FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
NYSE:FCX • US35671D8570
68.08 USD
-0.3 (-0.44%)
At close: Feb 27, 2026
68.2 USD
+0.12 (+0.18%)
After Hours: 2/27/2026, 8:04:00 PM
We assign a fundamental rating of 5 out of 10 to FCX. FCX was compared to 157 industry peers in the Metals & Mining industry. FCX has an excellent profitability rating, but there are some minor concerns on its financial health. FCX has a decent growth rate and is not valued too expensively.
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.
- FCX had positive earnings in each of the past 5 years.
- Each year in the past 5 years FCX had a positive operating cash flow.
1.2 Ratios
- FCX has a Return On Assets of 3.76%. This is in the better half of the industry: FCX outperforms 69.62% of its industry peers.
- FCX has a better Return On Equity (11.56%) than 76.58% of its industry peers.
- The Return On Invested Capital of FCX (8.04%) is better than 69.62% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for FCX is below the industry average of 10.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 11.56% | ||
| ROIC | 8.04% |
ROA(3y)3.58%
ROA(5y)5.29%
ROE(3y)11.14%
ROE(5y)17.28%
ROIC(3y)8.59%
ROIC(5y)9.7%
1.3 Margins
- FCX has a better Profit Margin (8.43%) than 72.78% of its industry peers.
- 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 73.42% 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 63.92% of its industry peers.
- FCX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.16% | ||
| PM (TTM) | 8.43% | ||
| GM | 28.16% |
OM growth 3Y-6.69%
OM growth 5Y9.9%
PM growth 3Y-17.59%
PM growth 5Y15.17%
GM growth 3Y-6.4%
GM growth 5Y7.56%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FCX is destroying value.
- Compared to 1 year ago, FCX has about the same amount of shares outstanding.
- Compared to 5 years ago, FCX has less shares outstanding
- The debt/assets ratio for FCX is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.50 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.50, FCX is doing worse than 64.56% of the companies in the same industry.
- FCX has a debt to FCF ratio of 6.40. This is a slightly negative value and a sign of low solvency as FCX would need 6.40 years to pay back of all of its debts.
- FCX has a Debt to FCF ratio of 6.40. This is in the better half of the industry: FCX outperforms 68.99% of its industry peers.
- FCX has a Debt/Equity ratio of 0.53. This is a neutral value indicating FCX is somewhat dependend on debt financing.
- FCX has a Debt to Equity ratio of 0.53. This is in the lower half of the industry: FCX underperforms 73.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 6.4 | ||
| Altman-Z | 2.5 |
ROIC/WACC0.74
WACC10.82%
2.3 Liquidity
- A Current Ratio of 2.29 indicates that FCX has no problem at all paying its short term obligations.
- FCX's Current ratio of 2.29 is in line compared to the rest of the industry. FCX outperforms 48.73% of its industry peers.
- FCX has a Quick Ratio of 1.05. This is a normal value and indicates that FCX is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.05, FCX is not doing good in the industry: 67.09% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
- FCX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.05%, which is quite good.
- The Earnings Per Share has been growing by 26.51% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 1.81% in the past 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)19.05%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%51.61%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%
3.2 Future
- Based on estimates for the next years, FCX will show a small growth in Earnings Per Share. The EPS will grow by 8.00% on average per year.
- The Revenue is expected to grow by 4.99% on average over the next years.
EPS Next Y52.72%
EPS Next 2Y40.07%
EPS Next 3Y23.96%
EPS Next 5Y8%
Revenue Next Year13.22%
Revenue Next 2Y14.5%
Revenue Next 3Y10.33%
Revenue Next 5Y4.99%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- FCX is valuated quite expensively with a Price/Earnings ratio of 38.90.
- Compared to the rest of the industry, the Price/Earnings ratio of FCX indicates a somewhat cheap valuation: FCX is cheaper than 66.46% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.07, FCX is valued a bit more expensive.
- With a Price/Forward Earnings ratio of 25.47, FCX can be considered very expensive at the moment.
- FCX's Price/Forward Earnings is on the same level as the industry average.
- FCX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.05, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.9 | ||
| Fwd PE | 25.47 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FCX is valued a bit cheaper than 75.95% of the companies in the same industry.
- FCX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FCX is cheaper than 70.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.23 | ||
| EV/EBITDA | 11.9 |
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.
- The decent profitability rating of FCX may justify a higher PE ratio.
- FCX's earnings are expected to grow with 23.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.74
PEG (5Y)1.47
EPS Next 2Y40.07%
EPS Next 3Y23.96%
5. Dividend
5.1 Amount
- FCX has a yearly dividend return of 0.88%, which is pretty low.
- FCX's Dividend Yield is a higher than the industry average which is at 1.01.
- With a Dividend Yield of 0.88, FCX pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
5.2 History
- On average, the dividend of FCX grows each year by 64.36%, which is quite nice.
- FCX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)64.36%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 39.59% of the earnings are spent on dividend by FCX. This is a low number and sustainable payout ratio.
- The dividend of FCX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP39.59%
EPS Next 2Y40.07%
EPS Next 3Y23.96%
68.08
-0.3 (-0.44%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22 2026-01-22/bmo
Earnings (Next)04-22 2026-04-22
Inst Owners85.97%
Inst Owner Change1.97%
Ins Owners0.65%
Ins Owner Change-1.21%
Market Cap97.76B
Revenue(TTM)25.91B
Net Income(TTM)2.19B
Analysts77.86
Price Target66.9 (-1.73%)
Short Float %2.45%
Short Ratio1.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
Yearly Dividend0.6
Dividend Growth(5Y)64.36%
DP39.59%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-15 2026-01-15 (0.15)
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)18.74%
PT rev (3m)37.09%
EPS NQ rev (1m)1.02%
EPS NQ rev (3m)21.77%
EPS NY rev (1m)6.83%
EPS NY rev (3m)20.1%
Revenue NQ rev (1m)-3.42%
Revenue NQ rev (3m)-5.26%
Revenue NY rev (1m)2.87%
Revenue NY rev (3m)2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.9 | ||
| Fwd PE | 25.47 | ||
| P/S | 3.77 | ||
| P/FCF | 60.23 | ||
| P/OCF | 17.43 | ||
| P/B | 5.17 | ||
| P/tB | 5.17 | ||
| EV/EBITDA | 11.9 |
EPS(TTM)1.75
EY2.57%
EPS(NY)2.67
Fwd EY3.93%
FCF(TTM)1.13
FCFY1.66%
OCF(TTM)3.91
OCFY5.74%
SpS18.05
BVpS13.16
TBVpS13.16
PEG (NY)0.74
PEG (5Y)1.47
Graham Number22.76
Profitability
| Industry Rank | Sector 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)3.58%
ROA(5y)5.29%
ROE(3y)11.14%
ROE(5y)17.28%
ROIC(3y)8.59%
ROIC(5y)9.7%
ROICexc(3y)9.39%
ROICexc(5y)11.23%
ROICexgc(3y)9.45%
ROICexgc(5y)11.34%
ROCE(3y)13.36%
ROCE(5y)15.09%
ROICexgc growth 3Y-11.55%
ROICexgc growth 5Y15.99%
ROICexc growth 3Y-11.21%
ROICexc growth 5Y16.26%
OM growth 3Y-6.69%
OM growth 5Y9.9%
PM growth 3Y-17.59%
PM growth 5Y15.17%
GM growth 3Y-6.4%
GM growth 5Y7.56%
F-Score5
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 6.4 | ||
| Debt/EBITDA | 1.13 | ||
| Cap/Depr | 177.67% | ||
| Cap/Sales | 15.38% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.02% | ||
| Profit Quality | 74.28% | ||
| Current Ratio | 2.29 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 2.5 |
F-Score5
WACC10.82%
ROIC/WACC0.74
Cap/Depr(3y)199.7%
Cap/Depr(5y)173.83%
Cap/Sales(3y)17.68%
Cap/Sales(5y)15.37%
Profit Quality(3y)84.67%
Profit Quality(5y)87.4%
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%51.61%
EPS Next Y52.72%
EPS Next 2Y40.07%
EPS Next 3Y23.96%
EPS Next 5Y8%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%
Revenue Next Year13.22%
Revenue Next 2Y14.5%
Revenue Next 3Y10.33%
Revenue Next 5Y4.99%
EBIT growth 1Y-5.64%
EBIT growth 3Y-2.59%
EBIT growth 5Y23.95%
EBIT Next Year90.14%
EBIT Next 3Y38.23%
EBIT Next 5Y14.35%
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 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 of FREEPORT-MCMORAN INC (FCX) stock?
ChartMill assigns a valuation rating of 5 / 10 to FREEPORT-MCMORAN INC (FCX). This can be considered as Fairly Valued.
What is the profitability of FCX stock?
FREEPORT-MCMORAN INC (FCX) has a profitability rating of 7 / 10.
What is the financial health of FREEPORT-MCMORAN INC (FCX) stock?
The financial health rating of FREEPORT-MCMORAN INC (FCX) is 4 / 10.
What is the earnings growth outlook for FREEPORT-MCMORAN INC?
The Earnings per Share (EPS) of FREEPORT-MCMORAN INC (FCX) is expected to grow by 52.72% in the next year.