FREEPORT-MCMORAN INC(FCX)— Stock Profile, AI Score & Financials
Materials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
FREEPORT-MCMORAN INC (FCX) stock profile, AI quality score, and SEC EDGAR financial data, a Materials sector company. 13F Pro's AI-powered ranking engine scores FCX at 62.0/100 on a 32-signal composite quality model, placing it at rank #739 of 2,960 stocks — the top 25% of the AI-ranked universe. FCX scores in the top quartile across revenue scale (94.3), balance sheet strength (77.9), profitability (77.8). Areas of concern include revenue growth (33.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), FREEPORT-MCMORAN INC reports quarterly revenue of $7.0B, net income of $984.0M, an operating margin of 28.5%. Top institutional holders of FCX by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, Fisher Asset Management, based on the most recent SEC filings. FCX trades on the NYSE exchange and files with the SEC under CIK 831259. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FCX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FREEPORT-MCMORAN INC directly from SEC EDGAR.
AI Quality Score
62.0/100
AI Rank
#739
Revenue
$7.0B
Net Income
$984.0M
Operating Margin
28.5%
FCX key financials by period
FREEPORT-MCMORAN INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$25.9B
$2.2B
25.1%
FY 2024
10-K
$25.5B
$1.9B
27.0%
FY 2023
10-K
$22.9B
$1.8B
27.2%
FY 2022
10-K
$22.8B
$3.5B
30.9%
FY 2021
10-K
$22.8B
$4.3B
36.6%
FY 2020
10-K
$14.2B
—
17.2%
Institutions holding FCX
Institutional investors reporting a position in FREEPORT-MCMORAN INC on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Grasberg's phased ramp-up cut PTFI sales to 153 million pounds of copper and 118 thousand ounces of gold, yet 36% higher realized copper prices held quarterly revenues near $6.9 billion.
Biggest Revenue Drivers
Copper cathode$2,647M
Average realized copper price of $6.17 per pound, 36% higher than second-quarter 2025.
Copper rod and other refined copper products$1,533M
U.S. Rod & Refining processes copper from U.S. mines and purchased copper into cathode and rod.
Biggest Revenue Drivers
Total revenue: $6,917M
Copper cathode$2,647M
Average realized copper price of $6.17 per pound, 36% higher than second-quarter 2025.
Copper rod and other refined copper products$1,533M
U.S. Rod & Refining processes copper from U.S. mines and purchased copper into cathode and rod.
Copper concentrate$976M
Reflects the lack of copper concentrate sales volumes in Indonesia now that PTFI is a fully integrated producer of refined copper, gold and silver.
Molybdenum$728M
Average realized molybdenum prices were 36% higher than second-quarter 2025; consolidated molybdenum sales of 25 million pounds.
Gold$640M
PTFI gold sales of 118 thousand ounces versus 518 thousand, reflecting lower operating rates during the Grasberg Block Cave phased ramp-up.
Largest Expense Items
Production and delivery$4,320Mflat versus $4.3 billion in second-quart
Higher costs of copper purchases at Atlantic Copper and higher costs for supplies, diesel fuel and other consumables, partly offset by reduced operating rates at PTFI.
Depreciation, depletion and amortization$523M
Lower unit-of-production depreciation from lower operating rates at PTFI, partly offset by higher depreciation on assets placed into service in 2025.
Selling, general and administrative expenses$135M
Exploration and research expenses$53M
Margins: Operating income fell to $2,003M from $2,432M; consolidated unit net cash costs rose to $1.97 per pound from $1.13, excluding $0.40 per pound of idle facility and restoration costs.
Watch Items from the Filing
Grasberg ramp-up charges: $284 million of idle facility and restoration costs in production and delivery plus $79 million in DD&A this quarter; roughly $1.2 billion expected for 2026.
PTFI production rates are expected to approximate 65% of capacity in second-half 2026, 80% by mid-2027 and approach full capacity by end of 2027.
Under the February 2026 MOU, FCX keeps its 48.76% PTFI interest through 2041 and holds approximately 37% beginning in 2042; amended IUPK still pending.
PTFI paid $220 million of disputed 2022 Indonesia tax assessments on June 30, 2026, and filed objections, recording a long-term tax receivable.
Bagdad expansion capital cost estimates now approximate $4.5 billion, about 30% above the prior $3.5 billion 2023 estimate, ahead of a possible second-half 2026 decision.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
