FCX financial statements
The full income statement, balance sheet, and cash-flow statement for Freeport-McMoRan Inc. (FCX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 25.2B+0.1% | 25.2B+10.9% | 22.7B-2.4% | 23.3B+3.8% | 22.4B+61.4% | |
| Cost of revenue | 18.6B+4.6% | 17.8B+13.4% | 15.7B+4.0% | 15.1B+7.5% | 14.0B+20.4% | |
| Selling, general & administrative | 545M+6.2% | 513M+7.1% | 479M+14.0% | 420M+9.7% | 383M+3.5% | |
| Operating income | 6.52B-5.0% | 6.86B+10.3% | 6.22B-11.5% | 7.04B-15.9% | 8.37B+243.3% | |
| Net interest income | -369M-15.7% | -319M+38.1% | -515M+8.0% | -560M+7.0% | -602M-0.7% | |
| Other non-operating income | 223M-38.4% | 362M+26.6% | 286M+38.2% | 207M+297.1% | -105M-278.0% | |
| Equity-method income | 1.00M-93.3% | 15.0M+0.0% | 15.0M-51.6% | 31.0M+520.0% | 5.00M-58.3% | |
| Pre-tax income | 6.37B-7.7% | 6.91B+15.0% | 6.01B-10.6% | 6.71B-12.3% | 7.66B+326.2% | |
| Income tax | 2.22B-12.0% | 2.52B+11.1% | 2.27B+0.1% | 2.27B-1.4% | 2.30B+143.5% | |
| 2.20B+16.7% | 1.89B+2.2% | 1.85B-46.7% | 3.47B-19.5% | 4.31B+618.9% | ||
| Income from continuing operations | — | — | — | — | 4.30B+621.3% | |
| Discontinued operations | — | — | — | — | 0.00 | |
| Net income to non-controlling interest | 1.95B-22.4% | 2.51B+31.9% | 1.90B+88.2% | 1.01B-4.5% | 1.06B+298.1% | |
| Net income to common | 2.20B+16.7% | 1.89B+2.2% | 1.85B-46.7% | 3.47B-19.5% | 4.31B+618.9% | |
| — | — | — | — | $2.90+607.3% | ||
| EPS (basic) | — | — | — | — | $2.93+614.6% | |
| Weighted-avg shares (basic) | 1.44B-0.1% | 1.44B+0.3% | 1.43B-0.5% | 1.44B-1.7% | 1.47B+0.9% | |
| Weighted-avg shares (diluted) | 1.44B-0.1% | 1.45B+0.1% | 1.44B-0.6% | 1.45B-2.1% | 1.48B+1.4% | |
| Dividends per share | $0.60+0.0% | $0.60+0.0% | $0.60+0.0% | $0.60+60.0% | $0.38 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 13.8B+3.7% | 13.3B-5.5% | 14.1B-9.9% | 15.6B+5.3% | 14.8B+59.4% | ||
| Cash & equivalents | 3.82B-2.5% | 3.92B-17.5% | 4.76B-41.6% | 8.15B+1.0% | 8.07B+120.6% | |
| Accounts receivable | 977M+69.0% | 578M-52.2% | 1.21B-9.5% | 1.34B+14.4% | 1.17B+30.9% | |
| Other current assets | 580M+8.4% | 535M+42.7% | 375M-1.6% | 381M-27.2% | 523M+53.4% | |
| 58.2B+6.1% | 54.8B+4.5% | 52.5B+2.8% | 51.1B+6.4% | 48.0B+13.9% | ||
| Property, plant & equipment | 40.7B+5.8% | 38.5B+9.1% | 35.3B+8.2% | 32.6B+7.5% | 30.3B+1.8% | |
| Operating lease right-of-use | 1.21B+41.3% | 853M+90.4% | 448M+31.0% | 342M+1.5% | 337M+62.8% | |
| Intangible assets | 432M+0.9% | 428M+1.4% | 422M+1.4% | 416M+1.0% | 412M+2.7% | |
| Other non-current assets | 1.66B+10.0% | 1.51B-16.7% | 1.81B+13.1% | 1.60B+9.7% | 1.46B-6.4% | |
| 6.02B+9.5% | 5.50B-5.5% | 5.82B-8.4% | 6.34B+7.7% | 5.89B+72.4% | ||
| Accounts payable | 2.95B+5.7% | 2.79B+13.1% | 2.47B-8.7% | 2.70B+32.7% | 2.04B+38.2% | |
| Accrued liabilities | 4.57B+12.5% | 4.06B+8.8% | 3.73B-7.4% | 4.03B+15.2% | 3.50B+29.1% | |
| Short-term & current debt | 466M+1036.6% | 41.0M-94.6% | 766M-26.1% | 1.04B+178.8% | 372M+994.1% | |
| Current lease liability | 103M+5.1% | 98.0M+16.7% | 84.0M+121.1% | 38.0M+0.0% | 38.0M+0.0% | |
| 27.4B+5.1% | 26.1B+3.5% | 25.2B-3.9% | 26.2B+4.9% | 25.0B+6.5% | ||
| Long-term debt | 8.91B+0.1% | 8.91B+2.9% | 8.66B-9.7% | 9.58B+5.6% | 9.08B-6.2% | |
| Non-current lease liability | 1.01B+46.0% | 692M+99.4% | 347M+18.0% | 294M+4.6% | 281M+47.9% | |
| Operating lease liability (total) | 1.11B+40.9% | 790M+83.3% | 431M+29.8% | 332M+4.1% | 319M+39.9% | |
| Deferred tax liabilities | 4.62B+5.6% | 4.38B-1.7% | 4.45B+4.3% | 4.27B+0.8% | 4.23B-3.9% | |
| Other non-current liabilities | 1.30B+8.5% | 1.20B-27.5% | 1.65B+5.5% | 1.56B-7.2% | 1.68B-25.8% | |
| 18.9B+7.5% | 17.6B+5.3% | 16.7B+7.3% | 15.6B+11.3% | 14.0B+37.4% | ||
| Common stock | 163M+0.6% | 162M+0.0% | 162M+0.6% | 161M+0.6% | 160M+0.6% | |
| Additional paid-in capital | 23.7B-0.5% | 23.8B-3.4% | 24.6B-2.7% | 25.3B-2.1% | 25.9B-0.6% | |
| Retained earnings | 1.39B+914.7% | -170M+91.7% | -2.06B+47.3% | -3.91B+47.0% | -7.38B+36.9% | |
| Treasury stock | 6.02B+2.2% | 5.89B+2.1% | 5.77B+1.3% | 5.70B+32.8% | 4.29B+14.2% | |
| Accumulated other comprehensive income | -305M+2.9% | -314M-14.6% | -274M+14.4% | -320M+17.5% | -388M+33.4% | |
| Non-controlling interest | 11.9B+6.0% | 11.2B+5.5% | 10.6B+14.0% | 9.32B+3.1% | 9.04B+6.4% | |
| Total equity incl. non-controlling | 30.8B+6.9% | 28.8B+5.4% | 27.3B+9.8% | 24.9B+8.0% | 23.0B+23.3% | |
| Total liabilities & equity | 58.2B+6.1% | 54.8B+4.5% | 52.5B+2.8% | 51.1B+6.4% | 48.0B+13.9% | |
| Common shares issued | 1.63B+0.2% | 1.62B+0.3% | 1.62B+0.4% | 1.61B+0.6% | 1.60B+0.8% | |
| Shares outstanding (cover) | 1.44B+0.0% | 1.44B+0.2% | 1.43B+0.3% | 1.43B-1.7% | 1.45B-0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.61B-21.6% | 7.16B+35.6% | 5.28B+2.7% | 5.14B-33.4% | 7.71B+155.7% | ||
| Depreciation & amortization | 2.24B+0.1% | 2.24B+8.4% | 2.07B+2.4% | 2.02B+1.1% | 2.00B+30.8% | |
| Share-based compensation | 121M+11.0% | 109M+0.0% | 109M+14.7% | 95.0M-3.1% | 98.0M-1.0% | |
| Deferred income taxes | 253M+441.9% | -74.0M-119.8% | 373M+24.7% | 299M+41.7% | 211M-29.2% | |
| Change in inventory | 709M+11.1% | 638M-26.9% | 873M+52.4% | 573M-7.3% | 618M+1571.4% | |
| Other operating activities | 23.0M-56.6% | 53.0M+260.6% | -33.0M-1000.0% | -3.00M+96.1% | -77.0M-240.0% | |
| -4.47B+11.1% | -5.03B-1.5% | -4.96B-44.1% | -3.44B-75.2% | -1.96B-55.4% | ||
| Capital expenditure | 4.49B-6.5% | 4.81B-0.3% | 4.82B+39.1% | 3.47B+64.0% | 2.12B+7.9% | |
| Free cash flow | 1.12B-52.6% | 2.35B+416.9% | 455M-72.8% | 1.67B-70.2% | 5.60B+430.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | -22.0M-22.2% | -18.0M-700.0% | 3.00M-78.6% | 14.0M-48.1% | 27.0M+285.7% | |
| -1.88B+42.9% | -3.28B-23.9% | -2.65B-63.3% | -1.62B-21.1% | -1.34B-946.9% | ||
| Long-term debt issued | 3.19B+41.9% | 2.25B+26.4% | 1.78B-68.9% | 5.74B+377.5% | 1.20B-66.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 107M+81.4% | 59.0M | 0.00-100.0% | 1.35B+176.0% | 488M | |
| Dividends paid | 865M+0.0% | 865M+0.2% | 863M-0.3% | 866M+161.6% | 331M+353.4% | |
| Other financing activities | 0.00 | 0.00+100.0% | -7.00M+83.3% | -42.0M-2.4% | -41.0M+21.2% | |
| Net change in cash | -738M+35.9% | -1.15B+50.5% | -2.33B-3161.8% | 76.0M-98.3% | 4.41B+171.4% | |
| Interest paid | 256M+24.3% | 206M-50.8% | 419M+0.5% | 417M-34.8% | 640M+35.6% | |
| Income taxes paid | 2.90B+13.6% | 2.55B+27.2% | 2.01B-35.3% | 3.10B+138.5% | 1.30B+227.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 73.0B+33.4% | 54.7B-10.4% | 61.0B+12.4% | 54.3B-10.5% | 60.7B+60.0% | |
| P/E | 33.1×+14.3% | 29.0×+2.4% | 28.3×+102.0% | 14.0×-0.6% | 14.1×-77.7% | |
| P/S | 2.9×+33.3% | 2.2×-20.4% | 2.7×+19.7% | 2.3×-15.7% | 2.7×-0.9% | |
| P/B | 3.9×+24.1% | 3.1×-16.1% | 3.7×+2.1% | 3.6×-16.4% | 4.3×+16.4% | |
| P/FCF | 65.4×+181.1% | 23.3×-80.2% | 117.6×+583.7% | 17.2×+58.7% | 10.8×-69.8% | |
| Earnings yield | 3.0%-12.5% | 3.5%-2.3% | 3.5%-50.5% | 7.1%+0.6% | 7.1%+349.4% | |
| FCF yield | 1.5%-64.4% | 4.3%+405.5% | 0.85%-85.4% | 5.8%-37.0% | 9.2%+231.5% | |
| Dividend yield | 1.2%-25.0% | 1.6%+11.8% | 1.4%-10.7% | 1.6%+75.7% | 0.90% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FCX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FCX filings on SEC EDGAR → Not investment advice.
