What is Freeport-McMoRan Inc.'s morenci — operating income (loss)?

Freeport-McMoRan Inc. (FCX) reported morenci — operating income (loss) of $262M in Q1 2026.

How has Freeport-McMoRan Inc.'s morenci — operating income (loss) changed year-over-year?

Freeport-McMoRan Inc.'s morenci — operating income (loss) increased by 140.4% year-over-year, from $109M to $262M.

What does morenci — operating income (loss) mean?

The profit or loss generated by the segment after deducting production, depreciation, and administrative expenses from revenue. It measures the core operational profitability of the segment before interest and taxes. This is the primary metric for evaluating segment management performance.

Freeport-McMoRan Inc. FCX Morenci — Operating income (loss)

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Other financials

Income statement

See full

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

See full

Gross margin27.1%-2.7pp

Operating margin26.8%0.0pp

Net margin16.2%-0.5pp

FCF margin6.2%-2.2pp

Returns & leverage

See full

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:OperatingIncomeLoss.

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 — operating income (loss)?: Freeport-McMoRan Inc. (FCX) reported morenci — operating income (loss) of $262M in Q1 2026.
How has Freeport-McMoRan Inc.'s morenci — operating income (loss) changed year-over-year?: Freeport-McMoRan Inc.'s morenci — operating income (loss) increased by 140.4% year-over-year, from $109M to $262M.
What does morenci — operating income (loss) mean?: The profit or loss generated by the segment after deducting production, depreciation, and administrative expenses from revenue. It measures the core operational profitability of the segment before interest and taxes. This is the primary metric for evaluating segment management performance.