Business Segments · CapEx
Cerro Verde — CapEx
Freeport-McMoRan Inc. Cerro Verde — CapEx remained flat by 0.0% to $74M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $74M to $74M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 8, 2026
Rolls up toPayments to Acquire Other Productive Assets
How to read this metric
An increase indicates growth-oriented investment or necessary maintenance; a decrease may suggest a focus on cash flow over expansion.
Detailed definition
This measures the cash spent by the segment to acquire, upgrade, or maintain physical assets such as mining machinery an...
Peer comparison
Standard CapEx metric used to assess investment intensity in capital-intensive industries.
Metric ID:
fcx_segment_cerro_verde_capital_expendituresHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $67.75M | $67.75M | $67.75M | $67.75M | $73.25M | $73.25M | $73.25M | $73.25M | $74M | $74M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +8.1% | +0.0% | +0.0% | +0.0% | +1.0% | +0.0% |
| YoY Change | — | — | — | — | +8.1% | +8.1% | +8.1% | +8.1% | +1.0% | +0.0% |
Range$67.75M – $74M
CAGR+4.0%
Avg YoY Growth+5.6%
Median YoY Growth+8.1%
Current Streak9+ quarters growth
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s cerro verde — capex?
- Freeport-McMoRan Inc. (FCX) reported cerro verde — capex of $74M in Q1 2026.
- How has Freeport-McMoRan Inc.'s cerro verde — capex changed year-over-year?
- Freeport-McMoRan Inc.'s cerro verde — capex decreased by 0.0% year-over-year, from $74M to $74M.
- What does cerro verde — capex mean?
- Cash spent on long-term assets like equipment and infrastructure for the segment.