Freeport-Mcmoran (FCX) Capital Expenditures (2009 - 2026)

Freeport-Mcmoran (FCX) posted quarterly Capital Expenditures of $973.0 million for Q1 2026, down 16.98% year-over-year from $1.2 billion in Q1 2025, and down 3.18% quarter-over-quarter from $1.0 billion in Q4 2025.

Freeport-Mcmoran (FCX) Capital Expenditures (2009 - 2026) Analysis & Trends

Freeport-Mcmoran (FCX) has reported Capital Expenditures for 18 consecutive years, with $973.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Expenditures fell 16.98% year-over-year to $973.0 million; the TTM figure through Mar 2026 stood at $4.3 billion (down 9.12% YoY), while the FY2025 annual figure was $4.5 billion, down 6.53% from the prior year.
  • Capital Expenditures eased to $973.0 million in Q1 2026 per FCX's latest filing, from $1.0 billion in the prior quarter.
  • Across five years, Capital Expenditures topped out at $1.4 billion in Q4 2023 and bottomed at $723.0 million in Q1 2022.
  • Historically, Capital Expenditures has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
  • Annual changes were most pronounced in 2022 — Capital Expenditures soared 99.31% — and 2025, when it dropped 18.89%.
  • Freeport-Mcmoran's Capital Expenditures stood at $1.0 billion in 2022, then soared by 30.09% to $1.4 billion in 2023, then declined by 9.03% to $1.2 billion in 2024, then slipped by 18.89% to $1.0 billion in 2025, then retreated by 3.18% to $973.0 million in 2026.
  • Business Quant data shows FCX's Capital Expenditures at $973.0 million in Q1 2026, $1.0 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Southern Copper 158.89 Bn 151.56 Bn 2.90 Bn 422.80 Mn
2 Freeport-Mcmoran 98.46 Bn 94.38 Bn 2.19 Bn -1.00 Mn
3 Hudbay Minerals 10.93 Bn 9.88 Bn 269.00 Mn -152.90 Mn
4 Ero Copper 3.71 Bn 3.62 Bn 105.91 Mn -55.78 Mn
5 Trekor Metals 3.19 Bn 3.07 Bn 83.54 Mn -16.31 Mn
6 Ivanhoe Electric 1.75 Bn 1.49 Bn 368,000.00 227,000.00

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.00 Mn
Jun 30, 2026 -1.00 Mn
Mar 31, 2026 973.00 Mn
Mar 31, 2026 973.00 Mn
Dec 31, 2025 1.01 Bn
Dec 31, 2025 1.01 Bn
Sep 30, 2025 1.06 Bn
Sep 30, 2025 1.06 Bn
Jun 30, 2025 1.26 Bn
Jun 30, 2025 1.26 Bn
Mar 31, 2025 1.17 Bn
Mar 31, 2025 1.17 Bn
Dec 31, 2024 1.24 Bn
Dec 31, 2024 1.24 Bn
Sep 30, 2024 1.20 Bn
Sep 30, 2024 1.20 Bn
Jun 30, 2024 1.12 Bn
Jun 30, 2024 1.12 Bn
Mar 31, 2024 1.25 Bn
Mar 31, 2024 1.25 Bn