Freeport-McMoRan Future Growth
Future criteria checks 2/6
Freeport-McMoRan is forecast to grow earnings and revenue by 19.1% and 5.5% per annum respectively. EPS is expected to grow by 20.9% per annum. Return on equity is forecast to be 17.9% in 3 years.
Key information
19.1%
Earnings growth rate
20.9%
EPS growth rate
| Metals and Mining earnings growth | 21.2% |
| Revenue growth rate | 5.5% |
| Future return on equity | 17.9% |
| Analyst coverage | Good |
| Last updated | 04 Nov 2024 |
Recent future growth updates
Recent updates
Investors Will Want Freeport-McMoRan's (NYSE:FCX) Growth In ROCE To Persist
Oct 21
Freeport's Stock Is Likely Fully-Priced At These Levels
Oct 09Investors Appear Satisfied With Freeport-McMoRan Inc.'s (NYSE:FCX) Prospects As Shares Rocket 26%
Oct 06Freeport-McMoRan: Exciting And Concerning At The Same Time
Sep 29Freeport-McMoRan: Revoking Dr. Copper's Honorary Ph.D.? (Technical Analysis)
Sep 03Freeport-McMoRan: Lowered FY2024 Guidance Implies Minimal Chance For Raised Dividends
Aug 26We Think Freeport-McMoRan (NYSE:FCX) Can Stay On Top Of Its Debt
Aug 09Freeport-McMoRan: Don't Get Stuck Focusing On Q2 Results
Jul 22The Return Trends At Freeport-McMoRan (NYSE:FCX) Look Promising
Jul 11An Intrinsic Calculation For Freeport-McMoRan Inc. (NYSE:FCX) Suggests It's 43% Undervalued
Jun 23Freeport-McMoRan: Supply/Demand Imbalance For Copper Already Priced In
Jun 10Shareholders Should Be Pleased With Freeport-McMoRan Inc.'s (NYSE:FCX) Price
Jun 09Freeport-McMoRan: AI Data Center Winner (Rating Upgrade)
May 11Freeport-McMoRan: Bold Management Guidance Warrants Taking Some Profits
Apr 27Results: Freeport-McMoRan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 26Freeport-McMoRan Is Overpriced
Apr 07Freeport-McMoRan: A Large High-Margin Copper-Focused Miner
Apr 01Freeport-McMoRan's Electrification Story Boosted By Mine Closure & Future's Rally
Mar 19Freeport-McMoRan (NYSE:FCX) Has More To Do To Multiply In Value Going Forward
Mar 15Freeport-McMoRan Inc.'s (NYSE:FCX) Earnings Haven't Escaped The Attention Of Investors
Feb 29Freeport-McMoRan: Where Copper Meets Opportunity
Feb 15Estimating The Fair Value Of Freeport-McMoRan Inc. (NYSE:FCX)
Jan 30We Think Freeport-McMoRan (NYSE:FCX) Is Taking Some Risk With Its Debt
Jan 15Freeport-McMoRan: Brace For More Pain On The Leading Copper Miner (Downgrade)
Jan 14Copper's Golden Ticket: Unveiling Freeport-McMoRan's Bull Case
Jan 05Freeport-McMoRan (NYSE:FCX) Has Announced A Dividend Of $0.15
Dec 29Time For Copper To Shine: The Case For Southern Copper And Freeport-McMoRan
Dec 13Freeport-McMoRan: Copper's Rally Helps, But Shares Near Fair Value
Dec 04Freeport-McMoRan (NYSE:FCX) Will Want To Turn Around Its Return Trends
Nov 17Freeport-McMoRan's Strong Assets Aren't Sufficient With Today's Prices
Nov 02Freeport-McMoRan - 2023: A Bit Of A Lost Year
Oct 22These 4 Measures Indicate That Freeport-McMoRan (NYSE:FCX) Is Using Debt Extensively
Oct 10Freeport-McMoRan Stock: Buckle Up For The Copper Surge
Oct 02Freeport-McMoRan (NYSE:FCX) Will Pay A Dividend Of $0.15
Sep 23Freeport-McMoRan: Irrational Beatdown Is Not Justified
Sep 01Estimating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)
Sep 01Freeport-McMoRan: Still A 'Hold'
Aug 17Freeport-McMoRan (NYSE:FCX) Might Be Having Difficulty Using Its Capital Effectively
Aug 14Freeport-McMoRan: Riding The Copper Boom, A Top Pick
Aug 01Freeport-McMoRan: Keeping My Bullish Call Before Earnings
Jul 18Freeport-McMoRan's (NYSE:FCX) Dividend Will Be $0.15
Jun 29Freeport-McMoRan: Declining Free Cash Flow Spells Trouble
Jun 23Here's Why Freeport-McMoRan (NYSE:FCX) Has A Meaningful Debt Burden
Jun 02Freeport-McMoRan Will Make Up A Sizable Part Of Future Energy Markets
May 23Calculating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)
May 14Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 28,993 | 3,849 | 6,092 | 8,751 | 13 |
| 12/31/2025 | 27,498 | 3,371 | 3,965 | 7,837 | 16 |
| 12/31/2024 | 26,039 | 2,091 | 2,743 | 7,417 | 15 |
| 9/30/2024 | 25,640 | 1,997 | 1,916 | 7,044 | N/A |
| 6/30/2024 | 24,674 | 1,924 | 1,518 | 6,408 | N/A |
| 3/31/2024 | 23,787 | 1,652 | 1,187 | 6,125 | N/A |
| 12/31/2023 | 22,855 | 1,842 | 455 | 5,279 | N/A |
| 9/30/2023 | 22,708 | 2,146 | 499 | 5,028 | N/A |
| 6/30/2023 | 21,887 | 2,096 | 363 | 4,550 | N/A |
| 3/31/2023 | 21,566 | 2,598 | 612 | 4,498 | N/A |
| 12/31/2022 | 22,780 | 3,461 | 1,670 | 5,139 | N/A |
| 9/30/2022 | 23,186 | 3,870 | 3,157 | 6,350 | N/A |
| 6/30/2022 | 24,266 | 4,866 | 4,659 | 7,557 | N/A |
| 3/31/2022 | 24,598 | 5,107 | 5,863 | 8,331 | N/A |
| 12/31/2021 | 22,845 | 4,299 | 5,600 | 7,715 | N/A |
| 9/30/2021 | 21,176 | 3,902 | 5,030 | 6,762 | N/A |
| 6/30/2021 | 18,944 | 2,833 | 4,407 | 6,034 | N/A |
| 3/31/2021 | 16,250 | 1,805 | 2,409 | 4,130 | N/A |
| 12/31/2020 | 14,198 | 596 | 1,056 | 3,017 | N/A |
| 9/30/2020 | 13,614 | -104 | -448 | 1,860 | N/A |
| 6/30/2020 | 12,916 | -641 | -1,691 | 847 | N/A |
| 3/31/2020 | 13,408 | -766 | -1,730 | 910 | N/A |
| 12/31/2019 | 14,402 | -245 | -1,170 | 1,482 | N/A |
| 9/30/2019 | 14,175 | 229 | -1,156 | 1,250 | N/A |
| 6/30/2019 | 15,930 | 996 | 21 | 2,273 | N/A |
| 3/31/2019 | 17,552 | 1,941 | 927 | 3,028 | N/A |
| 12/31/2018 | 18,628 | 2,613 | 1,892 | 3,863 | N/A |
| 9/30/2018 | 19,985 | 3,155 | 3,709 | 5,579 | N/A |
| 6/30/2018 | 19,387 | 2,873 | N/A | 5,515 | N/A |
| 3/31/2018 | 17,930 | 2,260 | N/A | 5,243 | N/A |
| 12/31/2017 | 16,403 | 1,751 | N/A | 4,666 | N/A |
| 9/30/2017 | 15,739 | 1,040 | N/A | 4,147 | N/A |
| 6/30/2017 | 15,306 | 1,008 | N/A | 3,944 | N/A |
| 3/31/2017 | 14,929 | 462 | N/A | 3,781 | N/A |
| 12/31/2016 | 14,830 | -3,901 | N/A | 3,737 | N/A |
| 9/30/2016 | 13,969 | -8,280 | N/A | 3,206 | N/A |
| 6/30/2016 | 13,474 | -12,364 | N/A | 3,048 | N/A |
| 3/31/2016 | 14,078 | -13,932 | N/A | 3,243 | N/A |
| 12/31/2015 | 14,607 | -12,251 | N/A | 3,220 | N/A |
| 9/30/2015 | 16,326 | -11,036 | N/A | 3,726 | N/A |
| 6/30/2015 | 18,640 | -6,643 | N/A | 4,830 | N/A |
| 3/31/2015 | 20,224 | -4,309 | N/A | 5,147 | N/A |
| 12/31/2014 | 20,001 | -1,423 | N/A | 5,631 | N/A |
| 9/30/2014 | 22,088 | 2,247 | N/A | 6,909 | N/A |
| 6/30/2014 | 22,557 | 2,517 | N/A | 6,861 | N/A |
| 3/31/2014 | 21,323 | 2,519 | N/A | 6,509 | N/A |
| 12/31/2013 | 20,921 | 2,658 | N/A | 6,139 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FCX's forecast earnings growth (19.1% per year) is above the savings rate (2.6%).
Earnings vs Market: FCX's earnings (19.1% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: FCX's earnings are forecast to grow, but not significantly.
Revenue vs Market: FCX's revenue (5.5% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: FCX's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FCX's Return on Equity is forecast to be low in 3 years time (17.9%).