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

Freeport-Mcmoran brought in $25.9B of revenue in fiscal 2025, Hudbay Minerals $2.2B in fiscal 2025. Revenue changed by +1.8% at Freeport-Mcmoran and +9.4% at Hudbay Minerals on the year before, so Hudbay Minerals grew faster. Freeport-Mcmoran kept 8.5% of its revenue as net profit, Hudbay Minerals 25.7%. Free cash flow was $1.1B at Freeport-Mcmoran and $240.6M at Hudbay Minerals.

Side by side, latest fiscal year

FCXHBM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$25.9B$2.2B
Revenue growth+1.8%+9.4%
Net income$2.2B$568.5M
Net margin8.5%25.7%
Free cash flow$1.1B$240.6M
Free cash flow margin4.3%10.9%
Earnings per share (diluted)n/a$1.44
Cash$3.8B$568.9M
Debt$9.4B$1B
Price to earningsn/an/a
Market value$103.8B$11.8B
Dividend yield0.83%n/a
Rank by revenue in sector#3 of 71 · Basic materials#21 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: $25.9BHBM FY2018: $1.5BHBM FY2019: $1.2BHBM FY2020: $1.1BHBM FY2021: $1.5BHBM FY2022: $1.5BHBM FY2023: $1.7BHBM FY2024: $2BHBM FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
FCX $25.9BHBM $2.2B
Net income
FCX FY2018: $2.6BFCX FY2019: -$239MFCX FY2020: $599MFCX FY2021: $4.3BFCX FY2022: $3.5BFCX FY2023: $1.8BFCX FY2023: $1.9BFCX FY2025: $2.2BHBM FY2018: $85.4MHBM FY2019: -$343.8MHBM FY2020: -$144.6MHBM FY2021: -$244.4MHBM FY2022: $70.4MHBM FY2023: $66.4MHBM FY2024: $76.7MHBM FY2025: $568.5MFY18FY19FY20FY21FY22FY23FY24FY25
FCX $2.2BHBM $568.5M
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%HBM FY2018: 5.8%HBM FY2019: -27.8%HBM FY2020: -13.2%HBM FY2021: -16.3%HBM FY2022: 4.8%HBM FY2023: 3.9%HBM FY2024: 3.8%HBM FY2025: 25.7%FY18FY19FY20FY21FY22FY23FY24FY25
FCX 8.5%HBM 25.7%
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%HBM FY2019: -16.0%HBM FY2020: -11.7%HBM FY2021: +37.5%HBM FY2022: -2.7%HBM FY2023: +15.6%HBM FY2024: +19.6%HBM FY2025: +9.4%FY19FY20FY21FY22FY23FY24FY25
FCX +1.8%HBM +9.4%
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: $1.1BHBM FY2018: $288.7MHBM FY2019: $51.7MHBM FY2020: -$121.7MHBM FY2021: $32.9MHBM FY2022: $178.8MHBM FY2023: $195.8MHBM FY2024: $319.1MHBM FY2025: $240.6MFY18FY19FY20FY21FY22FY23FY24FY25
FCX $1.1BHBM $240.6M

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

Questions about Freeport-Mcmoran and Hudbay Minerals

Which is bigger by revenue, Freeport-Mcmoran or Hudbay Minerals?

Freeport-Mcmoran is bigger by revenue: $25.9B in fiscal 2025, against $2.2B for Hudbay Minerals in fiscal 2025.

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

Freeport-Mcmoran had a net margin of 8.5% in fiscal 2025; Hudbay Minerals had 25.7% in fiscal 2025.

Which grew revenue faster, Freeport-Mcmoran or Hudbay Minerals?

In their latest fiscal years revenue changed by +1.8% at Freeport-Mcmoran and +9.4% at Hudbay Minerals.

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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