Freeport-Mcmoran (FCX) Deferred Taxes (2009 - 2026)
Freeport-Mcmoran (FCX) reported Deferred Taxes of $19.0 million for Q1 2026, down 26.92% year-over-year from $26.0 million in Q1 2025, and down 92.78% quarter-over-quarter from $263.0 million in Q4 2025.
Freeport-Mcmoran (FCX) Deferred Taxes (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has 18 years of Deferred Taxes data on file, last reported at $19.0 million in Q1 2026.
- Deferred Taxes for Q1 2026 came in at $19.0 million, down 26.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $240.0 million (up 366.67% YoY), and the FY2025 annual result was $247.0 million, up 425.0% from the prior year.
- Deferred Taxes eased to $19.0 million in Q1 2026 per FCX's latest filing, from $263.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $263.0 million in Q4 2025 and troughed at -$112.0 million in Q4 2024.
- A 5-year average of $24.4 million and a median of $20.0 million in 2022 frame the typical range for Deferred Taxes.
- On a YoY basis, Deferred Taxes climbed as much as 334.82% in 2025 and fell as far as 1100.0% in 2025.
- A 5-year view of Deferred Taxes shows it stood at -$47.0 million in 2022, then surged by 210.64% to $52.0 million in 2023, then slumped by 315.38% to -$112.0 million in 2024, then surged by 334.82% to $263.0 million in 2025, then sank by 92.78% to $19.0 million in 2026.
- Business Quant data shows FCX's Deferred Taxes at $19.0 million in Q1 2026, $263.0 million in Q4 2025, and -$50.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | -34.80 Mn |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 19.00 Mn |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | - |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | -10.69 Mn |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | - |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 263.00 Mn |
| Sep 30, 2025 | -50.00 Mn |
| Jun 30, 2025 | 8.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Dec 31, 2024 | -112.00 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | -9.00 Mn |
| Mar 31, 2024 | 46.00 Mn |
| Dec 31, 2023 | 52.00 Mn |
| Sep 30, 2023 | 56.00 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | -47.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 15.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | -267.00 Mn |
| Sep 30, 2021 | 17.00 Mn |
| Jun 30, 2021 | 41.00 Mn |