Freeport-McMoRan Inc. logo

Freeport-McMoRan Inc.

FCX

NYSEBasic MaterialsCopper

Previous close

$76.67

+$5.45 · +7.65%

Aug 21, 3:59 PM ET

Pre-market

$76.82

+$0.15 · +0.20%

Aug 24, 5:19 AM ET

FCX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

80

Undervalued

Momentum

50

Neutral

Sentiment

71

Bullish

Risk resilience

54

Elevated Risk

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Company profile

Company website

Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.

Industry
Copper
Sector
Basic Materials
Headquarters
US
CEO
Kathleen Lynne Quirk
Listed since
Jul 10, 1995
Employees
29,000

Market position

Day range

Current $76.67

52-week range

Current $76.67

Open
$74.46
Previous close
$71.22
Volume
25.79M
1.76× average
Average volume
14.64M
Average daily volume
Market cap
110.22B USD
Beta
1.38
Market reference 1
50-day average
$64.384
+19.08% above average
200-day average
$58.97
+30.02% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
81.44B USD
P/E (TTM)
37.77×
P/B (TTM)
5.5×
P/S (TTM)
4.26×
EV / EBITDA
9.3×
Earnings yield
3.01%
Free cash flow yield
1.52%
Dividend yield
0.78%

Profitability & efficiency

Gross margin
26.85%
Operating margin
26.70%
Net margin
11.38%
Return on equity
11.66%
Return on assets
3.79%
Return on invested capital
7.77%

Financial health

Debt / equity
0.52×
Current ratio
2.29×
Altman Z-score
3.43
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends40%28%16%4%Gross margin, FY2021: 37.07%Gross margin, FY2022: 34.68%Gross margin, FY2023: 30.30%Gross margin, FY2024: 29.48%Gross margin, FY2025: 26.98%Operating margin, FY2021: 34.95%Operating margin, FY2022: 32.36%Operating margin, FY2023: 26.79%Operating margin, FY2024: 26.97%Operating margin, FY2025: 24.44%Net margin, FY2021: 19.23%Net margin, FY2022: 14.83%Net margin, FY2023: 8.11%Net margin, FY2024: 7.40%Net margin, FY2025: 8.56%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.07%. Gross margin FY2022 34.68%. Gross margin FY2023 30.30%. Gross margin FY2024 29.48%. Gross margin FY2025 26.98%. Operating margin FY2021 34.95%. Operating margin FY2022 32.36%. Operating margin FY2023 26.79%. Operating margin FY2024 26.97%. Operating margin FY2025 24.44%. Net margin FY2021 19.23%. Net margin FY2022 14.83%. Net margin FY2023 8.11%. Net margin FY2024 7.40%. Net margin FY2025 8.56%.

Income trends

Revenue

25.74B USD+1.12%

Operating income

6.29B USD-8.36%

Net income

2.2B USD+17.05%
Income trends across reported periods28.13B USD18.57B USD9.01B USD−547.9M USDRevenue, FY2021: 22.36B USDRevenue, FY2022: 23.33B USDRevenue, FY2023: 22.71B USDRevenue, FY2024: 25.46B USDRevenue, FY2025: 25.74B USDOperating income, FY2021: 7.81B USDOperating income, FY2022: 7.55B USDOperating income, FY2023: 6.08B USDOperating income, FY2024: 6.86B USDOperating income, FY2025: 6.29B USDNet income, FY2021: 4.3B USDNet income, FY2022: 3.46B USDNet income, FY2023: 1.84B USDNet income, FY2024: 1.88B USDNet income, FY2025: 2.2B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 22.36B USD. Revenue FY2022 23.33B USD. Revenue FY2023 22.71B USD. Revenue FY2024 25.46B USD. Revenue FY2025 25.74B USD. Operating income FY2021 7.81B USD. Operating income FY2022 7.55B USD. Operating income FY2023 6.08B USD. Operating income FY2024 6.86B USD. Operating income FY2025 6.29B USD. Net income FY2021 4.3B USD. Net income FY2022 3.46B USD. Net income FY2023 1.84B USD. Net income FY2024 1.88B USD. Net income FY2025 2.2B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue25.74B USD25.46B USD22.71B USD23.33B USD22.36B USD
Cost of goods sold18.8B USD17.95B USD15.83B USD15.24B USD14.07B USD
Gross profit6.95B USD7.5B USD6.88B USD8.09B USD8.29B USD
Selling, general, and administrative545M USD513M USD479M USD420M USD383M USD
Operating expenses655M USD640M USD798M USD541M USD474M USD
Interest expense369M USD319M USD515M USD560M USD602M USD
Depreciation and amortization2.24B USD2.24B USD2.07B USD2.02B USD2B USD
Operating income6.29B USD6.86B USD6.08B USD7.55B USD7.81B USD
Net income2.2B USD1.88B USD1.84B USD3.46B USD4.3B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

41 ratings
Strong buy00%
Buy2561%
Hold1434%
Sell25%
Strong sell00%

Recent analyst actions

12 institutions

FCX peers

ETFs holding FCX

Funds reporting this stock among their holdings, ordered by reported position size.

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