Hi! 👋 We have a new venture. Please check out Satire Labs, our Medium post, and consider buying our first NFT, "Dumb" SolPunks 😉.
The funniest way to turn your $100 to $1 million. ⛴️ 🚢.
Note: This is a joke. Kinda. We really do think you'll make money 😎🙂

What is FCX's Pretax Income (Earnings) Margin?

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

Pretax Income (Earnings) Margin is 
0.87 (1Y +343% )

FCX Stock Price & Pretax Income (Earnings) Margin

Pretax Income (Earnings) Margin for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Pretax Income (Earnings) Margin

chevron_right 2021 0.33 -0.4x
( -1.7% / year avg)
chevron_left 1994 0.53
vertical_align_top Peak 2.04 +1.26x *
vertical_align_bottom Bottom -7.9
arrow_drop_up # Up Years 13 13 of 28
years up.
arrow_drop_down # Down Years 15
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 -0.29x the rate relative to it's pretax income (earnings) margin over the same period.
  • If FCX shrinks it's stock at the same rate as it's pretax income (earnings) margin (-1.7%/year) , it's stock price will shrink +84.2% and hit $13.78 over the next 10 years.
  • FCX's stock price has gone up 9 of the 13 years (+69%) it's pretax income (earnings) margin were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
  • FCX Historical Pretax Income (Earnings) Margin Table

    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Pretax Income (Earnings) Margin YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 0.33 144.5% $16.36 80.4%
    4/1/2020 0.13 -380.6% $9.07 -5.3%
    4/1/2019 -0.05 -104.4% $9.58 -41.7%
    4/1/2018 1.08 376.0% $16.42 47.5%
    4/1/2017 0.23 -106.3% $11.14 3.7%
    4/1/2016 -3.61 15.7% $10.74 -42.8%
    4/1/2015 -3.12 -484.8% $18.79 -40.3%
    4/1/2014 0.81 -16.3% $31.45 19.2%
    4/1/2013 0.97 -21.0% $26.38 0.4%
    4/1/2012 1.23 -35.0% $26.28 -36.3%
    4/1/2011 1.89 13.3% $41.24 52.7%
    4/1/2010 1.66 -121.1% $27.0 29.2%
    4/1/2009 -7.9 -747.8% $20.91 -52.1%
    4/1/2008 1.22 -29.4% $43.68 49.2%
    4/1/2007 1.73 -15.1% $29.28 49.9%
    4/1/2006 2.04 15.9% $19.54 67.2%
    4/1/2005 1.76 183.5% $11.69 9.7%
    4/1/2004 0.62 -30.7% $10.65 55.7%
    4/1/2003 0.89 12.8% $6.84 11.7%
    4/1/2002 0.79 2.4% $6.12 26.0%
    4/1/2001 0.77 63.1% $4.86 70.6%
    4/1/2000 0.47 -48.3% $2.85 -40.0%
    4/1/1999 0.92 78.8% $4.75 -18.2%
    4/1/1998 0.51 -45.0% $5.81 -33.8%
    4/1/1997 0.94 -22.9% $8.77 -9.7%
    4/1/1996 1.21 11.0% $9.71 25.6%
    4/1/1995 1.09 105.6% $7.73 0.0%
    4/1/1994 0.53 - $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.

  • Pretax Earnings Margin (also known as income before tax ratio) is a financial accounting tool used to measure the operating efficiency of a company. It is a ratio that tells us the percentage of sales that has turned into profits or, in other words, how many cents of profit the business has generated for each dollar of sale before deducting taxes. The pretax profit margin is widely used to compare the profitability of businesses within the same industry.

    For more detailed definitions, please see Investopedia.