Freeport-McMoRan
FCX
Operating Margin for Freeport-McMoRan (FCX)
Operating Margin as of December 2023 (TTM): 23.79%
According to Freeport-McMoRan's latest financial reports and stock price the company's current Operating Margin is 23.79%. At the end of 2022 the company had an Operating Margin of 31.94%.
Operating Margin history for Freeport-McMoRan from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 31.94% | -11.68% |
| 2021 | 36.16% | 114.37% |
| 2020 | 16.87% | 162.36% |
| 2019 | 6.43% | -75.24% |
| 2018 | 25.97% | 15.02% |
| 2017 | 22.58% | -223.22% |
| 2016 | -18.32% | -78.25% |
| 2015 | -84.25% | -8867.48% |
| 2014 | 0.96% | -96.3% |
| 2013 | 25.96% | -17.59% |
| 2012 | 31.50% | -27.96% |
| 2011 | 43.73% | -7.51% |
| 2010 | 47.28% | 11.06% |
| 2009 | 42.57% | -159.6% |
| 2008 | -71.42% | -279.81% |
| 2007 | 39.72% | -20.71% |
| 2006 | 50.10% | -3.85% |
| 2005 | 52.10% | 75.63% |
| 2004 | 29.66% | -23.51% |
| 2003 | 38.78% | 15.74% |
| 2002 | 33.51% | 13.49% |
| 2001 | 29.53% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 51.66% | 117.15% | 🇦🇺 Australia |
 Newmont NEM | -2.21% | -109.29% | 🇺🇸 USA |
 Rio Tinto RIO | 36.92% | 55.19% | 🇬🇧 UK |
 Vale VALE | 45.12% | 89.66% | 🇧🇷 Brazil |
 Southern Copper SCCO | 42.34% | 77.97% | 🇺🇸 USA |
 Grupo México
GMBXF | 43.00% | 80.75% | 🇲🇽 Mexico |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.