Freeport-Mcmoran (FCX) Net Margin (2009 - 2026)

Freeport-Mcmoran (FCX) reported 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 18 years of Net Margin data on file, last reported at 14.13% in Q1 2026.

  • Net Margin for Q1 2026 came in at 14.13%, up 799.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.34% (up 323.0% YoY), and the FY2025 annual result was 8.5%, up 108.0% from the prior year.
  • Net Margin grew to 14.13% in Q1 2026 per FCX's latest filing, from 7.21% in the prior quarter.
  • Over five years, Net Margin peaked at 23.13% in Q1 2022 and troughed at 4.79% in Q4 2024.
  • A 5-year average of 9.89% and a median of 8.08% in 2022 frame the typical range for Net Margin.
  • On a YoY basis, Net Margin climbed as much as 832 bps in 2022 and fell as far as 1492 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 12.1% in 2022, then sank by 46 bps to 6.57% in 2023, then slipped by 27 bps to 4.79% in 2024, then soared by 50 bps to 7.21% in 2025, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 37.09%
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 14.13%
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 25.14%
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn 60.86%
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 9,485.43%
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn 7.10%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 18.84%