Switch to:
GuruFocus has detected 3 Warning Signs with Freeport-McMoRan Inc $FCX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Freeport-McMoRan Inc (NYSE:FCX)
Net Margin %
6.82% (As of Mar. 2017)

Net margin is calculated as net income divided by its revenue. Freeport-McMoRan Inc's net income for the three months ended in Mar. 2017 was $228 Mil. Freeport-McMoRan Inc's revenue for the three months ended in Mar. 2017 was $3,341 Mil. Therefore, Freeport-McMoRan Inc's net margin for the quarter that ended in Mar. 2017 was 6.82%.

FCX' s Net Margin % Range Over the Past 10 Years
Min: -83.49   Max: 22.84
Current: 0.65

-83.49
22.84
FCX's Net Margin % is ranked lower than
55% of the 753 Companies
in the Global Copper industry.

( Industry Median: 1.82 vs. FCX: 0.65 )

Definition

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2016 )/Revenue (A: Dec. 2016 )
=-4315/14830
=-29.10 %

Freeport-McMoRan Inc's Net Margin for the quarter that ended in Mar. 2017 is calculated as

Net Margin=Net Income (Q: Mar. 2017 )/Revenue (Q: Mar. 2017 )
=228/3341
=6.82 %

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


Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company’s profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Related Terms

Net Income, Revenue, Cost of Goods Sold, Selling, General, & Admin. Expense, Research & Development, Depreciation, Depletion and Amortization, Interest Expense, Non-Recurring Items, Tax Expense


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
netmargin 17.57-62.1918.2822.8421.8416.8912.81-6.34-83.49-29.10

Freeport-McMoRan Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
netmargin -74.83-59.33-47.00-113.25-114.90-129.06-14.375.602.996.82
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK