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Freeport mcmoran Inc   (FCX)
Other Ticker:  
 
    Sector • Basic Materials    Industry • Metal Mining
   Industry • Metal Mining
   Sector • Basic Materials


 

Freeport mcmoran Inc

FCX's Financial Statements and Analysis



Freeport mcmoran Inc reported in the second quarter of 2024 net earnings per share of $0.42 an increase by 82.61 % year on year from $0.23 and an improvement of 31.25 % from $0.32 realized in I. Quarter (Mar 31 2024).


second quarter of 2024
Earnings Per Share Revenues
$ 0.42 $  6,624 Mill
$+0.19     +82.61 % $+887M     +15.46 %



Freeport Mcmoran Inc 's Revenue rose by 15.46 % in second quarter of 2024 (Jun 30 2024) year on year, to $6,624 million and advanced by 4.79 % sequentially.


Freeport Mcmoran Inc is

More on FCX's Income Statement



Freeport Mcmoran Inc 's net income of $1,280.000 million in the second quarter of 2024 increased by 75.1 % from net earnings of $731.000 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 10.15 % from net income of $1,162.000 million realized in previous quarter.

More on FCX's Growth

Freeport Mcmoran Inc Inventories
FCX's Cash flow In the second quarter of 2024 company's net cash flow was $62 million, capital expenditures grew by -1163-4.04%, to $-1,116 millions compare to same quarter a year ago

More on FCX's Cash flow Statement


Freeport mcmoran Inc payed out dividend of $0.60 per share in last 52 weeks representing 54.55 % of net earning per share in trailing twelve-month period.

During the same period Freeport mcmoran Inc earned $ 4.43 cash per share, on a free-cash flow basis 403.15 % of net earning per share.

Book value grew by 2.00 % sequentially to $19.85 per share, 164.12% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 19.85 per share from $ 19.46.

Company issued 1.00 million shares or 0.07 % in Jun 30 2024.
Debt Coverage Ratio was 0.69.

• More on FCX's Dividends

 Market Capitalization (Millions) 61,644
 Shares Outstanding (Millions) 1,445
 Total Debt (Millions $) 9,426
 Revenue (TTM) (Millions $) 24,674
 Net Income (TTM) (Millions $) 4,413
 Cash Flow (TTM) (Millions $) -534
 Capital Exp. (TTM) (Millions $) -4,910
 Dividend TTM ($) 0.6 $
 Dividend Yield TTM (%) 1.41 %
 Employees (TTM) $ 25,600




Freeport mcmoran Inc payed out dividend of $0.60 per share in the last 52 weeks representing 54.55 % of net earning per share in trailing twelve-month period.

During the same period Freeport mcmoran Inc had $ 4.43 cash flow per share, on a free-cash flow basis 403.15 % of net earning per share.

Book value grew by 2.00 % sequentially to $19.85 per share, 164.12% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 19.85 per share from $ 19.46.

Company issued 1.00 million shares or 0.07 % in Jun 30 2024.
Debt Coverage Ratio was 0.69.

• More on FCX's Balance Sheets

 Market Capitalization (Millions) 61,644
 Shares Outstanding (Millions) 1,445
 Total Debt (Millions $) 9,426
 Revenue (TTM) (Millions $) 24,674
 Net Income (TTM) (Millions $) 4,413
 Cash Flow (TTM) (Millions $) -534
 Capital Exp. (TTM) (Millions $) -4,910
 Dividend TTM ($) 0.6 $
 Dividend Yield TTM (%) 1.41 %
 Employees (TTM) $ 25,600
   


  News about Freeport mcmoran Inc Earnings

Freeport Mcmoran Inc Surges with Outstanding Performance in Latest Fiscal Report

#As the financial results for Freeport-McMoRan Inc. (NYSE: FCX) were recently unveiled, it is evident that the company's commitment to sustainable practices has not only strengthened its standing in the industry but also yielded positive financial outcomes. In the first quarter of 2024, the company's revenue surged by an impressive 17.294% to $6.32 billion, outpacing most of its competitors in the Metal Mining industry. However, it is important to note that despite this impressive revenue growth, the company experienced a 30.43% decrease in earnings per share (EPS) to $0.32 per share.
These results indicate that Freeport-McMoRan's profitability experienced a decline, underscoring the challenges faced by ...

Freeport Mcmoran Inc Sees Impressive 30.43% Surge in Double Digit Income per Share in 2023 Fiscal Year

Freeport-McMoRan Inc. (FCX) announced its financial and operating results for the fiscal year ending December 31, 2023. Despite facing some challenges, the company managed to achiev...

Freeport Mcmoran Inc. Surpasses Expectations with a Remarkable 16.41% Revenue Surge in Q3 2023 Earnings Season

Freeport Mcmoran Inc, a prominent mining company, has experienced a decline of -0.62% in its shares over the last month. However, when looking at the bigger picture, its shares have seen a significant increase of 35.19% over the past 12 months. Moreover, the company's shares currently trade at a level 6.4% above its 52-week low.
The decline in the company's shares over the last month may raise concerns for investors, but it is important to consider the broader financial performance of Freeport Mcmoran Inc. In the July to September 2023 timeframe, the company reported a double-digit revenue rise of 16.41% to $5.82 billion. This growth in revenue led to a modest bottom-line increase of 10.71% to $0.31 per ...

Freeport Mcmoran Reports Impressive 5.927% Revenue Uptick During Second Quarter of 2023 Earnings Season

Freeport Mcmoran Inc, a leading Me...

Freeport Mcmoran Inc Confronts Headwinds, Despite Strong First Quarter Performance

Freeport Mcmoran Inc is a promine...


Date modified: 2024-09-13T05:20:12+00:00





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