Freeport-McMoRan Statistics
Total Valuation
FCX has a market cap or net worth of $53.14 billion. The enterprise value is $58.96 billion.
| Market Cap | 53.14B |
| Enterprise Value | 58.96B |
Important Dates
The last earnings date was Thursday, January 23, 2025, before market open.
| Earnings Date | Jan 23, 2025 |
| Ex-Dividend Date | Jan 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 (%) | 84.25% |
| Float | 1.43B |
Valuation Ratios
The trailing PE ratio is 28.45 and the forward PE ratio is 22.54. FCX's PEG ratio is 0.84.
| PE Ratio | 28.45 |
| Forward PE | 22.54 |
| PS Ratio | 2.09 |
| Forward PS | 2.02 |
| PB Ratio | 3.02 |
| P/TBV Ratio | 3.10 |
| P/FCF Ratio | 22.59 |
| P/OCF Ratio | 7.42 |
| PEG Ratio | 0.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.18, with an EV/FCF ratio of 25.07.
| EV / Earnings | 31.31 |
| EV / Sales | 2.32 |
| EV / EBITDA | 6.18 |
| EV / EBIT | 8.49 |
| EV / FCF | 25.07 |
Financial Position
The company has a current ratio of 2.42, with a Debt / Equity ratio of 0.34.
| Current Ratio | 2.42 |
| Quick Ratio | 0.92 |
| Debt / Equity | 0.34 |
| Debt / EBITDA | 1.00 |
| Debt / FCF | 4.14 |
| Interest Coverage | 21.76 |
Financial Efficiency
Return on equity (ROE) is 15.69% and return on invested capital (ROIC) is 11.46%.
| Return on Equity (ROE) | 15.69% |
| Return on Assets (ROA) | 8.08% |
| Return on Invested Capital (ROIC) | 11.46% |
| Return on Capital Employed (ROCE) | 14.06% |
| Revenue Per Employee | $893,158 |
| Profits Per Employee | $66,070 |
| Employee Count | 28,500 |
| Asset Turnover | 0.47 |
| Inventory Turnover | 2.39 |
Taxes
In the past 12 months, FCX has paid $2.52 billion in taxes.
| Income Tax | 2.52B |
| Effective Tax Rate | 36.45% |
Stock Price Statistics
The stock price has decreased by -3.04% in the last 52 weeks. The beta is 1.85, so FCX's price volatility has been higher than the market average.
| Beta (5Y) | 1.85 |
| 52-Week Price Change | -3.04% |
| 50-Day Moving Average | 38.85 |
| 200-Day Moving Average | 44.90 |
| Relative Strength Index (RSI) | 42.56 |
| Average Volume (20 Days) | 15,250,785 |
Short Selling Information
The latest short interest is 20.83 million, so 1.45% of the outstanding shares have been sold short.
| Short Interest | 20.83M |
| Short Previous Month | 26.09M |
| Short % of Shares Out | 1.45% |
| Short % of Float | 1.46% |
| Short Ratio (days to cover) | 1.46 |
Income Statement
In the last 12 months, FCX had revenue of $25.46 billion and earned $1.88 billion in profits. Earnings per share was $1.30.
| Revenue | 25.46B |
| Gross Profit | 10.07B |
| Operating Income | 6.94B |
| Pretax Income | 4.43B |
| Net Income | 1.88B |
| EBITDA | 9.54B |
| EBIT | 6.94B |
| Earnings Per Share (EPS) | $1.30 |
Balance Sheet
The company has $3.92 billion in cash and $9.74 billion in debt, giving a net cash position of -$5.82 billion or -$4.05 per share.
| Cash & Cash Equivalents | 3.92B |
| Total Debt | 9.74B |
| Net Cash | -5.82B |
| Net Cash Per Share | -$4.05 |
| Equity (Book Value) | 28.78B |
| Book Value Per Share | 12.23 |
| Working Capital | 7.80B |
Cash Flow
In the last 12 months, operating cash flow was $7.16 billion and capital expenditures -$4.81 billion, giving a free cash flow of $2.35 billion.
| Operating Cash Flow | 7.16B |
| Capital Expenditures | -4.81B |
| Free Cash Flow | 2.35B |
| FCF Per Share | $1.64 |
Margins
Gross margin is 39.55%, with operating and profit margins of 27.27% and 7.42%.
| Gross Margin | 39.55% |
| Operating Margin | 27.27% |
| Pretax Margin | 27.19% |
| Profit Margin | 7.42% |
| EBITDA Margin | 37.46% |
| EBIT Margin | 27.27% |
| FCF Margin | 9.24% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 1.62%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 1.62% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 46.15% |
| Buyback Yield | -0.14% |
| Shareholder Yield | 1.48% |
| Earnings Yield | 3.54% |
| FCF Yield | 4.43% |
Analyst Forecast
The average price target for FCX is $52.17, which is 41.08% higher than the current price. The consensus rating is "Buy".
| Price Target | $52.17 |
| Price Target Difference | 41.08% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | -1.87% |
| EPS Growth Forecast (5Y) | 3.92% |
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 2.54 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.54 |
| Piotroski F-Score | 6 |