Freeport-McMoran Copper & Gold Inc (FCX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 29.37% | 30.83% | 30.67% | 29.45% | 30.87% | 30.56% | 28.81% | 30.38% | 33.76% | 36.22% | 40.49% | 41.20% | 38.59% | 36.85% | 33.01% | 27.67% | 17.91% | 11.94% | 7.05% | 4.96% |
| 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% |
| Pretax margin | 27.25% | 29.09% | 28.23% | 26.06% | 26.40% | 25.60% | 23.80% | 25.69% | 29.48% | 30.85% | 35.63% | 36.48% | 33.53% | 33.79% | 29.13% | 23.43% | 12.66% | 5.10% | -0.18% | -2.46% |
| Net profit margin | 7.45% | 7.88% | 7.90% | 8.67% | 11.47% | 14.10% | 15.07% | 15.81% | 17.11% | 17.36% | 20.08% | 20.79% | 18.85% | 18.45% | 14.98% | 11.13% | 4.22% | -0.73% | -4.28% | -5.05% |
Freeport-McMoran Copper & Gold Inc's profitability ratios have shown a mixed trend over the analyzed periods:
1. Gross Profit Margin: The company's gross profit margin has generally been increasing, reaching a peak of 41.20% as of March 31, 2022. However, there was a slight decrease in the margin to 29.37% by December 31, 2024.
2. Operating Profit Margin: Freeport-McMoran Copper & Gold Inc's operating profit margin showed a similar increasing trend but fluctuated more compared to the gross profit margin. The margin reached its highest point of 39.20% as of March 31, 2022 before declining to 26.68% by December 31, 2024.
3. Pretax Margin: The pretax margin also exhibited an increasing trend with fluctuations. It peaked at 36.48% on March 31, 2022, but then declined to 27.25% by December 31, 2024.
4. Net Profit Margin: The net profit margin has generally been on an upward trajectory but with more variability compared to the other profitability ratios. The margin reached its highest point of 20.79% on March 31, 2022, and then decreased to 7.45% by December 31, 2024.
Overall, Freeport-McMoran Copper & Gold Inc has experienced improvements in its profitability ratios over the analyzed periods, showing positive trends in gross, operating, and net profit margins. However, fluctuations and declines in certain periods indicate the need for continued monitoring and possible strategic adjustments to maintain profitability levels.
Return on investment
| 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 return on assets (Operating ROA) | 12.33% | 12.88% | 12.25% | 11.17% | 11.66% | 11.68% | 10.81% | 11.45% | 13.77% | 15.65% | 18.58% | 19.75% | 17.42% | 16.56% | 13.62% | 10.18% | 5.78% | 3.66% | 1.84% | 1.12% |
| Return on assets (ROA) | 3.44% | 3.62% | 3.53% | 3.77% | 4.97% | 6.20% | 6.48% | 6.70% | 7.63% | 8.06% | 9.72% | 10.47% | 8.97% | 8.33% | 6.25% | 4.14% | 1.42% | -0.24% | -1.39% | -1.70% |
| Return on total capital | 41.11% | 42.94% | 40.58% | 37.44% | 37.10% | 37.09% | 33.96% | 36.30% | 45.24% | 51.05% | 61.19% | 63.55% | 58.52% | 54.47% | 47.79% | 36.70% | 19.88% | 10.75% | 2.70% | -0.60% |
| Return on equity (ROE) | 10.74% | 11.41% | 11.10% | 12.04% | 15.64% | 19.45% | 20.36% | 21.24% | 25.06% | 26.92% | 32.72% | 34.41% | 30.80% | 29.27% | 23.63% | 16.56% | 5.89% | -1.09% | -6.25% | -7.74% |
Based on the provided data, Freeport-McMoran Copper & Gold Inc has shown improvements in its profitability ratios over the years.
- The Operating Return on Assets (Operating ROA) has been steadily increasing from 1.12% as of March 31, 2020, to a peak of 19.75% as of March 31, 2022. However, it slightly declined to 12.33% by December 31, 2024. This indicates that the company has been able to generate more operating profit relative to its total assets.
- The Return on Assets (ROA) also displays a positive trend, starting from negative figures in March 2020 and gradually increasing to a peak of 10.47% as of March 31, 2022. It then declined to 3.44% by December 31, 2024. This ratio signifies the company's ability to generate profit from its assets, although it shows more fluctuations compared to the Operating ROA.
- The Return on Total Capital has shown a significant improvement, increasing from -0.60% as of March 31, 2020, to a peak of 63.55% as of March 31, 2022. However, it decreased to 41.11% by December 31, 2024. This ratio demonstrates the company's ability to generate profit from both debt and equity capital employed.
- The Return on Equity (ROE) has also exhibited a positive trajectory, rising from negative figures in early 2020 to a peak of 34.41% as of March 31, 2022. By December 31, 2024, the ROE decreased to 10.74%. This ratio highlights the company's ability to generate profit for its shareholders relative to the equity invested.
Overall, the profitability ratios of Freeport-McMoran Copper & Gold Inc demonstrate a positive trend, indicating improved efficiency and profitability over the years, with some fluctuations in certain periods.
See also:
Freeport-McMoran Copper & Gold Inc Profitability Ratios (Quarterly Data)