FREEPORT-MCMORAN INC
About FREEPORT-MCMORAN INC
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
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Financial summary
- Revenue FY2025
- $25.2B
- Net income
- $2.2B
- Total assets
- $58.2B
- Market cap
- $91.1B
- Gross margin
- 28.2%
- Operating margin
- 25.2%
- Net margin
- 16.0%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $25.9B
- Cost of revenue
- $18.6B
- Gross profit
- $7.3B
- Operating expenses
- $779.0M
- Operating income
- $6.5B
- Income tax
- $2.2B
- Net income
- $4.2B
Balance sheet
- Total assets
- $58.2B
- Current assets
- $13.8B
- Total liabilities
- $27.4B
- Current liabilities
- $6.0B
- Shareholders’ equity
- $30.8B
Cash flow
- Operating cash flow
- $5.6B
- Investing cash flow
- -$4.5B
- Financing cash flow
- -$1.9B
- Net cash flow
- -$738.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $91.1B
- Dividend yield
- 0.48%
- Shares outstanding
- 1.5B
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Aug 1, 1995
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $2.2B in FY2025.
- Revenue grew 83% from FY2020 to FY2025.
- Gross margin of 28.2%, net margin 16.0%.
- Trading 13% below its 52-week high.
- Pays a dividend yielding about 0.48% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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