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Side-by-side financial comparison of CELESTICA INC (CLS) 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 $4.0B, roughly 1.3× CELESTICA INC). Freeport-McMoRan runs the higher net margin — 10.7% vs 5.2%, a 5.5% gap on every dollar of revenue. On growth, CELESTICA INC posted the faster year-over-year revenue change (52.8% vs -10.4%). CELESTICA INC produced more free cash flow last quarter ($137.9M vs $-312.0M). Over the past eight quarters, CELESTICA INC's revenue compounded faster (35.4% CAGR vs -7.9%).
Celestica Inc. is a Canadian multinational design, manufacturing, hardware platform, and supply chain electronics manufacturing services (EMS) company, which is headquartered in Toronto, Ontario. The company operates in 50 sites across 15 countries.
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.
CLS vs FCX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.0B | $5.3B |
| Net Profit | $212.3M | $565.0M |
| Gross Margin | 10.8% | 12.4% |
| Operating Margin | 6723.5% | 15.4% |
| Net Margin | 5.2% | 10.7% |
| Revenue YoY | 52.8% | -10.4% |
| Net Profit YoY | 146.3% | -21.6% |
| EPS (diluted) | $1.83 | — |
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 | $4.0B | — | ||
| Q4 25 | $3.7B | $5.3B | ||
| Q3 25 | $3.2B | $6.8B | ||
| Q2 25 | $2.9B | $7.5B | ||
| Q1 25 | $2.6B | $5.6B | ||
| Q4 24 | — | $5.9B | ||
| Q3 24 | $2.5B | $6.7B | ||
| Q2 24 | $2.4B | $6.4B |
| Q1 26 | $212.3M | — | ||
| Q4 25 | $267.5M | $565.0M | ||
| Q3 25 | $267.8M | $1.2B | ||
| Q2 25 | $211.0M | $1.5B | ||
| Q1 25 | $86.2M | $793.0M | ||
| Q4 24 | — | $721.0M | ||
| Q3 24 | $89.5M | $1.2B | ||
| Q2 24 | $95.0M | $1.3B |
| Q1 26 | 10.8% | — | ||
| Q4 25 | 11.8% | 12.4% | ||
| Q3 25 | 13.0% | 29.2% | ||
| Q2 25 | 12.8% | 34.2% | ||
| Q1 25 | 10.3% | 24.3% | ||
| Q4 24 | — | 27.0% | ||
| Q3 24 | 10.4% | 30.0% | ||
| Q2 24 | 10.6% | 31.5% |
| Q1 26 | 6723.5% | — | ||
| Q4 25 | 8.6% | 15.4% | ||
| Q3 25 | 10.2% | 28.9% | ||
| Q2 25 | 9.4% | 32.3% | ||
| Q1 25 | 4.9% | 23.4% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | 5.5% | 29.0% | ||
| Q2 24 | 5.6% | 32.0% |
| Q1 26 | 5.2% | — | ||
| Q4 25 | 7.3% | 10.7% | ||
| Q3 25 | 8.4% | 18.3% | ||
| Q2 25 | 7.3% | 20.6% | ||
| Q1 25 | 3.3% | 14.2% | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | 3.6% | 18.5% | ||
| Q2 24 | 4.0% | 20.0% |
| Q1 26 | $1.83 | — | ||
| Q4 25 | $2.29 | — | ||
| Q3 25 | $2.31 | $0.46 | ||
| Q2 25 | $1.82 | $0.53 | ||
| Q1 25 | $0.74 | $0.24 | ||
| Q4 24 | — | — | ||
| Q3 24 | $0.75 | $0.36 | ||
| Q2 24 | $0.80 | $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 | $378.0M | $3.8B |
| Total DebtLower is stronger | — | $9.4B |
| Stockholders' EquityBook value | $2.1B | $18.9B |
| Total Assets | $8260.0B | $58.2B |
| Debt / EquityLower = less leverage | — | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $378.0M | — | ||
| Q4 25 | $595.6M | $3.8B | ||
| Q3 25 | $305.9M | $4.3B | ||
| Q2 25 | $313.8M | $4.5B | ||
| Q1 25 | $303.0M | $4.4B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | — | $5.3B |
| Q1 26 | — | — | ||
| Q4 25 | $750.5M | $9.4B | ||
| Q3 25 | $756.7M | — | ||
| Q2 25 | $848.6M | — | ||
| Q1 25 | $915.0M | $9.4B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $9.7B | ||
| Q2 24 | — | $9.4B |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $18.9B | ||
| Q3 25 | $2.0B | $18.7B | ||
| Q2 25 | $1.8B | $18.2B | ||
| Q1 25 | $1.6B | $17.7B | ||
| Q4 24 | — | $17.6B | ||
| Q3 24 | $1.8B | $17.5B | ||
| Q2 24 | $1.8B | $17.4B |
| Q1 26 | $8260.0B | — | ||
| Q4 25 | $7.2B | $58.2B | ||
| Q3 25 | $6.6B | $56.8B | ||
| Q2 25 | $6.2B | $56.5B | ||
| Q1 25 | $5.8B | $56.0B | ||
| Q4 24 | — | $54.8B | ||
| Q3 24 | — | $55.4B | ||
| Q2 24 | — | $54.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.34× | 0.50× | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.59× | 0.53× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 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 | $356.3M | $693.0M |
| Free Cash FlowOCF − Capex | $137.9M | $-312.0M |
| FCF MarginFCF / Revenue | 3.4% | -5.9% |
| Capex IntensityCapex / Revenue | — | 19.1% |
| Cash ConversionOCF / Net Profit | 1.68× | 1.23× |
| TTM Free Cash FlowTrailing 4 quarters | $502.6M | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $356.3M | — | ||
| Q4 25 | $250.6M | $693.0M | ||
| Q3 25 | $126.2M | $1.7B | ||
| Q2 25 | $152.4M | $2.2B | ||
| Q1 25 | $130.3M | $1.1B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $122.8M | $1.9B | ||
| Q2 24 | $99.6M | $2.0B |
| Q1 26 | $137.9M | — | ||
| Q4 25 | $155.9M | $-312.0M | ||
| Q3 25 | $88.9M | $608.0M | ||
| Q2 25 | $119.9M | $934.0M | ||
| Q1 25 | $93.6M | $-114.0M | ||
| Q4 24 | — | $197.0M | ||
| Q3 24 | $76.8M | $673.0M | ||
| Q2 24 | $62.7M | $840.0M |
| Q1 26 | 3.4% | — | ||
| Q4 25 | 4.3% | -5.9% | ||
| Q3 25 | 2.8% | 8.9% | ||
| Q2 25 | 4.1% | 12.4% | ||
| Q1 25 | 3.5% | -2.0% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | 3.1% | 10.1% | ||
| Q2 24 | 2.6% | 13.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 19.1% | ||
| Q3 25 | 1.2% | 15.5% | ||
| Q2 25 | 1.1% | 16.8% | ||
| Q1 25 | 1.4% | 21.0% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | 1.8% | 17.9% | ||
| Q2 24 | 1.5% | 17.4% |
| Q1 26 | 1.68× | — | ||
| Q4 25 | 0.94× | 1.23× | ||
| Q3 25 | 0.47× | 1.33× | ||
| Q2 25 | 0.72× | 1.42× | ||
| Q1 25 | 1.51× | 1.33× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | 1.37× | 1.51× | ||
| Q2 24 | 1.05× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLS
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% |
