Freeport-McMoRan Inc. FCX Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| Atlantic Copper Smelting & Refining | $3.17B+5.1% | $3.02B+7.4% | $2.81B+15.2% | $2.44B-17.6% | |
| Rod & Refining | $6.9B+10.6% | $6.24B+5.3% | $5.93B-5.7% | $6.28B-1.2% | |
| Operating income (loss) by Business | |||||
| Rod & Refining | $31M+6.9% | $29M+45.0% | $20M+187% | -$23M-2,200% | |
| Total Assets by Business | |||||
| Atlantic Copper Smelting & Refining | $6.74B+13.1% | $5.96B+24.7% | $4.78B+7.0% | $4.47B-0.7% | |
| Rod & Refining | $1.52B+48.0% | $1.03B+6.8% | $961M-3.7% | $998M-1.4% | |
| Selling, general and administrative expenses by Business | |||||
| Atlantic Copper Smelting & Refining | $32M+14.3% | $28M0.0% | $28M+12.0% | $25M+4.2% | |
| Rod & Refining | $0— | $0— | $0— | $0— | |
| Production and delivery by Business | |||||
| Atlantic Copper Smelting & Refining | $3.1B+6.4% | $2.91B+7.1% | $2.72B+10.8% | $2.45B-15.7% | |
| Rod & Refining | $6.85B+10.4% | $6.21B+5.2% | $5.9B-6.8% | $6.33B-0.8% | |
| Depreciation, depletion and amortization by Business | |||||
| Atlantic Copper Smelting & Refining | $27M-3.6% | $28M0.0% | $28M+3.7% | $27M-3.6% | |
| Rod & Refining | $5M+25.0% | $4M-20.0% | $5M0.0% | $5M0.0% | |
| Exploration Expense by Business | |||||
| Atlantic Copper Smelting & Refining | $0— | $0— | $0— | $0— | |
| Rod & Refining | $0— | $0— | $0— | $0— | |
| CapEx by Business | |||||
| Atlantic Copper Smelting & Refining | $202M+42.3% | $142M+122% | $64M-15.8% | $76M+124% | |
| Molybdenum | $108M-7.7% | $117M+39.3% | $84M+155% | $33M+450% | |
| Rod & Refining | $80M+129% | $35M+169% | $13M+44.4% | $9M+350% | |
| South America | $419M+11.7% | $375M+1.9% | $368M+21.1% | $304M+87.7% | |
| North America copper mines | $1.1B+6.7% | $1.03B+35.7% | $761M+27.5% | $597M+74.6% | |
| Concentration risk percentage by Business | |||||
| Atlantic Copper Smelting And Refining | 77%— | —— | —— | —— | |
| Cerro Verde | 26%+3.0pp | 23%0.0pp | 23%0.0pp | 23%0.0pp | |
| Grasberg Segment | 98%-1.0pp | 99%0.0pp | 99%0.0pp | 99%— | |
| Morenci | 15%+3.0pp | 12%-2.0pp | 14%-1.0pp | 15%-1.0pp | |
| Revenue from Contract with Customer, Including Assessed Tax by Product | |||||
| Copper Cathode | $8.15B-2.0% | $8.32B+26.2% | $6.59B+28.3% | $5.13B-13.0% | |
| Copper in concentrate | $6.31B-6.3% | $6.73B-5.6% | $7.13B-26.1% | $9.65B+10.9% | |
| Gold | $3.9B-12.3% | $4.45B+28.1% | $3.47B+2.2% | $3.4B+31.7% | |
| Molybdenum | $1.97B+10.1% | $1.79B-10.3% | $1.99B+40.6% | $1.42B+10.4% | |
| Purchased Copper | $489M-28.5% | $684M+51.3% | $452M-6.0% | $481M-36.5% | |
| Rod and other refined copper products | $4.42B+14.7% | $3.85B+5.2% | $3.66B-1.1% | $3.7B+9.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Freeport-McMoRan Inc. break its business down?
- Freeport-McMoRan Inc. (FCX) reports revenue by business across 4 parts — Atlantic Copper Smelting & Refining, Grasberg Segment, Morenci and Rod & Refining. Each is extracted from the segment footnotes and tracked over time.
- Where does Freeport-McMoRan Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Freeport-McMoRan Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
