Freeport-McMoRanFCX +1.64%88 EV-to-FCF is 61.14 as of Jul. 10, 2026, which is 202% above its 10-year median of 20.23. GuruFocus rates FCX with a GF Score™ of 88/100 and a GF Value™ of $48.05 (Modestly Overvalued). Among 443 Metals & Mining companies, Freeport-McMoRan ranks worse than 79.91% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Freeport-McMoRan's Enterprise Value is $107,109 Mil.
Freeport-McMoRan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,752 Mil. Therefore, Freeport-McMoRan's EV-to-FCF for today is 61.14.
The historical rank and industry rank for Freeport-McMoRan's EV-to-FCF or its related term are showing as below:
FCX'
s EV-to-FCF Range Over the Past 10 Years
Min: -117.33 Med: 20.23 Max: 1532.12
Current: 61.14
During the past 13 years, the highest EV-to-FCF of Freeport-McMoRan was 1532.12. The lowest was -117.33. And the median was 20.23.
FCX's EV-to-FCF is ranked worse than 79.91% of 443
companies
in the Metals & Mining industry
Industry Median: 18.92
vs FCX: 61.14
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $61.52.
Freeport-McMoRan's Earnings per Share (Diluted) 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 $1.880.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Freeport-McMoRan EV-to-FCF Related Terms
Freeport-McMoRan EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Freeport-McMoRan's EV-to-FCF 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.
For the Copper subindustry, Freeport-McMoRan's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's EV-to-FCF falls into.
Freeport-McMoRan's current Enterprise Value is $107,109 Mil.
Freeport-McMoRan's Free Cash Flow 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 $1,752 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 (FCX) has a EV-to-FCF of 61.14 as of Jul. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Freeport-McMoRan and its competitors. This is 202% above median its historical median of 20.23. According to the industry distribution chart, Freeport-McMoRan ranks #354 out of 443 companies in the Metals & Mining industry, placing it in the top 79.9%.
Is Freeport-McMoRan's EV-to-FCF too high?
Freeport-McMoRan's current EV-to-FCF of 61.14 is 202% above median its 10-year median of 20.23. The Metals & Mining industry median EV-to-FCF is 18.92. Freeport-McMoRan's value of 61.14 is 223.2% above this industry median. Based on the distribution chart, Freeport-McMoRan ranks #354 out of 443 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. 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-FCF compare to SCCO and IE?
According to the Metals & Mining industry distribution chart, Freeport-McMoRan ranks #354 out of 443 companies for EV-to-FCF. This places Freeport-McMoRan in the lower half of its industry. The industry median EV-to-FCF is 18.92. Freeport-McMoRan's value of 61.14 is 223.2% above this benchmark. While the company's 10-year median is 20.23 vs. the industry median of 18.92, 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-FCF for a Metals & Mining company?
The median EV-to-FCF among Metals & Mining companies is 18.92, based on 443 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Freeport-McMoRan's current EV-to-FCF of 61.14 is 223.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Freeport-McMoRan and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 18.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freeport-McMoRan's current EV-to-FCF is 61.14, which is 202% above median its own 10-year median of 20.23. 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 (FCX) is currently considered Modestly Overvalued. The stock's GF Value™ is $48.05, compared to a current price of $61.52 — trading 28% above its estimated fair value. The current EV-to-FCF is 61.14, which is 202% above median its 10-year median of 20.23 and 223.2% above the Metals & Mining industry median of 18.92. Freeport-McMoRan's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Freeport-McMoRan (FCX), the current EV-to-FCF is 61.14 as of Jul. 10, 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 (FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of $61.52 is trading 28% above its estimated GF Value™ of $48.05.
GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.
Key valuation signals for FCX:
EV-to-FCF: 61.14 (202% above median its 10-year median of 20.23)
GF Value™: $48.05 vs. price of $61.52 (28% above fair value)
Industry Position: 223.2% above the Metals & Mining median (#354 of 443)
No single metric tells the full story. See the 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
Get the complete analysis for FCX
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FCX has been successfully added to your 
