FREEPORT-MCMORAN INC (FCX) Fundamental Analysis & Valuation

NYSE:FCX • US35671D8570

Current stock price

61.38 USD
+0.18 (+0.29%)
At close:
61.34 USD
-0.04 (-0.07%)
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

  • FCX had positive earnings in the past year.
  • In the past year FCX had a positive cash flow from operations.
  • In the past 5 years FCX has always been profitable.
  • In the past 5 years FCX always reported a positive cash flow from operatings.
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

  • With a decent Return On Assets value of 3.76%, FCX is doing good in the industry, outperforming 68.35% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 11.56%, FCX is in the better half of the industry, outperforming 75.32% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 8.04%, FCX is in the better half of the industry, outperforming 68.35% of the companies in the same industry.
  • FCX had an Average Return On Invested Capital over the past 3 years of 8.62%. This is significantly below the industry average of 61.56%.
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

  • FCX's Profit Margin of 8.43% is fine compared to the rest of the industry. FCX outperforms 72.78% of its industry peers.
  • In the last couple of years the Profit Margin of FCX has grown nicely.
  • FCX has a better Operating Margin (25.16%) than 74.05% of its industry peers.
  • FCX's Operating Margin has improved in the last couple of years.
  • 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 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

  • FCX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • FCX has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for FCX has been reduced compared to 5 years ago.
  • Compared to 1 year ago, FCX has an improved debt to assets ratio.
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

  • An Altman-Z score of 2.35 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of FCX (2.35) is worse than 63.29% of its industry peers.
  • The Debt to FCF ratio of FCX is 5.78, which is a neutral value as it means it would take FCX, 5.78 years of fcf income to pay off all of its debts.
  • FCX's Debt to FCF ratio of 5.78 is fine compared to the rest of the industry. FCX outperforms 68.35% of its industry peers.
  • FCX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.47, FCX is doing worse than 69.62% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 5.78
Altman-Z 2.35
ROIC/WACC0.64
WACC12.61%
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

  • FCX has a Current Ratio of 2.29. This indicates that FCX is financially healthy and has no problem in meeting its short term obligations.
  • FCX has a Current ratio (2.29) which is comparable to the rest of the industry.
  • 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.
  • The Quick ratio of FCX (1.05) is worse than 64.56% of its industry peers.
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

4

3. FCX Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 19.05% over the past year.
  • 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.
  • The Revenue has been growing by 12.79% on average over the past years. This is quite good.
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

  • FCX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.85% yearly.
  • FCX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.46% yearly.
EPS Next Y68.71%
EPS Next 2Y48.5%
EPS Next 3Y33.85%
EPS Next 5Y-0.85%
Revenue Next Year14.04%
Revenue Next 2Y16.27%
Revenue Next 3Y11.28%
Revenue Next 5Y4.46%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • 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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5

4. FCX Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 35.07, FCX can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of FCX indicates a somewhat cheap valuation: FCX is cheaper than 64.56% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.60, FCX is valued a bit more expensive.
  • A Price/Forward Earnings ratio of 20.79 indicates a rather expensive valuation of FCX.
  • The rest of the industry has a similar Price/Forward Earnings ratio as FCX.
  • When comparing the Price/Forward Earnings ratio of FCX to the average of the S&P500 Index (22.84), we can say FCX is valued inline with the index average.
Industry RankSector Rank
PE 35.07
Fwd PE 20.79
FCX Price Earnings VS Forward Price EarningsFCX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FCX is valued a bit cheaper than the industry average as 74.68% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, FCX is valued a bit cheaper than 69.62% of the companies in the same industry.
Industry RankSector Rank
P/FCF 54.35
EV/EBITDA 10.67
FCX Per share dataFCX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The 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 33.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
PEG (5Y)1.32
EPS Next 2Y48.5%
EPS Next 3Y33.85%

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

5

5. FCX Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.07%, FCX has a reasonable but not impressive dividend return.
  • FCX's Dividend Yield is a higher than the industry average which is at 1.21.
  • With a Dividend Yield of 1.07, FCX pays less dividend than the S&P500 average, which is at 1.88.
Industry RankSector Rank
Dividend Yield 1.07%

5.2 History

  • The dividend of FCX is nicely growing with an annual growth rate of 64.36%!
  • 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
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

  • FCX pays out 39.59% of its income as dividend. This is a sustainable payout ratio.
DP39.59%
EPS Next 2Y48.5%
EPS Next 3Y33.85%
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 (4/2/2026, 5:55:18 PM)

After market: 61.34 -0.04 (-0.07%)

61.38

+0.18 (+0.29%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)04-16
Inst Owners88.64%
Inst Owner Change1.92%
Ins Owners0.64%
Ins Owner Change-1.21%
Market Cap88.22B
Revenue(TTM)25.91B
Net Income(TTM)2.19B
Analysts80
Price Target68.67 (11.88%)
Short Float %2.06%
Short Ratio1.42
Dividend
Industry RankSector Rank
Dividend Yield 1.07%
Yearly Dividend0.6
Dividend Growth(5Y)64.36%
DP39.59%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-15
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)2.65%
PT rev (3m)34.51%
EPS NQ rev (1m)-0.9%
EPS NQ rev (3m)10.03%
EPS NY rev (1m)10.47%
EPS NY rev (3m)33.22%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)-4.29%
Revenue NY rev (1m)0.73%
Revenue NY rev (3m)6.93%
Valuation
Industry RankSector Rank
PE 35.07
Fwd PE 20.79
P/S 3.4
P/FCF 54.35
P/OCF 15.72
P/B 4.67
P/tB 4.67
EV/EBITDA 10.67
EPS(TTM)1.75
EY2.85%
EPS(NY)2.95
Fwd EY4.81%
FCF(TTM)1.13
FCFY1.84%
OCF(TTM)3.9
OCFY6.36%
SpS18.03
BVpS13.15
TBVpS13.15
PEG (NY)0.51
PEG (5Y)1.32
Graham Number22.75
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 2.35
F-Score6
WACC12.61%
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)19.05%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%51.61%
EPS Next Y68.71%
EPS Next 2Y48.5%
EPS Next 3Y33.85%
EPS Next 5Y-0.85%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%
Revenue Next Year14.04%
Revenue Next 2Y16.27%
Revenue Next 3Y11.28%
Revenue Next 5Y4.46%
EBIT growth 1Y-5.64%
EBIT growth 3Y-2.21%
EBIT growth 5Y24.25%
EBIT Next Year90.94%
EBIT Next 3Y38.23%
EBIT Next 5Y9.28%
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 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.


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 35.07 and the Price/Book (PB) ratio is 4.67.


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 68.71% in the next year.