FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FCX - US35671D8570 - Common Stock
58.71 USD
-1.25 (-2.08%)
58.58 USD
-0.13 (-0.22%)
We assign a fundamental rating of 5 out of 10 to FCX. FCX was compared to 156 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year FCX was profitable.
- In the past year FCX had a positive cash flow from operations.
- Each year in the past 5 years FCX has been profitable.
- FCX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FCX has a Return On Assets of 3.61%. This is in the better half of the industry: FCX outperforms 68.59% of its industry peers.
- Looking at the Return On Equity, with a value of 10.99%, FCX is in the better half of the industry, outperforming 78.21% of the companies in the same industry.
- FCX has a Return On Invested Capital of 8.53%. This is in the better half of the industry: FCX outperforms 73.72% of its industry peers.
- FCX had an Average Return On Invested Capital over the past 3 years of 9.07%. This is in line with the industry average of 10.26%.
| 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 73.72% of its industry peers.
- FCX's Profit Margin has declined in the last couple of years.
- The Operating Margin of FCX (26.78%) is better than 75.64% of its industry peers.
- In the last couple of years the Operating Margin of FCX has grown nicely.
- With a decent Gross Margin value of 29.63%, FCX is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- 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 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.
- FCX has a better debt/assets ratio than last year.
2.2 Solvency
- FCX has an Altman-Z score of 2.39. 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.
- FCX has a worse Altman-Z score (2.39) than 65.38% 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.
- With a decent Debt to FCF ratio value of 4.44, FCX is doing good in the industry, outperforming 70.51% 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.
- The Debt to Equity ratio of FCX (0.48) is worse than 74.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.44 | ||
| Altman-Z | 2.39 |
ROIC/WACC0.87
WACC9.77%
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's Current ratio of 2.45 is in line compared to the rest of the industry. FCX outperforms 51.92% of its industry peers.
- A Quick Ratio of 1.19 indicates that FCX should not have too much problems paying its short term obligations.
- FCX has a worse Quick ratio (1.19) than 60.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 11.19% 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 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
- Based on estimates for the next years, FCX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.94% on average per year.
- The Revenue is expected to grow by 4.10% on average over the next years.
EPS Next Y2.72%
EPS Next 2Y22.78%
EPS Next 3Y26.05%
EPS Next 5Y10.94%
Revenue Next Year-0.8%
Revenue Next 2Y3.42%
Revenue Next 3Y7.29%
Revenue Next 5Y4.1%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
- FCX is valuated quite expensively with a Price/Earnings ratio of 36.92.
- 67.31% of the companies in the same industry are more expensive than FCX, based on the Price/Earnings ratio.
- FCX is valuated rather expensively when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 26.49, which means the current valuation is very expensive for FCX.
- FCX's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of FCX to the average of the S&P500 Index (24.29), we can say FCX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.92 | ||
| Fwd PE | 26.49 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FCX is valued cheaper than 83.97% of the companies 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 76.28% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.24 | ||
| EV/EBITDA | 9.64 |
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.
- 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 26.05% in the coming years.
PEG (NY)13.59
PEG (5Y)0.27
EPS Next 2Y22.78%
EPS Next 3Y26.05%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.00%, FCX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.96, FCX pays a bit more dividend than its industry peers.
- With a Dividend Yield of 1.00, FCX pays less dividend than the S&P500 average, which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
5.2 History
- The dividend of FCX is nicely growing with an annual growth rate of 24.59%!
- 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
- FCX pays out 42.13% of its income as dividend. 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 2Y22.78%
EPS Next 3Y26.05%
58.71
-1.25 (-2.08%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-23 2025-10-23/bmo
Earnings (Next)01-22 2026-01-22/bmo
Inst Owners85.97%
Inst Owner Change-0.18%
Ins Owners0.65%
Ins Owner Change-0.26%
Market Cap84.30B
Revenue(TTM)26.00B
Net Income(TTM)2.05B
Analysts79.26
Price Target56.35 (-4.02%)
Short Float %1.97%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
Yearly Dividend0.6
Dividend Growth(5Y)24.59%
DP42.13%
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)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)13.89%
PT rev (3m)16.92%
EPS NQ rev (1m)35.54%
EPS NQ rev (3m)31.84%
EPS NY rev (1m)0.92%
EPS NY rev (3m)-18.28%
Revenue NQ rev (1m)3.72%
Revenue NQ rev (3m)2.85%
Revenue NY rev (1m)0.83%
Revenue NY rev (3m)1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.92 | ||
| Fwd PE | 26.49 | ||
| P/S | 3.24 | ||
| P/FCF | 40.24 | ||
| P/OCF | 13.27 | ||
| P/B | 4.51 | ||
| P/tB | 4.51 | ||
| EV/EBITDA | 9.64 |
EPS(TTM)1.59
EY2.71%
EPS(NY)2.22
Fwd EY3.77%
FCF(TTM)1.46
FCFY2.49%
OCF(TTM)4.42
OCFY7.54%
SpS18.11
BVpS13.01
TBVpS13.01
PEG (NY)13.59
PEG (5Y)0.27
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 | 2.39 |
F-Score7
WACC9.77%
ROIC/WACC0.87
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-0.8%
Revenue Next 2Y3.42%
Revenue Next 3Y7.29%
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 of FREEPORT-MCMORAN INC (FCX) stock?
ChartMill assigns a valuation rating of 4 / 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 5 / 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 2.72% in the next year.