FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FCX - US35671D8570 - Common Stock
51.735 USD
-1.3 (-2.46%)
Overall FCX gets a fundamental rating of 5 out of 10. We evaluated FCX against 156 industry peers in the Metals & Mining industry. FCX has only an average score on both its financial health and profitability. FCX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FCX was profitable.
FCX had a positive operating cash flow in the past year.
In the past 5 years FCX has always been profitable.
In the past 5 years FCX always reported a positive cash flow from operatings.
1.2 Ratios
FCX has a better Return On Assets (3.61%) than 67.31% of its industry peers.
FCX has a Return On Equity of 10.99%. This is in the better half of the industry: FCX outperforms 76.28% of its industry peers.
FCX has a better Return On Invested Capital (8.53%) than 73.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FCX is below the industry average of 13.25%.
| 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
FCX has a better Profit Margin (7.90%) than 73.08% of its industry peers.
In the last couple of years the Profit Margin of FCX has declined.
FCX has a better Operating Margin (26.78%) than 75.64% of its industry peers.
In the last couple of years the Operating Margin of FCX has grown nicely.
FCX has a better Gross Margin (29.63%) than 66.03% of its industry peers.
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.
Compared to 5 years ago, FCX has less shares outstanding
FCX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.26 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
FCX's Altman-Z score of 2.26 is on the low side compared to the rest of the industry. FCX is outperformed by 66.67% of its industry peers.
The Debt to FCF ratio of FCX is 4.44, which is a neutral value as it means it would take FCX, 4.44 years of fcf income to pay off all of its debts.
FCX's Debt to FCF ratio of 4.44 is fine compared to the rest of the industry. FCX outperforms 69.23% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that FCX is not too dependend on debt financing.
FCX has a Debt to Equity ratio of 0.48. This is in the lower half of the industry: FCX underperforms 77.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.44 | ||
| Altman-Z | 2.26 |
ROIC/WACC0.88
WACC9.73%
2.3 Liquidity
FCX has a Current Ratio of 2.45. This indicates that FCX is financially healthy and has no problem in meeting its short term obligations.
FCX has a Current ratio (2.45) which is comparable to the rest of the industry.
A Quick Ratio of 1.19 indicates that FCX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.19, FCX is doing worse than 62.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
FCX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.19%, which is quite good.
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.
The Revenue has been growing slightly by 1.41% in the past year.
The Revenue has been growing by 12.07% on average over the past years. This is quite good.
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
FCX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.94% yearly.
FCX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.10% yearly.
EPS Next Y2.72%
EPS Next 2Y22.78%
EPS Next 3Y26.05%
EPS Next 5Y10.94%
Revenue Next Year-1.27%
Revenue Next 2Y2.82%
Revenue Next 3Y6.49%
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 32.54, the valuation of FCX can be described as expensive.
Based on the Price/Earnings ratio, FCX is valued a bit cheaper than the industry average as 67.31% of the companies are valued more expensively.
FCX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.92.
The Price/Forward Earnings ratio is 23.34, which indicates a rather expensive current valuation of FCX.
FCX's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.46. FCX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.54 | ||
| Fwd PE | 23.34 |
4.2 Price Multiples
FCX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FCX is cheaper than 84.62% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FCX is valued a bit cheaper than 73.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.46 | ||
| EV/EBITDA | 8.76 |
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.
The decent profitability rating of FCX may justify a higher PE ratio.
A more expensive valuation may be justified as FCX's earnings are expected to grow with 26.05% in the coming years.
PEG (NY)11.97
PEG (5Y)0.24
EPS Next 2Y22.78%
EPS Next 3Y26.05%
5. Dividend
5.1 Amount
FCX has a Yearly Dividend Yield of 1.16%.
FCX's Dividend Yield is a higher than the industry average which is at 0.98.
With a Dividend Yield of 1.16, FCX pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
The dividend of FCX is nicely growing with an annual growth rate of 24.59%!
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
FCX pays out 42.13% of its income as dividend. 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 2Y22.78%
EPS Next 3Y26.05%
NYSE:FCX (12/29/2025, 9:42:08 AM)
51.735
-1.3 (-2.46%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners85.73%
Inst Owner Change1.45%
Ins Owners0.65%
Ins Owner Change-0.26%
Market Cap74.29B
Revenue(TTM)26.00B
Net Income(TTM)2.05B
Analysts79.26
Price Target51.05 (-1.32%)
Short Float %1.45%
Short Ratio1.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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)4.62%
PT rev (3m)-1.39%
EPS NQ rev (1m)15.35%
EPS NQ rev (3m)-55.71%
EPS NY rev (1m)0.28%
EPS NY rev (3m)-18.28%
Revenue NQ rev (1m)1.98%
Revenue NQ rev (3m)-27.79%
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)-7.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.54 | ||
| Fwd PE | 23.34 | ||
| P/S | 2.86 | ||
| P/FCF | 35.46 | ||
| P/OCF | 11.69 | ||
| P/B | 3.98 | ||
| P/tB | 3.98 | ||
| EV/EBITDA | 8.76 |
EPS(TTM)1.59
EY3.07%
EPS(NY)2.22
Fwd EY4.28%
FCF(TTM)1.46
FCFY2.82%
OCF(TTM)4.42
OCFY8.55%
SpS18.11
BVpS13.01
TBVpS13.01
PEG (NY)11.97
PEG (5Y)0.24
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 | 2.26 |
F-Score7
WACC9.73%
ROIC/WACC0.88
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 Y2.72%
EPS Next 2Y22.78%
EPS Next 3Y26.05%
EPS Next 5Y10.94%
Revenue 1Y (TTM)1.41%
Revenue growth 3Y3.67%
Revenue growth 5Y12.07%
Sales Q2Q%2.68%
Revenue Next Year-1.27%
Revenue Next 2Y2.82%
Revenue Next 3Y6.49%
Revenue Next 5Y4.1%
EBIT growth 1Y-6.66%
EBIT growth 3Y-5.88%
EBIT growth 5Y58.95%
EBIT Next Year26.43%
EBIT Next 3Y26.37%
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 4 / 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 32.54 and the Price/Book (PB) ratio is 3.98.
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%.