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Barrick Mining vs Freeport-Mcmoran: revenue, profit, margins and growth compared

Barrick Mining brought in $17B of revenue in fiscal 2025, Freeport-Mcmoran $25.9B in fiscal 2025. Revenue changed by +31.2% at Barrick Mining and +1.8% at Freeport-Mcmoran on the year before, so Barrick Mining grew faster. Barrick Mining kept 29.4% of its revenue as net profit, Freeport-Mcmoran 8.5%. Free cash flow was $3.9B at Barrick Mining and $1.1B at Freeport-Mcmoran.

Side by side, latest fiscal year

BFCX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$17B$25.9B
Revenue growth+31.2%+1.8%
Net income$5B$2.2B
Net margin29.4%8.5%
Free cash flow$3.9B$1.1B
Free cash flow margin22.8%4.3%
Earnings per share (diluted)$2.93n/a
Cash$6.7B$3.8B
Debtn/a$9.4B
Price to earningsn/an/a
Market value$70.6B$103.8B
Dividend yieldn/a0.83%
Rank by revenue in sector#5 of 71 · Basic materials#3 of 71 · Basic materials

Over the years

Revenue
B FY2018: $7.2BB FY2019: $9.7BB FY2020: $12.6BB FY2021: $12BB FY2022: $11BB FY2023: $11.4BB FY2024: $12.9BB FY2025: $17BFCX FY2018: $18.9BFCX FY2019: $14.4BFCX FY2020: $14.2BFCX FY2021: $22.8BFCX FY2022: $23.3BFCX FY2023: $22.9BFCX FY2023: $25.5BFCX FY2025: $25.9BFY18FY19FY20FY21FY22FY23FY24FY25
B $17BFCX $25.9B
Net income
B FY2018: -$1.5BB FY2019: $4BB FY2020: $2.3BB FY2021: $2BB FY2022: $432MB FY2023: $1.3BB FY2024: $2.1BB FY2025: $5BFCX FY2018: $2.6BFCX FY2019: -$239MFCX FY2020: $599MFCX FY2021: $4.3BFCX FY2022: $3.5BFCX FY2023: $1.8BFCX FY2023: $1.9BFCX FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
B $5BFCX $2.2B
Net margin
B FY2018: -21.3%B FY2019: 40.8%B FY2020: 18.5%B FY2021: 16.9%B FY2022: 3.9%B FY2023: 11.2%B FY2024: 16.6%B FY2025: 29.4%FCX FY2018: 13.7%FCX FY2019: -1.7%FCX FY2020: 4.2%FCX FY2021: 18.8%FCX FY2022: 14.9%FCX FY2023: 8.1%FCX FY2023: 7.4%FCX FY2025: 8.5%FY18FY19FY20FY21FY22FY23FY24FY25
B 29.4%FCX 8.5%
Revenue growth
B FY2019: +34.2%B FY2020: +29.6%B FY2021: -4.8%B FY2022: -8.1%B FY2023: +3.5%B FY2024: +13.4%B FY2025: +31.2%FCX FY2019: -24.0%FCX FY2020: -1.4%FCX FY2021: +60.9%FCX FY2022: +1.9%FCX FY2023: -1.8%FCX FY2023: +11.4%FCX FY2025: +1.8%FY19FY20FY21FY22FY23FY24FY25
B +31.2%FCX +1.8%
Free cash flow
B FY2018: $365MB FY2019: $1.1BB FY2020: $3.4BB FY2021: $1.9BB FY2022: $432MB FY2023: $646MB FY2024: $1.3BB FY2025: $3.9BFCX FY2018: $1.9BFCX FY2019: -$1.2BFCX FY2020: $1.1BFCX FY2021: $5.6BFCX FY2022: $1.7BFCX FY2023: $455MFCX FY2023: $2.4BFCX FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
B $3.9BFCX $1.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Barrick Mining and Freeport-Mcmoran

Which is bigger by revenue, Barrick Mining or Freeport-Mcmoran?

Freeport-Mcmoran is bigger by revenue: $25.9B in fiscal 2025, against $17B for Barrick Mining in fiscal 2025.

Which keeps more of its revenue as profit, Barrick Mining or Freeport-Mcmoran?

Barrick Mining had a net margin of 29.4% in fiscal 2025; Freeport-Mcmoran had 8.5% in fiscal 2025.

Which grew revenue faster, Barrick Mining or Freeport-Mcmoran?

In their latest fiscal years revenue changed by +31.2% at Barrick Mining and +1.8% at Freeport-Mcmoran.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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