Freeport-McMoRan (FCX) ROIC: History & Chart

Name: Freeport-McMoRan Inc. (FCX) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

Compare

Freeport-McMoRan Inc.(FCX)

Copper · Phoenix, AZ

$76.63+0.00 (+0.00%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

Compare

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

29,000 employees

fcx.com

Basic Materials / Copper

Sector: Basic Materials
Industry: Copper
CEO: Kathleen L. Quirk

View full financials

FCX Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

8.80%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

8.44%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

8.19%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

9.54%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

7.44%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

7.41%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

9.46%

CURRENT VS TTM AVG

+4.22%

CURRENT VS 3Y AVG

+7.42%

CURRENT VS 5Y AVG

-7.82%

CURRENT VS 10Y AVG

+18.20%

CURRENT VS 15Y AVG

+18.76%

CURRENT VS 20Y AVG

-7.03%

SECTOR MEDIAN · BASIC MATERIALS

8.91%

median of 54 covered companies

CURRENT VS SECTOR MEDIAN

-1.34%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
Freeport-McMoRan Inc. (FCX)	$110.16B	8.80%	8.44%	8.19%	9.54%
Johnson Controls International plc (JCI)vs ›	$88.66B	9.77%	7.86%	7.37%	6.63%
Newmont Corporation (NEM)vs ›	$133.91B	13.76%	10.18%	6.03%	5.49%
The Sherwin-Williams Company (SHW)vs ›	$79.16B	14.59%	15.02%	14.74%	14.56%
Ecolab Inc. (ECL)vs ›	$78.27B	9.42%	11.92%	10.20%	9.64%
Barrick Mining Corporation (B)vs ›	$73.89B	17.08%	10.16%	7.31%	7.34%
Wheaton Precious Metals Corp. (WPM)vs ›	$70.44B	16.61%	11.24%	9.32%	9.68%
Vale S.A. (VALE)vs ›	$66.36B	8.48%	11.31%	13.87%	16.82%
Air Products and Chemicals, Inc. (APD)vs ›	$66.30B	-1.61%	3.81%	5.62%	6.30%
CRH plc (CRH)vs ›	$60.55B	8.23%	8.61%	8.75%	7.88%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

Freeport-McMoRan Inc. (FCX)

$110.16B

8.80%

8.44%

8.19%

9.54%

Johnson Controls International plc (JCI)vs ›

$88.66B

9.77%

7.86%

7.37%

6.63%

Newmont Corporation (NEM)vs ›

$133.91B

13.76%

10.18%

6.03%

5.49%

The Sherwin-Williams Company (SHW)vs ›

$79.16B

14.59%

15.02%

14.74%

14.56%

Ecolab Inc. (ECL)vs ›

$78.27B

9.42%

11.92%

10.20%

9.64%

Barrick Mining Corporation (B)vs ›

$73.89B

17.08%

10.16%

7.31%

7.34%

Wheaton Precious Metals Corp. (WPM)vs ›

$70.44B

16.61%

11.24%

9.32%

9.68%

Vale S.A. (VALE)vs ›

$66.36B

8.48%

11.31%

13.87%

16.82%

Air Products and Chemicals, Inc. (APD)vs ›

$66.30B

-1.61%

3.81%

5.62%

6.30%

CRH plc (CRH)vs ›

$60.55B

8.23%

8.61%

8.75%

7.88%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?

The return on invested capital (ROIC) for FCX stock is 8.80%.

Is Freeport-McMoRan Inc.'s return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 8.80% is in line with its 5-year average of 9.54%, near the low end of its 5-year range (7.44%–14.83%).

What is the TTM average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?

The TTM average return on invested capital (ROIC) for FCX stock is 8.44%.

What is the 3Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?

The 3Y average return on invested capital (ROIC) for FCX stock is 8.19%.

What is the 5Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?

The 5Y average return on invested capital (ROIC) for FCX stock is 9.54%.

What is the 10Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?

The 10Y average return on invested capital (ROIC) for FCX stock is 7.44%.

What is the 15Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?

The 15Y average return on invested capital (ROIC) for FCX stock is 7.41%.

What is the 20Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?

The 20Y average return on invested capital (ROIC) for FCX stock is 9.46%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-30	8.80%
2026-03-31	9.15%
2025-12-31	7.77%
2025-09-30	8.32%
2025-06-30	8.16%
2025-03-31	7.44%
2024-12-31	8.42%
2024-09-30	8.62%
2024-06-30	8.42%
2024-03-31	8.13%
2023-12-31	7.97%
2023-09-30	7.74%
2023-06-30	7.49%
2023-03-31	9.01%
2022-12-31	11.04%
2022-09-30	12.71%
2022-06-30	14.83%
2022-03-31	14.61%
2021-12-31	12.92%
2021-09-30	10.85%
2021-06-30	7.95%
2021-03-31	5.41%
2020-12-31	2.69%
2020-09-30	1.76%
2020-06-30	1.20%
2020-03-31	0.69%
2019-12-31	0.93%
2019-09-30	1.77%
2019-06-30	3.18%
2019-03-31	5.99%
2018-12-31	8.06%
2018-09-30	11.79%
2018-06-30	11.06%
2018-03-31	9.10%
2017-12-31	6.76%
2017-09-30	4.51%
2017-06-30	4.65%
2017-03-31	2.85%
2016-12-31	-7.45%
2016-09-30	-19.57%
2016-06-30	-31.71%
2016-03-31	-36.29%
2015-12-31	-31.18%
2015-09-30	-27.08%
2015-06-30	-14.99%
2015-03-31	-7.62%
2014-12-31	0.18%
2014-09-30	5.58%
2014-06-30	6.27%
2014-03-31	5.98%
2013-12-31	6.35%
2013-09-30	6.24%
2013-06-30	6.35%
2013-03-31	10.01%
2012-12-31	13.13%
2012-09-30	13.20%
2012-06-30	13.88%
2012-03-31	17.28%
2011-12-31	20.39%
2011-09-30	24.81%
2011-06-30	26.81%
2011-03-31	23.51%
2010-12-31	22.90%
2010-09-30	21.31%
2010-06-30	21.64%
2010-03-31	20.70%
2009-12-31	17.05%
2009-09-30	-61.58%
2009-06-30	-67.43%
2009-03-31	-67.69%
2008-12-31	-62.73%
2008-09-30	11.45%
2008-06-30	12.12%
2008-03-31	12.90%
2007-12-31	10.94%
2007-09-30	10.73%
2007-06-30	8.60%
2007-03-31	5.31%
2006-12-31	37.34%
2006-09-30	38.37%
2006-06-30	35.15%
2006-03-31	31.27%
2005-12-31	27.04%
2005-09-30	22.80%
2005-06-30	17.78%
2005-03-31	13.24%
2004-12-31	8.66%
2004-09-30	4.31%
2004-06-30	6.03%
2004-03-31	8.04%
2003-12-31	10.68%
2003-09-30	12.09%
2003-06-30	10.63%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-30

8.80%

2026-03-31

9.15%

2025-12-31

7.77%

2025-09-30

8.32%

2025-06-30

8.16%

2025-03-31

7.44%

2024-12-31

8.42%

2024-09-30

8.62%

2024-06-30

8.42%

2024-03-31

8.13%

2023-12-31

7.97%

2023-09-30

7.74%

2023-06-30

7.49%

2023-03-31

9.01%

2022-12-31

11.04%

2022-09-30

12.71%

2022-06-30

14.83%

2022-03-31

14.61%

2021-12-31

12.92%

2021-09-30

10.85%

2021-06-30

7.95%

2021-03-31

5.41%

2020-12-31

2.69%

2020-09-30

1.76%

2020-06-30

1.20%

2020-03-31

0.69%

2019-12-31

0.93%

2019-09-30

1.77%

2019-06-30

3.18%

2019-03-31

5.99%

2018-12-31

8.06%

2018-09-30

11.79%

2018-06-30

11.06%

2018-03-31

9.10%

2017-12-31

6.76%

2017-09-30

4.51%

2017-06-30

4.65%

2017-03-31

2.85%

2016-12-31

-7.45%

2016-09-30

-19.57%

2016-06-30

-31.71%

2016-03-31

-36.29%

2015-12-31

-31.18%

2015-09-30

-27.08%

2015-06-30

-14.99%

2015-03-31

-7.62%

2014-12-31

0.18%

2014-09-30

5.58%

2014-06-30

6.27%

2014-03-31

5.98%

2013-12-31

6.35%

2013-09-30

6.24%

2013-06-30

6.35%

2013-03-31

10.01%

2012-12-31

13.13%

2012-09-30

13.20%

2012-06-30

13.88%

2012-03-31

17.28%

2011-12-31

20.39%

2011-09-30

24.81%

2011-06-30

26.81%

2011-03-31

23.51%

2010-12-31

22.90%

2010-09-30

21.31%

2010-06-30

21.64%

2010-03-31

20.70%

2009-12-31

17.05%

2009-09-30

-61.58%

2009-06-30

-67.43%

2009-03-31

-67.69%

2008-12-31

-62.73%

2008-09-30

11.45%

2008-06-30

12.12%

2008-03-31

12.90%

2007-12-31

10.94%

2007-09-30

10.73%

2007-06-30

8.60%

2007-03-31

5.31%

2006-12-31

37.34%

2006-09-30

38.37%

2006-06-30

35.15%

2006-03-31

31.27%

2005-12-31

27.04%

2005-09-30

22.80%

2005-06-30

17.78%

2005-03-31

13.24%

2004-12-31

8.66%

2004-09-30

4.31%

2004-06-30

6.03%

2004-03-31

8.04%

2003-12-31

10.68%

2003-09-30

12.09%

2003-06-30

10.63%

Return on Invested Capital (ROIC): 8.80%

FCX Return on Invested Capital (ROIC)

FCX Average Return on Invested Capital (ROIC) Chart

FCX Current vs Average Return on Invested Capital (ROIC) Chart

FCX Return on Invested Capital (ROIC) Metrics

FCX Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

FCX Return on Invested Capital (ROIC) History

Related Metrics