FREEPORT-MCMORAN INC

Listed Company

FCXCIK 0000831259NYSELarge AcceleratedMetal MiningDelawareFY ends Dec 31

Period

FY 2025

Revenue

$25.91B

Net Income

$4.15B

Total Assets

$58.17B

Equity

$18.90B

Shares Out

1.44B

Op. Cash Flow

$5.61B

FCX$58.39+31.27% · past yearDBEQ Basic

Daily closing prices

Business

Freeport-McMoRan Inc. is a leading international copper producer with significant operations in the United States, South America and Indonesia. The company mines and processes copper, gold and molybdenum through open-pit and underground operations, selling products as concentrate, cathode and rod to customers globally. Its portfolio includes the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru, supported by integrated smelting, refining and rod manufacturing facilities.

Summary from 10-K filed 2026-02-13

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	25,915	25,455	22,855	22,780	22,845
Production and delivery	16,374	15,554	13,627	13,070	12,032
Depreciation, depletion and amortization	2,244	2,241	2,068	2,019	1,998
Total cost of sales	18,618	17,795	15,695	15,089	14,030
Selling, general and administrative expenses	545	513	479	420	383
Exploration Expense	192	156	137	115	55
Environmental obligations and shutdown costs	58	127	319	121	91
Gain on sales of assets	−16	0	0	−2	−80
Total costs and expenses	19,397	18,591	16,630	15,743	14,479
Operating income	6,518	6,864	6,225	7,037	8,366
Interest expense, net	−369	−319	−515	−560	−602
Net gain on early extinguishment of debt	0	0	10	31	0
Other income, net	223	362	286	207	−105
Income before income taxes and equity in affiliated companies net earnings	6,372	6,907	6,006	6,715	7,659
Provision for (benefit from) income taxes	−2,221	−2,523	−2,270	−2,267	−2,299
Equity in affiliated companies net earnings	1	15	15	31	5
Net income	4,152	4,399	3,751	4,479	5,365
Net income attributable to noncontrolling interests	−1,948	−2,510	−1,903	−1,011	−1,059
Net income attributable to common stockholders	2,204	1,889	1,848	3,468	4,306
Basic	1.53	1.31	1.28	2.4	2.93
Diluted	1.52	1.3	1.28	2.39	2.9
Basic (shares)	1,437	1,438	1,434	1,441	1,466
Diluted (shares)	1,443	1,445	1,443	1,451	1,482
Dividends declared per share of common stock (in dollars per share)	0.6	0.6	0.6	0.6	0.38

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	3,824	3,923	4,758	8,146	8,068
Restricted cash and cash equivalents	230	888	1,208	111	—
Trade accounts receivable	977	578	1,209	1,336	1,168
Value added and other tax receivables	686	564	455	—	—
Product	3,332	3,038	2,472	1,833	1,658
Total materials and supplies, net	2,700	2,400	2,200	1,964	1,669
Mill and leach stockpiles	1,423	1,388	1,419	1,383	1,170
Other current assets	580	535	375	381	523
Total current assets	13,790	13,296	14,065	15,613	14,830
Property, plant, equipment and mine development costs, net	40,736	38,514	35,295	32,627	30,345
Long-term mill and leach stockpiles	1,173	1,225	1,336	1,252	1,387
Long-term tax receivables	810	306	—	—	—
Other assets	1,658	1,507	1,810	1,601	1,460
Total assets	58,167	54,848	52,506	51,093	48,022
Accounts payable and accrued liabilities	4,565	4,057	3,729	4,027	3,495
Current portion of debt	466	41	766	1,037	372
Accrued income taxes	456	859	786	744	1,541
Current portion of environmental and asset retirement obligations	313	320	316	320	264
Dividends payable	219	219	218	217	220
Total current liabilities	6,019	5,496	5,815	6,345	5,892
Long-term debt, less current portion	8,913	8,907	8,656	9,583	9,078
Environmental and asset retirement obligations, less current portion	5,541	5,404	4,624	4,463	4,116
Deferred income taxes	4,622	4,376	4,453	4,269	4,234
Long-term leases	1,010	692	—	—	—
Other liabilities	1,296	1,195	1,648	1,562	1,683
Total liabilities	27,401	26,070	25,196	26,222	25,003
Common stock, par value $0.10, 1,627 shares and 1,624 shares issued, respectively	163	162	162	161	160
Capital in excess of par value	23,680	23,797	24,637	25,322	25,875
Retained earnings (accumulated deficit)	1,385	−170	−2,059	−3,907	−7,375
Accumulated other comprehensive loss	−305	−314	−274	−320	−388
Common stock held in treasury 191 shares and 187 shares, respectively, at cost	−6,024	−5,894	−5,773	−5,701	−4,292
Total stockholders equity	18,899	17,581	16,693	15,555	13,980
Noncontrolling interests	11,867	11,197	10,617	9,316	9,039
Total equity	30,766	28,778	27,310	24,871	23,019
Total liabilities and equity	58,167	54,848	52,506	51,093	48,022

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation, depletion and amortization	2,244	2,241	2,068	2,019	1,998
Net charges for environmental and asset retirement obligations, including accretion	291	622	295	369	540
Payments for environmental and asset retirement obligations	244	234	250	274	273
Stock-based compensation	121	109	109	95	98
Net charges for defined pension and postretirement plans	62	35	62	45	4
Pension plan contributions	−37	−78	−75	−54	−109
Deferred income taxes	247	−76	182	36	−171
Charges for PT Freeport Indonesias (PTFI) social investment programs	86	103	84	84	75
Payments for PTFI social investment programs	−65	−54	−44	−11	−67
Impairment of oil and gas properties	64	69	67	0	0
Charges for talc-related litigation reserves	4	0	65	—	—
Changes in deferred profit on PTFI sales to PT Smelting	0	0	−112	−14	86
Other, net	23	53	−33	−3	−77
Accounts receivable	−521	460	166	56	−472
Inventories	−709	−638	−873	−573	−618
Other current assets	−55	−41	−29	−12	−101
Accounts payable and accrued liabilities	802	143	−161	−73	487
Accrued income taxes and timing of other tax payments	−855	47	17	−999	1,451
Net cash provided by (used in) operating activities	5,610	7,160	5,279	5,139	7,715
Capital expenditures	−4,494	−4,808	−4,824	−3,469	−2,115
Acquisition of additional ownership interest in Cerro Verde	0	−210	0	0	—
Loans to PT Smelting for expansion	0	−28	−129	−65	−36
Other, net	22	18	−3	−14	−27
Net cash provided by (used in) investing activities	−4,472	−5,028	−4,956	−3,440	−1,964
Proceeds from debt	3,195	2,251	1,781	5,735	1,201
Repayments of debt	−2,777	−2,731	−2,980	−4,515	−1,461
Finance lease payments	−37	−41	−3	−7	—
Common stock	−865	−865	−863	−866	−331
Noncontrolling interests	−1,274	−1,833	−625	−840	−583
Treasury stock purchases	−107	−59	0	−1,347	−488
Proceeds from exercised stock options	12	29	47	125	210
Payments for withholding of employee taxes related to stock-based awards	−23	−35	−50	−55	−29
Contributions from noncontrolling interests	0	0	50	189	182
Other, net	0	0	−7	−42	−41
Net cash used in financing activities	−1,876	−3,284	−2,650	−1,623	−1,340
Net decrease in cash and cash equivalents and restricted cash and cash equivalents	−738	−1,152	−2,327	76	4,411

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is FREEPORT-MCMORAN INC's CIK number?

FREEPORT-MCMORAN INC's SEC CIK number is 0000831259 (831259). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find FREEPORT-MCMORAN INC's SEC filings?

All of FREEPORT-MCMORAN INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did FREEPORT-MCMORAN INC last report earnings?

FREEPORT-MCMORAN INC (FCX) most recently filed an earnings 8-K with the SEC on Apr 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000831259-26-000021). This is FREEPORT-MCMORAN INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is FREEPORT-MCMORAN INC's most recent earnings 8-K?

FREEPORT-MCMORAN INC's latest earnings 8-K (Item 2.02) was filed Apr 23, 2026 under accession 0000831259-26-000021. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View FREEPORT-MCMORAN INC's latest earnings 8-K →
Look up any company's CIK number →