First Quantum Minerals (FQVLF) Financial Statements
Price: $15.81
Market Cap: $13.09B
Avg Volume: 174.76K
Market Cap: $13.09B
Avg Volume: 174.76K
Country: CA
Industry: Copper
Sector: Basic Materials
Industry: Copper
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of First Quantum Minerals.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.80B | $6.46B | $7.63B | $7.21B | $5.20B | $4.07B | $3.97B | $3.31B | $2.67B | $2.70B |
| Cost of Revenue | $3.45B | $5.16B | $5.43B | $4.65B | $4.12B | $3.28B | $2.99B | $2.98B | $2.33B | $2.40B |
| Gross Profit | $1.35B | $1.29B | $2.20B | $2.56B | $1.08B | $790.00M | $978.00M | $335.00M | $339.00M | $293.00M |
| Gross Profit Ratio | 28.11% | 20.00% | 28.85% | 35.50% | 20.72% | 19.42% | 24.66% | 10.12% | 12.68% | 10.86% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $148.00M | $142.00M | $136.00M | $118.00M | $99.00M | $82.00M | $74.00M | $74.00M | $70.00M | $85.00M |
| Selling and Marketing Expenses | $- | $2.60M | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $148.00M | $144.60M | $136.00M | $118.00M | $99.00M | $82.00M | $74.00M | $74.00M | $70.00M | $85.00M |
| Other Expenses | $392.00M | $1.07B | $24.00M | $38.00M | $26.00M | $32.00M | $5.00M | $42.00M | $1.00M | $4.00M |
| Operating Expenses | $540.00M | $1.21B | $160.00M | $156.00M | $125.00M | $114.00M | $124.00M | $112.00M | $70.00M | $79.00M |
| Cost and Expenses | $3.99B | $6.38B | $5.59B | $4.81B | $4.25B | $3.39B | $3.11B | $3.09B | $2.40B | $2.48B |
| Interest Income | $90.00M | $83.23M | $80.00M | $65.00M | $66.00M | $37.00M | $20.00M | $6.00M | $5.00M | $15.00M |
| Interest Expense | $680.00M | $679.23M | $584.00M | $650.00M | $729.00M | $271.00M | $24.00M | $32.00M | $7.00M | $12.00M |
| Depreciation and Amortization | $633.00M | $1.16B | $1.20B | $1.17B | $1.29B | $942.41M | $833.22M | $939.62M | $688.62M | $562.00M |
| EBITDA | $1.59B | $1.34B | $3.28B | $3.73B | $2.14B | $1.25B | $1.72B | $1.03B | $960.00M | $454.06M |
| EBITDA Ratio | 33.17% | 20.68% | 40.64% | 50.35% | 42.47% | 35.09% | 43.95% | 33.93% | 35.91% | 29.32% |
| Operating Income | $810.00M | $78.00M | $2.24B | $2.60B | $991.00M | $474.00M | $809.00M | $183.00M | $280.00M | $-84.00M |
| Operating Income Ratio | 16.87% | 1.21% | 29.39% | 36.02% | 19.06% | 11.65% | 20.40% | 5.53% | 10.48% | -3.11% |
| Total Other Income Expenses Net | $-530.00M | $-564.00M | $-772.00M | $-697.00M | $-663.00M | $-455.00M | $-18.00M | $-123.00M | $-13.00M | $-8.73M |
| Income Before Tax | $280.00M | $-486.00M | $1.47B | $1.90B | $32.00M | $19.00M | $791.00M | $60.00M | $267.00M | $-92.00M |
| Income Before Tax Ratio | 5.83% | -7.53% | 19.26% | 26.36% | 0.62% | 0.47% | 19.94% | 1.81% | 9.99% | -3.41% |
| Income Tax Expense | $388.00M | $757.00M | $320.00M | $812.00M | $256.00M | $70.00M | $283.00M | $299.00M | $19.00M | $518.00M |
| Net Income | $2.00M | $-954.00M | $1.03B | $832.00M | $-224.00M | $-51.00M | $441.00M | $-316.00M | $-45.00M | $-496.00M |
| Net Income Ratio | 0.04% | -14.78% | 13.56% | 11.54% | -4.31% | -1.25% | 11.12% | -9.55% | -1.68% | -18.38% |
| EPS | $0.00 | $-1.38 | $1.44 | $1.20 | $-0.33 | $-0.07 | $0.64 | $-0.46 | $-0.07 | $-0.77 |
| EPS Diluted | $0.00 | $-1.38 | $1.43 | $1.19 | $-0.33 | $-0.07 | $0.64 | $-0.46 | $-0.07 | $-0.77 |
| Weighted Average Shares Outstanding | 812.22M | 690.88M | 690.52M | 688.67M | 688.47M | 687.60M | 686.75M | 685.94M | 685.75M | 646.82M |
| Weighted Average Shares Outstanding Diluted | 812.22M | 690.88M | 692.99M | 691.71M | 688.47M | 687.60M | 689.39M | 685.94M | 689.35M | 646.82M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $843.00M | $1.16B | $1.69B | $1.86B | $950.00M | $1.14B | $1.25B | $1.30B | $1.46B | $365.00M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $843.00M | $1.16B | $1.69B | $1.86B | $950.00M | $1.14B | $1.25B | $1.30B | $1.46B | $365.00M |
| Net Receivables | $509.00M | $583.00M | $889.60M | $621.16M | $737.00M | $512.00M | $658.00M | $652.00M | $402.00M | $367.00M |
| Inventory | $1.55B | $1.59B | $1.46B | $1.31B | $1.33B | $1.37B | $1.20B | $1.08B | $1.03B | $1.18B |
| Other Current Assets | $311.00M | $126.00M | $133.40M | $138.84M | $88.00M | $135.00M | $155.00M | $159.00M | $176.00M | $-572.00M |
| Total Current Assets | $3.22B | $3.46B | $4.17B | $3.93B | $3.11B | $3.15B | $3.26B | $3.19B | $3.07B | $2.16B |
| Property Plant Equipment Net | $19.19B | $18.58B | $19.05B | $19.28B | $19.47B | $19.97B | $19.10B | $17.17B | $15.81B | $15.92B |
| Goodwill | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M | $237.00M |
| Long Term Investments | $560.00M | $645.00M | $663.00M | $619.00M | $544.00M | $589.00M | $600.00M | $600.00M | $246.00M | $251.00M |
| Tax Assets | $50.00M | $50.00M | $163.00M | $182.00M | $152.00M | $396.00M | $109.00M | $140.00M | $-246.00M | $-251.00M |
| Other Non-Current Assets | $850.00M | $834.00M | $795.00M | $1.02B | $727.00M | $401.00M | $229.00M | $284.00M | $362.00M | $301.00M |
| Total Non-Current Assets | $20.89B | $20.30B | $20.91B | $21.34B | $21.13B | $21.59B | $20.27B | $18.43B | $16.41B | $16.46B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $24.11B | $23.76B | $25.08B | $25.27B | $24.24B | $24.75B | $23.54B | $21.62B | $19.48B | $18.62B |
| Account Payables | $554.00M | $830.00M | $771.00M | $719.00M | $762.00M | $496.00M | $731.00M | $713.00M | $439.00M | $459.00M |
| Short Term Debt | $529.00M | $974.00M | $587.00M | $323.00M | $916.00M | $1.47B | $641.00M | $910.00M | $1.28B | $1.20B |
| Tax Payables | $144.00M | $26.86M | $53.00M | $363.00M | $164.00M | $141.00M | $125.00M | $139.00M | $90.00M | $108.00M |
| Deferred Revenue | $- | $- | $117.95M | $102.86M | $91.00M | $95.00M | $125.00M | $139.00M | $90.00M | $108.00M |
| Other Current Liabilities | $318.00M | $176.14M | $91.11M | $67.28M | $411.00M | $229.00M | $147.00M | $306.00M | $322.00M | $-780.00M |
| Total Current Liabilities | $1.54B | $2.01B | $1.74B | $1.68B | $2.44B | $2.52B | $1.64B | $2.07B | $2.22B | $1.09B |
| Long Term Debt | $5.84B | $6.62B | $8.08B | $8.93B | $8.80B | $7.38B | $7.11B | $6.74B | $5.07B | $4.67B |
| Deferred Revenue Non-Current | $1.76B | $- | $1.34B | $1.39B | $1.43B | $1.42B | $1.45B | $726.00M | $462.00M | $338.00M |
| Deferred Tax Liabilities Non-Current | $1.01B | $- | $857.00M | $804.00M | $595.00M | $609.00M | $790.00M | $829.00M | $739.00M | $813.00M |
| Other Non-Current Liabilities | $2.04B | $4.35B | $3.03B | $3.17B | $938.00M | $2.15B | $1.82B | $1.14B | $702.00M | $1.06B |
| Total Non-Current Liabilities | $10.66B | $10.97B | $11.11B | $12.10B | $11.77B | $11.56B | $11.17B | $9.43B | $6.97B | $6.89B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $12.21B | $12.98B | $12.84B | $13.78B | $14.20B | $14.09B | $12.81B | $11.49B | $9.20B | $7.99B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $6.55B | $5.41B | $5.49B | $5.57B | $5.63B | $5.62B | $5.59B | $5.64B | $5.55B | $5.53B |
| Retained Earnings | $4.88B | $4.89B | $5.47B | $4.52B | $3.69B | $3.88B | $3.94B | $3.61B | $3.93B | $3.98B |
| Accumulated Other Comprehensive Income Loss | $35.00M | $-59.00M | $-59.00M | $-72.00M | $-455.00M | $-45.00M | $-27.00M | $-227.00M | $-292.00M | $52.00M |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $- | $- | $-67.00M | $-89.00M | $-111.00M |
| Total Stockholders Equity | $11.47B | $10.25B | $10.90B | $10.02B | $8.87B | $9.45B | $9.51B | $8.96B | $9.19B | $9.57B |
| Total Equity | $11.90B | $10.78B | $12.24B | $11.49B | $10.04B | $10.66B | $10.72B | $10.13B | $10.29B | $10.63B |
| Total Liabilities and Stockholders Equity | $24.11B | $23.76B | $25.08B | $25.27B | $24.24B | $24.75B | $23.54B | $21.62B | $19.48B | $18.62B |
| Minority Interest | $433.00M | $528.28M | $1.34B | $1.48B | $1.17B | $1.21B | $1.22B | $1.17B | $1.09B | $1.06B |
| Total Liabilities and Total Equity | $24.11B | $23.76B | $25.08B | $25.27B | $24.24B | $24.75B | $23.54B | $21.62B | $19.48B | $18.62B |
| Total Investments | $560.00M | $645.00M | $663.00M | $619.00M | $544.00M | $589.00M | $600.00M | $600.00M | $246.00M | $251.00M |
| Total Debt | $6.37B | $7.58B | $7.38B | $7.91B | $8.36B | $8.81B | $7.75B | $6.87B | $5.84B | $5.06B |
| Net Debt | $5.53B | $6.42B | $5.69B | $6.05B | $7.41B | $7.67B | $6.50B | $5.58B | $4.38B | $4.70B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-108.00M | $-954.00M | $1.15B | $1.09B | $-224.00M | $-51.00M | $508.00M | $-239.00M | $248.00M | $-610.00M |
| Depreciation and Amortization | $633.00M | $1.16B | $1.23B | $1.17B | $1.22B | $907.00M | $864.00M | $894.00M | $686.00M | $562.00M |
| Deferred Income Tax | $299.00M | $- | $510.00M | $828.00M | $176.00M | $70.00M | $283.00M | $299.00M | $19.00M | $518.00M |
| Stock Based Compensation | $54.00M | $50.00M | $47.00M | $33.00M | $31.00M | $23.00M | $16.00M | $21.00M | $20.00M | $23.00M |
| Change in Working Capital | $-230.00M | $130.00M | $-216.00M | $-18.00M | $-203.00M | $-455.00M | $-161.00M | $-274.00M | $-70.00M | $177.00M |
| Accounts Receivables | $50.00M | $282.08M | $-106.60M | $-31.00M | $-227.00M | $-404.00M | $- | $-145.00M | $-65.00M | $16.00M |
| Inventory | $-5.00M | $-149.70M | $-144.00M | $-24.00M | $-2.00M | $-146.00M | $- | $-46.00M | $52.00M | $46.00M |
| Accounts Payables | $- | $-22.40M | $37.45M | $- | $43.00M | $560.58M | $- | $-83.00M | $-22.00M | $115.00M |
| Other Working Capital | $-275.00M | $20.02M | $-2.85M | $37.00M | $-17.00M | $-465.58M | $-152.79M | $-274.00M | $-35.00M | $-10.13M |
| Other Non Cash Items | $1.00B | $1.04B | $-388.00M | $-221.00M | $616.00M | $454.00M | $470.00M | $213.00M | $20.00M | $521.00M |
| Net Cash Provided by Operating Activities | $1.65B | $1.43B | $2.33B | $2.88B | $1.61B | $889.00M | $1.98B | $914.00M | $923.00M | $1.19B |
| Investments in Property Plant and Equipment | $-1.29B | $-1.30B | $-1.17B | $-995.00M | $-610.00M | $-1.46B | $-2.14B | $-1.65B | $-1.14B | $-1.56B |
| Acquisitions Net | $- | $-105.00M | $3.84M | $-100.00M | $-100.00M | $-100.00M | $-185.00M | $-179.00M | $728.00M | $- |
| Purchases of Investments | $- | $- | $- | $-99.12M | $-105.28M | $-102.32M | $-175.57M | $-38.00M | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $99.12M | $105.28M | $102.32M | $- | $-359.00M | $- | $- |
| Other Investing Activities | $-8.00M | $25.00M | $-6.84M | $-3.00M | $37.00M | $-365.00M | $-424.00M | $15.00M | $-299.00M | $-74.00M |
| Net Cash Used for Investing Activities | $-1.29B | $-1.38B | $-1.17B | $-1.10B | $-673.00M | $-1.92B | $-2.75B | $-2.21B | $-712.00M | $-1.64B |
| Debt Repayment | $-1.06B | $-128.31M | $-677.00M | $-450.01M | $14.00M | $783.00M | $996.00M | $1.39B | $48.00M | $-667.00M |
| Common Stock Issued | $1.10B | $- | $- | $- | $- | $- | $- | $- | $- | $1.12B |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $-93.00M | $-72.03M | $-4.96M | $-5.26M | $-5.12M | $-5.00M | $-5.00M | $-7.00M | $-39.00M |
| Other Financing Activities | $-539.00M | $-554.69M | $-581.97M | $-386.04M | $-552.00M | $-12.00M | $-111.00M | $16.00M | $-36.00M | $36.00M |
| Net Cash Used Provided by Financing Activities | $-501.00M | $-776.00M | $-1.33B | $-841.00M | $-543.00M | $766.00M | $880.00M | $1.40B | $5.00M | $451.00M |
| Effect of Forex Changes on Cash | $-3.00M | $- | $-2.00M | $-1.00M | $-6.00M | $- | $-22.00M | $35.00M | $-16.00M | $5.00M |
| Net Change in Cash | $-147.00M | $-729.00M | $-171.00M | $945.00M | $391.00M | $-265.00M | $86.00M | $137.00M | $200.00M | $8.00M |
| Cash at End of Period | $812.00M | $959.00M | $1.69B | $1.86B | $914.00M | $523.00M | $788.00M | $702.00M | $565.00M | $365.00M |
| Cash at Beginning of Period | $959.00M | $1.69B | $1.86B | $914.00M | $523.00M | $788.00M | $702.00M | $565.00M | $365.00M | $357.00M |
| Operating Cash Flow | $1.65B | $1.43B | $2.33B | $2.88B | $1.61B | $889.00M | $1.98B | $914.00M | $923.00M | $1.19B |
| Capital Expenditure | $-1.29B | $-1.30B | $-1.17B | $-995.00M | $-610.00M | $-1.46B | $-2.14B | $-1.65B | $-1.14B | $-1.56B |
| Free Cash Flow | $365.00M | $127.00M | $1.17B | $1.89B | $1.00B | $-566.00M | $-163.00M | $-738.00M | $-218.00M | $-374.00M |