FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FCX - US35671D8570 - Common Stock
42.445 USD
+1.38 (+3.35%)
Taking everything into account, FCX scores 5 out of 10 in our fundamental rating. FCX was compared to 153 industry peers in the Metals & Mining industry. FCX has an average financial health and profitability rating. FCX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FCX was profitable.
FCX had a positive operating cash flow in the past year.
Each year in the past 5 years FCX has been profitable.
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 67.97% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.99%, FCX is in the better half of the industry, outperforming 77.12% 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 74.51% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FCX is below the industry average of 13.09%.
| 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 Profit Margin of 7.90%. This is in the better half of the industry: FCX outperforms 73.86% of its industry peers.
FCX's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 26.78%, FCX is doing good in the industry, outperforming 77.12% of the companies in the same industry.
FCX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 29.63%, FCX is in the better half of the industry, outperforming 67.32% of the companies in the same industry.
In the last couple of years the Gross Margin of FCX has grown nicely.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FCX is still creating some value.
Compared to 1 year ago, FCX has about the same amount of shares outstanding.
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.
2.2 Solvency
An Altman-Z score of 1.99 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.99, FCX is doing worse than 65.36% of the companies in the same industry.
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 71.90% 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.
With a Debt to Equity ratio value of 0.48, FCX is not doing good in the industry: 78.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.44 | ||
| Altman-Z | 1.99 |
ROIC/WACC0.97
WACC8.79%
2.3 Liquidity
A Current Ratio of 2.45 indicates that FCX has no problem at all paying its short term obligations.
FCX's Current ratio of 2.45 is in line compared to the rest of the industry. FCX outperforms 50.98% of its industry peers.
A Quick Ratio of 1.19 indicates that FCX should not have too much problems paying its short term obligations.
The Quick ratio of FCX (1.19) is worse than 62.75% of its industry peers.
| 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.
The Earnings Per Share has been growing by 136.19% on average over the past years. This is a very strong growth
Looking at the last year, FCX shows a small growth in Revenue. The Revenue has grown by 1.41% in the last 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 small growth in Earnings Per Share. The EPS will grow by 3.40% on average per year.
The Revenue is expected to grow by 4.14% on average over the next years.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FCX is valuated quite expensively with a Price/Earnings ratio of 26.69.
Compared to the rest of the industry, the Price/Earnings ratio of FCX indicates a somewhat cheap valuation: FCX is cheaper than 68.63% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FCX to the average of the S&P500 Index (25.98), we can say FCX is valued inline with the index average.
The Price/Forward Earnings ratio is 19.07, which indicates a rather expensive current valuation of FCX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FCX is on the same level as its industry peers.
FCX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.69 | ||
| Fwd PE | 19.07 |
4.2 Price Multiples
89.54% of the companies in the same industry are more expensive than FCX, based on the Enterprise Value to EBITDA ratio.
77.78% 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 | 29.09 | ||
| EV/EBITDA | 6.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FCX has a very decent profitability rating, which 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)11
PEG (5Y)0.2
EPS Next 2Y23.04%
EPS Next 3Y25.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.51%, FCX has a reasonable but not impressive dividend return.
FCX's Dividend Yield is a higher than the industry average which is at 2.72.
Compared to the average S&P500 Dividend Yield of 2.41, FCX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
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 2Y23.04%
EPS Next 3Y25.61%
NYSE:FCX (11/26/2025, 3:04:07 PM)
42.445
+1.38 (+3.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.03%
Inst Owner Change1.42%
Ins Owners0.65%
Ins Owner Change0.31%
Market Cap60.94B
Revenue(TTM)26.00B
Net Income(TTM)2.05B
Analysts77.78
Price Target48.8 (14.97%)
Short Float %1.48%
Short Ratio1.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
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)1.27%
PT rev (3m)-5.75%
EPS NQ rev (1m)5.11%
EPS NQ rev (3m)-52.09%
EPS NY rev (1m)4.97%
EPS NY rev (3m)-18.25%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-27.4%
Revenue NY rev (1m)2.03%
Revenue NY rev (3m)-7.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.69 | ||
| Fwd PE | 19.07 | ||
| P/S | 2.34 | ||
| P/FCF | 29.09 | ||
| P/OCF | 9.59 | ||
| P/B | 3.26 | ||
| P/tB | 3.26 | ||
| EV/EBITDA | 6.91 |
EPS(TTM)1.59
EY3.75%
EPS(NY)2.23
Fwd EY5.24%
FCF(TTM)1.46
FCFY3.44%
OCF(TTM)4.42
OCFY10.42%
SpS18.11
BVpS13.01
TBVpS13.01
PEG (NY)11
PEG (5Y)0.2
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 | 1.99 |
F-Score7
WACC8.79%
ROIC/WACC0.97
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 26.69 and the Price/Book (PB) ratio is 3.26.
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%.