What does morenci — segment capital expenditures mean?

This metric represents the total cash outflows invested in property, plant, and equipment specifically for the Morenci mining operation. It reflects the capital intensity required to maintain, expand, or upgrade mining infrastructure and processing facilities at this site. Investors use this to assess the company's commitment to sustaining production capacity and long-term asset development within its North American copper portfolio.

Freeport-McMoRan Inc. (FCX) Morenci — Segment capital expenditures

Screener

Other segment segments

Grasberg Segment

$516M-30.3%

Atlantic Copper Smelting and Refining Segment

$67M+48.9%

Rod and Refining Segment

$14M-46.2%

Similar metrics at other companies

MPMagnetics Segment — Segment capital expenditures

$46.61M+208%

MPMaterials Segment — Segment capital expenditures

$30.55M+99.1%

GTECanada — Segment capital expenditures

$6.89M-71.2%

GTEColombia — Segment capital expenditures

$49.89M+32.2%

GTEEcuador — Segment capital expenditures

$4.21M-83.0%

LCUTU.S. Segment — Capital expenditures:

$1.06M+119%

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+27.5%

EPS (diluted)$0.68+28.3%

Balance sheet

See full

Cash & equivalents$4.5B-6.9%

Total debt$10.4B+12.0%

Total equity$20.1B+10.4%

Total assets$59.7B+5.7%

Cash flow

See full

Operating cash flow$2.0B-6.7%

CapEx$973.0M-17.0%

Free cash flow$522.0M+558%

Valuation

See full

Market cap$97.15B+74.1%

Enterprise value$103.01B+71.0%

P/E23.2×+7.4×

P/S3.8×+1.6×

Profitability

See full

Gross margin27.1%-2.7pp

Operating margin26.8%0.0pp

Net margin16.2%+2.5pp

FCF margin6.2%-2.2pp

Returns & leverage

See full

Return on equity21.8%+2.1pp

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:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Freeport-McMoRan Inc.’s 10-Q, filed August 6, 2026.

Filed: Aug 6, 2026, 5:17 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000831259-26-000036

Line item	Reportable Segments / Morenci	Reportable Segments / Cerro / Verde	Reportable Segments / Indonesia / Operations	Reportable Segments / U.S. / Rod & / Refining	Atlantic / Copper	Total / Reportable / Segments
Total assets for other segmentsa						36,913
Corporate assets and elimination of investments in consolidated subsidiaries						(20,143)
Total consolidated assets						$59,727
Segment capital expenditures	$50	$82	$516	$14	$67	$729
Reconciliation of capital expenditures
Total capital expenditures for other segmentsa						366
Corporate capital expenditures						9
Total consolidated capital expenditures						$1,104

Item 1.Financial Statements.

FAQ

What is Freeport-McMoRan Inc.'s morenci — segment capital expenditures?: Freeport-McMoRan Inc. (FCX) reported morenci — segment capital expenditures of $50M in Q2 2026.
What does morenci — segment capital expenditures mean?: This metric represents the total cash outflows invested in property, plant, and equipment specifically for the Morenci mining operation. It reflects the capital intensity required to maintain, expand, or upgrade mining infrastructure and processing facilities at this site. Investors use this to assess the company's commitment to sustaining production capacity and long-term asset development within its North American copper portfolio.