Freeport-McMoRan Inc.
FCX
Rank in Stocks
#229
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive... 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.
Share Price
$69.56
Last synced: 2026-10-19
Market Cap
$99.99B
Change (1 day)
0.31%
Change (1 year)
64.86%
Country
US
Trade Freeport-McMoRan Inc. (FCX)
Category
Basic Materials
P/E ratio for Freeport-McMoRan Inc. (FCX)
P/E ratio as of October 2026 TTM: 34.30
According to Freeport-McMoRan Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.30. At the end of 2024 the company had a P/E ratio of 29.22.
P/E ratio history for Freeport-McMoRan Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 34.30 | 29.17% |
| 2025 | 26.55 | -9.13% |
| 2024 | 29.22 | -11.82% |
| 2023 | 33.14 | 109.47% |
| 2022 | 15.82 | 11.18% |
| 2021 | 14.23 | -77.57% |
| 2020 | 63.43 | -181.64% |
| 2019 | -77.70 | -1,459.08% |
| 2018 | 5.72 | -63.41% |
| 2017 | 15.62 | -455.83% |
| 2016 | -4.39 | 633.63% |
| 2015 | -0.60 | -96.77% |
| 2014 | -18.51 | -230.09% |
| 2013 | 14.23 | 33.30% |
| 2012 | 10.67 | 39.69% |
| 2011 | 7.64 | -39.77% |
| 2010 | 12.69 | 4.93% |
| 2009 | 12.09 | -1,533.17% |
| 2008 | -0.84 | -107.10% |
| 2007 | 11.87 | 62.44% |
| 2006 | 7.31 | -25.00% |
| 2005 | 9.75 | -71.70% |
| 2004 | 34.44 | -4.71% |
| 2003 | 36.14 | 145.18% |
| 2002 | 14.74 | -13.62% |
| 2001 | 17.07 | -0.33% |
| 2000 | 17.12 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 29.38 | -14.33% |
US
|
|
| - | - |
CA
|
|
| - | - |
CA
|
|
| - | - |
CN
|
|
| 7.62 | -77.78% |
PL
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.