Freeport-Mcmoran (FCX) Return on Capital Employed (2009 - 2026)
Freeport-Mcmoran (FCX) reported Return on Capital Employed of 13.98% for Q1 2026, up 78.0% year-over-year from 7.85% in Q1 2025, and up 10.4% quarter-over-quarter from 12.66% in Q4 2025.
Freeport-Mcmoran (FCX) Return on Capital Employed (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has 18 years of Return on Capital Employed data on file, last reported at 13.98% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 13.98%, up 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.98% (up 78.0% YoY), and the FY2025 annual result was 12.91%, down 134.0% from the prior year.
- Return on Capital Employed improved to 13.98% in Q1 2026 per FCX's latest filing, from 12.66% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 22.97% in Q1 2022 and troughed at 11.93% in Q2 2023.
- A 5-year average of 14.87% and a median of 13.63% in 2025 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed jumped 1137 bps in 2022, then plunged 1022 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 15.93% in 2022, then dropped by 16 bps to 13.46% in 2023, then rose by 3 bps to 13.83% in 2024, then dropped by 8 bps to 12.66% in 2025, then climbed by 10 bps to 13.98% in 2026.
- Business Quant data shows FCX's Return on Capital Employed at 13.98% in Q1 2026, 12.66% in Q4 2025, and 13.59% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 40.41% |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 13.98% |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | - |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | - |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 2.08% |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.98% |
| Dec 31, 2025 | 12.66% |
| Sep 30, 2025 | 13.59% |
| Jun 30, 2025 | 13.63% |
| Mar 31, 2025 | 13.20% |
| Dec 31, 2024 | 13.83% |
| Sep 30, 2024 | 15.06% |
| Jun 30, 2024 | 14.29% |
| Mar 31, 2024 | 13.30% |
| Dec 31, 2023 | 13.46% |
| Sep 30, 2023 | 13.00% |
| Jun 30, 2023 | 11.93% |
| Mar 31, 2023 | 12.75% |
| Dec 31, 2022 | 15.93% |
| Sep 30, 2022 | 17.75% |
| Jun 30, 2022 | 21.39% |
| Mar 31, 2022 | 22.97% |
| Dec 31, 2021 | 20.12% |
| Sep 30, 2021 | 19.11% |
| Jun 30, 2021 | 15.86% |