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Business Segments · Total Assets

Cerro Verde — Total Assets

Freeport-McMoRan Inc. Cerro Verde — Total Assets decreased by 3.3% to $8.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $8.17B to $8.77B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 8, 2026
Rolls up toTotal Assets

How to read this metric

An increase suggests capital expansion or investment; a decrease may indicate asset divestment or significant depreciation.

Detailed definition

This represents the total book value of all resources owned by the segment, including mining equipment, land, and minera...

Peer comparison

Standard balance sheet metric for segment-level asset reporting.

Metric ID: fcx_segment_cerro_verde_total_assets

Historical Data

5 periods
 Q4 '23Q4 '24Q1 '25Q4 '25Q1 '26
Value$8.12B$8.1B$8.17B$9.07B$8.77B
QoQ Change-0.3%+0.9%+11.1%-3.3%
YoY Change-0.3%+12.1%+7.4%
Range$8.1B$9.07B
CAGR+8.0%
Avg YoY Growth+6.4%
Median YoY Growth+7.4%

Frequently Asked Questions

What is Freeport-McMoRan Inc.'s cerro verde — total assets?
Freeport-McMoRan Inc. (FCX) reported cerro verde — total assets of $8.77B in Q1 2026.
How has Freeport-McMoRan Inc.'s cerro verde — total assets changed year-over-year?
Freeport-McMoRan Inc.'s cerro verde — total assets increased by 7.4% year-over-year, from $8.17B to $8.77B.
What does cerro verde — total assets mean?
The total value of all resources and equipment owned by the business segment.