FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FCX - US35671D8570 - Common Stock
44.39 USD
-0.14 (-0.31%)
We assign a fundamental rating of 5 out of 10 to FCX. FCX was compared to 154 industry peers in the Metals & Mining industry. FCX has only an average score on both its financial health and profitability. FCX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FCX had positive earnings in the past year.
In the past year FCX had a positive cash flow from operations.
Each year in the past 5 years FCX has been profitable.
FCX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.61%, FCX is doing good in the industry, outperforming 67.53% of the companies in the same industry.
FCX has a better Return On Equity (10.99%) than 76.62% of its industry peers.
FCX has a Return On Invested Capital of 8.53%. This is in the better half of the industry: FCX outperforms 73.38% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FCX is below the industry average of 13.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.61% | ||
| ROE | 10.99% | ||
| ROIC | 8.53% |
ROA(3y)4.57%
ROA(5y)4.82%
ROE(3y)14.67%
ROE(5y)16.12%
ROIC(3y)9.07%
ROIC(5y)8.64%
1.3 Margins
Looking at the Profit Margin, with a value of 7.90%, FCX is in the better half of the industry, outperforming 73.38% of the companies in the same industry.
FCX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 26.78%, FCX is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
In the last couple of years the Operating Margin of FCX has grown nicely.
Looking at the Gross Margin, with a value of 29.63%, FCX is in the better half of the industry, outperforming 67.53% of the companies in the same industry.
In the last couple of years the Gross Margin of FCX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.78% | ||
| PM (TTM) | 7.9% | ||
| GM | 29.63% |
OM growth 3Y-9.21%
OM growth 5Y41.84%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y27.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FCX is destroying value.
The number of shares outstanding for FCX remains at a similar level compared to 1 year ago.
FCX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for FCX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.07 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FCX (2.07) is worse than 65.58% of its industry peers.
FCX has a debt to FCF ratio of 4.44. This is a neutral value as FCX would need 4.44 years to pay back of all of its debts.
FCX has a Debt to FCF ratio of 4.44. This is in the better half of the industry: FCX outperforms 71.43% of its industry peers.
FCX has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
FCX's Debt to Equity ratio of 0.48 is on the low side compared to the rest of the industry. FCX is outperformed by 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.44 | ||
| Altman-Z | 2.07 |
ROIC/WACC0.93
WACC9.19%
2.3 Liquidity
A Current Ratio of 2.45 indicates that FCX has no problem at all paying its short term obligations.
FCX has a Current ratio of 2.45. This is comparable to the rest of the industry: FCX outperforms 51.30% of its industry peers.
A Quick Ratio of 1.19 indicates that FCX should not have too much problems paying its short term obligations.
FCX has a worse Quick ratio (1.19) than 62.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.19% over the past year.
Measured over the past years, FCX shows a very strong growth in Earnings Per Share. The EPS has been growing by 136.19% on average per year.
FCX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.41%.
FCX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.07% yearly.
EPS 1Y (TTM)11.19%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%31.58%
Revenue 1Y (TTM)1.41%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%2.68%
3.2 Future
Based on estimates for the next years, FCX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.94% on average per year.
The Revenue is expected to grow by 4.10% on average over the next years.
EPS Next Y2.43%
EPS Next 2Y23.04%
EPS Next 3Y25.61%
EPS Next 5Y10.94%
Revenue Next Year-0.97%
Revenue Next 2Y4.41%
Revenue Next 3Y7.43%
Revenue Next 5Y4.1%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.92, the valuation of FCX can be described as expensive.
Based on the Price/Earnings ratio, FCX is valued a bit cheaper than 68.83% of the companies in the same industry.
FCX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.37.
Based on the Price/Forward Earnings ratio of 19.95, the valuation of FCX can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FCX is on the same level as its industry peers.
FCX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.92 | ||
| Fwd PE | 19.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FCX indicates a rather cheap valuation: FCX is cheaper than 88.31% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FCX indicates a somewhat cheap valuation: FCX is cheaper than 76.62% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.43 | ||
| EV/EBITDA | 7.44 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FCX does not grow enough to justify the current Price/Earnings ratio.
FCX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FCX's earnings are expected to grow with 25.61% in the coming years.
PEG (NY)11.5
PEG (5Y)0.2
EPS Next 2Y23.04%
EPS Next 3Y25.61%
5. Dividend
5.1 Amount
FCX has a Yearly Dividend Yield of 1.42%.
FCX's Dividend Yield is a higher than the industry average which is at 2.60.
Compared to the average S&P500 Dividend Yield of 2.32, FCX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
5.2 History
On average, the dividend of FCX grows each year by 24.59%, which is quite nice.
FCX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)24.59%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
42.13% of the earnings are spent on dividend by FCX. This is a bit on the high side, but may be sustainable.
The dividend of FCX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.13%
EPS Next 2Y23.04%
EPS Next 3Y25.61%
NYSE:FCX (12/4/2025, 10:41:08 AM)
44.39
-0.14 (-0.31%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.03%
Inst Owner Change1.42%
Ins Owners0.65%
Ins Owner Change0.31%
Market Cap63.74B
Revenue(TTM)26.00B
Net Income(TTM)2.05B
Analysts77.78
Price Target48.8 (9.93%)
Short Float %1.57%
Short Ratio1.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend0.6
Dividend Growth(5Y)24.59%
DP42.13%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.63%
Min EPS beat(2)17.82%
Max EPS beat(2)21.43%
EPS beat(4)3
Avg EPS beat(4)22.5%
Min EPS beat(4)-0.22%
Max EPS beat(4)50.97%
EPS beat(8)7
Avg EPS beat(8)19.86%
EPS beat(12)11
Avg EPS beat(12)16.68%
EPS beat(16)13
Avg EPS beat(16)13.22%
Revenue beat(2)2
Avg Revenue beat(2)3.46%
Min Revenue beat(2)2.94%
Max Revenue beat(2)3.99%
Revenue beat(4)3
Avg Revenue beat(4)1.91%
Min Revenue beat(4)-3.61%
Max Revenue beat(4)4.3%
Revenue beat(8)6
Avg Revenue beat(8)3.93%
Revenue beat(12)10
Avg Revenue beat(12)3.88%
Revenue beat(16)12
Avg Revenue beat(16)1.96%
PT rev (1m)0.84%
PT rev (3m)-5.75%
EPS NQ rev (1m)-22.22%
EPS NQ rev (3m)-61.68%
EPS NY rev (1m)4.97%
EPS NY rev (3m)-18.25%
Revenue NQ rev (1m)-3.99%
Revenue NQ rev (3m)-29.2%
Revenue NY rev (1m)2.03%
Revenue NY rev (3m)-7.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.92 | ||
| Fwd PE | 19.95 | ||
| P/S | 2.45 | ||
| P/FCF | 30.43 | ||
| P/OCF | 10.03 | ||
| P/B | 3.41 | ||
| P/tB | 3.41 | ||
| EV/EBITDA | 7.44 |
EPS(TTM)1.59
EY3.58%
EPS(NY)2.23
Fwd EY5.01%
FCF(TTM)1.46
FCFY3.29%
OCF(TTM)4.42
OCFY9.97%
SpS18.11
BVpS13.01
TBVpS13.01
PEG (NY)11.5
PEG (5Y)0.2
Graham Number21.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.61% | ||
| ROE | 10.99% | ||
| ROCE | 13.57% | ||
| ROIC | 8.53% | ||
| ROICexc | 9.31% | ||
| ROICexgc | 9.31% | ||
| OM | 26.78% | ||
| PM (TTM) | 7.9% | ||
| GM | 29.63% | ||
| FCFM | 8.06% |
ROA(3y)4.57%
ROA(5y)4.82%
ROE(3y)14.67%
ROE(5y)16.12%
ROIC(3y)9.07%
ROIC(5y)8.64%
ROICexc(3y)10.38%
ROICexc(5y)10.08%
ROICexgc(3y)10.49%
ROICexgc(5y)10.2%
ROCE(3y)14.44%
ROCE(5y)13.74%
ROICexgc growth 3Y-14.57%
ROICexgc growth 5Y51.28%
ROICexc growth 3Y-14.49%
ROICexc growth 5Y51.37%
OM growth 3Y-9.21%
OM growth 5Y41.84%
PM growth 3Y-26.75%
PM growth 5YN/A
GM growth 3Y-7.56%
GM growth 5Y27.78%
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.44 | ||
| Debt/EBITDA | 0.96 | ||
| Cap/Depr | 185.45% | ||
| Cap/Sales | 16.38% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 68.61% | ||
| Profit Quality | 102.05% | ||
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 2.07 |
F-Score7
WACC9.19%
ROIC/WACC0.93
Cap/Depr(3y)195.2%
Cap/Depr(5y)163.96%
Cap/Sales(3y)17.4%
Cap/Sales(5y)15.05%
Profit Quality(3y)77.69%
Profit Quality(5y)108.11%
High Growth Momentum
Growth
EPS 1Y (TTM)11.19%
EPS 3Y-22.27%
EPS 5Y136.19%
EPS Q2Q%31.58%
EPS Next Y2.43%
EPS Next 2Y23.04%
EPS Next 3Y25.61%
EPS Next 5Y10.94%
Revenue 1Y (TTM)1.41%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%2.68%
Revenue Next Year-0.97%
Revenue Next 2Y4.41%
Revenue Next 3Y7.43%
Revenue Next 5Y4.1%
EBIT growth 1Y-6.66%
EBIT growth 3Y-5.88%
EBIT growth 5Y58.95%
EBIT Next Year52.01%
EBIT Next 3Y26.01%
EBIT Next 5Y13.74%
FCF growth 1Y193.83%
FCF growth 3Y-21.33%
FCF growth 5YN/A
OCF growth 1Y26.35%
OCF growth 3Y-2.46%
OCF growth 5Y37.03%
FREEPORT-MCMORAN INC / FCX FAQ
Can you provide the ChartMill fundamental rating for FREEPORT-MCMORAN INC?
ChartMill assigns a fundamental rating of 5 / 10 to FCX.
What is the valuation status for FCX stock?
ChartMill assigns a valuation rating of 5 / 10 to FREEPORT-MCMORAN INC (FCX). This can be considered as Fairly Valued.
How profitable is FREEPORT-MCMORAN INC (FCX) stock?
FREEPORT-MCMORAN INC (FCX) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for FCX stock?
The Price/Earnings (PE) ratio for FREEPORT-MCMORAN INC (FCX) is 27.92 and the Price/Book (PB) ratio is 3.41.
How sustainable is the dividend of FREEPORT-MCMORAN INC (FCX) stock?
The dividend rating of FREEPORT-MCMORAN INC (FCX) is 4 / 10 and the dividend payout ratio is 42.13%.