Freeport-Mcmoran (FCX) Tax Rate (2009 - 2026)
Freeport-Mcmoran's (FCX) quarterly Tax Rate came in at 28.19% in Q2 2026, down 736.0% year-over-year from 4.43% in Q2 2025, and down 12.2% quarter-over-quarter from 32.1% in Q1 2026.
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Freeport-Mcmoran (FCX) Tax Rate (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Tax Rate for 18 consecutive years, with 28.19% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 736.0% year-over-year to 28.19% in Q2 2026; TTM through Jun 2026 was 31.08%, a 679.0% decrease from a year earlier, with the FY2025 full-year figure at 34.86%, down 167.0% from the prior year.
- Tax Rate was 28.19% for Q2 2026 at Freeport-Mcmoran, down from 32.1% in the prior quarter.
- Over five years, Tax Rate peaked at 42.51% in Q2 2023 and troughed at 26.37% in Q4 2025.
- A 5-year average of 35.16% and a median of 35.63% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 972 bps in 2022 and tumbled 1556 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 36.26% in 2022, then rose by 16 bps to 41.9% in 2023, then grew by 0 bps to 41.94% in 2024, then plunged by 37 bps to 26.37% in 2025, then gained by 7 bps to 28.19% in 2026.
- The last three Tax Rate figures came in at 28.19% (Q2 2026), 32.1% (Q1 2026), and 26.37% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | -4.70% |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | -26.43% |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | -20.30% |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | -28.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.19% |
| Mar 31, 2026 | 32.10% |
| Dec 31, 2025 | 26.37% |
| Sep 30, 2025 | 34.77% |
| Jun 30, 2025 | 35.55% |
| Mar 31, 2025 | 38.73% |
| Dec 31, 2024 | 41.94% |
| Sep 30, 2024 | 37.54% |
| Jun 30, 2024 | 37.14% |
| Mar 31, 2024 | 30.59% |
| Dec 31, 2023 | 41.90% |
| Sep 30, 2023 | 34.51% |
| Jun 30, 2023 | 42.51% |
| Mar 31, 2023 | 32.44% |
| Dec 31, 2022 | 36.26% |
| Sep 30, 2022 | 36.33% |
| Jun 30, 2022 | 35.71% |
| Mar 31, 2022 | 30.37% |
| Dec 31, 2021 | 31.68% |
| Sep 30, 2021 | 26.61% |
API Access
Freeport-Mcmoran Tax Rate 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-rate&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();