Freeport-McMoRan Inc. (FCX)
Freeport-McMoRan Statistics
Total Valuation
FCX has a market cap or net worth of $59.76 billion. The enterprise value is $64.78 billion.
| Market Cap | 59.76B |
| Enterprise Value | 64.78B |
Important Dates
The next estimated earnings date is Tuesday, July 22, 2025, before market open.
| Earnings Date | Jul 22, 2025 |
| Ex-Dividend Date | Apr 15, 2025 |
Share Statistics
FCX has 1.44 billion shares outstanding. The number of shares has increased by 0.14% in one year.
| Current Share Class | 1.44B |
| Shares Outstanding | 1.44B |
| Shares Change (YoY) | +0.14% |
| Shares Change (QoQ) | -0.07% |
| Owned by Insiders (%) | 0.50% |
| Owned by Institutions (%) | 86.69% |
| Float | 1.43B |
Valuation Ratios
The trailing PE ratio is 34.11 and the forward PE ratio is 21.04. FCX's PEG ratio is 0.69.
| PE Ratio | 34.11 |
| Forward PE | 21.04 |
| PS Ratio | 2.41 |
| Forward PS | 2.12 |
| PB Ratio | 3.38 |
| P/TBV Ratio | 3.38 |
| P/FCF Ratio | 37.44 |
| P/OCF Ratio | 9.45 |
| PEG Ratio | 0.69 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.14, with an EV/FCF ratio of 40.59.
| EV / Earnings | 36.79 |
| EV / Sales | 2.61 |
| EV / EBITDA | 7.14 |
| EV / EBIT | 9.80 |
| EV / FCF | 40.59 |
Financial Position
The company has a current ratio of 2.32, with a Debt / Equity ratio of 0.32.
| Current Ratio | 2.32 |
| Quick Ratio | 0.96 |
| Debt / Equity | 0.32 |
| Debt / EBITDA | 1.01 |
| Debt / FCF | 5.89 |
| Interest Coverage | 22.03 |
Financial Efficiency
Return on equity (ROE) is 14.06% and return on invested capital (ROIC) is 10.85%.
| Return on Equity (ROE) | 14.06% |
| Return on Assets (ROA) | 7.50% |
| Return on Invested Capital (ROIC) | 10.85% |
| Return on Capital Employed (ROCE) | 13.20% |
| Revenue Per Employee | $872,351 |
| Profits Per Employee | $61,789 |
| Employee Count | 28,500 |
| Asset Turnover | 0.45 |
| Inventory Turnover | 2.34 |
Taxes
In the past 12 months, FCX has paid $2.51 billion in taxes.
| Income Tax | 2.51B |
| Effective Tax Rate | 38.39% |
Stock Price Statistics
The stock price has decreased by -17.41% in the last 52 weeks. The beta is 1.63, so FCX's price volatility has been higher than the market average.
| Beta (5Y) | 1.63 |
| 52-Week Price Change | -17.41% |
| 50-Day Moving Average | 38.52 |
| 200-Day Moving Average | 40.72 |
| Relative Strength Index (RSI) | 57.59 |
| Average Volume (20 Days) | 10,983,392 |
Short Selling Information
The latest short interest is 20.92 million, so 1.46% of the outstanding shares have been sold short.
| Short Interest | 20.92M |
| Short Previous Month | 22.54M |
| Short % of Shares Out | 1.46% |
| Short % of Float | 1.47% |
| Short Ratio (days to cover) | 1.84 |
Income Statement
In the last 12 months, FCX had revenue of $24.86 billion and earned $1.76 billion in profits. Earnings per share was $1.22.
| Revenue | 24.86B |
| Gross Profit | 9.56B |
| Operating Income | 6.61B |
| Pretax Income | 4.43B |
| Net Income | 1.76B |
| EBITDA | 9.08B |
| EBIT | 6.61B |
| Earnings Per Share (EPS) | $1.22 |
Balance Sheet
The company has $4.39 billion in cash and $9.40 billion in debt, giving a net cash position of -$5.02 billion or -$3.49 per share.
| Cash & Cash Equivalents | 4.39B |
| Total Debt | 9.40B |
| Net Cash | -5.02B |
| Net Cash Per Share | -$3.49 |
| Equity (Book Value) | 29.21B |
| Book Value Per Share | 12.31 |
| Working Capital | 7.86B |
Cash Flow
In the last 12 months, operating cash flow was $6.32 billion and capital expenditures -$4.73 billion, giving a free cash flow of $1.60 billion.
| Operating Cash Flow | 6.32B |
| Capital Expenditures | -4.73B |
| Free Cash Flow | 1.60B |
| FCF Per Share | $1.11 |
Margins
Gross margin is 38.46%, with operating and profit margins of 26.59% and 7.11%.
| Gross Margin | 38.46% |
| Operating Margin | 26.59% |
| Pretax Margin | 26.31% |
| Profit Margin | 7.11% |
| EBITDA Margin | 36.51% |
| EBIT Margin | 26.59% |
| FCF Margin | 6.42% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 1.44%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 1.44% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 49.18% |
| Buyback Yield | -0.14% |
| Shareholder Yield | 1.30% |
| Earnings Yield | 2.95% |
| FCF Yield | 2.67% |
Analyst Forecast
The average price target for FCX is $48.73, which is 17.11% higher than the current price. The consensus rating is "Buy".
| Price Target | $48.73 |
| Price Target Difference | 17.11% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 2.60% |
| EPS Growth Forecast (5Y) | 5.72% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on February 2, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Feb 2, 2011 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
FCX has an Altman Z-Score of 2.44 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.44 |
| Piotroski F-Score | 4 |