StocksFundsScreenerSectorsWatchlists
FCX

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

48.23USD+0.24 (+0.50%)Market Closed

Market Summary

FCX
USD48.23+0.24
Market Closed
0.50%

FCX Stock Price

View Fullscreen

FCX RSI Chart

FCX Valuation

Market Cap

68.8B

Price/Earnings (Trailing)

18.35

Price/Sales (Trailing)

3.01

EV/EBITDA

9.62

Price/Free Cashflow

13.04

FCX Price/Sales (Trailing)

FCX Profitability

Operating Margin

31.33%

EBT Margin

26.28%

Return on Equity

22.47%

Return on Assets

7.14%

Free Cashflow Yield

7.67%

FCX Fundamentals

FCX Revenue

Revenue (TTM)

22.9B

Rev. Growth (Yr)

2.55%

Rev. Growth (Qtr)

1.39%

FCX Earnings

Earnings (TTM)

3.8B

Earnings Growth (Yr)

3.07%

Earnings Growth (Qtr)

4.46%

Breaking Down FCX Revenue

Last 7 days

-2.9%

Last 30 days

6.4%

Last 90 days

20.8%

Trailing 12 Months

21.4%

How does FCX drawdown profile look like?

FCX Financial Health

Current Ratio

2.42

Debt/Equity

0.52

Debt/Cashflow

0.61

FCX Investor Care

Dividend Yield

1.25%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

1.28

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 01, 2024
stephens john joseph
acquired
21,206
47.02
451
-
Apr 01, 2024
grant hugh
acquired
33,713
47.02
717
-
Feb 15, 2024
quirk kathleen l
sold (taxes)
-822,901
37.2
-22,121
president
Feb 15, 2024
mikes ellie l.
sold (taxes)
-139,909
37.2
-3,761
chief accounting officer
Feb 15, 2024
currault douglas n. ii
sold (taxes)
-195,970
37.2
-5,268
senior vp & general counsel
Feb 15, 2024
robertson maree e.
sold (taxes)
-242,767
37.2
-6,526
svp & cfo
Feb 15, 2024
higgins stephen t.
sold (taxes)
-208,134
37.2
-5,595
senior vp & cao
Feb 15, 2024
adkerson richard c
sold (taxes)
-897,004
37.2
-24,113
chairman of the board & ceo
Feb 06, 2024
adkerson richard c
acquired
-
-
535,303
chairman of the board & ceo
Feb 06, 2024
quirk kathleen l
acquired
-
-
213,377
president

1–10 of 50

Which funds bought or sold FCX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Eagle Strategies LLC
sold off
-100
-1,658,530
-
-%
Apr 23, 2024
CATALYST FINANCIAL PARTNERS LLC
reduced
-3.06
37,000
312,172
0.08%
Apr 23, 2024
Gradient Investments LLC
reduced
-13.59
-3,740
78,335
-%
Apr 23, 2024
FirstPurpose Wealth LLC
reduced
-0.35
57,903
359,597
0.13%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
reduced
-3.08
224,000
3,399,000
0.12%
Apr 23, 2024
RATIONAL ADVISORS LLC
reduced
-95.34
-1,054,580
57,176
-%
Apr 23, 2024
CIGNA INVESTMENTS INC /NEW
added
0.24
69,000
712,000
0.13%
Apr 23, 2024
DUPONT CAPITAL MANAGEMENT CORP
unchanged
-
1,000,310
10,569,600
0.87%
Apr 23, 2024
WESBANCO BANK INC
reduced
-2.83
15,174
222,406
0.01%
Apr 23, 2024
Summit Trail Advisors, LLC
added
5.43
39,845
282,026
0.01%

1–10 of 50

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
Apr 23, 2024
8-K
Current Report
Apr 16, 2024
PRE 14A
PRE 14A
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Feb 16, 2024
10-K
Annual Report
Feb 16, 2024
4
Insider Trading
Feb 16, 2024
4
Insider Trading
Feb 16, 2024
4
Insider Trading
Feb 16, 2024
4
Insider Trading
Feb 16, 2024
4
Insider Trading

Peers (Alternatives to Freeport-McMoRan Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
84.8B
9.9B
5.10% 37.98%
34.83
8.57
-1.51% -8.06%
68.8B
22.9B
6.39% 21.38%
18.35
3.01
0.33% -16.25%
43.5B
11.8B
11.67% -21.47%
-17.43
3.68
-0.86% -481.35%
42.0B
34.7B
-10.23% 12.58%
9.29
1.21
-16.38% -40.52%
18.0B
14.8B
-4.98% 25.64%
13.45
1.22
-13.03% -27.33%
9.2B
22.0B
-12.75% 14.44%
20.54
0.42
-4.32% -67.30%
MID-CAP
6.5B
10.6B
14.78% -5.26%
-9.8
0.61
-15.26% -3472.97%
6.3B
8.4B
-5.93% 13.09%
9.26
0.75
-8.32% -10.17%
3.3B
720.2M
23.88% -14.84%
-38.89
4.55
0.18% -125.49%
2.5B
1.7B
-10.63% 7.38%
25.88
1.49
-5.23% 11.29%
SMALL-CAP
1.8B
821.2M
38.44% 26.30%
-17.22
2.17
4.53% -32.65%
1.6B
2.2B
32.75% 98.53%
-37.75
0.74
-21.31% -205.67%
545.7M
1.2B
-24.73% -59.09%
-9.34
0.46
-5.61% -206.82%
8.5M
12.0M
100.00% -90.33%
-0.92
0.7
-48.46% 6.84%
989.3K
134.6M
- -94.16%
-1.37
0.01
-14.16% -115.91%

Freeport-McMoRan Inc News

Latest updates
Yahoo Finance • 8 hours ago
Yahoo Finance • 21 Apr 2024 • 12:00 pm
Zacks Investment Research • 18 Apr 2024 • 02:25 pm

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.4%5,9055,8245,7375,3895,7585,0035,4166,6036,1646,0835,7484,8504,4953,8513,0542,7983,9113,1533,5463,7923,684
Cost Of Revenue-3.4%3,9494,0864,0963,5644,0233,8993,5283,6393,7233,5513,5503,2063,0662,8682,6133,1083,4083,0333,3593,3233,323
Costs and Expenses-3.4%4,1834,3324,3273,7884,2284,0413,6803,7943,8593,6213,6813,3182,7862,9712,7333,2713,1363,1913,5133,4713,368
  S&GA Expenses1.7%12011811512610798.0010011594.0010287.0010097.0072.0091.0011092.0010192.0011281.00
EBITDA Margin3.5%0.33*0.32*0.30*0.32*0.36*0.37*0.42*0.43*0.40*0.39*0.35*0.30*---------
Interest Expenses-1.0%-97.00-96.00-171-151-137-140-156-127-171-138-148-145-236-120-115-127-219-123-132-146-509
Income Taxes42.5%72450853949955731557182462562860344361129796.00-60.0032991.00-15.00105-552
Earnings Before Taxes17.4%1,7281,4721,2681,5381,5368671,5992,7131,9732,3601,9281,3981,469723217-612366-149-94.00183-181
EBT Margin2.6%0.26*0.26*0.24*0.26*0.29*0.31*0.36*0.36*0.34*0.34*0.29*0.23*---------
Net Income4.5%1,0079647311,0499775601,0381,9041,3581,7231,331953858432124-54943.00-234-74.0076.00378
Net Income Margin0.2%0.16*0.16*0.15*0.17*0.20*0.21*0.25*0.26*0.23*0.23*0.19*0.15*---------
Free Cashflow6.8%1,3201,2361,6731,0501,0697581,6211,6912,2801,9652,3951,075---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.7%52,50651,64850,90750,90951,09349,92750,11348,83248,02246,91745,43643,64342,14441,09940,23040,21940,80940,94341,08641,05942,216
  Current Assets-0.1%14,06514,07714,05714,74615,61315,37316,18215,30214,83013,79112,59910,8569,3038,0717,1557,3577,9158,3478,7309,04510,464
    Cash Equivalents-17.2%4,7585,7456,6836,8528,1468,8249,7458,5888,3147,9196,5694,8353,9032,6551,7291,8672,2782,5123,0063,1124,455
  Net PPE2.2%35,29534,53533,84533,15932,62731,81431,20030,70830,34530,10229,83629,77529,81829,91129,93629,89929,58429,33028,84128,49728,010
Liabilities0.9%25,19624,97124,88025,26126,22225,74626,06624,79025,00324,38624,50124,07023,47623,53723,07523,25623,36123,40123,26923,21824,324
  Current Liabilities19.7%5,8154,8604,7885,2816,3455,9995,9326,4545,8925,5235,5274,6113,4173,0962,9063,1433,2093,3813,2863,2473,329
  Long Term Debt-7.6%8,6569,3709,4589,5869,5839,65810,0548,2569,0788,7688,6389,1539,6779,9839,8249,8299,8219,9159,9129,90211,124
    LT Debt, Current2088.6%76635.0037.0049.001,0371,0321,0381,3653728971,05765634.0047.0090.002455.00---17.00
    LT Debt, Non Current-7.6%8,6569,3709,4589,5869,5839,65810,0548,2569,0788,7688,6389,1539,6779,9839,8249,8299,8219,9159,9129,90211,124
Shareholder's Equity1.4%16,69316,45926,02725,64815,55524,18124,04724,04223,01922,53120,93519,57318,66817,56217,15516,96317,44817,54217,81717,84117,892
  Retained Earnings15.9%-2,059-2,447-2,901-3,244-3,907-4,604-5,008-5,848-7,375-8,481-9,880-10,963-11,681-12,389-12,718-12,771-12,280-12,289-12,082-12,010-12,041
  Additional Paid-In Capital-0.8%24,63724,83325,02825,22725,32225,48325,66125,83525,87526,02326,08426,08026,03725,93425,90525,87525,83025,88025,94925,96326,013
Shares Outstanding-0.1%1,4341,4351,4341,4331,4411,4311,4511,4551,4661,4691,4651,462---------
Minority Interest3.9%10,61710,2189,8259,5919,3169,2279,1589,1769,0399,1788,9248,6538,4948,3268,2018,1088,1508,0988,1088,0588,094
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations6.8%1,3201,2361,6731,0501,0697581,6211,6912,2801,9652,3951,0751,3271,237491-38.00170224554534-62.00
  Share Based Compensation17.6%20.0017.0019.0053.0020.0013.0013.0049.0019.0023.0015.0041.0039.0017.0016.0027.0011.0012.0011.0029.006.00
Cashflow From Investing-12.6%-1,372-1,219-1,201-1,164-1,059-851-816-714-733-398-465-368169-407-480-546-278-658-621-546-3,546
Cashflow From Financing-2.4%-424-414-640-1,172-444-828352-703-1,152-217-196225-24896.00-149173-126-60.00-39.00-1,3313,240
  Dividend Payments0.5%216215215217214214218220111109111----73.0073.0072.0073.0073.00-168
  Buy Backs------162644541488------------

FCX Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Revenues$ 22,855$ 22,780$ 22,845
Cost of sales:   
Production and delivery13,62713,07012,032
Depreciation, depletion and amortization2,0682,0191,998
Total cost of sales15,69515,08914,030
Selling, general and administrative expenses479420383
Exploration Expense13711555
Environmental obligations and shutdown costs31912191
Net gain on sales of assets0(2)(80)
Total costs and expenses16,63015,74314,479
Operating income6,2257,0378,366
Interest expense, net(515)(560)(602)
Net gain on early extinguishment of debt10310
Other income (expense), net286207(105)
Income before income taxes and equity in affiliated companies’ net earnings6,0066,7157,659
Provision for (benefit from) income taxes(2,270)(2,267)(2,299)
Equity in affiliated companies’ net earnings15315
Net income3,7514,4795,365
Net income attributable to noncontrolling interests(1,903)(1,011)(1,059)
Net income attributable to common stockholders$ 1,848$ 3,468$ 4,306
Net income per share attributable to common stockholders:   
Income (Loss) from Continuing Operations, Per Basic Share$ 1.28$ 2.40$ 2.93
Income (Loss) from Continuing Operations, Per Diluted Share$ 1.28$ 2.39$ 2.90
Weighted-average common shares outstanding:   
Weighted Average Number of Shares Outstanding, Basic1,4341,4411,466
Weighted Average Number of Shares Outstanding, Diluted1,4431,4511,482
Dividends declared per share of common stock (in dollars per share)$ 0.60$ 0.60$ 0.375

FCX Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 4,758$ 8,146
Restricted cash and cash equivalents1,208111
Trade accounts receivable1,2091,336
Income and other tax receivables455459
Inventories:  
Total materials and supplies, net2,1691,964
Mill and leach stockpiles1,4191,383
Product2,4721,833
Other current assets375381
Total current assets14,06515,613
Property, plant, equipment and mine development costs, net35,29532,627
Long-term mill and leach stockpiles1,3361,252
Other assets1,8101,601
Total assets52,50651,093
Current liabilities:  
Accounts payable and accrued liabilities3,7294,027
Current portion of debt7661,037
Accrued income taxes786744
Current portion of environmental and asset retirement obligations316320
Dividends payable218217
Total current liabilities5,8156,345
Long-term debt, less current portion8,6569,583
Environmental and asset retirement obligations, less current portion4,6244,463
Deferred income taxes4,4534,269
Other liabilities1,6481,562
Total liabilities25,19626,222
Stockholders’ equity:  
Common stock, par value $0.10, 1,619 shares and 1,613 shares issued, respectively162161
Capital in excess of par value24,63725,322
Accumulated deficit(2,059)(3,907)
Accumulated other comprehensive loss(274)(320)
Common stock held in treasury – 184 shares and 183 shares, respectively, at cost(5,773)(5,701)
Total stockholders’ equity16,69315,555
Noncontrolling interests10,6179,316
Total equity27,31024,871
Total liabilities and equity$ 52,506$ 51,093
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 Tue Apr 23 2024, market cap of Freeport-McMoRan Inc is 68.82 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 Tue Apr 23 2024, FCX's PE ratio (Price to Earnings) is 18.35 and Price to Sales (PS) ratio is 3.01. 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 0.036 (multiply by 100 for percentage) rate of return.