed Freeport Minerals Company. The merger of Freeport Minerals and McMoRan Oil & Gas in 1981 led to the formation of the present-day company. Business Model: Freeport-McMoRan is an integrated copper, gold, and molybdenum producer involved in exploration through to refining. The company operates mines, processing facilities, smelters, and refineries worldwide. The company is one of the world's largest publicly traded commodity companies. Divisions: Freeport-McMoRan operates in two main divisions: mining and exploration. The mining division includes operating sites in North America, South America, and Indonesia. Copper, gold, and molybdenum ore are mined and processed at these sites. The North and South American sites mainly produce copper, while the operation in Indonesia primarily produces gold. Freeport-McMoRan is the second-largest copper producer in the world and the largest gold producer in Indonesia. The exploration division focuses on exploring new mineral resources in North America, South America, and Africa. The company aims to expand its mineral resources and develop new deposits to increase its production. Products: Freeport-McMoRan produces and distributes a variety of products made from copper, gold, and molybdenum. The main products are copper cathodes and concentrates, as well as gold bars. Other products include copper pipes, electrical cables, alloys, printed circuit boards, jewelry, gold coins, and industrial chemicals. Conclusion: Freeport-McMoRan is a leading commodity company with a long tradition and a wide portfolio of mining and exploration activities. The company aims to increase its production and expand its mineral resources to strengthen its position as one of the world's largest copper, gold, and molybdenum producers. The products that Freeport-McMoRan produces are essential in many industries such as electronics, jewelry manufacturing, and industrial chemistry. Freeport-McMoRan ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Freeport-McMoRan's Profit Margins

The profit margins of Freeport-McMoRan represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Freeport-McMoRan's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Freeport-McMoRan's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Freeport-McMoRan's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Freeport-McMoRan’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Freeport-McMoRan Stock

How much profit has Freeport-McMoRan made this year?

Freeport-McMoRan has made 2.31 B USD this year.

How has the profit developed compared to last year?

The profit has increased by 25.52% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Freeport-McMoRan publish its earnings?

Freeport-McMoRan publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Freeport-McMoRan?

The profits of Freeport-McMoRan are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Freeport-McMoRan?

You can learn more about the earnings of Freeport-McMoRan by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Freeport-McMoRan pay?

Over the past 12 months, Freeport-McMoRan paid a dividend of 0.45 USD . This corresponds to a dividend yield of about 0.9 %. For the coming 12 months, Freeport-McMoRan is expected to pay a dividend of 0.54 USD.

What is the dividend yield of Freeport-McMoRan?

The current dividend yield of Freeport-McMoRan is 0.9 %.

When does Freeport-McMoRan pay dividends?

Freeport-McMoRan pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Freeport-McMoRan?

Freeport-McMoRan paid dividends every year for the past 10 years.

What is the dividend of Freeport-McMoRan?

For the upcoming 12 months, dividends amounting to 0.54 USD are expected. This corresponds to a dividend yield of 1.07 %.

In which sector is Freeport-McMoRan located?

Freeport-McMoRan is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Freeport-McMoRan kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Freeport-McMoRan from 5/1/2024 amounting to 0.075 USD, you needed to have the stock in your portfolio before the ex-date on 4/12/2024.

When did Freeport-McMoRan pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of Freeport-McMoRan in the year 2023?

In the year 2023, Freeport-McMoRan distributed 0.3 USD as dividends.

In which currency does Freeport-McMoRan pay out the dividend?

The dividends of Freeport-McMoRan are distributed in USD.

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Andere Kennzahlen von Freeport-McMoRan

Our stock analysis for Freeport-McMoRan Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Freeport-McMoRan Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.