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

Freeport-Mcmoran (FCX) reported Invested Capital of $28.9 billion for Q1 2026, down 25.12% year-over-year from $38.6 billion in Q1 2025, and down 27.96% quarter-over-quarter from $40.1 billion in Q4 2025.

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

Freeport-Mcmoran (FCX) has 18 years of Invested Capital data on file, last reported at $28.9 billion in Q1 2026.

  • Invested Capital for Q1 2026 came in at $28.9 billion, down 25.12% year-over-year; the trailing twelve-month figure through Mar 2026 was $28.9 billion (down 25.12% YoY), and the FY2025 annual result was $40.1 billion, up 6.41% from the prior year.
  • Invested Capital fell to $28.9 billion in Q1 2026 per FCX's latest filing, from $40.1 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $40.1 billion in Q4 2025 and troughed at $19.0 billion in Q3 2025.
  • A 5-year average of $35.1 billion and a median of $35.5 billion in 2023 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital rose 14.72% in 2022, then slumped 50.61% in 2025.
  • A 5-year view of Invested Capital shows it stood at $35.5 billion in 2022, then gained by 3.5% to $36.7 billion in 2023, then gained by 2.71% to $37.7 billion in 2024, then grew by 6.41% to $40.1 billion in 2025, then retreated by 27.96% to $28.9 billion in 2026.
  • Business Quant data shows FCX's Invested Capital at $28.9 billion in Q1 2026, $40.1 billion in Q4 2025, and $19.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 11.86 Bn
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 28.92 Bn
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 472.50 Mn
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn 39.20 Mn
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 574.74 Mn
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn 24.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 28.92 Bn
Dec 31, 2025 40.15 Bn
Sep 30, 2025 19.04 Bn
Jun 30, 2025 35.28 Bn
Mar 31, 2025 38.62 Bn
Dec 31, 2024 37.73 Bn
Sep 30, 2024 38.55 Bn
Jun 30, 2024 38.11 Bn
Mar 31, 2024 37.53 Bn
Dec 31, 2023 36.73 Bn
Sep 30, 2023 36.08 Bn
Jun 30, 2023 35.52 Bn
Mar 31, 2023 35.28 Bn
Dec 31, 2022 35.49 Bn
Sep 30, 2022 34.87 Bn
Jun 30, 2022 35.14 Bn
Mar 31, 2022 33.66 Bn
Dec 31, 2021 32.47 Bn
Sep 30, 2021 32.20 Bn
Jun 30, 2021 30.63 Bn