Stocks · Materials · Metal Mining

Freeport-McMoRan

FCX Clue Score43
United States Fiscal year ends December CIK 0000831259
$73.69 +3.58% Close, 9 Oct 2026
Price $73.69 +109.17% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue14.56Operating income−2.73Net income−4.03EPS, diluted−3.16Fiscal year 2017Revenue15.89 +9.1%Operating income3.69Net income2.10EPS, diluted1.25Fiscal year 2018Revenue18.95 +19.2%Operating income4.75Net income2.89 +38.1%EPS, diluted1.78 +42.4%Fiscal year 2019Revenue14.35 −24.3%Operating income1.09Net income−0.19 −106.5%EPS, diluted−0.17 −109.6%Fiscal year 2020Revenue13.89 −3.2%Operating income2.44Net income0.87EPS, diluted0.41Fiscal year 2021Revenue22.42 +61.4%Operating income8.37EPS, diluted2.90 +607.3%Fiscal year 2022Revenue23.27 +3.8%Operating income7.04EPS, diluted2.39 −17.6%Fiscal year 2023Revenue22.70 −2.4%Operating income6.23EPS, diluted1.28 −46.4%Fiscal year 2024Revenue25.17 +10.9%Operating income6.86EPS, diluted1.30 +1.6%Fiscal year 2025Revenue25.19 +0.1%Operating income6.52EPS, diluted1.52 +16.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 14.56 15.89 18.95 14.35 13.89 22.42 23.27 22.70 25.17 25.19
Growth +9.1% +19.2% −24.3% −3.2% +61.4% +3.8% −2.4% +10.9% +0.1%
Operating income −2.73 3.69 4.75 1.09 2.44 8.37 7.04 6.23 6.86 6.52
Net income −4.03 2.10 2.89 −0.19 0.87 n/a n/a n/a n/a n/a
Growth +38.1% −106.5%
EPS, diluted −3.16 1.25 1.78 −0.17 0.41 2.90 2.39 1.28 1.30 1.52
Growth +42.4% −109.6% +607.3% −17.6% −46.4% +1.6% +16.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−18.7%Net margin−27.6%Free cash flow margin6.3%Fiscal year 2017Operating margin23.2%Net margin13.2%Free cash flow margin20.5%Fiscal year 2018Operating margin25.1%Net margin15.3%Free cash flow margin10.0%Fiscal year 2019Operating margin7.6%Net margin−1.3%Free cash flow margin−8.2%Fiscal year 2020Operating margin17.5%Net margin6.2%Free cash flow margin7.6%Fiscal year 2021Operating margin37.3%Free cash flow margin25.0%Fiscal year 2022Operating margin30.2%Free cash flow margin7.2%Fiscal year 2023Operating margin27.4%Free cash flow margin2.0%Fiscal year 2024Operating margin27.3%Free cash flow margin9.3%Fiscal year 2025Operating margin25.9%Free cash flow margin4.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −18.7% 23.2% 25.1% 7.6% 17.5% 37.3% 30.2% 27.4% 27.3% 25.9%
Net margin −27.6% 13.2% 15.3% −1.3% 6.2% n/a n/a n/a n/a n/a
Free cash flow margin 6.3% 20.5% 10.0% −8.2% 7.6% 25.0% 7.2% 2.0% 9.3% 4.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow3.74Capital expenditure−2.81Free cash flow0.92Dividends paid−0.01Fiscal year 2017Operating cash flow4.67Capital expenditure−1.41Free cash flow3.26 +252.4%Dividends paid−0.00Fiscal year 2018Operating cash flow3.86Capital expenditure−1.97Free cash flow1.89 −41.9%Dividends paid−0.22Fiscal year 2019Operating cash flow1.48Capital expenditure−2.65Free cash flow−1.17 −161.8%Buybacks0.00Dividends paid−0.29Fiscal year 2020Operating cash flow3.02Capital expenditure−1.96Free cash flow1.06Buybacks0.00Dividends paid−0.07Fiscal year 2021Operating cash flow7.72Capital expenditure−2.12Free cash flow5.60 +430.3%Buybacks−0.49Dividends paid−0.33Fiscal year 2022Operating cash flow5.14Capital expenditure−3.47Free cash flow1.67 −70.2%Buybacks−1.35Dividends paid−0.87Fiscal year 2023Operating cash flow5.28Capital expenditure−4.82Free cash flow0.46 −72.8%Buybacks0.00Dividends paid−0.86Fiscal year 2024Operating cash flow7.16Capital expenditure−4.81Free cash flow2.35 +416.9%Buybacks−0.06Dividends paid−0.87Fiscal year 2025Operating cash flow5.61Capital expenditure−4.49Free cash flow1.12 −52.6%Buybacks−0.11Dividends paid−0.87
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 3.74 4.67 3.86 1.48 3.02 7.72 5.14 5.28 7.16 5.61
Capital expenditure −2.81 −1.41 −1.97 −2.65 −1.96 −2.12 −3.47 −4.82 −4.81 −4.49
Free cash flow 0.92 3.26 1.89 −1.17 1.06 5.60 1.67 0.46 2.35 1.12
Growth +252.4% −41.9% −161.8% +430.3% −70.2% −72.8% +416.9% −52.6%
Buybacks n/a n/a n/a 0.00 0.00 −0.49 −1.35 0.00 −0.06 −0.11
Dividends paid −0.01 −0.00 −0.22 −0.29 −0.07 −0.33 −0.87 −0.86 −0.87 −0.87

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash4.25Total debt14.80Net cash (debt)−10.55Shareholders’ equity6.05Debt to equity2.45Fiscal year 2017Cash4.53Total debt11.82Net cash (debt)−7.29Shareholders’ equity7.98Debt to equity1.48Fiscal year 2018Cash4.22Total debt11.14Net cash (debt)−6.92Shareholders’ equity9.80Debt to equity1.14Fiscal year 2019Cash2.02Total debt9.83Net cash (debt)−7.81Shareholders’ equity9.30Debt to equity1.06Fiscal year 2020Cash3.66Total debt9.71Net cash (debt)−6.05Shareholders’ equity10.17Debt to equity0.95Fiscal year 2021Cash8.07Total debt9.45Net cash (debt)−1.38Shareholders’ equity13.98Debt to equity0.68Fiscal year 2022Cash8.15Total debt10.62Net cash (debt)−2.47Shareholders’ equity15.56Debt to equity0.68Fiscal year 2023Cash4.76Total debt9.42Net cash (debt)−4.66Shareholders’ equity16.69Debt to equity0.56Fiscal year 2024Cash3.92Total debt8.95Net cash (debt)−5.03Shareholders’ equity17.58Debt to equity0.51Fiscal year 2025Cash3.82Total debt9.38Net cash (debt)−5.56Shareholders’ equity18.90Debt to equity0.50
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 4.25 4.53 4.22 2.02 3.66 8.07 8.15 4.76 3.92 3.82
Total debt 14.80 11.82 11.14 9.83 9.71 9.45 10.62 9.42 8.95 9.38
Net cash (debt) −10.55 −7.29 −6.92 −7.81 −6.05 −1.38 −2.47 −4.66 −5.03 −5.56
Shareholders’ equity 6.05 7.98 9.80 9.30 10.17 13.98 15.56 16.69 17.58 18.90
Debt to equity 2.45 1.48 1.14 1.06 0.95 0.68 0.68 0.56 0.51 0.50

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−18.7% 23.2% 25.1% 7.6% 17.5% 37.3% 30.2% 27.4% 27.3% 25.9%
−23.8% 18.3% 20.5% 2.1% 12.9% 34.2% 28.9% 26.5% 27.4% 25.3%
−27.6% 13.2% 15.3% −1.3% 6.2% n/a n/a n/a n/a n/a
6.3% 20.5% 10.0% −8.2% 7.6% 25.0% 7.2% 2.0% 9.3% 4.4%
Spending
4.1% 3.0% 2.2% 2.7% 2.7% 1.7% 1.8% 2.1% 2.0% 2.2%
19.3% 8.9% 10.4% 18.5% 14.1% 9.4% 14.9% 21.2% 19.1% 17.8%
n/a 30.4% 25.5% 166.7% 52.5% 30.0% 33.8% 37.8% 36.5% 34.9%
Returns
−66.5% 26.3% 29.5% −2.0% 8.5% n/a n/a n/a n/a n/a
−10.8% 5.6% 6.9% −0.5% 2.1% n/a n/a n/a n/a n/a
Balance and payout
2.45 1.48 1.14 1.06 0.95 0.68 0.68 0.56 0.51 0.50
75.2% 69.7% 57.6% 57.2% 55.7% 52.1% 51.3% 48.0% 47.5% 47.1%
n/a 0.1% 7.5% n/a 8.4% n/a n/a n/a n/a n/a
0.6% 0.1% 11.5% n/a 6.9% 14.6% 132.5% 189.7% 39.3% 87.1%