Freeport-McMoRan Inc. (FCX) Tax Rate: 34.86%
Is Freeport-McMoRan Inc.’s tax rate high or low?
Freeport-McMoRan Inc.'s tax rate of 34.86% is in line with its 5-year average of 37.47%, near the low end of its 5-year range (30.00%–52.18%).
The tax rate for Freeport-McMoRan Inc. (FCX) is 34.86%. It is below its 12-month average by 2.23% (35.66%).
FCX Tax Rate Chart
FCX Average Tax Rate Chart
FCX Current vs Average Tax Rate Chart
FCX Tax Rate Metrics
TAX RATE
34.86%
TAX RATE AVG TTM
35.66%
TAX RATE AVG 3Y
35.66%
TAX RATE AVG 5Y
37.47%
TAX RATE AVG 10Y
40.36%
TAX RATE AVG 15Y
30.90%
TAX RATE AVG 20Y
32.47%
CURRENT VS TTM AVG
-2.23%
CURRENT VS 3Y AVG
-2.23%
CURRENT VS 5Y AVG
-6.96%
CURRENT VS 10Y AVG
-13.64%
CURRENT VS 15Y AVG
+12.80%
CURRENT VS 20Y AVG
+7.35%
Freeport-McMoRan Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Tax Rate FAQ
- What is the tax rate for Freeport-McMoRan Inc. (FCX)?
- The tax rate for FCX stock is 34.86%.
- Is Freeport-McMoRan Inc.'s tax rate high or low?
- Freeport-McMoRan Inc.'s tax rate of 34.86% is in line with its 5-year average of 37.47%, near the low end of its 5-year range (30.00%–52.18%).
- What is the TTM average tax rate for Freeport-McMoRan Inc. (FCX)?
- The TTM average tax rate for FCX stock is 35.66%.
- What is the 3Y average tax rate for Freeport-McMoRan Inc. (FCX)?
- The 3Y average tax rate for FCX stock is 35.66%.
- What is the 5Y average tax rate for Freeport-McMoRan Inc. (FCX)?
- The 5Y average tax rate for FCX stock is 37.47%.
- What is the 10Y average tax rate for Freeport-McMoRan Inc. (FCX)?
- The 10Y average tax rate for FCX stock is 40.36%.
- What is the 15Y average tax rate for Freeport-McMoRan Inc. (FCX)?
- The 15Y average tax rate for FCX stock is 30.90%.
- What is the 20Y average tax rate for Freeport-McMoRan Inc. (FCX)?
- The 20Y average tax rate for FCX stock is 32.47%.
Freeport-McMoRan Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 34.86% |
| 2024-12-31 | 36.45% |
| 2023-12-31 | 37.70% |
| 2022-12-31 | 33.61% |
| 2021-12-31 | 30.00% |
| 2020-12-31 | 52.18% |
| 2019-12-31 | 160.38% |
| 2018-12-31 | 25.41% |
| 2017-12-31 | 30.32% |
| 2016-12-31 | -10.72% |
| 2015-12-31 | 13.81% |
| 2014-12-31 | -76.96% |
| 2013-12-31 | 30.00% |
| 2012-12-31 | 27.50% |
| 2011-12-31 | 34.94% |
| 2010-12-31 | 34.98% |
| 2009-12-31 | 39.50% |
| 2008-12-31 | 21.39% |
| 2007-12-31 | 39.13% |
| 2006-12-31 | 42.51% |
| 2005-12-31 | 44.92% |
| 2004-12-31 | 57.57% |
| 2003-12-31 | 57.91% |
| 2002-12-31 | 59.42% |
| 2001-12-31 | 56.58% |
| 2000-12-31 | 67.46% |
| 1999-12-31 | 58.91% |
| 1998-12-31 | 52.59% |
| 1997-12-31 | 48.55% |
| 1996-12-31 | 52.22% |
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