Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Freeport-McMoRan's current 10-Year Share Buyback Ratio was -0.60%.
XSWX:FCX's 10-Year Share Buyback Ratio is ranked better than 93.15% of 1591
companies
in the Metals & Mining industry
Industry Median: -18.1
vs XSWX:FCX: -0.60
Freeport-McMoRan (XSWX:FCX) 10-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Freeport-McMoRan 10-Year Share Buyback Ratio Related Terms
XSWX:FCX vs SCCO, IE, COPR: 10-Year Share Buyback Ratio Comparison
For the Copper subindustry, Freeport-McMoRan's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio 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 10-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's 10-Year Share Buyback Ratio falls into.
Freeport-McMoRan 10-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 10-Year Share Buyback Ratio of -0.60 mean?
Freeport-McMoRan (XSWX:FCX) has a 10-Year Share Buyback Ratio of -0.60 as of Jun. 2026. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Freeport-McMoRan and its competitors. According to the industry distribution chart, Freeport-McMoRan ranks #109 out of 1591 companies in the Metals & Mining industry, placing it in the top 6.9%.
Is Freeport-McMoRan's 10-Year Share Buyback Ratio too high?
Freeport-McMoRan's current 10-Year Share Buyback Ratio is -0.60. Based on the distribution chart, Freeport-McMoRan ranks #109 out of 1591 companies in the Metals & Mining industry, which is in the top quartile — a strong position 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 10-Year Share Buyback Ratio compare to SCCO and IE?
According to the Metals & Mining industry distribution chart, Freeport-McMoRan ranks #109 out of 1591 companies for 10-Year Share Buyback Ratio. This places Freeport-McMoRan in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year Share Buyback Ratio for a Metals & Mining company?
A good 10-Year Share Buyback Ratio depends on the Metals & Mining industry context. However, 10-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year Share Buyback Ratio mean?
A high 10-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for Freeport-McMoRan and its competitors. Freeport-McMoRan's current 10-Year Share Buyback Ratio is -0.60. 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 10-Year Share Buyback Ratio is -0.60. 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 10-Year Share Buyback Ratio calculated?
10-Year Share Buyback Ratio is calculated from a company's financial statements. For Freeport-McMoRan (XSWX:FCX), the current 10-Year Share Buyback Ratio is -0.60 as of Jun. 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:
10-Year Share Buyback Ratio: -0.60
GF Value™: CHF38.48 vs. price of CHF48.54 (26.1% above fair value)
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
Get the complete analysis for XSWX:FCX
10-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:FCX has been successfully added to your 
