Freeport-McMoran Copper & Gold Inc (FCX)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 6,513,000 | 7,167,000 | 7,179,000 | 6,824,000 | 7,226,000 | 7,741,000 | 7,274,000 | 6,595,000 | 6,521,000 | 6,369,000 | 5,808,000 | 6,124,000 | 7,275,000 | 7,746,000 | 9,237,000 | 9,554,000 | 8,253,000 | 7,814,000 | 6,159,000 | 4,419,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 18,899,000 | 18,685,000 | 18,208,000 | 17,688,000 | 17,581,000 | 17,548,000 | 17,404,000 | 16,973,000 | 16,693,000 | 16,459,000 | 16,202,000 | 16,057,000 | 15,555,000 | 14,954,000 | 14,889,000 | 14,866,000 | 13,980,000 | 13,353,000 | 12,011,000 | 10,920,000 |
| Return on total capital | 34.46% | 38.36% | 39.43% | 38.58% | 41.10% | 44.11% | 41.79% | 38.86% | 39.06% | 38.70% | 35.85% | 38.14% | 46.77% | 51.80% | 62.04% | 64.27% | 59.03% | 58.52% | 51.28% | 40.47% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $6,513,000K ÷ ($—K + $18,899,000K)
= 34.46%