Freeport-McMoran

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)
Type
Public
HQ
Phoenix, US
Size (employees)
30,000 (est)
Website
fcx.com
Freeport-McMoran is headquartered in Phoenix, US

Key People 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 Data and Metrics

Freeport-McMoran Financial Metrics

Freeport-McMoran's revenue was reported to be $14.8 b in FY, 2016 which is a 2% increase from the previous period.
USD

Revenue (FY, 2016)

14.8 b

Revenue growth (FY, 2015 - FY, 2016), %

2%

Gross profit (FY, 2016)

(2.8 b)

Gross profit margin (FY, 2016), %

(19%)

Net income (FY, 2016)

4 b

EBIT (FY, 2016)

2.8 b

Market capitalization (21-Jul-2017)

18.9 b

Cash (31-Dec-2016)

4.2 b

EV

29.5 b
Freeport-McMoran's current market capitalization is $18.9 b.
USDFY, 2010FY, 2011FY, 2012FY, 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)

Gross profit Margin, %

30%8%(88%)(19%)

Operating expense total

15.6 b20.3 b28.1 b17.6 b

EBIT

5.4 b298 m13.5 b2.8 b

EBIT margin, %

26%1%93%19%

Interest expense

518 m630 m645 m755 m

Pre tax profit

4.9 b(800 m)(14.1 b)(3.5 b)

Income tax expense

3 b3.1 b1.5 b1.5 b225 m2 b371 m

Net Income

3.4 b(745 m)12.1 b4 b
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

Goodwill

1.9 b

Total Assets

63.5 b58.8 b46.6 b37.3 b

Accounts Payable

3.7 b3.7 b3.4 b2.4 b

Dividends Payable

333 m335 m8 m

Total Debt

20.4 b18.5 b19.8 b14.8 b

Current Liabilities

4.8 b5.2 b4.3 b4.3 b

Common Stock

117 m117 m137 m

Additional Paid-in Capital

22.2 b22.3 b24.3 b26.7 b

Retained Earnings

2.7 b128 m(12.4 b)(16.5 b)

Total Equity

25.2 b22.5 b7.8 b6.1 b

Debt to Equity Ratio

0.8 x0.8 x2.5 x2.4 x

Debt to Assets Ratio

0.3 x0.3 x0.4 x0.4 x

Financial Leverage

2.5 x2.6 x6 x6.2 x
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)

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

Capital Expenditures

(2.8 b)

Cash From Investing Activities

(10.9 b)(3.8 b)(6.2 b)3.6 b

Long-term Borrowings

(5.5 b)(10.3 b)(6.7 b)(7.6 b)

Cash From Financing Activities

3 b(3.4 b)2.8 b(3.2 b)

Free Cash Flow

6.5 b
USDY, 2016

EV/EBIT

10.5 x

EV/CFO

7.9 x

EV/FCF

4.5 x

Revenue/Employee

449.4 k

Debt/Equity

2.4 x

Debt/Assets

0.4 x

Financial Leverage

6.2 x

Freeport-McMoran Market Value History

Freeport-McMoran Job Categories

Freeport-McMoran Median Salaries

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

Freeport-McMoran Online and Social Media Presence

Freeport-McMoran News and Updates

Freeport-McMoran Company Life and Culture

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