Freeport-Mcmoran (FCX) Net Margin (2009 - 2026)
Freeport-Mcmoran (FCX) posted quarterly Net Margin of 14.13% for Q1 2026, up 799.0% year-over-year from 1.57% in Q1 2025, and up 96.08% quarter-over-quarter from 7.21% in Q4 2025.
Freeport-Mcmoran (FCX) Net Margin (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Net Margin for 18 consecutive years, with 14.13% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 799.0% year-over-year to 14.13%; the TTM figure through Mar 2026 stood at 10.34% (up 323.0% YoY), while the FY2025 annual figure was 8.5%, up 108.0% from the prior year.
- Net Margin improved to 14.13% in Q1 2026 per FCX's latest filing, from 7.21% in the prior quarter.
- Across five years, Net Margin topped out at 23.13% in Q1 2022 and bottomed at 4.79% in Q4 2024.
- Historically, Net Margin has averaged 9.89% across 5 years, with a median of 8.08% in 2022.
- On a YoY basis, Net Margin climbed as much as 832 bps in 2022 and fell as far as 1492 bps in 2022.
- Freeport-Mcmoran's Net Margin stood at 12.1% in 2022, then slumped by 46 bps to 6.57% in 2023, then dropped by 27 bps to 4.79% in 2024, then jumped by 50 bps to 7.21% in 2025, then surged by 96 bps to 14.13% in 2026.
- Business Quant data shows FCX's Net Margin at 14.13% in Q1 2026, 7.21% in Q4 2025, and 9.67% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 161.19 Bn | 153.86 Bn | 2.90 Bn | 38.94% |
| 2 | Freeport-Mcmoran | 98.79 Bn | 94.71 Bn | 2.19 Bn | 19.72% |
| 3 | Hudbay Minerals | 11.02 Bn | 9.98 Bn | 269.00 Mn | 21.76% |
| 4 | Ero Copper | 3.76 Bn | 3.67 Bn | 105.91 Mn | 60.86% |
| 5 | Trekor Metals | 3.19 Bn | 3.07 Bn | 83.54 Mn | 68.97% |
| 6 | Ivanhoe Electric | 1.76 Bn | 1.50 Bn | 368,000.00 | -3,499.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.72% |
| Mar 31, 2026 | 14.13% |
| Dec 31, 2025 | 7.21% |
| Sep 30, 2025 | 9.67% |
| Jun 30, 2025 | 10.18% |
| Mar 31, 2025 | 6.15% |
| Dec 31, 2024 | 4.79% |
| Sep 30, 2024 | 7.75% |
| Jun 30, 2024 | 9.30% |
| Mar 31, 2024 | 7.48% |
| Dec 31, 2023 | 6.57% |
| Sep 30, 2023 | 7.80% |
| Jun 30, 2023 | 5.98% |
| Mar 31, 2023 | 12.30% |
| Dec 31, 2022 | 12.10% |
| Sep 30, 2022 | 8.08% |
| Jun 30, 2022 | 15.51% |
| Mar 31, 2022 | 23.13% |
| Dec 31, 2021 | 17.94% |
| Sep 30, 2021 | 23.00% |