Freeport-McMoRan (MEX:FCX) Construction In Progress: MXN0 Mil (As of Mar. 2026)


MEX:FCX Freeport-McMoRan Inc MEX:FCX
84 GF Score
Price MXN1,083.37
GF Value MXN829.92
Valuation Significantly Overvalued
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What is Freeport-McMoRan Construction In Progress?

Freeport-McMoRan MEX:FCX -0.61% 84 Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:FCX with a GF Score™ of 84/100 and a GF Value™ of MXN829.92 (Significantly Overvalued).

Freeport-McMoRan's quarterly construction in progress increased from Sep. 2025 (MXN0 Mil) to Dec. 2025 (MXN99,445 Mil) but then declined from Dec. 2025 (MXN99,445 Mil) to Mar. 2026 (MXN0 Mil).

Freeport-McMoRan's annual construction in progress increased from Dec. 2023 (MXN117,886 Mil) to Dec. 2024 (MXN195,647 Mil) but then declined from Dec. 2024 (MXN195,647 Mil) to Dec. 2025 (MXN99,445 Mil).

Freeport-McMoRan Construction In Progress Historical Data

* Premium members only.

The historical data trend for Freeport-McMoRan's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Freeport-McMoRan Construction In Progress Chart

Freeport-McMoRan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50,813.18 86,152.82 117,886.15 195,647.32 99,445.48

Freeport-McMoRan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 99,445.48 0.00
MEX:FCX
84GF Score
Freeport-McMoRan Inc MEX:FCX
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Freeport-McMoRan Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of MXN0 Mil mean?
Freeport-McMoRan (MEX:FCX) has a Construction In Progress of MXN0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Construction In Progress too high?
Freeport-McMoRan's current Construction In Progress is MXN0 Mil. Overall, Freeport-McMoRan has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Construction In Progress compare to SCCO and IE?
Freeport-McMoRan's Construction In Progress of MXN0 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Construction In Progress is MXN0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freeport-McMoRan stock overvalued right now?
Based on GuruFocus' analysis, Freeport-McMoRan (MEX:FCX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN829.92, compared to a current price of MXN1,083.37 — trading 30.5% above its estimated fair value. The current Construction In Progress is MXN0 Mil. Freeport-McMoRan's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Freeport-McMoRan (MEX:FCX), the current Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Freeport-McMoRan (MEX:FCX) Overvalued in 2026?

Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued. The current stock price of MXN1,083.37 is trading 30.5% above its estimated GF Value™ of MXN829.92. GuruFocus considers Freeport-McMoRan to be Significantly Overvalued.

Key valuation signals for MEX:FCX:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN829.92 vs. price of MXN1,083.37 (30.5% above fair value)
  • GF Score™: 84/100

No single metric tells the full story. See the MEX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Freeport-McMoRan Business Description

Address 4340 East. Cotton Center boulevard, Suite 110, Phoenix, AZ, USA, 85040-8852
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
84GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,083.37
Price
MXN829.92
GF Value