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Freeport-McMoRan Inc.

FCX

Freeport-McMoRan is a leading international mining company focused on the exploration, development, and production of essential metals.

Market cap
$113.45B+80.1%
Revenue$25.9B+0.2%
Net income$4.2B+18.8%
EPS (diluted)$2.03+53.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 2 months)
Revenue estimate$7.3B
EPS estimate$0.73

Financials

Q2 2026

Income statement

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Revenue$7.0B-7.3%
Gross profit$2.2B-16.9%
Operating income$2.0B-17.6%
Net income$984.0M+27.5%
EPS (diluted)$0.68+28.3%

Balance sheet

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Cash & equivalents$4.5B-6.9%
Total debt$10.4B+12.0%
Total equity$20.1B+10.4%
Total assets$59.7B+5.7%

Cash flow

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Operating cash flow$2.0B-6.7%

Valuation & ratios

Valuation

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Market cap$113.45B+80.1%
Enterprise value$119.31B+77.0%
P/E27.1×+9.2×
P/S4.4×+1.9×

Profitability

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Gross margin27.1%-2.7pp
Operating margin26.8%0.0pp
Net margin16.2%+2.5pp

Returns & leverage

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Return on equity21.8%+2.1pp
Debt / equity0.5×0.0×
Current ratio2.1×-0.4×

Segments

By product

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Copper Cathode$2.6B+21.8%
Refined Copper Products$1.5B+58.2%
Copper In Concentrates$976.0M-51.8%
Molybdenum$728.0M+52.0%
Gold$640.0M-65.1%

By segment

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Rod and Refining Segment$2.2B+31.6%
Grasberg Segment$1.5B-56.6%
Atlantic Copper Smelting and Refining Segment$1.0B+25.9%
Morenci$756.0M+21.5%

Competitors

Profile

Freeport-McMoRan is a leading international mining company focused on the exploration, development, and production of essential metals. The company maintains a significant portfolio of long-lived assets, primarily centered on copper, gold, and molybdenum. Its core value proposition lies in its large-scale mineral reserves and its ability to supply critical materials for global electrification and infrastructure.

Competitive position

One of the world's largest publicly traded copper producers with a dominant position in the Indonesian and North American mining sectors.

GeographiesUnited States, Indonesia, Peru, Chile
Customer segmentsIndustrial Manufacturers, Metal Fabricators, Global Commodity Traders
Business modelExtraction and Processing, Commodity Production
SuppliersMining Equipment Manufacturers, Energy Providers, Exploration Services, Chemical Suppliers
CustomersElectrical Grid Infrastructure, Electric Vehicle Manufacturers, Construction Companies, Consumer Electronics Producers
Listed1995
Employees27.2K
CEOKathleen L. Quirk
IndustryCopper
Websitefcx.com
FilingsSEC EDGAR

FAQ

What is Freeport-McMoRan Inc.'s market cap?
Freeport-McMoRan Inc. (FCX) has a market capitalization of $113.45B and trades on NYSE.
What is Freeport-McMoRan Inc.'s revenue and profitability?
Freeport-McMoRan Inc. generated $25.9B in trailing twelve-month revenue with net income of $4.2B, representing a net margin of 16.2%. Gross margin stands at 27.1%. These figures are based on the Q2 2026 filing.
Who are Freeport-McMoRan Inc.'s competitors?
Freeport-McMoRan Inc.'s key competitors include Southern Copper Corporation, Newmont Corporation, Gold Resource Corporation, and others. These companies compete in similar markets and product categories.
Who does Freeport-McMoRan Inc. partner with?
Freeport-McMoRan Inc.'s notable partners include Mitsubishi Materials Corporation, Rio Tinto.
What subsidiaries does Freeport-McMoRan Inc. have?
Freeport-McMoRan Inc.'s subsidiaries include PT Freeport Indonesia, PT Smelting.
Where is Freeport-McMoRan Inc. headquartered?
Freeport-McMoRan Inc. is headquartered in United States of America and employs approximately 27,200 people. It has been publicly traded since 1995.