Business Segments · Operating income (loss)
Rod & Refining — Operating income (loss)
Freeport-McMoRan Inc. Rod & Refining — Operating income (loss) decreased by 99.3% to $15M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 98.8%, from $1.3B to $15M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026
Rolls up toOperating Income
How to read this metric
An increase signals improved operational efficiency or favorable market spreads, while a loss indicates operational challenges or margin compression.
Detailed definition
Measures the profitability of the rod and refining segment by subtracting operating expenses from segment revenues. It s...
Peer comparison
Standard operating profit metric for business segments across all industries.
Metric ID:
fcx_segment_rod_refining_operating_income_lossHistorical Data
40 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | Q4 '24 | Q4 '24 | Q1 '25 | Q1 '25 | Q2 '25 | Q2 '25 | Q3 '25 | Q3 '25 | Q4 '25 | Q4 '25 | Q1 '26 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.07B | $3M | $2.46B | $2M | $2.31B | -$5M | $2.81B | -$3M | $1.74B | -$5M | $962M | -$8M | $1.53B | -$7M | $1.6B | $1M | $1.41B | $7M | $1.49B | $10M | $1.72B | $2M | $1.63B | $11M | $2.05B | $11M | $1.94B | $7M | $1.24B | $0 | $1.3B | $9M | $2.43B | $7M | $1.97B | $11M | $811M | $4M | $2.14B | $15M |
| QoQ Change | — | -99.9% | >999% | -99.9% | >999% | -100.2% | >999% | -100.1% | >999% | -100.3% | >999% | -100.8% | >999% | -100.5% | >999% | -99.9% | >999% | -99.5% | >999% | -99.3% | >999% | -99.9% | >999% | -99.3% | >999% | -99.5% | >999% | -99.6% | >999% | -100.0% | — | -99.3% | >999% | -99.7% | >999% | -99.4% | >999% | -99.5% | >999% | -99.3% |
| YoY Change | — | — | — | — | — | — | — | — | -16.0% | -100.2% | -60.9% | -100.3% | -33.6% | -100.3% | -43.0% | -100.0% | -18.8% | -99.6% | +55.1% | -99.0% | +12.5% | -99.9% | +2.1% | -99.3% | +45.3% | -99.2% | +29.9% | -99.5% | -27.8% | -100.0% | -20.3% | -99.4% | +18.7% | -99.7% | +1.8% | -99.4% | -34.8% | -99.7% | +64.0% | -98.8% |
Range-$8M – $2.81B
CAGR-39.7%
Avg YoY Growth-50.6%
Median YoY Growth-79.9%
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s rod & refining — operating income (loss)?
- Freeport-McMoRan Inc. (FCX) reported rod & refining — operating income (loss) of $15M in Q1 2026.
- How has Freeport-McMoRan Inc.'s rod & refining — operating income (loss) changed year-over-year?
- Freeport-McMoRan Inc.'s rod & refining — operating income (loss) decreased by 98.8% year-over-year, from $1.3B to $15M.
- What does rod & refining — operating income (loss) mean?
- The profit or loss generated by the copper rod and refining segment before interest and taxes.