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GuruFocus has detected 2 Warning Signs with Freeport-McMoRan Inc $FCX.
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Freeport-McMoRan Inc (NYSE:FCX)
Pre-Tax Income
$-3,483 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. Freeport-McMoRan Inc's pretax income for the three months ended in Dec. 2016 was $492 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $-3,483 Mil. Freeport-McMoRan Inc's pretax margin was 11.24%.

During the past 13 years, Freeport-McMoRan Inc's highest Pretax Margin was 44.84%. The lowest was -96.72%. And the median was 26.98%.


Definition

This is the income that a company earns before paying income taxes.

Freeport-McMoRan Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=-2792+75+-755+0+0
=-3,472

Freeport-McMoRan Inc's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=703+-30+-181+0+0
=492

Freeport-McMoRan Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was -4038 (Mar. 2016 ) + -114 (Jun. 2016 ) + 177 (Sep. 2016 ) + 492 (Dec. 2016 ) = $-3,483 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Freeport-McMoRan Inc's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=492/4377
=11.24%

During the past 13 years, Freeport-McMoRan Inc's highest Pretax Margin was 44.84%. The lowest was -96.72%. And the median was 26.98%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Freeport-McMoRan Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 6,111-13,3095,8168,5128,8185,4874,913-800-14,128-3,472

Freeport-McMoRan Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 1,055-3,824-3,102-2,527-4,162-4,277-4,038-114177492
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