Freeport-McMoRan Inc.

US$59.42As of Sun 8 Nov 2026, 12:00 UTC

NYSE:FCXMaterials

Country USA

PE (Fwd) •••

TSR 10Y CAGR 19.41%

Div yield 1.01%

ROE 15.72%

Copper

Beta (5Y) 1.37

PE TTM 24.97

TSR TTM 43.82%

Mkt cap US$85.26B

ROIC 13.83%

SE Grade™

Value

Quality

Moat

Consensus

Reference

$67

13.31%

105.79%

Hold 6|1|10|11|7

TTM

FYE 31 Dec USD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

18.14

Revenue$B

27.57

29.02

30.25

31.26

32.71

33.30

34.64

35.67

36.91

38.71

19.81

3.42%

3.79%

14.76

Revenue growth%

7.81

6.39

3.90

1.98

3.27

6.00

8.76

6.77

6.52

3.94

6.70

6.52

6.20

27.05

Gross margin%

24.78

23.05

21.30

22.85

24.48

23.76

20.91

22.75

20.16

19.39

19.38

20.91

22.80

12.63

Operating margin%

8.00

9.62

9.36

10.45

10.75

13.65

14.25

13.50

13.26

15.54

11.42

13.65

12.01

9.00

Net margin%

13.23

15.14

13.56

11.87

14.71

12.50

11.30

11.03

10.00

8.40

4.61

11.03

12.18

32.25

P/E ratio (avg)x

20.94

21.30

19.78

19.18

19.14

22.15

21.70

21.97

24.82

23.06

22.21

22.15

21.50

28.29

EV/EBITx

23.13

25.24

25.58

22.36

19.99

20.92

20.13

20.66

20.44

18.94

37.47

20.44

20.79

25.75

FCF yield (avg)%

13.58

13.90

15.69

15.12

15.66

14.46

13.46

12.64

15.52

13.52

3.80

13.52

14.18

17.98

FCF margin%

30.13

31.82

30.47

29.24

30.95

28.38

25.39

26.19

27.10

28.96

19.55

27.10

29.10

1.398

FCF / Net incomex

0.627

0.706

0.691

0.687

0.750

0.814

0.945

0.925

0.977

0.925

0.782

23.80

ROIC%

25.93

27.92

26.28

28.19

29.94

31.96

33.15

30.76

31.65

32.94

18.09

31.96

30.35

8.32

Return on equity%

26.83

28.28

26.10

28.45

26.40

26.03

28.57

29.46

31.85

32.55

26.79

29.46

28.37

22.55

Return on assets%

16.34

19.04

22.03

21.29

18.64

20.18

22.02

19.89

20.45

21.18

3.58

20.45

20.32

4.28

EPS$

9.51

10.89

12.39

11.91

11.59

12.47

13.61

14.34

13.75

15.69

4.44

6.24%

5.65%

—

22.10

EPS growth%

1.34

0.72

0.40

1.72

0.40

1.58

2.46

2.58

4.03

22.26

2.46

1.46

4.89

Bookvalue per sh$

1.32

1.49

1.68

1.86

1.81

2.14

2.12

2.52

2.97

3.39

1.36

13.40%

9.86%

—

2.81

FCF per share$

4.60

4.58

4.31

4.18

4.67

4.36

4.71

4.88

4.50

4.52

2.62

(0.65%)

0.98%

—

2.89

Dividend per sh$

8.55

9.21

10.42

11.88

13.44

16.11

16.49

17.33

19.92

22.35

1.51

10.71%

11.56%

—

16.61

Div yield (avg)%

3.22

5.80

5.12

3.93

2.17

0.79

2.44

1.41

0.40

1.59

7.12

1.41

2.31

9.20

Payout ratio%

18.53

18.12

15.75

13.15

11.95

10.47

11.12

10.98

13.44

15.98

3.88

11.12

13.30

1.419

Shares (diluted)B

1.488

1.419

1.340

1.251

1.259

1.450

1.433

1.541

1.485

1.646

1.418

5.50%

1.47%

2.83

Buyback yield%

31.55

34.53

35.65

38.02

37.21

35.14

34.86

36.97

37.66

38.68

4.47

36.97

36.31

0.419

D/E ratiox

0.322

0.351

0.304

0.279

0.295

0.324

0.288

0.293

0.274

0.289

0.917

0.289

0.294

14.74

Enterprise value$B

44.79

41.71

38.08

42.09

45.36

41.83

37.31

39.29

37.97

39.83

10.26

(2.57%)

(1.81%)

36.36

LT debt$B

42.53

44.46

46.93

52.75

55.53

62.58

72.41

83.68

85.59

81.65

16.15

8.02%

7.08%

Peers (US$85.26B)

Cap (US$)

Southern Copper…

142.7B

22.66x

Nucor Corporation

55.58B

15.62x

Steel Dynamics, Inc.

31.70B

16.49x

Grupo México, S.A.B.…

91.60B

12.94x

Capital

TTM

10Y

Leveragex

4.077

(0.092)

(0.061)

EBIT/Intx

1.131

0.436

0.474

Own earn%

96.56

(55.57)

(55.94)

Sh yield%

19.45

38.06

38.88

Owners

Insiders/Inst%

11.59

22.07

Short interest%

5.01

SBC / revenue%

5.75

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

8–16

$1 testx

—

Incr. ROIC%

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America and Indonesia, primarily exploring for copper, gold, molybdenum, silver and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita and Miami in Arizona; Chino and Tyrone in New Mexico; Henderson and Climax in Colorado; Cerro Verde in Peru; and El Abra in Chile.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$38.71B

3.79%

1.00×

Cost of revenue

$27.09B

3.79%

1.00×

Operating expenses

$8.085B

3.95%

1.02×