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

Freeport-Mcmoran brought in $25.9B of revenue in fiscal 2025, Ferroglobe $1.3B in fiscal 2025. Revenue changed by +1.8% at Freeport-Mcmoran and -18.8% at Ferroglobe on the year before, so Freeport-Mcmoran grew faster. Freeport-Mcmoran kept 8.5% of its revenue as net profit, Ferroglobe -12.8%. Free cash flow was $1.1B at Freeport-Mcmoran and -$10.2M at Ferroglobe.

Side by side, latest fiscal year

FCXGSM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$25.9B$1.3B
Revenue growth+1.8%-18.8%
Net income$2.2B-$170.7M
Net margin8.5%-12.8%
Free cash flow$1.1B-$10.2M
Free cash flow margin4.3%-0.8%
Earnings per share (diluted)n/a-$0.91
Cash$3.8B$122.8M
Debt$9.4B$140M
Price to earningsn/an/a
Market value$103.8B$760.5M
Dividend yield0.83%n/a
Rank by revenue in sector#3 of 71 · Basic materials#34 of 71 · Basic materials

Over the years

Revenue
FCX FY2018: $18.9BFCX FY2019: $14.4BFCX FY2020: $14.2BFCX FY2021: $22.8BFCX FY2022: $23.3BFCX FY2023: $22.9BFCX FY2023: $25.5BFCX FY2025: $25.9BGSM FY2018: $2.2BGSM FY2019: $1.6BGSM FY2020: $1.1BGSM FY2021: $1.8BGSM FY2022: $2.6BGSM FY2023: $1.7BGSM FY2024: $1.6BGSM FY2025: $1.3BFY18FY19FY20FY21FY22FY23FY24FY25
FCX $25.9BGSM $1.3B
Net income
FCX FY2018: $2.6BFCX FY2019: -$239MFCX FY2020: $599MFCX FY2021: $4.3BFCX FY2022: $3.5BFCX FY2023: $1.8BFCX FY2023: $1.9BFCX FY2025: $2.2BGSM FY2018: $43.7MGSM FY2019: -$280.6MGSM FY2020: -$246.3MGSM FY2021: -$110.6MGSM FY2022: $440.3MGSM FY2023: $82.7MGSM FY2024: $23.5MGSM FY2025: -$170.7MFY18FY19FY20FY21FY22FY23FY24FY25
FCX $2.2BGSM -$170.7M
Net margin
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%GSM FY2018: 1.9%GSM FY2019: -17.4%GSM FY2020: -21.5%GSM FY2021: -6.2%GSM FY2022: 16.9%GSM FY2023: 5.0%GSM FY2024: 1.4%GSM FY2025: -12.8%FY18FY19FY20FY21FY22FY23FY24FY25
FCX 8.5%GSM -12.8%
Revenue growth
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%GSM FY2019: -28.0%GSM FY2020: -29.1%GSM FY2021: +55.4%GSM FY2022: +46.0%GSM FY2023: -36.5%GSM FY2024: -0.4%GSM FY2025: -18.8%FY19FY20FY21FY22FY23FY24FY25
FCX +1.8%GSM -18.8%
Free cash flow
FCX FY2018: $1.9BFCX FY2019: -$1.2BFCX FY2020: $1.1BFCX FY2021: $5.6BFCX FY2022: $1.7BFCX FY2023: $455MFCX FY2023: $2.4BFCX FY2025: $1.1BGSM FY2018: $10.7MGSM FY2019: -$63.6MGSM FY2020: $124MGSM FY2021: -$28.9MGSM FY2022: $352.9MGSM FY2023: $94.7MGSM FY2024: $167.1MGSM FY2025: -$10.2MFY18FY19FY20FY21FY22FY23FY24FY25
FCX $1.1BGSM -$10.2M

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

Questions about Freeport-Mcmoran and Ferroglobe

Which is bigger by revenue, Freeport-Mcmoran or Ferroglobe?

Freeport-Mcmoran is bigger by revenue: $25.9B in fiscal 2025, against $1.3B for Ferroglobe in fiscal 2025.

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

Freeport-Mcmoran had a net margin of 8.5% in fiscal 2025; Ferroglobe had -12.8% in fiscal 2025.

Which grew revenue faster, Freeport-Mcmoran or Ferroglobe?

In their latest fiscal years revenue changed by +1.8% at Freeport-Mcmoran and -18.8% at Ferroglobe.

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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