Freeport-McMoRan Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $25.92B | $25.46B | $22.64B | $22.85B | $22.82B | $13.70B | $14.40B |
| Copper | — | — | — | $16.49B | $17.20B | $18.40B | $9.97B | — |
| Gold | — | — | — | $1.76B | $2.44B | $2.58B | $1.97B | — |
| Molybdenum | — | — | — | $1.12B | $1.05B | $686.0M | $292.0M | — |
| Other | — | — | — | $3.28B | $2.16B | $1.16B | $1.47B | — |
| Cost of Revenue | — | $18.62B | $17.80B | $15.70B | $15.09B | $14.03B | $11.66B | $13.13B |
| Gross Profit | — | $7.30B | $7.66B | $6.95B | $7.76B | $8.79B | $2.05B | $1.28B |
| Gross Margin | — | 28.2% | 30.1% | 30.7% | 34.0% | 38.5% | 14.9% | 8.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $545.0M | $513.0M | $479.0M | $420.0M | $383.0M | $370.0M | $394.0M |
| Operating Income | — | $6.52B | $6.86B | $6.23B | $7.04B | $8.37B | $2.44B | $1.09B |
| Operating Margin | — | 25.2% | 27.0% | 27.5% | 30.8% | 36.7% | 17.8% | 7.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $6.37B | $6.91B | $6.01B | $6.72B | $7.66B | $1.80B | $306.0M |
| Income Tax Expense | — | $2.22B | $2.52B | $2.27B | $2.27B | $2.30B | $944.0M | $510.0M |
| Net Income | — | $4.15B | $4.40B | $3.75B | $4.48B | $5.37B | $865.0M | $-189.0M |
| Net Margin | — | 16.0% | 17.3% | 16.6% | 19.6% | 23.5% | 6.3% | -1.3% |
| EPS (Basic) | — | $1.53 | $1.31 | $1.28 | $2.40 | $2.93 | $0.41 | $-0.17 |
| EPS (Diluted) | — | $1.52 | $1.30 | $1.28 | $2.39 | $2.90 | $0.41 | $-0.17 |
| Shares Outstanding (Basic) | 1.44B | 1.44B | 1.44B | 1.43B | 1.44B | 1.47B | 1.45B | 1.45B |
| Shares Outstanding (Diluted) | 1.44B | 1.44B | 1.45B | 1.44B | 1.45B | 1.48B | 1.46B | 1.45B |
| Dividends Per Share | — | $0.60 | $0.60 | $0.60 | $0.60 | $0.38 | $0.00 | $0.20 |