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FCX (Freeport-McMoRan) Price-to-Free-Cash-Flow : 28.43 (As of Dec. 13, 2024)


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What is Freeport-McMoRan Price-to-Free-Cash-Flow?

As of today (2024-12-13), Freeport-McMoRan's share price is $41.59. Freeport-McMoRan's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $1.46. Hence, Freeport-McMoRan's Price-to-Free-Cash-Flow Ratio for today is 28.43.

The historical rank and industry rank for Freeport-McMoRan's Price-to-Free-Cash-Flow or its related term are showing as below:

FCX' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.95   Med: 15.16   Max: 825.71
Current: 28.46

During the past 13 years, Freeport-McMoRan's highest Price-to-Free-Cash-Flow Ratio was 825.71. The lowest was 3.95. And the median was 15.16.

FCX's Price-to-Free-Cash-Flow is ranked worse than
70.1% of 388 companies
in the Metals & Mining industry
Industry Median: 14.885 vs FCX: 28.46

Freeport-McMoRan's Free Cash Flow per Share for the three months ended in Sep. 2024 was $0.47. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.46.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Freeport-McMoRan was 306.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -24.20% per year.

During the past 13 years, Freeport-McMoRan's highest 3-Year average Free Cash Flow per Share Growth Rate was 118.20% per year. The lowest was -83.60% per year. And the median was -4.90% per year.


Freeport-McMoRan Price-to-Free-Cash-Flow Historical Data

The historical data trend for Freeport-McMoRan's Price-to-Free-Cash-Flow 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.

* Premium members only.

Freeport-McMoRan Price-to-Free-Cash-Flow Chart

Freeport-McMoRan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 35.99 11.04 33.01 135.14

Freeport-McMoRan Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Free-Cash-Flow 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 103.58 135.14 58.05 46.87 34.12

Competitive Comparison of Freeport-McMoRan's Price-to-Free-Cash-Flow

For the Copper subindustry, Freeport-McMoRan's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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's Price-to-Free-Cash-Flow Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Freeport-McMoRan's Price-to-Free-Cash-Flow falls into.



Freeport-McMoRan Price-to-Free-Cash-Flow Calculation

Freeport-McMoRan's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=41.59/1.463
=28.43

Freeport-McMoRan's Share Price of today is $41.59.
Freeport-McMoRan's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.46.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Freeport-McMoRan  (NYSE:FCX) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Freeport-McMoRan Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Freeport-McMoRan's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Freeport-McMoRan Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
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 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.
Executives
Maree E. Robertson officer: SVP & CFO 333 N. CENTRAL AVE., PHOENIX AZ 85004
Stephen T. Higgins officer: Senior VP & CAO 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Richard C Adkerson officer: President and CFO
Ellie L. Mikes officer: Chief Accounting Officer 333 N. CENTRAL AVE., PHOENIX AZ 85004
Currault Douglas N. Ii officer: Senior VP & General Counsel 333 N. CENTRAL AVENUE, PHOENIX AZ 85004
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
Ryan Michael Lance director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Robert W. Dudley director 333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
David P Abney director 55 GLENLAKE PARWAY, NE, ATLANTA GA 30328
Marcela E Donadio director 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Dustan E Mccoy director
Hugh Grant director C/O PPG INDUSTRIES, INC., 1 PPG PLACE, PITTSBURGH PA 15272
Whitmire C Donald Jr officer: Vice President and Controller
Kathleen L Quirk officer: SVP, CFO, Treasurer 1615 POYDRAS STREET, NEW ORLEANS LA 70112
Gerald J Ford director 200 CRESCENT CT STE 1350, DALLAS TX 75201