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Operating Expenses

D&A

Freeport-McMoRan Inc. D&A increased by 6.0% to $514M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $466M to $514M. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 2.9% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026May 8, 2026

How to read this metric

High levels indicate significant capital investment in infrastructure, while low levels may suggest aging assets or limited reserve depletion.

Detailed definition

This metric represents the systematic allocation of the cost of tangible and intangible assets over their useful lives,...

Peer comparison

Standard in capital-intensive industries; peers with newer assets typically show higher depreciation charges.

Metric ID: operating_expenses_cost_depreciation_amortization_and_depletion

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$483M$528M$568M$489M$507M$508M$515M$399M$547M$533M$589M$595M$509M$600M$537M$466M$668M$625M$485M$514M
QoQ Change+9.3%+7.6%-13.9%+3.7%+0.2%+1.4%-22.5%+37.1%-2.6%+10.5%+1.0%-14.5%+17.9%-10.5%-13.2%+43.3%-6.4%-22.4%+6.0%
YoY Change+5.0%-3.8%-9.3%-18.4%+7.9%+4.9%+14.4%+49.1%-6.9%+12.6%-8.8%-21.7%+31.2%+4.2%-9.7%+10.3%
Range$399M$668M
CAGR+1.3%
Avg YoY Growth+3.8%
Median YoY Growth+4.5%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Grasberg Segment$194M
Morenci$69M
Atlantic Copper Smelting & Refining$7M$6M$8M$7M$7M$7M$6M$7M
Rod & Refining$1M$2M$0$1M$1M$2M$1M$1M
Molybdenum$16M$19M$22M$26M$26M$22M
Total$509M$600M$537M$466M$668M$625M$485M$514M

Molybdenum was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown

View all
SegmentQ4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
North America$106M$112M$106M$109M$112M$124M$118M$134M
South America$109M$108M$114M$110M$114M$111M$113M$114M
Total$589M$595M$509M$600M$537M$466M$668M$625M

North America, South America were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Freeport-McMoRan Inc.'s d&a?
Freeport-McMoRan Inc. (FCX) reported d&a of $514M in Q1 2026.
How has Freeport-McMoRan Inc.'s d&a changed year-over-year?
Freeport-McMoRan Inc.'s d&a increased by 10.3% year-over-year, from $466M to $514M.
What is the long-term trend for Freeport-McMoRan Inc.'s d&a?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s d&a has grown at a 2.9% compound annual growth rate (CAGR), from $2B to $2.24B.
What does d&a mean?
The non-cash expense representing the gradual loss of value of assets and the depletion of natural resources over time.