Freeport-McMoRan (MEX:FCX) Cyclically Adjusted Revenue per Share: MXN316.89 (As of Jun. 2026)

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MEX:FCX Freeport-McMoRan Inc MEX:FCX
81 GF Score
Price MXN1,185.00
GF Value MXN839.41
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Freeport-McMoRan Cyclically Adjusted Revenue per Share?

Freeport-McMoRan MEX:FCX 81 Cyclically Adjusted Revenue per Share is MXN316.89 as of Jun. 2026. GuruFocus rates MEX:FCX with a GF Score™ of 81/100 and a GF Value™ of MXN839.41 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Freeport-McMoRan's adjusted revenue per share for the three months ended in Jun. 2026 was MXN82.926. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN316.89 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Freeport-McMoRan's average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Freeport-McMoRan was 17.30% per year. The lowest was -4.30% per year. And the median was 8.50% per year.

As of today (2026-09-17), Freeport-McMoRan's current stock price is MXN1185.00. Freeport-McMoRan's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN316.89. Freeport-McMoRan's Cyclically Adjusted PS Ratio of today is 3.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Freeport-McMoRan was 4.60. The lowest was 0.32. And the median was 2.08.


Freeport-McMoRan  (MEX:FCX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Freeport-McMoRan's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1185.00/316.886
=3.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Freeport-McMoRan was 4.60. The lowest was 0.32. And the median was 2.08.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Freeport-McMoRan Cyclically Adjusted Revenue per Share Related Terms


Freeport-McMoRan Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Freeport-McMoRan's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Freeport-McMoRan Cyclically Adjusted Revenue per Share Chart

Freeport-McMoRan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 268.83 286.57 288.33 292.00 303.17

Freeport-McMoRan Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 302.07 305.58 304.65 311.65 316.89

MEX:FCX vs SCCO, IE, COPR: Cyclically Adjusted Revenue per Share Comparison

For the Copper subindustry, Freeport-McMoRan's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Freeport-McMoRan Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Freeport-McMoRan's Cyclically Adjusted PS Ratio falls into.


MEX:FCX
81GF Score
Freeport-McMoRan Inc MEX:FCX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freeport-McMoRan Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Freeport-McMoRan's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=82.926/333.9520*333.9520
=82.926

Current CPI (Jun. 2026) = 333.9520.

Freeport-McMoRan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 53.660 241.428 74.224
201612 59.454 241.432 82.238
201703 44.779 243.801 61.337
201706 46.931 244.955 63.982
201709 51.033 246.819 69.049
201712 62.719 246.524 84.962
201803 64.016 249.554 85.666
201806 69.367 251.989 91.930
201809 65.679 252.439 86.887
201812 50.709 251.233 67.405
201903 48.368 254.202 63.542
201906 48.219 256.143 62.867
201909 42.984 256.759 55.907
201912 50.425 256.974 65.530
202003 41.941 258.115 54.264
202006 46.127 257.797 59.753
202009 56.388 260.280 72.349
202012 59.121 260.474 75.799
202103 64.048 264.877 80.751
202106 75.434 271.696 92.719
202109 83.537 274.310 101.700
202112 83.115 278.802 99.556
202203 88.876 287.504 103.234
202206 85.065 296.311 95.871
202209 75.391 296.808 84.826
202212 74.448 296.797 83.768
202303 66.043 301.836 73.070
202306 72.810 305.109 79.693
202309 69.397 307.789 75.296
202312 70.535 306.746 76.791
202403 73.079 312.332 78.138
202406 76.010 314.175 80.795
202409 87.570 315.301 92.750
202412 81.773 315.605 86.527
202503 78.502 319.799 81.976
202506 101.703 322.561 105.295
202509 88.036 324.800 90.517
202512 66.463 324.054 68.493
202603 75.627 330.213 76.483
202606 82.926 333.952 82.926

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN316.89 mean?
Freeport-McMoRan (MEX:FCX) has a Cyclically Adjusted Revenue per Share of MXN316.89 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Cyclically Adjusted Revenue per Share too high?
Freeport-McMoRan's current Cyclically Adjusted Revenue per Share is MXN316.89. Overall, Freeport-McMoRan has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Cyclically Adjusted Revenue per Share compare to SCCO and IE?
Freeport-McMoRan's Cyclically Adjusted Revenue per Share of MXN316.89 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Cyclically Adjusted Revenue per Share is MXN316.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freeport-McMoRan stock overvalued right now?
Based on GuruFocus' analysis, Freeport-McMoRan (MEX:FCX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN839.41, compared to a current price of MXN1,185.00 — trading 41.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN316.89. Freeport-McMoRan's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Freeport-McMoRan (MEX:FCX), the current Cyclically Adjusted Revenue per Share is MXN316.89 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Freeport-McMoRan (MEX:FCX) Overvalued in 2026?

Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued. The current stock price of MXN1,185.00 is trading 41.2% above its estimated GF Value™ of MXN839.41. GuruFocus considers Freeport-McMoRan to be Significantly Overvalued.

Key valuation signals for MEX:FCX:

  • Cyclically Adjusted Revenue per Share: MXN316.89
  • GF Value™: MXN839.41 vs. price of MXN1,185.00 (41.2% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the MEX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freeport-McMoRan Business Description

Address 4340 East. Cotton Center boulevard, Suite 110, Phoenix, AZ, USA, 85040-8852
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
81GF Score

Get the complete analysis for MEX:FCX

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,185.00
Price
MXN839.41
GF Value