Income StatementBalance SheetCash FlowSegments
Freeport-McMoRan Inc. logo

Freeport-McMoRan Inc. Cash Flow Statement

Operating, investing, and financing cash movements

Freeport-McMoRan Inc. generated $6.0B in operating cash flow over the trailing twelve months. After $4.3B in capital expenditures, free cash flow was $2.0B. Free cash flow decreased 0.2% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$6.0BNet Cash From Investing (TTM)-$4.3BNet Cash From Financing (TTM)-$2.6BCapital Expenditures (TTM)$4.3BDepreciation And Amortization Cf (TTM)$2.3BNet Change In Cash (TTM)-$799.0M
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$89.1B
P/E Ratio18.78
ROE25.52%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Origination of notes receivable from related parties$7.0M$0.0$0.0$0.0$0.0—
Capital expenditures$1.2B$1.2B$1.3B$1.1B$1.0B$973.0M
Payment for (Proceeds from) Other Investing Activity-$8.0M$4.0M-$5.0M-$21.0M$0.0$12.0M
Net cash from investing activities-$1.2B-$1.2B-$1.3B-$1.0B-$1.0B-$985.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$222.0M$2.0M$426.0M—$519.0M-$671.0M
Change in inventories$337.0M$143.0M—$51.0M$596.0M-$201.0M
Other working capital changes$39.0M$4.0M-$23.0M-$2.0M$44.0M$28.0M
Change in receivables-$367.0M$215.0M$105.0M$113.0M$88.0M-$325.0M
Deferred income taxes-$112.0M$26.0M$8.0M-$50.0M$263.0M$19.0M
Depreciation and amortization$537.0M$466.0M$668.0M$625.0M$485.0M$514.0M
Pension and Other Postretirement Benefits Expense Reversal$6.0M$14.0M$15.0M$14.0M$19.0M$12.0M
Net cash from operating activities$1.4B$1.1B$2.2B$1.7B$693.0M$1.5B
Net income$721.0M$793.0M$1.5B$1.2B$565.0M$1.4B
Charges for PT Freeport Indonesia’s (PTFI) social investment programs$25.8M$21.5M$21.5M$21.5M$21.5M—
Income and other taxes—$35.0M-$439.0M—-$562.0M$284.0M
Increase (Decrease) in Other Current Assets$17.0M-$24.0M$8.0M-$30.0M$101.0M$0.0
Increase (Decrease) in Environmental And Asset Retirement Obligations$240.0M$49.0M$67.0M$50.0M$125.0M$71.0M
Payments For Insurance Settlements—$0.0———$699.0M
Payments For Social Investment Programs$4.0M$13.0M$28.0M$3.0M$21.0M$12.0M
Payments for environmental and asset retirement obligations$77.0M$50.0M$63.0M$64.0M$67.0M$38.0M
Payment for Pension and Other Postretirement Benefits$20.0M$3.0M$6.0M$20.0M$8.0M$5.0M
Pension and other postretirement income$6.0M$14.0M$15.0M$14.0M$19.0M$12.0M
Charges for social investment programs at PT Freeport Indonesia—$15.0M$35.0M$27.0M—$11.0M
Changes in deferred profit on PTFI sales to PT Smelting$0.0$0.0$0.0$0.0$0.0—
Stock-based compensation$15.0M$54.0M$20.0M$24.0M$23.0M$68.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Distributions to noncontrolling interests$564.0M$0.0$625.0M$649.0M$0.0$225.0M
Dividends paid$216.0M$218.0M$215.0M$216.0M$216.0M$218.0M
Finance Lease, Principal Payments$3.0M$3.0M$12.0M$9.0M$13.0M$9.0M
Proceeds from issuances of debt$303.0M$1.1B$542.0M$550.0M$1.0B$1.1B
Repayments of Debt$1.0B$636.0M$702.0M$505.0M$934.0M$1.1B
Finance lease prepayments$3.0M$3.0M$12.0M$9.0M$13.0M$9.0M
Net cash from financing activities-$1.5B$155.0M-$1.1B-$825.0M-$143.0M-$534.0M
Proceeds from issuance of common stock—$1.0M$1.0M$4.0M—$19.0M
Repurchases of common stock$0.0$55.0M$52.0M——$93.0M
Taxes paid for net share settlement—$22.0M——$1.0M$43.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$197.0M-$114.0M$934.0M$608.0M—$522.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash-$1.3B$37.0M-$124.0M-$171.0M-$480.0M-$24.0M