Freeport-Mcmoran (FCX) Tax Provisions (2009 - 2026)
Freeport-Mcmoran (FCX) posted quarterly Tax Provisions of $653.0 million for Q1 2026, up 30.6% year-over-year from $500.0 million in Q1 2025, and up 223.27% quarter-over-quarter from $202.0 million in Q4 2025.
Freeport-Mcmoran (FCX) Tax Provisions (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Tax Provisions for 18 consecutive years, with $653.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 30.6% year-over-year to $653.0 million; the TTM figure through Mar 2026 stood at $2.4 billion (down 5.46% YoY), while the FY2025 annual figure was $2.2 billion, down 11.97% from the prior year.
- Tax Provisions rose to $653.0 million in Q1 2026 per FCX's latest filing, from $202.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $850.0 million in Q2 2025 and bottomed at $202.0 million in Q4 2025.
- Historically, Tax Provisions has averaged $584.4 million across 5 years, with a median of $557.0 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 86.0% — and 2025, when it slumped 61.15%.
- Freeport-Mcmoran's Tax Provisions stood at $557.0 million in 2022, then increased by 29.98% to $724.0 million in 2023, then declined by 28.18% to $520.0 million in 2024, then plunged by 61.15% to $202.0 million in 2025, then jumped by 223.27% to $653.0 million in 2026.
- Business Quant data shows FCX's Tax Provisions at $653.0 million in Q1 2026, $202.0 million in Q4 2025, and $669.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 160.22 Bn | 152.89 Bn | 2.90 Bn | 945.30 Mn |
| 2 | Freeport-Mcmoran | 98.99 Bn | 94.91 Bn | 2.19 Bn | 544.00 Mn |
| 3 | Hudbay Minerals | 11.05 Bn | 10.00 Bn | 269.00 Mn | 102.30 Mn |
| 4 | Ero Copper | 3.77 Bn | 3.68 Bn | 105.91 Mn | -17.89 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.05 Bn | 83.54 Mn | -12.15 Mn |
| 6 | Ivanhoe Electric | 1.74 Bn | 1.48 Bn | 368,000.00 | -51,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 544.00 Mn |
| Mar 31, 2026 | 653.00 Mn |
| Dec 31, 2025 | 202.00 Mn |
| Sep 30, 2025 | 669.00 Mn |
| Jun 30, 2025 | 850.00 Mn |
| Mar 31, 2025 | 500.00 Mn |
| Dec 31, 2024 | 520.00 Mn |
| Sep 30, 2024 | 737.00 Mn |
| Jun 30, 2024 | 754.00 Mn |
| Mar 31, 2024 | 512.00 Mn |
| Dec 31, 2023 | 724.00 Mn |
| Sep 30, 2023 | 508.00 Mn |
| Jun 30, 2023 | 539.00 Mn |
| Mar 31, 2023 | 499.00 Mn |
| Dec 31, 2022 | 557.00 Mn |
| Sep 30, 2022 | 315.00 Mn |
| Jun 30, 2022 | 571.00 Mn |
| Mar 31, 2022 | 824.00 Mn |
| Dec 31, 2021 | 625.00 Mn |
| Sep 30, 2021 | 628.00 Mn |