Freeport-McMoRan (FCX) fundamentals: P/E, valuation, undervalued?
Freeport-McMoRan · Materials · ref. ETF XLB · price $72.42
In short — Freeport-McMoRan trades at 35.7× earnings (P/E), 16.7× forward, with a net margin of 11.4 % and revenue growth of -7 %. Read: Cheap for the growth (P/E 17 for ~28% growth (PEG 0.6)).
Is Freeport-McMoRan stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$72.42+72.6% over range
Oct 14, 25low $38.65 · high $79.91Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
73% recommend buying · 11 analysts
Valuation : Cheap for the growth — P/E 17 for ~28% growth (PEG 0.6)
Valuation
35.7
P/E (price/earnings)
16.7
Forward P/E
1.27
PEG
5.2
Price/book (P/B)
$104.0B
Market cap
2.03
EPS
Profitability & growth
11.4 %
Net margin
-7 %
Revenue growth
+28 %
Earnings growth
$10.4B
Total debt
Freeport-McMoRan income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $22.8B | $3.5B | 15.2 % |
| 2023 | $22.9B | $1.8B | 8.1 % |
| 2024 | $25.5B | $1.9B | 7.4 % |
| 2025 | $25.9B | $2.2B | 8.5 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Freeport-McMoRan's P/E and is the stock undervalued? What's a good P/E?
Freeport-McMoRan's P/E is 35.7 (forward 16.7). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Freeport-McMoRan profitable?
Freeport-McMoRan has a net margin of 11.4 % (EPS 2.03). The company is profitable.
Is FCX stock expensive?
Our read: "Cheap for the growth" — P/E 17 for ~28% growth (PEG 0.6). Cross-check with growth and sector.
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