Extracts copper, gold, and molybdenum from mines.
Jun 2026Revenue $25.9B/yrExpenses $18.9B/yr
Reached break-even Jun 2017
Figures by year
When did Freeport-Mcmoran become profitable?
Its revenue passed its expenses in Jun 2017. In the 12 months to Jun 2026, revenue was $25.9B and expenses $18.9B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $25.9B | $19.4B | $6.52B |
| Dec 2024 | $25.5B | $18.6B | $6.86B |
| Dec 2023 | $22.9B | $16.6B | $6.22B |
| Dec 2022 | $22.8B | $15.7B | $7.04B |
| Dec 2021 | $22.8B | $14.5B | $8.37B |
| Dec 2020 | $14.2B | $11.8B | $2.44B |
| Dec 2019 | $14.4B | $13.3B | $1.09B |
| Dec 2018 | $18.6B | $13.9B | $4.75B |
| Dec 2017 | $16.4B | $12.7B | $3.69B |
| Dec 2016 | $14.8B | $17.6B | −$2.73B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.