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| Date | Value |
|---|---|
| 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 |