(FCX) Freeport-McMoran Copper - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US35671D8570
Copper, Gold, Molybdenum, Silver
Dividends
| Dividend Yield | 1.40% |
| Yield on Cost 5y | 2.56% |
| Yield CAGR 5y | 86.12% |
| Payout Consistency | 55.8% |
| Payout Ratio | 37.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 38.3% |
| Value at Risk 5%th | 59.7% |
| Relative Tail Risk | -5.20% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.23 |
| Alpha | -18.79 |
| CAGR/Max DD | 0.14 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.503 |
| Beta | 1.580 |
| Beta Downside | 1.767 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.34% |
| Mean DD | 17.47% |
| Median DD | 17.97% |
Description: FCX Freeport-McMoran Copper December 03, 2025
Freeport-McMoRan Inc. (FCX) is a U.S.-based mining company that extracts copper, gold, molybdenum, silver and other metals across North America, South America and Indonesia. Its portfolio includes the world-class Grasberg district in Indonesia, major U.S. operations such as Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, Chino and Tyrone in New Mexico, Henderson and Climax in Colorado, plus the Cerro Verde mine in Peru and the El Abra project in Chile. The firm, incorporated in 1987 and headquartered in Phoenix, Arizona, rebranded from Freeport-McMoRan Copper & Gold Inc. to its current name in July 2014.
Key recent metrics: in 2023 FCX produced roughly 1.4 million tonnes of copper and generated $2.1 billion of free cash flow, driven by higher copper prices that averaged $4.30 lb-¹. The company’s exposure to electric-vehicle demand is a primary growth catalyst, as copper usage is projected to rise 30-40 % by 2030. Additionally, FCX’s 2024 capital plan targets a 15 % increase in ore throughput at Cerro Verde, aiming to offset declining grades at older U.S. assets.
For a deeper, data-rich look at FCX’s valuation dynamics, you may find the analysis on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income (2.07b TTM) > 0 and > 6% of Revenue (6% = 1.56b TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA 3.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 30.93% (prev 33.11%; Δ -2.18pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.11 (>3.0%) and CFO 6.35b > Net Income 2.07b (YES >=105%, WARN >=100%) |
| Net Debt (4.75b) to EBITDA (9.46b) ratio: 0.50 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.45 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.44b) change vs 12m ago -0.07% (target <= -2.0% for YES) |
| Gross Margin 28.57% (prev 29.97%; Δ -1.39pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 46.31% (prev 45.23%; Δ 1.08pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 21.78 (EBITDA TTM 9.46b / Interest Expense TTM 329.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.90
| (A) 0.14 = (Total Current Assets 13.56b - Total Current Liabilities 5.53b) / Total Assets 56.83b |
| (B) 0.02 = Retained Earnings (Balance) 1.20b / Total Assets 56.83b |
| (C) 0.13 = EBIT TTM 7.17b / Avg Total Assets 56.11b |
| (D) 0.04 = Book Value of Equity 1.05b / Total Liabilities 26.43b |
| Total Rating: 1.90 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 74.18
| 1. Piotroski 7.0pt |
| 2. FCF Yield 6.09% |
| 3. FCF Margin 15.61% |
| 4. Debt/Equity 0.50 |
| 5. Debt/Ebitda 0.50 |
| 6. ROIC - WACC (= 6.73)% |
| 7. RoE 11.45% |
| 8. Rev. Trend 48.52% |
| 9. EPS Trend -49.14% |
What is the price of FCX shares?
As of December 04, 2025, the stock is trading at USD 44.53 with a total of 22,860,668 shares traded.
Over the past week, the price has changed by +4.63%, over one month by +4.35%, over three months by -4.04% and over the past year by -0.03%.
Over the past week, the price has changed by +4.63%, over one month by +4.35%, over three months by -4.04% and over the past year by -0.03%.
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.
- Strong Buy: 8
- Buy: 5
- Hold: 6
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the FCX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 48 | 7.7% |
| Analysts Target Price | 48 | 7.7% |
| ValueRay Target Price | 45.1 | 1.3% |
FCX Fundamental Data Overview December 03, 2025
Market Cap USD = 61.85b (61.85b USD * 1.0 USD.USD)
P/E Trailing = 30.1189
P/E Forward = 21.1416
P/S = 2.3785
P/B = 3.303
P/EG = 3.7581
Beta = 1.487
Revenue TTM = 25.99b USD
EBIT TTM = 7.17b USD
EBITDA TTM = 9.46b USD
Long Term Debt = 8.91b USD (from longTermDebt, last quarter)
Short Term Debt = 383.0m USD (from shortTermDebt, last quarter)
Debt = 9.30b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.75b USD (from netDebt column, last quarter)
Enterprise Value = 66.60b USD (61.85b + Debt 9.30b - CCE 4.55b)
Interest Coverage Ratio = 21.78 (Ebit TTM 7.17b / Interest Expense TTM 329.0m)
FCF Yield = 6.09% (FCF TTM 4.06b / Enterprise Value 66.60b)
FCF Margin = 15.61% (FCF TTM 4.06b / Revenue TTM 25.99b)
Net Margin = 7.95% (Net Income TTM 2.07b / Revenue TTM 25.99b)
Gross Margin = 28.57% ((Revenue TTM 25.99b - Cost of Revenue TTM 18.56b) / Revenue TTM)
Gross Margin QoQ = 29.93% (prev 34.11%)
Tobins Q-Ratio = 1.17 (Enterprise Value 66.60b / Total Assets 56.83b)
Interest Expense / Debt = 1.15% (Interest Expense 107.0m / Debt 9.30b)
Taxrate = 34.92% (669.0m / 1.92b)
NOPAT = 4.66b (EBIT 7.17b * (1 - 34.92%))
Current Ratio = 2.45 (Total Current Assets 13.56b / Total Current Liabilities 5.53b)
Debt / Equity = 0.50 (Debt 9.30b / totalStockholderEquity, last quarter 18.68b)
Debt / EBITDA = 0.50 (Net Debt 4.75b / EBITDA 9.46b)
Debt / FCF = 1.17 (Net Debt 4.75b / FCF TTM 4.06b)
Total Stockholder Equity = 18.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.64% (Net Income 2.07b / Total Assets 56.83b)
RoE = 11.45% (Net Income TTM 2.07b / Total Stockholder Equity 18.04b)
RoCE = 26.59% (EBIT 7.17b / Capital Employed (Equity 18.04b + L.T.Debt 8.91b))
RoIC = 17.11% (NOPAT 4.66b / Invested Capital 27.27b)
WACC = 10.38% (E(61.85b)/V(71.14b) * Re(11.83%) + D(9.30b)/V(71.14b) * Rd(1.15%) * (1-Tc(0.35)))
Discount Rate = 11.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.03%
[DCF Debug] Terminal Value 70.12% ; FCFE base≈3.28b ; Y1≈4.05b ; Y5≈6.90b
Fair Price DCF = 45.73 (DCF Value 65.66b / Shares Outstanding 1.44b; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -49.14 | EPS CAGR: -15.97% | SUE: 2.47 | # QB: 2
Revenue Correlation: 48.52 | Revenue CAGR: 4.39% | SUE: 0.66 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.37 | Chg30d=-0.063 | Revisions Net=-1 | Analysts=8
EPS next Year (2026-12-31): EPS=2.07 | Chg30d=-0.024 | Revisions Net=-7 | Growth EPS=+37.3% | Growth Revenue=+5.9%
P/E Trailing = 30.1189
P/E Forward = 21.1416
P/S = 2.3785
P/B = 3.303
P/EG = 3.7581
Beta = 1.487
Revenue TTM = 25.99b USD
EBIT TTM = 7.17b USD
EBITDA TTM = 9.46b USD
Long Term Debt = 8.91b USD (from longTermDebt, last quarter)
Short Term Debt = 383.0m USD (from shortTermDebt, last quarter)
Debt = 9.30b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.75b USD (from netDebt column, last quarter)
Enterprise Value = 66.60b USD (61.85b + Debt 9.30b - CCE 4.55b)
Interest Coverage Ratio = 21.78 (Ebit TTM 7.17b / Interest Expense TTM 329.0m)
FCF Yield = 6.09% (FCF TTM 4.06b / Enterprise Value 66.60b)
FCF Margin = 15.61% (FCF TTM 4.06b / Revenue TTM 25.99b)
Net Margin = 7.95% (Net Income TTM 2.07b / Revenue TTM 25.99b)
Gross Margin = 28.57% ((Revenue TTM 25.99b - Cost of Revenue TTM 18.56b) / Revenue TTM)
Gross Margin QoQ = 29.93% (prev 34.11%)
Tobins Q-Ratio = 1.17 (Enterprise Value 66.60b / Total Assets 56.83b)
Interest Expense / Debt = 1.15% (Interest Expense 107.0m / Debt 9.30b)
Taxrate = 34.92% (669.0m / 1.92b)
NOPAT = 4.66b (EBIT 7.17b * (1 - 34.92%))
Current Ratio = 2.45 (Total Current Assets 13.56b / Total Current Liabilities 5.53b)
Debt / Equity = 0.50 (Debt 9.30b / totalStockholderEquity, last quarter 18.68b)
Debt / EBITDA = 0.50 (Net Debt 4.75b / EBITDA 9.46b)
Debt / FCF = 1.17 (Net Debt 4.75b / FCF TTM 4.06b)
Total Stockholder Equity = 18.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.64% (Net Income 2.07b / Total Assets 56.83b)
RoE = 11.45% (Net Income TTM 2.07b / Total Stockholder Equity 18.04b)
RoCE = 26.59% (EBIT 7.17b / Capital Employed (Equity 18.04b + L.T.Debt 8.91b))
RoIC = 17.11% (NOPAT 4.66b / Invested Capital 27.27b)
WACC = 10.38% (E(61.85b)/V(71.14b) * Re(11.83%) + D(9.30b)/V(71.14b) * Rd(1.15%) * (1-Tc(0.35)))
Discount Rate = 11.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.03%
[DCF Debug] Terminal Value 70.12% ; FCFE base≈3.28b ; Y1≈4.05b ; Y5≈6.90b
Fair Price DCF = 45.73 (DCF Value 65.66b / Shares Outstanding 1.44b; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -49.14 | EPS CAGR: -15.97% | SUE: 2.47 | # QB: 2
Revenue Correlation: 48.52 | Revenue CAGR: 4.39% | SUE: 0.66 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.37 | Chg30d=-0.063 | Revisions Net=-1 | Analysts=8
EPS next Year (2026-12-31): EPS=2.07 | Chg30d=-0.024 | Revisions Net=-7 | Growth EPS=+37.3% | Growth Revenue=+5.9%
Additional Sources for FCX Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle