Freeport-McMoRan Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $16.40B | $14.83B | $14.61B | $20.00B | $20.92B | $18.01B | $20.88B |
| Cost of Revenue | $11.98B | $17.53B | $27.42B | $18.49B | $14.64B | $11.56B | $10.92B |
| Gross Profit | $4.42B | $-2.70B | $-12.81B | $1.51B | $6.28B | $6.45B | $9.96B |
| Gross Margin | 27.0% | -18.2% | -87.7% | 7.5% | 30.0% | 35.8% | 47.7% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $477.0M | $597.0M | $558.0M | $580.0M | $657.0M | $431.0M | $415.0M |
| Operating Income | $3.69B | $-2.73B | $-13.51B | $-298.0M | $5.35B | $5.81B | $9.14B |
| Operating Margin | 22.5% | -18.4% | -92.5% | -1.5% | 25.6% | 32.3% | 43.8% |
| Interest Expense | — | — | — | — | — | — | $312.0M |
| Pretax Income | $2.90B | $-3.47B | $-14.13B | $-800.0M | $4.91B | $5.49B | $8.82B |
| Income Tax Expense | $883.0M | $371.0M | $-1.95B | $225.0M | $1.48B | $1.51B | $3.09B |
| Net Income | $2.10B | $-4.03B | $-12.09B | $-745.0M | $3.44B | $3.98B | $5.75B |
| Net Margin | 12.8% | -27.1% | -82.8% | -3.7% | 16.4% | 22.1% | 27.5% |
| EPS (Basic) | $1.25 | $-3.16 | $-11.31 | $-1.26 | $2.65 | $3.20 | $4.81 |
| EPS (Diluted) | $1.25 | $-3.16 | $-11.31 | $-1.26 | $2.64 | $3.19 | $4.78 |
| Shares Outstanding (Basic) | 1.45B | 1.32B | 1.08B | 1.04B | 1.00B | 949.0M | 947.0M |
| Shares Outstanding (Diluted) | 1.45B | 1.32B | 1.08B | 1.04B | 1.01B | 954.0M | 955.0M |
| Dividends Per Share | $0.00 | $0.00 | $0.26 | $1.25 | $2.25 | $1.25 | $1.50 |