FREEPORT-MCMORAN INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 9,379 | 33.2 |
| Stockholders' equity | 18,899 | 66.8 |
| Total capitalization | 28,278 | 100.0 |
1,436,017,523 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 6 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 9,379 |
| Long-term debt, noncurrent | 8,913 |
| Current maturities | 466 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 3,000,000,000 |
| Common shares issued | 1,627,000,000 |
| Treasury shares | 191,000,000 |
| Par or stated value per share ($) | 0.1 |
| Outstanding at 7/31/26 | 1,436,017,523 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 0.60 | 39.5 |
| 2024 | 0.60 | 46.2 |
| 2023 | 0.60 | 46.9 |
| 2022 | 0.60 | 25.1 |
| 2021 | 0.38 | 12.9 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as FREEPORT MCMORAN COPPER & GOLD INC (to 2 July 2014).
BUSINESS: Classified by the SEC under Standard Industrial Classification 1000, Metal Mining. Large accelerated filer. Principal executive office: 4340 E. Cotton Center Blvd., Suite 110, Phoenix, AZ 85040. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 25,186 | 25,169 | 22,703 |
| Cost of revenues | 18,618 | 17,795 | 15,695 |
| Selling, general and administrative | 545 | 513 | 479 |
| Depreciation and amortization | 2,244 | 2,241 | 2,068 |
| Operating income | 6,518 | 6,864 | 6,225 |
| Income before income taxes | 6,372 | 6,907 | 6,006 |
| Income taxes | 2,221 | 2,523 | 2,270 |
| Net income | 4,152 | 4,399 | 3,751 |
| Earned per share, diluted ($) | 1.52 | 1.30 | 1.28 |
| Dividends per share ($) | 0.60 | 0.60 | 0.60 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 3,824 | 3,923 |
| Receivables, net | 977 | 578 |
| Total current assets | 13,790 | 13,296 |
| Property, plant and equipment, net | 40,736 | 38,514 |
| Total assets | 58,167 | 54,848 |
| Total current liabilities | 6,019 | 5,496 |
| Long-term debt | 8,913 | 8,907 |
| Total liabilities | 27,401 | 26,070 |
| Stockholders' equity | 18,899 | 17,581 |
| Total liabilities and equity | 58,167 | 54,848 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 25,915 | 6,518 | 2,204 | 8.5 | 1.52 | 0.60 | 5,610 | 4,494 | 1,116 | 58,167 | 27,401 | 9,379 | 18,899 | 11.7 | 0.50 |
| 12/31/24 | 25,455 | 6,864 | 1,889 | 7.4 | 1.30 | 0.60 | 7,160 | 4,808 | 2,352 | 54,848 | 26,070 | 8,948 | 17,581 | 10.7 | 0.51 |
| 12/31/23 | 22,855 | 6,225 | 1,848 | 8.1 | 1.28 | 0.60 | 5,279 | 4,824 | 455 | 52,506 | 25,196 | 9,422 | 16,693 | 11.1 | 0.56 |
| 12/31/22 | 23,271 | 7,037 | 3,468 | 14.9 | 2.39 | 0.60 | 5,139 | 3,469 | 1,670 | 51,093 | 26,222 | 10,620 | 15,555 | 22.3 | 0.68 |
| 12/31/21 | 22,845 | 8,366 | 4,306 | 18.8 | 2.90 | 0.38 | 7,715 | 2,115 | 5,600 | 48,022 | 25,003 | 9,450 | 13,980 | 30.8 | 0.68 |
| 12/31/20 | 14,198 | 2,437 | 599 | 4.2 | 0.41 | 0.00 | 3,017 | 1,961 | 1,056 | 42,144 | 23,476 | 9,711 | 10,174 | 5.9 | 0.95 |
| 12/31/19 | 14,402 | 1,091 | (239) | -1.7 | (0.17) | 0.20 | 1,482 | 2,652 | (1,170) | 40,809 | 23,361 | 9,826 | 9,298 | -2.6 | 1.06 |
| 12/31/18 | 18,945 | 4,754 | 2,602 | 13.7 | 1.78 | 0.20 | 3,863 | 1,971 | 1,892 | 42,216 | 24,324 | 11,141 | 9,798 | 26.6 | 1.14 |
| 12/31/17 | 16,403 | 3,690 | 1,817 | 11.1 | 1.25 | 0.00 | 4,666 | 1,410 | 3,256 | 37,302 | 26,006 | 13,229 | 7,977 | 22.8 | 1.66 |
| 12/31/16 | 14,830 | (2,729) | (4,154) | -28.0 | (3.16) | 0.00 | 3,737 | 2,813 | 924 | 37,317 | 28,060 | 2,228 | 6,051 | -68.6 | 0.37 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
FREEPORT-MCMORAN INC
CIK 831259 · EIN 74-2480931
PRINCIPAL OFFICE:
4340 E. Cotton Center Blvd., Suite 110, Phoenix, AZ 85040
Tel.: 6023668100
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
1000 · Metal Mining
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 13 February 2026
FORMER NAMES:
FREEPORT MCMORAN COPPER & GOLD INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/13/26) · 10-K FY2023 (filed 2/14/25) · 10-K FY2023 (filed 2/16/24) · 10-K FY2022 (filed 2/15/23) · 10-K FY2021 (filed 2/15/22) · 10-K FY2020 (filed 2/16/21) · 10-K FY2019 (filed 2/14/20) · 10-K FY2018 (filed 2/15/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.