Freeport-McMoRan Inc. Total Operating Expenses decreased by 3.6% to $4.82B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.7%, from $4.48B to $4.82B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 7.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
is_total_operating_expenses| 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 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.68B | $3.62B | $3.86B | $3.79B | $3.68B | $4.04B | $4.23B | $3.79B | $4.33B | $4.33B | $4.18B | $4.69B | $4.58B | $4.85B | $4.48B | $4.43B | $5.15B | $5.00B | $4.82B |
| QoQ Change | — | -1.6% | +6.6% | -1.7% | -3.0% | +9.8% | +4.6% | -10.4% | +14.2% | +0.1% | -3.4% | +12.0% | -2.4% | +6.1% | -7.7% | -1.2% | +16.4% | -2.9% | -3.6% |
| YoY Change | — | — | — | — | -0.0% | +11.6% | +9.6% | -0.2% | +17.6% | +7.2% | -1.1% | +23.7% | +5.7% | +12.0% | +7.0% | -5.6% | +12.6% | +3.1% | +7.7% |