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FCX

Freeport-McMoRan NYSE:FCX Stock Report

Last Price

US$38.55

Market Cap

US$55.1b

7D

-3.1%

1Y

-0.4%

Updated

07 Dec, 2022

Data

Company Financials +
FCX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

FCX Stock Overview

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia.

Freeport-McMoRan Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Freeport-McMoRan
Historical stock prices
Current Share PriceUS$38.55
52 Week HighUS$51.99
52 Week LowUS$24.80
Beta1.99
1 Month Change11.90%
3 Month Change25.90%
1 Year Change-0.44%
3 Year Change200.23%
5 Year Change136.21%
Change since IPO214.69%

Recent News & Updates

Freeport-McMoRan's Long-Term Thesis Remains Intact

Nov 14

Copper, iron ore rally on ramped up hopes for China COVID reopening

Nov 04

Recent updates

Freeport-McMoRan (NYSE:FCX) Knows How To Allocate Capital Effectively

Oct 10
Freeport-McMoRan (NYSE:FCX) Knows How To Allocate Capital Effectively

Freeport-McMoRan Inc. (NYSE:FCX) Shares Could Be 34% Below Their Intrinsic Value Estimate

Sep 26
Freeport-McMoRan Inc. (NYSE:FCX) Shares Could Be 34% Below Their Intrinsic Value Estimate

Here's Why Freeport-McMoRan (NYSE:FCX) Can Manage Its Debt Responsibly

Sep 01
Here's Why Freeport-McMoRan (NYSE:FCX) Can Manage Its Debt Responsibly

Freeport-McMoRan (NYSE:FCX) Is Very Good At Capital Allocation

Jul 04
Freeport-McMoRan (NYSE:FCX) Is Very Good At Capital Allocation

Here's Why We Think Freeport-McMoRan (NYSE:FCX) Is Well Worth Watching

Jun 20
Here's Why We Think Freeport-McMoRan (NYSE:FCX) Is Well Worth Watching

Here's Why Freeport-McMoRan (NYSE:FCX) Can Manage Its Debt Responsibly

May 23
Here's Why Freeport-McMoRan (NYSE:FCX) Can Manage Its Debt Responsibly

Why Freeport-McMoRan (NYSE:FCX) may be Able to Maintain High Performance Despite a Market Pullback

Apr 25
Why Freeport-McMoRan (NYSE:FCX) may be Able to Maintain High Performance Despite a Market Pullback

We Like Freeport-McMoRan's (NYSE:FCX) Returns And Here's How They're Trending

Mar 23
We Like Freeport-McMoRan's (NYSE:FCX) Returns And Here's How They're Trending

Here's Why We Think Freeport-McMoRan (NYSE:FCX) Is Well Worth Watching

Mar 10
Here's Why We Think Freeport-McMoRan (NYSE:FCX) Is Well Worth Watching

Freeport-McMoRan (NYSE:FCX) Has A Pretty Healthy Balance Sheet

Feb 10
Freeport-McMoRan (NYSE:FCX) Has A Pretty Healthy Balance Sheet

Is Freeport-McMoRan Inc. (NYSE:FCX) Trading At A 49% Discount?

Jan 26
Is Freeport-McMoRan Inc. (NYSE:FCX) Trading At A 49% Discount?

There's Been No Shortage Of Growth Recently For Freeport-McMoRan's (NYSE:FCX) Returns On Capital

Dec 06
There's Been No Shortage Of Growth Recently For Freeport-McMoRan's (NYSE:FCX) Returns On Capital

Freeport-McMoRan (NYSE:FCX) Might be an Undervalued Inflationary Safe Haven

Oct 25
Freeport-McMoRan (NYSE:FCX) Might be an Undervalued Inflationary Safe Haven

Freeport-McMoRan (NYSE:FCX) Seems To Use Debt Quite Sensibly

Sep 10
Freeport-McMoRan (NYSE:FCX) Seems To Use Debt Quite Sensibly

Increases to Freeport-McMoRan Inc.'s (NYSE:FCX) CEO Compensation Might Cool off for now

Jun 02
Increases to Freeport-McMoRan Inc.'s (NYSE:FCX) CEO Compensation Might Cool off for now

Freeport-McMoRan Inc.'s (NYSE:FCX) Intrinsic Value Is Potentially 43% Above Its Share Price

May 18
Freeport-McMoRan Inc.'s (NYSE:FCX) Intrinsic Value Is Potentially 43% Above Its Share Price

Does Freeport-McMoRan (NYSE:FCX) Have A Healthy Balance Sheet?

Mar 30
Does Freeport-McMoRan (NYSE:FCX) Have A Healthy Balance Sheet?

Are You An Income Investor? Don't Miss Out On Freeport-McMoRan Inc. (NYSE:FCX)

Mar 15
Are You An Income Investor? Don't Miss Out On Freeport-McMoRan Inc. (NYSE:FCX)

Shareholder Returns

FCXUS Metals and MiningUS Market
7D-3.1%-1.1%-3.7%
1Y-0.4%2.9%-21.2%

Return vs Industry: FCX underperformed the US Metals and Mining industry which returned 2.9% over the past year.

Return vs Market: FCX exceeded the US Market which returned -21.2% over the past year.

Price Volatility

Is FCX's price volatile compared to industry and market?
FCX volatility
FCX Average Weekly Movement8.4%
Metals and Mining Industry Average Movement9.3%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: FCX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: FCX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198724,700Richard Adkersonhttps://fcx.com

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.

Freeport-McMoRan Inc. Fundamentals Summary

How do Freeport-McMoRan's earnings and revenue compare to its market cap?
FCX fundamental statistics
Market CapUS$55.10b
Earnings (TTM)US$3.87b
Revenue (TTM)US$23.19b

14.2x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FCX income statement (TTM)
RevenueUS$23.19b
Cost of RevenueUS$12.79b
Gross ProfitUS$10.40b
Other ExpensesUS$6.53b
EarningsUS$3.87b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.71
Gross Margin44.83%
Net Profit Margin16.69%
Debt/Equity Ratio44.2%

How did FCX perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

22%

Payout Ratio