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Freeport-McMoRan Inc. (FCX)

Listed on NYSE • Basic Materials / Copper
FCX logo

Overview

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, as well as oil and gas. Its 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. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. 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.

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Key Information

Symbol: FCX
CEO: Kathleen Lynne Quirk
Exchange: NYSE
CIK: 0000831259
Website: https://fcx.com
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 03:59 PM EST)

Price
40.2
Change
0.78
Change %
1.98%
Open
39.89
Previous Close
39.42
High
40.67
Low
39.63
Volume
9,536,496
Market Cap
57,718,120,448
EV/EBITDA
8.38

Capital Structure (Updated: Nov 05 03:59 PM EST)

Shares Outstanding
1,435,774,134
FloatShares
1,392,006,000
Float Ratio
96.95%
Shares Short
19,786,656
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
1.39%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
0.73 trading days
Held Percent Insiders
0.67%
Held Percent Institutions
87.16%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date (Estimated) 2026-01-22
Earnings Call (Estimated) 2025-11-18
Avg EPS Estimate 0.2939
Low EPS Estimate 0.2347
High EPS Estimate 0.46
Revenue
Avg Revenue Forecast 5,497,286,080
Low Revenue Forecast 4,869,353,540
High Revenue Forecast 6,630,000,000

FCX Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$4,318,000,128Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio1.046The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio2.455The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$9,297,999,872Total liabilities, used together with cash and liquidity ratios to assess debt burden.

FCX Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$9,660,999,680EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$6,352,999,936Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$2,175,249,920Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin39.10%Gross margin; a higher value indicates stronger product profitability.
Operating Margin28.06%Operating margin; slightly negative, indicating high operating costs.
Profit Margin7.97%Net profit margin, which reflects overall profitability.

FCX Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio30.59%Low leverage level, indicating the company has low debt pressure.
Total Debt$9,297,999,872Used together with cash and EBITDA to assess debt-paying ability.

FCX Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)2.70%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)27.80%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for FCX (Key ratios, margins, and cash flow)

Field Value Description
Current Price$40.21Latest stock trading price
Price Target (High)$58Analyst highest expected price
Price Target (Low)$25Analyst lowest expected price
Price Target (Average)$47.71Average target price across analysts
Price Target (Median)$48Median of target prices
Average Rating Score1.81Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationbuyConsensus rating
Analyst Coverage Count20Number of analysts providing estimates
Cash Holdings$4,318,000,128Total cash held by the company
Cash per Share$3.08Cash value per outstanding share
Total Debt$9,297,999,872Company's total debt
Quick Ratio1.046Ability to cover short-term liabilities (excludes inventory)
Current Ratio2.455Overall short-term liquidity
Debt/Equity Ratio30.59%Leverage ratio: Debt / Equity
EBITDA$9,660,999,680Earnings before interest, taxes, depreciation & amortization
Total Revenue$26,001,999,872Total company revenue
Revenue per Share$18.101Total revenue divided by shares outstanding
Gross Profit39.10%Revenue minus cost of goods sold
Return on Assets7.81%Net income / Total assets
Return on Equity14.54%Net income / Shareholder equity
Earnings Growth (YoY)27.80%Year-over-year EPS growth
Revenue Growth (YoY)2.70%Year-over-year revenue growth
Gross Margin39.10%Gross profit / Total revenue
EBITDA Margin37.16%EBITDA / Revenue
Operating Margin28.06%Operating income / Revenue
Profit Margin7.97%Net income / Revenue
Free Cash Flow$2,175,249,920Cash left after capital expenditures
Operating Cash Flow$6,352,999,936Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo