Freeport-McMoran Copper & Gold Inc (FCX)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 6,762,000 | 7,138,000 | 6,692,000 | 6,053,000 | 6,122,000 | 6,033,000 | 5,503,000 | 5,829,000 | 7,037,000 | 7,812,000 | 9,312,000 | 9,643,000 | 8,366,000 | 7,770,000 | 6,188,000 | 4,442,000 | 2,437,000 | 1,503,000 | 740,000 | 452,000 |
| Revenue (ttm) | US$ in thousands | 25,344,000 | 25,423,000 | 24,457,000 | 23,570,000 | 22,749,000 | 22,708,000 | 21,887,000 | 21,566,000 | 22,780,000 | 23,186,000 | 24,266,000 | 24,598,000 | 22,845,000 | 21,176,000 | 18,944,000 | 16,250,000 | 14,198,000 | 13,614,000 | 13,071,000 | 13,563,000 |
| Operating profit margin | 26.68% | 28.08% | 27.36% | 25.68% | 26.91% | 26.57% | 25.14% | 27.03% | 30.89% | 33.69% | 38.37% | 39.20% | 36.62% | 36.69% | 32.66% | 27.34% | 17.16% | 11.04% | 5.66% | 3.33% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $6,762,000K ÷ $25,344,000K
= 26.68%
Freeport-McMoran Copper & Gold Inc's operating profit margin has displayed fluctuating trends over the past few years, as evidenced by the data provided.
The operating profit margin, which is a measure of a company's operating efficiency and profitability, started at 3.33% in March 2020 and increased gradually to 36.69% by September 2021, indicating an improvement in the company's ability to generate profits from its core operations.
The margin peaked at 39.20% in March 2022, reflecting the company's strong operational performance during that period. However, the margin started to decline thereafter, reaching 26.68% by December 2024.
This decline in the operating profit margin could be attributed to various factors such as changes in commodity prices, production costs, or market conditions impacting the company's profitability. It's essential for stakeholders to monitor the operating profit margin closely to assess Freeport-McMoran's operational efficiency and financial health over time.
Peer comparison
Dec 31, 2024
See also:
Freeport-McMoran Copper & Gold Inc Operating Profit Margin (Quarterly Data)