Revenue
$25.92B
Fiscal year ended 2025-12-31Operating income
$6.52B
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31Valuation, from the filing
| Public float | $61.90B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $43.07 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / revenue | 2.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 2.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
How this compares in its industry
Percentile among the Metal Mining filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| SBC / revenue | 0.5% | 0th | |
| Operating margin | 25.2% | 90th | |
| Long-term debt / equity | 0.29x | 25th | |
| Revenue YoY growth | 1.8% | 60th | |
| Current ratio | 2.29x | 59th | |
| Gross margin | 28.2% | 42th |
FREEPORT-MCMORAN INC (FCX) reported revenue of $25.92B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FREEPORT-MCMORAN INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Metal Mining.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.92B | $25.46B | $22.86B | $22.78B | $22.84B | $14.20B | $14.40B | $18.63B | $16.40B | $14.83B |
| Cost of revenue | $18.62B | $17.80B | $15.70B | $15.09B | $14.03B | $11.66B | $13.12B | $13.47B | $11.98B | $17.53B |
| Gross profit | $7.30B | $7.66B | $7.16B | $7.69B | $8.82B | $2.54B | $1.28B | $5.16B | $4.42B | -$2.70B |
| Operating income | $6.52B | $6.86B | $6.22B | $7.04B | $8.37B | $2.44B | $1.09B | $4.75B | $3.69B | -$2.73B |
| Net income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 1.44B | shares 1.44B | shares 1.44B | shares 1.45B | shares 1.48B | shares 1.46B | shares 1.45B | shares 1.46B | shares 1.45B | shares 1.32B |
| Pretax income | $6.37B | $6.91B | $6.01B | $6.72B | $7.66B | $1.80B | $306.00M | $3.89B | $2.90B | -$3.47B |
| Income tax expense | $2.22B | $2.52B | $2.27B | $2.27B | $2.30B | $944.00M | $510.00M | $991.00M | $883.00M | $371.00M |
| Diluted EPS | Unavailable | Unavailable | Unavailable | Unavailable | $2.90 | $0.41 | $-0.17 | $1.78 | $1.25 | $-3.16 |
| Selling, general & administrative | $545.00M | $513.00M | $479.00M | $420.00M | $383.00M | $370.00M | $394.00M | $422.00M | $477.00M | $597.00M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $3.82B | $3.92B | $4.76B | $8.15B | $8.07B | $3.66B | $2.02B | $4.22B | $4.53B | $4.24B |
| Total assets | $58.17B | $54.85B | $52.51B | $51.09B | $48.02B | $42.14B | $40.81B | $42.22B | $37.30B | $37.32B |
| Current assets | $13.79B | $13.30B | $14.06B | $15.61B | $14.83B | $9.30B | $7.92B | $10.46B | $10.63B | $10.44B |
| Total liabilities | $27.40B | $26.07B | $25.20B | $26.22B | $25.00B | $23.48B | $23.36B | $24.32B | $26.01B | $28.06B |
| Current liabilities | $6.02B | $5.50B | $5.82B | $6.34B | $5.89B | $3.42B | $3.21B | $3.33B | $4.91B | $4.26B |
| Total equity incl. NCI | $30.77B | $28.78B | $27.31B | $24.87B | $23.02B | $18.67B | $17.45B | $17.89B | $11.30B | $9.26B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $977.00M | $578.00M | $1.21B | $1.34B | $1.17B | $892.00M | $741.00M | $829.00M | $1.32B | $1.13B |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $8.91B | $8.91B | $8.66B | $9.58B | $9.08B | $9.68B | $9.82B | $11.12B | $11.82B | $2.23B |
| Accounts payable | $2.95B | $2.79B | $2.47B | $2.70B | $2.04B | $1.47B | $1.65B | $1.66B | $1.55B | $1.54B |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.61B | $7.16B | $5.28B | $5.14B | $7.72B | $3.02B | $1.48B | $3.86B | $4.67B | $3.74B |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$4.47B | -$5.03B | -$4.96B | -$3.44B | -$1.96B | -$1.26B | -$2.10B | -$5.02B | -$1.32B | $3.55B |
| Financing cash flow | -$1.88B | -$3.28B | -$2.65B | -$1.62B | -$1.34B | -$128.00M | -$1.56B | $900.00M | -$3.06B | -$3.17B |
| Net change in cash | -$738.00M | -$1.15B | -$2.33B | $76.00M | $4.41B | $1.62B | -$2.18B | -$255.00M | $290.00M | $4.12B |
| Stock-based compensation | $121.00M | $109.00M | $109.00M | $95.00M | $98.00M | $99.00M | $63.00M | $76.00M | $71.00M | $86.00M |
| Common dividends paid | $865.00M | $865.00M | $863.00M | $866.00M | $331.00M | $73.00M | $291.00M | $218.00M | $2.00M | $6.00M |
| Common share repurchases | $107.00M | $59.00M | $0 | $1.35B | $488.00M | $0 | $0 | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $2.24B | $2.24B | $2.07B | $2.02B | $2.00B | $1.53B | $1.41B | $1.75B | $1.71B | $2.61B |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 28.2% | 30.1% | 31.3% | 33.8% | 38.6% | 17.9% | 8.9% | 27.7% | 27.0% | -18.2% |
| Operating margin | 25.2% | 27.0% | 27.2% | 30.9% | 36.6% | 17.2% | 7.6% | 25.5% | 22.5% | -18.4% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.5% | 0.4% | 0.5% | 0.4% | 0.4% | 0.7% | 0.4% | 0.4% | 0.4% | 0.6% |
| Current ratio | 2.29x | 2.42x | 2.42x | 2.46x | 2.52x | 2.72x | 2.47x | 3.14x | 2.16x | 2.45x |
| Revenue YoY growth | 1.8% | 11.4% | 0.3% | -0.3% | 60.9% | -1.4% | -22.7% | 13.6% | 10.6% | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.29x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 34.9% | 36.5% | 37.8% | 33.8% | 30.0% | 52.5% | 166.7% | 25.5% | 30.4% | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FCX in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-02-13View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.