Freeport-McMoRan FCX financials

Materials & Mining ยท Statements and segments from its SEC filings, 2007 to 2025.

Freeport-McMoRan revenue, gross and operating margin, net income, free cash flow, cash and debt by quarter and by fiscal year, and revenue by segment, read from the company's own filings with the US Securities and Exchange Commission. Free to everyone; the Risk & Quality report that scores the company is the paid step.

  • revenue by segment: Grasberg Segment, Rod and Refining Segment, Cerro Verde, Atlantic Copper Smelting and Refining Segment, Morenci, Mining Operations, United States oil and gas operations
  • revenue by product: Copper Cathode, Copper In Concentrates, Refined Copper Products, Gold, Molybdenum, Silver And Other, Purchased Copper, Oil, Other / unallocated
  • revenue by region: United States, Switzerland, Japan, Indonesia, Singapore, United Kingdom, Other, Spain, China, Chile, Germany, France, Egypt, Korea, India, Philippines, South America, North America, Belgium, Bermuda
  • operating income by segment: Grasberg Segment, Cerro Verde, Morenci, Rod and Refining Segment, Atlantic Copper Smelting and Refining Segment, United States oil and gas operations, Mining Operations, Molybdenum

The numbers

Annual figures

LineFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$14.8B$16.4B$18.6B$14.4B$14.2B$22.8B$22.8B$22.9B$25.5B$25.9B
Gross profit-$2.7B*$4.4B*$5.2B*$1.3B*$2.5B*$8.8B*$7.7B*$7.2B*$7.7B*$7.3B*
Operating income-$2.7B$3.7B$4.8B$1.1B$2.4B$8.4B$7B$6.2B$6.9B$6.5B
Net income-$4.2B$1.8B$2.6B-$239M$599M$4.3B$3.5B$1.8B$1.9B$2.2B
EPS (diluted)-$3.16$1.25$1.78-$0.17$0.41$2.90----
Operating cash flow$3.7B$4.7B$3.9B$1.5B$3B$7.7B$5.1B$5.3B$7.2B$5.6B
Free cash flow$924M*$3.3B*$1.9B*-$1.2B*$1.1B*$5.6B*$1.7B*$455M*$2.4B*$1.1B*
Cash & equivalents$4.2B$4.5B$4.2B$2B$3.7B$8.1B$8.1B$4.8B$3.9B$3.8B
Total debt$2.2B$11.8B$11.1B$9.8B$9.7B$9.5B$10.6B$9.4B$8.9B$9.4B
Gross margin-18.2%27.0%27.7%8.9%17.9%38.6%33.8%31.3%30.1%28.2%
Operating margin-18.4%22.5%25.5%7.6%17.2%36.6%30.9%27.2%27.0%25.2%
Net margin-28.0%11.1%14.0%-1.7%4.2%18.8%15.2%8.1%7.4%8.5%

Latest quarters

LineQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$6.8B$5.7B*$5.7B$7.6B$7B$5.6B*$6.2B$7B
Gross profit$2.1B*$1.4B*$1.5B*$2.6B*$2.1B*$1B*$1.7B*$2.2B*
Operating income$1.9B$1.2B*$1.3B$2.4B$2B$811M*$2.1B$2B
Net income$526M$274M*$352M$772M$674M$406M*$881M$984M
EPS (diluted)$0.36-$0.24$0.53$0.46-$0.61$0.68
Operating cash flow$1.9B*$1.4B*$1.1B$2.2B*$1.7B*$693M*$1.5B$2B*
Free cash flow$673M*$197M*-$114M*$934M*$608M*-$312M*$522M*-
Cash & equivalents$5B$3.9B$4.4B$4.5B$4.3B$3.8B$3.7B$4.1B
Total debt$9.7B$8.9B$9.4B$9.3B*$9.3B*$9.4B$9.4B$9.4B
Gross margin31.1%24.9%26.3%34.7%30.7%18.1%26.5%31.1%
Operating margin28.5%21.7%22.7%32.1%28.3%14.4%34.3%28.5%
Net margin7.7%4.8%6.1%10.2%9.7%7.2%14.1%14.0%

Revenue by segment

LineFY2014FY2015FY2016FY2023FY2024FY2025
Grasberg Segment---$8.4B$10.3B$8.6B
Rod and Refining Segment---$5.9B$6.2B$6.9B
Cerro Verde---$4.1B$4.3B$4.7B
Atlantic Copper Smelting and Refining Segment---$2.8B$3B$3.2B
Morenci---$2.4B$2.3B$2.6B
Mining Operations$15.3B$12.6B$13.3B---
United States oil and gas operations$4.7B$2B$1.5B---

Revenue by product

LineFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Copper Cathode-$3.8B$4.4B$3.7B$4.2B$5.9B$5.1B$6.6B$8.3B$8.1B
Copper In Concentrates$4.5B$5.6B$6.2B$4.6B$4.3B$8.7B$9.7B$7.1B$6.7B$6.3B
Refined Copper Products$5.9B$2.4B$2.4B$2.1B$2.1B$3.4B$3.7B$3.7B$3.9B$4.4B
Gold$1.5B$2.1B$3.2B$1.6B$1.7B$2.6B$3.4B$3.5B$4.4B$3.9B
Molybdenum$651M$896M$1.2B$1.2B$848M$1.3B$1.4B$2B$1.8B$2B
Silver And Other$973M$1.2B$1.5B$905M$592M$821M$688M$600M$646M$749M
Purchased Copper-$789M$1.1B$1.1B$821M$757M$481M$452M$684M$449M
Oil$1.3B---------

Revenue by region

LineFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
United States$5.9B$5.3B$5.8B$5.1B$5.2B$7.2B$7.3B$7.3B$7.8B$9B
Switzerland$1.1B$1.2B$2.9B$2.2B$2B$3.7B$2.7B$4B$4.3B$5.3B
Japan$1.4B$1.9B$1.9B$1.2B$1.2B$2.4B$2.5B$3.4B$5.9B$2.9B
Indonesia$1.4B$2B$2.2B$1.9B$1.8B$3.1B$3B$767M$1.1B$2.2B
Singapore----$191M$156M$1.5B$1.2B$1.1B$1.2B
United Kingdom$204M$226M$296M$233M$491M$659M$355M$171M$115M$1.1B
Other$1.3B$1.2B$1.3B$1.1B$1.1B$1.6B$1.4B$1.1B$1.1B$1B
Spain$878M$1.1B$1.1B$884M$785M$1.5B$1.2B$1.3B$1.1B$723M
China$1.1B$1.1B$873M$531M$692M$1B$929M$1.1B$743M$636M
Chile$250M$248M$294M$242M$221M$343M$383M$428M$451M$471M
Germany-$161M$256M$311M$248M$469M$632M$714M$500M$332M
France-$122M$255M$198M---$226M$306M$315M
Egypt-------$229M$239M$261M
Korea$219M$364M$269M$140M$89M$270M$302M$267M$203M$193M
India$553M$782M$389M$107M$152M$207M$330M$354M$273M$163M
Philippines$261M$378M$221M$73M$34M$264M$249M$396M$283M$3M
South America$2.8B$3.3B$3.3B$3.1B$2.7B$4.5B$4.2B---
North America$684M$408M$144M$367M$77M$262M$428M---
Belgium-$39M$278M$160M------
Bermuda$273M$226M$207M$38M------

Operating income by segment

LineFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Grasberg Segment-------$4.7B$5.6B$3.8B
Cerro Verde-------$1.2B$1.3B$1.8B
Morenci-------$502M$315M$607M
Rod and Refining Segment$16M$5M$6M-$1M-$25M-$1M-$23M$20M$29M$31M
Atlantic Copper Smelting and Refining Segment$72M$20M$36M$49M$25M$21M-$61M$36M$49M$11M
United States oil and gas operations-$5.7B---------
Mining Operations$3.2B---------
Molybdenum-$96M-$35M$42M-$67M-$75M$123M$132M---

* derived: a fourth quarter as the year less the three filed quarters, or a remainder as the total less the parts. All other figures are as filed.

About this page

Every figure on this page is read from Freeport-McMoRan's own SEC filings: the statement lines from the SEC's XBRL company-facts feed, the revenue splits from the segment and revenue notes of each 10-K and 10-Q. Nothing is typed in or estimated. The cache refreshes daily.

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