Freeport-McMoRan Inc. (FCX) Net Income
The annual net income for Freeport-McMoRan Inc. (FCX) is $2.20 Billion with a year-over-year change of +17.05%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$2.20B
$2.20 Billion
Year-over-Year Change
+17.05%
vs. $1.88B prior year
Net Income CAGR
+8.74%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+56.22%
3 Year
+1.82%
5 Year
+8.74%
10 Year
+1.62%
15 Year
(3.80%)
20 Year
+4.58%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $2.20B | +$321.00M | +17.05% |
| 2024 | $1.88B | +$41.00M | +2.23% |
| 2023 | $1.84B | ($1.62B) | (46.78%) |
| 2022 | $3.46B | ($838.00M) | (19.49%) |
| 2021 | $4.30B | +$3.70B | +621.31% |
| 2020 | $596.00M | +$841.00M | — |
| 2019 | ($245.00M) | ($2.86B) | (109.38%) |
| 2018 | $2.61B | +$857.00M | +48.80% |
| 2017 | $1.76B | +$5.71B | — |
| 2016 | ($3.96B) | +$8.28B | — |
Net Income Growth Summary
TTM Growth
+56.22%
3-Year Avg Growth
+1.82%
5-Year Avg Growth
+8.74%
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.
- Sector
- Basic Materials
- Industry
- Copper
- CEO
- Kathleen Lynne Quirk