FREEPORT-MCMORAN INC (FCX) Fundamental Analysis & Valuation

NYSE:FCX • US35671D8570

Current stock price

56.38 USD
-2.83 (-4.78%)
At close:
56.3 USD
-0.08 (-0.14%)
After Hours:

This FCX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. FCX Profitability Analysis

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.
  • In the past 5 years FCX always reported a positive cash flow from operatings.
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

  • With a decent Return On Assets value of 3.76%, FCX is doing good in the industry, outperforming 68.15% of the companies in the same industry.
  • FCX has a Return On Equity of 11.56%. This is in the better half of the industry: FCX outperforms 75.16% of its industry peers.
  • The Return On Invested Capital of FCX (8.04%) is better than 68.79% of its industry peers.
  • FCX had an Average Return On Invested Capital over the past 3 years of 8.62%. This is below the industry average of 11.60%.
Industry RankSector Rank
ROA 3.76%
ROE 11.56%
ROIC 8.04%
ROA(3y)3.57%
ROA(5y)5.29%
ROE(3y)11.12%
ROE(5y)17.27%
ROIC(3y)8.62%
ROIC(5y)9.72%
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

  • FCX has a better Profit Margin (8.43%) than 73.25% of its industry peers.
  • FCX's Profit Margin has improved in the last couple of years.
  • FCX has a better Operating Margin (25.16%) than 73.89% of its industry peers.
  • FCX's Operating Margin has improved in the last couple of years.
  • FCX has a better Gross Margin (28.16%) than 63.69% of its industry peers.
  • In the last couple of years the Gross Margin of FCX has grown nicely.
Industry RankSector Rank
OM 25.16%
PM (TTM) 8.43%
GM 28.16%
OM growth 3Y-6.32%
OM growth 5Y10.16%
PM growth 3Y-17.67%
PM growth 5Y15.09%
GM growth 3Y-5.45%
GM growth 5Y8.21%
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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5

2. FCX Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FCX is destroying value.
  • The number of shares outstanding for FCX remains at a similar level compared to 1 year ago.
  • FCX has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, FCX has an improved debt to assets ratio.
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

  • An Altman-Z score of 2.25 indicates that FCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • FCX has a worse Altman-Z score (2.25) than 64.33% of its industry peers.
  • FCX has a debt to FCF ratio of 5.78. This is a neutral value as FCX would need 5.78 years to pay back of all of its debts.
  • FCX has a better Debt to FCF ratio (5.78) than 67.52% of its industry peers.
  • FCX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.47, FCX is doing worse than 70.70% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 5.78
Altman-Z 2.25
ROIC/WACC0.76
WACC10.55%
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.
  • FCX has a Current ratio (2.29) which is comparable to the rest of the industry.
  • 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 65.61% of its industry peers.
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

4

3. FCX Growth Analysis

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.
  • FCX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.81%.
  • FCX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.79% yearly.
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 decrease by -0.85% 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 4.46% on average per year.
EPS Next Y68.71%
EPS Next 2Y48.5%
EPS Next 3Y33.85%
EPS Next 5Y-0.85%
Revenue Next Year13.28%
Revenue Next 2Y15.64%
Revenue Next 3Y10.84%
Revenue Next 5Y4.46%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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 4

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5

4. FCX Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 32.22, the valuation of FCX can be described as expensive.
  • 67.52% of the companies in the same industry are more expensive than FCX, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 25.71. FCX is valued slightly more expensive when compared to this.
  • With a Price/Forward Earnings ratio of 19.10, FCX is valued on the expensive side.
  • 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 similar valuation than the S&P500 average which is at 23.83.
Industry RankSector Rank
PE 32.22
Fwd PE 19.1
FCX Price Earnings VS Forward Price EarningsFCX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 77.71% of the companies in the same industry are more expensive than FCX, based on the Enterprise Value to EBITDA ratio.
  • FCX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FCX is cheaper than 70.06% of the companies in the same industry.
Industry RankSector Rank
P/FCF 49.93
EV/EBITDA 9.88
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.
  • FCX has a very decent profitability rating, which may justify a higher PE ratio.
  • FCX's earnings are expected to grow with 33.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.47
PEG (5Y)1.22
EPS Next 2Y48.5%
EPS Next 3Y33.85%

More info and screens

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

5

5. FCX Dividend Analysis

5.1 Amount

  • FCX has a Yearly Dividend Yield of 1.01%. Purely for dividend investing, there may be better candidates out there.
  • FCX's Dividend Yield is a higher than the industry average which is at 1.08.
  • Compared to an average S&P500 Dividend Yield of 1.91, FCX's dividend is way lower than the S&P500 average.
Industry RankSector 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
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.
DP39.59%
EPS Next 2Y48.5%
EPS Next 3Y33.85%
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

More info and screens

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FCX Fundamentals: All Metrics, Ratios and Statistics

FREEPORT-MCMORAN INC

NYSE:FCX (3/13/2026, 8:24:32 PM)

After market: 56.3 -0.08 (-0.14%)

56.38

-2.83 (-4.78%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)04-22
Inst Owners88.64%
Inst Owner Change1.91%
Ins Owners0.64%
Ins Owner Change-1.21%
Market Cap81.03B
Revenue(TTM)25.91B
Net Income(TTM)2.19B
Analysts80
Price Target66.9 (18.66%)
Short Float %2.38%
Short Ratio1.69
Dividend
Industry RankSector 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
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)7.51%
PT rev (3m)35.23%
EPS NQ rev (1m)1.98%
EPS NQ rev (3m)19.24%
EPS NY rev (1m)10.47%
EPS NY rev (3m)40.95%
Revenue NQ rev (1m)-2.49%
Revenue NQ rev (3m)-3.04%
Revenue NY rev (1m)0.45%
Revenue NY rev (3m)7.79%
Valuation
Industry RankSector Rank
PE 32.22
Fwd PE 19.1
P/S 3.13
P/FCF 49.93
P/OCF 14.44
P/B 4.29
P/tB 4.29
EV/EBITDA 9.88
EPS(TTM)1.75
EY3.1%
EPS(NY)2.95
Fwd EY5.24%
FCF(TTM)1.13
FCFY2%
OCF(TTM)3.9
OCFY6.92%
SpS18.03
BVpS13.15
TBVpS13.15
PEG (NY)0.47
PEG (5Y)1.22
Graham Number22.75
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)3.57%
ROA(5y)5.29%
ROE(3y)11.12%
ROE(5y)17.27%
ROIC(3y)8.62%
ROIC(5y)9.72%
ROICexc(3y)9.42%
ROICexc(5y)11.26%
ROICexgc(3y)9.51%
ROICexgc(5y)11.38%
ROCE(3y)13.4%
ROCE(5y)15.12%
ROICexgc growth 3Y-10.93%
ROICexgc growth 5Y16.47%
ROICexc growth 3Y-10.86%
ROICexc growth 5Y16.53%
OM growth 3Y-6.32%
OM growth 5Y10.16%
PM growth 3Y-17.67%
PM growth 5Y15.09%
GM growth 3Y-5.45%
GM growth 5Y8.21%
F-Score6
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 5.78
Debt/EBITDA 1.02
Cap/Depr 177.67%
Cap/Sales 15.38%
Interest Coverage 25.46
Cash Conversion 64.02%
Profit Quality 74.28%
Current Ratio 2.29
Quick Ratio 1.05
Altman-Z 2.25
F-Score6
WACC10.55%
ROIC/WACC0.76
Cap/Depr(3y)199.7%
Cap/Depr(5y)173.83%
Cap/Sales(3y)17.68%
Cap/Sales(5y)15.37%
Profit Quality(3y)84.75%
Profit Quality(5y)87.44%
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y-10.37%
EPS 5Y26.51%
EPS Q2Q%51.61%
EPS Next Y68.71%
EPS Next 2Y48.5%
EPS Next 3Y33.85%
EPS Next 5Y-0.85%
Revenue 1Y (TTM)1.81%
Revenue growth 3Y4.39%
Revenue growth 5Y12.79%
Sales Q2Q%-1.52%
Revenue Next Year13.28%
Revenue Next 2Y15.64%
Revenue Next 3Y10.84%
Revenue Next 5Y4.46%
EBIT growth 1Y-5.64%
EBIT growth 3Y-2.21%
EBIT growth 5Y24.25%
EBIT Next Year90.94%
EBIT Next 3Y38.23%
EBIT Next 5Y9.28%
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 Fundamental Analysis 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 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 68.71% in the next year.