Freeport-McMoRan (FCX) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Freeport-McMoRan Revenue Highlights

Latest Revenue (Y)

$22.86B

Latest Revenue (Q)

$6.79B

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
2024-09-30	$6.79B	2.51%
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 $6.79B in revenue during Q3 2024, up 2.51% compared to the previous quarter, and up 118.35% 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
Copper Cathode	$6.63B	$5.13B	$5.90B	$4.20B	$3.66B
Refined Copper Products	$3.66B	$3.70B	$3.37B	$2.05B	$2.11B
Purchased Copper	$416.00M	$481.00M	$757.00M	$821.00M	$1.06B
Other Products Or Services	$585.00M	$688.00M	$821.00M	$592.00M	$905.00M
Molybdenum	$2.01B	$1.42B	$1.28B	$848.00M	$1.17B
Gold	$3.47B	$3.40B	$2.58B	$1.70B	$1.62B
Copper In Concentrates	$7.13B	$9.65B	$8.71B	$4.29B	$4.57B

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	Sep 24	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
Copper In Concentrates	$1.79B	$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	-
Gold	$1.39B	$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	-
Molybdenum	$454.00M	$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
Purchased Copper	$154.00M	$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	-
Refined Copper Products	$1.01B	$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	-
Copper Cathode	$2.07B	$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	-
Morenci	-	$540.00M	$541.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Grasberg Segment	-	$2.65B	$2.55B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rod and Refining Segment	-	$1.49B	$1.33B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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

Freeport-McMoRan's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Copper Cathode (30.13%), Copper In Concentrates (26.00%), Gold (20.29%), Refined Copper Products (14.73%), Molybdenum (6.61%), and Purchased Copper (2.24%).

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	Sep 24	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
South America	$1.12B	$1.03B	$1.02B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
North America	$1.54B	$1.43B	$1.62B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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
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

Freeport-McMoRan's latest quarterly revenue breakdown by geography, as of Sep 24: North America (57.81%), and South America (42.19%).

Freeport-McMoRan Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FCX	Freeport-McMoRan	$22.86B	$6.79B
SCCO	Southern Copper	$9.90B	$-5.72B
HBM	Hudbay Minerals	$1.72B	$501.84M
ERO	Ero Copper	$427.48M	$105.32M

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 Q3 2024 was $6.79B, a 2.51% increase from the previous quarter (Q2 2024), and a 16.59% increase year-over-year (Q3 2023). The company'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). FCX'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).

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 Copper Cathode, Refined Copper Products, Purchased Copper, Other Products Or Services, Molybdenum, Gold, and Copper In Concentrates. Copper Cathode generated $6.63B in revenue, accounting 27.74% of the company's total revenue, up 29.12% 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. Purchased Copper generated $416M in revenue, accounting 1.74% of the company's total revenue, down -13.51% 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. Molybdenum generated $2.01B in revenue, accounting 8.40% of the company's total revenue, up 41.67% year-over-year. Gold generated $3.47B in revenue, accounting 14.53% of the company's total revenue, up 2.21% 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.

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.