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Freeport-McMoRan's gross profit for the
three
months ended in Jun. 2026 was CHF1,747 Mil. Freeport-McMoRan's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was CHF5,566 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Freeport-McMoRan's gross profit for the
three
months ended in Jun. 2026 was CHF1,747 Mil. Freeport-McMoRan's Revenue for the
three
months ended in Jun. 2026 was CHF5,618 Mil. Therefore, Freeport-McMoRan's Gross Margin % for the quarter that ended in Jun. 2026 was 31.10%.
Freeport-McMoRan had a gross margin of 31.10% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Freeport-McMoRan was 38.59%. The lowest was -18.23%. And the median was 27.94%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Freeport-McMoRan had a gross margin of 31.10% for the quarter that ended in Jun. 2026 => Competition eroding margins
Freeport-McMoRan Gross Profit Related Terms
Freeport-McMoRan Gross Profit Historical Data
* Premium members only.
The historical data trend for Freeport-McMoRan's Gross Profit 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.
XSWX:FCX vs SCCO, IE, COPR: Gross Profit Comparison
For the Copper subindustry, Freeport-McMoRan's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Freeport-McMoRan Gross Profit vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Gross Profit distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF5,566 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Freeport-McMoRan (XSWX:FCX) has a Gross Profit of CHF5,566 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Gross Profit too high?
Freeport-McMoRan's current Gross Profit is CHF5,566 Mil. Overall, Freeport-McMoRan has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Gross Profit compare to SCCO and IE?
Freeport-McMoRan's Gross Profit of CHF5,566 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 Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Gross Profit is CHF5,566 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 (XSWX:FCX) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF37.47, compared to a current price of CHF50.08 — trading 33.7% above its estimated fair value. The current Gross Profit is CHF5,566 Mil. Freeport-McMoRan's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Freeport-McMoRan (XSWX:FCX), the current Gross Profit is CHF5,566 Mil as of Jun. 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 (XSWX:FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of CHF50.08 is trading 33.7% above its estimated GF Value™ of CHF37.47.
GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.
Key valuation signals for XSWX:FCX:
Gross Profit: CHF5,566 Mil
GF Value™: CHF37.47 vs. price of CHF50.08 (33.7% above fair value)
No single metric tells the full story. See the XSWX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
88GF Score
Get the complete analysis for XSWX:FCX
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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