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Freeport-McMoRan Inc. FCX Cerro Verde — Depreciation, depletion and amortization

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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:CostDepreciationAmortizationAndDepletion.

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 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?
This represents the systematic allocation of the cost of tangible and intangible assets over their useful lives, specifically accounting for the depletion of mineral reserves. It reflects the non-cash expense of consuming capital assets to generate revenue.