Freeport-McMoRan Copper & Gold Inc. (FCX) is an international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest publicly traded copper producer and has a dynamic portfolio of operating, expansion and growth projects in the copper industry. FCX is also the world’s largest producer of molybdenum and a significant gold producer. FCX’s portfolio of assets includes the Grasberg mining complex in Indonesia, one of the world’s largest copper and gold mines in terms of recoverable reserves, significant mining operations in North and South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo. At December 31, 2012, FCX had proven and probable copper reserves of 116.5 billion pounds.
Type
Public
HQ
Phoenix, US
Size (employees)
30,000 (est)
Website
fcx.com
Freeport-McMoran is headquartered in Phoenix, US
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Key People/Management at Freeport-McMoran

Kathleen Quirk

Kathleen Quirk

Executive Vice President, Chief Financial Officer and Treasurer
Michael Arnold

Michael Arnold

Executive Vice President and Chief Administrative Officer
Harry Conger

Harry Conger

President and Chief Operating Officer
Richard Adkerson

Richard Adkerson

Vice Chairman, President and Chief Executive Officer

Freeport-McMoran Office Locations

Freeport-McMoran has offices in El Paso, Sofia, Phoenix, Madison and in 5 other locations
Phoenix, US (HQ)
333 N Central Ave
Show all (9)
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Freeport-McMoran Financials and Metrics

Freeport-McMoran Financials

Freeport-McMoran's revenue was reported to be $14.83 b in FY, 2016 which is a 1.5% increase from the previous period.
USD

Revenue (Q2, 2017)

3.7 b

Gross profit (Q2, 2017)

766 m

Gross profit margin (Q2, 2017), %

20.6%

Net income (Q2, 2017)

335 m

EBIT (Q2, 2017)

669 m

Market capitalization (18-Apr-2018)

27.9 b

Cash (30-Jun-2017)

4.7 b
Freeport-McMoran's current market capitalization is $27.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

20.9 b20 b14.6 b14.8 b

Revenue growth, %

(4%)(27%)2%

Cost of goods sold

14.6 b18.5 b27.4 b17.6 b

Gross profit

6.3 b1.5 b(12.8 b)(2.8 b)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

4.2 b4.2 b3.7 b3.5 b3.3 b3.9 b3.3 b3.7 b

Cost of goods sold

7 b6.4 b7.4 b7.2 b3.9 b3.4 b2.6 b2.9 b

Gross profit

(2.8 b)(2.2 b)(3.8 b)(3.7 b)(545 m)466 m752 m766 m

Gross profit Margin, %

(67%)(51%)(102%)(105%)(16%)12%23%21%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.7 b4.8 b4.8 b3.7 b2 b464 m224 m4.2 b

Accounts Receivable

1.7 b953 m689 m1.1 b

Current Assets

10 b9 b7.5 b10.4 b

PP&E

24 b26.2 b27.5 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

2.2 b1.3 b1.5 b658 m549 m466 m338 m331 m352 m1.1 b4 b4.7 b

Current Assets

9.6 b9.4 b10.3 b9 b8.9 b8.7 b8.2 b7.2 b10.7 b11.5 b9.8 b10.4 b

Goodwill

1.9 b1.9 b1.7 b1.7 b

Total Assets

62.6 b63.8 b64 b64 b56.1 b54 b50.4 b42.7 b41.3 b41.4 b36.6 b37 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.4 b(745 m)(12.1 b)(4 b)

Inventories

(288 m)(249 m)379 m117 m

Accounts Payable

(359 m)(394 m)(217 m)(28 m)

Cash From Operating Activities

6.1 b5.6 b3.2 b3.7 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

2.5 b626 m1.3 b2 b(2.4 b)(4.2 b)(8 b)(4.1 b)(4.5 b)(4.2 b)306 m641 m

Depreciation and Amortization

1.8 b966 m2 b939 m1.8 b2.7 b722 m1.4 b2 b389 m839 m

Inventories

(66 m)(180 m)(230 m)(267 m)165 m8 m83 m114 m190 m251 m(135 m)(101 m)

Cash From Operating Activities

3.7 b1.2 b2.6 b4.5 b717 m1.8 b2.6 b740 m1.6 b2.6 b792 m1.8 b
USDY, 2017

Revenue/Employee

123.7 k

Financial Leverage

5.6 x
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Freeport-McMoran News and Updates

Surface Mining Market Intelligence and Forecast by Future Market Insights

Future Market Insights has announced the addition of the “Surface Mining Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020 " report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryToday
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