Skip to content
MARKETS / NYSE / FCX
NYSE · METAL MINING · LARGE CAP

Freeport-mcmoran Inc. FCX

19 fiscal years on record · USD · FY2025 reported · SEC filings only
$25.2B
▲ 0.1% YoY
$4.2B
▼ 5.6% YoY
$1.1B
▼ 52.6% YoY
In brief

What this company does

Freeport-McMoRan manages seven copper operations in the United States — Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico — and two molybdenum mines, Henderson and Climax, in Colorado. It also operates a copper smelter and rod mill in Miami, Arizona, and a copper refinery and rod mill in El Paso, Texas. In South America, it manages two copper operations, Cerro Verde in Peru and El Abra in Chile. In Indonesia, PTFI operates in the Grasberg minerals district, which produces gold and silver in addition to copper. Consolidated revenues for 2025 primarily included sales of copper (75%), gold (15%) and molybdenum (8%). For the three years ended December 31, 2025, the only customer that accounted for 10% or more of consolidated revenues was Mitsubishi Materials Corporation, PTFI's joint venture partner in PT Smelting, in 2024. In addition to production from the Henderson and Climax molybdenum mines, it produces molybdenum concentrate at certain of its U.S. copper mines and its Cerro Verde copper mine in Peru.

Written from the business description in Freeport-McMoRan Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 February 2026. Every sentence was checked against that document before publication.

Growth
USD 25.2B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 25.2 · Net income 4.2
10B20B-5B-10B2007201020132016201920222025
Compound annual growth
+2.7%
+12.6%
+5.6%
−2.5%
+36.9%
−1.9%
+17.7%
−4.9%
+0.0%
+8.7%
−4.1%
−22.8%
+67.4%
+4.7%
+0.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +12.6% a year over five years — but profit grew faster: net income at +36.9%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
16 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 25.9% · Net 16.5%
20%40%-50%2007201020132016201920222025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
USD 960.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.1
2B4B-2B2007201020132016201920222025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.9 · Net buybacks 0.1
0.8B1.6B-1.0B-2.0BDividendsNet buybacks2007201020132016201920222025

USD 865.0M in dividends and USD 95.0M in buybacks went back to shareholders.

Total assetsUSD 58.2B
EquityUSD 18.9B
CashUSD 3.8B
Gross debtUSD 9.4B
Net debtUSD 5.6B
Current ratio2.29×

Net debt stands at 29% of equity.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B25.225.222.723.322.413.914.318.915.914.614.620.020.918.020.9····
Operating income $B6.56.96.27.08.42.41.14.83.7−2.7−13.5−0.35.45.89.19.16.5−12.76.6
EBITDA $B8.89.18.39.110.44.02.56.55.4−0.1−10.03.6·······
Income tax $B2.22.52.32.32.30.90.51.00.90.4−2.00.21.51.53.13.02.3−2.82.4
Net income $B4.24.43.84.55.40.9−0.22.92.1−4.0−12.1−0.73.44.05.75.53.5−10.43.8
Free cash flow $B1.12.40.51.75.61.1−1.21.93.30.9−3.1−1.60.90.34.1····
EPS, diluted $····2.900.41−0.171.781.25−3.16−11.31−1.262.643.194.784.572.93−14.867.50
Dividend / sh $0.600.600.600.600.380.000.200.200.000.000.261.252.251.251.501.120.070.691.38
Payout %···················
ROE %···················
Shares out B··············0.940.94···

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 10 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMetal Mining
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

Share this section

Download image