Freeport-McMoRan Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	25,868	25,915	25,455	22,855	22,780	22,845
Revenue Growth (YoY)	0.19%	1.81%	11.38%	0.33%	-0.29%	60.90%
Cost of Revenue	16,721	16,374	15,554	13,627	13,070	12,032
Gross Profit	9,147	9,541	9,901	9,228	9,710	10,813
Selling, General & Admin	561	545	513	479	420	383
Depreciation & Amortization Expenses	2,147	2,244	2,241	2,068	2,019	1,998
Exploration Expenses	198	192	156	137	115	55
Other Operating Expenses	51	42	127	319	119	11
Total Operating Expenses	2,957	3,023	3,037	3,003	2,673	2,447
Operating Income	6,923	6,518	6,864	6,225	7,037	8,366
Interest Expense	-426	-369	-319	-515	-560	-602
Other Non-Operating Income (Expense)	856	223	362	296	238	-105
Total Non-Operating Income (Expense)	430	-146	43	-219	-322	-707
Pretax Income	6,654	6,372	6,907	6,006	6,715	7,659
Provision for Income Taxes	2,068	2,221	2,523	2,270	2,267	2,299
Net Income	4,586	4,151	4,384	3,736	4,448	5,360
Minority Interest in Earnings	1,641	1,947	2,495	1,888	980	1,054
Net Income to Common	2,945	2,204	1,889	1,848	3,468	4,306
Net Income Growth	53.07%	16.68%	2.22%	-46.71%	-19.46%	618.87%
Shares Outstanding (Basic)	1,441	1,437	1,438	1,434	1,441	1,466
Shares Outstanding (Diluted)	1,443	1,443	1,445	1,443	1,451	1,482
Shares Change (YoY)	-0.05%	-0.14%	0.14%	-0.55%	-2.09%	1.44%
EPS (Basic)	2.03	1.53	1.31	1.28	2.40	2.93
EPS (Diluted)	2.03	1.52	1.30	1.28	2.39	2.90
EPS Growth	53.79%	16.92%	1.56%	-46.44%	-17.59%	607.32%
Free Cash Flow	1,762	1,116	2,352	455	1,670	5,600
Free Cash Flow Growth	57.88%	-52.55%	416.92%	-72.75%	-70.18%	430.30%
Free Cash Flow Per Share	1.22	0.77	1.63	0.32	1.15	3.78
Dividends Per Share	0.600	0.600	0.600	0.600	0.600	0.375
Dividend Growth	-	-	-	-	60.00%	-
Gross Margin	35.36%	36.82%	38.90%	40.38%	42.63%	47.33%
Operating Margin	26.76%	25.15%	26.97%	27.24%	30.89%	36.62%
Profit Margin	17.73%	16.02%	17.22%	16.35%	19.53%	23.46%
FCF Margin	6.81%	4.31%	9.24%	1.99%	7.33%	24.51%
EBITDA	9,070	8,762	9,105	8,293	9,056	10,364
EBITDA Margin	35.06%	33.81%	35.77%	36.29%	39.75%	45.37%
EBIT	6,923	6,518	6,864	6,225	7,037	8,366
EBIT Margin	26.76%	25.15%	26.97%	27.24%	30.89%	36.62%
Effective Tax Rate	31.08%	34.86%	36.53%	37.80%	33.76%	30.02%

SEC Filings: 10-K · 10-Q