Business Segments · CapEx
Morenci — CapEx
Freeport-McMoRan Inc. Morenci — CapEx decreased by 25.4% to $44M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.4%, from $59M to $44M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 8, 2026
Rolls up toPayments to Acquire Other Productive Assets
How to read this metric
An increase suggests investment in growth or major maintenance, while a decrease may signal capital preservation.
Detailed definition
Cash outflows used to acquire, upgrade, or maintain physical assets such as mining equipment, processing facilities, and...
Peer comparison
Standard metric for measuring capital intensity in the mining and industrial sectors.
Metric ID:
fcx_segment_morenci_capital_expendituresHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $58M | $58M | $58M | $58M | $46M | $46M | $46M | $46M | $59M | $44M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -20.7% | +0.0% | +0.0% | +0.0% | +28.3% | -25.4% |
| YoY Change | — | — | — | — | -20.7% | -20.7% | -20.7% | -20.7% | +28.3% | -25.4% |
Range$44M – $59M
CAGR-11.6%
Avg YoY Growth-13.3%
Median YoY Growth-20.7%
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s morenci — capex?
- Freeport-McMoRan Inc. (FCX) reported morenci — capex of $44M in Q1 2026.
- How has Freeport-McMoRan Inc.'s morenci — capex changed year-over-year?
- Freeport-McMoRan Inc.'s morenci — capex decreased by 25.4% year-over-year, from $59M to $44M.
- What does morenci — capex mean?
- Spending on new equipment, infrastructure, and facility upgrades for the segment.