Freeport-McMoRan (FCX) financials
Freeport-McMoRan revenue and earnings by year
Freeport-McMoRan's revenue was $25.9 billion in the fiscal year to December 31, 2025, up 1.8% from the year before. Net income was $2.20 billion, 8.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.9 | 25.5 | 22.9 | 22.8 | 22.8 | 14.2 | 14.4 | 18.6 | 16.4 | 14.8 |
| Revenue growth | 1.8% | 11.4% | 0.3% | -0.3% | 60.9% | -1.4% | -22.7% | 13.6% | 10.6% | — |
| Gross profit | 7.3 | 7.7 | 7.2 | 7.7 | 8.8 | 2.5 | 1.3 | 5.2 | 4.4 | -2.7 |
| Gross margin | 28.2% | 30.1% | 31.3% | 33.8% | 38.6% | 17.9% | 8.9% | 27.7% | 27.0% | -18.2% |
| Operating income | 6.5 | 6.9 | 6.2 | 7.0 | 8.4 | 2.4 | 1.1 | 4.8 | 3.7 | -2.7 |
| Operating margin | 25.2% | 27.0% | 27.2% | 30.9% | 36.6% | 17.2% | 7.6% | 25.5% | 22.5% | -18.4% |
| Net income | 2.2 | 1.9 | 1.8 | 3.5 | 4.3 | 0.6 | -0.2 | 2.6 | 1.8 | -4.3 |
| Net margin | 8.5% | 7.4% | 8.1% | 15.2% | 18.8% | 4.2% | -1.7% | 14.0% | 11.1% | -28.7% |
| Diluted EPS | $1.51 | $1.29 | $1.27 | $2.38 | $2.90 | $0.41 | -$0.18 | $1.77 | $1.24 | -$3.28 |
| Free cash flow | 1.6 | 2.7 | 0.7 | 1.9 | 5.9 | 1.8 | -0.5 | 2.0 | 3.5 | 0.3 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FCX in Markets.
How Freeport-McMoRan makes money
Revenue by segment in the quarter to March 31, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Rod & Refining | $2.06B | 32.9% |
| Cerro Verde | $1.38B | 22.1% |
| Grasberg | $1.07B | 17.1% |
| Atlantic Copper Smelting & Refining | $969M | 15.5% |
| Morenci | $776M | 12.4% |
See also: FCX valuation and P/E history · FCX returns
No forecast, no recommendation. This page describes Freeport-McMoRan from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.