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Side-by-side financial comparison of Freeport-McMoRan (FCX) and PayPal (PYPL). Click either name above to swap in a different company.
PayPal is the larger business by last-quarter revenue ($8.7B vs $5.3B, roughly 1.6× Freeport-McMoRan). PayPal runs the higher net margin — 16.6% vs 10.7%, a 5.8% gap on every dollar of revenue. On growth, PayPal posted the faster year-over-year revenue change (3.7% vs -10.4%). PayPal produced more free cash flow last quarter ($2.2B vs $-312.0M). Over the past eight quarters, PayPal's revenue compounded faster (6.2% CAGR vs -7.9%).
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.
PayPalPYPLEarnings & Financial Report
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users.
FCX vs PYPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $5.3B | $8.7B |
| Net Profit | $565.0M | $1.4B |
| Gross Margin | 12.4% | — |
| Operating Margin | 15.4% | 17.4% |
| Net Margin | 10.7% | 16.6% |
| Revenue YoY | -10.4% | 3.7% |
| Net Profit YoY | -21.6% | 28.2% |
| EPS (diluted) | — | $1.53 |
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 | $5.3B | $8.7B | ||
| Q3 25 | $6.8B | $8.4B | ||
| Q2 25 | $7.5B | $8.3B | ||
| Q1 25 | $5.6B | $7.8B | ||
| Q4 24 | $5.9B | $8.4B | ||
| Q3 24 | $6.7B | $7.8B | ||
| Q2 24 | $6.4B | $7.9B | ||
| Q1 24 | $6.2B | $7.7B |
| Q4 25 | $565.0M | $1.4B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $793.0M | $1.3B | ||
| Q4 24 | $721.0M | $1.1B | ||
| Q3 24 | $1.2B | $1.0B | ||
| Q2 24 | $1.3B | $1.1B | ||
| Q1 24 | $1.2B | $888.0M |
| 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 24 | 28.5% | — |
| Q4 25 | 15.4% | 17.4% | ||
| Q3 25 | 28.9% | 18.1% | ||
| Q2 25 | 32.3% | 18.1% | ||
| Q1 25 | 23.4% | 19.6% | ||
| Q4 24 | 21.1% | 17.2% | ||
| Q3 24 | 29.0% | 17.7% | ||
| Q2 24 | 32.0% | 16.8% | ||
| Q1 24 | 26.3% | 15.2% |
| Q4 25 | 10.7% | 16.6% | ||
| Q3 25 | 18.3% | 14.8% | ||
| Q2 25 | 20.6% | 15.2% | ||
| Q1 25 | 14.2% | 16.5% | ||
| Q4 24 | 12.3% | 13.4% | ||
| Q3 24 | 18.5% | 12.9% | ||
| Q2 24 | 20.0% | 14.3% | ||
| Q1 24 | 18.7% | 11.5% |
| Q4 25 | — | $1.53 | ||
| Q3 25 | $0.46 | $1.30 | ||
| Q2 25 | $0.53 | $1.29 | ||
| Q1 25 | $0.24 | $1.29 | ||
| Q4 24 | — | $1.09 | ||
| Q3 24 | $0.36 | $0.99 | ||
| Q2 24 | $0.42 | $1.08 | ||
| Q1 24 | $0.32 | $0.83 |
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 | $10.4B |
| Total DebtLower is stronger | $9.4B | — |
| Stockholders' EquityBook value | $18.9B | $20.3B |
| Total Assets | $58.2B | $80.2B |
| Debt / EquityLower = less leverage | 0.50× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.8B | $10.4B | ||
| Q3 25 | $4.3B | $10.8B | ||
| Q2 25 | $4.5B | $10.0B | ||
| Q1 25 | $4.4B | $11.2B | ||
| Q4 24 | $3.9B | $10.8B | ||
| Q3 24 | $5.0B | $11.9B | ||
| Q2 24 | $5.3B | $13.6B | ||
| Q1 24 | $5.2B | $14.3B |
| Q4 25 | $9.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $9.4B | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | $9.7B | — | ||
| Q2 24 | $9.4B | — | ||
| Q1 24 | $9.4B | — |
| Q4 25 | $18.9B | $20.3B | ||
| Q3 25 | $18.7B | $20.2B | ||
| Q2 25 | $18.2B | $20.2B | ||
| Q1 25 | $17.7B | $20.3B | ||
| Q4 24 | $17.6B | $20.4B | ||
| Q3 24 | $17.5B | $20.2B | ||
| Q2 24 | $17.4B | $20.6B | ||
| Q1 24 | $17.0B | $20.7B |
| Q4 25 | $58.2B | $80.2B | ||
| Q3 25 | $56.8B | $79.8B | ||
| Q2 25 | $56.5B | $79.8B | ||
| Q1 25 | $56.0B | $81.3B | ||
| Q4 24 | $54.8B | $81.6B | ||
| Q3 24 | $55.4B | $83.5B | ||
| Q2 24 | $54.6B | $84.0B | ||
| Q1 24 | $54.2B | $83.3B |
| Q4 25 | 0.50× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.55× | — | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | 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 | $693.0M | $2.4B |
| Free Cash FlowOCF − Capex | $-312.0M | $2.2B |
| FCF MarginFCF / Revenue | -5.9% | 25.2% |
| Capex IntensityCapex / Revenue | 19.1% | 2.2% |
| Cash ConversionOCF / Net Profit | 1.23× | 1.66× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $5.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $693.0M | $2.4B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $2.2B | $898.0M | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $2.0B | $1.5B | ||
| Q1 24 | $1.9B | $1.9B |
| Q4 25 | $-312.0M | $2.2B | ||
| Q3 25 | $608.0M | $1.7B | ||
| Q2 25 | $934.0M | $692.0M | ||
| Q1 25 | $-114.0M | $964.0M | ||
| Q4 24 | $197.0M | $2.2B | ||
| Q3 24 | $673.0M | $1.4B | ||
| Q2 24 | $840.0M | $1.4B | ||
| Q1 24 | $642.0M | $1.8B |
| Q4 25 | -5.9% | 25.2% | ||
| Q3 25 | 8.9% | 20.4% | ||
| Q2 25 | 12.4% | 8.3% | ||
| Q1 25 | -2.0% | 12.4% | ||
| Q4 24 | 3.4% | 26.2% | ||
| Q3 24 | 10.1% | 18.4% | ||
| Q2 24 | 13.1% | 17.3% | ||
| Q1 24 | 10.3% | 22.9% |
| Q4 25 | 19.1% | 2.2% | ||
| Q3 25 | 15.5% | 3.0% | ||
| Q2 25 | 16.8% | 2.5% | ||
| Q1 25 | 21.0% | 2.5% | ||
| Q4 24 | 21.1% | 2.4% | ||
| Q3 24 | 17.9% | 2.2% | ||
| Q2 24 | 17.4% | 2.0% | ||
| Q1 24 | 20.2% | 2.0% |
| Q4 25 | 1.23× | 1.66× | ||
| Q3 25 | 1.33× | 1.58× | ||
| Q2 25 | 1.42× | 0.71× | ||
| Q1 25 | 1.33× | 0.90× | ||
| Q4 24 | 1.99× | 2.14× | ||
| Q3 24 | 1.51× | 1.60× | ||
| Q2 24 | 1.53× | 1.35× | ||
| Q1 24 | 1.63× | 2.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |
PYPL
| US | $4.9B | 57% |
| Non Us | $3.7B | 43% |