Company
Freeport-McMoRan Inc.
Headquarters: Phoenix, AZ, United States
Founded: 1912
Employees: 24,700
CEO: Mr. Richard C. Adkerson
Market Cap
$55.32 Billion
USD as of Jan. 1, 2025
Freeport-McMoRan Inc. Categories
United States Basic Materials CopperUnited States Basic Materials United States Copper
Top Competitors by Market Capitalization
Industry: Copper
| Company | Market Cap (USD) |
|---|---|
| Southern Copper Corporation | $76.81 B |
| Antofagasta plc | $21.77 B |
| First Quantum Minerals Ltd. | $10.82 B |
| Jiangxi Copper Company Ltd | $8.29 B |
| Lundin Mining Corporation | $6.68 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Linde | $209.90 B |
| BHP | $151.21 B |
| Rio Tinto | $102.04 B |
| Air Liquide SA | $97.26 B |
| The Sherwin-Williams Company | $90.95 B |
Detailed Description
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $25.64 B |
| EBITDA | $10.03 B |
| Gross Profit TTM | $10.58 B |
| Profit Margin | 7.81% |
| Operating Margin | 29.04% |
| Quarterly Revenue Growth | 16.60% |
Stocks & Indices
Freeport-McMoRan Inc. has the following listings and related stock indices.
Stock: NYSE: FCX wb_incandescent
Stock: BCBA: FCX wb_incandescent
Stock: BMV: FCX wb_incandescent
Stock: Bovespa: FCXO34 wb_incandescent
Stock: BVS: FCX wb_incandescent
Stock: FSX: FPMB wb_incandescent
Stock: MTA: FPMB wb_incandescent
Product & Services
CopperGoldMolybdenum
Key People
Founder(s): Eric Pierson Swenson, et al
Gerald J. Ford, Chairman Richard Adkerson, President & CEO Kathleen L. Quirk, CFO