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Freeport-McMoRan Inc. FCX Grasberg Segment — CapEx

Other segment segments

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$167M
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$76M
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$56M+30.2%
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$28M+12.0%
Rod & Refining
$14M-17.6%

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COPTotal Segments — Capital expenditures and investments
$2.92B-12.9%

Other financials

Income statement

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Revenue$6.2B+8.8%
Gross profit$1.7B+9.9%
Operating income$2.1B+64.0%
Net income$1.4B+74.9%
EPS (diluted)$0.61+154%

Balance sheet

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Cash & equivalents$4.1B-16.1%
Total debt$10.4B+10.6%
Total equity$19.5B+10.3%
Total assets$58.8B+5.0%

Cash flow

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Operating cash flow$1.5B+41.3%
CapEx$973.0M-17.0%
Free cash flow$522.0M+558%

Valuation

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Market cap$90.28B+56.3%
Enterprise value$96.53B+55.1%
P/E19×+4.7×
P/S3.4×+1.1×

Profitability

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Gross margin28.2%-1.1pp
Operating margin27.8%+1.5pp
Net margin18%+1.8pp
FCF margin6.2%-2.2pp

Returns & leverage

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Return on equity25.5%+2.3pp
Debt / equity0.5×0.0×
Current ratio2.4×+0.1×

Where this comes from

Reported directly by Freeport-McMoRan Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

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 grasberg segment — capex?
Freeport-McMoRan Inc. (FCX) reported grasberg segment — capex of $456M in Q1 2026.
How has Freeport-McMoRan Inc.'s grasberg segment — capex changed year-over-year?
Freeport-McMoRan Inc.'s grasberg segment — capex decreased by 35.2% year-over-year, from $704M to $456M.
What is the long-term trend for Freeport-McMoRan Inc.'s grasberg segment — capex?
Over 3 years (2021 to 2024), Freeport-McMoRan Inc.'s grasberg segment — capex has grown at a 30.9% compound annual growth rate (CAGR), from $1.3B to $2.91B.
What does grasberg segment — capex mean?
Represents the total cash outflows used by the business segment to acquire, upgrade, and maintain physical assets such as mining infrastructure, machinery, and processing facilities. This metric reflects the company's long-term investment strategy and commitment to sustaining or expanding production capacity within a specific geographic or operational unit.