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Freeport-McMoRan Inc. FCX Rod and Refining Segment — Segment capital expenditures

Other segment segments

Grasberg Segment
$516M-30.3%
Atlantic Copper Smelting and Refining Segment
$67M+48.9%
Morenci
$50M-28.6%

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LCUTU.S. Segment — Capital expenditures:
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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+27.5%
EPS (diluted)$0.68+28.3%

Balance sheet

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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

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Operating cash flow$2.0B-6.7%
CapEx$973.0M-17.0%
Free cash flow$522.0M+558%

Valuation

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Market cap$97.15B+74.1%
Enterprise value$103.01B+71.0%
P/E23.2×+7.4×
P/S3.8×+1.6×

Profitability

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Gross margin27.1%-2.7pp
Operating margin26.8%0.0pp
Net margin16.2%+2.5pp
FCF margin6.2%-2.2pp

Returns & leverage

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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 itemReportable Segments / MorenciReportable Segments / Cerro / VerdeReportable Segments / Indonesia / OperationsReportable Segments / U.S. / Rod & / RefiningAtlantic / CopperTotal / Reportable / Segments
Total assets for other segmentsa36,913
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 segmentsa366
Corporate capital expenditures9
Total consolidated capital expenditures$1,104

Item 1.Financial Statements.

FAQ

What is Freeport-McMoRan Inc.'s rod and refining segment — segment capital expenditures?
Freeport-McMoRan Inc. (FCX) reported rod and refining segment — segment capital expenditures of $14M in Q2 2026.
What does rod and refining segment — segment capital expenditures mean?
This metric represents the total capital expenditures allocated to the downstream copper conversion and processing segment, which includes refineries, rod mills, and specialty product facilities. It reflects the level of investment in infrastructure required to transform raw copper cathodes into value-added industrial products. Monitoring this expenditure helps investors assess the company's commitment to maintaining operational efficiency and expanding capacity within its midstream and downstream processing capabilities.

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