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Business Segments · CapEx

Rod & Refining — CapEx

Freeport-McMoRan Inc. Rod & Refining — CapEx decreased by 22.2% to $14M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.6%, from $17M to $14M. Over 4 years (FY 2021 to FY 2025), Rod & Refining — CapEx shows an upward trend with a 151.5% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

Higher expenditures suggest growth initiatives or necessary maintenance, while lower expenditures may indicate a focus on cash preservation.

Detailed definition

Reflects the cash outflows for the acquisition or improvement of physical assets, such as machinery and refinery upgrade...

Peer comparison

Standard capital investment metric for industrial business units.

Metric ID: fcx_segment_rod_refining_capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0$1M$0$2M$2M$2M$3M$5M$2M$2M$4M$5M$11M$7M$12M$17M$26M$19M$18M$14M
QoQ Change-100.0%+0.0%+0.0%+50.0%+66.7%-60.0%+0.0%+100.0%+25.0%+120.0%-36.4%+71.4%+41.7%+52.9%-26.9%-5.3%-22.2%
YoY Change+100.0%+150.0%+0.0%+0.0%+33.3%+0.0%+450.0%+250.0%+200.0%+240.0%+136.4%+171.4%+50.0%-17.6%
Range$0$26M
Avg YoY Growth+126.0%
Median YoY Growth+118.2%
Current Streak3 quarters decline

Frequently Asked Questions

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?
Investment spending on equipment and facilities for the copper rod and refining segment.