FCXNYSEMetal MiningFiscal year ends December 31
FREEPORT-MCMORAN INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$69.75+0.21 (+0.30%)
Close on Oct 19, 2026
- Market cap
- $100.65B
- P/E (TTM)
- 34.4
- Dividend yield
- 0.86%
FREEPORT-MCMORAN INC revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grasberg Segment | $8.62B | $10.32B | $8.44B | – | – | – | – | – | – | – | 33.3% | -16.4% |
| Rod and Refining Segment | $6.89B | $6.24B | $5.93B | $6.28B | $6.36B | $4.78B | $4.46B | $5.10B | $4.46B | $3.83B | 26.6% | +10.4% |
| Cerro Verde | $4.71B | $4.26B | $4.12B | – | – | – | – | – | – | – | 18.2% | +10.6% |
| Atlantic Copper Smelting and Refining Segment | $3.17B | $3.02B | $2.81B | $2.44B | $2.96B | $2.02B | $2.06B | $2.30B | $2.03B | $1.83B | 12.2% | +5.0% |
| Morenci | $2.65B | $2.35B | $2.42B | – | – | – | – | – | – | – | 10.2% | +12.8% |
| Mining Operations [Member] | – | – | – | – | – | – | – | – | – | $13.32B | – | – |
| United States oil and gas operations | – | – | – | – | – | – | – | – | – | $1.51B | – | – |
| Molybdenum | – | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Grasberg Segment | $3.84B | $5.62B | $4.71B | – | – | – | – | – | – | – | -31.7% |
| Cerro Verde | $1.82B | $1.33B | $1.17B | – | – | – | – | – | – | – | +37.0% |
| Morenci | $607.00M | $315.00M | $502.00M | – | – | – | – | – | – | – | +92.7% |
| Rod and Refining Segment | $31.00M | $29.00M | $20.00M | -$23.00M | -$1.00M | -$25.00M | -$1.00M | $6.00M | $5.00M | $19.00M | +6.9% |
| Atlantic Copper Smelting and Refining Segment | $11.00M | $49.00M | $36.00M | -$61.00M | $21.00M | $25.00M | $49.00M | $36.00M | $20.00M | $72.00M | -77.6% |
| Mining Operations [Member] | – | – | – | – | – | – | – | – | – | $3.22B | – |
| United States oil and gas operations | – | – | – | – | – | – | – | – | – | -$5.71B | – |
| Molybdenum | – | -$11.00M | $172.00M | $129.00M | $123.00M | -$75.00M | -$67.00M | $42.00M | -$35.00M | -$94.00M | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Copper Cathode | $8.15B | $8.32B | $6.59B | $5.13B | $5.90B | $4.20B | $3.66B | $4.37B | $3.76B | $3.50B | 31.4% | -2.0% |
| Copper In Concentrates | $6.31B | $6.73B | $7.13B | $9.65B | $8.71B | $4.29B | $4.57B | $6.18B | $5.60B | $5.05B | 24.3% | -6.3% |
| Refined Copper Products | $4.42B | $3.85B | $3.66B | $3.70B | $3.37B | $2.05B | $2.11B | $2.40B | $2.39B | $2.08B | 17.1% | +14.7% |
| Gold | $3.90B | $4.45B | $3.47B | $3.40B | $2.58B | $1.70B | $1.62B | $3.23B | $2.13B | $1.59B | 15.0% | -12.3% |
| Molybdenum | $1.97B | $1.79B | $1.99B | $1.42B | $1.28B | $848.00M | $1.17B | $1.19B | $896.00M | $659.00M | 7.6% | +10.1% |
| Other | $749.00M | $646.00M | $600.00M | $688.00M | $821.00M | $592.00M | $905.00M | $1.49B | $1.16B | $2.15B | 2.9% | +15.9% |
| Purchased Copper | $449.00M | $684.00M | $452.00M | $481.00M | $757.00M | $821.00M | $1.06B | $1.05B | $789.00M | $428.00M | 1.7% | -34.4% |
| Oil | – | – | – | – | – | – | – | – | $73.00M | $1.30B | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $9.03B | $7.81B | $7.26B | $7.34B | $7.17B | $5.25B | $5.11B | $5.79B | $5.34B | $5.90B | 34.9% | +15.7% |
| Switzerland | $5.33B | $4.25B | $3.97B | $2.74B | $3.68B | $2.03B | $2.22B | $2.94B | $1.20B | $1.15B | 20.6% | +25.5% |
| Japan | $2.85B | $5.93B | $3.43B | $2.46B | $2.37B | $1.21B | $1.18B | $1.95B | $1.88B | $1.35B | 11.0% | -51.9% |
| Indonesia | $2.18B | $1.11B | $767.00M | $3.03B | $3.13B | $1.76B | $1.89B | $2.23B | $2.02B | $1.40B | 8.4% | +96.8% |
| Singapore | $1.25B | $1.12B | $1.18B | $1.49B | $156.00M | $191.00M | – | – | – | – | 4.8% | +11.6% |
| United Kingdom | $1.14B | $115.00M | $171.00M | $355.00M | $659.00M | $491.00M | $233.00M | $296.00M | $226.00M | $204.00M | 4.4% | +887.8% |
| Other | $1.04B | $1.08B | $1.13B | $1.04B | $1.32B | $1.05B | $1.35B | $1.32B | $1.19B | $943.00M | 4.0% | -3.8% |
| Spain | $723.00M | $1.05B | $1.25B | $1.17B | $1.50B | $785.00M | $884.00M | $1.07B | $1.09B | $878.00M | 2.8% | -31.3% |
| China | $636.00M | $743.00M | $1.08B | $929.00M | $1.04B | $692.00M | $531.00M | $873.00M | $1.14B | $1.13B | 2.5% | -14.4% |
| Chile | $471.00M | $451.00M | $428.00M | $383.00M | $343.00M | $221.00M | $242.00M | $294.00M | $248.00M | $250.00M | 1.8% | +4.4% |
| Germany | $332.00M | $500.00M | $714.00M | $632.00M | $469.00M | $248.00M | $311.00M | $256.00M | $161.00M | $162.00M | 1.3% | -33.6% |
| France | $315.00M | $306.00M | $226.00M | $177.00M | – | $153.00M | $198.00M | $255.00M | $122.00M | $80.00M | 1.2% | +2.9% |
| Egypt | $261.00M | $239.00M | $229.00M | $149.00M | $268.00M | $153.00M | $123.00M | – | – | – | 1.0% | +9.2% |
| South Korea | $193.00M | $203.00M | $267.00M | $302.00M | $270.00M | $89.00M | $140.00M | $269.00M | $364.00M | $219.00M | 0.7% | -4.9% |
| India | $163.00M | $273.00M | $354.00M | $330.00M | $207.00M | $152.00M | $107.00M | $389.00M | $782.00M | $553.00M | 0.6% | -40.3% |
| Philippines | $3.00M | $283.00M | $396.00M | $249.00M | $264.00M | $34.00M | $73.00M | $221.00M | $378.00M | $261.00M | 0.0% | -98.9% |
| South America | – | $4.53B | $4.15B | $4.21B | $4.46B | $2.71B | $3.08B | $3.30B | $3.31B | $2.75B | – | – |
| North America | – | $180.00M | $243.00M | $428.00M | $262.00M | $77.00M | $367.00M | $144.00M | $408.00M | $684.00M | – | – |
| Bermuda | – | – | – | – | – | $0 | $38.00M | $207.00M | $226.00M | $273.00M | – | – |
| Belgium | – | – | – | – | – | $36.00M | $160.00M | $278.00M | $39.00M | $87.00M | – | – |
From the segment and revenue-disaggregation notes of Freeport-Mcmoran's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.