Freeport-Mcmoran (FCX) Non Operating Interest Expenses (2009 - 2016)
Freeport-Mcmoran (FCX) posted quarterly Non Operating Interest Expenses of $187.0 million for Q3 2016, up 19.11% year-over-year from $157.0 million in Q4 2015, and down 4.59% quarter-over-quarter from $196.0 million in Q2 2016.
Analysis
Freeport-Mcmoran (FCX) Non Operating Interest Expenses (2009 - 2016) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Non Operating Interest Expenses for 6 consecutive years, with $187.0 million the latest figure, recorded in Q3 2016.
- In Q3 2016, Non Operating Interest Expenses rose 19.11% year-over-year to $187.0 million; the TTM figure through Sep 2016 stood at $790.0 million (up 33.45% YoY), while the FY2015 annual figure was $645.0 million, up 2.38% from the prior year.
- Non Operating Interest Expenses fell to $187.0 million in Q3 2016 per FCX's latest filing, from $196.0 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $207.0 million in Q4 2015 and bottomed at $38.0 million in Q4 2012.
- Historically, Non Operating Interest Expenses has averaged $135.2 million across 5 years, with a median of $157.0 million in 2015.
- Annual changes were most pronounced in 2012 — Non Operating Interest Expenses slumped 46.15% — and 2013, when it jumped 339.47%.
- Freeport-Mcmoran's Non Operating Interest Expenses stood at $38.0 million in 2012, then surged by 339.47% to $167.0 million in 2013, then decreased by 11.98% to $147.0 million in 2014, then surged by 40.82% to $207.0 million in 2015, then dropped by 9.66% to $187.0 million in 2016.
- Business Quant data shows FCX's Non Operating Interest Expenses at $187.0 million in Q3 2016, $196.0 million in Q2 2016, and $200.0 million in Q1 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 169.14 Bn | 161.81 Bn | 2.90 Bn | 105.60 Mn |
| 2 | Freeport-Mcmoran | 106.20 Bn | 102.12 Bn | 2.19 Bn | - |
| 3 | Trekor Metals | 53.73 Bn | 53.60 Bn | 111.31 Mn | -12.70 Mn |
| 4 | Hudbay Minerals | 10.79 Bn | 9.74 Bn | 269.00 Mn | 13.30 Mn |
| 5 | Ero Copper | 3.59 Bn | 3.48 Bn | 121.42 Mn | -12.68 Mn |
| 6 | Ivanhoe Electric | 1.60 Bn | 1.60 Bn | 368,000.00 | - |
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 |