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Business Segments · Operating income (loss)

Morenci — Operating income (loss)

Freeport-McMoRan Inc. Morenci — Operating income (loss) increased by 140.4% to $262M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 140.4%, from $109M to $262M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026May 8, 2026
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency, higher commodity prices, or increased production volumes.

Detailed definition

The profit or loss generated by the segment after deducting production, depreciation, and administrative expenses from r...

Peer comparison

The standard measure of segment-level profitability across all global mining firms.

Metric ID: fcx_segment_morenci_operating_income_loss

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$125.5M$125.5M$125.5M$125.5M$78.75M$78.75M$78.75M$78.75M$109M$262M
QoQ Change+0.0%+0.0%+0.0%-37.3%+0.0%+0.0%+0.0%+38.4%+140.4%
YoY Change-37.3%-37.3%-37.3%-37.3%+38.4%+140.4%
Range$78.75M$262M
CAGR+38.7%
Avg YoY Growth+5.0%
Median YoY Growth-37.3%
Current Streak5 quarters growth

Frequently Asked Questions

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 from the segment's core mining operations.