Freeport-McMoRan Inc.

FCX Basic Materials Copper

Freeport-McMoRan Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.9 billion, up 1.81% from fiscal 2024.

Revenue
+8.23%
EPS
+28.3%
Free cash flow
+25.5%
Total debt
+1.08%

Quarter to September 2026, against a year earlier

59.97 2.07 +3.58%
Market cap
$83.2B
P/E
28.7×
Fwd P/E
19.6×
Dividend yield
0.51%
F-score
6/9
Altman Z
2.61
Beneish M
−2.09
Dividend safety
28/100

Freeport-McMoRan Inc. (FCX) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Freeport-McMoRan Inc. (FCX) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 0.3× (January 2016) to 3.6× (August 2026); the current reading is higher than 81% of that period. That is above the Copper industry median of 2.3× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.4× 24.67%
FY2024 1.9× (13.90%)
FY2023 2.2× 0.60%
FY2022 2.2× (17.33%)
FY2021 2.7× 31.23%
FY2020 2.0× 85.61%
FY2019 1.1× 30.67%
FY2018 0.8× (67.03%)
FY2017 2.5× 29.08%
FY2016 2.0× 222.59%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.0× 6.70%
Jun 2026 2.8× 4.56%
Mar 2026 2.7× 13.15%
Dec 2025 2.4× 27.95%
43 more quarters

Against its own ten years

Low 0.3× High 3.6×
Ten-year median 2.0×
Current reading's percentile 80

P/B ratio against peers

Company P/B ratio
LCU Lion Copper Corp. compare 1.2×
HBM HudBay Minerals Inc compare 1.6×
COPR Idaho Copper Corporation compare 1.7×
IE Ivanhoe Electric Inc. compare 2.3×
FCX Freeport-McMoRan Inc. 2.5×
ERO Ero Copper Corp. compare 2.7×
SCCO Southern Copper Corporation compare 10.2×
Copper industry median 2.3×
Basic Materials sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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