Operating Expenses

Total Operating Expenses

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.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

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...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: is_total_operating_expenses

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$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%
Range$3.62B$5.15B
CAGR+6.2%
Avg YoY Growth+7.4%
Median YoY Growth+7.2%
Current Streak2 quarters decline

Total Operating Expenses at Other Companies

Frequently Asked Questions

What is Freeport-McMoRan Inc.'s total operating expenses?
Freeport-McMoRan Inc. (FCX) reported total operating expenses of $4.82B in Q4 2025.
How has Freeport-McMoRan Inc.'s total operating expenses changed year-over-year?
Freeport-McMoRan Inc.'s total operating expenses increased by 7.7% year-over-year, from $4.48B to $4.82B.
What is the long-term trend for Freeport-McMoRan Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s total operating expenses has grown at a 7.6% compound annual growth rate (CAGR), from $14.48B to $19.40B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.