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What is FCX's Accounts Payables?

  Freeport-McMoRan Inc ( FCX ) |
1994 - 2021 (28 years)

Accounts Payables is 
$7.9B (1Y -14.6% )

FCX Stock Price & Accounts Payables

Accounts Payables for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Accounts Payables

chevron_right 2021 $1.5B +0.6x
( +1.6% / year avg)
chevron_left 1994 $944.3M
vertical_align_top Peak $13.4B +16.0x
vertical_align_bottom Bottom $791.3M
arrow_drop_up # Up Years 15 15 of 28
years up.
arrow_drop_down # Down Years 13
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • FCX's stock price has rallied +111% from $7.73 in 1994 , or +0.19x the rate relative to it's accounts payables over the same period.
  • If FCX grows it's stock at the same rate as it's accounts payables (+1.6%/year) , it's stock price will grow +117% and hit $19.17 over the next 10 years.
  • FCX's stock price has gone up 11 of the 15 years (+73%) it's accounts payables were also up.
  • FCX Historical Accounts Payables Table
    in $ million
    Year Accounts Payables YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $1,473 -83.9% $16.36 80.4%
    4/1/2020 $9,123 -6.3% $9.07 -5.3%
    4/1/2019 $9,736 15.8% $9.58 -41.7%
    4/1/2018 $8,405 15.2% $16.42 47.5%
    4/1/2017 $7,298 -28.8% $11.14 3.7%
    4/1/2016 $10,245 -17.2% $10.74 -42.8%
    4/1/2015 $12,371 -7.8% $18.79 -40.3%
    4/1/2014 $13,421 12.5% $31.45 19.2%
    4/1/2013 $11,929 42.2% $26.38 0.4%
    4/1/2012 $8,388 -1.5% $26.28 -36.3%
    4/1/2011 $8,513 13.6% $41.24 52.7%
    4/1/2010 $7,492 8.4% $27.0 29.2%
    4/1/2009 $6,911 -19.5% $20.91 -52.1%
    4/1/2008 $8,581 -0.5% $43.68 49.2%
    4/1/2007 $8,622 293.8% $29.28 49.9%
    4/1/2006 $2,189 44.2% $19.54 67.2%
    4/1/2005 $1,518 22.9% $11.69 9.7%
    4/1/2004 $1,234 19.8% $10.65 55.7%
    4/1/2003 $1,031 30.3% $6.84 11.7%
    4/1/2002 $791 -35.7% $6.12 26.0%
    4/1/2001 $1,231 -14.6% $4.86 70.6%
    4/1/2000 $1,441 -11.2% $2.85 -40.0%
    4/1/1999 $1,622 65.8% $4.75 -18.2%
    4/1/1998 $978 -32.6% $5.81 -33.8%
    4/1/1997 $1,452 -14.3% $8.77 -9.7%
    4/1/1996 $1,694 1.9% $9.71 25.6%
    4/1/1995 $1,662 76.1% $7.73 0.0%
    4/1/1994 $944 - $7.73 -

  • About
    Industry: Copper
    Sector: Basic Materials
    Country: US
    IPO Date: 5/5/1988
    Stonk Exchange: NYSE
    • Freeport-McMoRan, Inc
    • engages in the mining of copper, gold, and molybdenum.
    • The company is headquartered in Phoenix, Arizona and currently employs 26,800 full-time employees.
    • The firm operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer.
    • The firm's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
    • The firm's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.
    • S
    • ) Oil and Gas Operations
    • The firm has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines.
    • The firm's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.

  • Accounts payable (AP) is an account within the general ledger that represents a company's obligation to pay off a short-term debt to its creditors or suppliers. Another common usage of "AP" refers to the business department or division that is responsible for making payments owed by the company to suppliers and other creditors.

    For more detailed definitions, please see Investopedia.