Freeport-Mcmoran (FCX) Asset Writedowns and Impairment (2009 - 2020)
Freeport-Mcmoran's (FCX) quarterly Asset Writedowns and Impairment came in at $9.0 million in Q3 2020, down 78.05% year-over-year from $41.0 million in Q4 2019, and up 80.0% quarter-over-quarter from $5.0 million in Q2 2020.
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Analysis
Freeport-Mcmoran (FCX) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Asset Writedowns and Impairment for 9 consecutive years, with $9.0 million the latest figure, recorded in Q3 2020.
- On a quarterly basis, Asset Writedowns and Impairment fell 78.05% year-over-year to $9.0 million in Q3 2020; TTM through Sep 2020 was $315.0 million, a 208.82% increase from a year earlier, with the FY2025 full-year figure at $64.0 million, down 7.25% from the prior year.
- Asset Writedowns and Impairment was $9.0 million for Q3 2020 at Freeport-Mcmoran, up from $5.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $3.8 billion in Q1 2016 and troughed at $2.0 million in Q2 2018.
- A 5-year average of $338.3 million and a median of $25.0 million in 2016 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment slumped 95.11% in 2016 and jumped 3850.0% in 2019, its largest moves.
- Over 5 years, Asset Writedowns and Impairment stood at $9.0 million in 2016, then declined by 11.11% to $8.0 million in 2017, then slumped by 75.0% to $2.0 million in 2018, then jumped by 3850.0% to $79.0 million in 2019, then tumbled by 88.61% to $9.0 million in 2020.
- The last three Asset Writedowns and Impairment figures came in at $9.0 million (Q3 2020), $5.0 million (Q2 2020), and $222.0 million (Q1 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 18.00 Mn |
| Jun 30, 2020 | 5.00 Mn |
| Mar 31, 2020 | 222.00 Mn |
| Dec 31, 2019 | 79.00 Mn |
| Sep 30, 2019 | 41.00 Mn |
| Jun 30, 2019 | 2.00 Mn |
| Mar 31, 2019 | 57.00 Mn |
| Dec 31, 2018 | 2.00 Mn |
| Jun 30, 2018 | 2.00 Mn |
| Dec 31, 2017 | 8.00 Mn |
| Dec 31, 2016 | 9.00 Mn |
| Sep 30, 2016 | 200.00 Mn |
| Jun 30, 2016 | 300.00 Mn |
| Mar 31, 2016 | 3.80 Bn |
| Dec 31, 2015 | 184.00 Mn |
| Sep 30, 2015 | 3.70 Bn |
| Jun 30, 2015 | 2.70 Bn |
| Mar 31, 2015 | 3.10 Bn |
| Dec 31, 2014 | -302.00 Mn |
| Sep 30, 2014 | 308.00 Mn |
API Access
Freeport-Mcmoran Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "FCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();