Freeport-McMoRan/$FCX
1D1W1MYTD1Y5YMAX
Capital at risk
About Freeport-McMoRan
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
- Ticker
- $FCX
- Sector
- Materials
- Primary listing
- NYSE
- Employees
- 29,000
- Headquarters
- Phoenix, United States
- Website
- fcx.com
Freeport-McMoRan Metrics
BasicAdvanced
$100B
33.98
$2.04
1.38
$0.60
0.43%
Price and volume
Market cap
$100B
Beta
1.38
52-week high
$80.24
52-week low
$35.15
Average daily volume
14M
Dividend rate
$0.60
Financial strength
Current ratio
2.066
Quick ratio
0.795
Long term debt to equity
0.284
Total debt to equity
0.321
Dividend payout ratio (TTM)
29.41%
Interest coverage (TTM)
16.55%
Profitability
EBITDA (TTM)
9,554
Gross margin (TTM)
38.28%
Net profit margin (TTM)
11.38%
Operating margin (TTM)
27.26%
Effective tax rate (TTM)
31.06%
Revenue per employee (TTM)
$890,000
Management effectiveness
Return on assets (TTM)
7.58%
Return on equity (TTM)
14.75%
Valuation
Price to earnings (TTM)
33.984
Price to revenue (TTM)
3.853
Price to book
4.95
Price to tangible book (TTM)
4.83
Price to free cash flow (TTM)
56.57
Free cash flow yield (TTM)
1.77%
Free cash flow per share (TTM)
1.226
Dividend yield (TTM)
0.87%
Forward dividend yield
0.43%
Growth
Revenue change (TTM)
0.19%
Earnings per share change (TTM)
53.59%
3-year revenue growth (CAGR)
5.73%
10-year revenue growth (CAGR)
6.74%
3-year earnings per share growth (CAGR)
11.63%
10-year earnings per share growth (CAGR)
-15.15%
10-year dividend per share growth (CAGR)
19.62%
What the Analysts think about Freeport-McMoRan
Analyst ratings (Buy, Hold, Sell) for Freeport-McMoRan stock.
Analyst projections of the future price of Freeport-McMoRan stock.
Bulls say / Bears say
Higher copper prices are materially improving earnings leverage: LME copper reached a record $6.56 per pound in August 2026, while FCX reported second-quarter consolidated operating cash flow of approximately $8.3 billion expected for full-year 2026 under its current price assumptions. (SEC)
The phased Grasberg Block Cave restart began in 2026, creating meaningful production upside if the ramp proceeds as planned; Reuters reported that FCX still targets full production by the end of 2027. (Reuters)
FCX secured a memorandum of understanding with Indonesia for life-of-resource operating rights at Grasberg, preserving long-term access to one of its most valuable copper-gold districts and supporting additional exploration and expansion opportunities. (Freeport-McMoRan)
Grasberg remains the key execution risk: FCX cut its 2026 Grasberg forecast to 800 million pounds of copper and 700,000 ounces of gold, while lowering the expected second-half operating rate to roughly 65%. (Reuters)
Temporary Grasberg disruption and restoration work are pressuring costs: FCX reported second-quarter 2026 unit net cash costs of $1.97 per pound and expects full-year costs of approximately $1.90 per pound. (Freeport-McMoRan)
FCX faces substantial capital intensity, with approximately $4.3 billion of planned 2026 capital expenditures, including $3.0 billion for major projects; reported net debt also excludes $3.2 billion tied to PT Freeport Indonesia’s downstream facilities. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.
Freeport-McMoRan Financial Performance
Revenues and expenses
Freeport-McMoRan Earnings Performance
Company profitability
Upcoming events
No upcoming events
Freeport-McMoRan News
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Funds containing Freeport-McMoRan
AllEURGBPUSD
Fund name | Fund size | $FCX weighting |
|---|---|---|
iShares Copper Miners€CEBS | €640M | 8.05% |
iShares Copper Miners£MINE | £549M | 8.05% |
iShares S&P 500 Materials Sector€2B7B | €186M | 7.34% |
iShares S&P 500 Materials Sector£IMSU | £160M | 7.34% |
iShares Essential Metals Producers€CEBT | €820M | 6.43% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.


