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FCX

Freeport-McMoRan Inc

FCX

38.14USD+1.77 (+4.87%)Market Closed
Watchlist

Market Summary

USD38.14+1.77
Market Closed
4.87%

FCX Stock Price

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FCX RSI Chart

FCX Valuation

Market Cap

54.7B

Price/Earnings (Trailing)

16.49

Price/Sales (Trailing)

2.41

EV/EBITDA

6.68

Price/Free Cashflow

10.88

FCX Price/Sales (Trailing)

FCX Profitability

Operating Margin

28.81%

EBT Margin

23.80%

Return on Equity

20.47%

Return on Assets

6.52%

Free Cashflow Yield

9.19%

FCX Fundamentals

FCX Revenue

Revenue (TTM)

22.7B

Revenue Y/Y

16.41%

Revenue Q/Q

1.52%

FCX Earnings

Earnings (TTM)

3.3B

Earnings Y/Y

-29.58%

Earnings Q/Q

-30.31%

Price Action

Last 7 days

-2.8%

Last 30 days

13.5%

Last 90 days

-2.9%

Trailing 12 Months

-4.3%

How does FCX drawdown profile look like?

FCX Financial Health

Current Ratio

2.94

FCX Investor Care

Dividend Yield

1.57%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

0.90%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202321.6B21.9B22.7B0
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

Latest Insider Trading transactions for FCX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 02, 2023
adkerson richard c
gifted
-
-
-22,101
chairman of the board & ceo
Oct 01, 2023
grant hugh
acquired
31,249
37.29
838
-
Oct 01, 2023
stephens john joseph
acquired
18,719
37.29
502
-
Aug 23, 2023
adkerson richard c
gifted
-
-
-8,523
chairman of the board & ceo
Jul 01, 2023
grant hugh
acquired
31,240
40.00
781
-
Jul 01, 2023
stephens john joseph
acquired
18,720
40.00
468
-
Jun 01, 2023
stephens john joseph
acquired
-
-
5,000
-
Jun 01, 2023
grant hugh
acquired
-
-
5,000
-
Jun 01, 2023
kennard lydia h
acquired
-
-
5,000
-
Jun 01, 2023
lewis sara grootwassink
acquired
-
-
5,000
-

1–10 of 50

Which funds bought or sold FCX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 07, 2023
Financial Insights, Inc.
new
-
365,398
365,398
0.13%
Dec 07, 2023
Hudson Bay Capital Management LP
added
214
5,403,800
8,203,800
0.03%
Dec 06, 2023
CITIGROUP INC
reduced
-30.81
-59,338,600
107,815,000
0.08%
Dec 06, 2023
Raleigh Capital Management Inc.
added
5.22
-408
22,574
0.01%
Dec 06, 2023
VisionPoint Advisory Group, LLC
new
-
1,181,760
1,181,760
0.51%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-564
7,756
-%
Dec 04, 2023
Phoenix Holdings Ltd.
added
120
4,220,360
8,190,600
0.07%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
added
5.32
-31,627
1,758,220
0.05%
Nov 30, 2023
Neo Ivy Capital Management
sold off
-100
-360,000
-
-%
Nov 29, 2023
Carmignac Gestion
reduced
-6.9
-8,822,340
57,997,200
1.06%

1–10 of 40

Latest Funds Activity

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

Schedule 13G FIlings of Freeport-McMoRan Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital research global investors
5.6%
80,587,216
SC 13G/A
Feb 09, 2023
vanguard group inc
8.20%
117,165,294
SC 13G/A
Feb 09, 2023
fmr llc
-
0
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
Feb 09, 2022
fmr llc
-
0
SC 13G
Feb 09, 2022
vanguard group inc
7.81%
114,741,622
SC 13G/A
Feb 08, 2022
blackrock inc.
7.5%
109,683,594
SC 13G
Feb 16, 2021
capital research global investors
4.0%
58,133,772
SC 13G/A

Recent SEC filings of Freeport-McMoRan Inc

View All Filings
Date Filed Form Type Document
Dec 05, 2023
4
Insider Trading
Nov 17, 2023
8-K
Current Report
Nov 03, 2023
10-Q
Quarterly Report
Oct 19, 2023
8-K
Current Report
Oct 02, 2023
4
Insider Trading
Oct 02, 2023
4
Insider Trading

FCX Fair Value

Loading...

Peers (Alternatives to Freeport-McMoRan Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
58.3B
10.4B
7.29% 22.78%
20.9
5.6
3.67% -4.72%
54.7B
22.7B
13.48% -4.32%
16.49
2.41
-2.06% -44.93%
40.5B
35.7B
5.94% 7.42%
8.11
1.13
-17.19% -41.93%
31.1B
11.1B
12.36% -17.06%
-38.21
2.81
-8.67% -181.14%
15.4B
15.1B
-0.17% 26.55%
10.13
1.02
-13.35% -20.92%
MID-CAP
8.8B
21.9B
4.01% 7.55%
22.79
0.4
-5.85% -84.47%
6.5B
10.6B
-1.96% -46.96%
-9.33
0.55
-19.11% -2294.62%
5.3B
8.8B
1.19% -8.05%
6.2
0.61
-1.28% -7.73%
2.8B
754.4M
18.09% -15.59%
-62.08
3.76
6.37% -117.56%
2.4B
1.7B
8.72% 36.09%
22.61
1.41
-2.39% 36.52%
SMALL-CAP
1.2B
769.2M
31.30% -11.18%
-39.83
1.5
-1.81% 78.97%
998.7M
1.2B
2.50% -43.23%
47.9
0.83
-3.17% 194.56%
730.0M
2.2B
22.67% -2.83%
-3.91
0.33
-24.20% -216.77%
234.6M
-
-6.06% 50.00%
-74.42
-
- -196.73%
4.3M
16.3M
11.11% -92.03%
-0.36
0.26
-42.20% -176.50%

Freeport-McMoRan Inc News

Latest updates
Nasdaq08 Dec 202307:01 pm13 hours ago
Valdosta Daily Times08 Dec 202305:57 pm14 hours ago
London South East08 Dec 202302:48 pm17 hours ago
Yahoo Finance08 Dec 202302:00 pm18 hours ago
InvestorsObserver08 Dec 202312:54 pm19 hours ago
Batteries News07 Dec 202303:51 pm40 hours ago
MarketBeat07 Dec 202303:02 pm41 hours ago
Nasdaq07 Dec 202302:00 pm42 hours ago
MarketBeat07 Dec 202301:12 pm43 hours ago
Yahoo Finance06 Dec 202303:35 pm2 days ago
London South East04 Dec 202311:56 pm4 days ago
StockNews.com04 Dec 202305:37 pm4 days ago
News10NBC04 Dec 202305:16 pm4 days ago
Insider Monkey03 Dec 202311:42 am5 days ago
Investopedia01 Dec 202309:42 pm7 days ago

Financials for Freeport-McMoRan Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue1.5%5,8245,7375,3895,7585,0035,4166,6036,1646,0835,7484,8504,4953,8513,0542,7983,9113,1533,5463,7923,6844,908
Cost Of Revenue-0.2%4,0864,0963,5644,0233,8993,5283,6393,7233,5513,5503,2063,0662,8682,6133,1083,4083,0333,3593,3233,3233,527
Costs and Expenses0.1%4,3324,3273,7884,2284,0413,6803,7943,8593,6213,6813,3182,7862,9712,7333,2713,1363,1913,5133,4713,3683,593
  S&GA Expenses2.6%11811512610798.0010011594.0010287.0010097.0072.0091.0011092.0010192.0011281.00101
EBITDA Margin-100.0%-0.30*0.32*0.36*0.37*0.42*0.43*0.40*0.39*0.35*0.30*0.19*0.12*0.05*0.02*0.08*-----
Interest Expenses100.0%--171-151-137-140-156-127-171-138-148-145-236-120-115-127-219-123-132-146-509-143
Income Taxes-5.8%50853949955731557182462562860344361129796.00-60.0032991.00-15.00105-552522
Earnings Before Taxes16.1%1,4721,2681,5381,5368671,5992,7131,9732,3601,9281,3981,469723217-612366-149-94.00183-1811,186
EBT Margin-100.0%-0.24*0.26*0.29*0.31*0.36*0.36*0.34*0.34*0.29*0.23*0.13*0.05*-0.01*-0.04*0.02*-----
Net Income-100.0%-7311,0499775601,0381,9041,3581,7231,331953858432124-54943.00-234-74.0076.00378664
Net Income Margin-100.0%-0.15*0.17*0.20*0.21*0.25*0.26*0.23*0.23*0.19*0.15*0.06*0.00*-0.05*-0.06*-0.01*-----
Free Cashflow-100.0%-1,6731,0501,0697581,6211,6912,2801,9652,3951,0751,3271,237491-38.00170-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.5%51,64850,90750,90951,09349,92750,11348,83248,02246,91745,43643,64342,14441,09940,23040,21940,80940,94341,08641,05942,21637,749
  Current Assets0.1%14,07714,05714,74615,61315,37316,18215,30214,83013,79112,59910,8569,3038,0717,1557,3577,9158,3478,7309,04510,46410,921
    Cash Equivalents-2.2%6,5396,6836,8528,1468,5789,7458,5888,3147,9196,5694,8353,9032,6551,7291,8672,2782,5123,0063,1124,4554,823
  Net PPE2.0%34,53533,84533,15932,62731,81431,20030,70830,34530,10229,83629,77529,81829,91129,93629,89929,58429,33028,84128,49728,01023,013
Liabilities0.4%24,97124,88025,26126,22225,74626,06624,79025,00324,38624,50124,07023,47623,53723,07523,25623,36123,40123,26923,21824,32424,295
  Current Liabilities1.5%4,8604,7885,2816,3455,9995,9326,4545,8925,5235,5274,6113,4173,0962,9063,1433,2093,3813,2863,2473,3293,851
  Long Term Debt-----------------9,9159,9129,90211,12411,123
    LT Debt, Current-5.4%35.0037.0049.001,0371,0321,0381,3653728971,05765634.0047.0090.002455.00---17.00-
    LT Debt, Non Current-0.9%9,3709,4589,5869,5839,65810,0548,2569,0788,7688,6389,1539,6779,9839,8249,8299,8219,9159,9129,90211,12411,123
Shareholder's Equity64.7%26,67716,20225,64815,55514,95424,04724,04223,01922,53120,93519,57318,66817,56217,15516,96317,44817,54217,81717,84117,89213,454
  Retained Earnings15.6%-2,447-2,901-3,244-3,907-4,604-5,008-5,848-7,375-8,481-9,880-10,963-11,681-12,389-12,718-12,771-12,280-12,289-12,082-12,010-12,041-12,526
  Additional Paid-In Capital-0.8%24,83325,02825,22725,32225,48325,66125,83525,87526,02326,08426,08026,03725,93425,90525,87525,83025,88025,94925,96326,01326,603
Shares Outstanding-100.0%-1,4341,433-1,4311,4471,455-1,4691,4671,462-1,4531,4531,4521,4521,4521,4511,4511,4501,450
Minority Interest4.0%10,2189,8259,5919,3169,2279,1589,1769,0399,1788,9248,6538,4948,3268,2018,1088,1508,0988,1088,0588,0943,477
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-26.1%1,236,000,0001,673,000,0001,050,000,0001,069,000,000758,000,0001,621,000,0001,691,000,0002,280,000,0001,965,000,0002,395,000,0001,075,000,0001,327,000,0001,237,000,000491,000,000-38,000,000170,000,000224,000,000554,000,000534,000,000-62,000,0001,247,000,000
  Share Based Compensation-10.5%17,000,00019,000,00053,000,00020,000,00013,000,00013,000,00049,000,00019,000,00023,000,00015,000,00041,000,00039,000,00017,000,00016,000,00027,000,00011,000,00012,000,00011,000,00029,000,0006,000,00010,000,000
Cashflow From Investing-1.5%-1,219,000,000-1,201,000,000-1,164,000,000-1,059,000,000-851,000,000-816,000,000-714,000,000-733,000,000-398,000,000-465,000,000-368,000,000169,000,000-407,000,000-480,000,000-546,000,000-278,000,000-658,000,000-621,000,000-546,000,000-3,546,000,000-502,000,000
Cashflow From Financing35.3%-414,000,000-640,000,000-1,172,000,000-444,000,000-828,000,000352,000,000-703,000,000-1,152,000,000-217,000,000-196,000,000225,000,000-248,000,00096,000,000-149,000,000173,000,000-126,000,000-60,000,000-39,000,000-1,331,000,0003,240,000,000-63,000,000
  Dividend Payments0%215,000,000215,000,000217,000,000214,000,000214,000,000218,000,000220,000,000111,000,000109,000,000111,000,000----73,000,00073,000,00072,000,00073,000,00073,000,000-168,000,00072,000,000
  Buy Backs-----162,000,000644,000,000541,000,000488,000,000-------------

FCX Income Statement

2023-09-30
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Revenues$ 5,824$ 5,003$ 16,950$ 17,022
Cost of sales:    
Production and delivery3,5483,36610,2609,519
Depreciation, depletion and amortization (DD&A)5335081,4791,504
Metals inventory adjustments525743
Total cost of sales4,0863,89911,74611,066
Selling, general and administrative expenses11898359313
Mining exploration and research expenses303810387
Environmental obligations and shutdown costs98623951
Net gain on sales of assets000(2)
Total costs and expenses4,3324,04112,44711,515
Operating income1,4929624,5035,507
Interest expense, net(96)(140)(418)(423)
Net gain on early extinguishment of debt5201028
Other income, net712518367
Income before income taxes and equity in affiliated companies’ net earnings1,4728674,2785,179
Provision for income taxes(508)(315)(1,546)(1,710)
Equity in affiliated companies’ net earnings081233
Net income9645602,7443,502
Net income (loss) attributable to noncontrolling interests5101561,284731
Net income attributable to common stockholders$ 454$ 404$ 1,460$ 2,771
Net income per share attributable to common stockholders:    
Earnings per share, basic (in dollars per share)$ 0.31$ 0.28$ 1.01$ 1.91
Earnings per share, diluted (in dollars per share)$ 0.31$ 0.28$ 1.01$ 1.90
Weighted-average shares of common stock outstanding:    
Basic weighted-average shares of common stock outstanding1,4351,4311,4341,444
Diluted weighted-average shares of common shares outstanding1,4431,4391,4431,455
Dividends declared per share of common stock (in dollars per share)$ 0.15$ 0.15$ 0.45$ 0.45

FCX Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 5,745$ 8,146
Restricted cash and cash equivalents697111
Trade accounts receivable7921,336
Income and other tax receivables488459
Inventories:  
Product2,4151,833
Materials and supplies, net2,1311,964
Mill and leach stockpiles1,4031,383
Other current assets406381
Total current assets14,07715,613
Property, plant, equipment and mine development costs, net34,53532,627
Long-term mill and leach stockpiles1,3271,252
Other assets1,7091,601
Total assets51,64851,093
Current liabilities:  
Accounts payable and accrued liabilities3,7244,027
Long-term Debt, Current Maturities351,037
Accrued income taxes489744
Environmental And Asset Retirement Obligations, Current395320
Dividends Payable, Current217217
Total current liabilities4,8606,345
Long-term debt, less current portion9,3709,583
Environmental and AROs, less current portion4,6454,463
Deferred income taxes4,3994,269
Other liabilities1,6971,562
Total liabilities24,97126,222
Stockholders’ equity:  
Common stock162161
Capital in excess of par value24,83325,322
Accumulated deficit(2,447)(3,907)
Accumulated other comprehensive loss(317)(320)
Common stock held in treasury(5,772)(5,701)
Total stockholders’ equity16,45915,555
Noncontrolling interests10,2189,316
Total equity26,67724,871
Total liabilities and equity$ 51,648$ 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
 WEBSITEfcx.com
 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 Dec 08 2023, market cap of Freeport-McMoRan Inc is 54.69 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. 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 Dec 08 2023, FCX's PE ratio (Price to Earnings) is 16.49 and Price to Sales (PS) ratio is 2.41. 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 0.021 (multiply by 100 for percentage) rate of return.