Freeport-McMoRan Profit Margin 2010-2024 | FCX
Current and historical gross margin, operating margin and net profit margin for Freeport-McMoRan (FCX) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Freeport-McMoRan net profit margin as of September 30, 2024 is 7.81%.
| Freeport-McMoRan Annual Profit Margins |
| Freeport-McMoRan Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Basic Materials |
Mining - Non-Ferrous |
$62.822B |
$22.855B |
|
Freeport-McMoRan Inc., is engaged in mineral exploration and development; mining and milling of copper, gold, molybdenum and silver; as well as the smelting and refining of copper concentrates. The company conducts its operations primarily through its principal operating subsidiaries, PT Freeport Indonesia, Freeport-McMoRan Corporation and Atlantic Copper. PT Freeport Indonesia's principal asset is Papua, Indonesia-based Grasberg mine, which contains the world's largest copper and gold reserves. Freeport conducts its mining operations through four primary divisions - North America copper mines, South America mining, Indonesia mining and Molybdenum. In North America, Freeport operates open-pit copper mines in Arizona and New Mexico. The company also has molybdenum mines in Colorado. All of these operations are wholly owned by Freeport, except Morenci, which is under a joint venture with Freeport holding. In South America, the company has operating copper mines in Peru and in Chile.
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