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Freeport-McMoRan (MIL:1FCX) Pre-Tax Income : €6,779 Mil (TTM As of Sep. 2024)


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What is Freeport-McMoRan Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Freeport-McMoRan's pretax income for the three months ended in Sep. 2024 was €1,769 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was €6,779 Mil. Freeport-McMoRan's pretax margin was 28.91%.

During the past 13 years, Freeport-McMoRan's highest Pretax Margin was 33.53%. The lowest was -96.72%. And the median was 15.18%.


Freeport-McMoRan Pre-Tax Income Historical Data

The historical data trend for Freeport-McMoRan's Pre-Tax Income 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 Pre-Tax Income Chart

Freeport-McMoRan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 275.40 1,477.13 6,778.22 6,338.96 5,507.50

Freeport-McMoRan Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income 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 1,379.26 1,584.58 1,540.08 1,885.87 1,768.66

Competitive Comparison of Freeport-McMoRan's Pre-Tax Income

For the Copper subindustry, Freeport-McMoRan's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Freeport-McMoRan's Pre-Tax Income falls into.



Freeport-McMoRan Pre-Tax Income Calculation

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

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=5708.325+271.432+-472.255+0+9.0949470177293E-13
=5,508

Freeport-McMoRan's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1746.138+87.397+-64.872+0+2.2737367544323E-13
=1,769

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,779 Mil.

* 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  (MIL:1FCX) Pre-Tax Income Explanation

Freeport-McMoRan's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=1768.663/6117.79
=28.91%

During the past 13 years, Freeport-McMoRan's highest Pretax Margin was 33.53%. The lowest was -96.72%. And the median was 15.18%.

* 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 Pre-Tax Income Related Terms

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Freeport-McMoRan Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.

Freeport-McMoRan Headlines

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