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Freeport-McMoRanXSWX:FCX -3.80%88 EV-to-EBITDA is 11.69 as of Jul. 30, 2026, which is 46% above its 10-year median of 7.99. GuruFocus rates XSWX:FCX with a GF Score™ of 88/100 and a GF Value™ of CHF38.48 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 690 Metals & Mining companies, Freeport-McMoRan ranks worse than 56.38% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Freeport-McMoRan's enterprise value is CHF85,729 Mil.
Freeport-McMoRan's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was CHF7,331 Mil. Therefore, Freeport-McMoRan's EV-to-EBITDA for today is 11.69.
The historical rank and industry rank for Freeport-McMoRan's EV-to-EBITDA or its related term are showing as below:
XSWX:FCX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -355.03 Med: 7.99 Max: 22.79
Current: 11.34
During the past 13 years, the highest EV-to-EBITDA of Freeport-McMoRan was 22.79. The lowest was -355.03. And the median was 7.99.
XSWX:FCX's EV-to-EBITDA is ranked worse than 56.38% of 690
companies
in the Metals & Mining industry
Industry Median: 9.875
vs XSWX:FCX: 11.34
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Freeport-McMoRan's PE Ratio (TTM) for today is calculated as:
Freeport-McMoRan's share price for today is CHF48.54.
Freeport-McMoRan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1.613.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Freeport-McMoRan's EV-to-EBITDA 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.
XSWX:FCX vs SCCO, IE, COPR: EV-to-EBITDA Comparison
For the Copper subindustry, Freeport-McMoRan's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's EV-to-EBITDA falls into.
Freeport-McMoRan's current Enterprise Value is CHF85,729 Mil.
Freeport-McMoRan's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF7,331 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 (XSWX:FCX) has a EV-to-EBITDA of 11.69 as of Jul. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Freeport-McMoRan. This is 46% above median its historical median of 7.99. According to the industry distribution chart, Freeport-McMoRan ranks #389 out of 690 companies in the Metals & Mining industry, placing it in the top 56.4%.
Is Freeport-McMoRan's EV-to-EBITDA too high?
Freeport-McMoRan's current EV-to-EBITDA of 11.69 is 46% above median its 10-year median of 7.99. The Metals & Mining industry median EV-to-EBITDA is 9.88. Freeport-McMoRan's value of 11.69 is 18.4% above this industry median. Based on the distribution chart, Freeport-McMoRan ranks #389 out of 690 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Freeport-McMoRan has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's EV-to-EBITDA compare to SCCO and IE?
According to the Metals & Mining industry distribution chart, Freeport-McMoRan ranks #389 out of 690 companies for EV-to-EBITDA. This places Freeport-McMoRan in the lower half of its industry. The industry median EV-to-EBITDA is 9.88. Freeport-McMoRan's value of 11.69 is 18.4% above this benchmark. While the company's 10-year median is 7.99 vs. the industry median of 9.88, 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-EBITDA for a Metals & Mining company?
The median EV-to-EBITDA among Metals & Mining companies is 9.88, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Freeport-McMoRan's current EV-to-EBITDA of 11.69 is 18.4% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Freeport-McMoRan. For the Metals & Mining industry, the median EV-to-EBITDA is 9.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freeport-McMoRan's current EV-to-EBITDA is 11.69, which is 46% above median its own 10-year median of 7.99. 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 (XSWX:FCX) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF38.48, compared to a current price of CHF48.54 — trading 26.1% above its estimated fair value. The current EV-to-EBITDA is 11.69, which is 46% above median its 10-year median of 7.99 and 18.4% above the Metals & Mining industry median of 9.88. Freeport-McMoRan's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Freeport-McMoRan (XSWX:FCX), the current EV-to-EBITDA is 11.69 as of Jul. 30, 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 (XSWX:FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of CHF48.54 is trading 26.1% above its estimated GF Value™ of CHF38.48.
GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.
Key valuation signals for XSWX:FCX:
EV-to-EBITDA: 11.69 (46% above median its 10-year median of 7.99)
GF Value™: CHF38.48 vs. price of CHF48.54 (26.1% above fair value)
Industry Position: 18.4% above the Metals & Mining median (#389 of 690)
No single metric tells the full story. See the XSWX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
88GF Score
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