Switch to:
Also traded in: Argentina, Brazil, Chile, Germany, Mexico, Switzerland, UK

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.27
FCX's Cash to Debt is ranked lower than
78% of the 1591 Companies
in the Global Copper industry.

( Industry Median: 25.29 vs. FCX: 0.27 )
Ranked among companies with meaningful Cash to Debt only.
FCX' s Cash to Debt Range Over the Past 10 Years
Min: 0  Med: 0.16 Max: 1.36
Current: 0.27
0
1.36
Equity to Asset 0.16
FCX's Equity to Asset is ranked lower than
90% of the 751 Companies
in the Global Copper industry.

( Industry Median: 0.59 vs. FCX: 0.16 )
Ranked among companies with meaningful Equity to Asset only.
FCX' s Equity to Asset Range Over the Past 10 Years
Min: 0.03  Med: 0.24 Max: 0.5
Current: 0.16
0.03
0.5
F-Score: 7
Z-Score: 0.12
M-Score: -1.41
WACC vs ROIC
15.78%
-11.15%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) -18.50
FCX's Operating margin (%) is ranked lower than
68% of the 773 Companies
in the Global Copper industry.

( Industry Median: 0.45 vs. FCX: -18.50 )
Ranked among companies with meaningful Operating margin (%) only.
FCX' s Operating margin (%) Range Over the Past 10 Years
Min: -84.29  Med: 28.93 Max: 47.77
Current: -18.5
-84.29
47.77
Net-margin (%) -28.68
FCX's Net-margin (%) is ranked lower than
72% of the 776 Companies
in the Global Copper industry.

( Industry Median: -1.04 vs. FCX: -28.68 )
Ranked among companies with meaningful Net-margin (%) only.
FCX' s Net-margin (%) Range Over the Past 10 Years
Min: -76.81  Med: 14.85 Max: 22.84
Current: -28.68
-76.81
22.84
ROE (%) -79.01
FCX's ROE (%) is ranked lower than
81% of the 1444 Companies
in the Global Copper industry.

( Industry Median: -12.05 vs. FCX: -79.01 )
Ranked among companies with meaningful ROE (%) only.
FCX' s ROE (%) Range Over the Past 10 Years
Min: -94.48  Med: 16.08 Max: 39.52
Current: -79.01
-94.48
39.52
ROA (%) -10.36
FCX's ROA (%) is ranked higher than
50% of the 1614 Companies
in the Global Copper industry.

( Industry Median: -10.10 vs. FCX: -10.36 )
Ranked among companies with meaningful ROA (%) only.
FCX' s ROA (%) Range Over the Past 10 Years
Min: -34.58  Med: 7.22 Max: 15.66
Current: -10.36
-34.58
15.66
ROC (Joel Greenblatt) (%) -8.27
FCX's ROC (Joel Greenblatt) (%) is ranked higher than
58% of the 1540 Companies
in the Global Copper industry.

( Industry Median: -14.61 vs. FCX: -8.27 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
FCX' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -58.61  Med: 19.58 Max: 48.23
Current: -8.27
-58.61
48.23
Revenue Growth (3Y)(%) -18.50
FCX's Revenue Growth (3Y)(%) is ranked lower than
74% of the 642 Companies
in the Global Copper industry.

( Industry Median: -4.20 vs. FCX: -18.50 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
FCX' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -18.5  Med: 4.8 Max: 49.3
Current: -18.5
-18.5
49.3
GuruFocus has detected 2 Warning Signs with Freeport-McMoRan Inc $FCX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» FCX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

FCX Guru Trades in Q1 2016

Caxton Associates 2,427,000 sh (New)
Steven Cohen 706,300 sh (New)
Jeremy Grantham 575,344 sh (+45.09%)
Ray Dalio 401,691 sh (+13.70%)
Mario Gabelli 4,721,750 sh (+12.79%)
Chris Davis 520,684 sh (+0.18%)
Carl Icahn 104,000,000 sh (unchged)
John Burbank Sold Out
David Tepper Sold Out
Signature Select Canadian Fund 98,900 sh (-3.23%)
Murray Stahl 146,955 sh (-24.91%)
David Dreman 975 sh (-96.00%)
» More
Q2 2016

FCX Guru Trades in Q2 2016

Jim Simons 3,347,271 sh (New)
John Burbank 935,260 sh (New)
Stanley Druckenmiller 3,470,700 sh (New)
Mario Gabelli 4,854,850 sh (+2.82%)
Jeremy Grantham 575,344 sh (unchged)
Jeremy Grantham 158,000 sh (unchged)
Alan Fournier 5,000,000 sh (unchged)
David Dreman 975 sh (unchged)
Carl Icahn 104,000,000 sh (unchged)
Paul Tudor Jones 69,000 sh (unchged)
Paul Tudor Jones 132,700 sh (unchged)
Chris Davis Sold Out
Caxton Associates Sold Out
Steven Cohen Sold Out
Murray Stahl 137,847 sh (-6.20%)
Ray Dalio 369,991 sh (-7.89%)
» More
Q3 2016

FCX Guru Trades in Q3 2016

Ken Heebner 1,850,000 sh (New)
Paul Tudor Jones 82,926 sh (New)
Steven Cohen 402,600 sh (New)
Joel Greenblatt 37,609 sh (New)
Stanley Druckenmiller 4,877,000 sh (+40.52%)
Jim Simons 3,900,871 sh (+16.54%)
Murray Stahl 139,691 sh (+1.34%)
David Dreman 975 sh (unchged)
Jeremy Grantham 308,000 sh (unchged)
Carl Icahn 104,000,000 sh (unchged)
Ray Dalio Sold Out
John Burbank Sold Out
Mario Gabelli 4,838,950 sh (-0.33%)
Signature Select Canadian Fund 83,100 sh (-15.98%)
Jeremy Grantham 397,744 sh (-30.87%)
» More
Q4 2016

FCX Guru Trades in Q4 2016

Ray Dalio 765,947 sh (New)
John Burbank 467,325 sh (New)
Caxton Associates 150,000 sh (New)
Scott Black 138,435 sh (New)
Joel Greenblatt 132,087 sh (+251.21%)
Steven Cohen 702,200 sh (+74.42%)
Paul Tudor Jones 144,002 sh (+73.65%)
Jim Simons 3,973,671 sh (+1.87%)
Jeremy Grantham 308,000 sh (unchged)
Ken Heebner Sold Out
David Dreman Sold Out
Mario Gabelli 4,709,150 sh (-2.68%)
Jeremy Grantham 380,644 sh (-4.30%)
Murray Stahl 129,380 sh (-7.38%)
Carl Icahn 91,236,296 sh (-12.27%)
Stanley Druckenmiller 2,882,600 sh (-40.89%)
» More
» Details

Insider Trades

Latest Guru Trades with FCX

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Metals & Mining » Copper    NAICS: 212234    SIC: 1021
Compare:NYSE:SCCO, OTCPK:FQVLF, NYSE:TRQ, OTCPK:LUNMF, OTCPK:OZMLF, NYSE:HBM, AMEX:NSU, OTCPK:IPMLF, OTCPK:CSFFF, OTCPK:SRCSF, OTCPK:CPPMF, OTCPK:BOCOF, OTCPK:ARREF, OTCPK:CPFXF, OTCPK:NEVDF, OTCPK:APCDF, OTCPK:AZRMF, OTCPK:BZDLF, OTCPK:TVIPF, OTCPK:HDRSF » details
Traded in other countries:FCX.Argentina, FCXO34.Brazil, FCX.Chile, FPMB.Germany, FCX.Mexico, FCX.Switzerland, 0R2O.UK,
Freeport-McMoRan Inc, formerly Freeport-McMoRan Copper & Gold, deals in the mining of copper, gold and molybdenum.

Freeport-McMoRan Inc was incorporated under the laws of the state of Delaware on November 10, 1987. Effective July 14, 2014, Freeport-McMoRan Copper & Gold Inc. changed its name to Freeport-McMoRan Inc. The Company is a U.S.-based natural resources company with a portfolio of mineral assets and oil and natural gas resources. Its portfolio of assets includes the Grasberg minerals district in Indonesia, mining operations in North and South America; the Tenke Fungurume minerals district in the Democratic Republic of Congo in Africa; and U.S. oil and natural gas assets. The Company acquired mining assets in North America, South America and Africa when it acquired Phelps Dodge Corporation in 2007. It acquired oil and gas operations when it acquired Plains Exploration & Production Company and McMoRan Exploration Co. The Company has organized its mining operations into five primary divisions - North America copper mines, South America mining, Indonesia mining, Africa mining and Molybdenum mines, and operating segments that meet certain thresholds are reportable segments. For oil and gas operations, it determines its operating segments on a country-by-country basis. Its reportable segments include the Morenci, Cerro Verde, Grasberg and Tenke Fungurume copper mines, the Rod & Refining operations and the United States (U.S.) Oil & Gas operations. In North America, it operates seven copper mines - Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico, and two molybdenum mines - Henderson and Climax in Colorado. In addition to copper its North America copper mines also produce molybdenum concentrate and silver. In South America, it operates two copper mines - Cerro Verde in Peru and El Abra in Chile. In addition to copper, the Cerro Verde mine also produces molybdenum concentrate and silver. In Indonesia, its subsidiary PT-FI operates the mines in the Grasberg minerals district. In addition to copper, the Grasberg minerals district also produces gold and silver. In Africa, its subsidiary Tenke Fungurume Mining S.A. operates the mines in the Tenke minerals district. In addition to copper, the Tenke minerals district also produces cobalt hydroxide. Its portfolio of oil and gas assets include oil production facilities and growth potential in the Deepwater GOM, established oil production onshore and offshore California, onshore natural gas resources in the Haynesville shale in Louisiana, natural gas production from the Madden area in central Wyoming, and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore in South Louisiana. Its oil products include transportation fuels, fuel oils for heating and electricity generation, asphalt and road oil, and the feedstocks used to make chemicals, plastics and synthetic materials. The Company produces copper concentrate at six mines. In North America, copper concentrate is produced at the Morenci, Bagdad, Sierrita and Chino mines, and a portion i

Ratios

vs
industry
vs
history
Forward P/E 12.80
FCX's Forward P/E is ranked higher than
75% of the 217 Companies
in the Global Copper industry.

( Industry Median: 15.67 vs. FCX: 12.80 )
Ranked among companies with meaningful Forward P/E only.
N/A
P/B 3.77
FCX's P/B is ranked lower than
67% of the 1666 Companies
in the Global Copper industry.

( Industry Median: 2.20 vs. FCX: 3.77 )
Ranked among companies with meaningful P/B only.
FCX' s P/B Range Over the Past 10 Years
Min: 0.8  Med: 1.67 Max: 4.47
Current: 3.77
0.8
4.47
P/S 1.39
FCX's P/S is ranked higher than
62% of the 752 Companies
in the Global Copper industry.

( Industry Median: 2.03 vs. FCX: 1.39 )
Ranked among companies with meaningful P/S only.
FCX' s P/S Range Over the Past 10 Years
Min: 0.55  Med: 1.15 Max: 1.66
Current: 1.39
0.55
1.66
PFCF 24.48
FCX's PFCF is ranked lower than
61% of the 281 Companies
in the Global Copper industry.

( Industry Median: 17.69 vs. FCX: 24.48 )
Ranked among companies with meaningful PFCF only.
FCX' s PFCF Range Over the Past 10 Years
Min: 21.47  Med: 73.45 Max: 1925
Current: 24.48
21.47
1925
POCF 5.64
FCX's POCF is ranked higher than
72% of the 460 Companies
in the Global Copper industry.

( Industry Median: 9.60 vs. FCX: 5.64 )
Ranked among companies with meaningful POCF only.
FCX' s POCF Range Over the Past 10 Years
Min: 2.28  Med: 4.95 Max: 5.99
Current: 5.64
2.28
5.99
EV-to-EBIT -13.71
FCX's EV-to-EBIT is ranked lower than
99.99% of the 478 Companies
in the Global Copper industry.

( Industry Median: 20.45 vs. FCX: -13.71 )
Ranked among companies with meaningful EV-to-EBIT only.
FCX' s EV-to-EBIT Range Over the Past 10 Years
Min: -13.73  Med: -2.8 Max: 521.3
Current: -13.71
-13.73
521.3
EV-to-EBITDA -257.19
FCX's EV-to-EBITDA is ranked lower than
99.99% of the 547 Companies
in the Global Copper industry.

( Industry Median: 12.54 vs. FCX: -257.19 )
Ranked among companies with meaningful EV-to-EBITDA only.
FCX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -325.1  Med: -3.8 Max: 12.8
Current: -257.19
-325.1
12.8
Current Ratio 2.45
FCX's Current Ratio is ranked higher than
54% of the 1576 Companies
in the Global Copper industry.

( Industry Median: 2.14 vs. FCX: 2.45 )
Ranked among companies with meaningful Current Ratio only.
FCX' s Current Ratio Range Over the Past 10 Years
Min: 0.87  Med: 1.74 Max: 3.42
Current: 2.45
0.87
3.42
Quick Ratio 1.59
FCX's Quick Ratio is ranked lower than
51% of the 1576 Companies
in the Global Copper industry.

( Industry Median: 1.66 vs. FCX: 1.59 )
Ranked among companies with meaningful Quick Ratio only.
FCX' s Quick Ratio Range Over the Past 10 Years
Min: 0.27  Med: 0.91 Max: 2.1
Current: 1.59
0.27
2.1
Days Inventory 83.30
FCX's Days Inventory is ranked lower than
54% of the 626 Companies
in the Global Copper industry.

( Industry Median: 75.58 vs. FCX: 83.30 )
Ranked among companies with meaningful Days Inventory only.
FCX' s Days Inventory Range Over the Past 10 Years
Min: 64.93  Med: 108.37 Max: 133.31
Current: 83.3
64.93
133.31
Days Sales Outstanding 29.34
FCX's Days Sales Outstanding is ranked higher than
57% of the 626 Companies
in the Global Copper industry.

( Industry Median: 38.06 vs. FCX: 29.34 )
Ranked among companies with meaningful Days Sales Outstanding only.
FCX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.33  Med: 25.32 Max: 44.75
Current: 29.34
12.33
44.75

Buy Back

vs
industry
vs
history
Dividend Growth (3y) -100.00
FCX's Dividend Growth (3y) is ranked lower than
68% of the 236 Companies
in the Global Copper industry.

( Industry Median: -20.60 vs. FCX: -100.00 )
Ranked among companies with meaningful Dividend Growth (3y) only.
FCX' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: 0 Max: -100
Current: -100
Yield on cost (5-Year) 0.34
FCX's Yield on cost (5-Year) is ranked higher than
55% of the 891 Companies
in the Global Copper industry.

( Industry Median: 0.08 vs. FCX: 0.34 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
FCX' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.19  Med: 2.52 Max: 13.29
Current: 0.34
0.19
13.29
3-Year Average Share Buyback Ratio -11.50
FCX's 3-Year Average Share Buyback Ratio is ranked higher than
54% of the 1144 Companies
in the Global Copper industry.

( Industry Median: -13.10 vs. FCX: -11.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FCX' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -29.7  Med: -7.3 Max: 8.9
Current: -11.5
-29.7
8.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 3.21
FCX's Price/Tangible Book is ranked lower than
64% of the 1610 Companies
in the Global Copper industry.

( Industry Median: 2.43 vs. FCX: 3.21 )
Ranked among companies with meaningful Price/Tangible Book only.
FCX' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.53  Med: 1.88 Max: 3.31
Current: 3.21
1.53
3.31
Price/Projected FCF 2.68
FCX's Price/Projected FCF is ranked lower than
59% of the 400 Companies
in the Global Copper industry.

( Industry Median: 2.22 vs. FCX: 2.68 )
Ranked among companies with meaningful Price/Projected FCF only.
FCX' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.5  Med: 0.87 Max: 2.69
Current: 2.68
0.5
2.69
Price/Median PS Value 0.66
FCX's Price/Median PS Value is ranked higher than
79% of the 661 Companies
in the Global Copper industry.

( Industry Median: 1.12 vs. FCX: 0.66 )
Ranked among companies with meaningful Price/Median PS Value only.
FCX' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.66  Med: 1.09 Max: 1.15
Current: 0.66
0.66
1.15
Earnings Yield (Greenblatt) (%) -7.31
FCX's Earnings Yield (Greenblatt) (%) is ranked lower than
64% of the 1759 Companies
in the Global Copper industry.

( Industry Median: -4.50 vs. FCX: -7.31 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
FCX' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -7.31  Med: 9.3 Max: 10
Current: -7.31
-7.31
10
Forward Rate of Return (Yacktman) (%) 2.82
FCX's Forward Rate of Return (Yacktman) (%) is ranked higher than
63% of the 295 Companies
in the Global Copper industry.

( Industry Median: -3.76 vs. FCX: 2.82 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
FCX' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -4.3  Med: 5.1 Max: 5.7
Current: 2.82
-4.3
5.7

More Statistics

Revenue (TTM) (Mil) $15,115
EPS (TTM) $ -3.36
Beta3.22
Short Percentage of Float4.97%
52-Week Range $6.55 - 17.06
Shares Outstanding (Mil)1,440.00

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 15,029 15,295 16,102
EPS ($) 1.30 1.19 1.31
EPS w/o NRI ($) 1.30 1.19 1.31
EPS Growth Rate
(3Y to 5Y Estimate)
-20.76%
Dividends Per Share ($) 0.37 0.38
» More Articles for NYSE:FCX

Headlines

Articles On GuruFocus.com
Assessment on Freeport McMoRan Feb 20 2017 
Anadarko Petroleum: Focused Asset Strategy to Deliver Returns Jan 10 2017 
Vedanta Ltd.: Undervalued and Attractive for Long-Term Investments Jan 04 2017 
Anadarko Petroleum Likely to Outperform in 2017 Dec 22 2016 
Economic Forces, More than Politics, Drive Stocks Nov 30 2016 
Vedanta Is a Long-Term Value Creator Aug 17 2016 
Market Doomsdayer Stanley Druckenmiller Buys Agriculture, Defense, Halliburton Aug 17 2016 
Freeport-McMoRan: Consolidation Is a Buying Opportunity Aug 16 2016 
Caxton Associates Buys Coca-Cola, Goldman Sachs Jun 17 2016 
GuruFocus Best Idea Contest 2016: Who Is Beating the Market Jun 05 2016 

More From Other Websites
Factors That Are Supporting Copper Prices This Year Feb 23 2017
Copper Producers and Freeport-McMoRan’s Indonesia Woes Feb 23 2017
Cramer: Why Gilead could be a value trap Feb 22 2017
Chemical romance helps Dow hit record; First Solar, Intel, Freeport down as other stock indexes dip Feb 22 2017
Stocks to watch: Tesla, Cheesecake earnings; Apple, Goldman Sachs record highs; First Solar and... Feb 21 2017
Congo Miner Said to Get $100 Million to Clear China Moly Buy Feb 21 2017
The Biggest Loser: Freeport-McMoRan Drops 5.2% Feb 21 2017
Mining Giant BHP Billiton Earnings Spikes 687%; Dividend Hiked 150% Feb 21 2017
7 Stocks That Are Beating the Market Feb 21 2017
US STOCKS-Wall St hits record high as retail earnings boost optimism Feb 21 2017
Apple, Broadcom Hit Highs As PTs Raised; Freeport, Marriott Downgraded Feb 21 2017
Freeport-McMoRan Lowers Production Estimates After Failing to Reach Grasberg Deal Feb 21 2017
Morning Movers: Kraft Falls, Wal-Mart, Macy's Rise Feb 21 2017
US STOCKS-Wall St to open near record-highs on strong retail earnings Feb 21 2017
FREEPORT-MCMORAN INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits Feb 21 2017
6:22 am Freeport-McMoRan provides update on the status of PT Freeport Indonesia's operations and its... Feb 21 2017
Coverage initiated on Freeport-McMoRan by Citigroup Feb 21 2017
[$$] Freeport-McMoRan Heads Toward Showdown With Indonesia Feb 21 2017
Ten stocks to watch Tuesday as Trump rally looks to continue record streak Feb 20 2017

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)