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Freeport-McMoRan (Freeport-McMoRan) Market Cap : $71,136 Mil (As of Apr. 25, 2024)


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What is Freeport-McMoRan Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Freeport-McMoRan's share price for the quarter that ended in Dec. 2023 was $42.57. Freeport-McMoRan's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,435 Mil. Therefore, Freeport-McMoRan's market cap for the quarter that ended in Dec. 2023 was $61,088 Mil.

Freeport-McMoRan's quarterly market cap declined from Jun. 2023 ($57,360 Mil) to Sep. 2023 ($53,474 Mil) but then increased from Sep. 2023 ($53,474 Mil) to Dec. 2023 ($61,088 Mil).

Freeport-McMoRan's annual market cap declined from Dec. 2021 ($60,801 Mil) to Dec. 2022 ($54,340 Mil) but then increased from Dec. 2022 ($54,340 Mil) to Dec. 2023 ($61,088 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Freeport-McMoRan's Enterprise Value for Today is $74,561 Mil.


Freeport-McMoRan Market Cap Historical Data

The historical data trend for Freeport-McMoRan's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Freeport-McMoRan Market Cap Chart

Freeport-McMoRan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,037.12 37,937.16 60,800.61 54,340.00 61,087.95

Freeport-McMoRan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54,340.00 58,664.94 57,360.00 53,473.86 61,087.95

Competitive Comparison of Freeport-McMoRan's Market Cap

For the Copper subindustry, Freeport-McMoRan's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Freeport-McMoRan's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Market Cap distribution charts can be found below:

* The bar in red indicates where Freeport-McMoRan's Market Cap falls into.



Freeport-McMoRan Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Freeport-McMoRan's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$42.57*1435
=$61,088

Freeport-McMoRan's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$42.57*1435
=$61,088

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Freeport-McMoRan  (NYSE:FCX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Freeport-McMoRan Market Cap Related Terms

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Freeport-McMoRan (Freeport-McMoRan) Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia; and mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. It derives key revenue from the sale of Copper.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
Ellie L. Mikes officer: Chief Accounting Officer 333 N. CENTRAL AVE., PHOENIX AZ 85004
Currault Douglas N. Ii officer: Senior VP & General Counsel 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Ryan Michael Lance director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Marcela E Donadio director 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
David P Abney director 55 GLENLAKE PARWAY, NE, ATLANTA GA 30328
Robert W. Dudley director 333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Dustan E Mccoy director
Hugh Grant director C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Whitmire C Donald Jr officer: Vice President and Controller
Maree E. Robertson officer: SVP & CFO 333 N. CENTRAL AVE., PHOENIX AZ 85004
Stephen T. Higgins officer: Senior VP & CAO 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Kathleen L Quirk officer: SVP, CFO, Treasurer 1615 POYDRAS STREET, NEW ORLEANS LA 70112
Richard C Adkerson officer: President and CFO
Gerald J Ford director 200 CRESCENT CT STE 1350, DALLAS TX 75201