Analysis of Geographic Areas
Freeport-McMoRan Inc. operates in 4 regions: Indonesia; U.S.; Chile; and Other.
Area Asset Turnover
Freeport-McMoRan Inc., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Indonesia | 0.05 | 0.04 | 0.17 | 0.19 | 0.11 |
| U.S. | 0.75 | 0.77 | 0.83 | 0.86 | 0.62 |
| Chile | 0.40 | 0.39 | 0.35 | 0.31 | 0.19 |
| Other | 2.32 | 2.08 | 1.71 | 1.72 | 0.96 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Indonesia | Indonesia area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
| U.S. | U.S. area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Chile | Chile area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Other | Other area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Indonesia
Freeport-McMoRan Inc.; Indonesia; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 1,108) | 767) | 3,026) | 3,132) | 1,760) |
| Long-lived assets | 22,580) | 20,602) | 18,121) | 16,288) | 15,567) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.05 | 0.04 | 0.17 | 0.19 | 0.11 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 1,108 ÷ 22,580 = 0.05
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Indonesia | Indonesia area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Area Asset Turnover: U.S.
Freeport-McMoRan Inc.; U.S.; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 7,806) | 7,264) | 7,339) | 7,168) | 5,248) |
| Long-lived assets | 10,468) | 9,386) | 8,801) | 8,292) | 8,420) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.75 | 0.77 | 0.83 | 0.86 | 0.62 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 7,806 ÷ 10,468 = 0.75
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. | U.S. area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Chile
Freeport-McMoRan Inc.; Chile; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 451) | 428) | 383) | 343) | 221) |
| Long-lived assets | 1,120) | 1,105) | 1,103) | 1,110) | 1,172) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.40 | 0.39 | 0.35 | 0.31 | 0.19 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 451 ÷ 1,120 = 0.40
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Chile | Chile area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other
Freeport-McMoRan Inc.; Other; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 16,090) | 14,396) | 12,032) | 12,202) | 6,969) |
| Long-lived assets | 6,948) | 6,918) | 7,036) | 7,088) | 7,279) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.32 | 2.08 | 1.71 | 1.72 | 0.96 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 16,090 ÷ 6,948 = 2.32
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Long-lived assets
Freeport-McMoRan Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Indonesia | 22,580) | 20,602) | 18,121) | 16,288) | 15,567) |
| U.S. | 10,468) | 9,386) | 8,801) | 8,292) | 8,420) |
| Chile | 1,120) | 1,105) | 1,103) | 1,110) | 1,172) |
| Other | 6,948) | 6,918) | 7,036) | 7,088) | 7,279) |
| Total | 41,116) | 38,011) | 35,061) | 32,778) | 32,438) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Revenues
Freeport-McMoRan Inc., revenues by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Indonesia | 1,108) | 767) | 3,026) | 3,132) | 1,760) |
| U.S. | 7,806) | 7,264) | 7,339) | 7,168) | 5,248) |
| Chile | 451) | 428) | 383) | 343) | 221) |
| Other | 16,090) | 14,396) | 12,032) | 12,202) | 6,969) |
| Total | 25,455) | 22,855) | 22,780) | 22,845) | 14,198) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).