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Freeport-McMoRan Inc. FCX Atlantic Copper Smelting & Refining — Selling, general and administrative expenses

Other segment segments

Grasberg Segment
$25M-7.4%
Morenci
$0
Rod & Refining
$0

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Other financials

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-36.4%
EPS (diluted)$0.68+28.3%

Balance sheet

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Cash & equivalents$4.1B-15.4%
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%
CapEx$1.1B-12.5%
Free cash flow$944.0M+1.1%

Valuation

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Market cap$86.24B+57.4%
Enterprise value$92.52B+56.2%
P/E20.6×+7.9×
P/S3.3×+1.2×

Profitability

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Gross margin27.1%-2.7pp
Operating margin26.8%0.0pp
Net margin16.2%-0.5pp
FCF margin6.2%-2.2pp

Returns & leverage

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Return on equity21.8%-2.3pp
Debt / equity0.5×0.0×
Current ratio2.1×-0.4×

Where this comes from

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

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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 atlantic copper smelting & refining — selling, general and administrative expenses?
Freeport-McMoRan Inc. (FCX) reported atlantic copper smelting & refining — selling, general and administrative expenses of $11M in Q1 2026.
How has Freeport-McMoRan Inc.'s atlantic copper smelting & refining — selling, general and administrative expenses changed year-over-year?
Freeport-McMoRan Inc.'s atlantic copper smelting & refining — selling, general and administrative expenses increased by 22.2% year-over-year, from $9M to $11M.
What is the long-term trend for Freeport-McMoRan Inc.'s atlantic copper smelting & refining — selling, general and administrative expenses?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s atlantic copper smelting & refining — selling, general and administrative expenses has grown at a 7.5% compound annual growth rate (CAGR), from $24M to $32M.
What does atlantic copper smelting & refining — selling, general and administrative expenses mean?
This includes the overhead costs required to manage the smelting and refining segment, including administrative salaries, office expenses, and corporate support functions. It measures the fixed cost burden of maintaining the business unit's operations.