Freeport-McMoRan Inc. (NYSE:FCX)

The financial data reveals several notable trends over the analyzed period. Revenues show significant volatility, with a sharp increase from 2005 to 2007, peaking at 16,939 million US dollars, followed by fluctuations in subsequent years. After a decline in 2009, revenues generally trend upward, reaching 25,455 million US dollars by 2024, indicating overall growth despite periods of instability.

Total assets exhibit considerable variation throughout the years. Initially slightly decreasing from 5,550 million US dollars in 2005 to 5,390 million in 2006, total assets then rise dramatically to 40,661 million by 2007. Following this peak, assets fluctuate but remain elevated relative to early years, culminating in a value of 54,848 million US dollars in 2024. This long-term increase suggests substantial capital accumulation and investment over time.

The total asset turnover ratio, representing efficiency in using assets to generate revenue, declines from 0.75 in 2005 to as low as 0.33 in 2013, indicating reduced effectiveness. Although this ratio experiences minor recoveries in later years, it remains relatively low, fluctuating between 0.34 and 0.48 towards 2024. This pattern may reflect challenges in maximizing asset utilization despite growing asset bases.

Revenues

Show sharp growth until 2007, followed by variability with an overall upward trend reaching highest values in the latest years.

Total Assets

Experience substantial increases from 2006 onwards, maintain elevated levels, and reach peak asset holdings in 2024.

Total Asset Turnover

Decline noticeable in initial years with modest recovery later; efficiency remains below early levels, indicating potential underutilization of assets.

Overall, the data illustrates growth in scale through increasing revenues and assets, coupled with challenges in maintaining asset efficiency. This could suggest strategic investment in asset expansion that has yet to translate fully into proportional revenue increases.