Freeport-McMoRan (MEX:FCX) Research & Development: MXN0 Mil (TTM As of Mar. 2026)


MEX:FCX Freeport-McMoRan Inc MEX:FCX
82 GF Score
Price MXN1,090.00
GF Value MXN843.05
Valuation Modestly Overvalued
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What is Freeport-McMoRan Research & Development?

Freeport-McMoRan MEX:FCX +0.65% 82 Research & Development is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:FCX with a GF Score™ of 82/100 and a GF Value™ of MXN843.05 (Modestly Overvalued).

Research & Development is the aggregate amount of research and development expenses during the year. Freeport-McMoRan's Research & Development for the three months ended in Mar. 2026 was MXN0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN0 Mil.

Freeport-McMoRan  (MEX:FCX) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Freeport-McMoRan Research & Development Related Terms

Freeport-McMoRan Research & Development Historical Data

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The historical data trend for Freeport-McMoRan's Research & Development 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 Research & Development Chart

Freeport-McMoRan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Freeport-McMoRan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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MEX:FCX
82GF Score
Freeport-McMoRan Inc MEX:FCX
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Freeport-McMoRan Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN0 Mil mean?
Freeport-McMoRan (MEX:FCX) has a Research & Development of MXN0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Research & Development too high?
Freeport-McMoRan's current Research & Development is MXN0 Mil. Overall, Freeport-McMoRan has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Research & Development compare to SCCO and IE?
Freeport-McMoRan's Research & Development 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 Research & Development for a Metals & Mining company?
A good Research & Development depends on the Metals & Mining industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Research & Development 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 Modestly Overvalued. The stock's GF Value™ is MXN843.05, compared to a current price of MXN1,090.00 — trading 29.3% above its estimated fair value. The current Research & Development is MXN0 Mil. Freeport-McMoRan's overall GF Score™ is 82/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Freeport-McMoRan (MEX:FCX), the current Research & Development 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 MXN1,090.00 is trading 29.3% above its estimated GF Value™ of MXN843.05. GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.

Key valuation signals for MEX:FCX:

  • Research & Development: MXN0 Mil
  • GF Value™: MXN843.05 vs. price of MXN1,090.00 (29.3% above fair value)
  • GF Score™: 82/100

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.
82GF Score

Get the complete analysis for MEX:FCX

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,090.00
Price
MXN843.05
GF Value