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Side-by-side financial comparison of Emerson Electric (EMR) 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 $4.3B, roughly 1.2× Emerson Electric). Emerson Electric runs the higher net margin — 13.9% vs 10.7%, a 3.2% gap on every dollar of revenue. On growth, Emerson Electric posted the faster year-over-year revenue change (4.1% vs -10.4%). Emerson Electric produced more free cash flow last quarter ($602.0M vs $-312.0M). Over the past eight quarters, Emerson Electric's revenue compounded faster (-0.3% CAGR vs -7.9%).
Emerson ElectricEMREarnings & Financial Report
Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering for industrial, commercial, and consumer markets.
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.
EMR vs FCX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.3B | $5.3B |
| Net Profit | $605.0M | $565.0M |
| Gross Margin | 53.2% | 12.4% |
| Operating Margin | 17.8% | 15.4% |
| Net Margin | 13.9% | 10.7% |
| Revenue YoY | 4.1% | -10.4% |
| Net Profit YoY | 3.4% | -21.6% |
| EPS (diluted) | $1.07 | — |
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.
| Q4 25 | $4.3B | $5.3B | ||
| Q3 25 | $4.9B | $6.8B | ||
| Q2 25 | $4.6B | $7.5B | ||
| Q1 25 | $4.4B | $5.6B | ||
| Q4 24 | $4.2B | $5.9B | ||
| Q3 24 | $4.6B | $6.7B | ||
| Q2 24 | $4.4B | $6.4B | ||
| Q1 24 | $4.4B | $6.2B |
| Q4 25 | $605.0M | $565.0M | ||
| Q3 25 | $637.0M | $1.2B | ||
| Q2 25 | $586.0M | $1.5B | ||
| Q1 25 | $485.0M | $793.0M | ||
| Q4 24 | $585.0M | $721.0M | ||
| Q3 24 | $996.0M | $1.2B | ||
| Q2 24 | $329.0M | $1.3B | ||
| Q1 24 | $501.0M | $1.2B |
| Q4 25 | 53.2% | 12.4% | ||
| Q3 25 | 51.9% | 29.2% | ||
| Q2 25 | 52.6% | 34.2% | ||
| Q1 25 | 53.5% | 24.3% | ||
| Q4 24 | 53.5% | 27.0% | ||
| Q3 24 | 51.3% | 30.0% | ||
| Q2 24 | 52.8% | 31.5% | ||
| Q1 24 | 52.2% | 28.5% |
| Q4 25 | 17.8% | 15.4% | ||
| Q3 25 | 16.4% | 28.9% | ||
| Q2 25 | 16.1% | 32.3% | ||
| Q1 25 | 14.2% | 23.4% | ||
| Q4 24 | 18.6% | 21.1% | ||
| Q3 24 | 14.7% | 29.0% | ||
| Q2 24 | 10.4% | 32.0% | ||
| Q1 24 | 16.2% | 26.3% |
| Q4 25 | 13.9% | 10.7% | ||
| Q3 25 | 13.1% | 18.3% | ||
| Q2 25 | 12.9% | 20.6% | ||
| Q1 25 | 10.9% | 14.2% | ||
| Q4 24 | 14.0% | 12.3% | ||
| Q3 24 | 21.6% | 18.5% | ||
| Q2 24 | 7.5% | 20.0% | ||
| Q1 24 | 11.4% | 18.7% |
| Q4 25 | $1.07 | — | ||
| Q3 25 | $1.12 | $0.46 | ||
| Q2 25 | $1.04 | $0.53 | ||
| Q1 25 | $0.86 | $0.24 | ||
| Q4 24 | $1.02 | — | ||
| Q3 24 | $1.74 | $0.36 | ||
| Q2 24 | $0.57 | $0.42 | ||
| Q1 24 | $0.87 | $0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $3.8B |
| Total DebtLower is stronger | $7.6B | $9.4B |
| Stockholders' EquityBook value | $20.3B | $18.9B |
| Total Assets | $41.9B | $58.2B |
| Debt / EquityLower = less leverage | 0.37× | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | — | $5.3B | ||
| Q1 24 | — | $5.2B |
| Q4 25 | $7.6B | $9.4B | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | $8.3B | — | ||
| Q1 25 | $8.2B | $9.4B | ||
| Q4 24 | $6.6B | $8.9B | ||
| Q3 24 | $7.7B | $9.7B | ||
| Q2 24 | $7.1B | $9.4B | ||
| Q1 24 | $7.6B | $9.4B |
| Q4 25 | $20.3B | $18.9B | ||
| Q3 25 | $20.3B | $18.7B | ||
| Q2 25 | $19.9B | $18.2B | ||
| Q1 25 | $19.2B | $17.7B | ||
| Q4 24 | $20.5B | $17.6B | ||
| Q3 24 | $21.6B | $17.5B | ||
| Q2 24 | $20.8B | $17.4B | ||
| Q1 24 | $20.9B | $17.0B |
| Q4 25 | $41.9B | $58.2B | ||
| Q3 25 | $42.0B | $56.8B | ||
| Q2 25 | $42.5B | $56.5B | ||
| Q1 25 | $42.0B | $56.0B | ||
| Q4 24 | $42.6B | $54.8B | ||
| Q3 24 | $44.2B | $55.4B | ||
| Q2 24 | $45.6B | $54.6B | ||
| Q1 24 | $46.4B | $54.2B |
| Q4 25 | 0.37× | 0.50× | ||
| Q3 25 | 0.44× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.42× | 0.53× | ||
| Q4 24 | 0.32× | 0.51× | ||
| Q3 24 | 0.36× | 0.55× | ||
| Q2 24 | 0.34× | 0.54× | ||
| Q1 24 | 0.36× | 0.56× |
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 | $699.0M | $693.0M |
| Free Cash FlowOCF − Capex | $602.0M | $-312.0M |
| FCF MarginFCF / Revenue | 13.9% | -5.9% |
| Capex IntensityCapex / Revenue | 2.2% | 19.1% |
| Cash ConversionOCF / Net Profit | 1.16× | 1.23× |
| TTM Free Cash FlowTrailing 4 quarters | $4.4B | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $699.0M | $693.0M | ||
| Q3 25 | $3.1B | $1.7B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $241.0M | $1.1B | ||
| Q4 24 | $777.0M | $1.4B | ||
| Q3 24 | $3.3B | $1.9B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $743.0M | $1.9B |
| Q4 25 | $602.0M | $-312.0M | ||
| Q3 25 | $2.7B | $608.0M | ||
| Q2 25 | $977.0M | $934.0M | ||
| Q1 25 | $154.0M | $-114.0M | ||
| Q4 24 | $694.0M | $197.0M | ||
| Q3 24 | $2.9B | $673.0M | ||
| Q2 24 | $998.0M | $840.0M | ||
| Q1 24 | $661.0M | $642.0M |
| Q4 25 | 13.9% | -5.9% | ||
| Q3 25 | 54.9% | 8.9% | ||
| Q2 25 | 21.5% | 12.4% | ||
| Q1 25 | 3.5% | -2.0% | ||
| Q4 24 | 16.6% | 3.4% | ||
| Q3 24 | 63.1% | 10.1% | ||
| Q2 24 | 22.8% | 13.1% | ||
| Q1 24 | 15.1% | 10.3% |
| Q4 25 | 2.2% | 19.1% | ||
| Q3 25 | 8.9% | 15.5% | ||
| Q2 25 | 2.0% | 16.8% | ||
| Q1 25 | 2.0% | 21.0% | ||
| Q4 24 | 2.0% | 21.1% | ||
| Q3 24 | 9.1% | 17.9% | ||
| Q2 24 | 2.1% | 17.4% | ||
| Q1 24 | 1.9% | 20.2% |
| Q4 25 | 1.16× | 1.23× | ||
| Q3 25 | 4.86× | 1.33× | ||
| Q2 25 | 1.83× | 1.42× | ||
| Q1 25 | 0.50× | 1.33× | ||
| Q4 24 | 1.33× | 1.99× | ||
| Q3 24 | 3.35× | 1.51× | ||
| Q2 24 | 3.31× | 1.53× | ||
| Q1 24 | 1.48× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |
