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Other financials

Income statement

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Revenue$6.2B+8.8%
Gross profit$1.7B+9.9%
Operating income$2.1B+64.0%
Net income$1.4B+74.9%
EPS (diluted)$0.61+154%

Balance sheet

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Cash & equivalents$4.1B-16.1%
Total debt$10.4B+10.6%
Total equity$19.5B+10.3%
Total assets$58.8B+5.0%

Cash flow

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Operating cash flow$1.5B+41.3%
CapEx$973.0M-17.0%
Free cash flow$522.0M+558%

Valuation

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Market cap$86.21B+29.7%
Enterprise value$92.46B+30.4%
P/E18.2×+2.7×
P/S3.3×+0.7×

Profitability

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Gross margin28.2%-1.1pp
Operating margin27.8%+1.5pp
Net margin18%+1.8pp
FCF margin6.2%-2.2pp

Returns & leverage

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Return on equity25.5%+2.3pp
Debt / equity0.5×0.0×
Current ratio2.4×+0.1×

Where this comes from

Reported directly by Freeport-McMoRan Inc. in its filing.

Tagged under the XBRL concept fcx:Product.

The official record: Freeport-McMoRan Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freeport-McMoRan Inc.'s product?
Freeport-McMoRan Inc. (FCX) reported product of $3.04B in Q1 2026.
How has Freeport-McMoRan Inc.'s product changed year-over-year?
Freeport-McMoRan Inc.'s product decreased by 5.5% year-over-year, from $3.22B to $3.04B.
What is the long-term trend for Freeport-McMoRan Inc.'s product?
Over 5 years (2020 to 2025), Freeport-McMoRan Inc.'s product has grown at a 21.0% compound annual growth rate (CAGR), from $1.29B to $3.33B.
What does product mean?
This represents the value of finished goods inventory, such as copper cathodes or concentrates, ready for sale to customers. It is a key indicator of the company's ability to move mined material through the refining process and into the market.