What is Freeport-McMoRan Inc.'s operating lease liabilities?

Freeport-McMoRan Inc. (FCX) reported operating lease liabilities of $987M in Q1 2026.

What does operating lease liabilities mean?

Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

Freeport-McMoRan Inc. FCX Operating Lease Liabilities

Operating Lease Liabilities at other companies

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$561.3M-12.0%

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$60K-38.8%

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$410K-71.8%

U.S. GoldMining Inc.USGO

$49.24K-36.3%

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$24.38K+339%

Dakota GoldDC

$53.67K—

Other financials

Income statement

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Revenue$6.2B+8.8%

Gross profit$1.7B+9.9%

Operating income$2.1B+64.0%

Net income$1.4B+74.9%

EPS (diluted)$0.61+154%

Balance sheet

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Cash & equivalents$4.1B-16.1%

Total debt$10.4B+10.6%

Total equity$19.5B+10.3%

Total assets$58.8B+5.0%

Cash flow

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Operating cash flow$1.5B+41.3%

CapEx$973.0M-17.0%

Free cash flow$522.0M+558%

Valuation

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Market cap$90.41B+37.3%

Enterprise value$96.66B+37.5%

P/E19.1×+3.7×

P/S3.4×+0.9×

Profitability

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Gross margin28.2%-1.1pp

Operating margin27.8%+1.5pp

Net margin18%+1.8pp

FCF margin6.2%-2.2pp

Returns & leverage

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Return on equity25.5%+2.3pp

Debt / equity0.5×0.0×

Current ratio2.4×+0.1×

Where this comes from

Reported directly by Freeport-McMoRan Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

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 operating lease liabilities?: Freeport-McMoRan Inc. (FCX) reported operating lease liabilities of $987M in Q1 2026.
What does operating lease liabilities mean?: Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.