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Companies / Materials / Freeport-McMoRan
FCX

Freeport-McMoRan

MaterialsMiningS&P 500
Ticker FCXPHOENIX, AZFiscal year ends DecemberBook value per share $13.93Diluted shares 1.4B

Freeport-McMoRan Inc. (NYSE: FCX) is an international mining company that produces copper, gold and molybdenum from operations in the United States, South America and Indonesia. Its products include copper concentrate, cathode and continuous-cast rod; gold bars and gold-bearing materials; and molybdenum concentrate… From the company’s description.

In fiscal 2025, Freeport-McMoRan reported revenue of $25.91B, up 1.8% from fiscal 2024, and net income of $4.15B. Its operating margin was 25.2%, and operations generated $5.61B in cash. Over the twelve months to Jun 30, 2026, revenue was $25.87B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$25.91BFY2025
+1.8% year over year
Last 12 mo $25.87B
25.15%FY2025
−1.8 percentage points
Last 12 mo 26.76%
$4.15BFY2025
−5.6% year over year
Last 12 mo $4.59B
21.97%FY2025
−3.1 percentage points
Last 12 mo 24.33%
Cash & financing
$5.61BFY2025
−21.6% year over year
Last 12 mo $5.90B
$1.12BFY2025
−52.6% year over year
Last 12 mo $5.90B
0.50FY2025
Was 0.51× a year earlier
Last 12 mo 0.47
1.4BFY2025
−0.1% year over year
Last 12 mo 1.4B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Freeport-McMoRan does

In the company’s own words

Freeport-McMoRan Inc. (NYSE: FCX) is an international mining company that produces copper, gold and molybdenum from operations in the United States, South America and Indonesia. Its products include copper concentrate, cathode and continuous-cast rod; gold bars and gold-bearing materials; and molybdenum concentrate and chemicals. Customers include wire and cable manufacturers, rod and brass fabricators, and buyers of metals under annual and multi-year contracts. Operations are organized across the United States, South America and Indonesia: the company manages seven copper operations and two molybdenum mines in the United States, two copper operations in South America, and the Grasberg minerals district in Indonesia. Grasberg is also the company’s primary source of gold, while U.S. operations generate most of its molybdenum. In 2025, copper, gold and molybdenum accounted for 75%, 15% and 8% of consolidated revenue, respectively; Morenci, Cerro Verde and Grasberg together produced 70% of its copper. Phelps Dodge, which had consolidated Morenci’s mining operations, was acquired by Freeport-McMoRan in 2007. Its website is fcx.com.

Company details
Sector
Materials
Industry (SIC)
Mining
Headquarters
PHOENIX, AZ
Fiscal year end
December
CIK
831259
SIC
1000

Financial performance, year by year

Fiscal 2013–2025 · USD
$-15.89B$-4.49B$6.91B$18.31B$29.72B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Freeport-McMoRan — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

971
funds hold it
0 of 35
superinvestors hold it
$29.68B
held by funds, at market
33.0%
of shares held by funds
19
bond issues held by funds

Largest fund holders · Freeport-McMoRan’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.12%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.14%of fund net assets
1.00%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.14%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.15%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Freeport-McMoRan’s bonds, as funds hold them

Funds report holding 19 issues of Freeport-McMoRan’s debt, $1.26B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.96%, maturing 2027 to 2052.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Freeport-McMoRan and its peers compare on margins and cash generation over ten years?”
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