Freeport-McMoRan Inc. (FCX) quarterly cash flow statement — complete operating, investing & financing history
Freeport-McMoRan Inc. (FCX) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 2.07B | 1.5B | 693M | 1.66B | 2.19B | 1.06B | 1.44B | 1.87B | 1.96B | 1.9B | 1.32B | 1.24B | 1.67B | 1.05B | 1.07B | 758M | 1.62B | 1.69B | 2.28B | 1.97B |
| Operating CF Margin % | 29.41% | 23.98% | 12.3% | 23.87% | 28.95% | 19.05% | 24.42% | 28.02% | 30.71% | 30.53% | 22.76% | 21.06% | 28.2% | 20.56% | 19.63% | 14.14% | 26.23% | 26.56% | 38.42% | 31.75% |
| Operating CF Growth % | -5.83% | 41.3% | -51.74% | -11.11% | 12.22% | -44.2% | 8.79% | 51.46% | 16.92% | 80.57% | 23.48% | 63.06% | 3.21% | -37.91% | -53.11% | -61.42% | -32.32% | 57.3% | 71.82% | 58.85% |
| Net Income | 1.39B | 1.39B | 1.14B | 674M | 1.99B | 352M | 721M | 1.24B | 1.28B | 1.16B | 387M | 964M | 731M | 1.05B | 977M | 560M | 1.04B | 1.9B | 1.36B | 1.72B |
| Depreciation & Amortization | -514M | 514M | -1.76B | 625M | 668M | 466M | 537M | 600M | 509M | 595M | 589M | 531M | 557M | 399M | 1.02B | 508M | 996M | 489M | 2B | 470M |
| Stock-Based Compensation | 35M | 68M | 47M | 0 | 74M | 0 | 15M | 17M | 24M | 53M | 20M | 17M | 19M | 53M | 20M | 13M | 13M | 49M | 19M | 23M |
| Deferred Taxes | 16M | 19M | 263M | -50M | 8M | 26M | -112M | -1M | -9M | 46M | 52M | 56M | 39M | 35M | -47M | 20M | 15M | 48M | -267M | 17M |
| Other Non-Cash Items | 1.74B | -632M | 494M | 583M | -498M | 511M | 275M | 25M | 79M | 137M | 439M | 151M | 90M | -19M | -356M | -74M | -541M | 12M | -1.22B | -448M |
| Working Capital Changes | -596M | 139M | 510M | -168M | -45M | -297M | 0 | -5M | 73M | -97M | -167M | -483M | 237M | -467M | -548M | -269M | 100M | -811M | 388M | 180M |
| Change in Receivables | -57M | 325M | -88M | -113M | -105M | -215M | 367M | 1M | 674M | -582M | -384M | -206M | 599M | 157M | -400M | 142M | 536M | -222M | -254M | 61M |
| Change in Inventory | -372M | 201M | -596M | -51M | 81M | -143M | -337M | 40M | -407M | 66M | -135M | -208M | -73M | -457M | -389M | -144M | -87M | 47M | -308M | -11M |
| Change in Payables | 309M | -671M | 519M | -145M | 426M | 2M | 222M | -182M | 263M | -160M | 19M | 51M | 72M | -303M | -84M | -101M | 704M | -519M | 372M | -149M |
| Cash from Investing | -1.19B | -985M | -1.03B | -1.01B | -1.26B | -1.18B | -1.23B | -1.41B | -1.11B | -1.28B | -1.37B | -1.22B | -1.2B | -1.16B | -1.06B | -851M | -816M | -714M | -733M | -398M |
| Capital Expenditures | 973M | -973M | 1.06B | -1.06B | 1.17B | -1.17B | -1.24B | -1.2B | -1.12B | -1.25B | -1.36B | -1.18B | -1.16B | -1.12B | -1.05B | -836M | -863M | -723M | -771M | -541M |
| CapEx % of Revenue | 13.84% | 15.61% | 18.75% | 15.15% | 15.46% | 21.1% | 21.07% | 17.95% | 17.52% | 20.19% | 23.49% | 20.08% | 19.61% | 21.95% | 19.23% | 15.6% | 13.96% | 11.36% | 12.99% | 8.74% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13M | 0 | 0 | 0 | 0 | 0 | 50M | 47M | 48M | 47M | 0 | -150M | 150M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -2.17B | -12M | -2.09B | 46M | -2.43B | -4M | 8M | -200M | 8M | -23M | -10M | 7M | -1M | -43M | -12M | -15M | 47M | 9M | 188M | -7M |
| Cash from Financing | -624M | -534M | -143M | -825M | -1.06B | 155M | -1.51B | -646M | -786M | -342M | -424M | -414M | -640M | -1.17B | -444M | -828M | 352M | -703M | -1.15B | -217M |
| Debt Issued (Net) | -32M | 35M | -313M | 36M | -172M | 449M | -770M | 249M | -1M | 1M | 4M | -87M | -137M | -989M | -81M | -380M | 1.5B | 170M | -221M | -66M |
| Equity Issued (Net) | -110M | -93M | 103M | 4M | -51M | -54M | 2M | -58M | 22M | 4M | 6M | 7M | 3M | -47M | 0 | -162M | -644M | -541M | -498M | 0 |
| Dividends Paid | -216M | -443M | 649M | -216M | -215M | -218M | -216M | -216M | -215M | -218M | -216M | -215M | -215M | -217M | -214M | -214M | -218M | -220M | -111M | -109M |
| Share Repurchases | -110M | -93M | 107M | 0 | -52M | -55M | 0 | -59M | 0 | 0 | 0 | 0 | 0 | -47M | 0 | -162M | -644M | -541M | -498M | 0 |
| Other Financing | -266M | -33M | -582M | -649M | -624M | -22M | -526M | -620M | -592M | -129M | -218M | -119M | -291M | 81M | -149M | -72M | -289M | -112M | -322M | -42M |
| Net Change in Cash | 251M | -24M | -375M | 528M | -124M | 37M | -1.3B | -186M | 62M | 277M | -476M | -397M | -168M | -1.29B | -434M | -921M | 1.16B | 274M | 395M | 1.35B |
| Free Cash Flow | 3.04B | 522M | 1.75B | 608M | 3.37B | -114M | 197M | 673M | 840M | 642M | -42M | 58M | 510M | -71M | 22M | -78M | 758M | 968M | 1.51B | 1.42B |
| FCF Margin % | 43.25% | 8.37% | 31.05% | 8.72% | 44.41% | -2.05% | 3.35% | 10.07% | 13.19% | 10.34% | -0.72% | 0.99% | 8.6% | -1.39% | 0.4% | -1.46% | 12.26% | 15.2% | 25.43% | 23.01% |
| FCF Growth % | -9.71% | 557.89% | 787.82% | -9.66% | 300.83% | -117.76% | 569.05% | 1060.34% | 64.71% | 1004.23% | -290.91% | 174.36% | -32.72% | -107.33% | -98.54% | -105.48% | -61.37% | 37.3% | 60.7% | 77.78% |
| FCF per Share | 2.11 | 0.36 | 1.21 | 0.42 | 2.33 | -0.08 | 0.14 | 0.47 | 0.58 | 0.44 | -0.03 | 0.04 | 0.35 | -0.05 | 0.02 | -0.05 | 0.52 | 0.66 | 1.02 | 0.96 |
| FCF Conversion (FCF/Net Income) | 2.10x | 1.70x | 1.71x | 2.47x | 2.84x | 3.06x | 5.24x | 3.60x | 3.21x | 4.05x | 3.41x | 2.75x | 4.95x | 1.60x | 1.54x | 1.90x | 1.94x | 1.11x | 2.06x | 1.41x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |