Freeport-Mcmoran (FCX) Tax Provisions (2009 - 2026)
Freeport-Mcmoran (FCX) recorded Tax Provisions of $544 million in Q2 2026, down 36.0% from $850 million a year earlier and down 16.7% from the prior quarter.
Freeport-Mcmoran (FCX) Tax Provisions (2009 - 2026) Analysis & Trends
On a TTM basis, Freeport-Mcmoran's Tax Provisions came in at $2.07 billion as of Jun 30, 2026, down 20.7% year-over-year; for FY2025, it was $2.22 billion, down 12.0% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of 18.7% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $2.52 billion in FY2024 (+11.1%), $2.27 billion in FY2023 (+0.1%), $2.27 billion in FY2022 (-1.4%) and $2.3 billion in FY2021 (+143.5%).
- Quarterly Tax Provisions has ranged from $202 million in Q4 2025 to $850 million in Q2 2025 over the past five years.
- On a year-over-year basis, Tax Provisions rose in three of the last eight quarters, with an average decline of 6.1%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 111.4% in Q3 2021, against a decline of 61.2% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $653 million (Q1 2026), $202 million (Q4 2025) and $669 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 147.97 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 142.69 Bn | 103.19 Bn | - | - |
| 4 | Newmont | 124.72 Bn | 92.73 Bn | 4.03 Bn | 952.00 Mn |
| 5 | Freeport-Mcmoran | 99.04 Bn | 83.08 Bn | 2.19 Bn | 544.00 Mn |
| 6 | Agnico Eagle Mines | 93.79 Bn | 83.42 Bn | 2.43 Bn | 722.40 Mn |
| 7 | Barrick Mining | 69.11 Bn | 44.31 Bn | 2.90 Bn | 732.00 Mn |
| 8 | Nucor | 59.00 Bn | 48.39 Bn | 2.03 Bn | 345.00 Mn |
| 9 | ArcelorMittal | 48.10 Bn | 27.13 Bn | - | -175.00 Mn |
| 10 | AngloGold Ashanti | 46.48 Bn | 34.37 Bn | 1.70 Bn | 1.44 Bn |
Historic 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 |
Freeport-Mcmoran Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=FCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "FCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();