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Freeport-McMoRan Inc. FCX Cerro Verde — Selling, general and administrative expenses

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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 cerro verde — selling, general and administrative expenses?
Freeport-McMoRan Inc. (FCX) reported cerro verde — selling, general and administrative expenses of $2M in Q1 2026.
How has Freeport-McMoRan Inc.'s cerro verde — selling, general and administrative expenses changed year-over-year?
Freeport-McMoRan Inc.'s cerro verde — selling, general and administrative expenses decreased by 0.0% year-over-year, from $2M to $2M.
What does cerro verde — selling, general and administrative expenses mean?
These are the overhead costs required to manage the segment's operations, including administrative salaries, office expenses, and marketing. It measures the fixed cost burden required to support the segment's core mining activities.