Freeport-McMoRanMIL:1FCX -6.62%65 OCF Margin % is 23.98% as of Mar. 2026, which is 5% above its 10-year median of 22.83. GuruFocus rates MIL:1FCX with a GF Score™ of 65/100 and a GF Value™ of €40.22 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 846 Metals & Mining companies, Freeport-McMoRan ranks better than 70.92% on this metric.
The historical rank and industry rank for Freeport-McMoRan's OCF Margin % or its related term are showing as below:
MIL:1FCX'
s OCF Margin % Range Over the Past 10 Years
Min: 10.29 Med: 22.83 Max: 33.77
Current: 22.92
During the past 13 years, the highest OCF Margin % of Freeport-McMoRan was 33.77%. The lowest was 10.29%. And the median was 22.83%.
MIL:1FCX's OCF Margin % is ranked better than 70.92% of 846
companies
in the Metals & Mining industry
Industry Median: 4.465
vs MIL:1FCX: 22.92
Freeport-McMoRan OCF Margin % Related Terms
Freeport-McMoRan OCF Margin % Historical Data
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The historical data trend for Freeport-McMoRan's OCF Margin % 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.
MIL:1FCX vs SCCO, IE, COPRD: OCF Margin % Comparison
For the Copper subindustry, Freeport-McMoRan's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's OCF Margin % falls into.
* 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 (MIL:1FCX) has a OCF Margin % of 23.98% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Freeport-McMoRan and its competitors. This is near median its historical median of 22.83. Over the past decade, Freeport-McMoRan's OCF Margin % has ranged from 10.29 to 33.77. According to the industry distribution chart, Freeport-McMoRan ranks #246 out of 846 companies in the Metals & Mining industry, placing it in the top 29.1%.
Is Freeport-McMoRan's OCF Margin % too high?
Freeport-McMoRan's current OCF Margin % of 23.98% is near median its 10-year median of 22.83. Over the past 10 years, this metric has ranged from a low of 10.29 to a high of 33.77. The Metals & Mining industry median OCF Margin % is 4.47. Freeport-McMoRan's value of 23.98% is 437.1% above this industry median. Based on the distribution chart, Freeport-McMoRan ranks #246 out of 846 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Freeport-McMoRan has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's OCF Margin % compare to SCCO and IE?
According to the Metals & Mining industry distribution chart, Freeport-McMoRan ranks #246 out of 846 companies for OCF Margin %. This puts Freeport-McMoRan in the upper half of its industry. The industry median OCF Margin % is 4.47. Freeport-McMoRan's value of 23.98% is 437.1% above this benchmark. Historically, Freeport-McMoRan's own OCF Margin % has ranged from 10.29 to 33.77 over the past decade. While the company's 10-year median is 22.83 vs. the industry median of 4.47, 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 OCF Margin % for a Metals & Mining company?
The median OCF Margin % among Metals & Mining companies is 4.47, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Freeport-McMoRan's current OCF Margin % of 23.98% is 437.1% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Freeport-McMoRan and its competitors. For the Metals & Mining industry, the median OCF Margin % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freeport-McMoRan's current OCF Margin % is 23.98%, which is near median its own 10-year median of 22.83. 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 (MIL:1FCX) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.22, compared to a current price of €54.64 — trading 35.9% above its estimated fair value. The current OCF Margin % is 23.98%, which is near median its 10-year median of 22.83 and 437.1% above the Metals & Mining industry median of 4.47. Freeport-McMoRan's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Freeport-McMoRan (MIL:1FCX), the current OCF Margin % is 23.98% as of Mar. 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 (MIL:1FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of €54.64 is trading 35.9% above its estimated GF Value™ of €40.22.
GuruFocus considers Freeport-McMoRan to be Significantly Overvalued.
Key valuation signals for MIL:1FCX:
OCF Margin %: 23.98% (near median its 10-year median of 22.83)
GF Value™: €40.22 vs. price of €54.64 (35.9% above fair value)
Industry Position: 437.1% above the Metals & Mining median (#246 of 846)
No single metric tells the full story. See the MIL:1FCX 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.
65GF Score
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