Freeport-Mcmoran (FCX) Capital Expenditures (2009 - 2026)
Freeport-Mcmoran's Capital Expenditures came in at $1.1 billion for Q2 2026, down 12.5% from $1.26 billion a year earlier but up 13.5% from the prior quarter.
Freeport-Mcmoran (FCX) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Freeport-Mcmoran reported Capital Expenditures of $4.14 billion, down 15.0% year-over-year; for FY2025, it was $4.49 billion, down 6.5% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 18.0% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $4.81 billion in FY2024 (-0.3%), $4.82 billion in FY2023 (+39.1%), $3.47 billion in FY2022 (+64.0%) and $2.12 billion in FY2021 (+7.9%).
- The five-year range for quarterly Capital Expenditures is $541 million (Q3 2021) to $1.36 billion (Q4 2023).
- Year-over-year, Capital Expenditures has declined for four consecutive quarters, with an average decline of 7.6% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q2 2022 (growth of 99.3%), and the weakest in Q4 2025 (a decline of 18.9%).
- Business Quant data shows FCX's Capital Expenditures at $973 million (Q1 2026), $1.01 billion (Q4 2025) and $1.06 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn | 422.80 Mn |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | 719.00 Mn |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | 1.10 Bn |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | -809.26 Mn |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | 1.19 Bn |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 571.00 Mn |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | -1.10 Bn |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Bn |
| Mar 31, 2026 | 973.00 Mn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.17 Bn |
| Dec 31, 2024 | 1.24 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 1.18 Bn |
| Jun 30, 2023 | 1.16 Bn |
| Mar 31, 2023 | 1.12 Bn |
| Dec 31, 2022 | 1.05 Bn |
| Sep 30, 2022 | 836.00 Mn |
| Jun 30, 2022 | 863.00 Mn |
| Mar 31, 2022 | 723.00 Mn |
| Dec 31, 2021 | 771.00 Mn |
| Sep 30, 2021 | 541.00 Mn |
Freeport-Mcmoran Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=FCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "FCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();