Business Description
Freeport-McMoRan Inc
NAICS : 212230
SIC : 1021
ISIN : US35671D8570
Share Class Description:
FCX: Class BCompare
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Traded in other countries / regions
FCX.USA0R2O.UKFCXO34.BrazilFCX.PeruFPMB.GermanyFCX.AustriaFCX.ArgentinaFCX.ChileFCX.Mexico1FCX.ItalyFCX_KZ.Kazakhstan Index Membership
S&P 500Russell 1000Russell 3000 IPO Date
1995-08-01Description
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. We expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.
Financial Strength
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.47 | |||||
| Equity-to-Asset | 0.32 | |||||
| Debt-to-Equity | 0.53 | |||||
| Debt-to-EBITDA | 1.05 | |||||
| Interest Coverage | 21.78 | |||||
| Piotroski F-Score | 6/9 | |||||
| Altman Z-Score | 2.43 | |||||
| Beneish M-Score | -3.23 | |||||
| WACC vs ROIC | ||||||
Growth Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 4.5 | |||||
| 3-Year EBITDA Growth Rate | -1.8 | |||||
| 3-Year EPS without NRI Growth Rate | -22.1 | |||||
| 3-Year FCF Growth Rate | -24.5 | |||||
| 3-Year Book Growth Rate | 8.4 | |||||
| Future 3-5Y EPS without NRI Growth Rate Estimate | 24.83 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 6.11 |
Momentum Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 67.89 | |||||
| 9-Day RSI | 65.75 | |||||
| 14-Day RSI | 64.05 | |||||
| 3-1 Month Momentum % | 0.92 | |||||
| 6-1 Month Momentum % | 1.05 | |||||
| 12-1 Month Momentum % | -20.51 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 2.32 | |||||
| Quick Ratio | 1.13 | |||||
| Cash Ratio | 0.74 | |||||
| Days Inventory | 136.12 | |||||
| Days Sales Outstanding | 14.45 | |||||
| Days Payable | 75.89 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 1.3 | |||||
| Dividend Payout Ratio | 0.43 | |||||
| 3-Year Dividend Growth Rate | 38.7 | |||||
| Forward Dividend Yield % | 1.3 | |||||
| 5-Year Yield-on-Cost % | 9.52 | |||||
| 3-Year Average Share Buyback Ratio | 0.5 | |||||
| Shareholder Yield % | 1.44 |
Profitability Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 29.3 | |||||
| Operating Margin % | 26.28 | |||||
| Net Margin % | 7.11 | |||||
| EBITDA Margin % | 35.94 | |||||
| FCF Margin % | 6.42 | |||||
| ROE % | 10.14 | |||||
| ROA % | 3.21 | |||||
| ROIC % | 8.89 | |||||
| 3-Year ROIIC % | -13.12 | |||||
| ROC (Joel Greenblatt) % | 16.58 | |||||
| ROCE % | 13.93 | |||||
| Years of Profitability over Past 10-Year | 7 | |||||
| Moat score | 6 | |||||
| Tariff score | 7 |
GF Value Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 37.83 | |||||
| Forward PE Ratio | 27.47 | |||||
| PE Ratio without NRI | 32.93 | |||||
| Price-to-Owner-Earnings | 99.97 | |||||
| PEG Ratio | 1.08 | |||||
| PS Ratio | 2.67 | |||||
| PB Ratio | 3.72 | |||||
| Price-to-Tangible-Book | 3.72 | |||||
| Price-to-Free-Cash-Flow | 41.49 | |||||
| Price-to-Operating-Cash-Flow | 10.46 | |||||
| EV-to-EBIT | 11.7 | |||||
| EV-to-Forward-EBIT | 8.53 | |||||
| EV-to-EBITDA | 8.93 | |||||
| EV-to-Forward-EBITDA | 6.47 | |||||
| EV-to-Revenue | 3.21 | |||||
| EV-to-Forward-Revenue | 2.54 | |||||
| EV-to-FCF | 50.01 | |||||
| Price-to-GF-Value | 1.05 | |||||
| Price-to-Projected-FCF | 1.97 | |||||
| Price-to-Median-PS-Value | 1.68 | |||||
| Price-to-Peter-Lynch-Fair-Value | 1.32 | |||||
| Price-to-Graham-Number | 2.33 | |||||
| Earnings Yield (Greenblatt) % | 8.55 | |||||
| FCF Yield % | 2.43 | |||||
| Forward Rate of Return (Yacktman) % | 23.24 |
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