Freeport-McMoRan (XTER:FPMB) EV-to-EBIT: 15.17 (As of Jul. 23, 2026) — 39% Above Median

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XTER:FPMB Freeport-McMoRan Inc XTER:FPMB
90 GF Score
Price €56.56
GF Value €40.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Freeport-McMoRan EV-to-EBIT?

Freeport-McMoRan XTER:FPMB +4.16% 90 EV-to-EBIT is 15.17 as of Jul. 23, 2026, which is 39% above its 10-year median of 10.89. GuruFocus rates XTER:FPMB with a GF Score™ of 90/100 and a GF Value™ of €40.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 664 Metals & Mining companies, Freeport-McMoRan ranks worse than 57.68% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Freeport-McMoRan's Enterprise Value is €98,315 Mil. Freeport-McMoRan's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €6,481 Mil. Therefore, Freeport-McMoRan's EV-to-EBIT for today is 15.17.

The historical rank and industry rank for Freeport-McMoRan's EV-to-EBIT or its related term are showing as below:

XTER:FPMB' s EV-to-EBIT Range Over the Past 10 Years
Min: -13.98   Med: 10.89   Max: 288.83
Current: 14.89

During the past 13 years, the highest EV-to-EBIT of Freeport-McMoRan was 288.83. The lowest was -13.98. And the median was 10.89.

XTER:FPMB's EV-to-EBIT is ranked worse than
57.68% of 664 companies
in the Metals & Mining industry
Industry Median: 12.31 vs XTER:FPMB: 14.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Freeport-McMoRan's Enterprise Value for the quarter that ended in Mar. 2026 was €87,317 Mil. Freeport-McMoRan's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €6,481 Mil. Freeport-McMoRan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.42%.


Freeport-McMoRan  (XTER:FPMB) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Freeport-McMoRan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=6480.627/87316.975
=7.42 %

Freeport-McMoRan's Enterprise Value for the quarter that ended in Mar. 2026 was €87,317 Mil.
Freeport-McMoRan's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,481 Mil.

* 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 EV-to-EBIT Related Terms


Freeport-McMoRan EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Freeport-McMoRan's EV-to-EBIT 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 EV-to-EBIT Chart

Freeport-McMoRan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.66 9.14 11.78 9.93 13.55

Freeport-McMoRan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 10.40 10.97 10.17 13.55 13.70

XTER:FPMB vs SCCO, IE, COPRD: EV-to-EBIT Comparison

For the Copper subindustry, Freeport-McMoRan's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Freeport-McMoRan's EV-to-EBIT falls into.


XTER:FPMB
90GF Score
Freeport-McMoRan Inc XTER:FPMB
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freeport-McMoRan EV-to-EBIT Calculation

Freeport-McMoRan's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=98315.484/6480.627
=15.17

Freeport-McMoRan's current Enterprise Value is €98,315 Mil.
Freeport-McMoRan's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,481 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 15.17 mean?
Freeport-McMoRan (XTER:FPMB) has a EV-to-EBIT of 15.17 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Freeport-McMoRan and its competitors. This is 39% above median its historical median of 10.89. According to the industry distribution chart, Freeport-McMoRan ranks #383 out of 664 companies in the Metals & Mining industry, placing it in the top 57.7%.
Is Freeport-McMoRan's EV-to-EBIT too high?
Freeport-McMoRan's current EV-to-EBIT of 15.17 is 39% above median its 10-year median of 10.89. The Metals & Mining industry median EV-to-EBIT is 12.31. Freeport-McMoRan's value of 15.17 is 23.2% above this industry median. Based on the distribution chart, Freeport-McMoRan ranks #383 out of 664 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Freeport-McMoRan has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's EV-to-EBIT compare to SCCO and IE?
According to the Metals & Mining industry distribution chart, Freeport-McMoRan ranks #383 out of 664 companies for EV-to-EBIT. This places Freeport-McMoRan in the lower half of its industry. The industry median EV-to-EBIT is 12.31. Freeport-McMoRan's value of 15.17 is 23.2% above this benchmark. While the company's 10-year median is 10.89 vs. the industry median of 12.31, Freeport-McMoRan has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Metals & Mining company?
The median EV-to-EBIT among Metals & Mining companies is 12.31, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Freeport-McMoRan's current EV-to-EBIT of 15.17 is 23.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Freeport-McMoRan and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freeport-McMoRan's current EV-to-EBIT is 15.17, which is 39% above median its own 10-year median of 10.89. 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 (XTER:FPMB) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.94, compared to a current price of €56.56 — trading 38.2% above its estimated fair value. The current EV-to-EBIT is 15.17, which is 39% above median its 10-year median of 10.89 and 23.2% above the Metals & Mining industry median of 12.31. Freeport-McMoRan's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Freeport-McMoRan (XTER:FPMB), the current EV-to-EBIT is 15.17 as of Jul. 23, 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 (XTER:FPMB) Overvalued in 2026?

Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued. The current stock price of €56.56 is trading 38.2% above its estimated GF Value™ of €40.94. GuruFocus considers Freeport-McMoRan to be Significantly Overvalued.

Key valuation signals for XTER:FPMB:

  • EV-to-EBIT: 15.17 (39% above median its 10-year median of 10.89)
  • GF Value™: €40.94 vs. price of €56.56 (38.2% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 23.2% above the Metals & Mining median (#383 of 664)

No single metric tells the full story. See the XTER:FPMB 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.
90GF Score

Get the complete analysis for XTER:FPMB

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€56.56
Price
€40.94
GF Value