Freeport-McMoRan is transitioning from a heavy capex phase to a cash generation phase, with the Grasberg underground ramp-up driving a 43.2% FCF margin in 2026Q2 and cumulative operating cash flow of $16.3B over the last ten quarters. The company's fortress ba...
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Revenue growth has been volatile, with 2026Q2 revenue down -7.3% YoY to $7.0B, yet gross margin of 31.1% remains above the 10-quarter average of 27.7%, supported by gold byproduct credits from Grasberg.
The Grasberg deal is a key long-term bullish driver for Freeport-McMoRan, contributing to its growth prospects.
Increasing global demand for copper positions Freeport-McMoRan favorably as a leading producer in the market.
Freeport-McMoRan's exposure to gold provides additional revenue diversification and upside potential.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 22, 2026 | $0.68+13.3% vs $0.60 | $7.0B+6.2% vs $6.6B |
Q2 2026 Apr 23, 2026 | $0.57+22.2% vs $0.47 | $6.2B+8.8% vs $5.7B |
Q1 2026 Jan 22, 2026 | $0.47+64.8% vs $0.29 | $5.6B+6.4% vs $5.3B |
Q4 2025 Oct 23, 2025 | $0.50+18.7% vs $0.42 | $7.0B+3.9% vs $6.7B |
Freeport-McMoRan has multiple low-cost supply expansion opportunities to take advantage of high copper prices. Strong demand trends and supply constraints may support higher long-term prices for copper.
Freeport-McMoRan (NYSE: FCX) is pursuing growth through U.S. brownfield expansions, technology investments and the recovery of its Grasberg mine in Indonesia, President and CEO Kathleen Quirk said during a Morgan Stanley conference discussion. Quirk said copper remains the company's central focus as electrification and related power and energy infrastructure increase demand for the metal. She said
Freeport-McMoRan (FCX) concluded the recent trading session at $70.84, signifying a +2.3% move from its prior day's close.
Toronto, Ontario--(Newsfile Corp. - September 17, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that its geophysics contractor has completed the new drone magnetic and gravity surveys at its 100%-owned Khaleesi copper project ("Khaleesi" or "the Project") in southern Peru (see press release dated June 24, 2026). High-resolution unmanned aerial vehicle (UAV) drone magnetometer and gravity geophysical surveys were initially planned over 900 hectares.
Benchmark FCX against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Freeport-McMoRan Inc. (FCX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $74.35 | $106.88B | 48.91 | 1.12% | 8.56% | 7.4% | 0.81% | |
| $206.14 | $171.99B | 39.34 | 17.38% | 35.9% | 49.08% | — | |
| $68.88 | $33.27B | 34.15 | 18.56% | 17.85% | 9.29% | — | |
| $44.71 | $11.8B | 10.07 | 5.31% | 9.39% | 18.95% | — | |
| $27.74 | $12.32B | 19.00 | 9.39% | 27.12% | 17.33% | — | |
| $24.94 | $481.67M | 8.81 | 38.86% | 23.31% | 22.14% | — |
Freeport-McMoRan Inc. (FCX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Freeport-McMoRan Inc. (FCX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 23, 2026·SEC
Jun 10, 2026·SEC
May 20, 2026·SEC
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Freeport-McMoRan Inc. (FCX) stock FAQ — growth, dividends, profitability & financials explained
Freeport-McMoRan Inc. (FCX) reported $25.87B in revenue for fiscal year 2025. This represents a 1258% increase from $1.91B in 1996.
Freeport-McMoRan Inc. (FCX) grew revenue by 1.1% over the past year. Growth has been modest.
Yes, Freeport-McMoRan Inc. (FCX) is profitable, generating $2.94B in net income for fiscal year 2025 (8.6% net margin).
Yes, Freeport-McMoRan Inc. (FCX) pays a dividend with a yield of 0.81%. This makes it attractive for income-focused investors.
Freeport-McMoRan Inc. (FCX) has a return on equity (ROE) of 7.4%. This is below average, suggesting room for improvement.
Freeport-McMoRan Inc. (FCX) generated $5.92B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
