Freeport Historical Income Statement

0R2O Stock

38.98 1.05 2.77%

Historical analysis of Freeport McMoRan income statement accounts such as Total Revenue of 24 B, Gross Profit of 7.4 B or Other Operating Expenses of 8.5 B can show how well Freeport McMoRan performed in making a profits. Evaluating Freeport McMoRan income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Freeport McMoRan's future profits or losses.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Freeport McMoRan latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Freeport McMoRan is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freeport McMoRan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Freeport Income Statement Analysis

Freeport McMoRan Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Freeport McMoRan shareholders. The income statement also shows Freeport investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Freeport McMoRan Income Statement Chart

At this time, Freeport McMoRan's Net Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 2.4 B in 2024, whereas Other Operating Expenses is likely to drop slightly above 8.5 B in 2024.

Total Revenue Other Operating Expenses Cost Of Revenue Total Operating Expenses

Total Revenue

Total revenue comprises all receipts Freeport McMoRan generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Freeport McMoRan. It is also known as Freeport McMoRan overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Freeport McMoRan income statement and represents the costs associated with goods and services Freeport McMoRan provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Freeport McMoRan's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Freeport McMoRan current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freeport McMoRan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Revenue	22.8B	22.8B	22.9B	24.0B
Depreciation And Amortization	2.0B	2.0B	2.1B	1.1B

Total Revenue Depreciation And Amortization

Freeport McMoRan income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Interest Expense	Selling And Marketing Expenses	Research Development	Tax Provision	Interest Income	Extraordinary Items	Discontinued Operations	Minority Interest
Depreciation And Amortization		0.43	-0.41	0.9	-0.46	-0.46	-0.31	0.83	0.55	-0.47	-0.2	-0.52	-0.39	0.62	0.51	0.57	0.1	-0.16	0.1	-0.18	0.2	-0.17
Total Revenue	0.43		0.49	0.43	0.45	0.45	0.57	0.54	0.79	0.44	-0.2	0.31	0.58	0.5	0.26	0.61	-0.5	0.32	-0.27	0.16	-0.33	0.35
Gross Profit	-0.41	0.49		-0.51	1.0	1.0	0.99	-0.47	0.14	1.0	0.01	0.98	0.96	-0.14	-0.22	0.09	-0.25	0.4	-0.23	0.28	-0.35	0.37
Other Operating Expenses	0.9	0.43	-0.51		-0.55	-0.55	-0.43	0.93	0.54	-0.56	-0.28	-0.63	-0.42	0.66	0.49	0.69	0.09	-0.12	0.05	-0.14	0.11	-0.08
Operating Income	-0.46	0.45	1.0	-0.55		1.0	0.99	-0.51	0.09	1.0	0.04	0.98	0.96	-0.18	-0.22	0.07	-0.24	0.41	-0.23	0.29	-0.37	0.38
Ebit	-0.46	0.45	1.0	-0.55	1.0		0.99	-0.51	0.1	1.0	0.05	0.98	0.96	-0.18	-0.23	0.07	-0.25	0.41	-0.25	0.29	-0.38	0.39
Ebitda	-0.31	0.57	0.99	-0.43	0.99	0.99		-0.38	0.22	0.98	0.02	0.95	0.96	-0.09	-0.15	0.15	-0.3	0.41	-0.27	0.28	-0.38	0.39
Cost Of Revenue	0.83	0.54	-0.47	0.93	-0.51	-0.51	-0.38		0.67	-0.52	-0.22	-0.63	-0.34	0.64	0.48	0.53	-0.26	-0.06	-0.05	-0.11	0.01	0.0
Total Operating Expenses	0.55	0.79	0.14	0.54	0.09	0.1	0.22	0.67		0.08	-0.13	-0.03	0.21	0.7	0.35	0.58	-0.56	0.2	-0.12	0.17	-0.03	0.06
Income Before Tax	-0.47	0.44	1.0	-0.56	1.0	1.0	0.98	-0.52	0.08		0.05	0.98	0.96	-0.19	-0.26	0.05	-0.24	0.39	-0.25	0.27	-0.37	0.38
Total Other Income Expense Net	-0.2	-0.2	0.01	-0.28	0.04	0.05	0.02	-0.22	-0.13	0.05		-0.01	0.13	-0.04	-0.41	-0.34	-0.13	-0.36	-0.14	-0.47	0.34	-0.27
Net Income	-0.52	0.31	0.98	-0.63	0.98	0.98	0.95	-0.63	-0.03	0.98	-0.01		0.89	-0.26	-0.24	0.01	-0.11	0.38	-0.17	0.31	-0.34	0.34
Income Tax Expense	-0.39	0.58	0.96	-0.42	0.96	0.96	0.96	-0.34	0.21	0.96	0.13	0.89		-0.08	-0.21	0.14	-0.37	0.38	-0.33	0.22	-0.4	0.42
Selling General Administrative	0.62	0.5	-0.14	0.66	-0.18	-0.18	-0.09	0.64	0.7	-0.19	-0.04	-0.26	-0.08		0.2	0.59	-0.05	-0.37	0.33	-0.29	0.45	-0.47
Interest Expense	0.51	0.26	-0.22	0.49	-0.22	-0.23	-0.15	0.48	0.35	-0.26	-0.41	-0.24	-0.21	0.2		0.44	-0.02	0.5	0.25	0.55	-0.35	0.26
Selling And Marketing Expenses	0.57	0.61	0.09	0.69	0.07	0.07	0.15	0.53	0.58	0.05	-0.34	0.01	0.14	0.59	0.44		0.17	0.2	-0.07	0.17	-0.14	0.21
Research Development	0.1	-0.5	-0.25	0.09	-0.24	-0.25	-0.3	-0.26	-0.56	-0.24	-0.13	-0.11	-0.37	-0.05	-0.02	0.17		-0.32	0.4	-0.19	0.37	-0.35
Tax Provision	-0.16	0.32	0.4	-0.12	0.41	0.41	0.41	-0.06	0.2	0.39	-0.36	0.38	0.38	-0.37	0.5	0.2	-0.32		-0.21	0.9	-0.67	0.67
Interest Income	0.1	-0.27	-0.23	0.05	-0.23	-0.25	-0.27	-0.05	-0.12	-0.25	-0.14	-0.17	-0.33	0.33	0.25	-0.07	0.4	-0.21		-0.07	0.45	-0.61
Extraordinary Items	-0.18	0.16	0.28	-0.14	0.29	0.29	0.28	-0.11	0.17	0.27	-0.47	0.31	0.22	-0.29	0.55	0.17	-0.19	0.9	-0.07		-0.48	0.46
Discontinued Operations	0.2	-0.33	-0.35	0.11	-0.37	-0.38	-0.38	0.01	-0.03	-0.37	0.34	-0.34	-0.4	0.45	-0.35	-0.14	0.37	-0.67	0.45	-0.48		-0.97
Minority Interest	-0.17	0.35	0.37	-0.08	0.38	0.39	0.39	0.0	0.06	0.38	-0.27	0.34	0.42	-0.47	0.26	0.21	-0.35	0.67	-0.61	0.46	-0.97

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Freeport McMoRan Account Relationship Matchups

Freeport McMoRan income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.4B	1.5B	2.0B	2.0B	2.1B	1.1B
Total Revenue	14.4B	14.2B	22.8B	22.8B	22.9B	24.0B
Gross Profit	1.3B	2.5B	8.8B	7.7B	7.0B	7.4B
Other Operating Expenses	13.7B	12.2B	14.6B	15.7B	16.6B	8.5B
Operating Income	536M	2.4B	8.4B	7.0B	6.2B	6.5B
Ebit	838M	2.4B	8.3B	7.3B	6.5B	6.8B
Ebitda	2.3B	3.9B	10.3B	9.3B	8.6B	9.0B
Cost Of Revenue	13.1B	11.7B	14.0B	15.1B	15.8B	16.6B
Total Operating Expenses	623M	579M	529M	656M	935M	969.6M
Income Before Tax	306M	1.8B	7.7B	6.7B	6.0B	6.3B
Total Other Income Expense Net	(862M)	(785M)	(640M)	(707M)	(219M)	(230.0M)
Net Income	(204M)	853M	4.3B	3.5B	1.8B	1.9B
Income Tax Expense	510M	944M	2.3B	2.3B	2.3B	2.4B
Selling General Administrative	477M	443M	414M	354M	407.1M	427.5M
Interest Expense	620M	598M	602M	560M	515M	504.8M
Tax Provision	1.3B	1.1B	510M	944M	1.1B	927.3M
Interest Income	801M	945M	620M	598M	538.2M	595.0M
Net Income Applicable To Common Shares	(242M)	596M	4.3B	3.5B	4.0B	4.2B

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Additional Tools for Freeport Stock Analysis

When running Freeport McMoRan's price analysis, check to measure Freeport McMoRan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoRan is operating at the current time. Most of Freeport McMoRan's value examination focuses on studying past and present price action to predict the probability of Freeport McMoRan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoRan's price. Additionally, you may evaluate how the addition of Freeport McMoRan to your portfolios can decrease your overall portfolio volatility.

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