Freeport-McMoRan Inc. FCX

72.31 0.23 0.32% as of 25 Sep
Market cap
$104.1B
P/E
35.6×
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Growth Flags show if company had growth for consecutive years

Freeport-McMoRan Inc. (FCX) Operating margin

Freeport-McMoRan Inc.'s operating margin over the twelve months to 30 June 2026 was 26.8%, up 1.6 percentage points from fiscal 2025 (25.2%). Over the past ten years it has ranged from −92.5% (fiscal 2015) to 36.6% (fiscal 2021); the current reading is higher than 55% of that period. That is below the Copper industry median of 44.7% and above the Basic Materials sector median of 0.82%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 25.2% (1.82)
FY2024 27.0% (0.27)
FY2023 27.2% (3.65)
FY2022 30.9% (5.73)
FY2021 36.6% 19.46
FY2020 17.2% 9.58
FY2019 7.58% (17.94)
FY2018 25.5% 3.02
FY2017 22.5% 40.90
FY2016 −18.4% 74.10

Quarterly

Period Operating margin Change (points)
Jun 2026 28.5% (5.78)
Mar 2026 34.3% 19.88
Dec 2025 14.4% (13.88)
Sep 2025 28.3% (3.80)
42 more quarters

Against its own ten years

Low −92.5% High 36.6%
Ten-year median 25.2%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
IE Ivanhoe Electric Inc. compare 474.5%
SCCO Southern Copper Corporation compare 56.9%
HBM HudBay Minerals Inc compare 44.7%
ERO Ero Copper Corp. compare 34.6%
FCX Freeport-McMoRan Inc. 26.8%
Copper industry median 44.7%
Basic Materials sector median 0.82%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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