FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
USA - NYSE:FCX - US35671D8570 - Common Stock
38.945 USD
-1.21 (-3.03%)
Overall FCX gets a fundamental rating of 5 out of 10. We evaluated FCX against 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
In the past year FCX was profitable.
FCX had a positive operating cash flow in the past year.
FCX had positive earnings in each of the past 5 years.
In the past 5 years FCX always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.61%, FCX is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
FCX's Return On Equity of 10.99% is fine compared to the rest of the industry. FCX outperforms 77.27% of its industry peers.
With a decent Return On Invested Capital value of 8.53%, FCX is doing good in the industry, outperforming 74.68% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FCX is below the industry average of 12.85%.
| 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 73.38% of its industry peers.
In the last couple of years the Profit Margin of FCX has declined.
FCX's Operating Margin of 26.78% is fine compared to the rest of the industry. FCX outperforms 77.92% of its industry peers.
In the last couple of years the Operating Margin of FCX has grown nicely.
The Gross Margin of FCX (29.63%) is better than 67.53% of its industry peers.
FCX's Gross Margin has improved in the last couple of years.
| 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
FCX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for FCX remains at a similar level compared to 1 year ago.
The number of shares outstanding for FCX has been reduced compared to 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 1.97 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
FCX has a worse Altman-Z score (1.97) than 66.88% 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.
With a decent Debt to FCF ratio value of 4.44, FCX is doing good in the industry, outperforming 73.38% of the companies in the same industry.
FCX has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
FCX has a Debt to Equity ratio of 0.48. This is in the lower half of the industry: FCX underperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.44 | ||
| Altman-Z | 1.97 |
ROIC/WACC0.95
WACC8.95%
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 63.64% 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.
FCX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 136.19% yearly.
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
The Earnings Per Share is expected to grow by 3.40% on average over the next years.
Based on estimates for the next years, FCX will show a small growth in Revenue. The Revenue will grow by 4.14% on average per year.
EPS Next Y2.43%
EPS Next 2Y23.04%
EPS Next 3Y25.61%
EPS Next 5Y3.4%
Revenue Next Year-0.97%
Revenue Next 2Y4.41%
Revenue Next 3Y7.43%
Revenue Next 5Y4.14%
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.
4. Valuation
4.1 Price/Earnings Ratio
FCX is valuated rather expensively with a Price/Earnings ratio of 24.49.
Based on the Price/Earnings ratio, FCX is valued a bit cheaper than the industry average as 70.13% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.89. FCX is around the same levels.
Based on the Price/Forward Earnings ratio of 17.50, the valuation of FCX can be described as rather expensive.
FCX's Price/Forward Earnings is on the same level as the industry average.
FCX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.49 | ||
| Fwd PE | 17.5 |
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 77.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.69 | ||
| EV/EBITDA | 6.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of FCX may justify a higher PE ratio.
FCX's earnings are expected to grow with 25.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)10.09
PEG (5Y)0.18
EPS Next 2Y23.04%
EPS Next 3Y25.61%
5. Dividend
5.1 Amount
FCX has a Yearly Dividend Yield of 1.48%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.63, FCX pays a bit more dividend than its industry peers.
FCX's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
5.2 History
On average, the dividend of FCX grows each year by 24.59%, 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)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.
FCX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP42.13%
EPS Next 2Y23.04%
EPS Next 3Y25.61%
NYSE:FCX (11/17/2025, 3:02:08 PM)
38.945
-1.21 (-3.03%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.03%
Inst Owner Change1.27%
Ins Owners0.65%
Ins Owner Change0.6%
Market Cap55.92B
Revenue(TTM)26.00B
Net Income(TTM)2.05B
Analysts77.78
Price Target48.39 (24.25%)
Short Float %1.39%
Short Ratio1.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
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)0.42%
PT rev (3m)-7.11%
EPS NQ rev (1m)13.41%
EPS NQ rev (3m)-50.35%
EPS NY rev (1m)-18.51%
EPS NY rev (3m)-16.77%
Revenue NQ rev (1m)1.96%
Revenue NQ rev (3m)-26.24%
Revenue NY rev (1m)1.04%
Revenue NY rev (3m)-7.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.49 | ||
| Fwd PE | 17.5 | ||
| P/S | 2.15 | ||
| P/FCF | 26.69 | ||
| P/OCF | 8.8 | ||
| P/B | 2.99 | ||
| P/tB | 2.99 | ||
| EV/EBITDA | 6.77 |
EPS(TTM)1.59
EY4.08%
EPS(NY)2.23
Fwd EY5.71%
FCF(TTM)1.46
FCFY3.75%
OCF(TTM)4.42
OCFY11.36%
SpS18.11
BVpS13.01
TBVpS13.01
PEG (NY)10.09
PEG (5Y)0.18
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 | 1.97 |
F-Score7
WACC8.95%
ROIC/WACC0.95
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 5Y3.4%
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 5Y4.14%
EBIT growth 1Y-6.66%
EBIT growth 3Y-5.88%
EBIT growth 5Y58.95%
EBIT Next Year52.01%
EBIT Next 3Y26.01%
EBIT Next 5Y4.91%
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 24.49 and the Price/Book (PB) ratio is 2.99.
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%.