Freeport-McMoRan Shareholders Will Want The ROCE Trajectory To Continue

Introducing the exciting changes to Freeport-McMoRan's return on capital

Freeport-McMoRan's stock quote history news

This article will summarize the recent news about the impressive changes in Freeport-McMoRan's NYSEFCX returns on capital. We will also discuss what return on capital employed (ROCE) is and why it is important for shareholders.

Freeport-McMoRan's ROCE has improved significantly in recent years. In 2016, the company's ROCE was 6.1%. By 2021, it had increased to 12.2%. This improvement is due to a number of factors, including increased commodity prices, cost-cutting measures, and operational improvements. We also provide financial data and expert analysis on FCX stock.

The improvement in Freeport-McMoRan's ROCE is good news for shareholders. ROCE is a measure of a company's profitability and efficiency. A higher ROCE indicates that the company is able to generate more profit with its assets. This means that shareholders are more likely to receive a higher return on their investment.

Return On Capital Employed

Return on capital employed (ROCE) is a financial ratio that measures the profitability of a company in relation to its capital employed. ROCE is calculated by dividing a company's earnings before interest and taxes (EBIT) by its capital employed.

ROCE is a key metric for shareholders because it shows how efficiently a company is using its capital. A higher ROCE indicates that the company is able to generate more profit with its assets. This means that shareholders are more likely to receive a higher return on their investment.

Conclusion

Freeport-McMoRan's ROCE has improved significantly in recent years. This is good news for shareholders because it means that the company is more profitable and efficient. Shareholders are more likely to receive a higher return on their investment as a result.