Also trades as FPMB.DE, FCXO34.SA.
FCX
BuyPremium GrowerAI neutralFreeport-McMoRan Inc. · Basic Materials · United States · $104.2B cap · $835.3M/day traded
$73.29 -0.5% · close 12 Oct · scored 14 Oct
Premium Grower: Strong business with the market behind it, priced at a premium.
Report expected 22 Oct: the next-year EPS estimate has risen 7.4% over the last 13 weeks.
As of 14 Oct 2026, MoatMap's StockRank for Freeport-McMoRan Inc. (FCX) is 73/100, ranked against 24,000+ stocks in 35 markets (Quality 67, Value 26, Momentum 74, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Freeport-McMoRan is one of the world's largest copper producers and runs the Grasberg complex in Indonesia. Copper recently hit a record high as Chile's output fell to a 19-year low, and demand from data centres and grid upgrades supports the longer-term case. But this is a commodity producer whose earnings move with the metal price, not a business with pricing power. Grasberg has been disrupted since the September 2025 mud-rush incident, which also drew shareholder law-firm investigations. The shares already reflect much of the copper optimism, so the risk-reward is not clearly lopsided.
ABOUT FREEPORT-MCMORAN INC.
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Freeport-McMoRan is one of the world's largest publicly traded copper and molybdenum producers, also a significant gold producer. The company owns and operates geographically diverse, long-lived, and large-scale mining assets with substantial reserves, providing a robust competitive moat. FCX is strategically positioned to benefit from global demand for essential industrial metals driven by electrification and infrastructure development.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.8B | 22.9B | 25.5B | 25.9B | 4.4% | 25.9B | 30.0B | 36.3B | 18.3% |
| EPS | 2.43 | 1.29 | 1.31 | 1.54 | -14.1% | 2.03 | 2.76 | — | 79.5% |
| Shares | 1.4B | 1.4B | 1.4B | 1.4B | +0.2% | 1.4B | — | — | — |
| Debt | 11.0B | 9.9B | 9.7B | 10.5B | -1.4% | 10.4B | — | — | — |
| Equity | 15.6B | 16.7B | 17.6B | 18.9B | 6.7% | — | — | — | — |
| Op CF | 5.1B | 5.3B | 7.2B | 5.6B | 3.0% | 5.9B | — | — | — |
| Inv CF | -3.4B | -5.0B | -5.0B | -4.5B | — | — | — | — | — |
| Fin CF | -1.6B | -2.6B | -3.3B | -1.9B | — | — | — | — | — |
Above its 200-day average and 9% below its 52-week high.
Swung more than 60% of stocks we rank over the past year (48% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of FCX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FCX | Freeport-McMoRan Inc.(you) | $104.2B | 73 | Buy |
| ANTO.L | Antofagasta plc | $48.9B | 71 | Buy |
| SCCO | Southern Copper Corporation | $170.5B | 85 | Strong Buy |
| TECK | Teck Resources Limited | $32.8B | 80 | Strong Buy |
| LUMI.ST | Lundin Mining Corporation | $20.9B | 76 | Buy |
| FM.TO | First Quantum Minerals Ltd. | $26.7B | 63 | Hold |
| 600362.SS | Jiangxi Copper Company Limited | $21.9B | 62 | Hold |
| KGH.WA | KGHM Polska Miedz S.A. | $17.5B | 86 | Strong Buy |
| HBM | Hudbay Minerals Inc. | $11.9B | 84 | Strong Buy |
| CS.TO | Capstone Copper Corp. | $7.9B | 76 | Buy |
Peer medians: ROE 4.5% · P/E 18.0x · Gross margin 26.4%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.