Freeport-McMoRan Inc. (FCX)

FCX Financials

FCX Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Gross Profit	7.345B	1.655B	1.017B	2.087B	2.586B	1.255B	1.498B	1.984B	1.963B
Revenue	26.421B	6.234B	5.633B	6.972B	7.582B	5.554B	5.880B	6.680B	6.370B
Cost of Goods Sold	19.076B	4.579B	4.616B	4.885B	4.996B	4.299B	4.382B	4.696B	4.407B
Gross Profit Margin	26.5%	26.5%	18.1%	29.9%	34.1%	22.6%	25.5%	29.7%	30.8%
Total Operating Expenses	9.000M	-482.000M	206.000M	131.000M	154.000M	164.000M	141.000M	137.000M	151.000M
Research & Development	38.000M	38.000M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	553.000M	162.000M	133.000M	131.000M	127.000M	154.000M	129.000M	117.000M	123.000M
Operating Income (EBIT)	7.336B	2.137B	811.000M	1.956B	2.432B	1.091B	1.357B	1.847B	1.812B
Operating Margin	34.3%	34.3%	14.4%	28.1%	32.1%	19.6%	23.1%	27.6%	28.4%
Income Before Tax (EBT)	7.113B	2.034B	766.000M	1.916B	2.397B	1.293B	1.241B	1.973B	2.034B
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	413.000M	114.000M	110.000M	107.000M	82.000M	70.000M	70.000M	72.000M	88.000M
Other Income/Expense	-223.000M	-103.000M	-45.000M	-40.000M	-35.000M	202.000M	-116.000M	126.000M	222.000M
Net Income	2.733B	881.000M	406.000M	674.000M	772.000M	346.000M	274.000M	520.000M	610.000M
Income Tax Expense	2.374B	653.000M	202.000M	669.000M	850.000M	500.000M	520.000M	737.000M	754.000M
Net Profit Margin	14.1%	14.1%	7.2%	9.7%	10.2%	6.2%	4.7%	7.8%	9.6%
EBITDA	9.592B	2.662B	1.141B	2.648B	3.141B	1.827B	1.847B	2.635B	2.627B
EBITDA Margin	42.7%	42.7%	20.3%	38.0%	41.4%	32.9%	31.4%	39.4%	41.2%
Depreciation & Amortization	2.292B	514.000M	485.000M	625.000M	668.000M	466.000M	537.000M	600.000M	509.000M
EPS Basic	1.88	0.61	0.28	0.46	0.53	0.24	0.19	0.36	0.42
EPS Diluted	1.89	0.61	0.28	0.47	0.53	0.24	0.19	0.36	0.42
Shares Outstanding	1.444B	1.444B	1.443B	1.443B	1.444B	1.444B	1.437B	1.444B	1.436B
Diluted Shares Outstanding	1.444B	1.444B	1.443B	1.443B	1.444B	1.444B	1.445B	1.444B	1.445B

FCX Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Gross Profit	6.945B	7.503B	6.881B	8.093B	8.287B	2.406B	1.188B	5.741B
Revenue	25.741B	25.455B	22.707B	23.334B	22.357B	13.872B	14.356B	18.967B
Cost of Goods Sold	18.796B	17.952B	15.826B	15.241B	14.070B	11.466B	13.168B	13.226B
Gross Profit Margin	27.0%	29.5%	30.3%	34.7%	37.1%	17.3%	8.3%	30.3%
Total Operating Expenses	655.000M	640.000M	798.000M	541.000M	474.000M	513.000M	519.000M	532.000M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	545.000M	513.000M	479.000M	420.000M	383.000M	354.000M	414.000M	443.000M
Operating Income (EBIT)	6.290B	6.864B	6.083B	7.552B	7.813B	1.893B	669.000M	5.209B
Operating Margin	24.4%	27.0%	26.8%	32.4%	34.9%	13.6%	4.7%	27.5%
Income Before Tax (EBT)	6.372B	6.922B	6.021B	6.746B	7.664B	1.809B	318.000M	3.900B
Interest Income	—	—	—	—	—	—	—	—
Interest Expense	369.000M	319.000M	515.000M	560.000M	602.000M	598.000M	532.000M	575.000M
Other Income/Expense	82.000M	58.000M	-62.000M	-806.000M	-149.000M	-84.000M	-351.000M	-1.309B
Net Income	2.204B	1.883B	1.842B	3.461B	4.299B	596.000M	-245.000M	2.613B
Income Tax Expense	2.221B	2.523B	2.270B	2.267B	2.299B	944.000M	510.000M	991.000M
Net Profit Margin	8.6%	7.4%	8.1%	14.8%	19.2%	4.3%	-1.7%	13.8%
EBITDA	8.757B	9.467B	8.589B	9.294B	10.259B	3.923B	2.250B	6.221B
EBITDA Margin	34.0%	37.2%	37.8%	39.8%	45.9%	28.3%	15.7%	32.8%
Depreciation & Amortization	2.244B	2.241B	2.068B	2.019B	1.998B	1.528B	1.412B	1.754B
EPS Basic	1.53	1.31	1.28	2.40	2.93	0.41	-0.17	1.80
EPS Diluted	1.52	1.30	1.28	2.39	2.90	0.41	-0.17	1.79
Shares Outstanding	1.443B	1.445B	1.434B	1.441B	1.466B	1.453B	1.451B	1.449B
Diluted Shares Outstanding	1.443B	1.445B	1.443B	1.451B	1.482B	1.461B	1.451B	1.458B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Freeport-McMoRan Inc.

Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.

Phoenix, AZ

28,500 employees

fcx.com

Basic Materials / Copper

Sector: Basic Materials
Industry: Copper
CEO: Kathleen Lynne Quirk

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