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Also traded in: Argentina, Brazil, Chile, Germany, Mexico, Switzerland, UK

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry
vs
history
Cash to Debt 0.06
FCX's Cash to Debt is ranked lower than
93% of the 1463 Companies
in the Global Copper industry.

( Industry Median: 11.67 vs. FCX: 0.06 )
Ranked among companies with meaningful Cash to Debt only.
FCX' s Cash to Debt Range Over the Past 10 Years
Min: 0  Med: 0.13 Max: 1.45
Current: 0.06
0
1.45
Equity to Asset 0.11
FCX's Equity to Asset is ranked lower than
92% of the 740 Companies
in the Global Copper industry.

( Industry Median: 0.59 vs. FCX: 0.11 )
Ranked among companies with meaningful Equity to Asset only.
FCX' s Equity to Asset Range Over the Past 10 Years
Min: 0.03  Med: 0.28 Max: 0.5
Current: 0.11
0.03
0.5
F-Score: 6
Z-Score: -0.25
M-Score: -4.37
WACC vs ROIC
12.80%
-23.65%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) -48.09
FCX's Operating margin (%) is ranked lower than
77% of the 770 Companies
in the Global Copper industry.

( Industry Median: 0.31 vs. FCX: -48.09 )
Ranked among companies with meaningful Operating margin (%) only.
FCX' s Operating margin (%) Range Over the Past 10 Years
Min: -84.29  Med: 35.49 Max: 49.54
Current: -48.09
-84.29
49.54
Net-margin (%) -54.59
FCX's Net-margin (%) is ranked lower than
76% of the 772 Companies
in the Global Copper industry.

( Industry Median: -1.83 vs. FCX: -54.59 )
Ranked among companies with meaningful Net-margin (%) only.
FCX' s Net-margin (%) Range Over the Past 10 Years
Min: -76.81  Med: 17.23 Max: 25.16
Current: -54.59
-76.81
25.16
ROE (%) -136.65
FCX's ROE (%) is ranked lower than
89% of the 1349 Companies
in the Global Copper industry.

( Industry Median: -11.27 vs. FCX: -136.65 )
Ranked among companies with meaningful ROE (%) only.
FCX' s ROE (%) Range Over the Past 10 Years
Min: -136.65  Med: 22.56 Max: 65.11
Current: -136.65
-136.65
65.11
ROA (%) -19.06
FCX's ROA (%) is ranked lower than
63% of the 1489 Companies
in the Global Copper industry.

( Industry Median: -9.20 vs. FCX: -19.06 )
Ranked among companies with meaningful ROA (%) only.
FCX' s ROA (%) Range Over the Past 10 Years
Min: -34.58  Med: 10.08 Max: 26.64
Current: -19.06
-34.58
26.64
ROC (Joel Greenblatt) (%) -20.68
FCX's ROC (Joel Greenblatt) (%) is ranked lower than
57% of the 1425 Companies
in the Global Copper industry.

( Industry Median: -12.71 vs. FCX: -20.68 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
FCX' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -58.61  Med: 30.62 Max: 87.67
Current: -20.68
-58.61
87.67
Revenue Growth (3Y)(%) -8.10
FCX's Revenue Growth (3Y)(%) is ranked lower than
58% of the 638 Companies
in the Global Copper industry.

( Industry Median: -4.40 vs. FCX: -8.10 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
FCX' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -8.1  Med: 5.6 Max: 49.3
Current: -8.1
-8.1
49.3
» FCX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

FCX Guru Trades in Q4 2015

David Tepper 3,557,460 sh (New)
John Burbank 2,784,515 sh (New)
Murray Stahl 195,704 sh (+266.83%)
Mario Gabelli 4,186,394 sh (+52.88%)
Jeremy Grantham 396,544 sh (+28.66%)
Chris Davis 519,734 sh (+15.99%)
Carl Icahn 104,000,000 sh (+4.00%)
John Buckingham Sold Out
Steven Cohen Sold Out
Pioneer Investments Sold Out
David Dreman 24,399 sh (-71.77%)
Ray Dalio 353,300 sh (-75.89%)
» More
Q1 2016

FCX Guru Trades in Q1 2016

Caxton Associates 2,427,000 sh (New)
Steven Cohen 706,300 sh (New)
Jeremy Grantham 575,344 sh (+45.09%)
Ray Dalio 401,691 sh (+13.70%)
Mario Gabelli 4,721,750 sh (+12.79%)
Chris Davis 520,684 sh (+0.18%)
Carl Icahn 104,000,000 sh (unchged)
John Burbank Sold Out
David Tepper Sold Out
Signature Select Canadian Fund 98,900 sh (-3.23%)
Murray Stahl 146,955 sh (-24.91%)
David Dreman 975 sh (-96.00%)
» More
Q2 2016

FCX Guru Trades in Q2 2016

Jim Simons 3,347,271 sh (New)
John Burbank 935,260 sh (New)
Stanley Druckenmiller 3,470,700 sh (New)
Mario Gabelli 4,854,850 sh (+2.82%)
Jeremy Grantham 575,344 sh (unchged)
Jeremy Grantham 158,000 sh (unchged)
Alan Fournier 5,000,000 sh (unchged)
David Dreman 975 sh (unchged)
Carl Icahn 104,000,000 sh (unchged)
Paul Tudor Jones 69,000 sh (unchged)
Paul Tudor Jones 132,700 sh (unchged)
Chris Davis Sold Out
Caxton Associates Sold Out
Steven Cohen Sold Out
Murray Stahl 137,847 sh (-6.20%)
Ray Dalio 369,991 sh (-7.89%)
» More
Q3 2016

FCX Guru Trades in Q3 2016

Ken Heebner 1,850,000 sh (New)
Paul Tudor Jones 82,926 sh (New)
Steven Cohen 402,600 sh (New)
Joel Greenblatt 37,609 sh (New)
Stanley Druckenmiller 4,877,000 sh (+40.52%)
Jim Simons 3,900,871 sh (+16.54%)
Murray Stahl 139,691 sh (+1.34%)
David Dreman 975 sh (unchged)
Jeremy Grantham 308,000 sh (unchged)
Carl Icahn 104,000,000 sh (unchged)
Ray Dalio Sold Out
John Burbank Sold Out
Mario Gabelli 4,838,950 sh (-0.33%)
Jeremy Grantham 397,744 sh (-30.87%)
» More
» Details

Insider Trades

Latest Guru Trades with FCX

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Business Description

Industry: Metals & Mining » Copper
Compare:NYSE:SCCO, OTCPK:FQVLF, NYSE:TRQ, OTCPK:LUNMF, OTCPK:OZMLF, NYSE:HBM, AMEX:NSU, OTCPK:MLXEF, OTCPK:SYAAF, OTCPK:IPMLF, OTCPK:CSFFF, OTCPK:CPPMF, OTCPK:GPHYF, OTCPK:NEVDF, OTCPK:ARREF, OTCPK:CPFXF, OTCPK:PKRLY, OTCPK:SRCSF, OTCPK:HDRSF, OTCPK:CCOXF » details
Traded in other countries:FCX.Argentina, FCXO34.Brazil, FCX.Chile, FPMB.Germany, FCX.Mexico, FCX.Switzerland, 0R2O.UK,
Freeport-McMoRan Inc, formerly Freeport-McMoRan Copper & Gold, deals in the mining of copper, gold and molybdenum.

Freeport-McMoRan Inc was incorporated under the laws of the state of Delaware on November 10, 1987. Effective July 14, 2014, Freeport-McMoRan Copper & Gold Inc. changed its name to Freeport-McMoRan Inc. The Company is a U.S.-based natural resources company with a portfolio of mineral assets and oil and natural gas resources. Its portfolio of assets includes the Grasberg minerals district in Indonesia, mining operations in North and South America; the Tenke Fungurume minerals district in the Democratic Republic of Congo in Africa; and U.S. oil and natural gas assets. The Company acquired mining assets in North America, South America and Africa when it acquired Phelps Dodge Corporation in 2007. It acquired oil and gas operations when it acquired Plains Exploration & Production Company and McMoRan Exploration Co. The Company has organized its mining operations into five primary divisions - North America copper mines, South America mining, Indonesia mining, Africa mining and Molybdenum mines, and operating segments that meet certain thresholds are reportable segments. For oil and gas operations, it determines its operating segments on a country-by-country basis. Its reportable segments include the Morenci, Cerro Verde, Grasberg and Tenke Fungurume copper mines, the Rod & Refining operations and the United States (U.S.) Oil & Gas operations. In North America, it operates seven copper mines - Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines - Henderson and Climax in Colorado. In addition to copper its North America copper mines also produce molybdenum concentrate and silver. In South America, it operates two copper mines - Cerro Verde in Peru and El Abra in Chile. In addition to copper, the Cerro Verde mine also produces molybdenum concentrate and silver. In Indonesia, its subsidiary PT-FI operates the mines in the Grasberg minerals district. In addition to copper, the Grasberg minerals district also produces gold and silver. In Africa, its subsidiary Tenke Fungurume Mining S.A. operates the mines in the Tenke minerals district. In addition to copper, the Tenke minerals district also produces cobalt hydroxide. Its portfolio of oil and gas assets include oil production facilities and growth potential in the Deepwater GOM, established oil production onshore and offshore California, onshore natural gas resources in the Haynesville shale in Louisiana, natural gas production from the Madden area in central Wyoming, and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore in South Louisiana. Its oil products include transportation fuels, fuel oils for heating and electricity generation, asphalt and road oil, and the feedstocks used to make chemicals, plastics and synthetic materials. The Company produces copper concentrate at six mines. In North America, copper concentrate is produced at the Morenci, Bagdad, Sierrita and Chino mines, and a portion i

Top Ranked Articles about Freeport-McMoRan Inc

Can Freeport-McMoRan Survive the Bear Hug? Investors can expect sharp cuts in capital expenditure to protect balance sheet
Last week, I wrote an article on Seadrill (SDRL) and whether the company can survive the bear hug. The article focused on the company’s balance sheet and credit metrics going forward. Freeport-McMoRan (NYSE:FCX) is yet another name in the natural resources sector that has been beaten down significantly, and the decline has been accelerated by leverage concerns (similar to Seadrill). This article discusses the company’s balance sheet health and if the company can survive another 12 to 18 months of pain for the industry. Read more...
Carl Icahn Makes Big Transactions in 3rd Quarter Guru buys 100 million shares of Freeport McMoRan and 27 million shares of Cheniere Energy
With an estimated net worth of $21.9 billion, Carl Icahn (Trades, Portfolio) can do big things in many ways, and his third-quarter transactions prove it. Read more...
Is Carl Icahn Completely Wrong With Freeport-McMoRan? With 8.65% of the company, the question is whether Icahn will be on the wrong side of this turnaround
Carl Icahn is the largest shareholder in Freeport-McMoRan (NYSE:FCX) with his recent purchase of around 100 million shares. Read more...

Ratios

vs
industry
vs
history
Forward P/E 13.91
FCX's Forward P/E is ranked higher than
51% of the 144 Companies
in the Global Copper industry.

( Industry Median: 14.41 vs. FCX: 13.91 )
Ranked among companies with meaningful Forward P/E only.
N/A
P/B 4.44
FCX's P/B is ranked lower than
77% of the 1332 Companies
in the Global Copper industry.

( Industry Median: 1.87 vs. FCX: 4.44 )
Ranked among companies with meaningful P/B only.
FCX' s P/B Range Over the Past 10 Years
Min: 0.46  Med: 2.61 Max: 16.44
Current: 4.44
0.46
16.44
P/S 1.21
FCX's P/S is ranked higher than
60% of the 680 Companies
in the Global Copper industry.

( Industry Median: 1.74 vs. FCX: 1.21 )
Ranked among companies with meaningful P/S only.
FCX' s P/S Range Over the Past 10 Years
Min: 0.26  Med: 1.83 Max: 3.29
Current: 1.21
0.26
3.29
POCF 6.00
FCX's POCF is ranked higher than
63% of the 378 Companies
in the Global Copper industry.

( Industry Median: 8.65 vs. FCX: 6.00 )
Ranked among companies with meaningful POCF only.
FCX' s POCF Range Over the Past 10 Years
Min: 1.29  Med: 6.49 Max: 13.07
Current: 6
1.29
13.07
Current Ratio 2.56
FCX's Current Ratio is ranked higher than
55% of the 1455 Companies
in the Global Copper industry.

( Industry Median: 2.14 vs. FCX: 2.56 )
Ranked among companies with meaningful Current Ratio only.
FCX' s Current Ratio Range Over the Past 10 Years
Min: 0.87  Med: 1.82 Max: 5.06
Current: 2.56
0.87
5.06
Quick Ratio 1.74
FCX's Quick Ratio is ranked higher than
51% of the 1454 Companies
in the Global Copper industry.

( Industry Median: 1.66 vs. FCX: 1.74 )
Ranked among companies with meaningful Quick Ratio only.
FCX' s Quick Ratio Range Over the Past 10 Years
Min: 0.24  Med: 1 Max: 3.6
Current: 1.74
0.24
3.6
Days Inventory 68.06
FCX's Days Inventory is ranked higher than
55% of the 631 Companies
in the Global Copper industry.

( Industry Median: 74.42 vs. FCX: 68.06 )
Ranked among companies with meaningful Days Inventory only.
FCX' s Days Inventory Range Over the Past 10 Years
Min: 61.2  Med: 108.37 Max: 133.31
Current: 68.06
61.2
133.31
Days Sales Outstanding 20.81
FCX's Days Sales Outstanding is ranked higher than
66% of the 617 Companies
in the Global Copper industry.

( Industry Median: 37.69 vs. FCX: 20.81 )
Ranked among companies with meaningful Days Sales Outstanding only.
FCX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.33  Med: 25.32 Max: 44.75
Current: 20.81
12.33
44.75

Buy Back

vs
industry
vs
history
Dividend Growth (3y) -27.00
FCX's Dividend Growth (3y) is ranked lower than
55% of the 237 Companies
in the Global Copper industry.

( Industry Median: -19.80 vs. FCX: -27.00 )
Ranked among companies with meaningful Dividend Growth (3y) only.
FCX' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: -100 Max: 66.7
Current: -27
0
66.7
Yield on cost (5-Year) 0.34
FCX's Yield on cost (5-Year) is ranked higher than
53% of the 904 Companies
in the Global Copper industry.

( Industry Median: 2.34 vs. FCX: 0.34 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
FCX' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.19  Med: 2.52 Max: 13.29
Current: 0.34
0.19
13.29
3-Year Average Share Buyback Ratio -9.50
FCX's 3-Year Average Share Buyback Ratio is ranked higher than
57% of the 1042 Companies
in the Global Copper industry.

( Industry Median: -12.00 vs. FCX: -9.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FCX' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -29.7  Med: -7.3 Max: 8.9
Current: -9.5
-29.7
8.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 4.44
FCX's Price/Tangible Book is ranked lower than
74% of the 1292 Companies
in the Global Copper industry.

( Industry Median: 2.03 vs. FCX: 4.44 )
Ranked among companies with meaningful Price/Tangible Book only.
FCX' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.01  Med: 5.99 Max: 107.42
Current: 4.44
1.01
107.42
Price/Projected FCF 2.83
FCX's Price/Projected FCF is ranked lower than
67% of the 306 Companies
in the Global Copper industry.

( Industry Median: 1.69 vs. FCX: 2.83 )
Ranked among companies with meaningful Price/Projected FCF only.
FCX' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.35  Med: 1.05 Max: 25.93
Current: 2.83
0.35
25.93
Price/Median PS Value 0.65
FCX's Price/Median PS Value is ranked higher than
75% of the 535 Companies
in the Global Copper industry.

( Industry Median: 1.05 vs. FCX: 0.65 )
Ranked among companies with meaningful Price/Median PS Value only.
FCX' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.24  Med: 0.94 Max: 2.06
Current: 0.65
0.24
2.06
Earnings Yield (Greenblatt) (%) -17.10
FCX's Earnings Yield (Greenblatt) (%) is ranked lower than
77% of the 1455 Companies
in the Global Copper industry.

( Industry Median: -5.10 vs. FCX: -17.10 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
FCX' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -17.1  Med: 15.2 Max: 36.1
Current: -17.1
-17.1
36.1
Forward Rate of Return (Yacktman) (%) 3.19
FCX's Forward Rate of Return (Yacktman) (%) is ranked higher than
62% of the 292 Companies
in the Global Copper industry.

( Industry Median: -5.36 vs. FCX: 3.19 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
FCX' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -5.1  Med: 15.2 Max: 85.1
Current: 3.19
-5.1
85.1

More Statistics

Revenue (TTM) (Mil) $15,524
EPS (TTM) $ -7.11
Beta2.90
Short Percentage of Float7.60%
52-Week Range $3.52 - 16.42
Shares Outstanding (Mil)1,440.00

Analyst Estimate

Dec16 Dec17 Dec18 Dec19
Revenue (Mil $) 14,444 13,884 13,118 12,201
EPS ($) 0.31 1.05 0.64 0.20
EPS w/o NRI ($) 0.31 1.05 0.64 0.20
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for FCX

Headlines

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Asset Sale Another Positive Trigger for Freeport-McMoRan May 09 2016 
Carl Icahn Raises Stake in AIG by More Than 3,000% Mar 18 2016 
Freeport-McMoRan: Further Liquidity Injection Needed Mar 14 2016 
Is Freeport-McMoRan Enticing After Big Rally? Feb 25 2016 

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