For Q1 FY2026 (ended March 31, 2026), Freeport-McMoRan reported revenue of $6.23 billion, up 8.8% year-over-year. Operating income rose 64.0% to $2.14 billion, while diluted EPS grew 154.2% to $0.61. Net income was $207 million, a decrease of 86.2% from the prior year. The company had $3.74 billion in cash, $19.51 billion in equity, and $9.41 billion in long-term debt.
•Revenue increased 8.8% YoY to $6.23 billion.
•Operating income surged 64.0% to $2.14 billion.
•Diluted EPS rose 154.2% to $0.61.
•Net income fell 86.2% to $207 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Freeport-McMoRan provides the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and metals.
Its assets include the Grasberg minerals district in Indonesia. Its portfolio also includes Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona, Chino and Tyrone in New Mexico, and Henderson and Climax in Colorado, North America
Cerro Verde in Peru and El Abra in Chile. Incorporated in 1987 and headquartered in Phoenix, Arizona, the company was formerly known as Freeport-McMoRan Copper & Gold Inc. before rebranding in July 2014.
Freeport-McMoRan Inc. is a mining company that explores for and produces copper, gold, molybdenum, silver, and other metals. Its operations span North America, South America, and Indonesia. The company's flagship asset is the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits. In North America, its portfolio includes mines such as Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado. In South America, it operates the Cerro Verde mine in Peru and the El Abra mine in Chile. The company primarily focuses on copper, which is used in electrical wiring, construction, and electronics.
Where is Freeport-McMoRan (FCX) listed and in which currency?
Freeport-McMoRan Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol FCX. Its shares are traded in US dollars (USD), reflecting its primary listing in the United States. The company is headquartered in Phoenix, Arizona, and its financial reporting is conducted in USD. As a US-based company with global operations, its stock price and dividends are denominated in US dollars, making it accessible to investors on major US exchanges.
What sector and industry does Freeport-McMoRan (FCX) belong to?
Freeport-McMoRan operates in the Basic Materials sector and is specifically classified under the Copper industry. This means the company is primarily engaged in the extraction and processing of copper, a key industrial metal. As a copper producer, it also recovers by-products such as gold, molybdenum, and silver. The Basic Materials sector includes companies that provide raw materials for manufacturing and construction, and copper is essential for electrical infrastructure, renewable energy, and technology. Freeport-McMoRan is one of the world's largest publicly traded copper producers.
Where is Freeport-McMoRan (FCX) headquartered and what are its main geographic markets?
Freeport-McMoRan Inc. is headquartered in Phoenix, Arizona, United States. The company was incorporated in 1987 and formerly known as Freeport-McMoRan Copper & Gold Inc. before rebranding in July 2014. Its mining operations are spread across North America (primarily Arizona, New Mexico, and Colorado), South America (Peru and Chile), and Indonesia. The Grasberg district in Indonesia is a major source of copper and gold. These geographic markets provide access to some of the world's richest mineral deposits, and the company serves global customers through its production of copper, gold, and other metals.
What are the key assets in Freeport-McMoRan's (FCX) portfolio?
Freeport-McMoRan's portfolio includes a diverse set of mining assets across three continents. In Indonesia, the Grasberg minerals district is its most significant operation, known for vast copper and gold reserves. In North America, key mines include Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado. In South America, the company operates the Cerro Verde mine in Peru and the El Abra mine in Chile. These assets produce copper, gold, molybdenum, and silver. The company's business model focuses on large-scale, long-life mines that generate substantial cash flow through the sale of these metals.