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| Date | Value |
|---|---|
| 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 |