FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:FCX • US35671D8570
60.23 USD
-4.9 (-7.52%)
At close: Jan 30, 2026
58.93 USD
-1.3 (-2.16%)
Pre-Market: 2/2/2026, 6:02:06 AM
Overall FCX gets a fundamental rating of 5 out of 10. We evaluated FCX against 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 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.
- 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 3.76%, FCX is in the better half of the industry, outperforming 69.43% of the companies in the same industry.
- With a decent Return On Equity value of 11.56%, FCX is doing good in the industry, outperforming 78.98% of the companies in the same industry.
- The Return On Invested Capital of FCX (8.04%) is better than 71.34% of its industry peers.
- FCX had an Average Return On Invested Capital over the past 3 years of 8.59%. This is in line with the industry average of 10.48%.
| 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 Profit Margin of 8.43%. This is in the better half of the industry: FCX outperforms 73.25% of its industry peers.
- In the last couple of years the Profit Margin of FCX has grown nicely.
- Looking at the Operating Margin, with a value of 25.16%, FCX is in the better half of the industry, outperforming 74.52% of the companies in the same industry.
- FCX's Operating Margin has improved in the last couple of years.
- FCX has a better Gross Margin (28.16%) than 64.97% of its industry peers.
- In the last couple of years the Gross Margin of FCX has grown nicely.
| 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.
- FCX has about the same amout of shares outstanding than it did 1 year ago.
- 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 2.33 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- FCX's Altman-Z score of 2.33 is on the low side compared to the rest of the industry. FCX is outperformed by 68.15% of its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 6.40, FCX is in the better half of the industry, outperforming 66.24% of the companies in the same industry.
- A Debt/Equity ratio of 0.53 indicates that FCX is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.53, FCX is not doing good in the industry: 75.80% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 6.4 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.77
WACC10.38%
2.3 Liquidity
- A Current Ratio of 2.29 indicates that FCX has no problem at all paying its short term obligations.
- FCX has a Current ratio (2.29) which is in line with its industry peers.
- A Quick Ratio of 1.05 indicates that FCX should not have too much problems paying its short term obligations.
- FCX has a worse Quick ratio (1.05) than 66.88% of its industry peers.
| 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.
- FCX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.51% yearly.
- Looking at the last year, FCX shows a small growth in Revenue. The Revenue has grown by 1.81% in the last 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
- The Earnings Per Share is expected to grow by 3.82% on average over the next years.
- FCX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.76% yearly.
EPS Next Y42.96%
EPS Next 2Y35.34%
EPS Next 3Y19.85%
EPS Next 5Y3.82%
Revenue Next Year10.07%
Revenue Next 2Y12.6%
Revenue Next 3Y9.96%
Revenue Next 5Y4.76%
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
- A Price/Earnings ratio of 34.42 indicates a quite expensive valuation of FCX.
- Based on the Price/Earnings ratio, FCX is valued a bit cheaper than the industry average as 68.15% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.32. FCX is valued slightly more expensive when compared to this.
- The Price/Forward Earnings ratio is 24.08, which indicates a rather expensive current valuation of FCX.
- The rest of the industry has a similar Price/Forward Earnings ratio as FCX.
- FCX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.42 | ||
| Fwd PE | 24.08 |
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 80.25% of the companies listed in the same industry.
- 71.97% of the companies in the same industry are more expensive than FCX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.29 | ||
| EV/EBITDA | 10.62 |
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.
- A more expensive valuation may be justified as FCX's earnings are expected to grow with 19.85% in the coming years.
PEG (NY)0.8
PEG (5Y)1.3
EPS Next 2Y35.34%
EPS Next 3Y19.85%
5. Dividend
5.1 Amount
- FCX has a yearly dividend return of 0.92%, which is pretty low.
- FCX's Dividend Yield is a higher than the industry average which is at 1.02.
- With a Dividend Yield of 0.92, FCX pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.92% |
5.2 History
- The dividend of FCX is nicely growing with an annual growth rate of 64.36%!
- FCX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)64.36%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- FCX pays out 39.59% of its income as dividend. This is a sustainable payout ratio.
- FCX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.59%
EPS Next 2Y35.34%
EPS Next 3Y19.85%
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 42.96% in the next year.