Freeport-McMoRan (FCX) valuation
Freeport-McMoRan P/E ratio history
Freeport-McMoRan trades at 30.8 times its earnings over the last twelve months and 15.4 times the earnings analysts expect over the next twelve. At its last 8 fiscal year ends its P/E ranged from 5.8 (year to Dec 2018) to 63.5 (year to Dec 2020), with a median of 22.7.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $50.79 | $1.51 | 33.6 | 25.9 |
| Dec 31, 2024 | $38.08 | $1.29 | 29.5 | 18.6 |
| Dec 31, 2023 | $42.57 | $1.27 | 33.5 | 24.6 |
| Dec 31, 2022 | $38.00 | $2.38 | 16.0 | 16.9 |
| Dec 31, 2021 | $41.73 | $2.90 | 14.4 | 12.2 |
| Dec 31, 2020 | $26.02 | $0.41 | 63.5 | — |
| Dec 31, 2019 | $13.12 | -$0.18 | n/m | — |
| Dec 31, 2018 | $10.31 | $1.77 | 5.8 | — |
| Dec 31, 2017 | $18.96 | $1.24 | 15.3 | — |
| Dec 31, 2016 | $13.19 | -$3.28 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Freeport-McMoRan valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Freeport-McMoRanFCX | $89.8B | 30.8 | 15.4 | 3.5 |
| Southern CopperSCCO | $147B | 26.3 | 23.0 | 9.3 |
| Peer median | 26.3 | 23.0 | 9.3 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: FCX financials · FCX returns
No forecast, no recommendation. This page describes Freeport-McMoRan from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.