Freeport-Mcmoran (FCX) FCF Margin (2009 - 2026)
Freeport-Mcmoran (FCX) reported FCF Margin of 8.37% for Q1 2026, up 1036.0% year-over-year from 0.74% in Q1 2025, and up 251.18% quarter-over-quarter from 5.54% in Q4 2025.
Freeport-Mcmoran (FCX) FCF Margin (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has 18 years of FCF Margin data on file, last reported at 8.37% in Q1 2026.
- FCF Margin for Q1 2026 came in at 8.37%, up 1036.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.63% (up 21.0% YoY), and the FY2025 annual result was 4.31%, down 493.0% from the prior year.
- FCF Margin improved to 8.37% in Q1 2026 per FCX's latest filing, from 5.54% in the prior quarter.
- Over five years, FCF Margin peaked at 14.66% in Q1 2022 and troughed at 5.54% in Q4 2025.
- A 5-year average of 5.49% and a median of 8.37% in 2026 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2024: FCF Margin tumbled 2497 bps in 2022, then jumped 1147 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 0.38% in 2022, then slumped by 286 bps to 0.71% in 2023, then jumped by 584 bps to 3.44% in 2024, then slumped by 261 bps to 5.54% in 2025, then surged by 251 bps to 8.37% in 2026.
- Business Quant data shows FCX's FCF Margin at 8.37% in Q1 2026, 5.54% in Q4 2025, and 8.72% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 29.46% |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 8.37% |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 18.51% |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | - |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | -5,000.82% |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | 49.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.37% |
| Dec 31, 2025 | -5.54% |
| Sep 30, 2025 | 8.72% |
| Jun 30, 2025 | 12.32% |
| Mar 31, 2025 | -1.99% |
| Dec 31, 2024 | 3.44% |
| Sep 30, 2024 | 9.91% |
| Jun 30, 2024 | 12.68% |
| Mar 31, 2024 | 10.16% |
| Dec 31, 2023 | -0.71% |
| Sep 30, 2023 | 1.00% |
| Jun 30, 2023 | 8.89% |
| Mar 31, 2023 | -1.32% |
| Dec 31, 2022 | 0.38% |
| Sep 30, 2022 | -1.56% |
| Jun 30, 2022 | 14.00% |
| Mar 31, 2022 | 14.66% |
| Dec 31, 2021 | 24.48% |
| Sep 30, 2021 | 23.41% |
| Jun 30, 2021 | 34.13% |