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What is FCX's PP&E?

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

PP&E is 
$119.5B (1Y +1.16% )

FCX Stock Price & PP&E

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

Historical (All-Time) Stats for PP&E

chevron_right 2021 $29.8B +3.9x
( +5.8% / year avg)
chevron_left 1994 $6.1B
vertical_align_top Peak $191.3B +30.3x
vertical_align_bottom Bottom $6.1B
arrow_drop_up # Up Years 14 14 of 28
years up.
arrow_drop_down # Down Years 14
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 +0.03x the rate relative to it's pp&e over the same period.
  • If FCX grows it's stock at the same rate as it's pp&e (+5.8%/year) , it's stock price will grow +175% and hit $28.75 over the next 10 years.
  • FCX's stock price has gone up 8 of the 14 years (+57%) it's pp&e were also up.
  • FCX Historical PP&E Table
    in $ million
    Year PP&E YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $29,818 -75.0% $16.36 80.4%
    4/1/2020 $119,330 4.1% $9.07 -5.3%
    4/1/2019 $114,678 25.2% $9.58 -41.7%
    4/1/2018 $91,572 -1.0% $16.42 47.5%
    4/1/2017 $92,533 -21.8% $11.14 3.7%
    4/1/2016 $118,292 -29.4% $10.74 -42.8%
    4/1/2015 $167,448 -12.5% $18.79 -40.3%
    4/1/2014 $191,341 41.2% $31.45 19.2%
    4/1/2013 $135,549 60.4% $26.38 0.4%
    4/1/2012 $84,494 16.6% $26.28 -36.3%
    4/1/2011 $72,449 6.9% $41.24 52.7%
    4/1/2010 $67,776 3.4% $27.0 29.2%
    4/1/2009 $65,527 -37.1% $20.91 -52.1%
    4/1/2008 $104,140 38.6% $43.68 49.2%
    4/1/2007 $75,150 505.9% $29.28 49.9%
    4/1/2006 $12,402 -1.8% $19.54 67.2%
    4/1/2005 $12,632 -3.5% $11.69 9.7%
    4/1/2004 $13,094 -0.1% $10.65 55.7%
    4/1/2003 $13,111 30.1% $6.84 11.7%
    4/1/2002 $10,080 -23.1% $6.12 26.0%
    4/1/2001 $13,101 -0.2% $4.86 70.6%
    4/1/2000 $13,132 -23.0% $2.85 -40.0%
    4/1/1999 $17,064 60.5% $4.75 -18.2%
    4/1/1998 $10,632 -20.7% $5.81 -33.8%
    4/1/1997 $13,415 -8.4% $8.77 -9.7%
    4/1/1996 $14,652 42.1% $9.71 25.6%
    4/1/1995 $10,311 68.8% $7.73 0.0%
    4/1/1994 $6,109 - $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.

  • Property, plant, and equipment (PP&E) are long-term assets vital to business operations and not easily converted into cash. Property, plant, and equipment are tangible assets, meaning they are physical in nature or can be touched. The total value of PP&E can range from very low to extremely high compared to total assets.

    For more detailed definitions, please see Investopedia.