Freeport-McMoRan profit margin FCX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 18.9%
- Operating margin, 12 months
- 26.8%
- Net margin on a year earlier
- +1.7 pts
- Peer median
- 11.8%
Over the twelve months to Jun 30, 2026, Freeport-McMoRan kept 18.9% of its revenue as net profit, with an operating margin of 26.8% and a gross margin of 27.1%.
Five years earlier its net margin was 17.6%.
The median for 10 materials stocks of a similar size is 11.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 16.0% | 25.2% | 28.2% |
| FY2024 | 17.3% | 27.0% | 30.1% |
| FY2023 | 16.4% | 27.2% | 31.3% |
| FY2022 | 19.7% | 30.9% | 33.8% |
| FY2021 | 24.5% | 36.6% | 38.6% |
| FY2020 | 6.1% | 17.2% | 17.9% |
| FY2019 | −1.3% | 7.6% | 8.9% |
| FY2018 | 15.5% | 25.5% | 27.8% |
| FY2017 | 12.8% | 22.5% | 27.0% |
| FY2016 | −27.1% | −18.8% | −18.5% |
| FY2015 | −82.8% | −92.5% | −87.2% |
| FY2014 | −5.9% | 0.5% | 9.0% |
| FY2013 | 12.8% | 25.6% | 30.0% |
| FY2012 | 14.1% | 32.3% | 35.8% |
| FY2011 | 21.8% | 43.8% | 47.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 18.9% | +1.7 pts | 26.8% | |
| Q1 FY26 | 17.7% | +0.5 pts | 27.8% | |
| Q4 FY25 | 16.0% | −1.3 pts | 25.2% | |
| Q3 FY25 | 17.6% | +2.4 pts | 26.7% | |
| Q2 FY25 | 17.2% | +1.6 pts | 26.8% | |
| Q1 FY25 | 17.2% | +2.2 pts | 26.3% | |
| Q4 FY24 | 17.3% | +0.9 pts | 27.0% | |
| Q3 FY24 | 15.2% | +1.3 pts | 28.6% | |
| Q2 FY24 | 15.5% | +1.3 pts | 28.0% | |
| Q1 FY24 | 15.0% | −1.8 pts | 26.3% | |
| Q4 FY23 | 16.4% | −3.2 pts | 27.2% | |
| Q3 FY23 | 14.0% | −7.3 pts | 26.6% |
Against its peers
Companies in Basic Materials nearest Freeport-McMoRan's size, closest first, today.
| Company | Profit margin |
|---|---|
| FCXFreeport-McMoRan | 18.9% |
| JCIJohnson Controls International | 14.3% |
| SHWSherwin-Williams | 11.0% |
| ECLEcolab | 12.6% |
| NEMNewmont | 34.7% |
| APDAir Products and Chemicals | −0.4% |
| NUENucor | 8.0% |
| SCCOSouthern Copper | 37.2% |
| CRHCRH | 9.9% |
| LINLinde | 20.4% |
| STLDSteel Dynamics | 7.8% |
| Peer median | 11.8% |
Where Freeport-McMoRan ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Freeport-McMoRan
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.