Non-Current Assets
PP&E (Net)
Freeport-McMoRan Inc. PP&E (Net) increased by 0.9% to $41.1B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $39.2B to $41.1B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 6.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 8, 2026
How to read this metric
An increase reflects ongoing capital investment in mining infrastructure, while a decrease reflects depreciation outpacing new capital expenditures.
Detailed definition
This represents the book value of the company's long-term tangible assets, such as mines, processing plants, and refinin...
Peer comparison
Standard for capital-intensive industries; peers in mining typically show high ratios of PPE to total assets.
Metric ID:
property_plant_equipment_netHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.84B | $30.1B | $30.35B | $30.71B | $31.2B | $31.81B | $32.63B | $33.16B | $33.85B | $34.54B | $35.3B | $36.2B | $36.78B | $37.75B | $38.51B | $39.2B | $39.84B | $40.26B | $40.74B | $41.1B |
| QoQ Change | — | +0.9% | +0.8% | +1.2% | +1.6% | +2.0% | +2.6% | +1.6% | +2.1% | +2.0% | +2.2% | +2.6% | +1.6% | +2.6% | +2.0% | +1.8% | +1.6% | +1.1% | +1.2% | +0.9% |
| YoY Change | — | — | — | — | +4.6% | +5.7% | +7.5% | +8.0% | +8.5% | +8.6% | +8.2% | +9.2% | +8.7% | +9.3% | +9.1% | +8.3% | +8.3% | +6.6% | +5.8% | +4.8% |
Range$29.84B – $41.1B
CAGR+7.0%
Avg YoY Growth+7.6%
Median YoY Growth+8.2%
Current Streak19+ quarters growth
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s pp&e (net)?
- Freeport-McMoRan Inc. (FCX) reported pp&e (net) of $41.1B in Q1 2026.
- How has Freeport-McMoRan Inc.'s pp&e (net) changed year-over-year?
- Freeport-McMoRan Inc.'s pp&e (net) increased by 4.8% year-over-year, from $39.2B to $41.1B.
- What is the long-term trend for Freeport-McMoRan Inc.'s pp&e (net)?
- Over 5 years (2020 to 2025), Freeport-McMoRan Inc.'s pp&e (net) has grown at a 6.4% compound annual growth rate (CAGR), from $29.82B to $40.74B.
- What does pp&e (net) mean?
- The net value of the company's long-term physical assets like mines and processing plants.