Freeport-McMoran Inc. (FCX)
NYSE: FCX · Metal Mining · Phoenix, AZ · filing with the SEC since 1994
Grade6.2
◀ Past 7.0● Present 6.6▶ Future 4.5
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2023 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 13, 2026 | Feb 14, 2025 | Feb 16, 2024 | Feb 15, 2023 | Feb 15, 2022 | Feb 16, 2021 | Feb 14, 2020 | Feb 15, 2019 | Feb 20, 2018 | Feb 24, 2017 |
| Revenue | 25,915 | 25,455 | 22,855 | 22,780 | 22,845 | 14,198 | 14,402 | 18,628 | 16,403 | 14,830 |
| For lenders | ||||||||||
| Net interest income | -369 | -319 | -515 | -560 | -602 | -598 | -620 | -945 | -801 | -755 |
| Cost of revenue | 18,618 | 17,795 | 15,695 | 15,089 | 14,030 | 11,655 | 13,125r | 13,466r | 11,980r | 17,534r |
| Selling, general and administrative | 545 | 513 | 479 | 420 | 383 | 370 | 394r | 422r | 477r | 597r |
| Total costs and expenses | 19,397 | 18,591 | 16,630 | 15,743 | 14,479 | 11,761 | 13,311 | 13,874 | 12,713r | 17,559r |
| Operating income | 6,518 | 6,864 | 6,225 | 7,037 | 8,366 | 2,437 | 1,091 | 4,754 | 3,690r | -2,729r |
| Share of profit of equity-method investments | 1 | 15 | 15 | 31 | 5 | 12 | 12 | 8 | 10 | 11 |
| Other income (expense), net | 223 | 362 | 286 | 207 | -105 | 59 | -138 | 76 | -8r | -14r |
| Total non-operating income (expense) | · | · | · | · | · | · | · | · | 49 | 49 |
| Income before income taxes | 6,372 | 6,907 | 6,006 | 6,715 | 7,659 | 1,797 | 306 | 3,892 | 2,902 | -3,472 |
| Income tax expense | 2,221 | 2,523 | 2,270 | 2,267 | 2,299 | 944 | 510 | 991 | 883 | 371 |
| Income from continuing operations | 4,152 | 4,399 | 3,751 | 4,479 | 5,365 | 865 | -192 | 2,909 | 2,029 | -3,832 |
| Income from discontinued operations | · | · | · | · | 0 | 0 | 3 | -15 | 66 | -193 |
| Net income including non-controlling interests | 4,152 | 4,399 | 3,751 | 4,479 | 5,365 | 865 | -189 | 2,894 | 2,095 | -4,025 |
| Net income to non-controlling interests | 1,948 | 2,510 | 1,903 | 1,011 | 1,059r | 266 | -50r | 292 | 278r | -290 |
| Net income to common shareholders | 2,204 | 1,889 | 1,848 | 3,468 | 4,306 | 599 | -239 | 2,602 | 1,817 | -4,154 |
| Earnings per share, basic | · | · | · | · | 2.93 | 0.41 | -0.17 | 1.79 | 1.25 | -3.16 |
| Earnings per share, diluted | · | · | · | · | 2.90 | 0.41 | -0.17 | 1.78 | 1.25 | -3.16 |
| Earnings per share, basic and diluted | · | · | · | · | · | · | · | · | 1.25 | -3.16 |
| Weighted average shares, basic | 1,437 | 1,438 | 1,434 | 1,441 | 1,466 | 1,453 | 1,451 | 1,449 | 1,447 | 1,318 |
| Weighted average shares, diluted | 1,443 | 1,445 | 1,443 | 1,451 | 1,482 | 1,461 | 1,451 | 1,458 | 1,454 | 1,318 |
| Weighted average shares, basic and diluted | · | · | · | · | · | · | · | · | · | 1,318 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split of Sep 2011.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterestIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted