Freeport-McMoRan Inc.

33.45
-4.75 (-12.43%)
At close: Apr 03, 2025, 3:59 PM
33.77
0.96%
After-hours: Apr 03, 2025, 07:59 PM EDT

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 (%) 83.17%
Shares Floating 1.43B
Failed to Deliver (FTD) Shares 42.47K
FTD / Avg. Volume 0.26%

Short Selling Information

The latest short interest is 26.09M, so 1.82% of the outstanding shares have been sold short.

Short Interest 26.09M
Short % of Shares Out 1.82%
Short % of Float 1.83%
Short Ratio (days to cover) 2.26

Valuation Ratios

The PE ratio is 28.99 and the forward PE ratio is 15.99. Freeport-McMoRan's PEG ratio is 18.7.

PE Ratio 28.99
Forward PE 15.99
PS Ratio 2.15
Forward PS 1.6
PB Ratio 3.11
P/FCF Ratio 23.28
PEG Ratio 18.7
Financial Ratio History

Enterprise Valuation

Freeport-McMoRan has an Enterprise Value (EV) of 59.78B.

EV / Sales 2.35
EV / EBITDA 6.77
EV / EBIT 8.35
EV / FCF 25.42

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 -23.06% in the last 52 weeks. The beta is 1.87, so Freeport-McMoRan's price volatility has been higher than the market average.

Beta 1.87
52-Week Price Change -23.06%
50-Day Moving Average 38.02
200-Day Moving Average 43.04
Relative Strength Index (RSI) 47.23
Average Volume (20 Days) 16.15M

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
Full Income Statement

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
Full Balance Sheet

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 1.64
Full Cash Flow Statement

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 1.57%.

Dividend Per Share $0.75
Dividend Yield 1.57%
Dividend Growth (YoY) 0%
Payout Ratio 57.69%
Earnings Yield 3.45%
FCF Yield 4.3%
Dividend Details

Analyst Forecast

The average price target for FCX is $53, which is 38.9% higher than the current price. The consensus rating is "Buy".

Price Target $53
Price Target Difference 38.9%
Analyst Consensus Buy
Analyst Count 12
Stock Forecasts

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 2.32
Piotroski F-Score 7