Freeport-McMoRan FCX
- Market cap
- $93.6B
- PE
- 32.1×
- 9y median 24.4×
- Forward PE
- 16.5×
- 10y median 19.8×
- Price to sales
- 3.6×
- EV/EBIT
- 15.9×
- Revenue, 12 months
- $25.9B
- +0% on a year ago
- Net margin
- 18.9%
- Free cash flow yield
- 1.9%
Freeport-McMoRan trades at 32.1× trailing earnings, pricier than 69% of the last ten years. Revenue was $25.9B over the last twelve months, up 0% on a year earlier with a 19% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $5.8B+16% | $5.9B+3% | $6.3B+17% | $6.6B+16% | $6.8B+17% | $5.7B−3% | $5.7B−9% | $7.6B+15% | $7B+3% | $5.6B−2% | $6.2B+9% | $7B−7% | |
| Cost of revenue | $4.1B+5% | $3.9B−2% | $4.4B+25% | $4.4B+7% | $4.7B+15% | $4.3B+9% | $4.2B−5% | $5B+13% | $4.8B+3% | $4.6B+8% | $4.6B+9% | $4.8B−2% |
| Gross profit | $1.7B+57% | $2B+13% | $1.9B+3% | $2.2B+37% | $2.1B+22% | $1.4B−27% | $1.5B−20% | $2.6B+18% | $2.1B+1% | $1B−29% | $1.7B+10% | $2.2B−17% |
| SG&A | $118M+20% | $120M+12% | $144M+14% | $123M+7% | $117M−1% | $129M+8% | $154M+7% | $127M+3% | $131M+12% | $133M+3% | $162M+5% | $135M+6% |
| $1.5B+55% | $1.7B+13% | $1.6B+2% | $2B+45% | $1.9B+30% | $1.2B−28% | $1.3B−20% | $2.4B+19% | $2B+2% | $811M−35% | $2.1B+64% | $2B−18% | |
| Interest expense | $96M−31% | $97M−29% | $89M−41% | $88M−49% | $72M−25% | $70M−28% | $70M−21% | $82M−7% | $107M+49% | $110M+57% | $114M+63% | $95M+16% |
| Pre-tax income | $1.5B+70% | $1.7B+13% | $1.7B+9% | $2B+60% | $2B+33% | $1.2B−28% | $1.3B−23% | $2.4B+18% | $1.9B−2% | $766M−38% | $2B+58% | $1.9B−19% |
| $508M+61% | $724M+30% | $512M+3% | $754M+40% | $737M+45% | $520M−28% | $500M−2% | $850M+13% | $669M−9% | $202M−61% | $653M+31% | $544M−36% | |
| Net income | $454M+12% | $2.3B+34% | $473M−29% | $616M+80% | $526M+16% | $2.8B+22% | $352M−26% | $772M+25% | $674M+28% | $2.4B−15% | $881M+150% | $984M+28% |
| $0.31+11% | $0.27−44% | $0.32−30% | $0.42+83% | $0.36+16% | $0.19−30% | $0.24−25% | $0.53+26% | $0.46+28% | $0.28+47% | $0.61+154% | $0.68+28% | |
| 1.4B+0% | 1.4B+0% | 1.4B+0% | 1.4B+0% | 1.4B+0% | 1.4B+0% | 1.4B+0% | 1.4B−0% | 1.4B−0% | 1.4B−0% | 1.4B+0% | 1.4B+0% |
Gross profit: 72 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 9 periods, Q2 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 3 periods, Q4 FY08 to Q4 FY15: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 9 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY10: share-days: the 12-month average over 365 days less the 9-month over 273, the two on one basis (x1.998). Q4 FY20: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $7.4B | $6.8B to $7.7B | $0.82 | $0.64 to $0.90 | 10 |
| Q4 FY26 | $9.2B | $7.1B to $11B | $1.17 | $0.73 to $1.60 | 9 |
| Q1 FY27 | $8.8B | $7.5B to $10.2B | $0.98 | $0.80 to $1.19 | 6 |
| Q2 FY27 | $8.9B | $7.6B to $10.3B | $1.01 | $0.82 to $1.22 | 3 |
| Q3 FY27 | $8.9B | $7.7B to $10.4B | $1.10 | $0.90 to $1.33 | 3 |
| Q4 FY27 | $9.2B | $7.9B to $10.7B | $1.15 | $0.94 to $1.39 | 6 |
| Q1 FY28 | $8.9B | $7.7B to $10.4B | $1.20 | $0.98 to $1.45 | 8 |
| Q2 FY28 | $8.9B | $7.7B to $10.4B | $1.19 | $0.97 to $1.44 | 4 |
Peers
Companies in Basic Materials nearest Freeport-McMoRan's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| FCXFreeport-McMoRan | $93.6B | 32.1× | 24.4× | 16.5× | 3.6× | +0% | 18.9% |
| JCIJohnson Controls International | $87.2B | 25.0× | 28.6× | 24.5× | 3.5× | +7% | 14.3% |
| SHWSherwin-Williams | $81.8B | 31.1× | 33.3× | 26.3× | 3.4× | +6% | 11.0% |
| ECLEcolab | $80.9B | 38.7× | 37.3× | 33.5× | 4.8× | +7% | 12.6% |
| NEMNewmont | $114.7B | 12.7× | 18.8× | 12.0× | 4.3× | +24% | 34.7% |
| APDAir Products and Chemicals | $68.4B | n/m | 28.1× | 21.6× | 5.4× | +5% | −0.4% |
| NUENucor | $58.6B | 20.6× | 12.1× | 11.8× | 1.6× | +17% | 8.0% |
| SCCOSouthern Copper | $154.4B | 24.3× | 24.5× | 24.2× | 9.0× | +39% | 37.2% |
| CRHCRH | $56.5B | 15.0× | 20.1× | n/m | 1.5× | +6% | 9.9% |
| LINLinde | $234.6B | 32.9× | 34.4× | 27.2× | 6.6× | +7% | 20.4% |
| STLDSteel Dynamics | $34.6B | 21.9× | 10.1× | 10.9× | 1.7× | +20% | 7.8% |
| Peer median | $81.4B | 24.3× | 26.3× | 24.2× | 3.9× | +7% | 11.8% |
Investors who own it
Investors we follow who held Freeport-McMoRan at the end of Jun 30, 2026, from their 13F filings.
- Baillie GiffordBaillie Gifford0.2% of portfoliotrimmed
More on Freeport-McMoRan
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #3of 21Materials stocks with the fastest expected revenue growth
- #4of 17Materials stocks with the lowest PEG ratio
- #8of 21Materials stocks with the lowest forward PE
Its groups
About
- Industry
- Copper
- Sector
- Basic Materials
Valuation data, not investment advice. Prices as of .