How has Freeport-McMoRan Inc.'s morenci — production and delivery changed year-over-year?

Freeport-McMoRan Inc.'s morenci — production and delivery increased by 4.3% year-over-year, from $419M to $437M.

What does morenci — production and delivery mean?

The direct costs associated with the extraction, processing, and transportation of minerals to customers. This includes labor, energy, consumables, and logistics required to bring the product to market. It serves as the primary measure of the segment's operational cost structure.

Freeport-McMoRan Inc. FCX Morenci — Production and delivery

Other segment segments

Rod & Refining

$2.05B+26.1%

Atlantic Copper Smelting & Refining

$929M+26.6%

Grasberg Segment

$710M+22.8%

Cerro Verde

$632.25M—

Similar metrics at other companies

GOROMining Production Costs

$20.64M+92.7%

DINOProduction and delivery

$654M+14.3%

IPIMineral — Utilities and fuel

$4.32M+0.4%

CVIProduction and delivery

$174M+3.0%

EQTTransmission — Production

$0—

CDEProduct — Costs applicable to sales

$330.01M+61.6%

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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 — production and delivery?: Freeport-McMoRan Inc. (FCX) reported morenci — production and delivery of $437M in Q1 2026.
How has Freeport-McMoRan Inc.'s morenci — production and delivery changed year-over-year?: Freeport-McMoRan Inc.'s morenci — production and delivery increased by 4.3% year-over-year, from $419M to $437M.
What does morenci — production and delivery mean?: The direct costs associated with the extraction, processing, and transportation of minerals to customers. This includes labor, energy, consumables, and logistics required to bring the product to market. It serves as the primary measure of the segment's operational cost structure.