Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
FCX

FCX - Freeport-McMoRan Inc Stock Price, Fair Value and News

54.23USD+2.19 (+4.21%)Delayed

Market Summary

FCX
USD54.23+2.19
Delayed
4.21%

FCX Alerts

  • 4 major insider sales recently.

FCX Stock Price

View Fullscreen

FCX RSI Chart

FCX Valuation

Market Cap

78.0B

Price/Earnings (Trailing)

20.18

Price/Sales (Trailing)

3.28

EV/EBITDA

10.09

Price/Free Cashflow

12.73

FCX Price/Sales (Trailing)

FCX Profitability

Operating Margin

30.34%

EBT Margin

25.82%

Return on Equity

13.75%

Return on Assets

7.13%

Free Cashflow Yield

7.86%

FCX Fundamentals

FCX Revenue

Revenue (TTM)

23.8B

Rev. Growth (Yr)

17.29%

Rev. Growth (Qtr)

7.04%

FCX Earnings

Earnings (TTM)

3.9B

Earnings Growth (Yr)

10.77%

Earnings Growth (Qtr)

15.39%

Breaking Down FCX Revenue

Last 7 days

5.2%

Last 30 days

8.9%

Last 90 days

39.8%

Trailing 12 Months

52.1%

How does FCX drawdown profile look like?

FCX Financial Health

Current Ratio

2.35

Debt/Equity

0.31

Debt/Cashflow

0.71

FCX Investor Care

Dividend Yield

1.11%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

1.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202423.8B000
202321.6B21.9B22.7B22.9B
202224.6B24.3B23.2B22.8B
202116.3B18.9B21.2B22.8B
202013.4B12.9B13.6B14.2B
201917.6B15.9B14.2B14.4B
201817.9B19.4B20.0B18.6B
201714.9B15.3B15.7B16.4B
201614.1B13.5B14.0B14.8B
201519.1B17.9B16.0B14.6B
201421.0B21.9B21.0B20.0B
201318.0B17.8B19.5B20.9B
201219.8B18.4B17.7B18.0B
201120.3B22.3B22.3B20.9B
201016.8B17.0B18.0B19.0B
200914.7B13.0B12.5B15.0B
200817.2B17.4B17.6B17.8B
200700016.9B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Freeport-McMoRan Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 06, 2024
adkerson richard c
sold
-2,781,120
50.7772
-54,771
chairman of the board & ceo
May 03, 2024
higgins stephen t.
sold
-2,153,260
50.3486
-42,767
senior vp & cao
May 03, 2024
higgins stephen t.
acquired
509,355
11.91
42,767
senior vp & cao
May 01, 2024
mikes ellie l.
acquired
37,510
28.14
1,333
chief accounting officer
May 01, 2024
higgins stephen t.
acquired
521,982
11.8903
43,900
senior vp & cao
May 01, 2024
higgins stephen t.
sold
-2,242,330
51.0782
-43,900
senior vp & cao
May 01, 2024
mikes ellie l.
sold
-220,858
50.9711
-4,333
chief accounting officer
Apr 30, 2024
adkerson richard c
sold
-8,557,010
50.5647
-169,229
chairman of the board & ceo
Apr 29, 2024
adkerson richard c
acquired
11,008,400
18.98
580,000
chairman of the board & ceo

1–10 of 50

Which funds bought or sold FCX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 17, 2024
Kozak & Associates, Inc.
added
0.28
4,688
18,406
-%
May 17, 2024
National Wealth Management Group, LLC
new
-
644,268
644,268
0.50%
May 17, 2024
Aspect Partners, LLC
added
21.57
752
2,913
-%
May 17, 2024
CITIZENS FINANCIAL GROUP INC/RI
reduced
-0.89
767,822
8,878,570
0.30%
May 17, 2024
New Covenant Trust Company, N.A.
new
-
34,231
34,231
0.03%
May 17, 2024
Plato Investment Management Ltd
added
554
2,386,380
2,769,340
0.29%
May 17, 2024
Heartland Bank & Trust Co
reduced
-1.9
39,620
513,552
0.30%
May 16, 2024
Arete Wealth Advisors, LLC
sold off
-100
-407,406
-
-%
May 16, 2024
Oxford Wealth Group, LLC
new
-
795,578
795,578
0.72%
May 16, 2024
FSA Wealth Management LLC
added
23.45
6,236
25,236
0.01%

1–10 of 41

Are Funds Buying or Selling FCX?

Are funds buying FCX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FCX
No. of Funds

Unveiling Freeport-McMoRan Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.33%
119,487,244
SC 13G/A
Feb 12, 2024
blackrock inc.
7.7%
110,691,689
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Feb 09, 2024
capital research global investors
4.2%
59,817,641
SC 13G/A
Feb 13, 2023
capital research global investors
5.6%
80,587,216
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
8.20%
117,165,294
SC 13G/A
Jan 31, 2023
blackrock inc.
7.9%
112,563,523
SC 13G/A
Mar 11, 2022
blackrock inc.
7.5%
109,683,594
SC 13G/A
Feb 11, 2022
capital research global investors
5.0%
73,817,050
SC 13G

Recent SEC filings of Freeport-McMoRan Inc

View All Filings
Date Filed Form Type Document
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 08, 2024
10-Q
Quarterly Report
May 07, 2024
4
Insider Trading
May 06, 2024
144
Notice of Insider Sale Intent
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 01, 2024
144
Notice of Insider Sale Intent
May 01, 2024
144
Notice of Insider Sale Intent
May 01, 2024
4
Insider Trading

Peers (Alternatives to Freeport-McMoRan Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
96.9B
9.7B
9.79% 81.46%
41.11
9.99
-3.73% -11.90%
78.0B
23.8B
8.93% 52.10%
20.18
3.28
10.30% 6.62%
50.4B
13.2B
13.43% 1.09%
-18.86
3.83
13.70% -408.56%
41.3B
34.1B
-10.72% 22.70%
9.75
1.21
-14.07% -36.33%
17.1B
14.5B
-7.36% 20.90%
13.61
1.18
-12.23% -26.09%
8.3B
21.9B
-17.49% 13.86%
18.95
0.38
-1.92% -15.58%
MID-CAP
3.8T
710.3M
15.72% 16.03%
-44.1K
5.4K
-2.96% -94.29%
7.4B
10.5B
16.03% 12.06%
-10.88
0.71
-11.40% 15.25%
6.7B
8.4B
3.13% 26.83%
9.8
0.79
-8.32% -10.17%
2.4B
1.6B
-3.14% 10.94%
29.06
1.51
-8.15% -14.39%
SMALL-CAP
2.4B
847.0M
32.96% 84.06%
-21.75
2.78
7.96% 2.02%
1.7B
2.1B
1.94% 121.74%
6.83
0.78
-17.61% 444.18%
544.4M
1.1B
-1.20% -61.36%
-6.29
0.47
-6.57% -123.93%
6.9M
12.0M
-27.69% -88.94%
-0.65
0.57
-48.46% 18.12%
996.8K
134.6M
- -92.73%
0.82
0.01
-14.16% -64.26%

Freeport-McMoRan Inc News

Latest updates
MSN • 41 hours ago
Yahoo Finance • 17 May 2024 • 01:00 pm
Yahoo New Zealand News • 17 May 2024 • 02:04 am
MarketWatch • 15 May 2024 • 08:46 pm
Defense World • 14 May 2024 • 05:49 am

Freeport-McMoRan Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue7.0%6,3215,9055,8245,7375,3895,7585,0035,4166,6036,1646,0835,7484,8504,4953,8513,0542,7983,9113,1533,5463,792
Cost Of Revenue12.4%4,4393,9494,0864,0963,5644,0233,8993,5283,6393,7233,5513,5503,2063,0662,8682,6133,1083,4083,0333,3593,323
Costs and Expenses12.0%4,6874,1834,3324,3273,7884,2284,0413,6803,7943,8593,6213,6813,3182,7862,9712,7333,2713,1363,1913,5133,471
  S&GA Expenses20.0%14412011811512610798.0010011594.0010287.0010097.0072.0091.0011092.0010192.00112
EBITDA Margin1.1%0.33*0.33*0.32*0.30*0.32*0.36*0.37*0.42*0.43*0.40*0.39*0.35*---------
Interest Expenses8.2%-89.00-97.00-96.00-171-151-137-140-156-127-171-138-148-145-236-120-115-127-219-123-132-146
Income Taxes-29.3%51272450853949955731557182462562860344361129796.00-60.0032991.00-15.00105
Earnings Before Taxes-3.1%1,6741,7281,4721,2681,5381,5368671,5992,7131,9732,3601,9281,3981,469723217-612366-149-94.00183
EBT Margin-1.7%0.26*0.26*0.26*0.24*0.26*0.29*0.31*0.36*0.36*0.34*0.34*0.29*---------
Net Income15.4%1,1621,0079647311,0499775601,0381,9041,3581,7231,331953858432124-54943.00-234-74.0076.00
Net Income Margin-1.0%0.16*0.16*0.16*0.15*0.17*0.20*0.21*0.25*0.26*0.23*0.23*0.19*---------
Free Cashflow43.6%1,8961,3201,2361,6731,0501,0697581,6211,6912,2801,9652,395---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.2%54,19852,50651,64850,90750,90951,09349,92750,11348,83248,02246,91745,43643,64342,14441,09940,23040,21940,80940,94341,08641,059
  Current Assets5.5%14,84214,06514,07714,05714,74615,61315,37316,18215,30214,83013,79112,59910,8569,3038,0717,1557,3577,9158,3478,7309,045
    Cash Equivalents33.2%6,3404,7585,7456,6836,8528,1468,8249,7458,5888,3147,9196,5694,8353,9032,6551,7291,8672,2782,5123,0063,112
  Net PPE2.6%36,19735,29534,53533,84533,15932,62731,81431,20030,70830,34530,10229,83629,77529,81829,91129,93629,89929,58429,33028,84128,497
Liabilities3.6%26,09325,19624,97124,88025,26126,22225,74626,06624,79025,00324,38624,50124,07023,47623,53723,07523,25623,36123,40123,26923,218
  Current Liabilities8.4%6,3055,8154,8604,7885,2816,3455,9995,9326,4545,8925,5235,5274,6113,4173,0962,9063,1433,2093,3813,2863,247
  Long Term Debt0%8,6568,6569,3709,4589,5869,5839,65810,0548,2569,0788,7688,6389,1539,6779,9839,8249,8299,8219,9159,9129,902
    LT Debt, Current0.4%76976635.0037.0049.001,0371,0321,0381,3653728971,05765634.0047.0090.002455.00---
    LT Debt, Non Current-100.0%-8,6569,3709,4589,5869,5839,65810,0548,2569,0788,7688,6389,1539,6779,9839,8249,8299,8219,9159,9129,902
Shareholder's Equity68.4%28,10516,69316,45926,02725,64815,55524,18124,04724,04223,01922,53120,93519,57318,66817,56217,15516,96317,44817,54217,81717,841
  Retained Earnings23.0%-1,586-2,059-2,447-2,901-3,244-3,907-4,604-5,008-5,848-7,375-8,481-9,880-10,963-11,681-12,389-12,718-12,771-12,280-12,289-12,082-12,010
  Additional Paid-In Capital-0.6%24,48824,63724,83325,02825,22725,32225,48325,66125,83525,87526,02326,08426,08026,03725,93425,90525,87525,83025,88025,94925,963
Shares Outstanding0.1%1,4361,4341,4351,4341,4331,4411,4311,4511,4551,4661,4691,465---------
Minority Interest4.9%11,13210,61710,2189,8259,5919,3169,2279,1589,1769,0399,1788,9248,6538,4948,3268,2018,1088,1508,0988,1088,058
Float----57,100---41,800---48,600---14,900---13,100-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations43.6%1,8961,3201,2361,6731,0501,0697581,6211,6912,2801,9652,3951,0751,3271,237491-38.00170224554534
  Share Based Compensation165.0%53.0020.0017.0019.0053.0020.0013.0013.0049.0019.0023.0015.0041.0039.0017.0016.0027.0011.0012.0011.0029.00
Cashflow From Investing6.9%-1,277-1,372-1,219-1,201-1,164-1,059-851-816-714-733-398-465-368169-407-480-546-278-658-621-546
Cashflow From Financing19.3%-342-424-414-640-1,172-444-828352-703-1,152-217-196225-24896.00-149173-126-60.00-39.00-1,331
  Dividend Payments0.9%218216215215217214214218220111109111----73.0073.0072.0073.0073.00
  Buy Backs-------162644541488-----------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

FCX Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenues$ 6,321$ 5,389
Cost of sales:  
Production and delivery3,8443,165
Depreciation, depletion and amortization595399
Total cost of sales4,4393,564
Selling, general and administrative expenses144126
Exploration and research expenses3731
Environmental obligations and shutdown costs6767
Total costs and expenses4,6873,788
Operating income1,6341,601
Interest expense, net(89)(151)
Other income, net12988
Income before income taxes and equity in affiliated companies’ net earnings1,6741,538
Provision for income taxes(512)(499)
Equity in affiliated companies’ net earnings010
Net income1,1621,049
Net income (loss) attributable to noncontrolling interests689386
Net income attributable to common stockholders$ 473$ 663
Net income per share attributable to common stockholders:  
Earnings per share, basic (in dollars per share)$ 0.33$ 0.46
Earnings per share, diluted (in dollars per share)$ 0.32$ 0.46
Weighted-average shares of common stock outstanding:  
Basic weighted-average shares of common stock outstanding1,4361,433
Diluted weighted-average shares of common shares outstanding1,4441,443
Dividends declared per share of common stock (in dollars per share)$ 0.15$ 0.15

FCX Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 5,208$ 4,758
Restricted cash and cash equivalents1,0341,208
Trade accounts receivable1,4941,209
Income and other tax receivables744455
Inventories:  
Product2,3562,472
Materials and supplies, net2,2022,169
Mill and leach stockpiles1,4191,419
Other current assets385375
Total current assets14,84214,065
Property, plant, equipment and mine development costs, net36,19735,295
Long-term mill and leach stockpiles1,3131,336
Other assets1,8461,810
Total assets54,19852,506
Current liabilities:  
Accounts payable and accrued liabilities3,6723,729
Long-term Debt, Current Maturities769766
Accrued income taxes1,322786
Environmental And Asset Retirement Obligations, Current325316
Dividends Payable, Current217218
Total current liabilities6,3055,815
Long-term debt, less current portion8,6568,656
Environmental and asset retirement obligations, less current portion5,0594,624
Deferred income taxes4,5004,453
Other liabilities1,5731,648
Total liabilities26,09325,196
Stockholders’ equity:  
Common stock162162
Capital in excess of par value24,48824,637
Accumulated deficit(1,586)(2,059)
Accumulated other comprehensive loss(274)(274)
Common stock held in treasury(5,817)(5,773)
Total stockholders’ equity16,97316,693
Noncontrolling interests11,13210,617
Total equity28,10527,310
Total liabilities and equity$ 54,198$ 52,506
FCX
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. It also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
 CEO
 WEBSITEhttps://fcx.com
 INDUSTRYMetals and Mining
 EMPLOYEES25600

Freeport-McMoRan Inc Frequently Asked Questions


What is the ticker symbol for Freeport-McMoRan Inc? What does FCX stand for in stocks?

FCX is the stock ticker symbol of Freeport-McMoRan Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Freeport-McMoRan Inc (FCX)?

As of Fri May 17 2024, market cap of Freeport-McMoRan Inc is 77.96 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FCX stock?

You can check FCX's fair value in chart for subscribers.

What is the fair value of FCX stock?

You can check FCX's fair value in chart for subscribers. The fair value of Freeport-McMoRan Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Freeport-McMoRan Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FCX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Freeport-McMoRan Inc a good stock to buy?

The fair value guage provides a quick view whether FCX is over valued or under valued. Whether Freeport-McMoRan Inc is cheap or expensive depends on the assumptions which impact Freeport-McMoRan Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FCX.

What is Freeport-McMoRan Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FCX's PE ratio (Price to Earnings) is 20.18 and Price to Sales (PS) ratio is 3.28. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FCX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Freeport-McMoRan Inc's stock?

In the past 10 years, Freeport-McMoRan Inc has provided 0.047 (multiply by 100 for percentage) rate of return.