Freeport-Mcmoran (FCX) Change in Taxes (2009 - 2026)

Freeport-Mcmoran (FCX) posted quarterly Change in Taxes of $284.0 million for Q1 2026, up 711.43% year-over-year from $35.0 million in Q1 2025, and up 150.53% quarter-over-quarter from -$562.0 million in Q4 2025.

Freeport-Mcmoran (FCX) Change in Taxes (2009 - 2026) Analysis & Trends

Freeport-Mcmoran (FCX) has reported Change in Taxes for 18 consecutive years, with $284.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Taxes rose 711.43% year-over-year to $284.0 million; the TTM figure through Mar 2026 stood at -$606.0 million (down 21.93% YoY), while the FY2025 annual figure was -$855.0 million, down 1919.15% from the prior year.
  • Change in Taxes climbed to $284.0 million in Q1 2026 per FCX's latest filing, from -$562.0 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $579.0 million in Q1 2024 and bottomed at -$935.0 million in Q2 2022.
  • Historically, Change in Taxes has averaged -$88.6 million across 5 years, with a median of -$136.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Change in Taxes tumbled 526.94% — and 2026, when it soared 711.43%.
  • Freeport-Mcmoran's Change in Taxes stood at $266.0 million in 2022, then surged by 38.72% to $369.0 million in 2023, then sank by 163.69% to -$235.0 million in 2024, then plunged by 139.15% to -$562.0 million in 2025, then soared by 150.53% to $284.0 million in 2026.
  • Business Quant data shows FCX's Change in Taxes at $284.0 million in Q1 2026, -$562.0 million in Q4 2025, and $111.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Southern Copper 161.41 Bn 154.08 Bn 2.90 Bn -
2 Freeport-Mcmoran 98.98 Bn 94.90 Bn 2.19 Bn -428.00 Mn
3 Hudbay Minerals 11.08 Bn 10.04 Bn 269.00 Mn 102.30 Mn
4 Ero Copper 3.78 Bn 3.69 Bn 105.91 Mn -13.67 Mn
5 Trekor Metals 3.21 Bn 3.09 Bn 83.54 Mn -
6 Ivanhoe Electric 1.76 Bn 1.50 Bn 368,000.00 -

Historic Data

Download Data
DateValue
Jun 30, 2026 -428.00 Mn
Jun 30, 2026 -428.00 Mn
Mar 31, 2026 284.00 Mn
Mar 31, 2026 284.00 Mn
Dec 31, 2025 -562.00 Mn
Dec 31, 2025 -562.00 Mn
Sep 30, 2025 111.00 Mn
Sep 30, 2025 111.00 Mn
Jun 30, 2025 -439.00 Mn
Jun 30, 2025 -439.00 Mn
Mar 31, 2025 35.00 Mn
Mar 31, 2025 35.00 Mn
Dec 31, 2024 -235.00 Mn
Dec 31, 2024 -235.00 Mn
Sep 30, 2024 181.00 Mn
Sep 30, 2024 181.00 Mn
Jun 30, 2024 -478.00 Mn
Jun 30, 2024 -478.00 Mn
Mar 31, 2024 579.00 Mn
Mar 31, 2024 579.00 Mn