FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:FCX • US35671D8570
65.46 USD
+2.2 (+3.48%)
At close: Feb 11, 2026
65.49 USD
+0.03 (+0.05%)
After Hours: 2/11/2026, 8:20:57 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 scores excellent on profitability, 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
- 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.
- FCX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FCX has a better Return On Assets (3.76%) than 69.43% of its industry peers.
- 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.
- Looking at the Return On Invested Capital, with a value of 8.04%, FCX is in the better half of the industry, outperforming 71.34% of the companies in the same industry.
- 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 10.56%.
| 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
- With a decent Profit Margin value of 8.43%, FCX is doing good in the industry, outperforming 73.25% of the companies in the same industry.
- FCX's Profit Margin has improved in the last couple of years.
- 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.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FCX is destroying value.
- FCX has about the same amout of shares outstanding than it did 1 year ago.
- FCX has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, FCX has a worse debt to assets ratio.
2.2 Solvency
- FCX has an Altman-Z score of 2.40. 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.
- The Altman-Z score of FCX (2.40) is worse than 67.52% 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 | 2.4 |
ROIC/WACC0.74
WACC10.84%
2.3 Liquidity
- A Current Ratio of 2.29 indicates that FCX has no problem at all paying its short term obligations.
- The Current ratio of FCX (2.29) 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 68.15% 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.
- The Earnings Per Share has been growing by 26.51% on average over the past years. This is a very strong growth
- FCX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.81%.
- 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.
- Based on estimates for the next years, FCX will show a small growth in Revenue. The Revenue will grow by 4.76% on average per year.
EPS Next Y52.72%
EPS Next 2Y40.07%
EPS Next 3Y23.96%
EPS Next 5Y3.82%
Revenue Next Year12.77%
Revenue Next 2Y14.26%
Revenue Next 3Y9.92%
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
- FCX is valuated quite expensively with a Price/Earnings ratio of 37.41.
- 70.06% 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 28.23, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 24.49, which indicates a rather expensive current valuation of FCX.
- The rest of the industry has a similar Price/Forward Earnings ratio as FCX.
- The average S&P500 Price/Forward Earnings ratio is at 28.01. FCX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.41 | ||
| Fwd PE | 24.49 |
4.2 Price Multiples
- FCX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FCX is cheaper than 80.25% 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 72.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 57.91 | ||
| EV/EBITDA | 11.12 |
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.
- A more expensive valuation may be justified as FCX's earnings are expected to grow with 23.96% in the coming years.
PEG (NY)0.71
PEG (5Y)1.41
EPS Next 2Y40.07%
EPS Next 3Y23.96%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.01%, FCX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.03, FCX pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.79, FCX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
5.2 History
- On average, the dividend of FCX grows each year by 64.36%, which is quite nice.
- 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.
- 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%
65.46
+2.2 (+3.48%)
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 Change-1.06%
Ins Owners0.65%
Ins Owner Change-0.26%
Market Cap94.00B
Revenue(TTM)25.91B
Net Income(TTM)2.19B
Analysts79.26
Price Target62.23 (-4.93%)
Short Float %2.34%
Short Ratio1.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
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)21.89%
PT rev (3m)28.6%
EPS NQ rev (1m)7.19%
EPS NQ rev (3m)-4.95%
EPS NY rev (1m)20.6%
EPS NY rev (3m)20.1%
Revenue NQ rev (1m)-1.84%
Revenue NQ rev (3m)-13.02%
Revenue NY rev (1m)5.74%
Revenue NY rev (3m)2.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.41 | ||
| Fwd PE | 24.49 | ||
| P/S | 3.63 | ||
| P/FCF | 57.91 | ||
| P/OCF | 16.76 | ||
| P/B | 4.97 | ||
| P/tB | 4.97 | ||
| EV/EBITDA | 11.12 |
EPS(TTM)1.75
EY2.67%
EPS(NY)2.67
Fwd EY4.08%
FCF(TTM)1.13
FCFY1.73%
OCF(TTM)3.91
OCFY5.97%
SpS18.05
BVpS13.16
TBVpS13.16
PEG (NY)0.71
PEG (5Y)1.41
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 | 2.4 |
F-Score5
WACC10.84%
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 5Y3.82%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%
Revenue Next Year12.77%
Revenue Next 2Y14.26%
Revenue Next 3Y9.92%
Revenue Next 5Y4.76%
EBIT growth 1Y-5.64%
EBIT growth 3Y-2.59%
EBIT growth 5Y23.95%
EBIT Next Year76.34%
EBIT Next 3Y35.23%
EBIT Next 5Y14.62%
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.