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Freeport-McMoRan Inc. FCX Total costs & expenses

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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+27.5%
EPS (diluted)$0.68+28.3%

Balance sheet

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Cash & equivalents$4.5B-6.9%
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$973.0M-17.0%
Free cash flow$522.0M+558%

Valuation

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Market cap$95.45B+71.0%
Enterprise value$101.32B+68.2%
P/E22.8×+7.0×
P/S3.7×+1.5×

Profitability

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Gross margin27.1%-2.7pp
Operating margin26.8%0.0pp
Net margin16.2%+2.5pp
FCF margin6.2%-2.2pp

Returns & leverage

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Return on equity21.8%+2.1pp
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:CostsAndExpenses.

The source filing: Freeport-McMoRan Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000831259-26-000036
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Environmental obligations and shutdown costs13273037
Gain on PTFI mud rush incident insurance settlement(699)
Gain on sale of assets(18)(18)
Total costs and expenses5,0265,1509,1239,575
Operating income2,0032,4324,1403,735
Interest expense, net(95)(82)(209)(152)
Other income, net22413399
Income before income taxes and equity in affiliated companies’ net earnings1,9302,3913,9643,682

Item 1.Financial Statements.

FAQ

What is Freeport-McMoRan Inc.'s total costs & expenses?
Freeport-McMoRan Inc. (FCX) reported total costs & expenses of $5.03B in Q2 2026.
How has Freeport-McMoRan Inc.'s total costs & expenses changed year-over-year?
Freeport-McMoRan Inc.'s total costs & expenses decreased by 2.4% year-over-year, from $5.15B to $5.03B.
What is the long-term trend for Freeport-McMoRan Inc.'s total costs & expenses?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s total costs & expenses has grown at a 7.6% compound annual growth rate (CAGR), from $14.48B to $19.4B.
What does total costs & expenses mean?
This metric represents the aggregate of all operating and non-operating costs incurred by the company to generate revenue during a reporting period. It encompasses production and delivery costs, depreciation, administrative expenses, and exploration outlays necessary to maintain mining operations. Monitoring this figure allows investors to assess the company's overall cost structure and operational efficiency in managing its global extraction and refining activities.

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