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What is FCX's Capital Expenditure (capex)?

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

Capital Expenditure (capex) is 
-$1.7B (1Y -24.1% )

FCX Stock Price & Capital Expenditure (capex)

Capital Expenditure (capex) for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Capital Expenditure (capex)

chevron_right 2021 -$388.0M -0.3x
( -1.1% / year avg)
chevron_left 1994 -$527.7M
vertical_align_top Peak -$96.3M +0.99x
vertical_align_bottom Bottom -$7.1B
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 -0.39x the rate relative to it's capital expenditure (capex) over the same period.
  • If FCX shrinks it's stock at the same rate as it's capital expenditure (capex) (-1.1%/year) , it's stock price will shrink +89.5% and hit $14.65 over the next 10 years.
  • FCX's stock price has gone up 9 of the 14 years (+64%) it's capital expenditure (capex) were also up.
  • FCX Historical Capital Expenditure (capex) Table

    Year Capital Expenditure (capex) YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 -388,000,000.0 -83.1% $16.36 80.4%
    4/1/2020 -2,298,000,000.0 -4.9% $9.07 -5.3%
    4/1/2019 -2,416,000,000.0 29.1% $9.58 -41.7%
    4/1/2018 -1,872,000,000.0 22.8% $16.42 47.5%
    4/1/2017 -1,524,000,000.0 -57.7% $11.14 3.7%
    4/1/2016 -3,607,000,000.0 -47.4% $10.74 -42.8%
    4/1/2015 -6,855,000,000.0 -3.2% $18.79 -40.3%
    4/1/2014 -7,078,000,000.0 53.9% $31.45 19.2%
    4/1/2013 -4,599,000,000.0 39.2% $26.38 0.4%
    4/1/2012 -3,303,000,000.0 44.6% $26.28 -36.3%
    4/1/2011 -2,284,000,000.0 72.2% $41.24 52.7%
    4/1/2010 -1,326,000,000.0 -30.8% $27.0 29.2%
    4/1/2009 -1,917,000,000.0 -24.7% $20.91 -52.1%
    4/1/2008 -2,546,000,000.0 110.3% $43.68 49.2%
    4/1/2007 -1,210,528,000.0 437.1% $29.28 49.9%
    4/1/2006 -225,391,000.0 75.8% $19.54 67.2%
    4/1/2005 -128,200,000.0 -15.3% $11.69 9.7%
    4/1/2004 -151,339,000.0 57.2% $10.65 55.7%
    4/1/2003 -96,253,000.0 -48.8% $6.84 11.7%
    4/1/2002 -188,004,000.0 12.6% $6.12 26.0%
    4/1/2001 -166,972,000.0 -5.5% $4.86 70.6%
    4/1/2000 -176,676,000.0 -8.0% $2.85 -40.0%
    4/1/1999 -192,100,000.0 -26.3% $4.75 -18.2%
    4/1/1998 -260,800,000.0 -56.1% $5.81 -33.8%
    4/1/1997 -594,500,000.0 0.3% $8.77 -9.7%
    4/1/1996 -592,900,000.0 -15.5% $9.71 25.6%
    4/1/1995 -702,000,000.0 33.0% $7.73 0.0%
    4/1/1994 -527,700,000.0 - $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.

  • Capital expenditures (capex) are funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment. CapEx is often used to undertake new projects or investments by a company. Making capital expenditures on fixed assets can include repairing a roof, purchasing a piece of equipment, or building a new factory. This type of financial outlay is also made by companies to maintain or increase the scope of their operations.

    For more detailed definitions, please see Investopedia.