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Side-by-side financial comparison of AECOM (ACM) and Freeport-McMoRan (FCX). Click either name above to swap in a different company.
Freeport-McMoRan is the larger business by last-quarter revenue ($5.3B vs $3.8B, roughly 1.4× AECOM). Freeport-McMoRan runs the higher net margin — 10.7% vs 1.9%, a 8.8% gap on every dollar of revenue. On growth, AECOM posted the faster year-over-year revenue change (1.6% vs -10.4%). AECOM produced more free cash flow last quarter ($41.9M vs $-312.0M). Over the past eight quarters, AECOM's revenue compounded faster (-1.4% CAGR vs -7.9%).
AECOM is an American multinational infrastructure consulting firm headquartered in Dallas, Texas.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
ACM vs FCX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $3.8B | $5.3B |
| Net Profit | $74.5M | $565.0M |
| Gross Margin | 7.3% | 12.4% |
| Operating Margin | 5.8% | 15.4% |
| Net Margin | 1.9% | 10.7% |
| Revenue YoY | 1.6% | -10.4% |
| Net Profit YoY | -48.0% | -21.6% |
| EPS (diluted) | $0.56 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.8B | — | ||
| Q4 25 | — | $5.3B | ||
| Q3 25 | $4.2B | $6.8B | ||
| Q2 25 | $4.2B | $7.5B | ||
| Q1 25 | $3.8B | $5.6B | ||
| Q4 24 | $4.0B | $5.9B | ||
| Q3 24 | $4.1B | $6.7B | ||
| Q2 24 | $4.2B | $6.4B |
| Q1 26 | $74.5M | — | ||
| Q4 25 | — | $565.0M | ||
| Q3 25 | $120.4M | $1.2B | ||
| Q2 25 | $131.0M | $1.5B | ||
| Q1 25 | $143.4M | $793.0M | ||
| Q4 24 | $167.0M | $721.0M | ||
| Q3 24 | $172.5M | $1.2B | ||
| Q2 24 | $134.3M | $1.3B |
| Q1 26 | 7.3% | — | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | 7.9% | 29.2% | ||
| Q2 25 | 7.8% | 34.2% | ||
| Q1 25 | 7.7% | 24.3% | ||
| Q4 24 | 6.7% | 27.0% | ||
| Q3 24 | 7.2% | 30.0% | ||
| Q2 24 | 6.9% | 31.5% |
| Q1 26 | 5.8% | — | ||
| Q4 25 | — | 15.4% | ||
| Q3 25 | 5.7% | 28.9% | ||
| Q2 25 | 7.0% | 32.3% | ||
| Q1 25 | 6.8% | 23.4% | ||
| Q4 24 | 5.9% | 21.1% | ||
| Q3 24 | 5.8% | 29.0% | ||
| Q2 24 | 5.5% | 32.0% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 10.7% | ||
| Q3 25 | 2.9% | 18.3% | ||
| Q2 25 | 3.1% | 20.6% | ||
| Q1 25 | 3.8% | 14.2% | ||
| Q4 24 | 4.2% | 12.3% | ||
| Q3 24 | 4.2% | 18.5% | ||
| Q2 24 | 3.2% | 20.0% |
| Q1 26 | $0.56 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $0.90 | $0.46 | ||
| Q2 25 | $0.98 | $0.53 | ||
| Q1 25 | $1.08 | $0.24 | ||
| Q4 24 | $1.25 | — | ||
| Q3 24 | $1.27 | $0.36 | ||
| Q2 24 | $0.98 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $3.8B |
| Total DebtLower is stronger | $2.6B | $9.4B |
| Stockholders' EquityBook value | $2.2B | $18.9B |
| Total Assets | $11.9B | $58.2B |
| Debt / EquityLower = less leverage | 1.18× | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | $1.6B | $4.3B | ||
| Q2 25 | $1.8B | $4.5B | ||
| Q1 25 | $1.6B | $4.4B | ||
| Q4 24 | $1.6B | $3.9B | ||
| Q3 24 | $1.6B | $5.0B | ||
| Q2 24 | $1.6B | $5.3B |
| Q1 26 | $2.6B | — | ||
| Q4 25 | — | $9.4B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.5B | $9.4B | ||
| Q4 24 | $2.5B | $8.9B | ||
| Q3 24 | $2.5B | $9.7B | ||
| Q2 24 | $2.5B | $9.4B |
| Q1 26 | $2.2B | — | ||
| Q4 25 | — | $18.9B | ||
| Q3 25 | $2.5B | $18.7B | ||
| Q2 25 | $2.5B | $18.2B | ||
| Q1 25 | $2.3B | $17.7B | ||
| Q4 24 | $2.2B | $17.6B | ||
| Q3 24 | $2.2B | $17.5B | ||
| Q2 24 | $2.3B | $17.4B |
| Q1 26 | $11.9B | — | ||
| Q4 25 | — | $58.2B | ||
| Q3 25 | $12.2B | $56.8B | ||
| Q2 25 | $12.3B | $56.5B | ||
| Q1 25 | $11.8B | $56.0B | ||
| Q4 24 | $11.8B | $54.8B | ||
| Q3 24 | $12.1B | $55.4B | ||
| Q2 24 | $12.0B | $54.6B |
| Q1 26 | 1.18× | — | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | 1.07× | 0.53× | ||
| Q4 24 | 1.11× | 0.51× | ||
| Q3 24 | 1.12× | 0.55× | ||
| Q2 24 | 1.07× | 0.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $70.2M | $693.0M |
| Free Cash FlowOCF − Capex | $41.9M | $-312.0M |
| FCF MarginFCF / Revenue | 1.1% | -5.9% |
| Capex IntensityCapex / Revenue | 0.7% | 19.1% |
| Cash ConversionOCF / Net Profit | 0.94× | 1.23× |
| TTM Free Cash FlowTrailing 4 quarters | $616.0M | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $70.2M | — | ||
| Q4 25 | — | $693.0M | ||
| Q3 25 | $196.1M | $1.7B | ||
| Q2 25 | $283.7M | $2.2B | ||
| Q1 25 | $190.7M | $1.1B | ||
| Q4 24 | $151.1M | $1.4B | ||
| Q3 24 | $298.8M | $1.9B | ||
| Q2 24 | $291.3M | $2.0B |
| Q1 26 | $41.9M | — | ||
| Q4 25 | — | $-312.0M | ||
| Q3 25 | $134.1M | $608.0M | ||
| Q2 25 | $261.7M | $934.0M | ||
| Q1 25 | $178.3M | $-114.0M | ||
| Q4 24 | $110.9M | $197.0M | ||
| Q3 24 | $274.5M | $673.0M | ||
| Q2 24 | $272.8M | $840.0M |
| Q1 26 | 1.1% | — | ||
| Q4 25 | — | -5.9% | ||
| Q3 25 | 3.2% | 8.9% | ||
| Q2 25 | 6.3% | 12.4% | ||
| Q1 25 | 4.7% | -2.0% | ||
| Q4 24 | 2.8% | 3.4% | ||
| Q3 24 | 6.7% | 10.1% | ||
| Q2 24 | 6.6% | 13.1% |
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 19.1% | ||
| Q3 25 | 1.5% | 15.5% | ||
| Q2 25 | 0.5% | 16.8% | ||
| Q1 25 | 0.3% | 21.0% | ||
| Q4 24 | 1.0% | 21.1% | ||
| Q3 24 | 0.6% | 17.9% | ||
| Q2 24 | 0.4% | 17.4% |
| Q1 26 | 0.94× | — | ||
| Q4 25 | — | 1.23× | ||
| Q3 25 | 1.63× | 1.33× | ||
| Q2 25 | 2.17× | 1.42× | ||
| Q1 25 | 1.33× | 1.33× | ||
| Q4 24 | 0.90× | 1.99× | ||
| Q3 24 | 1.73× | 1.51× | ||
| Q2 24 | 2.17× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACM
Segment breakdown not available.
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |