FREEPORT-MCMORAN INC (FCX) Stock Fundamental Analysis

NYSE:FCX • US35671D8570

65.55 USD
+1.21 (+1.88%)
At close: Feb 23, 2026
65.8208 USD
+0.27 (+0.41%)
After Hours: 2/23/2026, 8:46:10 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, FCX scores 5 out of 10 in our fundamental rating. FCX was compared to 156 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.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • FCX had positive earnings in the past year.
  • FCX had a positive operating cash flow in the past year.
  • 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.
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

  • The Return On Assets of FCX (3.76%) is better than 69.23% of its industry peers.
  • The Return On Equity of FCX (11.56%) is better than 76.28% of its industry peers.
  • FCX has a Return On Invested Capital of 8.04%. This is in the better half of the industry: FCX outperforms 69.23% of its industry peers.
  • FCX had an Average Return On Invested Capital over the past 3 years of 8.59%. This is below the industry average of 11.13%.
Industry RankSector 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%
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

  • Looking at the Profit Margin, with a value of 8.43%, FCX is in the better half of the industry, outperforming 73.08% of the companies in the same industry.
  • FCX's Profit Margin has improved in the last couple of years.
  • The Operating Margin of FCX (25.16%) is better than 73.72% of its industry peers.
  • FCX's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 28.16%, FCX is doing good in the industry, outperforming 64.10% of the companies in the same industry.
  • 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-6.69%
OM growth 5Y9.9%
PM growth 3Y-17.59%
PM growth 5Y15.17%
GM growth 3Y-6.4%
GM growth 5Y7.56%
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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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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.
  • FCX has less shares outstanding than it did 5 years ago.
  • FCX has a worse debt/assets ratio than last year.
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

  • FCX has an Altman-Z score of 2.42. 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's Altman-Z score of 2.42 is on the low side compared to the rest of the industry. FCX is outperformed by 65.38% of its industry peers.
  • The Debt to FCF ratio of FCX is 6.40, which is on the high side as it means it would take FCX, 6.40 years of fcf income to pay off all of its debts.
  • FCX has a better Debt to FCF ratio (6.40) than 68.59% of its industry peers.
  • FCX has a Debt/Equity ratio of 0.53. This is a neutral value indicating FCX is somewhat dependend on debt financing.
  • FCX has a Debt to Equity ratio of 0.53. This is in the lower half of the industry: FCX underperforms 73.72% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 6.4
Altman-Z 2.42
ROIC/WACC0.74
WACC10.93%
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.
  • With a Current ratio value of 2.29, FCX perfoms like the industry average, outperforming 47.44% of the companies in the same 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.
  • With a Quick ratio value of 1.05, FCX is not doing good in the industry: 67.31% of the companies in the same industry are doing better.
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

5

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.
  • Measured over the past years, FCX shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.51% on average per year.
  • FCX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.81%.
  • Measured over the past years, FCX shows a quite strong growth in Revenue. The Revenue has been growing by 12.79% on average per year.
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

  • Based on estimates for the next years, FCX will show a small growth in Earnings Per Share. The EPS will grow by 8.00% on average per year.
  • FCX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.99% yearly.
EPS Next Y52.72%
EPS Next 2Y40.07%
EPS Next 3Y23.96%
EPS Next 5Y8%
Revenue Next Year13.22%
Revenue Next 2Y14.5%
Revenue Next 3Y10.33%
Revenue Next 5Y4.99%

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.
  • 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.
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

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 37.46 indicates a quite expensive valuation of FCX.
  • FCX's Price/Earnings ratio is a bit cheaper when compared to the industry. FCX is cheaper than 67.95% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.64, FCX is valued a bit more expensive.
  • FCX is valuated rather expensively with a Price/Forward Earnings ratio of 24.53.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FCX is on the same level as its industry peers.
  • The average S&P500 Price/Forward Earnings ratio is at 27.75. FCX is around the same levels.
Industry RankSector Rank
PE 37.46
Fwd PE 24.53
FCX Price Earnings VS Forward Price EarningsFCX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FCX indicates a somewhat cheap valuation: FCX is cheaper than 76.92% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, FCX is valued a bit cheaper than the industry average as 69.87% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 57.99
EV/EBITDA 11.29
FCX Per share dataFCX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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.
  • FCX's earnings are expected to grow with 23.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)1.41
EPS Next 2Y40.07%
EPS Next 3Y23.96%

More info and screens

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

4

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.96%, FCX is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.98, FCX pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.96, FCX pays less dividend than the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 0.96%

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.
  • 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%
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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Find the best dividend stocksShow peers with best dividend

FREEPORT-MCMORAN INC

NYSE:FCX (2/23/2026, 8:46:10 PM)

After market: 65.8208 +0.27 (+0.41%)

65.55

+1.21 (+1.88%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)04-22
Inst Owners85.97%
Inst Owner Change1.96%
Ins Owners0.65%
Ins Owner Change-1.2%
Market Cap94.13B
Revenue(TTM)25.91B
Net Income(TTM)2.19B
Analysts77.86
Price Target62.23 (-5.06%)
Short Float %2.45%
Short Ratio1.74
Dividend
Industry RankSector Rank
Dividend Yield 0.96%
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)10.45%
PT rev (3m)27.52%
EPS NQ rev (1m)-0.45%
EPS NQ rev (3m)-1.1%
EPS NY rev (1m)6.83%
EPS NY rev (3m)20.1%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)-10.98%
Revenue NY rev (1m)2.87%
Revenue NY rev (3m)2.97%
Valuation
Industry RankSector Rank
PE 37.46
Fwd PE 24.53
P/S 3.63
P/FCF 57.99
P/OCF 16.78
P/B 4.98
P/tB 4.98
EV/EBITDA 11.29
EPS(TTM)1.75
EY2.67%
EPS(NY)2.67
Fwd EY4.08%
FCF(TTM)1.13
FCFY1.72%
OCF(TTM)3.91
OCFY5.96%
SpS18.05
BVpS13.16
TBVpS13.16
PEG (NY)0.71
PEG (5Y)1.41
Graham Number22.76
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)3.58%
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 RankSector 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 2.42
F-Score5
WACC10.93%
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 5Y8%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%
Revenue Next Year13.22%
Revenue Next 2Y14.5%
Revenue Next 3Y10.33%
Revenue Next 5Y4.99%
EBIT growth 1Y-5.64%
EBIT growth 3Y-2.59%
EBIT growth 5Y23.95%
EBIT Next Year76.34%
EBIT Next 3Y35.23%
EBIT Next 5Y14.35%
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.