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

Freeport-Mcmoran (FCX) posted quarterly Invested Capital of $500.0 million for Q1 2026, up 1.01% year-over-year from $495.0 million in Q1 2025, and up 7.3% quarter-over-quarter from $466.0 million in Q4 2025.

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

Freeport-Mcmoran (FCX) has reported Invested Capital for 18 consecutive years, with $500.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Invested Capital rose 1.01% year-over-year to $500.0 million; the TTM figure through Mar 2026 stood at $1.7 billion (down 18.62% YoY), while the FY2025 annual figure was $466.0 million, up 1036.59% from the prior year.
  • Invested Capital improved to $500.0 million in Q1 2026 per FCX's latest filing, from $466.0 million in the prior quarter.
  • Across five years, Invested Capital topped out at $1.4 billion in Q1 2022 and bottomed at $35.0 million in Q3 2023.
  • Historically, Invested Capital has averaged $581.6 million across 5 years, with a median of $500.0 million in 2026.
  • Annual changes were most pronounced in 2023 — Invested Capital plunged 96.61% — and 2024, when it jumped 2097.14%.
  • Freeport-Mcmoran's Invested Capital stood at $1.0 billion in 2022, then declined by 26.13% to $766.0 million in 2023, then plunged by 94.65% to $41.0 million in 2024, then jumped by 1036.59% to $466.0 million in 2025, then gained by 7.3% to $500.0 million in 2026.
  • Business Quant data shows FCX's Invested Capital at $500.0 million in Q1 2026, $466.0 million in Q4 2025, and $383.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Southern Copper 160.79 Bn 153.46 Bn 2.90 Bn -
2 Freeport-Mcmoran 99.05 Bn 94.97 Bn 2.19 Bn 1.22 Bn
3 Hudbay Minerals 11.00 Bn 9.96 Bn 269.00 Mn 274.20 Mn
4 Ero Copper 3.74 Bn 3.65 Bn 105.91 Mn 39.20 Mn
5 Trekor Metals 3.18 Bn 3.06 Bn 83.54 Mn 24.41 Mn
6 Ivanhoe Electric 1.77 Bn 1.51 Bn 368,000.00 35.19 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.22 Bn
Mar 31, 2026 500.00 Mn
Dec 31, 2025 466.00 Mn
Sep 30, 2025 383.00 Mn
Jun 30, 2025 338.00 Mn
Mar 31, 2025 495.00 Mn
Dec 31, 2024 41.00 Mn
Sep 30, 2024 769.00 Mn
Jun 30, 2024 768.00 Mn
Mar 31, 2024 769.00 Mn
Dec 31, 2023 766.00 Mn
Sep 30, 2023 35.00 Mn
Jun 30, 2023 37.00 Mn
Mar 31, 2023 49.00 Mn
Dec 31, 2022 1.04 Bn
Sep 30, 2022 1.03 Bn
Jun 30, 2022 1.04 Bn
Mar 31, 2022 1.37 Bn
Dec 31, 2021 372.00 Mn
Sep 30, 2021 897.00 Mn