Freeport-McMoran return on equity (ROE)What is return on equity (ROE)? Return on equity (ROE) is a year of net income divided by shareholders' equity: the profit a company makes on each dollar its owners have in it.
Freeport-McMoran's return on equity is 26.71%: net income of 5.60B USD over the last twelve months on shareholders' equity of 20.98B USD.
- Today
- 26.71%
- Average, 5 years
- 25.90%
- Low, 5 years
- 18.76%
- High, 5 years
- 42.49%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 5.60B ÷ 20.98B = 26.71%
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
What drives Freeport-McMoran's return on equity?What is DuPont analysis? DuPont analysis splits return on equity into three parts: profit margin, asset turnover and the equity multiplier. It shows whether a high ROE comes from profits, from using assets well, or from debt.
- FY20258.6% × 0.44 × 3.08 = 11.7%
- FY20247.4% × 0.46 × 3.12 = 10.7%
- FY20238.1% × 0.43 × 3.15 = 11.0%
- FY202214.8% × 0.46 × 3.28 = 22.3%
- FY202119.2% × 0.47 × 3.44 = 30.8%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 26.71% | 5.60B | 20.98B | |
| FY2025 | 31 Dec 2025 | 11.66% | 2.20B | 18.90B |
| FY2024 | 31 Dec 2024 | 25.02% | 4.40B | 17.58B |
| FY2023 | 31 Dec 2023 | 11.07% | 1.85B | 16.69B |
| FY2022 | 31 Dec 2022 | 28.79% | 4.48B | 15.56B |
| FY2021 | 31 Dec 2021 | 38.38% | 5.37B | 13.98B |
| FY2020 | 31 Dec 2020 | 8.50% | 865.00M | 10.17B |
| FY2019 | 31 Dec 2019 | -2.06% | -192.00M | 9.30B |
| FY2018 | 31 Dec 2018 | 26.30% | 2.53B | 9.60B |
| FY2017 | 31 Dec 2017 | 25.55% | 2.04B | 7.98B |
| FY2016 | 31 Dec 2016 | -63.25% | -3.83B | 6.05B |
| FY2015 | 31 Dec 2015 | -154.43% | -12.09B | 7.83B |
| FY2014 | 31 Dec 2014 | -4.07% | -745.00M | 18.29B |
| FY2013 | 31 Dec 2013 | 16.44% | 3.44B | 20.93B |
| FY2012 | 31 Dec 2012 | 22.69% | 3.98B | 17.54B |
| FY2011 | 31 Dec 2011 | 36.74% | 5.75B | 15.64B |
| FY2010 | 31 Dec 2010 | 44.34% | 5.54B | 12.50B |
| FY2009 | 31 Dec 2009 | 38.69% | 3.53B | 9.13B |
| FY2008 | 31 Dec 2008 | -191.14% | -11.07B | 5.79B |
| FY2007 | 31 Dec 2007 | 16.33% | 2.98B | 18.23B |
| FY2006 | 31 Dec 2006 | 59.57% | 1.46B | 2.45B |
| FY2005 | 31 Dec 2005 | 54.00% | 995.13M | 1.84B |
| FY2004 | 31 Dec 2004 | 17.38% | 202.27M | 1.16B |
| FY2003 | 31 Dec 2003 | 23.41% | 181.66M | 775.98M |
| FY2002 | 31 Dec 2002 | 61.71% | 164.65M | 266.83M |
| FY2001 | 31 Dec 2001 | 108.22% | 113.03M | 104.44M |
| FY2000 | 31 Dec 2000 | 15.01% | 76.99M | 512.94M |
| FY1999 | 31 Dec 1999 | 19.94% | 136.50M | 684.40M |
| FY1998 | 31 Dec 1998 | 25.49% | 153.80M | 603.40M |
| FY1997 | 31 Dec 1997 | 31.47% | 245.10M | 778.90M |
| FY1996 | 31 Dec 1996 | 19.24% | 226.20M | 1.18B |
| FY1995 | 31 Dec 1995 | 18.35% | 253.60M | 1.38B |
| FY1994 | 31 Dec 1994 | 8.71% | 130.20M | 1.50B |
| FY1993 | 31 Dec 1993 | 5.14% | 60.70M | 1.18B |
| FY1992 | 31 Dec 1992 | 20.09% | 129.90M | 646.50M |
| FY1991 | 31 Dec 1991 | 59.13% | 102.00M | 172.50M |
| FY1990 | 31 Dec 1990 | 44.33% | 92.60M | 208.90M |
| FY1989 | 31 Dec 1989 | 68.68% | 98.70M | 143.70M |
| FY1988 | 31 Dec 1988 | 67.29% | 94.20M | 140.00M |
| FY1987 | 31 Dec 1987 | 44.74% | 43.40M | 97.00M |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 26.71% | 5.60B | 20.98B |
| Q2 FY2026 | 30 Jun 2026 | 22.83% | 4.59B | 20.11B |
| Q1 FY2026 | 31 Mar 2026 | 26.59% | 5.19B | 19.51B |
| Q4 FY2025 | 31 Dec 2025 | 21.97% | 4.15B | 18.90B |
| Q3 FY2025 | 30 Sept 2025 | 19.99% | 3.74B | 18.69B |
| Q2 FY2025 | 30 Jun 2025 | 23.60% | 4.30B | 18.21B |
| Q1 FY2025 | 31 Mar 2025 | 20.29% | 3.59B | 17.69B |
| Q4 FY2024 | 31 Dec 2024 | 25.02% | 4.40B | 17.58B |
| Q3 FY2024 | 30 Sept 2024 | 23.17% | 4.07B | 17.55B |
| Q2 FY2024 | 30 Jun 2024 | 21.79% | 3.79B | 17.40B |
| Q1 FY2024 | 31 Mar 2024 | 19.11% | 3.24B | 16.97B |
| Q4 FY2023 | 31 Dec 2023 | 18.76% | 3.13B | 16.69B |
| Q3 FY2023 | 30 Sept 2023 | 22.61% | 3.72B | 16.46B |
| Q2 FY2023 | 30 Jun 2023 | 20.47% | 3.32B | 16.20B |
| Q1 FY2023 | 31 Mar 2023 | 22.57% | 3.62B | 16.06B |
| Q4 FY2022 | 31 Dec 2022 | 28.79% | 4.48B | 15.56B |
| Q3 FY2022 | 30 Sept 2022 | 32.50% | 4.86B | 14.95B |
| Q2 FY2022 | 30 Jun 2022 | 40.45% | 6.02B | 14.89B |
| Q1 FY2022 | 31 Mar 2022 | 42.49% | 6.32B | 14.87B |
| Q4 FY2021 | 31 Dec 2021 | 38.38% | 5.37B | 13.98B |
| Q3 FY2021 | 30 Sept 2021 | 36.43% | 4.87B | 13.35B |
| Q2 FY2021 | 30 Jun 2021 | 29.76% | 3.57B | 12.01B |
| Q1 FY2021 | 31 Mar 2021 | 21.68% | 2.37B | 10.92B |
| Q4 FY2020 | 31 Dec 2020 | 8.50% | 865.00M | 10.17B |
| Q3 FY2020 | 30 Sept 2020 | -0.51% | -47.00M | 9.15B |
| Q2 FY2020 | 30 Jun 2020 | -6.90% | -618.00M | 8.95B |
| Q1 FY2020 | 31 Mar 2020 | -9.22% | -816.00M | 8.86B |
| Q4 FY2019 | 31 Dec 2019 | -2.06% | -192.00M | 9.30B |
| Q3 FY2019 | 30 Sept 2019 | -1.54% | -147.00M | 9.52B |
| Q2 FY2019 | 30 Jun 2019 | 6.80% | 660.00M | 9.71B |
| Q1 FY2019 | 31 Mar 2019 | 18.12% | 1.77B | 9.78B |
| Q4 FY2018 | 31 Dec 2018 | 26.30% | 2.53B | 9.60B |
| Q3 FY2018 | 30 Sept 2018 | 37.37% | 3.73B | 9.98B |
| Q2 FY2018 | 30 Jun 2018 | 34.85% | 3.30B | 9.47B |
| Q1 FY2018 | 31 Mar 2018 | 29.94% | 2.59B | 8.66B |
| Q4 FY2017 | 31 Dec 2017 | 25.55% | 2.04B | 7.98B |
| Q3 FY2017 | 30 Sept 2017 | 15.22% | 1.06B | 6.97B |
| Q2 FY2017 | 30 Jun 2017 | 16.63% | 1.11B | 6.67B |
| Q1 FY2017 | 31 Mar 2017 | 8.67% | 548.00M | 6.32B |
| Q4 FY2016 | 31 Dec 2016 | -63.25% | -3.83B | 6.05B |
| Q3 FY2016 | 30 Sept 2016 | -171.96% | -8.14B | 4.73B |
| Q2 FY2016 | 30 Jun 2016 | -305.22% | -12.22B | 4.00B |
| Q1 FY2016 | 31 Mar 2016 | -373.35% | -13.78B | 3.69B |
| Q4 FY2015 | 31 Dec 2015 | -154.43% | -12.09B | 7.83B |
| Q3 FY2015 | 30 Sept 2015 | -98.03% | -10.73B | 10.95B |
| Q2 FY2015 | 30 Jun 2015 | -45.17% | -6.24B | 13.81B |
| Q1 FY2015 | 31 Mar 2015 | -23.92% | -3.78B | 15.79B |
| Q4 FY2014 | 31 Dec 2014 | -4.07% | -745.00M | 18.29B |
| Q3 FY2014 | 30 Sept 2014 | 13.66% | 2.95B | 21.59B |
| Q2 FY2014 | 30 Jun 2014 | 15.44% | 3.29B | 21.33B |
| Q1 FY2014 | 31 Mar 2014 | 15.33% | 3.24B | 21.15B |
| Q4 FY2013 | 31 Dec 2013 | 16.44% | 3.44B | 20.93B |
| Q3 FY2013 | 30 Sept 2013 | 16.79% | 3.43B | 20.41B |
| Q2 FY2013 | 30 Jun 2013 | 17.70% | 3.52B | 19.88B |
| Q1 FY2013 | 31 Mar 2013 | 21.20% | 3.80B | 17.94B |
| Q4 FY2012 | 31 Dec 2012 | 22.69% | 3.98B | 17.54B |
| Q3 FY2012 | 30 Sept 2012 | 22.76% | 3.90B | 17.14B |
| Q2 FY2012 | 30 Jun 2012 | 24.46% | 4.06B | 16.58B |
| Q1 FY2012 | 31 Mar 2012 | 30.29% | 4.89B | 16.14B |
| Q4 FY2011 | 31 Dec 2011 | 36.74% | 5.75B | 15.64B |
| Q3 FY2011 | 30 Sept 2011 | 44.57% | 6.85B | 15.36B |
| Q2 FY2011 | 30 Jun 2011 | 48.83% | 7.08B | 14.51B |
| Q1 FY2011 | 31 Mar 2011 | 44.85% | 6.19B | 13.80B |
| Q4 FY2010 | 31 Dec 2010 | 44.34% | 5.54B | 12.50B |
| Q3 FY2010 | 30 Sept 2010 | 42.19% | 4.89B | 11.60B |
| Q2 FY2010 | 30 Jun 2010 | 43.32% | 4.56B | 10.53B |
| Q1 FY2010 | 31 Mar 2010 | 45.46% | 4.54B | 9.99B |
| Q4 FY2009 | 31 Dec 2009 | 38.75% | 3.53B | 9.12B |
| Q3 FY2009 | 30 Sept 2009 | -141.65% | -11.63B | 8.21B |
| Q2 FY2009 | 30 Jun 2009 | -168.44% | -12.24B | 7.27B |
| Q1 FY2009 | 31 Mar 2009 | -149.05% | -12.05B | 8.08B |
| Q4 FY2008 | 31 Dec 2008 | -191.70% | -11.07B | 5.77B |
| Q3 FY2008 | 30 Sept 2008 | 16.28% | 3.26B | 20.03B |
| Q2 FY2008 | 30 Jun 2008 | 17.41% | 3.51B | 20.17B |
| Q1 FY2008 | 31 Mar 2008 | 19.01% | 3.67B | 19.31B |
| Q4 FY2007 | 31 Dec 2007 | 16.33% | 2.98B | 18.23B |
| Q3 FY2007 | 30 Sept 2007 | 16.41% | 2.94B | 17.91B |
| Q2 FY2007 | 30 Jun 2007 | 14.21% | 2.47B | 17.37B |
| Q1 FY2007 | 31 Mar 2007 | 10.32% | 1.68B | 16.30B |
| Q4 FY2006 | 31 Dec 2006 | 59.57% | 1.46B | 2.45B |
| Q3 FY2006 | 30 Sept 2006 | 62.42% | 1.49B | 2.39B |
| Q2 FY2006 | 30 Jun 2006 | 67.40% | 1.31B | 1.94B |
| Q1 FY2006 | 31 Mar 2006 | 59.95% | 1.12B | 1.86B |
| Q4 FY2005 | 31 Dec 2005 | 54.00% | 995.13M | 1.84B |
| Q3 FY2005 | 30 Sept 2005 | 51.41% | 744.45M | 1.45B |
| Q2 FY2005 | 30 Jun 2005 | 48.79% | 595.78M | 1.22B |
| Q1 FY2005 | 31 Mar 2005 | 31.37% | 367.17M | 1.17B |
| Q4 FY2004 | 31 Dec 2004 | 17.38% | 202.27M | 1.16B |
| Q3 FY2004 | 30 Sept 2004 | -2.22% | -22.97M | 1.04B |
| Q2 FY2004 | 30 Jun 2004 | -0.18% | -1.74M | 948.36M |
| Q1 FY2004 | 31 Mar 2004 | 9.13% | 103.45M | 1.13B |
| Q4 FY2003 | 31 Dec 2003 | 23.41% | 181.66M | 775.98M |
| Q3 FY2003 | 30 Sept 2003 | 32.50% | 252.86M | 777.97M |
| Q2 FY2003 | 30 Jun 2003 | 70.19% | 270.34M | 385.13M |
| Q1 FY2003 | 31 Mar 2003 | 68.08% | 218.43M | 320.86M |
| Q4 FY2002 | 31 Dec 2002 | 61.71% | 164.65M | 266.83M |
| Q3 FY2002 | 30 Sept 2002 | 49.18% | 98.13M | 199.55M |
| Q2 FY2002 | 30 Jun 2002 | 28.89% | 40.60M | 140.52M |
| Q1 FY2002 | 31 Mar 2002 | 60.83% | 70.98M | 116.69M |
| Q4 FY2001 | 31 Dec 2001 | 108.22% | 113.03M | 104.44M |
| Q3 FY2001 | 30 Sept 2001 | 30.31% | 173.23M | 571.54M |
| Q2 FY2001 | 30 Jun 2001 | 28.14% | 159.95M | 568.52M |
| Q1 FY2001 | 31 Mar 2001 | 19.65% | 105.36M | 536.19M |
| Q4 FY2000 | 31 Dec 2000 | 15.01% | 76.99M | 512.94M |
| Q3 FY2000 | 30 Sept 2000 | 11.57% | 56.61M | 489.15M |
| Q2 FY2000 | 30 Jun 2000 | 16.77% | 92.06M | 549.08M |
| Q1 FY2000 | 31 Mar 2000 | 20.25% | 128.83M | 636.25M |
| Q4 FY1999 | 31 Dec 1999 | 19.94% | 136.50M | 684.40M |
| Q3 FY1999 | 30 Sept 1999 | 21.70% | 140.40M | 646.90M |
| Q2 FY1999 | 30 Jun 1999 | 21.73% | 137.40M | 632.40M |
| Q1 FY1999 | 31 Mar 1999 | 23.57% | 144.60M | 613.40M |
| Q4 FY1998 | 31 Dec 1998 | 25.49% | 153.80M | 603.40M |
| Q3 FY1998 | 30 Sept 1998 | 26.00% | 151.60M | 583.10M |
| Q2 FY1998 | 30 Jun 1998 | 22.03% | 164.60M | 747.20M |
| Q1 FY1998 | 31 Mar 1998 | 27.97% | 208.90M | 746.90M |
| Q4 FY1997 | 31 Dec 1997 | 31.47% | 245.10M | 778.90M |
| Q3 FY1997 | 30 Sept 1997 | 29.53% | 284.30M | 962.90M |
| Q2 FY1997 | 30 Jun 1997 | 26.67% | 298.30M | 1.12B |
| Q1 FY1997 | 31 Mar 1997 | 22.94% | 261.90M | 1.14B |
| Q4 FY1996 | 31 Dec 1996 | 19.24% | 226.20M | 1.18B |
| Q3 FY1996 | 30 Sept 1996 | 18.02% | 206.30M | 1.14B |
| Q2 FY1996 | 30 Jun 1996 | 18.30% | 220.80M | 1.21B |
| Q1 FY1996 | 31 Mar 1996 | 19.00% | 232.30M | 1.22B |
| Q4 FY1995 | 31 Dec 1995 | 18.35% | 253.60M | 1.38B |
| Q3 FY1995 | 30 Sept 1995 | 16.68% | 240.90M | 1.44B |
| Q2 FY1995 | 30 Jun 1995 | 13.11% | 193.60M | 1.48B |
| Q1 FY1995 | 31 Mar 1995 | 10.71% | 161.70M | 1.51B |
| Q4 FY1994 | 31 Dec 1994 | 8.71% | 130.20M | 1.50B |
| Q3 FY1994 | 30 Sept 1994 | 8.45% | 125.50M | 1.49B |
| Q2 FY1994 | 30 Jun 1994 | 9.07% | 127.70M | 1.41B |
| Q1 FY1994 | 31 Mar 1994 | 5.50% | 78.50M | 1.43B |
| Q4 FY1993 | 31 Dec 1993 | 5.14% | 60.70M | 1.18B |
| Q3 FY1993 | 30 Sept 1993 | 3.97% | 46.60M | 1.17B |
| Q2 FY1993 | 30 Jun 1993 | 7.11% | 44.10M | 620.00M |
| Q1 FY1993 | 31 Mar 1993 | 19.00% | 120.70M | 635.30M |
| Q4 FY1992 | 31 Dec 1992 | 20.09% | 129.90M | 646.50M |
| Q3 FY1992 | 30 Sept 1992 | 22.79% | 139.30M | 611.20M |
| Q2 FY1992 | 30 Jun 1992 | 73.78% | 137.60M | 186.50M |
| Q1 FY1992 | 31 Mar 1992 | 59.82% | 97.20M | 162.50M |
| Q4 FY1991 | 31 Dec 1991 | 59.13% | 102.00M | 172.50M |
| Q3 FY1991 | 30 Sept 1991 | 40.09% | 77.10M | 192.30M |
| Q2 FY1991 | 30 Jun 1991 | 43.94% | 85.60M | 194.80M |
| Q1 FY1991 | 31 Mar 1991 | 46.59% | 99.10M | 212.70M |
| Q4 FY1990 | 31 Dec 1990 | 44.33% | 92.60M | 208.90M |
| Q3 FY1990 | 30 Sept 1990 | 54.61% | 95.90M | 175.60M |
| Q2 FY1990 | 30 Jun 1990 | 65.89% | 87.90M | 133.40M |
| Q1 FY1990 | 31 Mar 1990 | 67.80% | 89.50M | 132.00M |
| Q4 FY1989 | 31 Dec 1989 | 68.68% | 98.70M | 143.70M |
| Q3 FY1989 | 30 Sept 1989 | 82.32% | 117.30M | 142.50M |
| Q2 FY1989 | 30 Jun 1989 | 80.00% | 111.20M | 139.00M |
| Q1 FY1989 | 31 Mar 1989 | — | 100.60M | — |
| Q4 FY1988 | 31 Dec 1988 | 67.36% | 94.30M | 140.00M |
| Q3 FY1988 | 30 Sept 1988 | — | 76.00M | — |
| Q2 FY1988 | 30 Jun 1988 | — | 65.60M | — |
| Q1 FY1988 | 31 Mar 1988 | — | 59.20M | — |
| Q4 FY1987 | 31 Dec 1987 | 44.85% | 43.50M | 97.00M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about Freeport-McMoran's ROE
Source: Financial Modeling Prep
