Freeport-McMoRan Gross Margin 2010-2024 | FCX
- Freeport-McMoRan average gross margin for 2023 was 30.27%, a 20.17% increase from 2022.
- Freeport-McMoRan average gross margin for 2022 was 37.92%, a 11.43% decline from 2021.
- Freeport-McMoRan average gross margin for 2021 was 34.03%, a 246.19% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.