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