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Freeport-McMoRan Inc. FCX Rod & Refining — Revenue

Other segment segments

Grasberg Segment
$1.07B-31.7%
Atlantic Copper Smelting & Refining
$969M+28.3%
Morenci
$776M+34.5%

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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:Revenues.

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 — revenue?
Freeport-McMoRan Inc. (FCX) reported rod & refining — revenue of $2.06B in Q1 2026.
How has Freeport-McMoRan Inc.'s rod & refining — revenue changed year-over-year?
Freeport-McMoRan Inc.'s rod & refining — revenue increased by 26.3% year-over-year, from $1.63B to $2.06B.
What is the long-term trend for Freeport-McMoRan Inc.'s rod & refining — revenue?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s rod & refining — revenue has grown at a 2.1% compound annual growth rate (CAGR), from $6.36B to $6.9B.
What does rod & refining — revenue mean?
Represents the total gross revenue generated from the sale of processed copper products, including rod and refined copper, within the specific conversion segment. This metric reflects the market demand and pricing power for the company's downstream copper manufacturing and refining operations.