Freeport-McMoRan Statistics
Total Valuation
FCX has a market cap or net worth of $62.79 billion. The enterprise value is $78.79 billion.
| Market Cap | 62.79B |
| Enterprise Value | 78.79B |
Important Dates
The last earnings date was Tuesday, October 22, 2024, before market open.
| Earnings Date | Oct 22, 2024 |
| Ex-Dividend Date | Oct 15, 2024 |
Share Statistics
FCX has 1.44 billion shares outstanding. The number of shares has increased by 0.17% in one year.
| Current Share Class | 1.44B |
| Shares Outstanding | 1.44B |
| Shares Change (YoY) | +0.17% |
| Shares Change (QoQ) | -0.07% |
| Owned by Insiders (%) | 0.48% |
| Owned by Institutions (%) | 85.53% |
| Float | 1.43B |
Valuation Ratios
The trailing PE ratio is 31.66 and the forward PE ratio is 24.14. FCX's PEG ratio is 0.97.
| PE Ratio | 31.66 |
| Forward PE | 24.14 |
| PS Ratio | 2.45 |
| Forward PS | 2.41 |
| PB Ratio | 3.58 |
| P/TBV Ratio | 3.58 |
| P/FCF Ratio | 32.77 |
| P/OCF Ratio | 8.91 |
| PEG Ratio | 0.97 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.96, with an EV/FCF ratio of 41.12.
| EV / Earnings | 39.47 |
| EV / Sales | 3.07 |
| EV / EBITDA | 7.96 |
| EV / EBIT | 10.65 |
| EV / FCF | 41.12 |
Financial Position
The company has a current ratio of 2.33, with a Debt / Equity ratio of 0.34.
| Current Ratio | 2.33 |
| Quick Ratio | 1.05 |
| Debt / Equity | 0.34 |
| Debt / EBITDA | 0.96 |
| Debt / FCF | 5.05 |
| Interest Coverage | 17.71 |
Financial Efficiency
Return on equity (ROE) is 16.87% and return on invested capital (ROIC) is 12.40%.
| Return on Equity (ROE) | 16.87% |
| Return on Assets (ROA) | 8.64% |
| Return on Capital (ROIC) | 12.40% |
| Revenue Per Employee | $942,647 |
| Profits Per Employee | $73,382 |
| Employee Count | 27,200 |
| Asset Turnover | 0.48 |
| Inventory Turnover | 2.43 |
Taxes
In the past 12 months, FCX has paid $2.73 billion in taxes.
| Income Tax | 2.73B |
| Effective Tax Rate | 36.79% |
Stock Price Statistics
The stock price has increased by +21.39% in the last 52 weeks. The beta is 1.91, so FCX's price volatility has been higher than the market average.
| Beta (5Y) | 1.91 |
| 52-Week Price Change | +21.39% |
| 50-Day Moving Average | 46.82 |
| 200-Day Moving Average | 46.31 |
| Relative Strength Index (RSI) | 40.74 |
| Average Volume (20 Days) | 10,891,776 |
Short Selling Information
The latest short interest is 23.58 million, so 1.64% of the outstanding shares have been sold short.
| Short Interest | 23.58M |
| Short Previous Month | 22.87M |
| Short % of Shares Out | 1.64% |
| Short % of Float | 1.65% |
| Short Ratio (days to cover) | 2.39 |
Income Statement
In the last 12 months, FCX had revenue of $25.64 billion and earned $2.00 billion in profits. Earnings per share was $1.38.
| Revenue | 25.64B |
| Gross Profit | 10.58B |
| Operating Income | 7.40B |
| Pretax Income | 4.43B |
| Net Income | 2.00B |
| EBITDA | 9.90B |
| EBIT | 7.40B |
| Earnings Per Share (EPS) | $1.38 |
Balance Sheet
The company has $5.00 billion in cash and $9.68 billion in debt, giving a net cash position of -$4.68 billion or -$3.26 per share.
| Cash & Cash Equivalents | 5.00B |
| Total Debt | 9.68B |
| Net Cash | -4.68B |
| Net Cash Per Share | -$3.26 |
| Equity (Book Value) | 28.87B |
| Book Value Per Share | 12.21 |
| Working Capital | 8.30B |
Cash Flow
In the last 12 months, operating cash flow was $7.04 billion and capital expenditures -$5.13 billion, giving a free cash flow of $1.92 billion.
| Operating Cash Flow | 7.04B |
| Capital Expenditures | -5.13B |
| Free Cash Flow | 1.92B |
| FCF Per Share | $1.33 |
Margins
Gross margin is 41.28%, with operating and profit margins of 28.87% and 7.81%.
| Gross Margin | 41.28% |
| Operating Margin | 28.87% |
| Pretax Margin | 28.91% |
| Profit Margin | 7.81% |
| EBITDA Margin | 38.61% |
| EBIT Margin | 28.87% |
| FCF Margin | 7.26% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 1.37%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 1.37% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | 43.48% |
| Buyback Yield | -0.17% |
| Shareholder Yield | 1.20% |
| Earnings Yield | 3.18% |
| FCF Yield | 3.05% |
Analyst Forecast
The average price target for FCX is $54.50, which is 24.71% higher than the current price. The consensus rating is "Buy".
| Price Target | $54.50 |
| Price Target Difference | 24.71% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 7.09% |
| EPS Growth Forecast (5Y) | n/a |
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 2.47 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.47 |
| Piotroski F-Score | 7 |