Freeport-McMoran Copper & Gold Inc (FCX)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 6,513,000 | 7,226,000 | 6,521,000 | 7,275,000 | 8,261,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 18,899,000 | 17,581,000 | 16,693,000 | 15,555,000 | 13,980,000 |
| Return on total capital | 34.46% | 41.10% | 39.06% | 46.77% | 59.09% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $6,513,000K ÷ ($—K + $18,899,000K)
= 34.46%