Freeport Return On Assets from 2010 to 2024

FCX Stock  USD 43.48  0.90  2.03%   
Freeport McMoran Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Freeport McMoran Copper Gold earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0350817
Current Value
0.0609
Quarterly Volatility
0.10985412
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Freeport McMoran Copper Gold over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Freeport McMoran's Return On Assets 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.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Freeport Return On Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.06
Coefficient Of Variation357.68
Mean Deviation0.07
Median0.05
Standard Deviation0.11
Sample Variance0.01
Range0.4813
R-Value(0.12)
Mean Square Error0.01
R-Squared0.02
Significance0.66
Slope(0)
Total Sum of Squares0.17

Freeport Return On Assets History

2024 0.0609
2023 0.0351
2022 0.0679
2021 0.0897
2020 0.0202
2019 -0.004999
2018 0.0529

About Freeport McMoran Financial Statements

Freeport McMoran investors use historical fundamental indicators, such as Freeport McMoran's Return On Assets, 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
Return On Assets 0.04  0.06 

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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.