Freeport-McMoRan Inc. South America — Income Tax Expense (Benefit) increased by 33.8% to $202.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.8%, from $158.00M to $202.00M. Over 3 years (FY 2021 to FY 2024), South America — Income Tax Expense (Benefit) shows a downward trend with a -9.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Changes often reflect fluctuations in regional profitability or shifts in local tax legislation.
The tax provision allocated to the South American segment based on local tax laws and regional earnings. This reflects t...
Standard tax reporting for multinational mining companies with regional operations.
fcx_segment_south_america_income_tax_expense_benefit| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $162.00M | $221.00M | $243.00M | $241.00M | $61.00M | -$15.00M | $166.00M | $194.00M | $113.00M | $131.00M | $74.00M | $103.00M | $214.00M | $158.00M | $129.00M | $193.00M | $151.00M | $202.00M |
| QoQ Change | — | +36.4% | +10.0% | -0.8% | -74.7% | -124.6% | >999% | +16.9% | -41.8% | +15.9% | -43.5% | +39.2% | +107.8% | -26.2% | -18.4% | +49.6% | -21.8% | +33.8% |
| YoY Change | — | — | — | — | -62.3% | -106.8% | -31.7% | -19.5% | +85.2% | +973.3% | -55.4% | -46.9% | +89.4% | +20.6% | +74.3% | +87.4% | -29.4% | +27.8% |