Business Segments · Depreciation, depletion and amortization
Morenci — Depreciation, depletion and amortization
Freeport-McMoRan Inc. Morenci — Depreciation, depletion and amortization increased by 38.0% to $69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.0%, from $50M to $69M.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 8, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
High levels relative to production may indicate aging assets or aggressive reserve depletion rates.
Detailed definition
The systematic allocation of the cost of tangible and intangible assets over their useful lives, including the depletion...
Peer comparison
Standard accounting metric across all capital-intensive mining operations.
Metric ID:
fcx_segment_morenci_depreciation_depletion_and_amortizationHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $43.75M | $43.75M | $43.75M | $43.75M | $46.75M | $46.75M | $46.75M | $46.75M | $50M | $69M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.9% | +0.0% | +0.0% | +0.0% | +7.0% | +38.0% |
| YoY Change | — | — | — | — | +6.9% | +6.9% | +6.9% | +6.9% | +7.0% | +38.0% |
Range$43.75M – $69M
CAGR+22.4%
Avg YoY Growth+12.1%
Median YoY Growth+6.9%
Current Streak9+ quarters growth
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s morenci — depreciation, depletion and amortization?
- Freeport-McMoRan Inc. (FCX) reported morenci — depreciation, depletion and amortization of $69M in Q1 2026.
- How has Freeport-McMoRan Inc.'s morenci — depreciation, depletion and amortization changed year-over-year?
- Freeport-McMoRan Inc.'s morenci — depreciation, depletion and amortization increased by 38.0% year-over-year, from $50M to $69M.
- What does morenci — depreciation, depletion and amortization mean?
- The non-cash expense representing the wear and tear of equipment and the depletion of mineral reserves.