Business Segments · Depreciation, depletion and amortization
Cerro Verde — Depreciation, depletion and amortization
Freeport-McMoRan Inc. Cerro Verde — Depreciation, depletion and amortization decreased by 5.5% to $86M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $91M to $86M.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 8, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
High levels relative to production may indicate aging assets or aggressive depletion of reserves, while lower levels may suggest newer, more efficient capital deployment.
Detailed definition
This represents the systematic allocation of the cost of tangible and intangible assets over their useful lives, specifi...
Peer comparison
Standard accounting practice for capital-intensive industries like mining.
Metric ID:
fcx_segment_cerro_verde_depreciation_depletion_and_amortizationHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $98.75M | $98.75M | $98.75M | $98.75M | $95M | $95M | $95M | $95M | $91M | $86M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -3.8% | +0.0% | +0.0% | +0.0% | -4.2% | -5.5% |
| YoY Change | — | — | — | — | -3.8% | -3.8% | -3.8% | -3.8% | -4.2% | -5.5% |
Range$86M – $98.75M
CAGR-6.0%
Avg YoY Growth-4.1%
Median YoY Growth-3.8%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s cerro verde — depreciation, depletion and amortization?
- Freeport-McMoRan Inc. (FCX) reported cerro verde — depreciation, depletion and amortization of $86M in Q1 2026.
- How has Freeport-McMoRan Inc.'s cerro verde — depreciation, depletion and amortization changed year-over-year?
- Freeport-McMoRan Inc.'s cerro verde — depreciation, depletion and amortization decreased by 5.5% year-over-year, from $91M to $86M.
- What does cerro verde — depreciation, depletion and amortization mean?
- The non-cash expense representing the wear and tear or depletion of mining assets.