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Freeport-McMoRan Inc. FCX Morenci — Depreciation, depletion and amortization

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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:CostDepreciationAmortizationAndDepletion.

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 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 systematic allocation of the cost of tangible and intangible assets over their useful lives, including the depletion of mineral reserves. It reflects the non-cash expense of consuming the segment's capital base. This is essential for calculating the true economic cost of production.