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What is FCX's Depreciation & Amortization (D&A)?

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

Depreciation & Amortization (D&A) is 
$2.1M (1Y +161% )

FCX Stock Price & Depreciation & Amortization (D&A)

Depreciation & Amortization (D&A) for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Depreciation & Amortization (D&A)

chevron_right 2021 $435.0K -1.0x
( -15.8% / year avg)
chevron_left 1994 $53.8M
vertical_align_top Peak $1.7B -
vertical_align_bottom Bottom 0.0
arrow_drop_up # Up Years 9 9 of 28
years up.
arrow_drop_down # Down Years 12
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 -0.12x the rate relative to it's depreciation & amortization (d&a) over the same period.
  • If FCX shrinks it's stock at the same rate as it's depreciation & amortization (d&a) (-15.8%/year) , it's stock price will shrink +17.9% and hit $2.93 over the next 10 years.
  • FCX's stock price has gone up 5 of the 9 years (+55%) it's depreciation & amortization (d&a) were also up.
  • FCX Historical Depreciation & Amortization (D&A) Table
    in $ million
    Year Depreciation & Amortization (D&A) YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $0 -60.2% $16.36 80.4%
    4/1/2020 $1 - $9.07 -5.3%
    4/1/2019 $0 - $9.58 -41.7%
    4/1/2018 $0 - $16.42 47.5%
    4/1/2017 $0 - $11.14 3.7%
    4/1/2016 $0 - $10.74 -42.8%
    4/1/2015 $0 - $18.79 -40.3%
    4/1/2014 $0 - $31.45 19.2%
    4/1/2013 $0 - $26.38 0.4%
    4/1/2012 $0 -100.0% $26.28 -36.3%
    4/1/2011 $330 -70.3% $41.24 52.7%
    4/1/2010 $1,110 -19.0% $27.0 29.2%
    4/1/2009 $1,370 -20.4% $20.91 -52.1%
    4/1/2008 $1,722 81.4% $43.68 49.2%
    4/1/2007 $949 316.6% $29.28 49.9%
    4/1/2006 $227 -13.5% $19.54 67.2%
    4/1/2005 $263 60.7% $11.69 9.7%
    4/1/2004 $163 -23.2% $10.65 55.7%
    4/1/2003 $213 -21.7% $6.84 11.7%
    4/1/2002 $272 -4.0% $6.12 26.0%
    4/1/2001 $283 0.1% $4.86 70.6%
    4/1/2000 $283 -24.0% $2.85 -40.0%
    4/1/1999 $373 89.1% $4.75 -18.2%
    4/1/1998 $197 -7.7% $5.81 -33.8%
    4/1/1997 $213 -0.1% $8.77 -9.7%
    4/1/1996 $214 103.3% $9.71 25.6%
    4/1/1995 $105 95.7% $7.73 0.0%
    4/1/1994 $53 - $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.

  • Amortization - the practice of spreading an intangible asset's cost over that asset's useful life. Intangible assets are not physical assets, per se.

    Examples: Patents and trademarks, Franchise agreements, Copyrights, Cost of issuing bonds to raise capital

    Depreciation - The practice of expensing of a fixed asset over its useful life. Fixed assets are tangible assets, meaning they are physical assets that can be touched.

    Examples: Buildings, Equipment, Office furniture, Vehicles, Land, Machinery

    For more detailed definitions, please see Investopedia.