Tax

Income Tax

Freeport-McMoRan Inc. Income Tax decreased by 69.8% to $202.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 61.2%, from $520.00M to $202.00M. Over 4 years (FY 2021 to FY 2025), Income Tax shows relatively stable performance with a -0.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.

Detailed definition

The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...

Peer comparison

Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.

Metric ID: is_income_tax_expense

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$603.00M$628.00M$625.00M$824.00M$571.00M$315.00M$557.00M$499.00M$539.00M$508.00M$724.00M$512.00M$754.00M$737.00M$520.00M$500.00M$850.00M$669.00M$202.00M
QoQ Change+4.1%-0.5%+31.8%-30.7%-44.8%+76.8%-10.4%+8.0%-5.8%+42.5%-29.3%+47.3%-2.3%-29.4%-3.8%+70.0%-21.3%-69.8%
YoY Change-5.3%-49.8%-10.9%-39.4%-5.6%+61.3%+30.0%+2.6%+39.9%+45.1%-28.2%-2.3%+12.7%-9.2%-61.2%
Range$202.00M$850.00M
CAGR-21.6%
Avg YoY Growth-1.4%
Median YoY Growth-5.3%
Current Streak2 quarters decline

Business Segments

View all
SegmentQ4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Atlantic Copper Smelting And Refining$0.00-$13.00M$1.00M$1.00M$0.00$10.00M$2.00M-$3.00M
Molybdenum$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Rod And Refining$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Total$724.00M$512.00M$754.00M$737.00M$520.00M$500.00M$850.00M$669.00M

Income Tax at Other Companies

Frequently Asked Questions

What is Freeport-McMoRan Inc.'s income tax?
Freeport-McMoRan Inc. (FCX) reported income tax of $202.00M in Q4 2025.
How has Freeport-McMoRan Inc.'s income tax changed year-over-year?
Freeport-McMoRan Inc.'s income tax decreased by 61.2% year-over-year, from $520.00M to $202.00M.
What is the long-term trend for Freeport-McMoRan Inc.'s income tax?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s income tax has grown at a -0.9% compound annual growth rate (CAGR), from $2.30B to $2.22B.
What does income tax mean?
The amount of money a company sets aside to pay its corporate income taxes.