Cash flow First Quantum Minerals Ltd.

Stocks

FM

CA3359341052

Specialty Mining & Metals

Delayed Toronto S.E. Other stock markets 12:20:01 2026-06-11 pm EDT			5-day change	1st Jan Change
41.27 ^CAD	+3.90%		-9.81%	+12.15%

Jun. 03	Zambia extends duty-free copper concentrate export duty waiver amid smelter outages	RE
Jun. 02	TSX Closer: The Index Posts a Fresh Record Close; Morningstar On Best- and Worst-Performing Canada Stocks	MT

09efc32b.JyhLeiVmEGxPMQi7FILQ1G93C64LtMZLu2vtoIT2Df8.SUoAE2gPag0ARm_Rf-_lkVtAe-k-za4h3AK54feMOYUfUQkUYwNdBxd9OA

Published financial data: FIRST QUANTUM MINERALS LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	7.21B	7.63B	6.46B	4.8B	5.24B
Total Revenues	7.21B	7.63B	6.46B	4.8B	5.24B
Cost of Goods Sold, Total	4.65B	5.43B	5.16B	3.45B	3.78B
Gross Profit	2.56B	2.2B	1.29B	1.35B	1.46B
Selling General & Admin Expenses, Total	118M	136M	142M	148M	166M
Exploration / Drilling Costs, Total	20M	26M	30M	24M	30M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	27M	40M	25M	220M	269M
Other Operating Expenses, Total	165M	202M	197M	392M	465M
Operating Income	2.4B	2B	1.1B	958M	993M
Interest Expense, Total	-714M	-584M	-641M	-556M	-503M
Interest And Investment Income	65M	80M	106M	90M	96M
Net Interest Expenses	-649M	-504M	-535M	-466M	-407M
Income (Loss) On Equity Invest.	75M	44M	-18M	-85M	-93M
Currency Exchange Gains (Loss)	159M	184M	-67M	4M	21M
Other Non Operating Income (Expenses)	-16M	-253M	-12M	-132M	-169M
EBT, Excl. Unusual Items	1.97B	1.47B	463M	279M	345M
Restructuring Charges	-	-	-49M	-14M	-1M
Asset Writedown	-44M	-	-900M	-75M	23M
Other Unusual Items	-21M	-	-	90M	89M
EBT, Incl. Unusual Items	1.9B	1.47B	-486M	280M	456M
Income Tax Expense	812M	320M	757M	388M	521M
Earnings From Continuing Operations	1.09B	1.15B	-1.24B	-108M	-65M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	1.09B	1.15B	-1.24B	-108M	-65M
Minority Interest	-257M	-115M	289M	110M	37M
Net Income - (IS)	832M	1.03B	-954M	2M	-28M
Net Income to Common Incl Extra Items	832M	1.03B	-954M	2M	-28M
Net Income to Common Excl. Extra Items	832M	1.03B	-954M	2M	-28M
Per Share Items
Net EPS - Basic	1.21	1.5	-1.38	0	-0.03
Basic EPS - Continuing Operations	1.21	1.5	-1.38	0	-0.03
Basic Weighted Average Shares Outstanding	689M	691M	691M	812M	832M
Net EPS - Diluted	1.2	1.49	-1.38	0	-0.03
Diluted EPS - Continuing Operations	1.2	1.49	-1.38	0	-0.03
Diluted Weighted Average Shares Outstanding	692M	693M	691M	812M	832M
Normalized Basic EPS	1.41	1.16	0.84	0.35	0.3
Normalized Diluted EPS	1.4	1.16	0.84	0.35	0.3
Dividend Per Share	0.01	0.21	0.06	-	-
Payout Ratio	0.6	7.25	-9.75	-	-
American Depositary Receipts Ratio (ADR)	0.04	0.04	0.04	0.04	0.04
Supplemental Items
EBITDA	3.55B	3.24B	2.26B	1.62B	1.69B
EBITA	2.41B	2.01B	1.11B	980M	1.02B
EBIT	2.4B	2B	1.1B	958M	993M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	42.71	21.78	-155.76	138.57	114.25
Total Current Taxes	634M	243M	605M	269M	438M
Total Deferred Taxes	178M	77M	152M	119M	83M
Normalized Net Income	972M	803M	578M	284M	253M
Interest Capitalized	4M	24M	26M	54M	90M
Supplemental Operating Expense Items
General and Administrative Expenses	118M	136M	142M	148M	166M
Exploration/Drilling Costs	20M	26M	30M	24M	30M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	323M	380M	379M	229M	297M
Stock-Based Comp., G&A Exp. (Total)	31M	43M	50M	57M	63M
Stock-Based Comp., Other (Total)	2M	4M	-	-	-
Total Stock-Based Compensation	33M	47M	50M	57M	63M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.86B	1.69B	1.16B	843M	716M
Total Cash And Short Term Investments	1.86B	1.69B	1.16B	843M	716M
Accounts Receivable, Total	466M	491M	272M	209M	713M
Other Receivables	156M	399M	314M	300M	758M
Total Receivables	622M	890M	586M	509M	1.47B
Inventory	1.31B	1.46B	1.59B	1.55B	1.54B
Other Current Assets, Total	138M	133M	123M	311M	182M
Total Current Assets	3.93B	4.17B	3.46B	3.22B	3.91B
Gross Property Plant And Equipment	27.94B	28.82B	29.19B	30.39B	29.98B
Accumulated Depreciation	-8.66B	-9.77B	-10.6B	-11.19B	-10.2B
Net Property Plant And Equipment	19.28B	19.05B	18.58B	19.19B	19.77B
Long-term Investments	619M	663M	645M	560M	467M
Goodwill	237M	237M	237M	237M	237M
Deferred Tax Assets Long-Term	182M	163M	50M	50M	6M
Other Long-Term Assets, Total	1.02B	795M	784M	850M	850M
Total Assets	25.27B	25.08B	23.76B	24.11B	25.24B
Liabilities
Accounts Payable, Total	719M	771M	830M	554M	590M
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	31M	120M	342M	147M	357M
Current Portion of Long-Term Debt	282M	455M	625M	382M	501M
Current Portion of Leases	10M	13M	7M	4M	4M
Current Income Taxes Payable	363M	53M	27M	144M	201M
Unearned Revenue Current, Total	103M	118M	-	-	-
Other Current Liabilities	170M	208M	176M	314M	1.1B
Total Current Liabilities	1.68B	1.74B	2.01B	1.54B	2.75B
Long-Term Debt	8.91B	8.06B	7.97B	7.24B	6.44B
Long-Term Leases	16M	16M	13M	9M	14M
Unearned Revenue Non Current	1.39B	1.34B	1.42B	1.76B	2.77B
Deferred Tax Liability Non Current	804M	857M	874M	1.01B	1.03B
Other Non Current Liabilities	983M	834M	698M	642M	689M
Total Liabilities	13.78B	12.84B	12.98B	12.2B	13.7B
Common Stock, Total	5.64B	5.65B	5.67B	6.77B	6.77B
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	4.52B	5.47B	4.9B	4.88B	4.88B
Treasury Stock	-190M	-130M	-56M	-79M	-163M
Comprehensive Income and Other	44M	-90M	-260M	-108M	-325M
Total Common Equity	10.02B	10.9B	10.25B	11.47B	11.16B
Minority Interest	1.48B	1.34B	531M	433M	371M
Total Equity	11.49B	12.24B	10.78B	11.9B	11.54B
Total Liabilities And Equity	25.27B	25.08B	23.76B	24.11B	25.24B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	686M	686M	687M	828M	828M
ECS Total Common Shares Outstanding	686M	686M	687M	828M	828M
Book Value / Share	14.6	15.88	14.92	13.85	13.48
Tangible Book Value	9.78B	10.66B	10.01B	11.23B	10.93B
Tangible Book Value Per Share	14.26	15.54	14.58	13.56	13.2
Total Debt	9.25B	8.66B	8.96B	7.78B	7.32B
Net Debt	7.39B	6.98B	7.8B	6.94B	6.6B
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	1.48B	1.34B	531M	433M	371M
Equity Method Investments, Total	619M	663M	645M	560M	467M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	1.01B	1.12B	1.15B	1.12B	1.19B
Inventories - Work In Process, Total	44M	48M	37M	25M	40M
Inventories - Finished Goods, Total	260M	289M	410M	410M	310M
Machinery, Total	15.98B	16.46B	16.42B	16.69B	16.72B
Full Time Employees	-	-	-	-	15.66K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	832M	1.03B	-954M	2M	-28M
Depreciation & Amortization - CF	1.14B	1.23B	1.14B	644M	674M
Amortization of Goodwill and Intangible Assets - (CF)	11M	15M	17M	22M	23M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	1.15B	1.24B	1.16B	666M	697M
Asset Writedown & Restructuring Costs	44M	-	900M	75M	-23M
(Income) Loss On Equity Investments - (CF)	-75M	-44M	18M	85M	93M
Stock-Based Compensation (CF)	33M	47M	-101M	35M	58M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	917M	267M	296M	1.02B	1.77B
Change In Accounts Receivable	-	-111M	277M	50M	-477M
Change In Inventories	-	-144M	-147M	-5M	-40M
Change In Accounts Payable	-	39M	-22M	-275M	32M
Change in Other Net Operating Assets	-18M	-	-	-	-
Cash from Operations	2.88B	2.33B	1.43B	1.65B	2.08B
Capital Expenditure	-999M	-1.19B	-1.33B	-1.34B	-1.22B
Cash Acquisitions	-	-	-105M	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-100M	-	-	-	-
Other Investing Activities, Total	1M	21M	51M	46M	23M
Cash from Investing	-1.1B	-1.17B	-1.38B	-1.29B	-1.2B
Short Term Debt Issued, Total	-	89M	24M	-	169M
Long-Term Debt Issued, Total	3.2B	2.53B	2.76B	2.97B	2.57B
Total Debt Issued	3.2B	2.62B	2.78B	2.97B	2.74B
Short Term Debt Repaid, Total	-280M	-	-	-28M	-
Long-Term Debt Repaid, Total	-3.44B	-3.21B	-2.91B	-4B	-3.3B
Total Debt Repaid	-3.72B	-3.21B	-2.91B	-4.03B	-3.3B
Issuance of Common Stock	-	-	-	1.1B	-
Common Dividends Paid	-5M	-75M	-93M	-	-
Common & Preferred Stock Dividends Paid	-5M	-75M	-93M	-	-
Other Financing Activities, Total	-318M	-668M	-557M	-539M	-481M
Cash from Financing	-841M	-1.33B	-776M	-501M	-1.05B
Foreign Exchange Rate Adjustments	-1M	-2M	-	-3M	1M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-3M
Net Change in Cash	945M	-171M	-729M	-147M	-168M
Supplemental Items
Cash Interest Paid	521M	448M	527M	519M	436M
Cash Income Tax Paid (Refund)	455M	548M	625M	128M	378M
Levered Free Cash Flow	1.16B	372M	229M	-459M	-95.75M
Unlevered Free Cash Flow	1.6B	737M	629M	-111M	219M
Change In Net Working Capital	80M	612M	-61M	93M	-62M
Net Debt Issued / Repaid	-518M	-588M	-126M	-1.06B	-566M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.05	4.96	2.8	2.5	2.52
Return on Total Capital	7.4	6	3.37	3.04	3.22
Return On Equity %	10.12	9.68	-10.8	-0.95	-0.55
Return on Common Equity	8.81	9.89	-9.02	0.02	-0.25
Margin Analysis
Gross Profit Margin %	35.52	28.85	20.01	28.11	27.84
SG&A Margin	1.64	1.78	2.2	3.08	3.17
EBITDA Margin %	49.21	42.51	34.93	33.82	32.27
EBITA Margin %	33.39	26.4	17.22	20.41	19.4
EBIT Margin %	33.24	26.2	16.96	19.95	18.96
Income From Continuing Operations Margin %	15.1	15.07	-19.25	-2.25	-1.24
Net Income Margin %	11.54	13.56	-14.78	0.04	-0.53
Net Avail. For Common Margin %	11.54	13.56	-14.78	0.04	-0.53
Normalized Net Income Margin	13.47	10.53	8.96	5.92	4.82
Levered Free Cash Flow Margin	16.05	4.87	3.54	-9.55	-1.83
Unlevered Free Cash Flow Margin	22.24	9.66	9.75	-2.32	4.17
Asset Turnover
Asset Turnover	0.29	0.3	0.26	0.2	0.21
Fixed Assets Turnover	0.37	0.4	0.34	0.25	0.27
Receivables Turnover (Average Receivables)	13.75	15.94	16.92	19.97	11.36
Inventory Turnover (Average Inventory)	3.51	3.91	3.39	2.19	2.45
Short Term Liquidity
Current Ratio	2.34	2.4	1.72	2.08	1.42
Quick Ratio	1.48	1.48	0.87	0.88	0.79
Operating Cash Flow to Current Liabilities	1.72	1.34	0.71	1.07	0.76
Days Sales Outstanding (Average Receivables)	26.54	22.9	21.57	18.33	32.13
Days Outstanding Inventory (Average Inventory)	103.89	93.23	107.82	166.83	149.27
Average Days Payable Outstanding	58.36	48.82	55.14	74.21	55.5
Cash Conversion Cycle (Average Days)	72.07	67.32	74.25	110.95	125.91
Long Term Solvency
Total Debt/Equity	80.46	70.81	83.09	65.37	63.46
Total Debt / Total Capital	44.59	41.46	45.38	39.53	38.82
LT Debt/Equity	77.65	66	74.05	60.89	55.99
Long-Term Debt / Total Capital	43.03	38.64	40.44	36.82	34.25
Total Liabilities / Total Assets	54.52	51.21	54.63	50.63	54.29
EBIT / Interest Expense	3.36	3.42	1.71	1.72	1.97
EBITDA / Interest Expense	4.97	5.55	3.52	2.92	3.36
(EBITDA - Capex) / Interest Expense	3.57	3.51	1.45	0.51	0.93
Total Debt / EBITDA	2.61	2.67	3.97	4.79	4.33
Net Debt / EBITDA	2.08	2.15	3.46	4.27	3.91
Total Debt / (EBITDA - Capex)	3.63	4.22	9.64	27.39	15.71
Net Debt / (EBITDA - Capex)	2.9	3.4	8.39	24.43	14.17
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	42.25	5.74	-15.34	-25.62	9.06
Gross Profit, 1 Yr. Growth %	137.88	-14.13	-41.27	4.49	8
EBITDA, 1 Yr. Growth %	64	-8.65	-31.29	-27.98	4.06
EBITA, 1 Yr. Growth %	149.53	-16.4	-45.84	-11.87	3.67
EBIT, 1 Yr. Growth %	151.26	-16.65	-46.27	-12.51	3.65
Earnings From Cont. Operations, 1 Yr. Growth %	-586.16	5.51	-208.18	-91.31	-39.81
Net Income, 1 Yr. Growth %	-562.22	24.28	-192.26	-100.21	-1.5K
Normalized Net Income, 1 Yr. Growth %	1.35K	-17.35	-30.16	-50.83	-11.16
Diluted EPS Before Extra, 1 Yr. Growth %	-558.98	24.17	-192.67	-100.18	-1.47K
Accounts Receivable, 1 Yr. Growth %	-20.07	5.36	-44.6	-23.16	241.15
Inventory, 1 Yr. Growth %	-1.43	10.96	9.26	-2.45	-1.09
Net Property, Plant and Equip., 1 Yr. Growth %	-0.95	-1.19	-2.47	3.28	3.02
Total Assets, 1 Yr. Growth %	4.27	-0.75	-5.27	1.47	4.69
Tangible Book Value, 1 Yr. Growth %	13.31	9.03	-6.13	12.21	-2.71
Common Equity, 1 Yr. Growth %	12.96	8.81	-6	11.93	-2.65
Cash From Operations, 1 Yr. Growth %	78.86	-19.17	-38.81	15.7	26.11
Capital Expenditures, 1 Yr. Growth %	63.77	19.22	11.34	1.06	-8.66
Levered Free Cash Flow, 1 Yr. Growth %	10.21	-68.97	-42.49	-260.26	-79.13
Unlevered Free Cash Flow, 1 Yr. Growth %	3.74	-54.07	-17.49	-117.68	-296.52
Dividend Per Share, 1 Yr. Growth %	0.69	2.61K	-71.73	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	33.17	22.64	-5.39	-20.65	-9.93
Gross Profit, 2 Yr. CAGR %	80.08	42.92	-28.99	-21.67	6.23
EBITDA, 2 Yr. CAGR %	48.29	22.4	-20.29	-29.66	-13.43
EBITA, 2 Yr. CAGR %	102.89	44.43	-32.04	-30.91	-4.41
EBIT, 2 Yr. CAGR %	104.89	44.72	-32.41	-31.44	-4.77
Earnings From Cont. Operations, 2 Yr. CAGR %	362.09	126.48	6.84	-69.34	-77.13
Net Income, 2 Yr. CAGR %	282.05	139.68	7.08	-95.6	-82.87
Normalized Net Income, 2 Yr. CAGR %	536.31	245.9	-22.85	-41.4	-33.91
Diluted EPS Before Extra, 2 Yr. CAGR %	280.47	138.73	7.27	-95.94	-84.39
Accounts Receivable, 2 Yr. CAGR %	12.38	-8.23	-23.6	-34.76	61.9
Inventory, 2 Yr. CAGR %	-1.96	4.58	10.11	3.24	-1.77
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.74	-1.07	-1.83	0.37	3.15
Total Assets, 2 Yr. CAGR %	1.05	1.73	-3.04	-1.96	3.07
Tangible Book Value, 2 Yr. CAGR %	3.04	11.15	1.16	2.63	4.48
Common Equity, 2 Yr. CAGR %	2.96	10.87	1.14	2.57	4.38
Cash From Operations, 2 Yr. CAGR %	80.14	20.24	-29.67	-15.86	20.79
Capital Expenditures, 2 Yr. CAGR %	-26.38	39.73	15.21	6.07	-3.92
Levered Free Cash Flow, 2 Yr. CAGR %	53.02	-40.52	-56.3	7.39	-42.16
Unlevered Free Cash Flow, 2 Yr. CAGR %	109.6	-30.97	-37.36	-61.81	-41.06
Dividend Per Share, 2 Yr. CAGR %	1.24	422.52	176.88	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	22.06	23.31	8.39	-12.68	-11.77
Gross Profit, 3 Yr. CAGR %	37.85	40.69	6.25	-19.23	-12.81
EBITDA, 3 Yr. CAGR %	27.24	26.17	1.38	-22.94	-19.85
EBITA, 3 Yr. CAGR %	40.24	50.97	4.84	-25.89	-20.9
EBIT, 3 Yr. CAGR %	40.79	51.82	4.7	-26.34	-21.31
Earnings From Cont. Operations, 3 Yr. CAGR %	28.94	182.43	77.04	-53.71	-61.61
Net Income, 3 Yr. CAGR %	23.56	162.75	74.35	-86.61	-69.97
Normalized Net Income, 3 Yr. CAGR %	31.5	222.25	105.01	-33.61	-32.68
Diluted EPS Before Extra, 3 Yr. CAGR %	23.31	161.95	74.15	-87.29	-71.74
Accounts Receivable, 3 Yr. CAGR %	24.58	9.99	-22.44	-23.45	13.24
Inventory, 3 Yr. CAGR %	3.19	2.17	6.12	5.75	1.77
Net Property, Plant and Equip., 3 Yr. CAGR %	0.32	-1.56	-1.54	-0.16	1.24
Total Assets, 3 Yr. CAGR %	2.4	0.45	-0.66	-1.56	0.21
Tangible Book Value, 3 Yr. CAGR %	1.8	5	5.06	4.72	0.82
Common Equity, 3 Yr. CAGR %	1.76	4.88	4.93	4.61	0.8
Cash From Operations, 3 Yr. CAGR %	13.37	37.91	-4	-16.98	-3.71
Capital Expenditures, 3 Yr. CAGR %	-27.15	-13.54	29.54	10.28	0.92
Levered Free Cash Flow, 3 Yr. CAGR %	-7.22	-9.07	-39.84	-27.38	-37.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	3.71	26.36	-25.89	-58.91	-34.07
Dividend Per Share, 3 Yr. CAGR %	2.55	202.9	97.63	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	21.96	18.17	10.24	3.38	0.65
Gross Profit, 5 Yr. CAGR %	49.86	45.71	5.73	11.31	6.24
EBITDA, 5 Yr. CAGR %	30.86	23.47	5.53	0.12	-4.82
EBITA, 5 Yr. CAGR %	54.67	54.05	4.96	10.87	1.04
EBIT, 5 Yr. CAGR %	55.81	55.61	4.97	10.9	0.8
Earnings From Cont. Operations, 5 Yr. CAGR %	34.44	36.89	19.6	16.19	-21.92
Net Income, 5 Yr. CAGR %	79.22	26.76	16.69	-48.83	-31.08
Normalized Net Income, 5 Yr. CAGR %	46.37	93.97	6.24	63.96	30.35
Diluted EPS Before Extra, 5 Yr. CAGR %	30.26	26.46	16.63	-50.51	-33.64
Accounts Receivable, 5 Yr. CAGR %	13.35	8.4	2.45	-10.75	4.11
Inventory, 5 Yr. CAGR %	4.95	6.15	5.9	2.6	2.89
Net Property, Plant and Equip., 5 Yr. CAGR %	4.05	2.1	-0.55	-0.79	0.31
Total Assets, 5 Yr. CAGR %	5.34	3.01	0.19	-0.52	0.81
Tangible Book Value, 5 Yr. CAGR %	1.78	4.1	1.55	4.04	4.83
Common Equity, 5 Yr. CAGR %	1.73	4	1.51	3.95	4.71
Cash From Operations, 5 Yr. CAGR %	25.6	20.6	-6.34	13.18	5.24
Capital Expenditures, 5 Yr. CAGR %	-7.77	-10	-12.49	-6.18	14.95
Levered Free Cash Flow, 5 Yr. CAGR %	37.19	-18.5	-30.88	-1.49	-38.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	46.98	-6.19	-15.23	-21.16	-32.38
Dividend Per Share, 5 Yr. CAGR %	1.2	93.13	52.57	-	-