Freeport Minority Interest from 2010 to 2024

FCX Stock  USD 44.38  0.66  1.51%   
Freeport McMoran Minority Interest yearly trend continues to be fairly stable with very little volatility. Minority Interest is likely to outpace its year average in 2024. During the period from 2010 to 2024, Freeport McMoran Minority Interest regression line of annual values had r-squared of  0.70 and arithmetic mean of (73,144,667). View All Fundamentals
 
Minority Interest  
First Reported
2000-03-31
Previous Quarter
-664 M
Current Value
-710 M
Quarterly Volatility
923.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freeport McMoran financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freeport McMoran's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 313.8 M or Total Revenue of 24 B, as well as many indicators such as Price To Sales Ratio of 4.21, Dividend Yield of 0.0134 or PTB Ratio of 3.47. Freeport financial statements analysis is a perfect complement when working with Freeport McMoran Valuation or Volatility modules.
  
Check out the analysis of Freeport McMoran Correlation against competitors.

Latest Freeport McMoran's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Freeport McMoran Copper Gold over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Freeport McMoran Copper Gold whose combined shares represent less than 50% of the total outstanding shares issued by Freeport McMoran have a minority interest in Freeport McMoran. It is Freeport McMoran's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freeport McMoran's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Freeport Minority Interest Regression Statistics

Arithmetic Mean(73,144,667)
Geometric Mean410,416,625
Coefficient Of Variation(1,288)
Mean Deviation731,769,511
Median227,000,000
Standard Deviation942,189,506
Sample Variance887721.1T
Range3.1B
R-Value(0.84)
Mean Square Error285912.3T
R-Squared0.70
Significance0.000099
Slope(176,384,679)
Total Sum of Squares12428094.9T

Freeport Minority Interest History

2024-1.8 B
2023-1.9 B
2022-1 B
2021-1.1 B
2020266 M
201950 M
2018292 M

About Freeport McMoran Financial Statements

Freeport McMoran investors use historical fundamental indicators, such as Freeport McMoran's Minority Interest, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Freeport McMoran. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest-1.9 B-1.8 B

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Additional Tools for Freeport Stock Analysis

When running Freeport McMoran's price analysis, check to measure Freeport McMoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.