Your Best Stock
Stocks › Copper › FCX

Freeport-McMoRan FCX

US equityMarket cap rank #153Copper
$72.07
−$0.51 (-0.70%)
Market open · Sep 24, 2:00 pm ET
After hours $72.40 -0.25%
Open$71.69
Prev close$72.58
Day range$71.00 – $72.69
Volume5.06M
Market cap$103.49B
P/E (TTM)35.3
Dividend yield0.83%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$7.03B-7.3% YoY
Operating profit$1.99B-18.4% YoY
Net profit$1.39B-10.1% YoY
Diluted EPS$0.68+28.3% YoY
Free cash flow$944.00M+1.1% YoY
Operating cash flow$2.05B

Revenue, last 8 quarters

$6.8BSep '24$5.7BDec '24$5.7BMar '25$7.6BJun '25$7.0BSep '25$5.6BDec '25$6.2BMar '26$7.0BJun '26

Net profit, last 8 quarters

$1.2BSep '24$721.0MDec '24$793.0MMar '25$1.5BJun '25$1.2BSep '25$565.0MDec '25$1.4BMar '26$1.4BJun '26

Diluted EPS by quarter

0.36Sep '240.19Dec '240.24Mar '250.53Jun '250.46Sep '250.28Dec '250.61Mar '260.68Jun '26

Free cash flow by quarter

$673.0MSep '24$197.0MDec '24$-114.0MMar '25$934.0MJun '25$608.0MSep '25$-312.0MDec '25$522.0MMar '26$944.0MJun '26

Annual revenue

$14.2BFY20$22.8BFY21$22.8BFY22$22.9BFY23$25.5BFY24$25.9BFY25

Profitability & balance sheet

Gross margin27.1%
Operating margin23.9%
Net margin11.4%
Return on equity15.4%
Return on assets5.1%
Return on invested capital11.2%
Current ratio2.07
Liabilities / assets46.1%
Cash & investments$4.08B
Total debt$10.36B
Net cash (debt)-$6.28B
Free cash flow / sales6.8%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • United States Rod & Refining$2.24B 24.7%
  • United States Copper Mines - Other$1.53B 16.9%
  • Cerro Verde$1.49B 16.4%
  • Indonesia Operations$1.48B 16.4%
  • Atlantic Copper Smelting & Refining$1.03B 11.4%
  • Morenci$756.00M 8.4%
  • South America Operations - Other$323.00M 3.6%
  • Molybdenum Mines$204.00M 2.3%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $7.03B $6.23B $25.92B $5.63B $6.97B
Total Operating Revenue $7.03B $6.23B $25.92B $5.63B $6.97B
Cost of Revenue $4.84B $4.58B $18.62B $4.62B $4.83B
Gross Profit $2.19B $1.66B $7.30B $1.02B $2.14B
Operating Expense $201.00M $217.00M $795.00M $206.00M $186.00M
Selling and Admin Expenses $135.00M $162.00M $545.00M $133.00M $131.00M
Other Operating Expenses $66.00M $55.00M $250.00M $73.00M $55.00M
Operating Profit $1.99B $1.44B $6.50B $811.00M $1.96B
Net Non-Operating Interest Income (Expense) -$95.00M -$114.00M -$369.00M -$110.00M -$107.00M
Non-Operating Interest Expense $95.00M $114.00M $369.00M $110.00M $107.00M
Other Income (Expense) $40.00M $710.00M $239.00M $65.00M $75.00M
Special Income (Charges) $18.00M $699.00M $16.00M $0.00 $16.00M
-Gain on Sale of Property/Plant/Equipment $18.00M – $16.00M $0.00 $16.00M
Other Non-Operating Income (Expenses) $22.00M $11.00M $223.00M $65.00M $59.00M
Pretax Profit $1.93B $2.03B $6.37B $766.00M $1.92B
Tax $544.00M $653.00M $2.22B $202.00M $669.00M
Earnings from Equity Interest Net of Tax $5.00M $6.00M $1.00M $1.00M -$8.00M
Net Profit $1.39B $1.39B $4.15B $565.00M $1.25B
Profit from Continuing Operations $1.39B $1.39B $4.15B $565.00M $1.25B
Minority Interests $407.00M $506.00M $1.95B $159.00M $573.00M
Net Income to Parent Company $984.00M $881.00M $2.20B $406.00M $674.00M
Net Income to Common Stockholders $984.00M $881.00M $2.20B $406.00M $674.00M
Basic EPS $0.68 $0.61 $1.53 $0.28 $0.46
Diluted EPS $0.68 $0.61 $1.52 $0.28 $0.46
Dividend Per Share $0.15 $0.15 $0.60 $0.15 $0.15
-Less:Other Special Charges – -$699.00M – – –

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $59.73B $58.84B $58.17B $58.17B $56.83B
Total Current Assets $14.17B $14.09B $13.79B $13.79B $13.56B
Cash and Cash Equivalents & Short-Term Investments $4.08B $3.74B $3.82B $3.82B $4.32B
-Cash and Cash Equivalents $4.08B $3.74B $3.82B $3.82B $4.32B
Receivables $1.37B $2.05B $1.66B $1.66B $1.46B
-Accounts Receivable $716.00M $681.00M $977.00M $977.00M $916.00M
-Taxes Receivable $654.00M $666.00M $686.00M $686.00M $548.00M
Inventory $7.86B $7.42B $7.49B $7.49B $7.00B
Restricted Cash $278.00M $280.00M $230.00M $230.00M $230.00M
Other Current Assets $573.00M $609.00M $580.00M $580.00M $554.00M
Total Non-Current Assets $45.56B $44.75B $44.38B $44.38B $43.26B
Net PPE $41.71B $41.10B $40.74B $40.74B $40.26B
Non Current Accounts Receivables $1.07B $832.00M $834.00M $834.00M –
Other Non-Current Assets $2.79B $2.82B $1.90B $1.90B $3.01B
Total Liabilities $27.51B $27.33B $27.40B $27.40B $26.43B
Total Current Liabilities $6.86B $5.91B $6.02B $6.02B $5.53B
Payables $5.31B $5.08B $4.01B $4.01B $4.84B
-Accounts Payable $4.58B $4.14B $2.95B $2.95B $4.10B
-Total Tax Payable $509.00M $725.00M $584.00M $584.00M $528.00M
-Dividends Payable $218.00M $217.00M $219.00M $219.00M $218.00M
Short-Term Debt and Capital Lease Obligation $1.22B $500.00M $569.00M $569.00M $383.00M
-Current Debt $1.22B $500.00M $466.00M $466.00M $383.00M
Current Provisions $327.00M $323.00M $313.00M $313.00M $299.00M
Total Non-Current Liabilities $20.65B $21.42B $21.38B $21.38B $20.91B
Long Term Debt and Capital Lease Obligation $9.14B $9.90B $9.92B $9.92B $8.92B
-Long Term Debt $8.17B $8.91B $8.91B $8.91B $8.92B
-Long Term Capital Lease Obligation $973.00M $987.00M $1.01B $1.01B –
Non-Current Liabilities $5.62B $5.59B $5.54B $5.54B $5.46B
Non-Current Deferred Liabilities $4.66B $4.64B $4.75B $4.75B $4.36B
Other Non-Current Liabilities $1.24B $1.29B $249.00M $249.00M $2.17B
Total Equity $32.22B $31.51B $30.77B $30.77B $30.40B
Stockholders' Equity $20.11B $19.51B $18.90B $18.90B $18.69B
Capital Stock $163.00M $163.00M $163.00M $163.00M $163.00M
-Common Stock $163.00M $163.00M $163.00M $163.00M $163.00M
Additional Paid-In Capital $23.66B $23.71B $23.68B $23.68B $23.66B
Retained Earnings $2.82B $2.05B $1.39B $1.39B $1.20B
Less: Treasury Stock $6.23B $6.12B $6.02B $6.02B $6.02B
Gains/Losses Not Affecting Retained Earnings -$303.00M -$304.00M -$305.00M -$305.00M -$310.00M
Minority Interests $12.11B $12.01B $11.87B $11.87B $11.71B
-Other Receivables – $699.00M – – –
-Gross PPE – – $66.43B $66.43B –
-Accumulated Depreciation – – -$25.69B -$25.69B –
Investments and Advances – – $477.00M $477.00M –
-Available for Sale Securities – – $125.00M $125.00M –
-Long Term Equity Investment – – $352.00M $352.00M –
Goodwill and Other Intangible Assets – – $432.00M $432.00M –
-Other Intangible Assets – – $432.00M $432.00M –
-Other Payable – – $262.00M $262.00M –
Current Accrued Expenses – – $870.00M $870.00M –
-Current Capital Lease Obligation – – $103.00M $103.00M –
Current Deferred Liabilities – – $106.00M $106.00M –
Employee Benefits – – $916.00M $916.00M –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $2.05B $1.50B $5.61B $693.00M $1.66B
Net cash flow from continuing operations $2.05B $1.50B $5.61B $693.00M $1.66B
Net Income from Continuing Operations $1.39B $1.39B $4.15B $565.00M $1.25B
Gain/Loss from Continuing Operations -$1.00M $7.00M $25.00M $27.00M -$31.00M
Depreciation & Depletion & Amortization $523.00M $514.00M $2.24B $485.00M $625.00M
Deferred Tax $16.00M $19.00M $247.00M $263.00M -$50.00M
Other Non-Cash Items $680.00M -$639.00M $95.00M $94.00M $17.00M
Change in Working Capital -$596.00M $139.00M -$1.34B -$828.00M -$168.00M
-Change in Receivables -$57.00M $325.00M -$521.00M -$88.00M -$113.00M
-Change in Inventory -$372.00M $201.00M -$709.00M -$596.00M -$51.00M
-Change in Payables and Accrued Expense -$119.00M -$387.00M -$53.00M -$43.00M -$34.00M
-Change in Other Current Assets -$48.00M $0.00 -$55.00M -$101.00M $30.00M
Net cash flow from investing -$1.19B -$985.00M -$4.47B -$1.03B -$1.01B
Net Cash Flow from Continuing Investing Activities -$1.19B -$985.00M -$4.47B -$1.03B -$1.01B
Capital Expenditure -$1.10B -$973.00M -$4.49B -$1.01B -$1.06B
Net Other Investing Changes $19.00M -$12.00M $22.00M -$25.00M $46.00M
Financing Cash Flow -$514.00M -$534.00M -$1.88B -$143.00M -$825.00M
Net Cash Flow from Continuing Financing Activities -$514.00M -$534.00M -$1.88B -$143.00M -$825.00M
Net Issuance Payments Of Debt -$45.00M $26.00M $381.00M $44.00M $60.00M
Net Common Stock Issuance -$110.00M -$93.00M -$107.00M $0.00 $0.00
Cash Dividends Paid -$216.00M -$218.00M -$865.00M -$216.00M -$216.00M
Proceeds from Stock Option Exercised $3.00M $19.00M $12.00M $6.00M $4.00M
Net Other Financing Charges -$146.00M -$268.00M -$1.30B $23.00M -$673.00M
Ending Cash Balance $4.49B $4.15B $4.17B $4.17B $4.65B
Net Change in Cash $342.00M -$24.00M -$738.00M -$480.00M -$171.00M
Beginning Cash Balance $4.15B $4.17B $4.91B $4.65B $4.82B
Free Cash Flow $944.00M $522.00M $1.12B -$312.00M $608.00M
Net Business Purchase and Sale – – $0.00 $0.00 $0.00
Scroll to Top