Freeport-Mcmoran (FCX) Interest Expenses (2009 - 2016)
Freeport-Mcmoran (FCX) reported Interest Expenses of $187 million for Q3 2016, up 19.1% from $157 million a year earlier but down 4.6% from the prior quarter.
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Analysis
Freeport-Mcmoran (FCX) Interest Expenses (2009 - 2016) Analysis & Trends
Over the twelve months ended Sep 30, 2016, Freeport-Mcmoran's Interest Expenses came in at $790 million, up 33.4% year-over-year; for FY2015, it came in at $645 million, up 2.4% from FY2014.
- Interest Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 6.9% (FY2010 to FY2015).
- By year, Interest Expenses came in at $630 million in FY2014 (+21.6%), $518 million in FY2013 (+178.5%), $186 million in FY2012 (-40.4%) and $312 million in FY2011 (-32.5%).
- Five-year quarterly Interest Expenses spans a low of $38 million in Q4 2012 and a high of $207 million in Q4 2015.
- Year over year, Interest Expenses has now increased in each of the last four quarters, with growth averaging 12.4% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q4 2013 (growth of 339.5%); the low point was Q3 2012 (a decline of 46.2%).
- Per Business Quant data, the three quarters before Q3 2016 came in at $196 million (Q2 2016), $200 million (Q1 2016) and $207 million (Q4 2015).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | - |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | 16.04 Mn |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | -26.00 Mn |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 36.00 Mn |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | - |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2016 | 187.00 Mn |
| Jun 30, 2016 | 196.00 Mn |
| Mar 31, 2016 | 200.00 Mn |
| Dec 31, 2015 | 207.00 Mn |
| Sep 30, 2015 | 157.00 Mn |
| Jun 30, 2015 | 142.00 Mn |
| Mar 31, 2015 | 146.00 Mn |
| Dec 31, 2014 | 147.00 Mn |
| Sep 30, 2014 | 158.00 Mn |
| Jun 30, 2014 | 164.00 Mn |
| Mar 31, 2014 | 161.00 Mn |
| Dec 31, 2013 | 167.00 Mn |
| Sep 30, 2013 | 162.00 Mn |
| Jun 30, 2013 | 132.00 Mn |
| Mar 31, 2013 | 57.00 Mn |
| Dec 31, 2012 | 38.00 Mn |
| Sep 30, 2012 | 42.00 Mn |
| Jun 30, 2012 | 43.00 Mn |
| Mar 31, 2012 | 63.00 Mn |
| Dec 31, 2011 | 62.00 Mn |
API Access
Freeport-Mcmoran Interest Expenses 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=interest-expenses&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();