Freeport-McMoRan Inc. (fcx)
FCX — Company Overview
Freeport-McMoRan Inc. (FCX) is a large-cap company in the Basic Materials sector, operating in Copper.
| Ticker | FCX |
| Sector | Basic Materials |
| Industry | Copper |
| Exchange | NYQ |
| Market cap | $104.23B |
| Last price | $72.58 |
| Size category | Large Cap |
FCX — Business Description
Freeport-McMoRan Inc. (FCX) operates in Copper within the broader Basic Materials market. 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.
Official website: https://fcx.com.
FCX — Investment Thesis
The investment thesis for Freeport-McMoRan Inc. (FCX) rests on how Basic Materials dynamics, profitability, and valuation interact at today's price.
- Revenue is contracting at roughly -7.3% year-over-year (public data).
- Trailing P/E of 35.58× implies elevated growth expectations at the current price.
- Forward P/E (17.52×) is below trailing P/E — earnings may be expected to improve.
- Dividend yield near 0.8% adds an income component to total return.
- Equity market capitalization is approximately $104.23B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
FCX — Financial Health
Financial health for Freeport-McMoRan Inc. (FCX) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin near 11.4% leaves a narrower cushion versus higher-margin peers. Positive free cash flow of $2.16B supports balance-sheet flexibility.
| Trailing P/E | 35.58× |
| Forward P/E | 17.52× |
| Price / Sales | 4.03× |
| Price / Book | 5.18× |
| Gross margin | 38.3% |
| Operating margin | 33.4% |
| Profit margin | 11.4% |
| Return on equity | 14.8% |
| Debt / Equity | 32.15 |
| Free cash flow | $2.16B |
FCX — Growth Outlook
Growth outlook for Freeport-McMoRan Inc. (FCX) depends on demand trends in Copper and the company's ability to convert revenue into sustainable earnings.
- Revenue decline of -7.3% highlights near-term demand headwinds.
- Earnings growth of 28.1% year-over-year supports improving profitability.
- Price is 9.5% below the 52-week high.
FCX — Competitive Position
Freeport-McMoRan Inc. (FCX) is evaluated against peers on scale, margin structure, and capital efficiency within Basic Materials.
- Competes within Basic Materials, specifically in Copper.
- Market capitalization of $104.23B places FCX among large-cap peers.
- Gross margin of 38.3% should be benchmarked against direct competitors.
FCX — Strengths
Strengths for Freeport-McMoRan Inc. (FCX) inferred from public financial metrics:
- Earnings growth of 28.1% year-over-year.
- Gross margin of 38.3% supports competitive unit economics.
- Positive free cash flow ($2.16B).
- Moderate leverage (debt/equity 32.15).
- Large Cap scale ($104.23B) may provide distribution and funding advantages.
FCX — Weaknesses
Weaknesses and pressure points for Freeport-McMoRan Inc. (FCX) based on available data:
- Revenue contraction of -7.3% year-over-year.
- Elevated trailing P/E (35.58×) limits valuation margin of safety.
- High beta (1.40) amplifies market swings.
FCX — Opportunities
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
- Forward earnings multiple below trailing P/E — potential earnings acceleration ahead.
FCX — Risks
- Beta of 1.40 implies above-market volatility.
- Negative revenue growth may signal share loss or cyclical pressure.
FCX — Summary
Freeport-McMoRan Inc. (FCX) is a large-cap Basic Materials company focused on Copper, listed on NYQ. Last price $72.58 with market cap $104.23B. Trailing P/E 35.58×. Revenue declined -7.3% year-over-year per public data. Notable strengths include earnings growth of 28.1% year-over-year. Key watch items include revenue contraction of -7.3% year-over-year. Public estimates and earnings snapshots for Freeport-McMoRan Inc. are on this site; ownership, live news, and deeper models remain in Vest Terminal.
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Freeport-McMoRan Inc. FAQ
What does Freeport-McMoRan Inc. (FCX) do?
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, Bagda…
What is FCX's P/E ratio?
Freeport-McMoRan Inc. has a trailing P/E of 35.58× based on publicly available market data.
Does FCX pay a dividend?
Indicated dividend yield: 0.8%. Confirm ex-dates and payout history in Vest Terminal.
What sector is FCX in?
Freeport-McMoRan Inc. is classified in Basic Materials (Copper) on NYQ.
What is FCX's market capitalization?
Approximate market cap: $104.23B.
What are the main risks for FCX?
Key risks include above-average volatility (beta 1.40), elevated valuation, negative revenue growth, among factors on this page.
What are the strengths of FCX?
Potential positives include earnings growth of 28.1% year-over-year, gross margin of 38.3% supports competitive unit economics.
Where can I get analyst estimates for FCX?
Public analyst price targets and consensus for Freeport-McMoRan Inc. are on the free /stocks/fcx/estimates page. Deeper estimate history and models are available in Vest Terminal.