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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

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

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Pretax Income 6,111 -13,309 5,816 8,512 8,818 5,487 4,913 -800 -14,128 -3,472

Freeport-McMoRan Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Pretax Income 1,055 -3,824 -3,102 -2,527 -4,162 -4,277 -4,038 -114 177 492
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