FCXFREEPORT-MCMORAN INC
Metal Mining
- Revenue
- $25.2B
- 0.1% YoY
- Operating margin
- 25.9%
- 5.1% YoY
- EBITDA
- $8.8B
- 3.8% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.7×
- $5.9B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear255% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear17% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $22.4B | $23.3B | $22.7B | $25.2B | $25.2B | 0.1% |
| Operating income | $8.4B | $7.0B | $6.2B | $6.9B | $6.5B | 5.0% |
| Net income | $4.3B | $3.5B | $1.8B | $1.9B | $2.2B | 17% |
| Operating cash flow | $7.7B | $5.1B | $5.3B | $7.2B | $5.6B | 22% |
| Capex | $2.1B | $3.5B | $4.8B | $4.8B | $4.5B | 6.5% |
| Stock-based comp | $98M | $95M | $109M | $109M | $121M | 11% |
| Buybacks | $488M | $1.3B | $0 | $59M | $107M | 81% |
| Dividends | $331M | $866M | $863M | $865M | $865M | 0.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 209 | 331 |
| FY2024 | — | — | 154 | 179 |
| FY2023 | — | — | 170 | 187 |
| FY2022 | — | — | 150 | 154 |
| FY2021 | — | — | 161 | 135 |