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.
Company Growth (employees)
Phoenix, US
Size (employees)
30,000 (est)
Freeport-McMoran is headquartered in Phoenix, US

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 Phoenix, Madison, Miami, New Orleans and in 5 other locations
Phoenix, US (HQ)
333 N Central Ave
Show all (9)

Freeport-McMoran Financials and Metrics

Freeport-McMoran Financials

Freeport-McMoran's revenue was reported to be $14.8 b in FY, 2016

Revenue (Q2, 2017)

3.7 b

Gross profit (Q2, 2017)

766 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

335 m

EBIT (Q2, 2017)

669 m

Market capitalization (22-Dec-2017)

26.3 b

Cash (30-Jun-2017)

4.7 b
Freeport-McMoran's current market capitalization is $26.3 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


20.9 b20 b14.6 b14.8 b

Revenue growth, %


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)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


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, %

USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016


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


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


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


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
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

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

Accounts Receivable

49 m215 m813 m(175 m)


(288 m)(249 m)379 m117 m

Accounts Payable

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

Accounts Receivable

51 m179 m(243 m)200 m316 m493 m990 m93 m259 m257 m623 m589 m


(66 m)(180 m)(230 m)(267 m)165 m8 m83 m114 m190 m251 m(135 m)(101 m)
USDY, 2017


123.7 k

Financial Leverage

5.6 x
Show all financial metrics

Freeport-McMoran Market Value History

Freeport-McMoran Median Salaries

Source: 33 public H-1B filings from Freeport-McMoran

Freeport-McMoran's Web-traffic and Trends

Freeport-McMoran Online and Social Media Presence

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

Freeport-McMoran Company Life and Culture

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