CSIMarket
 


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

FCX's Operating Income Growth by Quarter and Year

Freeport Mcmoran Inc 's Operating Income results by quarter and year




FCX Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 1,530.00 2,305.00 1,709.00
III Quarter September - 962.00 2,462.00 880.00
II Quarter June 1,410.00 1,736.00 2,067.00 321.00
I Quarter March 1,601.00 2,809.00 1,532.00 -473.00
FY   3,011.00 7,037.00 8,366.00 2,437.00



FCX Operating Income second quarter 2023 Y/Y Growth Comment
Freeport Mcmoran Inc reported decline in Operating Income in the second quarter 2023 by -18.78% to $ 1,410.00 millions, from the same quarter in 2022.
Despite modest results in the second quarter 2023, contraction in Freeport Mcmoran Inc 's Operating Income appears to be smaller than Company's recent average decline.

Looking into second quarter 2023 results within Metal Mining industry 2 other companies have achieved higher Operating Income growth. While Freeport Mcmoran Inc ' s Operating Income fall of -18.78% ranks overall at the positon no. 1234 in the second quarter 2023.

Explain Operating Income growth


FCX Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -33.62 % 34.87 % 120.52 %
III Quarter September - -60.93 % 179.77 % -
II Quarter June -18.78 % -16.01 % 543.93 % 872.73 %
I Quarter March -43 % 83.36 % - -
FY   - -15.89 % 243.29 % 123.37 %

Financial Statements
Freeport Mcmoran Inc 's second quarter 2023 Operating Income $ 1,410.00 millions FCX's Income Statement
Freeport Mcmoran Inc 's second quarter 2022 Operating Income $ 1,736.00 millions Quarterly FCX's Income Statement
New: More FCX's historic Operating Income Growth >>


FCX Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 59.04 % -6.38 % 94.2 %
III Quarter September - -44.59 % 19.11 % 174.14 %
II Quarter June -11.93 % -38.2 % 34.92 % -
I Quarter March 4.64 % 21.87 % -10.36 % -
FY (Year on Year)   - -15.89 % 243.29 % 123.37 %




Operating Income second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Metal Mining Industry #3
Basic Materials Sector #86
Overall #1234

Operating Income Y/Y Growth Statistics
High Average Low
1395.62 % -182.46 % -13895.88 %
(Mar 31 2021)   (Dec. 30, 2015)
Operating Income second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Metal Mining Industry #3
Basic Materials Sector #86
Overall #1234
Operating Income Y/Y Growth Statistics
High Average Low
1395.62 % -182.46 % -13895.88 %
(Mar 31 2021)   (Dec. 30, 2015)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Freeport Mcmoran Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
1894.44 % 47.68 % -89.72 %
(Sep 30 2016)  


FCX's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2023 Freeport Mcmoran Inc reported drop in Operating Income sequentially by -11.93% to $ 1,410.00 millions, from $ 1,601.00 millions achived in the previous quarter.

When you evaluate recent slump in the II. Quarter 2023, you suppose to take into consideration, that usually II. Quarter Operating Income occur sluggish then in the first quarter

Within Metal Mining industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Freeport Mcmoran Inc 's Operating Income growth quarter on quarter, overall rank is 1547.


Operating Income Q/Q Growth Company Ranking
Within: No.
Metal Mining Industry #6
Basic Materials Sector #128
Overall #1547
Operating Income Q/Q Growth Company Ranking
Within: No.
Metal Mining Industry #6
Basic Materials Sector #128
Overall #1547
Operating Income Q/Q Growth Statistics
High Average Low
1894.44 % 47.68 % -89.72 %
(Sep 30 2016)  


FCX's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2023 Freeport Mcmoran Inc disclosed drop in Operating Income from the previous quarter by -11.93% to $ 1,410.00 millions, from $ 1,601.00 millions declared in the previous reporting period.

When you look into current shortcoming in the quarter, you must assume, that commonly II. Quarter 2023 results emerge softer then in the quarter before, Katie  Evans, an industry veteran situated in Chicago said.

Within Metal Mining industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Freeport Mcmoran Inc 's Operating Income growth quarter on quarter, overall rank is 1547.


Freeport Mcmoran Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Operating Income 12 Months Ending $ 5,503.00 $ 5,829.00 $ 7,037.00 $ 7,812.00 $ 9,312.00
Y / Y Operating Income Growth (TTM) -40.9 % -39.55 % -15.89 % 0.54 % 50.48 %
Year on Year Operating Income Growth Overall Ranking # 407 # 207 # 64 # 1108 # 476
Seqeuential Operating Income Change (TTM) -5.59 % -17.17 % -9.92 % -16.11 % -3.43 %
Seq. Operating Income Growth (TTM) Overall Ranking # 1234 # 804 # 841 # 1897 # 1681




Cumulative Operating Income growth Comment
Freeport Mcmoran Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -40.9% year on year, at Jun 30 2023 compare to the -39.55% decrease at Mar 31 2023. If the Freeport Mcmoran Inc 's fiscal year would end at Jun 30 2023, annual Operating Income would be $5,503 millions.

Within the Basic Materials sector 31 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 207 to 407.

Operating Income TTM Q/Q Growth Statistics
High Average Low
1395.62 %
-182.46 %
-13895.88 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Metal Mining Industry # 3
Basic Materials Sector # 32
Overall # 407

Operating Income TTM Y/Y Growth Statistics
High Average Low
1395.62 %
-182.46 %
-13895.88 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 86
S&P 500 # 1234
Cumulative Operating Income growth Comment
Freeport Mcmoran Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -40.9% year on year, at Jun 30 2023 compare to the -39.55% decrease at Mar 31 2023. If the Freeport Mcmoran Inc 's fiscal year would end at Jun 30 2023, annual Operating Income would be $5,503 millions.

Within the Basic Materials sector 31 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 207 to 407.

Operating Income TTM Q/Q Growth Statistics
High Average Low
1395.62 %
-182.46 %
-13895.88 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Metal Mining Industry # 3
Basic Materials Sector # 32
Overall # 407

Operating Income TTM Y/Y Growth Statistics
High Average Low
1395.62 %
-182.46 %
-13895.88 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 86
S&P 500 # 1234




Other Operating Income Growth
Metal Mining Industry Operating Income Growth Trends and Statistics
Basic Materials Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
FCX's Operating Income Growth Ratio versus Metal Mining Industry, Basic Materials Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for FCX's Competitors
Operating Income Growth for Freeport Mcmoran Inc 's Suppliers
Operating Income Growth for FCX's Customers

You may also want to know
FCX's Annual Growth Rates FCX's Profitability Ratios FCX's Asset Turnover Ratio FCX's Dividend Growth
FCX's Roe FCX's Valuation Ratios FCX's Financial Strength Ratios FCX's Dividend Payout Ratio
FCX's Roa FCX's Inventory Turnover Ratio FCX's Growth Rates FCX's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Jun 30 2023 within Basic Materials SectorY/Y Change %Operating Income for the quarter ending Jun 30 2023
Franklin Electric Co Inc -0.10%$ -0.098 millions
Griffon Corporation-1.00%$ -0.997 millions
Martin Marietta Materials Inc -3.20%$ -3.197 millions
Mueller Water Products Inc -3.52%$ -3.523 millions
Hexcel Corporation-3.92%$ -3.918 millions
Sealed Air Corp-4.59%$ -4.588 millions
Green Plains Partners Lp-6.35%$ -6.351 millions
Sensient Technologies Corp-6.61%$ -6.612 millions
Westlake Chemical Partners Lp-7.88%$ -7.885 millions
Beacon Roofing Supply Inc -7.90%$ -7.901 millions
Cabot Corporation-10.71%$ -10.714 millions
Arcosa Inc -10.84%$ -10.839 millions
Trex Co Inc-11.07%$ -11.070 millions
Friedman Industries Inc-12.89%$ -12.891 millions
Dupont De Nemours Inc -15.23%$ -15.226 millions
Vista Gold Corp -16.04%$ -16.043 millions
Newmont Corporation-16.45%$ -16.445 millions
Veritiv Corporation-16.47%$ -16.470 millions
Eastman Chemical Co-16.50%$ -16.502 millions
Paramount Gold Nevada Corp -16.64%$ -16.635 millions
Northwest Pipe Co -17.83%$ -17.831 millions
Arconic Corporation-18.75%$ -18.750 millions
Freeport mcmoran Inc -18.78%$ -18.779 millions
Ashland Inc -19.48%$ -19.481 millions
Ingevity Corporation-19.67%$ -19.667 millions
Crown Holdings Inc -21.24%$ -21.245 millions
Regal Rexnord Corp-22.22%$ -22.217 millions
Ssr Mining Inc -24.49%$ -24.490 millions
Sylvamo Corporation-24.79%$ -24.786 millions
Innospec Inc -26.13%$ -26.134 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com