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Freeport-McMoRan Inc. (FCX)

59.61 +1.70 (+2.94%)
As of 10:57:42 AM EST. Market Open.
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11m ago
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Freeport-McMoRan approved a $4.5 billion Bagdad mine expansion, targeting higher copper and molybdenum production by mid-2030. Recent earnings estimate increases, stronger metal prices, and Grasberg recovery support the outlook, while higher costs and execution risks remain central investor concerns.

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  • Previous Close 57.90
  • Open 59.08
  • Bid 59.08 x 10000
  • Ask 59.17 x 30000
  • Day's Range 58.35 - 59.77
  • 52 Week Range 38.75 - 80.24
  • Volume 4,873,787
  • Avg. Volume 12,392,367
  • Market Cap (intraday) 85.594B
  • Beta (5Y Monthly) 1.37
  • PE Ratio (TTM) 25.04
  • EPS (TTM) 2.38
  • Earnings Date (est.) Jan 21, 2027
  • Forward Dividend & Yield 0.60 (1.04%)
  • 1y Target Est 78.75
  • Morningstar Rating Rating available with Stock Picks access

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. The company was incorporated in 1987 and is headquartered in Phoenix, Arizona.

fcx.com

29,000

Full Time Employees

December 31

Fiscal Year Ends

Copper

Industry

Recent News

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Performance Overview

Trailing total returns as of 11/6/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FCX
18.42%
S&P 500 (^GSPC)
8.48%

1-Year Return

FCX
55.61%
S&P 500 (^GSPC)
10.50%

3-Year Return

FCX
74.83%
S&P 500 (^GSPC)
70.09%

5-Year Return

FCX
72.39%
S&P 500 (^GSPC)
58.08%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 7.55B
Earnings 1.17B
Profit Margin 15.56%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
2B
4B
6B
8.0%
10.0%
12.0%
14.0%

Analyst Insights

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Analyst Price Targets

33.00 Low
78.75 Average
59.60 Current
90.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/2/2026
Analyst Freedom Broker
Rating Action Maintains
Rating Hold
Price Action Lowers
Price Target 75 -> 68

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    13.03%

  • Return on Assets (ttm)

    7.99%

  • Return on Equity (ttm)

    15.72%

  • Revenue (ttm)

    26.44B

  • Net Income Avi to Common (ttm)

    3.44B

  • Diluted EPS (ttm)

    2.38

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.34B

  • Total Debt/Equity (mrq)

    30.81%

  • Levered Free Cash Flow (ttm)

    1.87B

Company Insights

Research Reports

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