Freeport-Mcmoran (FCX) Return on Capital Employed (2009 - 2026)
Freeport-Mcmoran (FCX) posted quarterly 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 reported Return on Capital Employed for 18 consecutive years, with 13.98% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed rose 78.0% year-over-year to 13.98%; the TTM figure through Mar 2026 stood at 13.98% (up 78.0% YoY), while the FY2025 annual figure was 12.91%, down 134.0% from the prior year.
- Return on Capital Employed advanced to 13.98% in Q1 2026 per FCX's latest filing, from 12.66% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 22.97% in Q1 2022 and bottomed at 11.93% in Q2 2023.
- Historically, Return on Capital Employed has averaged 14.87% across 5 years, with a median of 13.63% in 2025.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 1137 bps — and 2023, when it plunged 1022 bps.
- Freeport-Mcmoran's Return on Capital Employed stood at 15.93% in 2022, then declined by 16 bps to 13.46% in 2023, then gained by 3 bps to 13.83% in 2024, then declined by 8 bps to 12.66% in 2025, then grew 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 158.53 Bn | 151.20 Bn | 2.90 Bn | 42.99% |
| 2 | Freeport-Mcmoran | 98.42 Bn | 94.34 Bn | 2.19 Bn | 13.20% |
| 3 | Hudbay Minerals | 10.94 Bn | 9.89 Bn | 269.00 Mn | - |
| 4 | Ero Copper | 3.72 Bn | 3.63 Bn | 105.91 Mn | - |
| 5 | Trekor Metals | 3.17 Bn | 3.05 Bn | 83.54 Mn | - |
| 6 | Ivanhoe Electric | 1.77 Bn | 1.51 Bn | 368,000.00 | 2.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.20% |
| 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% |