(FCX) Freeport-McMoran Copper - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US35671D8570

Stock: Copper, Gold, Molybdenum, Silver

Total Rating 57
Risk 61
Buy Signal -0.96
Risk 5d forecast
Volatility 50.1%
Relative Tail Risk -2.88%
Reward TTM
Sharpe Ratio 1.11
Alpha 35.15
Character TTM
Beta 1.469
Beta Downside 1.996
Drawdowns 3y
Max DD 46.34%
CAGR/Max DD 0.39

EPS (Earnings per Share)

EPS (Earnings per Share) of FCX over the last years for every Quarter: "2021-03": 0.51, "2021-06": 0.77, "2021-09": 0.89, "2021-12": 0.96, "2022-03": 1.07, "2022-06": 0.58, "2022-09": 0.26, "2022-12": 0.52, "2023-03": 0.52, "2023-06": 0.35, "2023-09": 0.39, "2023-12": 0.27, "2024-03": 0.32, "2024-06": 0.46, "2024-09": 0.38, "2024-12": 0.31, "2025-03": 0.24, "2025-06": 0.54, "2025-09": 0.46, "2025-12": 0.28,

Revenue

Revenue of FCX over the last years for every Quarter: 2021-03: 4647, 2021-06: 5587, 2021-09: 6189, 2021-12: 5934, 2022-03: 6367, 2022-06: 6181, 2022-09: 5359, 2022-12: 5445, 2023-03: 5108, 2023-06: 5932, 2023-09: 5868, 2023-12: 5799, 2024-03: 6210, 2024-06: 6370, 2024-09: 6680, 2024-12: 5880, 2025-03: 5554, 2025-06: 7582, 2025-09: 6972, 2025-12: 5633,

Description: FCX Freeport-McMoran Copper March 04, 2026

Freeport-McMoRan Inc. (FCX) is a US-based mining company. It operates globally, with significant assets in North America, South America, and Indonesia.

The company primarily extracts copper, gold, and molybdenum. Copper is a key industrial metal, widely used in construction and electronics. Mining operations are capital-intensive and subject to commodity price fluctuations.

Key operational sites include the Grasberg district in Indonesia and several mines across Arizona, New Mexico, Colorado, Peru, and Chile. These locations represent a diversified portfolio of mineral resources.

For more detailed financial analysis and performance metrics, consider exploring ValueRays comprehensive data.

Headlines to watch out for

  • Global copper prices dictate revenue and profitability
  • Indonesian mining regulations impact production and costs
  • Gold price fluctuations influence overall earnings
  • Energy costs affect mining and processing expenses
  • Labor relations and strikes disrupt operations

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income: 2.20b TTM > 0 and > 6% of Revenue
FCF/TA: 0.10 > 0.02 and ΔFCF/TA 5.36 > 1.0
NWC/Revenue: 30.19% < 20% (prev 31.03%; Δ -0.84% < -1%)
CFO/TA 0.10 > 3% & CFO 5.61b > Net Income 2.20b
Net Debt (8.15b) to EBITDA (8.76b): 0.93 < 3
Current Ratio: 2.29 > 1.5 & < 3
Outstanding Shares: last quarter (1.44b) vs 12m ago -0.14% < -2%
Gross Margin: 26.98% > 18% (prev 0.29%; Δ 2669 % > 0.5%)
Asset Turnover: 45.55% > 50% (prev 45.84%; Δ -0.28% > 0%)
Interest Coverage Ratio: 17.65 > 6 (EBITDA TTM 8.76b / Interest Expense TTM 369.0m)

Altman Z'' 1.78

A: 0.13 (Total Current Assets 13.79b - Total Current Liabilities 6.02b) / Total Assets 58.17b
B: 0.02 (Retained Earnings 1.39b / Total Assets 58.17b)
C: 0.12 (EBIT TTM 6.51b / Avg Total Assets 56.51b)
D: 0.05 (Book Value of Equity 1.24b / Total Liabilities 27.40b)
Altman-Z'' Score: 1.78 = BBB

Beneish M -2.58

DSRI: 1.44 (Receivables 1.68b/1.14b, Revenue 25.74b/25.14b)
GMI: 1.06 (GM 26.98% / 28.59%)
AQI: 1.13 (AQ_t 0.06 / AQ_t-1 0.06)
SGI: 1.02 (Revenue 25.74b / 25.14b)
TATA: -0.06 (NI 2.20b - CFO 5.61b) / TA 58.17b)
Beneish M-Score: -2.58 (Cap -4..+1) = A

What is the price of FCX shares?

As of March 09, 2026, the stock is trading at USD 59.36 with a total of 25,906,317 shares traded.
Over the past week, the price has changed by -13.08%, over one month by -6.68%, over three months by +32.24% and over the past year by +74.45%.

Is FCX a buy, sell or hold?

Freeport-McMoran Copper has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy FCX.
  • StrongBuy: 8
  • Buy: 5
  • Hold: 6
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the FCX price?

Issuer Target Up/Down from current
Wallstreet Target Price 66.5 12%
Analysts Target Price 66.5 12%

FCX Fundamental Data Overview March 07, 2026

P/E Trailing = 39.0526
P/E Forward = 25.0
P/S = 3.292
P/B = 4.7651
P/EG = 4.0369
Revenue TTM = 25.74b USD
EBIT TTM = 6.51b USD
EBITDA TTM = 8.76b USD
Long Term Debt = 9.92b USD (from longTermDebt, last quarter)
Short Term Debt = 569.0m USD (from shortTermDebt, last quarter)
Debt = 11.50b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.15b USD (from netDebt column, last quarter)
Enterprise Value = 92.99b USD (85.31b + Debt 11.50b - CCE 3.82b)
Interest Coverage Ratio = 17.65 (Ebit TTM 6.51b / Interest Expense TTM 369.0m)
EV/FCF = 16.58x (Enterprise Value 92.99b / FCF TTM 5.61b)
FCF Yield = 6.03% (FCF TTM 5.61b / Enterprise Value 92.99b)
FCF Margin = 21.79% (FCF TTM 5.61b / Revenue TTM 25.74b)
Net Margin = 8.54% (Net Income TTM 2.20b / Revenue TTM 25.74b)
Gross Margin = 26.98% ((Revenue TTM 25.74b - Cost of Revenue TTM 18.80b) / Revenue TTM)
Gross Margin QoQ = 18.05% (prev 29.93%)
Tobins Q-Ratio = 1.60 (Enterprise Value 92.99b / Total Assets 58.17b)
Interest Expense / Debt = 0.96% (Interest Expense 110.0m / Debt 11.50b)
Taxrate = 26.37% (202.0m / 766.0m)
NOPAT = 4.80b (EBIT 6.51b * (1 - 26.37%))
Current Ratio = 2.29 (Total Current Assets 13.79b / Total Current Liabilities 6.02b)
Debt / Equity = 0.61 (Debt 11.50b / totalStockholderEquity, last quarter 18.90b)
Debt / EBITDA = 0.93 (Net Debt 8.15b / EBITDA 8.76b)
Debt / FCF = 1.45 (Net Debt 8.15b / FCF TTM 5.61b)
Total Stockholder Equity = 18.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.89% (Net Income 2.20b / Total Assets 58.17b)
RoE = 11.97% (Net Income TTM 2.20b / Total Stockholder Equity 18.37b)
RoCE = 23.02% (EBIT 6.51b / Capital Employed (Equity 18.37b + L.T.Debt 9.92b))
RoIC = 17.31% (NOPAT 4.80b / Invested Capital 27.70b)
WACC = 10.07% (E(85.31b)/V(96.81b) * Re(11.33%) + D(11.50b)/V(96.81b) * Rd(0.96%) * (1-Tc(0.26)))
Discount Rate = 11.33% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.03%
[DCF] Terminal Value 74.85% ; FCFF base≈4.31b ; Y1≈5.31b ; Y5≈9.05b
[DCF] Fair Price = 69.08 (EV 107.43b - Net Debt 8.15b = Equity 99.28b / Shares 1.44b; r=10.07% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -44.58 | EPS CAGR: -30.06% | SUE: -0.82 | # QB: 0
Revenue Correlation: 38.24 | Revenue CAGR: -3.21% | SUE: 0.53 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.64 | Chg7d=+0.090 | Chg30d=+0.100 | Revisions Net=+1 | Analysts=7
EPS current Year (2026-12-31): EPS=2.99 | Chg7d=+0.208 | Chg30d=+0.354 | Revisions Net=+6 | Growth EPS=+69.1% | Growth Revenue=+12.8%
EPS next Year (2027-12-31): EPS=3.58 | Chg7d=+0.091 | Chg30d=+0.275 | Revisions Net=+5 | Growth EPS=+19.5% | Growth Revenue=+16.5%
[Analyst] Revisions Ratio: +0.20 (3 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 8.8% (Discount Rate 11.3% - Earnings Yield 2.6%)
[Growth] Growth Spread = -22.3% (Analyst -13.5% - Implied 8.8%)

Additional Sources for FCX Stock

Fund Manager Positions: Dataroma | Stockcircle