Freeport-McMoRan Inc.

FCXNYSEBasic Materials● Active

$63.37

$-6.32(-9.07%)

Market Cap$91.1B

P/E Ratio—

52W High$72.09

52W Low$35.15

Avg Volume16.1M

Open$67.49

Beta1.36

Overview

Freeport-McMoRan Inc. (FCX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FCX · free cash flow · updated Jun 8, 2026

Core FCF metrics

FCX · FCF · TTM · margin & CAGR

Free cash flow was $1.12B for FY2025 (fiscal year ending 2025-12-31), down 52.6% year-over-year The FCF margin was 4.3%. Five-year CAGR stands at +1.1%.

FY2025 Free Cash Flow$1.12B▼ -52.6% YoY

Trailing 12M (TTM)$6.25Btrailing 4 quarters sum

FCF Margin4.3%$1.12B ÷ revenue

3-Year CAGR-12.6%FY2022 → FY2025

5-Year CAGR+1.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

FCX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$5.61B(4.49B)$1.12B▼ 52.6%4.3%

FY2024$7.16B(4.81B)$2.35B▲ +416.9%9.2%

FY2023$5.28B(4.82B)$455.0M▼ 72.8%2.0%

FY2022$5.14B(3.47B)$1.67B▼ 70.2%7.2%

FY2021$7.71B(2.12B)$5.60B▲ +430.3%25.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

FCX · P/FCF · FCF yield · FCF per share

Freeport-McMoRan Inc. (FCX) trades at a FCF yield of 6.86% and a price-to-free-cash-flow ratio of 14.6x. FCF per share stands at $4.33, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.86%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.33

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

FCX · cash flow statement · operating / investing / financing

For FY2025, Freeport-McMoRan Inc. generated $5.61B in operating cash flow and spent 4.49B in capital expenditures, yielding $1.12B in free cash flow.

Operating Activities

+$5.61B

Cash from core business operations

2025-12-31

Investing Activities

−$4.47B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.88B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($5.61B) − |CapEx| (4.49B) = FCF ($1.12B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

FCX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Freeport-McMoRan Inc.YOU

FCX

$1.12B-52.6%4.3%

12%

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Freeport-McMoRan Inc. (FCX) reported free cash flow of $1.12B for FY2025 (fiscal year ending 2025-12-31), down 52.6% year-over-year. The FCF margin was 4.3%.

Based on available data, Freeport-McMoRan Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $5.60B in FY2021. The 5-year CAGR stands at +1.1%.

Freeport-McMoRan Inc.'s FCF yield is 6.86% and price-to-FCF ratio is 14.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

FCX free cash flow · 8 questions

Freeport-McMoRan Inc. free cash flow was $1.12B for FY2025, down 52.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $6.25B.

FCX free cash flowFCX FCFFCX FCF 2025FCX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Freeport-McMoRan Inc. · Freeport-McMoRan Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026