Freeport-McMoRan Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,152	4,399	3,751	4,479	5,365
Depreciation & Amortization	2,244	2,241	2,068	2,019	1,998
Stock-Based Compensation	121	109	109	95	98
Other Adjustments	431	440	343	161	-579
Change in Receivables	-521	460	166	56	-472
Changes in Inventories	-709	-638	-985	-587	-532
Changes in Accounts Payable	802	143	-161	-73	487
Changes in Income Taxes Payable	-855	47	17	-999	1,451
Changes in Other Operating Activities	-55	-41	-29	-12	-101
Operating Cash Flow	5,610	7,160	5,279	5,139	7,715
Operating Cash Flow Growth	-21.65%	35.63%	2.72%	-33.39%	155.72%
Capital Expenditures	-4,494	-4,808	-4,824	-3,469	-2,115
Sale of Property, Plant & Equipment	-	-	-	108	247
Payments for Business Acquisitions	-	-210	-	-	-33
Other Investing Activities	22	-10	-132	-79	-63
Investing Cash Flow	-4,472	-5,028	-4,956	-3,440	-1,964
Long-Term Debt Issued	3,195	2,251	1,781	5,735	1,201
Long-Term Debt Repaid	-2,814	-2,772	-2,983	-4,515	-1,461
Net Long-Term Debt Issued (Repaid)	381	-521	-1,202	1,220	-260
Issuance of Common Stock	12	29	47	125	210
Repurchase of Common Stock	-130	-35	-109	-1,402	-517
Net Common Stock Issued (Repurchased)	-118	-6	-62	-1,277	-307
Common Dividends Paid	-865	-865	-863	-866	-331
Other Financing Activities	-1,274	-1,833	-582	-700	-442
Financing Cash Flow	-1,876	-3,284	-2,650	-1,623	-1,340
Net Cash Flow	-738	-1,152	-2,327	76	4,411
Free Cash Flow	1,116	2,352	455	1,670	5,600
Free Cash Flow Growth	-52.55%	416.92%	-72.75%	-70.18%	430.30%
FCF Margin	4.31%	9.24%	1.99%	7.33%	24.51%
Free Cash Flow Per Share	0.77	1.63	0.32	1.15	3.78
Levered Free Cash Flow	-482	-1,688	-3,268	1,567	5,234
Unlevered Free Cash Flow	1,179	1,301	-41.77	1,540	7,043

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.