Freeport-McMoRan Income 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
Revenue	25,915	25,455	22,855	22,780	22,845
Revenue Growth (YoY)	1.81%	11.38%	0.33%	-0.29%	60.90%
Cost of Revenue	18,618	17,795	15,695	15,089	14,030
Gross Profit	7,297	7,660	7,160	7,691	8,815
Selling, General & Admin	545	513	479	420	383
Depreciation & Amortization Expenses	2,244	2,241	2,068	2,019	1,998
Exploration Expenses	192	156	137	115	55
Other Operating Expenses	42	127	319	119	11
Operating Income	6,518	6,864	6,225	7,037	8,366
Interest Expense	-369	-319	-515	-560	-602
Other Non-Operating Income (Expense)	223	362	296	238	-105
Total Non-Operating Income (Expense)	-146	43	-219	-322	-707
Pretax Income	6,372	6,907	6,006	6,715	7,659
Provision for Income Taxes	2,221	2,523	2,270	2,267	2,299
Net Income	2,204	1,889	1,848	3,468	4,306
Minority Interest in Earnings	1,947	2,495	1,888	980	1,054
Net Income to Common	2,204	1,889	1,848	3,468	4,306
Net Income Growth	16.68%	2.22%	-46.71%	-19.46%	618.87%
Shares Outstanding (Basic)	1,437	1,438	1,434	1,441	1,466
Shares Outstanding (Diluted)	1,443	1,445	1,443	1,451	1,482
Shares Change (YoY)	-0.14%	0.14%	-0.55%	-2.09%	1.44%
EPS (Basic)	1.53	1.31	1.28	2.40	2.93
EPS (Diluted)	1.52	1.30	1.28	2.39	2.90
EPS Growth	16.92%	1.56%	-46.44%	-17.59%	607.32%
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%
Free Cash Flow Per Share	0.77	1.63	0.32	1.15	3.78
Dividends Per Share	0.600	0.600	0.600	0.600	0.375
Dividend Growth	-	-	-	60.00%	-
Gross Margin	28.16%	30.09%	31.33%	33.76%	38.59%
Operating Margin	25.15%	26.97%	27.24%	30.89%	36.62%
Profit Margin	16.02%	17.28%	16.41%	19.66%	23.48%
FCF Margin	4.31%	9.24%	1.99%	7.33%	24.51%
EBITDA	8,762	9,105	8,293	9,056	10,364
EBITDA Margin	33.81%	35.77%	36.29%	39.75%	45.37%
EBIT	6,518	6,864	6,225	7,037	8,366
EBIT Margin	25.15%	26.97%	27.24%	30.89%	36.62%
Effective Tax Rate	34.86%	36.53%	37.80%	33.76%	30.02%

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