Freeport-Mcmoran (FCX) Net Margin (2009 - 2026)
Freeport-Mcmoran (FCX) posted Net Margin of 14.00% for Q2 2026, up 3.82 percentage points from 10.18% a year earlier but down 0.13 percentage points from the prior quarter.
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Analysis
Freeport-Mcmoran (FCX) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Freeport-Mcmoran was 11.38%, up 3.93 percentage points year-over-year; for FY2025, it was 8.50%, up 1.08 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +4.29 percentage points (FY2020 to FY2025).
- In prior years, Freeport-Mcmoran's Net Margin was 7.42% in FY2024 (-0.66 pp), 8.09% in FY2023 (-7.14 pp), 15.22% in FY2022 (-3.62 pp) and 18.85% in FY2021 (+14.63 pp).
- Quarterly Net Margin has run from a low of 4.79% in Q4 2024 to a high of 23.13% in Q1 2022 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last five quarters, with an average year-over-year change of +1.73 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2021, with a gain of 14.46 percentage points; the weakest was Q3 2022, with a drop of 14.92 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 14.13% (Q1 2026), 7.21% (Q4 2025) and 9.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 166.40 Bn | 145.19 Bn | 2.90 Bn | 38.94% |
| 3 | Rio Tinto | 142.64 Bn | 103.14 Bn | - | - |
| 4 | Newmont | 124.89 Bn | 92.89 Bn | 4.03 Bn | 35.99% |
| 5 | Freeport-Mcmoran | 98.32 Bn | 82.36 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 93.92 Bn | 83.55 Bn | 2.43 Bn | 42.09% |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | 23.00% |
| 8 | Nucor | 58.88 Bn | 48.26 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 47.56 Bn | 26.58 Bn | - | 4.07% |
| 10 | AngloGold Ashanti | 46.16 Bn | 34.05 Bn | 1.70 Bn | 32.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00% |
| 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% |
API Access
Freeport-Mcmoran Net Margin 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=net-margin&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();