Freeport-McMoRan (XTER:FPMB) Tax Provision: €-2,044 Mil (TTM As of Mar. 2026)

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XTER:FPMB Freeport-McMoRan Inc XTER:FPMB
90 GF Score
Price €53.65
GF Value €40.73
Valuation Significantly Overvalued
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What is Freeport-McMoRan Tax Provision?

Freeport-McMoRan XTER:FPMB -0.15% 90 Tax Provision is €-2,044 Mil as of Mar. 2026. GuruFocus rates XTER:FPMB with a GF Score™ of 90/100 and a GF Value™ of €40.73 (Significantly Overvalued).

Freeport-McMoRan's tax provision for the three months ended in Mar. 2026 was €-565 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was €-2,044 Mil.

Freeport-McMoRan Tax Provision Historical Data

* Premium members only.

The historical data trend for Freeport-McMoRan's Tax Provision 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 Tax Provision Chart

Freeport-McMoRan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,034.62 -2,140.05 -2,081.59 -2,409.47 -1,896.73

Freeport-McMoRan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -462.50 -736.95 -569.99 -172.51 -564.85
XTER:FPMB
90GF Score
Freeport-McMoRan Inc XTER:FPMB
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Freeport-McMoRan Tax Provision Calculation

Tax to be paid.

Tax Provision 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 €-2,044 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 Tax Provision →
What does a Tax Provision of €-2,044 Mil mean?
Freeport-McMoRan (XTER:FPMB) has a Tax Provision of €-2,044 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Tax Provision too high?
Freeport-McMoRan's current Tax Provision is €-2,044 Mil. Overall, Freeport-McMoRan has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Tax Provision compare to SCCO and IE?
Freeport-McMoRan's Tax Provision of €-2,044 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 Tax Provision for a Metals & Mining company?
A good Tax Provision depends on the Metals & Mining industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Tax Provision is €-2,044 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 (XTER:FPMB) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.73, compared to a current price of €53.65 — trading 31.7% above its estimated fair value. The current Tax Provision is €-2,044 Mil. Freeport-McMoRan's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Freeport-McMoRan (XTER:FPMB), the current Tax Provision is €-2,044 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 (XTER:FPMB) Overvalued in 2026?

Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued. The current stock price of €53.65 is trading 31.7% above its estimated GF Value™ of €40.73. GuruFocus considers Freeport-McMoRan to be Significantly Overvalued.

Key valuation signals for XTER:FPMB:

  • Tax Provision: €-2,044 Mil
  • GF Value™: €40.73 vs. price of €53.65 (31.7% above fair value)
  • GF Score™: 90/100

No single metric tells the full story. See the XTER:FPMB 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.
90GF Score

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

€53.65
Price
€40.73
GF Value