Freeport-McMoRan (FCX): financials, SEC filings and peers
Freeport-McMoRan (FCX) is a copper company in the Materials sector of the S&P 500, headquartered in Phoenix, Arizona.
It was founded in 1912 and joined the S&P 500 on July 1, 2011.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Metal Mining”.
Freeport-McMoRan at a glance
- Revenue (12 months)
- $26.4B
- Revenue growth
- +1.7%
- Operating margin
- 27.6%
- Net income (12 months)
- $4.1B
- Free cash flow (12 months)
- —
- Cash
- $4.3B
- Debt
- $9.4B
- Diluted EPS (12 months)
- —
Twelve months to September 30, 2026, from the 10-Q filed November 6, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Freeport-McMoRan reported revenue of $26.4 billion, about the same as a year earlier (+1.7%).
Its operating margin was 27.6%: for every $100 of sales, about $28 was left as operating profit.
Net income was $4.1 billion (15.5% of revenue), 38.9% higher than a year earlier.
At the end of the period it held $4.3 billion in cash and $9.4 billion in debt, a net debt position of $5.1 billion.
Five-year trend
- Revenue went from $14.2 billion in fiscal 2020 to $25.9 billion in fiscal 2025, about 12.8% a year.
- Revenue has grown for 3 fiscal years in a row.
- Operating margin widened from 17.2% to 25.2% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $22.8B | $22.8B | $22.9B | $25.5B | $25.9B |
| Revenue growth | 60.9% | -0.3% | 0.3% | 11.4% | 1.8% |
| Operating margin | 36.6% | 30.9% | 27.2% | 27.0% | 25.2% |
| Net income | $5.4B | $4.5B | $3.8B | $4.4B | $4.2B |
| Free cash flow | $5.6B | $1.7B | $455M | $2.4B | $1.1B |
| Diluted EPS | $2.90 | — | — | — | — |
Fiscal years as reported in Freeport-McMoRan’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed November 6, 2026 — quarterly report
- 8-K filed November 4, 2026 — Other event
- 8-K filed October 27, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed October 2, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed September 8, 2026 — Other event
- 10-Q filed August 6, 2026 — quarterly report
- 8-K filed July 23, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed June 10, 2026 — Shareholder vote results
Companies like Freeport-McMoRan
Freeport-McMoRan is the only S&P 500 company in Copper.
More from Materials
Questions about Freeport-McMoRan
Is Freeport-McMoRan's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $26.4 billion, up 1.7% from a year earlier, according to its SEC filings.
Is Freeport-McMoRan profitable?
Yes. It earned $4.1 billion in net income over the twelve months to September 30, 2026, a net margin of 15.5%.
Does Freeport-McMoRan have more cash or more debt?
At September 30, 2026 it had $4.3 billion in cash and $9.4 billion in debt, so more debt than cash.
When did Freeport-McMoRan last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 6, 2026.
Which companies are similar to Freeport-McMoRan?
In the S&P 500, Freeport-McMoRan is grouped in Copper within the Materials sector.
Understand the numbers
Source: Freeport-McMoRan’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.