Freeport-McMoRan
FCX
#271
Rank
$69.66 B
Marketcap
$48.50
Share price
-3.14%
Change (1 day)
19.87%
Change (1 year)

Operating Margin for Freeport-McMoRan (FCX)

Operating Margin as of July 2024 (TTM): 23.79%

According to Freeport-McMoRan's latest financial reports and stock price the company's current Operating Margin is 23.79%. At the end of 2022 the company had an Operating Margin of 31.94%.

Operating Margin history for Freeport-McMoRan from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202231.94%-11.68%
202136.16%114.37%
202016.87%162.36%
20196.43%-75.24%
201825.97%15.02%
201722.58%-223.22%
2016-18.32%-78.25%
2015-84.25%-8867.48%
20140.96%-96.3%
201325.96%-17.59%
201231.50%-27.96%
201143.73%-7.51%
201047.28%11.06%
200942.57%-159.6%
2008-71.42%-279.81%
200739.72%-20.71%
200650.10%-3.85%
200552.10%75.63%
200429.66%-23.51%
200338.78%15.74%
200233.51%13.49%
200129.53%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
42.34% 77.97%๐Ÿ‡บ๐Ÿ‡ธ USA
51.66% 117.15%๐Ÿ‡ฆ๐Ÿ‡บ Australia
36.92% 55.19%๐Ÿ‡ฌ๐Ÿ‡ง UK
43.00% 80.75%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
-2.21%-109.29%๐Ÿ‡บ๐Ÿ‡ธ USA
45.12% 89.66%๐Ÿ‡ง๐Ÿ‡ท Brazil

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.