Freeport-McMoRan Statistics
Total Valuation
FCX has a market cap or net worth of $69.81 billion. The enterprise value is $73.00 billion.
| Market Cap | 69.81B |
| Enterprise Value | 73.00B |
Important Dates
The next estimated earnings date is Thursday, July 18, 2024, before market open.
| Earnings Date | Jul 18, 2024 |
| Ex-Dividend Date | Jul 15, 2024 |
Share Statistics
FCX has 1.44 billion shares outstanding. The number of shares has increased by 0.07% in one year.
| Shares Outstanding | 1.44B |
| Shares Change (YoY) | +0.07% |
| Shares Change (QoQ) | +0.07% |
| Owned by Insiders (%) | 0.63% |
| Owned by Institutions (%) | 83.77% |
| Float | 1.43B |
Valuation Ratios
The trailing PE ratio is 43.01 and the forward PE ratio is 26.93. FCX's PEG ratio is 0.20.
| PE Ratio | 43.01 |
| Forward PE | 26.93 |
| PS Ratio | 2.93 |
| Forward PS | 2.73 |
| PB Ratio | 4.11 |
| P/FCF Ratio | 49.27 |
| PEG Ratio | 0.20 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.96, with an EV/FCF ratio of 51.51.
| EV / Earnings | 44.03 |
| EV / Sales | 3.07 |
| EV / EBITDA | 10.96 |
| EV / EBIT | 16.61 |
| EV / FCF | 51.51 |
Financial Position
The company has a current ratio of 2.35, with a Debt / Equity ratio of 0.56.
| Current Ratio | 2.35 |
| Quick Ratio | 1.23 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | 1.42 |
| Debt / FCF | 6.65 |
| Interest Coverage | 9.70 |
Financial Efficiency
Return on equity (ROE) is 10.00% and return on invested capital (ROIC) is 9.97%.
| Return on Equity (ROE) | 10.00% |
| Return on Assets (ROA) | 3.20% |
| Return on Capital (ROIC) | 9.97% |
| Revenue Per Employee | $874,522 |
| Profits Per Employee | $60,956 |
| Employee Count | 27,200 |
| Asset Turnover | 0.46 |
| Inventory Turnover | 2.32 |
Taxes
In the past 12 months, FCX has paid $2.28 billion in taxes.
| Income Tax | 2.28B |
| Effective Tax Rate | 57.93% |
Stock Price Statistics
The stock price has increased by +23.92% in the last 52 weeks. The beta is 1.96, so FCX's price volatility has been higher than the market average.
| Beta (5Y) | 1.96 |
| 52-Week Price Change | +23.92% |
| 50-Day Moving Average | 50.59 |
| 200-Day Moving Average | 42.31 |
| Relative Strength Index (RSI) | 44.37 |
| Average Volume (20 Days) | 12,385,404 |
Short Selling Information
The latest short interest is 25.93 million, so 1.80% of the outstanding shares have been sold short.
| Short Interest | 25.93M |
| Short Previous Month | 22.92M |
| Short % of Shares Out | 1.80% |
| Short % of Float | 1.82% |
| Short Ratio (days to cover) | 1.75 |
Income Statement
In the last 12 months, FCX had revenue of $23.79 billion and earned $1.66 billion in profits. Earnings per share was $1.13.
| Revenue | 23.79B |
| Gross Profit | 7.22B |
| Operating Income | 6.26B |
| Pretax Income | 3.94B |
| Net Income | 1.66B |
| EBITDA | 6.66B |
| EBIT | 4.39B |
| Earnings Per Share (EPS) | $1.13 |
Balance Sheet
The company has $6.24 billion in cash and $9.43 billion in debt, giving a net cash position of -$3.18 billion or -$2.22 per share.
| Cash & Cash Equivalents | 6.24B |
| Total Debt | 9.43B |
| Net Cash | -3.18B |
| Net Cash Per Share | -$2.22 |
| Equity (Book Value) | 16.97B |
| Book Value Per Share | 11.82 |
| Working Capital | 8.54B |
Cash Flow
In the last 12 months, operating cash flow was $6.13 billion and capital expenditures -$4.71 billion, giving a free cash flow of $1.42 billion.
| Operating Cash Flow | 6.13B |
| Capital Expenditures | -4.71B |
| Free Cash Flow | 1.42B |
| FCF Per Share | $0.99 |
Margins
Gross margin is 30.34%, with operating and profit margins of 26.31% and 6.97%.
| Gross Margin | 30.34% |
| Operating Margin | 26.31% |
| Pretax Margin | 16.57% |
| Profit Margin | 6.97% |
| EBITDA Margin | 27.99% |
| EBIT Margin | 18.47% |
| FCF Margin | 5.96% |
Dividends & Yields
This stock pays an annual dividend of $0.08, which amounts to a dividend yield of 0.15%.
| Dividend Per Share | $0.08 |
| Dividend Yield | 0.15% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | 6.64% |
| Buyback Yield | -0.07% |
| Shareholder Yield | 0.08% |
| Earnings Yield | 2.37% |
| FCF Yield | 2.03% |
Analyst Forecast
The average price target for FCX is $51.83, which is 6.65% higher than the current price. The consensus rating is "Buy".
| Price Target | $51.83 |
| Price Target Difference | 6.65% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| 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 2.46 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.46 |
| Piotroski F-Score | 6 |