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FREEPORT-MCMORAN INC FCX

NYSE · stock · Metal Mining · website · IPO 1988-05-05 · LEI

FREEPORT-MCMORAN INC statistics & valuation

P / S3.5×
P / B2.9×
Net debt$5.6B
Net debt / EBITDA0.6×
Enterprise value USD$95.3B
EV / EBITDA10.9×
Earnings yield EBIT/EV6.8%
Return on capital12.5%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-18.40% 22.50% 25.10% 7.60% 17.20% 36.60% 30.20% 27.20% 27.00% 25.20% 2016201720182019202020212022202320242025
Return on equity (%)
2016201720182019202020212022202320242025
Shares outstanding
1.32B 1.45B 1.46B 1.45B 1.46B 1.48B 1.45B 1.44B 1.45B 1.44B 2016201720182019202020212022202320242025
Net debt ($)
$10.55B $7.29B $6.92B $7.81B $6.05B $1.38B $2.47B $4.66B $5.03B $5.55B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
1.60× 1.05× 0.62× 0.56× 0.52× 0.41× 0.43× 0.35× 0.31× 0.30× 2016201720182019202020212022202320242025
EPS ($)
-$3.16 $1.25 $1.78 -$0.17 $0.41 $2.90 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FREEPORT-MCMORAN INC trades at about 23.9× earnings — above its 10-year norm (10-year range 6.5×–65.6×, median 12.3×).

6.5× 65.6×

Shaded band = 10-year range (6.5×–65.6×); dot = today's 23.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin25.2%27.0%27.2%30.2%36.6%17.2%7.6%25.1%22.5%-18.4%
Debt / equity0.30×0.31×0.35×0.43×0.41×0.52×0.56×0.62×1.05×1.60×
Current ratio2.292.422.422.462.522.722.473.142.162.45

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.