Freeport-Mcmoran (FCX) Invested Capital (2009 - 2026)
Freeport-Mcmoran's (FCX) quarterly Invested Capital came in at $42.8 billion in Q2 2026, up 9.12% year-over-year from $39.2 billion in Q2 2025, and up 3.39% quarter-over-quarter from $41.4 billion in Q1 2026.
Freeport-Mcmoran (FCX) Invested Capital (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Invested Capital for 18 consecutive years, with $42.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 9.12% year-over-year to $42.8 billion in Q2 2026; TTM through Jun 2026 was $42.8 billion, a 9.12% increase from a year earlier, with the FY2025 full-year figure at $40.6 billion, up 7.53% from the prior year.
- Invested Capital was $42.8 billion for Q2 2026 at Freeport-Mcmoran, up from $41.4 billion in the prior quarter.
- Over five years, Invested Capital peaked at $42.8 billion in Q2 2026 and troughed at $35.0 billion in Q1 2022.
- A 5-year average of $38.1 billion and a median of $38.0 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital climbed 16.61% in 2022 and declined 1.71% in 2023, its largest moves.
- Over 5 years, Invested Capital stood at $36.5 billion in 2022, then increased by 2.66% to $37.5 billion in 2023, then gained by 0.72% to $37.8 billion in 2024, then rose by 7.53% to $40.6 billion in 2025, then rose by 5.46% to $42.8 billion in 2026.
- The last three Invested Capital figures came in at $42.8 billion (Q2 2026), $41.4 billion (Q1 2026), and $40.6 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | 71.30 Bn |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 40.50 Bn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 36.87 Bn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 80.28 Bn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 12.32 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.61 Bn |
| Mar 31, 2026 | 40.93 Bn |
| Dec 31, 2025 | 40.15 Bn |
| Sep 30, 2025 | 39.70 Bn |
| Jun 30, 2025 | 39.25 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 |
Freeport-Mcmoran Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=FCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "FCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();