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
DateValue
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%