Name: Freeport-McMoRan Inc. (NYSE:FCX) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Freeport-McMoRan Inc., income statement, revenues

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Concentrate	7,127)	9,650)	8,705)	4,294)	4,566)
Cathode	6,629)	5,134)	5,900)	4,204)	3,656)
Rod and other refined copper products	3,659)	3,699)	3,369)	2,052)	2,110)
Purchased copper	416)	481)	757)	821)	1,060)
Copper	17,831)	18,964)	18,731)	11,371)	11,392)
Gold	3,472)	3,397)	2,580)	1,702)	1,620)
Molybdenum	2,006)	1,416)	1,283)	848)	1,169)
Other	585)	688)	821)	592)	905)
Treatment charges	(538)	(503)	(445)	(362)	(404)
Royalty expense	(346)	(366)	(330)	(165)	(113)
PT-FI export duties	(307)	(325)	(218)	(92)	(221)
Adjustments to revenues	(1,191)	(1,194)	(993)	(619)	(738)
Revenues from contracts with customers	22,703)	23,271)	22,422)	13,894)	14,348)
Embedded derivatives	152)	(491)	423)	304)	54)
Consolidated revenues	22,855)	22,780)	22,845)	14,198)	14,402)

Download chart

Item	Description	The company
Revenues from contracts with customers	Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).	Freeport-McMoRan Inc. revenues from contracts with customers increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.