FREEPORT-MCMORAN INC (FCX) Fundamental Analysis & Valuation

NYSE:FCX • US35671D8570

Current stock price

61.05 USD
-0.43 (-0.7%)
At close:
61.1645 USD
+0.11 (+0.19%)
After Hours:

This FCX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. FCX Profitability Analysis

1.1 Basic Checks

  • In the past year FCX was profitable.
  • In the past year FCX had a positive cash flow from operations.
  • FCX had positive earnings in each of the past 5 years.
  • FCX had a positive operating cash flow in each of the past 5 years.
FCX Yearly Net Income VS EBIT VS OCF VS FCFFCX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B 6B 8B

1.2 Ratios

  • FCX has a Return On Assets of 3.76%. This is in the better half of the industry: FCX outperforms 69.33% of its industry peers.
  • FCX's Return On Equity of 11.56% is fine compared to the rest of the industry. FCX outperforms 75.46% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 8.04%, FCX is in the better half of the industry, outperforming 67.48% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for FCX is significantly below the industry average of 58.81%.
Industry RankSector Rank
ROA 3.76%
ROE 11.56%
ROIC 8.04%
ROA(3y)3.57%
ROA(5y)5.29%
ROE(3y)11.12%
ROE(5y)17.27%
ROIC(3y)8.62%
ROIC(5y)9.72%
FCX Yearly ROA, ROE, ROICFCX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40 -60

1.3 Margins

  • Looking at the Profit Margin, with a value of 8.43%, FCX is in the better half of the industry, outperforming 73.01% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FCX has grown nicely.
  • FCX has a Operating Margin of 25.16%. This is in the better half of the industry: FCX outperforms 73.62% of its industry peers.
  • In the last couple of years the Operating Margin of FCX has grown nicely.
  • FCX's Gross Margin of 28.16% is fine compared to the rest of the industry. FCX outperforms 63.19% of its industry peers.
  • In the last couple of years the Gross Margin of FCX has grown nicely.
Industry RankSector Rank
OM 25.16%
PM (TTM) 8.43%
GM 28.16%
OM growth 3Y-6.32%
OM growth 5Y10.16%
PM growth 3Y-17.67%
PM growth 5Y15.09%
GM growth 3Y-5.45%
GM growth 5Y8.21%
FCX Yearly Profit, Operating, Gross MarginsFCX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20

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5

2. FCX Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FCX is destroying value.
  • The number of shares outstanding for FCX remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, FCX has less shares outstanding
  • FCX has a better debt/assets ratio than last year.
FCX Yearly Shares OutstandingFCX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B
FCX Yearly Total Debt VS Total AssetsFCX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • FCX has an Altman-Z score of 2.36. This is not the best score and indicates that FCX is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.36, FCX is not doing good in the industry: 64.42% of the companies in the same industry are doing better.
  • FCX has a debt to FCF ratio of 5.78. This is a neutral value as FCX would need 5.78 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 5.78, FCX is doing good in the industry, outperforming 68.71% of the companies in the same industry.
  • FCX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.47, FCX is not doing good in the industry: 71.17% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 5.78
Altman-Z 2.36
ROIC/WACC0.64
WACC12.55%
FCX Yearly LT Debt VS Equity VS FCFFCX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 2.29 indicates that FCX has no problem at all paying its short term obligations.
  • With a Current ratio value of 2.29, FCX perfoms like the industry average, outperforming 47.24% of the companies in the same industry.
  • A Quick Ratio of 1.05 indicates that FCX should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.05, FCX is not doing good in the industry: 65.64% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 1.05
FCX Yearly Current Assets VS Current LiabilitesFCX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. FCX Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 49.64% 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 26.51% on average per year.
  • Looking at the last year, FCX shows a small growth in Revenue. The Revenue has grown by 1.81% in the last year.
  • FCX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.79% yearly.
EPS 1Y (TTM)49.64%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%137.5%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%8.83%

3.2 Future

  • FCX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.53% yearly.
  • The Revenue is expected to grow by 6.06% on average over the next years.
EPS Next Y73.29%
EPS Next 2Y50.67%
EPS Next 3Y35.47%
EPS Next 5Y3.53%
Revenue Next Year14.9%
Revenue Next 2Y17.8%
Revenue Next 3Y11.8%
Revenue Next 5Y6.06%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
FCX Yearly Revenue VS EstimatesFCX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B 50B
FCX Yearly EPS VS EstimatesFCX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3 4

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Find the best growth stocksShow best growing peers

6

4. FCX Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 29.35, FCX can be considered very expensive at the moment.
  • FCX's Price/Earnings ratio is a bit cheaper when compared to the industry. FCX is cheaper than 68.71% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.42. FCX is around the same levels.
  • A Price/Forward Earnings ratio of 15.37 indicates a correct valuation of FCX.
  • Based on the Price/Forward Earnings ratio, FCX is valued a bit cheaper than the industry average as 68.10% of the companies are valued more expensively.
  • FCX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.24.
Industry RankSector Rank
PE 29.35
Fwd PE 15.37
FCX Price Earnings VS Forward Price EarningsFCX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FCX indicates a somewhat cheap valuation: FCX is cheaper than 73.62% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, FCX is valued a bit cheaper than the industry average as 69.94% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 54.06
EV/EBITDA 10.72
FCX Per share dataFCX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • FCX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • 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 35.47% in the coming years.
PEG (NY)0.4
PEG (5Y)1.11
EPS Next 2Y50.67%
EPS Next 3Y35.47%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. FCX Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.98%, FCX is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 1.06, FCX pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.98, FCX pays less dividend than the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 0.98%

5.2 History

  • The dividend of FCX is nicely growing with an annual growth rate of 64.36%!
  • FCX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)64.36%
Div Incr Years0
Div Non Decr Years0
FCX Yearly Dividends per shareFCX Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • 39.59% of the earnings are spent on dividend by FCX. This is a low number and sustainable payout ratio.
  • FCX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.59%
EPS Next 2Y50.67%
EPS Next 3Y35.47%
FCX Yearly Income VS Free CF VS DividendFCX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B
FCX Dividend Payout.FCX Dividend Payout, showing the Payout Ratio.FCX Dividend Payout.PayoutRetained Earnings

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FCX Fundamentals: All Metrics, Ratios and Statistics

FREEPORT-MCMORAN INC

NYSE:FCX (4/24/2026, 8:04:00 PM)

After market: 61.1645 +0.11 (+0.19%)

61.05

-0.43 (-0.7%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)04-23
Earnings (Next)N/A
Inst Owners88.47%
Inst Owner Change0.15%
Ins Owners0.64%
Ins Owner Change-1.21%
Market Cap87.74B
Revenue(TTM)25.91B
Net Income(TTM)2.19B
Analysts80
Price Target68.66 (12.47%)
Short Float %1.9%
Short Ratio1.43
Dividend
Industry RankSector Rank
Dividend Yield 0.98%
Yearly Dividend0.6
Dividend Growth(5Y)64.36%
DP39.59%
Div Incr Years0
Div Non Decr Years0
Ex-Date04-15
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)41.69%
Min EPS beat(2)21.43%
Max EPS beat(2)61.94%
EPS beat(4)3
Avg EPS beat(4)25.24%
Min EPS beat(4)-0.22%
Max EPS beat(4)61.94%
EPS beat(8)7
Avg EPS beat(8)24.99%
EPS beat(12)11
Avg EPS beat(12)20.85%
EPS beat(16)14
Avg EPS beat(16)17.12%
Revenue beat(2)2
Avg Revenue beat(2)3.54%
Min Revenue beat(2)2.94%
Max Revenue beat(2)4.14%
Revenue beat(4)4
Avg Revenue beat(4)3.84%
Min Revenue beat(4)2.94%
Max Revenue beat(4)4.3%
Revenue beat(8)7
Avg Revenue beat(8)4.46%
Revenue beat(12)10
Avg Revenue beat(12)3.85%
Revenue beat(16)13
Avg Revenue beat(16)2.58%
PT rev (1m)2.62%
PT rev (3m)21.85%
EPS NQ rev (1m)6.1%
EPS NQ rev (3m)0.59%
EPS NY rev (1m)2.72%
EPS NY rev (3m)36.84%
Revenue NQ rev (1m)5.15%
Revenue NQ rev (3m)0.53%
Revenue NY rev (1m)0.75%
Revenue NY rev (3m)6.5%
Valuation
Industry RankSector Rank
PE 29.35
Fwd PE 15.37
P/S 3.39
P/FCF 54.06
P/OCF 15.64
P/B 4.64
P/tB 4.64
EV/EBITDA 10.72
EPS(TTM)2.08
EY3.41%
EPS(NY)3.97
Fwd EY6.51%
FCF(TTM)1.13
FCFY1.85%
OCF(TTM)3.9
OCFY6.39%
SpS18.03
BVpS13.15
TBVpS13.15
PEG (NY)0.4
PEG (5Y)1.11
Graham Number24.8075 (-59.37%)
Profitability
Industry RankSector Rank
ROA 3.76%
ROE 11.56%
ROCE 12.5%
ROIC 8.04%
ROICexc 8.68%
ROICexgc 8.68%
OM 25.16%
PM (TTM) 8.43%
GM 28.16%
FCFM 6.26%
ROA(3y)3.57%
ROA(5y)5.29%
ROE(3y)11.12%
ROE(5y)17.27%
ROIC(3y)8.62%
ROIC(5y)9.72%
ROICexc(3y)9.42%
ROICexc(5y)11.26%
ROICexgc(3y)9.51%
ROICexgc(5y)11.38%
ROCE(3y)13.4%
ROCE(5y)15.12%
ROICexgc growth 3Y-10.93%
ROICexgc growth 5Y16.47%
ROICexc growth 3Y-10.86%
ROICexc growth 5Y16.53%
OM growth 3Y-6.32%
OM growth 5Y10.16%
PM growth 3Y-17.67%
PM growth 5Y15.09%
GM growth 3Y-5.45%
GM growth 5Y8.21%
F-Score6
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 5.78
Debt/EBITDA 1.02
Cap/Depr 177.67%
Cap/Sales 15.38%
Interest Coverage 25.46
Cash Conversion 64.02%
Profit Quality 74.28%
Current Ratio 2.29
Quick Ratio 1.05
Altman-Z 2.36
F-Score6
WACC12.55%
ROIC/WACC0.64
Cap/Depr(3y)199.7%
Cap/Depr(5y)173.83%
Cap/Sales(3y)17.68%
Cap/Sales(5y)15.37%
Profit Quality(3y)84.75%
Profit Quality(5y)87.44%
High Growth Momentum
Growth
EPS 1Y (TTM)49.64%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%137.5%
EPS Next Y73.29%
EPS Next 2Y50.67%
EPS Next 3Y35.47%
EPS Next 5Y3.53%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%8.83%
Revenue Next Year14.9%
Revenue Next 2Y17.8%
Revenue Next 3Y11.8%
Revenue Next 5Y6.06%
EBIT growth 1Y-5.64%
EBIT growth 3Y-2.21%
EBIT growth 5Y24.25%
EBIT Next Year94.11%
EBIT Next 3Y39.42%
EBIT Next 5Y8.23%
FCF growth 1Y-40.48%
FCF growth 3Y-3.82%
FCF growth 5Y8.98%
OCF growth 1Y-21.65%
OCF growth 3Y2.97%
OCF growth 5Y13.21%

FREEPORT-MCMORAN INC / FCX Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for FREEPORT-MCMORAN INC?

ChartMill assigns a fundamental rating of 6 / 10 to FCX.


What is the valuation status of FREEPORT-MCMORAN INC (FCX) stock?

ChartMill assigns a valuation rating of 6 / 10 to FREEPORT-MCMORAN INC (FCX). This can be considered as Fairly Valued.


Can you provide the profitability details for FREEPORT-MCMORAN INC?

FREEPORT-MCMORAN INC (FCX) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for FCX stock?

The Price/Earnings (PE) ratio for FREEPORT-MCMORAN INC (FCX) is 29.35 and the Price/Book (PB) ratio is 4.64.


Can you provide the expected EPS growth for FCX stock?

The Earnings per Share (EPS) of FREEPORT-MCMORAN INC (FCX) is expected to grow by 73.29% in the next year.