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

Freeport-Mcmoran brought in $25.9B of revenue in fiscal 2025, Linde $34B in fiscal 2025. Revenue changed by +1.8% at Freeport-Mcmoran and +3.0% at Linde on the year before, so Linde grew faster. Freeport-Mcmoran kept 8.5% of its revenue as net profit, Linde 20.3%. Free cash flow was $1.1B at Freeport-Mcmoran and $5.1B at Linde.

Side by side, latest fiscal year

FCXLIN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$25.9B$34B
Revenue growth+1.8%+3.0%
Net income$2.2B$6.9B
Net margin8.5%20.3%
Free cash flow$1.1B$5.1B
Free cash flow margin4.3%15.0%
Earnings per share (diluted)n/a$14.61
Cash$3.8B$5.1B
Debt$9.4B$22.5B
Price to earningsn/a32.2
Market value$103.8B$216.6B
Dividend yield0.83%1.28%
Rank by revenue in sector#3 of 71 · Basic materials#2 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: $25.9BLIN FY2018: $14.8BLIN FY2019: $28.2BLIN FY2020: $27.2BLIN FY2021: $30.8BLIN FY2022: $33.4BLIN FY2023: $32.9BLIN FY2024: $33BLIN FY2025: $34BFY18FY19FY20FY21FY22FY23FY24FY25
FCX $25.9BLIN $34B
Net income
FCX FY2018: $2.6BFCX FY2019: -$239MFCX FY2020: $599MFCX FY2021: $4.3BFCX FY2022: $3.5BFCX FY2023: $1.8BFCX FY2023: $1.9BFCX FY2025: $2.2BLIN FY2018: $4.4BLIN FY2019: $2.3BLIN FY2020: $2.5BLIN FY2021: $3.8BLIN FY2022: $4.1BLIN FY2023: $6.2BLIN FY2024: $6.6BLIN FY2025: $6.9BFY18FY19FY20FY21FY22FY23FY24FY25
FCX $2.2BLIN $6.9B
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%LIN FY2018: 29.5%LIN FY2019: 8.1%LIN FY2020: 9.2%LIN FY2021: 12.4%LIN FY2022: 12.4%LIN FY2023: 18.9%LIN FY2024: 19.9%LIN FY2025: 20.3%FY18FY19FY20FY21FY22FY23FY24FY25
FCX 8.5%LIN 20.3%
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%LIN FY2019: +90.3%LIN FY2020: -3.5%LIN FY2021: +13.0%LIN FY2022: +8.3%LIN FY2023: -1.5%LIN FY2024: +0.5%LIN FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25
FCX +1.8%LIN +3.0%
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: $1.1BLIN FY2018: $1.8BLIN FY2019: $2.4BLIN FY2020: $4BLIN FY2021: $6.6BLIN FY2022: $5.7BLIN FY2023: $5.5BLIN FY2024: $4.9BLIN FY2025: $5.1BFY18FY19FY20FY21FY22FY23FY24FY25
FCX $1.1BLIN $5.1B

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

Questions about Freeport-Mcmoran and Linde

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

Linde is bigger by revenue: $34B in fiscal 2025, against $25.9B for Freeport-Mcmoran in fiscal 2025.

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

Freeport-Mcmoran had a net margin of 8.5% in fiscal 2025; Linde had 20.3% in fiscal 2025.

Which grew revenue faster, Freeport-Mcmoran or Linde?

In their latest fiscal years revenue changed by +1.8% at Freeport-Mcmoran and +3.0% at Linde.

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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