Freeport-McMoRan Inc. (FCX)
Freeport-McMoRan Statistics
Share Statistics
Freeport-McMoRan has 1.44B shares outstanding. The number of shares has increased by 0.04% in one year.
| Shares Outstanding | 1.44B |
| Shares Change (YoY) | 0.04% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 83.28% |
| Shares Floating | 1.43B |
| Failed to Deliver (FTD) Shares | 125 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 27.87M, so 1.94% of the outstanding shares have been sold short.
| Short Interest | 27.87M |
| Short % of Shares Out | 1.94% |
| Short % of Float | 1.95% |
| Short Ratio (days to cover) | 1.48 |
Valuation Ratios
The PE ratio is 29.29 and the forward PE ratio is 16.53. Freeport-McMoRan's PEG ratio is 18.89.
| PE Ratio | 29.29 |
| Forward PE | 16.53 |
| PS Ratio | 2.17 |
| Forward PS | 1.6 |
| PB Ratio | 3.15 |
| P/FCF Ratio | 23.53 |
| PEG Ratio | 18.89 |
Enterprise Valuation
Freeport-McMoRan has an Enterprise Value (EV) of 60.36B.
| EV / Sales | 2.37 |
| EV / EBITDA | 6.84 |
| EV / EBIT | 8.43 |
| EV / FCF | 25.66 |
Financial Position
The company has a current ratio of 2.42, with a Debt / Equity ratio of 0.51.
| Current Ratio | 2.42 |
| Quick Ratio | 1.18 |
| Debt / Equity | 0.51 |
| Debt / EBITDA | 1.01 |
| Debt / FCF | 3.8 |
| Interest Coverage | 21.52 |
Financial Efficiency
Return on Equity is 10.74% and Return on Invested Capital is 8.82%.
| Return on Equity | 10.74% |
| Return on Assets | 3.44% |
| Return on Invested Capital | 8.82% |
| Revenue Per Employee | $893.16K |
| Profits Per Employee | $66.28K |
| Employee Count | 28,500 |
| Asset Turnover | 0.46 |
| Inventory Turnover | 2.61 |
Taxes
| Income Tax | 2.52B |
| Effective Tax Rate | 36.53% |
Stock Price Statistics
The stock price has increased by -26.06% in the last 52 weeks. The beta is 1.71, so Freeport-McMoRan's price volatility has been higher than the market average.
| Beta | 1.71 |
| 52-Week Price Change | -26.06% |
| 50-Day Moving Average | 36.74 |
| 200-Day Moving Average | 41.75 |
| Relative Strength Index (RSI) | 56.23 |
| Average Volume (20 Days) | 18.79M |
Income Statement
In the last 12 months, Freeport-McMoRan had revenue of 25.45B and earned 1.89B in profits. Earnings per share was 1.31.
| Revenue | 25.45B |
| Gross Profit | 7.66B |
| Operating Income | 6.86B |
| Net Income | 1.89B |
| EBITDA | 8.83B |
| EBIT | 6.59B |
| Earnings Per Share (EPS) | 1.31 |
Balance Sheet
The company has 3.92B in cash and 8.95B in debt, giving a net cash position of -5.03B.
| Cash & Cash Equivalents | 3.92B |
| Total Debt | 8.95B |
| Net Cash | -5.03B |
| Retained Earnings | -170M |
| Total Assets | 54.85B |
| Working Capital | 7.8B |
Cash Flow
In the last 12 months, operating cash flow was 7.16B and capital expenditures -4.81B, giving a free cash flow of 2.35B.
| Operating Cash Flow | 7.16B |
| Capital Expenditures | -4.81B |
| Free Cash Flow | 2.35B |
| FCF Per Share | 1.62 |
Margins
Gross margin is 30.09%, with operating and profit margins of 26.97% and 7.42%.
| Gross Margin | 30.09% |
| Operating Margin | 26.97% |
| Pretax Margin | 27.13% |
| Profit Margin | 7.42% |
| EBITDA Margin | 34.68% |
| EBIT Margin | 26.97% |
| FCF Margin | 9.24% |
Dividends & Yields
FCX pays an annual dividend of $0.75, which amounts to a dividend yield of 1.8%.
| Dividend Per Share | $0.75 |
| Dividend Yield | 1.8% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 57.69% |
| Earnings Yield | 3.41% |
| FCF Yield | 4.25% |
Analyst Forecast
The average price target for FCX is $47, which is 25.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $47 |
| Price Target Difference | 25.9% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
Stock Splits
The last stock split was on Feb 2, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Feb 2, 2011 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 2.23 |
| Piotroski F-Score | 7 |