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Side-by-side financial comparison of Freeport-McMoRan (FCX) and TE Connectivity (TEL). Click either name above to swap in a different company.
Freeport-McMoRan is the larger business by last-quarter revenue ($5.3B vs $4.7B, roughly 1.1× TE Connectivity). TE Connectivity runs the higher net margin — 16.1% vs 10.7%, a 5.3% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (21.7% vs -10.4%). TE Connectivity produced more free cash flow last quarter ($607.0M vs $-312.0M). Over the past eight quarters, TE Connectivity's revenue compounded faster (8.5% 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.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
FCX vs TEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.3B | $4.7B |
| Net Profit | $565.0M | $750.0M |
| Gross Margin | 12.4% | 37.2% |
| Operating Margin | 15.4% | 20.6% |
| Net Margin | 10.7% | 16.1% |
| Revenue YoY | -10.4% | 21.7% |
| Net Profit YoY | -21.6% | 42.0% |
| EPS (diluted) | — | $2.53 |
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 | $4.7B | ||
| Q3 25 | $6.8B | $4.7B | ||
| Q2 25 | $7.5B | $4.5B | ||
| Q1 25 | $5.6B | $4.1B | ||
| Q4 24 | $5.9B | $3.8B | ||
| Q3 24 | $6.7B | $4.1B | ||
| Q2 24 | $6.4B | $4.0B | ||
| Q1 24 | $6.2B | $4.0B |
| Q4 25 | $565.0M | $750.0M | ||
| Q3 25 | $1.2B | $663.0M | ||
| Q2 25 | $1.5B | $638.0M | ||
| Q1 25 | $793.0M | $13.0M | ||
| Q4 24 | $721.0M | $528.0M | ||
| Q3 24 | $1.2B | $276.0M | ||
| Q2 24 | $1.3B | $573.0M | ||
| Q1 24 | $1.2B | $541.0M |
| Q4 25 | 12.4% | 37.2% | ||
| Q3 25 | 29.2% | 35.0% | ||
| Q2 25 | 34.2% | 35.3% | ||
| Q1 25 | 24.3% | 35.2% | ||
| Q4 24 | 27.0% | 35.5% | ||
| Q3 24 | 30.0% | 34.0% | ||
| Q2 24 | 31.5% | 34.8% | ||
| Q1 24 | 28.5% | 34.4% |
| Q4 25 | 15.4% | 20.6% | ||
| Q3 25 | 28.9% | 19.3% | ||
| Q2 25 | 32.3% | 18.9% | ||
| Q1 25 | 23.4% | 18.1% | ||
| Q4 24 | 21.1% | 18.0% | ||
| Q3 24 | 29.0% | 16.0% | ||
| Q2 24 | 32.0% | 19.0% | ||
| Q1 24 | 26.3% | 17.4% |
| Q4 25 | 10.7% | 16.1% | ||
| Q3 25 | 18.3% | 14.0% | ||
| Q2 25 | 20.6% | 14.1% | ||
| Q1 25 | 14.2% | 0.3% | ||
| Q4 24 | 12.3% | 13.8% | ||
| Q3 24 | 18.5% | 6.8% | ||
| Q2 24 | 20.0% | 14.4% | ||
| Q1 24 | 18.7% | 13.6% |
| Q4 25 | — | $2.53 | ||
| Q3 25 | $0.46 | $2.23 | ||
| Q2 25 | $0.53 | $2.14 | ||
| Q1 25 | $0.24 | $0.04 | ||
| Q4 24 | — | $1.75 | ||
| Q3 24 | $0.36 | $0.96 | ||
| Q2 24 | $0.42 | $1.86 | ||
| Q1 24 | $0.32 | $1.75 |
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 | $1.3B |
| Total DebtLower is stronger | $9.4B | — |
| Stockholders' EquityBook value | $18.9B | $13.0B |
| Total Assets | $58.2B | $25.6B |
| Debt / EquityLower = less leverage | 0.50× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.8B | $1.3B | ||
| Q3 25 | $4.3B | $1.3B | ||
| Q2 25 | $4.5B | $672.0M | ||
| Q1 25 | $4.4B | $2.6B | ||
| Q4 24 | $3.9B | $1.3B | ||
| Q3 24 | $5.0B | $1.3B | ||
| Q2 24 | $5.3B | $1.5B | ||
| Q1 24 | $5.2B | $1.2B |
| 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 | $13.0B | ||
| Q3 25 | $18.7B | $12.6B | ||
| Q2 25 | $18.2B | $12.4B | ||
| Q1 25 | $17.7B | $12.1B | ||
| Q4 24 | $17.6B | $12.4B | ||
| Q3 24 | $17.5B | $12.4B | ||
| Q2 24 | $17.4B | $12.6B | ||
| Q1 24 | $17.0B | $12.4B |
| Q4 25 | $58.2B | $25.6B | ||
| Q3 25 | $56.8B | $25.1B | ||
| Q2 25 | $56.5B | $24.9B | ||
| Q1 25 | $56.0B | $23.7B | ||
| Q4 24 | $54.8B | $22.4B | ||
| Q3 24 | $55.4B | $22.9B | ||
| Q2 24 | $54.6B | $22.9B | ||
| Q1 24 | $54.2B | $22.8B |
| 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 | $865.0M |
| Free Cash FlowOCF − Capex | $-312.0M | $607.0M |
| FCF MarginFCF / Revenue | -5.9% | 13.0% |
| Capex IntensityCapex / Revenue | 19.1% | 5.5% |
| Cash ConversionOCF / Net Profit | 1.23× | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $3.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $693.0M | $865.0M | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $2.2B | $1.2B | ||
| Q1 25 | $1.1B | $653.0M | ||
| Q4 24 | $1.4B | $878.0M | ||
| Q3 24 | $1.9B | $1.0B | ||
| Q2 24 | $2.0B | $1.0B | ||
| Q1 24 | $1.9B | $710.0M |
| Q4 25 | $-312.0M | $607.0M | ||
| Q3 25 | $608.0M | $1.1B | ||
| Q2 25 | $934.0M | $957.0M | ||
| Q1 25 | $-114.0M | $423.0M | ||
| Q4 24 | $197.0M | $673.0M | ||
| Q3 24 | $673.0M | $829.0M | ||
| Q2 24 | $840.0M | $857.0M | ||
| Q1 24 | $642.0M | $543.0M |
| Q4 25 | -5.9% | 13.0% | ||
| Q3 25 | 8.9% | 24.2% | ||
| Q2 25 | 12.4% | 21.1% | ||
| Q1 25 | -2.0% | 10.2% | ||
| Q4 24 | 3.4% | 17.5% | ||
| Q3 24 | 10.1% | 20.4% | ||
| Q2 24 | 13.1% | 21.5% | ||
| Q1 24 | 10.3% | 13.7% |
| Q4 25 | 19.1% | 5.5% | ||
| Q3 25 | 15.5% | 5.7% | ||
| Q2 25 | 16.8% | 5.1% | ||
| Q1 25 | 21.0% | 5.6% | ||
| Q4 24 | 21.1% | 5.3% | ||
| Q3 24 | 17.9% | 5.2% | ||
| Q2 24 | 17.4% | 3.7% | ||
| Q1 24 | 20.2% | 4.2% |
| Q4 25 | 1.23× | 1.15× | ||
| Q3 25 | 1.33× | 2.14× | ||
| Q2 25 | 1.42× | 1.86× | ||
| Q1 25 | 1.33× | 50.23× | ||
| Q4 24 | 1.99× | 1.66× | ||
| Q3 24 | 1.51× | 3.78× | ||
| Q2 24 | 1.53× | 1.76× | ||
| Q1 24 | 1.63× | 1.31× |
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% |
TEL
| Automotive Industry End Market | $1.9B | 40% |
| Digital Data Networks | $707.0M | 15% |
| Automation And Connected Living Industry End Market | $549.0M | 12% |
| Energy Industry End Market | $406.0M | 9% |
| Aerospace Defense And Marine Industry End Market | $381.0M | 8% |
| Commercial Transportation Industry End Market | $370.0M | 8% |
| Sensors Industry End Market | $212.0M | 5% |
| Medical Industry End Market | $159.0M | 3% |
