(FCX) Freeport-McMoran Copper - Ratings and Ratios

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

Copper, Gold, Molybdenum, Silver

FCX EPS (Earnings per Share)

EPS (Earnings per Share) of FCX over the last years for every Quarter: "2020-09": 0.29, "2020-12": 0.39, "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": 0.5,

FCX Revenue

Revenue of FCX over the last years for every Quarter: 2020-09: 3727, 2020-12: 4225, 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: -13136,

Description: FCX Freeport-McMoran Copper September 26, 2025

Freeport-McMoRan Inc. (NYSE: FCX) is a U.S.-based mining company that operates a diversified portfolio of mineral assets across North America, South America, and Indonesia, focusing on copper, gold, molybdenum, silver and related metals.

Key operating sites include the world-class Grasberg district in Indonesia; multiple Arizona mines (Morenci, Bagdad, Safford, Sierrita, Miami); New Mexico’s Chino and Tyrone; Colorado’s Henderson and Climax; plus Cerro Verde in Peru and El Abra in Chile. The firm was incorporated in 1987, rebranded from Freeport-McMoRan Copper & Gold Inc. in July 2014, and is headquartered in Phoenix, Arizona.

Recent performance metrics (Q2 2024) show FCX producing ~1.1 million tons of copper and ~1.2 million ounces of gold, with cash flow from operations of $3.1 billion, reflecting a 7 % YoY increase driven by higher copper prices and improved mine-site efficiencies.

Sector drivers that materially affect FCX’s outlook are: (1) global copper demand growth of ~3 %-4 % per year, spurred by electric-vehicle battery production and renewable-energy infrastructure; (2) the ongoing price volatility of gold as a safe-haven asset, which can offset copper-related earnings swings; and (3) geopolitical risk in Indonesia and Peru, where regulatory changes can impact production timelines and cost structures.

For a data-rich, forward-looking analysis of FCX’s valuation assumptions and scenario modeling, a deeper dive on ValueRay can provide the quantitative context you need to assess the trade-off between commodity exposure and operational risk.

FCX Stock Overview

Market Cap in USD 59,398m
Sub-Industry Copper
IPO / Inception 1995-07-10

FCX Stock Ratings

Growth Rating 28.2%
Fundamental 71.4%
Dividend Rating 55.1%
Return 12m vs S&P 500 -22.5%
Analyst Rating 4.0 of 5

FCX Dividends

Dividend Yield 12m 1.44%
Yield on Cost 5y 3.51%
Annual Growth 5y 86.12%
Payout Consistency 56.6%
Payout Ratio 30.5%

FCX Growth Ratios

Growth Correlation 3m -22.7%
Growth Correlation 12m 25.5%
Growth Correlation 5y 58%
CAGR 5y 7.40%
CAGR/Max DD 3y (Calmar Ratio) 0.16
CAGR/Mean DD 3y (Pain Ratio) 0.44
Sharpe Ratio 12m 0.03
Alpha -36.18
Beta 1.582
Volatility 43.97%
Current Volume 11939.5k
Average Volume 20d 15475.3k
Stop Loss 39.8 (-4.6%)
Signal 0.40

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (7.90b TTM) > 0 and > 6% of Revenue (6% = 352.8m TTM)
FCFTA 0.09 (>2.0%) and ΔFCFTA 5.19pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 136.7% (prev 33.11%; Δ 103.6pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.11 (>3.0%) and CFO 6.35b <= Net Income 7.90b (YES >=105%, WARN >=100%)
Net Debt (-4.17b) to EBITDA (10.17b) ratio: -0.41 <= 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 -290.7% (prev 29.97%; Δ -320.6pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 10.48% (prev 45.23%; Δ -34.75pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -41.65 (EBITDA TTM 10.17b / Interest Expense TTM -189.0m) >= 6 (WARN >= 3)

Altman Z'' 1.98

(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) 0.14 = EBIT TTM 7.87b / Avg Total Assets 56.11b
(D) 0.04 = Book Value of Equity 1.05b / Total Liabilities 26.43b
Total Rating: 1.98 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 71.37

1. Piotroski 4.50pt = -0.50
2. FCF Yield 9.26% = 4.63
3. FCF Margin 86.97% = 7.50
4. Debt/Equity 0.02 = 2.50
5. Debt/Ebitda -0.41 = 2.50
6. ROIC - WACC (= 5.07)% = 6.34
7. RoE 43.78% = 2.50
8. Rev. Trend -47.00% = -3.52
9. EPS Trend -11.41% = -0.57

What is the price of FCX shares?

As of November 02, 2025, the stock is trading at USD 41.70 with a total of 11,939,499 shares traded.
Over the past week, the price has changed by +0.80%, over one month by +6.70%, over three months by +4.00% and over the past year by -5.96%.

Is Freeport-McMoran Copper a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Freeport-McMoran Copper (NYSE:FCX) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 71.37 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FCX is around 38.44 USD . This means that FCX is currently overvalued and has a potential downside of -7.82%.

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 47.2 13.1%
Analysts Target Price 47.2 13.1%
ValueRay Target Price 44.1 5.8%

FCX Fundamental Data Overview October 25, 2025

Market Cap USD = 59.40b (59.40b USD * 1.0 USD.USD)
P/E Trailing = 28.9301
P/E Forward = 16.6113
P/S = 2.2844
P/B = 3.0651
P/EG = 2.9816
Beta = 1.582
Revenue TTM = 5.88b USD
EBIT TTM = 7.87b USD
EBITDA TTM = 10.17b USD
Long Term Debt = 8.91b USD (from longTermDebt, last fiscal year)
Short Term Debt = 383.0m USD (from shortTermDebt, last quarter)
Debt = 383.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -4.17b USD (from netDebt column, last quarter)
Enterprise Value = 55.23b USD (59.40b + Debt 383.0m - CCE 4.55b)
Interest Coverage Ratio = -41.65 (Ebit TTM 7.87b / Interest Expense TTM -189.0m)
FCF Yield = 9.26% (FCF TTM 5.11b / Enterprise Value 55.23b)
FCF Margin = 86.97% (FCF TTM 5.11b / Revenue TTM 5.88b)
Net Margin = 134.3% (Net Income TTM 7.90b / Revenue TTM 5.88b)
Gross Margin = -290.7% ((Revenue TTM 5.88b - Cost of Revenue TTM 22.97b) / Revenue TTM)
Gross Margin QoQ = none% (prev 34.11%)
Tobins Q-Ratio = 0.97 (Enterprise Value 55.23b / Total Assets 56.83b)
Interest Expense / Debt = -107.3% (Interest Expense -411.0m / Debt 383.0m)
Taxrate = -175.8% (out of range, set to none) (-3.37b / 1.92b)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 2.45 (Total Current Assets 13.56b / Total Current Liabilities 5.53b)
Debt / Equity = 0.02 (Debt 383.0m / totalStockholderEquity, last quarter 18.68b)
Debt / EBITDA = -0.41 (Net Debt -4.17b / EBITDA 10.17b)
Debt / FCF = -0.81 (Net Debt -4.17b / FCF TTM 5.11b)
Total Stockholder Equity = 18.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.90% (Net Income 7.90b / Total Assets 56.83b)
RoE = 43.78% (Net Income TTM 7.90b / Total Stockholder Equity 18.04b)
RoCE = 29.21% (EBIT 7.87b / Capital Employed (Equity 18.04b + L.T.Debt 8.91b))
RoIC = 16.83% (EBIT 7.87b / (Assets 56.83b - Curr.Liab 5.53b - Cash 4.55b))
WACC = 11.76% (E(59.40b)/V(59.78b) * Re(11.84%) + (debt cost/tax rate unavailable))
Discount Rate = 11.84% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.03%
[DCF Debug] Terminal Value 70.09% ; FCFE base≈3.91b ; Y1≈4.83b ; Y5≈8.24b
Fair Price DCF = 54.50 (DCF Value 78.26b / Shares Outstanding 1.44b; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -11.41 | EPS CAGR: -1.42% | SUE: 2.61 | # QB: 2
Revenue Correlation: -47.00 | Revenue CAGR: -71.79% | SUE: -4.0 | # QB: 0

Additional Sources for FCX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle