Freeport-McMoRan (FCX) Revenue & Revenue Breakdown
Freeport-McMoRan Revenue Highlights
Latest Revenue (Y)
$22.86B
Latest Revenue (Q)
$6.62B
Main Segment (Y)
Copper In Concentrates
Main Geography (Y)
UNITED STATES
Freeport-McMoRan Revenue by Period
Freeport-McMoRan Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $22.86B | 0.33% |
| 2022-12-31 | $22.78B | -0.28% |
| 2021-12-31 | $22.84B | 60.90% |
| 2020-12-31 | $14.20B | -1.42% |
| 2019-12-31 | $14.40B | -22.69% |
| 2018-12-31 | $18.63B | 13.56% |
| 2017-12-31 | $16.40B | 10.61% |
| 2016-12-31 | $14.83B | -6.59% |
| 2015-12-31 | $15.88B | -25.94% |
| 2014-12-31 | $21.44B | 2.47% |
| 2013-12-31 | $20.92B | 16.16% |
| 2012-12-31 | $18.01B | -13.75% |
| 2011-12-31 | $20.88B | 10.00% |
| 2010-12-31 | $18.98B | 26.21% |
| 2009-12-31 | $15.04B | -15.49% |
| 2008-12-31 | $17.80B | 5.06% |
| 2007-12-31 | $16.94B | 192.53% |
| 2006-12-31 | $5.79B | 38.56% |
| 2005-12-31 | $4.18B | 76.20% |
| 2004-12-31 | $2.37B | 7.22% |
| 2003-12-31 | $2.21B | 15.79% |
| 2002-12-31 | $1.91B | 3.89% |
| 2001-12-31 | $1.84B | -1.59% |
| 2000-12-31 | $1.87B | -0.99% |
| 1999-12-31 | $1.89B | 7.41% |
| 1998-12-31 | $1.76B | -12.18% |
| 1997-12-31 | $2.00B | 5.03% |
| 1996-12-31 | $1.91B | 3.85% |
| 1995-12-31 | $1.83B | 51.31% |
| 1994-12-31 | $1.21B | 30.93% |
| 1993-12-31 | $925.90M | - |
Freeport-McMoRan generated $22.86B in revenue during NA 2023, up 0.33% compared to the previous quarter, and up 122.69% compared to the same period a year ago.
Freeport-McMoRan Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $6.62B | 6.67% |
| 2024-03-31 | $6.21B | 7.09% |
| 2023-12-31 | $5.80B | -0.43% |
| 2023-09-30 | $5.82B | 1.52% |
| 2023-06-30 | $5.74B | 6.46% |
| 2023-03-31 | $5.39B | -6.41% |
| 2022-12-31 | $5.76B | 15.09% |
| 2022-09-30 | $5.00B | -7.63% |
| 2022-06-30 | $5.42B | -17.98% |
| 2022-03-31 | $6.60B | 7.12% |
| 2021-12-31 | $6.16B | 1.33% |
| 2021-09-30 | $6.08B | 5.83% |
| 2021-06-30 | $5.75B | 18.52% |
| 2021-03-31 | $4.85B | 7.90% |
| 2020-12-31 | $4.50B | 16.72% |
| 2020-09-30 | $3.85B | 26.10% |
| 2020-06-30 | $3.05B | 9.15% |
| 2020-03-31 | $2.80B | -28.46% |
| 2019-12-31 | $3.91B | 18.23% |
| 2019-09-30 | $3.31B | -6.71% |
| 2019-06-30 | $3.55B | -6.49% |
| 2019-03-31 | $3.79B | 2.93% |
| 2018-12-31 | $3.68B | -24.94% |
| 2018-09-30 | $4.91B | -5.03% |
| 2018-06-30 | $5.17B | 6.16% |
| 2018-03-31 | $4.87B | -3.43% |
| 2017-12-31 | $5.04B | 16.96% |
| 2017-09-30 | $4.31B | 16.14% |
| 2017-06-30 | $3.71B | 11.07% |
| 2017-03-31 | $3.34B | -23.67% |
| 2016-12-31 | $4.38B | 12.90% |
| 2016-09-30 | $3.88B | 16.29% |
| 2016-06-30 | $3.33B | 2.84% |
| 2016-03-31 | $3.24B | -14.57% |
| 2015-12-31 | $3.79B | 3.10% |
| 2015-09-30 | $3.68B | -13.35% |
| 2015-06-30 | $4.25B | 2.29% |
| 2015-03-31 | $4.15B | -20.67% |
| 2014-12-31 | $5.24B | -8.09% |
| 2014-09-30 | $5.70B | 3.15% |
| 2014-06-30 | $5.52B | 10.77% |
| 2014-03-31 | $4.99B | -15.29% |
| 2013-12-31 | $5.88B | -4.54% |
| 2013-09-30 | $6.17B | 43.77% |
| 2013-06-30 | $4.29B | -6.44% |
| 2013-03-31 | $4.58B | 1.55% |
| 2012-12-31 | $4.51B | 2.17% |
| 2012-09-30 | $4.42B | -1.30% |
| 2012-06-30 | $4.47B | -2.82% |
| 2012-03-31 | $4.61B | 10.64% |
| 2011-12-31 | $4.16B | -19.88% |
| 2011-09-30 | $5.20B | -10.65% |
| 2011-06-30 | $5.81B | 1.84% |
| 2011-03-31 | $5.71B | 1.89% |
| 2010-12-31 | $5.60B | 8.75% |
| 2010-09-30 | $5.15B | 33.33% |
| 2010-06-30 | $3.86B | -11.44% |
| 2010-03-31 | $4.36B | -5.36% |
| 2009-12-31 | $4.61B | 11.25% |
| 2009-09-30 | $4.14B | 12.49% |
| 2009-06-30 | $3.68B | 41.58% |
| 2009-03-31 | $2.60B | 25.88% |
| 2008-12-31 | $2.07B | -55.22% |
| 2008-09-30 | $4.62B | -15.16% |
| 2008-06-30 | $5.44B | -4.07% |
| 2008-03-31 | $5.67B | 35.56% |
| 2007-12-31 | $4.18B | - |
Freeport-McMoRan generated $6.62B in revenue during Q2 2024, up 6.67% compared to the previous quarter, and up 122.92% compared to the same period a year ago.
Freeport-McMoRan Revenue Breakdown
Freeport-McMoRan Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Purchased Copper | $416.00M | $481.00M | $757.00M | $821.00M | $1.06B |
| Copper In Concentrates | $7.13B | $9.65B | $8.71B | $4.29B | $4.57B |
| Copper Cathode | $6.63B | $5.13B | $5.90B | $4.20B | $3.66B |
| Gold | $3.47B | $3.40B | $2.58B | $1.70B | $1.62B |
| Refined Copper Products | $3.66B | $3.70B | $3.37B | $2.05B | $2.11B |
| Molybdenum | $2.01B | $1.42B | $1.28B | $848.00M | $1.17B |
| Other Products Or Services | $585.00M | $688.00M | $821.00M | $592.00M | $905.00M |
Freeport-McMoRan's latest annual revenue breakdown by segment (product or service), as of Dec 23: Copper In Concentrates (29.83%), Copper Cathode (27.74%), Refined Copper Products (15.31%), Gold (14.53%), Molybdenum (8.40%), Other Products Or Services (2.45%), and Purchased Copper (1.74%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Morenci | $540.00M | $541.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Molybdenum | $145.00M | $157.00M | $479.00M | $491.00M | $592.00M | $357.00M | $304.00M | $377.00M | $378.00M | $379.00M | $372.00M | $288.00M | $244.00M | $222.00M | $189.00M | $194.00M | $243.00M | $259.00M | $295.00M | $327.00M |
| Grasberg Segment | $2.65B | $2.55B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Rod and Refining Segment | $1.49B | $1.33B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Copper Cathode | - | $2.61B | $1.33B | $1.36B | $1.33B | $1.26B | $1.25B | $1.18B | $1.44B | $1.67B | $1.46B | $1.53B | $1.23B | $1.16B | $1.08B | $1.12B | $837.00M | $960.00M | $878.00M | $959.00M |
| Refined Copper Products | - | $862.00M | $992.00M | $884.00M | $921.00M | $757.00M | $755.00M | $1.07B | $1.12B | $804.00M | $1.05B | $833.00M | $684.00M | $573.00M | $634.00M | $303.00M | $542.00M | $550.00M | $537.00M | $516.00M |
| Purchased Copper | - | $69.00M | $71.00M | $72.00M | $204.00M | $139.00M | $168.00M | $104.00M | $70.00M | $105.00M | $124.00M | $310.00M | $218.00M | $253.00M | $167.00M | $166.00M | $235.00M | $188.00M | $210.00M | $325.00M |
| Other Products Or Services | - | $146.00M | $136.00M | $170.00M | $133.00M | $161.00M | $174.00M | $165.00M | $188.00M | $155.00M | $210.00M | $203.00M | $253.00M | $161.00M | $159.00M | $115.00M | $157.00M | $208.00M | $202.00M | $218.00M |
| Gold | - | $1.09B | $854.00M | $999.00M | $531.00M | $819.00M | $858.00M | $909.00M | $811.00M | $724.00M | $741.00M | $597.00M | $518.00M | $594.00M | $497.00M | $341.00M | $270.00M | $509.00M | $415.00M | $305.00M |
| Copper In Concentrates | - | $990.00M | $2.37B | $2.19B | $1.59B | $2.17B | $2.09B | $2.69B | $2.69B | $2.39B | $2.53B | $2.08B | $1.71B | $1.51B | $1.19B | $749.00M | $849.00M | $1.31B | $952.00M | $1.13B |
Freeport-McMoRan's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Grasberg Segment (54.91%), Rod and Refining Segment (30.88%), Morenci (11.20%), and Molybdenum (3.01%).
Freeport-McMoRan Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| CHILE | $428.00M | $383.00M | $343.00M | $221.00M | $242.00M |
| SPAIN | $1.25B | $1.17B | $1.50B | $785.00M | $884.00M |
| SINGAPORE | $1.18B | $1.49B | - | - | - |
| UNITED STATES | $7.26B | $7.34B | $7.17B | $5.25B | $5.11B |
| SWITZERLAND | $3.97B | $2.74B | $3.68B | $2.03B | $2.22B |
| PHILIPPINES | $396.00M | $249.00M | $264.00M | $34.00M | $73.00M |
| Others Individually Immaterial Countries | $1.35B | $1.37B | $1.47B | $1.05B | $1.08B |
| KOREA, REPUBLIC OF | $267.00M | $302.00M | $270.00M | $89.00M | $140.00M |
| JAPAN | $3.43B | $2.46B | $2.37B | $1.21B | $1.18B |
| INDONESIA | $767.00M | $3.03B | $3.13B | $1.76B | $1.89B |
| INDIA | $354.00M | $330.00M | $207.00M | $152.00M | $107.00M |
| GERMANY | $714.00M | $632.00M | $469.00M | $248.00M | $311.00M |
| EGYPT | $229.00M | $268.00M | - | - | - |
| CHINA | $1.08B | $929.00M | $1.04B | $692.00M | $531.00M |
| BELGIUM | - | - | - | $36.00M | $160.00M |
| BERMUDA | - | - | - | - | $38.00M |
| FRANCE | - | - | - | $153.00M | $198.00M |
Freeport-McMoRan's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (32.02%), SWITZERLAND (17.51%), JAPAN (15.13%), Others Individually Immaterial Countries (5.96%), SPAIN (5.51%), SINGAPORE (5.19%), CHINA (4.77%), INDONESIA (3.38%), GERMANY (3.15%), CHILE (1.89%), PHILIPPINES (1.75%), INDIA (1.56%), KOREA, REPUBLIC OF (1.18%), and EGYPT (1.01%).
Quarterly Revenue by Country
| Country | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $1.43B | $1.62B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| South America | $1.03B | $1.02B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Grasberg Segment | - | - | $2.04B | $1.20B | $2.06B | $1.73B | $1.92B | $2.33B | $2.14B | $1.96B | $1.75B | $1.38B | $1.38B | $1.02B | $683.00M | $445.00M | $937.00M | $488.00M | $583.00M | $705.00M |
| Other Individually Immaterial Operating Segments | - | - | $190.00M | $234.00M | $213.00M | $215.00M | $180.00M | $160.00M | $208.00M | $149.00M | $188.00M | $175.00M | $119.00M | $108.00M | $106.00M | $98.00M | $156.00M | $117.00M | $128.00M | $98.00M |
| Morenci | - | - | $26.00M | $32.00M | $50.00M | $18.00M | $17.00M | $90.00M | $5.00M | $16.00M | $57.00M | $4.00M | $3.00M | $4.00M | $20.00M | $2.00M | $54.00M | $61.00M | $16.00M | $12.00M |
Freeport-McMoRan's latest quarterly revenue breakdown by geography, as of Mar 24: North America (57.95%), and South America (42.05%).
FCX Revenue FAQ
What is Freeport-McMoRan’s yearly revenue?
Freeport-McMoRan's yearly revenue for 2023 was $22.86B, representing an increase of 0.33% compared to 2022. The company's yearly revenue for 2022 was $22.78B, representing a decrease of -0.28% compared to 2021. FCX's yearly revenue for 2021 was $22.84B, representing an increase of 60.90% compared to 2020.
What is Freeport-McMoRan’s quarterly revenue?
Freeport-McMoRan's quarterly revenue for Q2 2024 was $6.62B, a 6.67% increase from the previous quarter (Q1 2024), and a 15.46% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $6.21B, a 7.09% increase from the previous quarter (Q4 2023), and a 15.23% increase year-over-year (Q1 2023). FCX's quarterly revenue for Q4 2023 was $5.8B, a -0.43% decrease from the previous quarter (Q3 2023), and a 0.71% increase year-over-year (Q4 2022).
What is Freeport-McMoRan’s revenue growth rate?
Freeport-McMoRan's revenue growth rate for the last 3 years (2021-2023) was 0.04%, and for the last 5 years (2019-2023) was 58.69%.
What are Freeport-McMoRan’s revenue streams?
Freeport-McMoRan's revenue streams in c 23 are Purchased Copper, Copper In Concentrates, Copper Cathode, Gold, Refined Copper Products, Molybdenum, and Other Products Or Services. Purchased Copper generated $416M in revenue, accounting 1.74% of the company's total revenue, down -13.51% year-over-year. Copper In Concentrates generated $7.13B in revenue, accounting 29.83% of the company's total revenue, down -26.15% year-over-year. Copper Cathode generated $6.63B in revenue, accounting 27.74% of the company's total revenue, up 29.12% year-over-year. Gold generated $3.47B in revenue, accounting 14.53% of the company's total revenue, up 2.21% year-over-year. Refined Copper Products generated $3.66B in revenue, accounting 15.31% of the company's total revenue, down -1.08% year-over-year. Molybdenum generated $2.01B in revenue, accounting 8.40% of the company's total revenue, up 41.67% year-over-year. Other Products Or Services generated $585M in revenue, accounting 2.45% of the company's total revenue, down -14.97% year-over-year.
What is Freeport-McMoRan’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Freeport-McMoRan was Copper In Concentrates. This segment made a revenue of $7.13B, representing 29.83% of the company's total revenue.