Freeport-McMoRan Inc. (NYSE: FCX)

Q: What is Freeport-McMoRan Inc.'s revenue?

Freeport-McMoRan Inc. has annual revenue of approximately $25.91 billion.

Q: How many employees does Freeport-McMoRan Inc. have?

Freeport-McMoRan Inc. employs approximately 27,000 people.

Copper · Phoenix, AZ, United States · Founded 1912

$60.0B

Market Cap

$25.91B

Revenue

27,000

Employees

$4.0B

Net Income

📊 Key Statistics for Freeport-McMoRan Inc. (FCX)

Market capitalization: $60.0 billion
Annual revenue: $25.91 billion
Net income: $4.0 billion
Employees: 27,000
Sector: Basic Materials
Headquarters: Phoenix, United States
Founded: 1912

Source: Statvoo company profile for Freeport-McMoRan Inc.. Browse all 500+ companies

📋 About Freeport-McMoRan Inc.

Freeport-McMoRan is the world's largest publicly traded copper producer, operating massive mines in Arizona, Indonesia, and Peru. Copper is essential for electrification — EVs use 4x more copper than combustion cars, and renewable energy infrastructure is copper-intensive. Freeport is a direct bet on the energy transition.

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💰 How Freeport-McMoRan Inc. Makes Money

Mine and sell copper, gold, and molybdenum. The Grasberg mine in Indonesia is one of the largest gold and copper deposits ever discovered. Revenue tracks copper prices closely — every $0.10/lb change in copper price moves annual revenue by roughly $400 million.

📜 Key Milestones

Founded in 1912, Freeport has a controversial history including environmental damage in Papua (Indonesia) and a near-bankruptcy during the 2015 commodity crash that forced asset sales and dividend cuts. The company recovered spectacularly as copper prices surged on electrification demand.

📊 Financial Overview

Market Capitalization	$60.0B
Annual Revenue	$25.91B
Net Income	$4.0B
Profit Margin	15%
Revenue per Employee	$959630K
Stock Exchange	NYSE
Ticker Symbol	FCX

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

The Grasberg mine in Papua, Indonesia operates an underground block cave mine at 14,000 feet elevation — one of the most technically challenging mining operations on Earth. Freeport produces roughly 4 billion pounds of copper annually, enough to wire millions of homes.

📝 Analyst Take

Freeport is the highest-leverage play on copper demand from EVs and renewables. The thesis is simple: the world needs dramatically more copper, supply growth is constrained, and Freeport has the reserves. Political risk in Indonesia and commodity price volatility are the counterarguments.

❓ Frequently Asked Questions