Freeport-McMoRan Inc. (FCX) — Financial statements
Income statement, balance sheet, and cash flow for Freeport-McMoRan Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 25,741↑1.1% | 25,455↑12.1% | 22,707↓2.7% | 23,334↑4.4% | 22,357 | |
| Cost of Revenue | 18,796↑4.7% | 17,952↑13.4% | 15,826↑3.8% | 15,241↑8.3% | 14,070 | |
| Gross Profit | 6,945↓7.4% | 7,503↑9.0% | 6,881↓15.0% | 8,093↓2.3% | 8,287 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 545↑6.2% | 513↑7.1% | 479↑14.0% | 420↑9.7% | 383 | |
| Other Expenses | 110↓13.4% | 127↓60.2% | 319↑163.6% | 121↑33.0% | 91 | |
| Operating Expenses | 655↑2.3% | 640↓19.8% | 798↑47.5% | 541↑14.1% | 474 | |
| Total Costs & Expenses | 19,451↑4.6% | 18,592↑11.8% | 16,624↑5.3% | 15,782↑8.5% | 14,544 | |
| Operating Results | ||||||
| Operating Income | 6,290↓8.4% | 6,864↑12.8% | 6,083↓19.5% | 7,552↓3.3% | 7,813 | |
| Depreciation & Amortization | 2,244↑0.1% | 2,241↑8.4% | 2,068↑2.4% | 2,019↑1.1% | 1,998 | |
| EBITDA | 8,757↓7.5% | 9,467↑10.2% | 8,589↓7.6% | 9,294↓9.4% | 10,259 | |
| EBIT | 6,513↓9.9% | 7,226↑10.8% | 6,521↓10.4% | 7,275↓11.9% | 8,261 | |
| Interest & Other Income | ||||||
| Net Interest Income | -369↓15.7% | -319↑38.1% | -515↑8.0% | -560↑7.0% | -602 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 369↑15.7% | 319↓38.1% | 515↓8.0% | 560↓7.0% | 602 | |
| Non-Operating Income | -223↑38.4% | -362↑17.4% | -438↓258.1% | 277↑161.8% | -448 | |
| Other Income / Expenses | 82↑41.4% | 58↑193.5% | -62↑92.3% | -806↓440.9% | -149 | |
| Income Before Tax | 6,372↓7.9% | 6,922↑15.0% | 6,021↓10.7% | 6,746↓12.0% | 7,664 | |
| Income Tax Expense | 2,221↓12.0% | 2,523↑11.1% | 2,270↑0.1% | 2,267↓1.4% | 2,299 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,152↓5.6% | 4,399↑17.3% | 3,751↓16.3% | 4,479↓16.5% | 5,365 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,204↑17.0% | 1,883↑2.2% | 1,842↓46.8% | 3,461↓19.5% | 4,299 | |
| Bottom-Line Net Income | 2,204↑17.0% | 1,883↑2.2% | 1,842↓46.8% | 3,461↓19.5% | 4,299 | |
| EPS (Basic) | 1.53↑16.8% | 1.31↑2.3% | 1.28↓46.7% | 2.40↓18.1% | 2.93 | |
| EPS (Diluted) | 1.52↑16.9% | 1.30↑1.6% | 1.28↓46.4% | 2.39↓17.6% | 2.90 | |
| Weighted Average Shares | 1,443↓0.1% | 1,445↑0.8% | 1,434↓0.5% | 1,441↓1.7% | 1,466 | |
| Weighted Average Diluted Shares | 1,443↓0.1% | 1,445↑0.1% | 1,443↓0.6% | 1,451↓2.1% | 1,482 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.