AI brief of an SEC Form 8-K · Freeport-McMoRan (FCX)

Freeport Q4 2024 net income falls to $274 million, $0.19 a share, from $388 million

Mixed Impact 3 of 5 earnings Written later

Freeport-McMoRan reported fourth-quarter 2024 net income attributable to common stock of $274 million, or $0.19 per share, down from $388 million, or $0.27 per share, a year earlier. Quarterly revenue fell to $5,720 million from $5,905 million, while full-year 2024 revenue rose to $25,455 million from $22,855 million and full-year diluted EPS was $1.30 versus $1.28.

Key points

  • Q4 2024 net income attributable to common stock was $274 million, $0.19 per share, versus $388 million, $0.27 per share in Q4 2023; adjusted net income was $450 million, $0.31 per share, after $176 million in net charges.
  • Q4 2024 revenues were $5,720 million and operating income was $1,243 million, compared with $5,905 million and $1,722 million in Q4 2023.
  • Full-year 2024 revenues were $25,455 million and net income attributable to common stock was $1,889 million, compared with $22,855 million and $1,848 million in 2023.
  • For 2025, operating cash flows are expected to approximate $6.2 billion, against $7.2 billion for 2024, based on stated price assumptions.

The filing

CompanyFreeport-McMoRan (FCX)
Form8-K, current report
Filed with the SECJan 23, 2025, 8:08 AM ET
Accession number0000831259-25-000002

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.