Freeport-McMoRan Inc.

FCX Basic Materials Copper

Freeport-McMoRan Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.9 billion, up 1.81% from fiscal 2024.

Revenue
+8.23%
EPS
+28.3%
Free cash flow
+25.5%
Total debt
+1.08%

Quarter to September 2026, against a year earlier

58.29 4.31 −6.88%
Market cap
$83.2B
P/E
28.7×
Fwd P/E
19.6×
Dividend yield
0.51%
F-score
6/9
Altman Z
2.61
Beneish M
−2.09
Dividend safety
28/100

Freeport-McMoRan Inc. (FCX) Operating margin

Alert me on Operating margin

Freeport-McMoRan Inc.'s operating margin over the twelve months to 30 September 2026 was 27.6%, up 2.5 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 34.6% and above the Basic Materials sector median of 2.88%.

Operating margin, annual

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Annual newest first

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 newest first

Period Operating margin Change (points)
Sep 2026 31.2% 2.68
Jun 2026 28.5% (5.78)
Mar 2026 34.3% 19.88
Dec 2025 14.4% (13.88)
43 more quarters

Against its own ten years

Low −92.5% High 36.6%
Ten-year median 25.2%
Current reading's percentile 72

Operating margin against peers

Company Operating margin
IE Ivanhoe Electric Inc. compare 285.9%
SCCO Southern Copper Corporation compare 58.6%
HBM HudBay Minerals Inc compare 44.7%
ERO Ero Copper Corp. compare 34.6%
FCX Freeport-McMoRan Inc. 27.6%
COPR Idaho Copper Corporation compare 0.00%
LCU Lion Copper Corp. compare 0.00%
Copper industry median 34.6%
Basic Materials sector median 2.88%
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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