Freeport-McMoRan Inc. (FCX) Operating Margin: 24.44%
Is Freeport-McMoRan Inc.’s operating margin high or low?
Freeport-McMoRan Inc.'s operating margin of 24.44% is in line with its 5-year average of 26.53%, around the middle of its 5-year range (13.65%–34.95%).
The operating margin for Freeport-McMoRan Inc. (FCX) is 24.44% as of Wednesday, June 10, 2026. It is below its 12-month average by 4.92% (25.70%).
FCX Operating Margin Chart
FCX Average Operating Margin Chart
FCX Current vs Average Operating Margin Chart
FCX Operating Margin Metrics
OPERATING MARGIN
24.44%
OPERATING MARGIN AVG TTM
25.70%
OPERATING MARGIN AVG 3Y
27.64%
OPERATING MARGIN AVG 5Y
26.53%
OPERATING MARGIN AVG 10Y
19.76%
OPERATING MARGIN AVG 15Y
24.37%
OPERATING MARGIN AVG 20Y
28.51%
CURRENT VS TTM AVG
-4.92%
CURRENT VS 3Y AVG
-11.58%
CURRENT VS 5Y AVG
-7.87%
CURRENT VS 10Y AVG
+23.66%
CURRENT VS 15Y AVG
+0.29%
CURRENT VS 20Y AVG
-14.29%
FCX Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | — | 24.44% | 25.70% | 27.64% | 26.53% |
| Newmont Corporation (NEM) | $105.20B | 46.85% | 38.91% | 24.23% | 23.10% |
| The Sherwin-Williams Company (SHW) | $76.59B | 16.14% | 16.21% | 15.41% | 15.09% |
| Ecolab Inc. (ECL) | $74.42B | 18.11% | 17.36% | 15.04% | 14.65% |
| Air Products and Chemicals, Inc. (APD) | $63.01B | -7.29% | 14.81% | 16.96% | 19.20% |
| Nucor Corporation (NUE) | $57.92B | 8.18% | 8.93% | 15.28% | 14.44% |
| Vulcan Materials Company (VMC) | $36.20B | 20.06% | 19.23% | 17.45% | 17.74% |
| DuPont de Nemours, Inc. (DD) | $19.29B | 12.56% | 13.66% | 14.27% | 14.36% |
| Alcoa Corporation (AA) | $19.11B | 7.62% | 8.60% | 7.57% | 9.16% |
| United States Steel Corporation (X) | $12.42B | 1.53% | 6.03% | 12.42% | 7.18% |
Operating Efficiency
Gross Margin
27.0%
Operating Margin
24.4%
Freeport-McMoRan Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Operating Margin FAQ
- What is the operating margin for Freeport-McMoRan Inc. (FCX)?
- The operating margin for FCX stock is 24.44%.
- Is Freeport-McMoRan Inc.'s operating margin high or low?
- Freeport-McMoRan Inc.'s operating margin of 24.44% is in line with its 5-year average of 26.53%, around the middle of its 5-year range (13.65%–34.95%).
- What is the TTM average operating margin for Freeport-McMoRan Inc. (FCX)?
- The TTM average operating margin for FCX stock is 25.70%.
- What is the 3Y average operating margin for Freeport-McMoRan Inc. (FCX)?
- The 3Y average operating margin for FCX stock is 27.64%.
- What is the 5Y average operating margin for Freeport-McMoRan Inc. (FCX)?
- The 5Y average operating margin for FCX stock is 26.53%.
- What is the 10Y average operating margin for Freeport-McMoRan Inc. (FCX)?
- The 10Y average operating margin for FCX stock is 19.76%.
- What is the 15Y average operating margin for Freeport-McMoRan Inc. (FCX)?
- The 15Y average operating margin for FCX stock is 24.37%.
- What is the 20Y average operating margin for Freeport-McMoRan Inc. (FCX)?
- The 20Y average operating margin for FCX stock is 28.51%.
Freeport-McMoRan Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 24.44% |
| 2024-12-31 | 26.97% |
| 2023-12-31 | 26.79% |
| 2022-12-31 | 32.36% |
| 2021-12-31 | 34.95% |
| 2020-12-31 | 13.65% |
| 2019-12-31 | 4.66% |
| 2018-12-31 | 27.46% |
| 2017-12-31 | 21.32% |
| 2016-12-31 | 5.07% |
| 2015-12-31 | -0.26% |
| 2014-12-31 | 21.81% |
| 2013-12-31 | 27.80% |
| 2012-12-31 | 31.59% |
| 2011-12-31 | 45.22% |
| 2010-12-31 | 46.08% |
| 2009-12-31 | 37.97% |
| 2008-12-31 | 29.88% |
| 2007-12-31 | 39.40% |
| 2006-12-31 | 49.54% |
| 2005-12-31 | 52.10% |
| 2004-12-31 | 26.00% |
| 2003-12-31 | 37.22% |
| 2002-12-31 | 33.51% |
| 2001-12-31 | 29.53% |
| 2000-12-31 | 26.45% |
| 1999-12-31 | 30.90% |
| 1998-12-31 | 32.68% |
| 1997-12-31 | 33.20% |
| 1996-12-31 | 33.50% |
Related Metrics
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