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

Freeport-Mcmoran (FCX) has 18 years of Operating Margin data on file, last reported at 34.28% in Q1 2026.

• Operating Margin for Q1 2026 came in at 34.28%, up 1153.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.83% (up 155.0% YoY), and the FY2025 annual result was 25.15%, down 181.0% from the prior year.
• Operating Margin improved to 34.28% in Q1 2026 per FCX's latest filing, from 14.4% in the prior quarter.
• Over five years, Operating Margin peaked at 42.54% in Q1 2022 and troughed at 14.4% in Q4 2025.
• A 5-year average of 27.55% and a median of 28.28% in 2025 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2022 and 2026: Operating Margin tumbled 2124 bps in 2022, then surged 1153 bps in 2026.
• A 5-year view of Operating Margin shows it stood at 26.57% in 2022, then grew by 10 bps to 29.16% in 2023, then slipped by 25 bps to 21.73% in 2024, then sank by 34 bps to 14.4% in 2025, then jumped by 138 bps to 34.28% in 2026.
• Business Quant data shows FCX's Operating Margin at 34.28% in Q1 2026, 14.4% in Q4 2025, and 28.28% in Q3 2025.