Freeport-Mcmoran (FCX) Tax Provisions (2009 - 2026)
Freeport-Mcmoran (FCX) reported 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 18 years of Tax Provisions data on file, last reported at $653.0 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at $653.0 million, up 30.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.4 billion (down 5.46% YoY), and the FY2025 annual result was $2.2 billion, down 11.97% from the prior year.
- Tax Provisions advanced to $653.0 million in Q1 2026 per FCX's latest filing, from $202.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $850.0 million in Q2 2025 and troughed at $202.0 million in Q4 2025.
- A 5-year average of $584.4 million and a median of $557.0 million in 2022 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 86.0% in 2022, then slumped 61.15% in 2025.
- A 5-year view of Tax Provisions shows it stood at $557.0 million in 2022, then grew by 29.98% to $724.0 million in 2023, then dropped by 28.18% to $520.0 million in 2024, then tumbled by 61.15% to $202.0 million in 2025, then soared 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | - |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 653.00 Mn |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | - |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | -7.20 Mn |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 12.20 Mn |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | 12.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 603.00 Mn |