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Side-by-side financial comparison of Cincinnati Financial (CINF) 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 $2.8B, roughly 1.9× Cincinnati Financial). Freeport-McMoRan runs the higher net margin — 10.7% vs 9.6%, a 1.2% gap on every dollar of revenue. On growth, Cincinnati Financial posted the faster year-over-year revenue change (-1.7% vs -10.4%). Over the past eight quarters, Cincinnati Financial's revenue compounded faster (5.2% CAGR vs -7.9%).
Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The company has 1.01% of the domestic property and casualty insurance premiums, which ranks it as the 20th largest insurance company by market share in the U.S.
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.
CINF vs FCX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8B | $5.3B |
| Net Profit | $274.0M | $565.0M |
| Gross Margin | — | 12.4% |
| Operating Margin | — | 15.4% |
| Net Margin | 9.6% | 10.7% |
| Revenue YoY | -1.7% | -10.4% |
| Net Profit YoY | — | -21.6% |
| EPS (diluted) | — | — |
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 | $2.8B | — | ||
| Q4 25 | $3.1B | $5.3B | ||
| Q3 25 | $3.7B | $6.8B | ||
| Q2 25 | $3.2B | $7.5B | ||
| Q1 25 | $2.6B | $5.6B | ||
| Q4 24 | $2.5B | $5.9B | ||
| Q3 24 | $3.3B | $6.7B | ||
| Q2 24 | $2.5B | $6.4B |
| Q1 26 | $274.0M | — | ||
| Q4 25 | $676.0M | $565.0M | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $685.0M | $1.5B | ||
| Q1 25 | $-90.0M | $793.0M | ||
| Q4 24 | $405.0M | $721.0M | ||
| Q3 24 | $820.0M | $1.2B | ||
| Q2 24 | $312.0M | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | 29.2% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 27.0% | ||
| Q3 24 | — | 30.0% | ||
| Q2 24 | — | 31.5% |
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | 15.4% | ||
| Q3 25 | 37.9% | 28.9% | ||
| Q2 25 | 26.3% | 32.3% | ||
| Q1 25 | -5.0% | 23.4% | ||
| Q4 24 | 18.9% | 21.1% | ||
| Q3 24 | 31.3% | 29.0% | ||
| Q2 24 | 15.2% | 32.0% |
| Q1 26 | 9.6% | — | ||
| Q4 25 | 21.9% | 10.7% | ||
| Q3 25 | 30.1% | 18.3% | ||
| Q2 25 | 21.1% | 20.6% | ||
| Q1 25 | -3.5% | 14.2% | ||
| Q4 24 | 16.0% | 12.3% | ||
| Q3 24 | 24.7% | 18.5% | ||
| Q2 24 | 12.3% | 20.0% |
| Q1 26 | — | — | ||
| Q4 25 | $4.29 | — | ||
| Q3 25 | $7.11 | $0.46 | ||
| Q2 25 | $4.34 | $0.53 | ||
| Q1 25 | $-0.57 | $0.24 | ||
| Q4 24 | $2.57 | — | ||
| Q3 24 | $5.20 | $0.36 | ||
| Q2 24 | $1.98 | $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 | $816.0M | $9.4B |
| Stockholders' EquityBook value | $15.7B | $18.9B |
| Total Assets | $41.2B | $58.2B |
| Debt / EquityLower = less leverage | 0.05× | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.2B | — | ||
| Q4 25 | $148.0M | $3.8B | ||
| Q3 25 | $1.6B | $4.3B | ||
| Q2 25 | $1.1B | $4.5B | ||
| Q1 25 | $1.1B | $4.4B | ||
| Q4 24 | $1.3B | $3.9B | ||
| Q3 24 | $1.8B | $5.0B | ||
| Q2 24 | $771.0M | $5.3B |
| Q1 26 | $816.0M | — | ||
| Q4 25 | $861.0M | $9.4B | ||
| Q3 25 | $858.0M | — | ||
| Q2 25 | $859.0M | — | ||
| Q1 25 | $853.0M | $9.4B | ||
| Q4 24 | $850.0M | $8.9B | ||
| Q3 24 | $849.0M | $9.7B | ||
| Q2 24 | $849.0M | $9.4B |
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.9B | $18.9B | ||
| Q3 25 | $15.4B | $18.7B | ||
| Q2 25 | $14.3B | $18.2B | ||
| Q1 25 | $13.7B | $17.7B | ||
| Q4 24 | $13.9B | $17.6B | ||
| Q3 24 | $13.8B | $17.5B | ||
| Q2 24 | $12.8B | $17.4B |
| Q1 26 | $41.2B | — | ||
| Q4 25 | $41.0B | $58.2B | ||
| Q3 25 | $40.6B | $56.8B | ||
| Q2 25 | $38.8B | $56.5B | ||
| Q1 25 | $37.3B | $56.0B | ||
| Q4 24 | $36.5B | $54.8B | ||
| Q3 24 | $37.0B | $55.4B | ||
| Q2 24 | $34.8B | $54.6B |
| Q1 26 | 0.05× | — | ||
| Q4 25 | 0.05× | 0.50× | ||
| Q3 25 | 0.06× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.06× | 0.53× | ||
| Q4 24 | 0.06× | 0.51× | ||
| Q3 24 | 0.06× | 0.55× | ||
| Q2 24 | 0.07× | 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 | — | $693.0M |
| Free Cash FlowOCF − Capex | — | $-312.0M |
| FCF MarginFCF / Revenue | — | -5.9% |
| Capex IntensityCapex / Revenue | — | 19.1% |
| Cash ConversionOCF / Net Profit | — | 1.23× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $947.0M | $693.0M | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $741.0M | $2.2B | ||
| Q1 25 | $310.0M | $1.1B | ||
| Q4 24 | $642.0M | $1.4B | ||
| Q3 24 | $912.0M | $1.9B | ||
| Q2 24 | $742.0M | $2.0B |
| Q1 26 | — | — | ||
| Q4 25 | $939.0M | $-312.0M | ||
| Q3 25 | $1.1B | $608.0M | ||
| Q2 25 | $737.0M | $934.0M | ||
| Q1 25 | $307.0M | $-114.0M | ||
| Q4 24 | $638.0M | $197.0M | ||
| Q3 24 | $906.0M | $673.0M | ||
| Q2 24 | $737.0M | $840.0M |
| Q1 26 | — | — | ||
| Q4 25 | 30.4% | -5.9% | ||
| Q3 25 | 29.8% | 8.9% | ||
| Q2 25 | 22.7% | 12.4% | ||
| Q1 25 | 12.0% | -2.0% | ||
| Q4 24 | 25.1% | 3.4% | ||
| Q3 24 | 27.3% | 10.1% | ||
| Q2 24 | 29.0% | 13.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 19.1% | ||
| Q3 25 | 0.1% | 15.5% | ||
| Q2 25 | 0.1% | 16.8% | ||
| Q1 25 | 0.1% | 21.0% | ||
| Q4 24 | 0.2% | 21.1% | ||
| Q3 24 | 0.2% | 17.9% | ||
| Q2 24 | 0.2% | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | 1.23× | ||
| Q3 25 | 0.99× | 1.33× | ||
| Q2 25 | 1.08× | 1.42× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | 1.59× | 1.99× | ||
| Q3 24 | 1.11× | 1.51× | ||
| Q2 24 | 2.38× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CINF
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% |
