Current Enterprise Value (EV)
Current share price (P) | $38.42 |
No. shares of common stock outstanding | 1,437,073,006 |
US$ in millions | |
Common equity (market value)1 | 55,212) |
Add: Noncontrolling interests (per books) | 11,197) |
Total equity | 66,409) |
Add: Current portion of debt (per books) | 41) |
Add: Long-term debt, less current portion (per books) | 8,907) |
Total equity and debt | 75,357) |
Less: Cash and cash equivalents | 3,923) |
Less: Restricted cash and cash equivalents | 888) |
Enterprise value (EV) | 70,546) |
Based on: 10-K (reporting date: 2024-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 38.42 × 1,437,073,006
Historical Enterprise Value (EV)
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 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Freeport-McMoRan Inc. Annual Report.
3 2024 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 39.47 × 1,437,073,006
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Freeport-McMoRan Inc. EV decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level. |