Freeport-McMoRan Inc
Research Freeport-McMoRan Inc (FCX) on Bullrun: valuation model: 26.0% overvalued, market cap USD 105.82B, P/E 36.4, dividend yield 0.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFCX
- ExchangeNYSE
- CountryUnited States
- SectorBasic Materials
- IndustryCopper
- CurrencyUSD
- Valuation signal26.0% overvalued
- Market capUSD 105.82B
- P/E36.4
- Dividend yield0.8%
- Financial periodQ2 2026
- RevenueUSD 7.03B
- Net incomeUSD 984.00M
- Free cash flowUSD 944.00M
- Gross margin31.1%
Valuation Snapshot
Bullrun's latest valuation model marks Freeport-McMoRan Inc as 26.0% overvalued; latest market cap is USD 105.82B; P/E is 36.4; dividend yield is 0.8%.
Peer valuation comparison
Latest P/E is 36.38x versus a Basic Materials sector median of 16.68x (118.1% above).
Latest dividend yield is 0.82% versus a Basic Materials sector median of 2.3% (64.3% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 25.19B | USD 2.20B | USD 1.12B | 26.1% | 1.52 | USD 3.82B | USD 9.38B | USD 18.90B |
| FY2024 | USD 25.17B | USD 1.89B | USD 2.35B | 29.3% | 1.3 | USD 3.92B | USD 8.95B | USD 17.58B |
| FY2023 | USD 22.70B | USD 1.85B | USD 455.00M | 30.9% | 1.28 | USD 4.76B | USD 9.42B | USD 16.69B |
| FY2022 | USD 23.27B | USD 3.47B | USD 1.67B | 35.2% | 2.39 | USD 8.15B | USD 10.62B | USD 15.56B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 105.82B | 36.4 | 0.8% | 0.6 |
| 2025 | 2025-12-31 | USD 72.78B | 33.6 | 1.2% | 0.6 |
| 2024 | 2024-12-31 | USD 54.72B | 29.3 | 1.6% | 0.6 |
| 2023 | 2023-12-29 | USD 61.04B | 28.8 | 1.4% | 0.6 |
| 2022 | 2022-12-30 | USD 54.31B | 14.4 | 1.6% | 0.6 |
| 2021 | 2021-12-31 | USD 60.80B | 14.4 | 0.6% | 0.24 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.6 USD, yield 0.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.6 USD |
| FY2024 | 0.6 USD |
| FY2023 | 0.6 USD |
| FY2022 | 0.6 USD |
About Freeport-McMoRan Inc
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.
ETFs that hold Freeport-McMoRan Inc
Freeport-McMoRan Inc is one of the ten largest holdings of 18 ETFs that investors in Europe can buy. The 8 most traded of them:
| ETF | Weight | TER |
|---|---|---|
| Global X Copper Miners UCITS ETF USD Acc | 4.97% | 0.55% |
| VanEck S&P Global Mining UCITS ETF | 4.89% | 0.50% |
| Amundi S&P World Materials Screened UCITS ETF Acc | 4.10% | 0.18% |
| iShares Copper Miners UCITS ETF | 8.22% | 0.55% |
| iShares Essential Metals Producers UCITS ETF USD Acc | 6.26% | 0.55% |
| Xtrackers MSCI World Materials UCITS ETF 1C | 3.45% | 0.25% |
| iShares S&P 500 Materials Sector UCITS ETF USD (Acc) | 8.99% | 0.15% |
| JPM Global Equity Multi-Factor UCITS ETF USD Acc | 0.34% | 0.19% |
Related stock research
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Frequently asked questions
Is Freeport-McMoRan Inc overvalued or undervalued?
Bullrun's valuation model currently marks Freeport-McMoRan Inc as 26.0% overvalued.
What is Freeport-McMoRan Inc's market cap?
Freeport-McMoRan Inc's market capitalization is USD 105.82B.
What is Freeport-McMoRan Inc's P/E ratio?
Freeport-McMoRan Inc's price-to-earnings (P/E) ratio is 36.4.
Does Freeport-McMoRan Inc pay a dividend?
Freeport-McMoRan Inc has a dividend yield of 0.8%.
What does Freeport-McMoRan Inc 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, 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.