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Freeport-McMoRan Inc. FCX Rod & Refining — CapEx

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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-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:PaymentsToAcquireProductiveAssets.

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 rod & refining — capex?
Freeport-McMoRan Inc. (FCX) reported rod & refining — capex of $14M in Q1 2026.
How has Freeport-McMoRan Inc.'s rod & refining — capex changed year-over-year?
Freeport-McMoRan Inc.'s rod & refining — capex decreased by 17.6% year-over-year, from $17M to $14M.
What is the long-term trend for Freeport-McMoRan Inc.'s rod & refining — capex?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s rod & refining — capex has grown at a 151.5% compound annual growth rate (CAGR), from $2M to $80M.
What does rod & refining — capex mean?
Reflects the cash outflows for the acquisition or improvement of physical assets, such as machinery and refinery upgrades, within the segment. This indicates the level of reinvestment in the business to maintain or expand production capacity.