Nama Insights

Freeport-McMoRan (FCX)

Basic Materials · Copper · NYSE

S&P 500
Freeport-McMoRan (FCX) is a Basic Materials company in the Copper industry. It has a market capitalization of $85.33B, a trailing price-to-earnings ratio of 22.3 and a free-cash-flow yield of 1.3%. Over the most recent reported fiscal year, revenue grew 1.8% and free cash flow per share fell 52.5%. Nama's AI scorecard rates it Buy, 7.7 out of 10. On 12-month momentum it ranks in the leading band of its market.
AI scorecard
Buy · 7.7/10
Clearly positive, short of the top band. As of Nov 7, 2026.
Momentum
Leading · +85.9% over 12 months ex. last
Top 20% of its market on the past year's steady rise.
Shariah screen
Shariah Compliant
Passes our debt, cash and income screen; not a scholar's ruling.
Off its high
-25.9%
How far the last close sits under the highest price of the past five years.
Market cap$85.33B
Trailing P/E22.3
Price / book4.2
Price / sales3.2
FCF yield1.3%
Dividend yield1.0%
Gross margin27.1%
Operating margin23.9%
Net margin11.4%
Revenue growth (YoY)+1.8%
Revenue growth (3-yr annual)+4.4%
EPS growth (YoY)+19.1%
FCF/share growth (YoY)-52.5%
Beta1.4
ExchangeNYSE
SectorBasic Materials
IndustryCopper

FCX earnings

Next report: Jan 21, 2027 (Q4 2026, EPS estimate $1.06). Beat the EPS estimate in 4 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Oct 27, 2026 $0.88 $0.83 +6.0% —
Q2 2026 Jul 23, 2026 $0.74 $0.62 +19.4% $7.03B
Q1 2026 Apr 23, 2026 $0.57 $0.47 +21.3% $6.23B
Q4 2025 Jan 22, 2026 $0.47 $0.32 +46.9% $5.63B

FCX analyst price target

Median target $81.50 from 22 analysts, ranging $33.00 – $90.00.

Copper peers

TickerCompanyMarket capP/E
SCCO Southern Copper $142.73B 22.4
HBM Hudbay Minerals $9.29B 22.5
GUNN Gunnison Copper $4.18B —
ERO Ero Copper $3.01B 7.6
TGB Trekor Metals $2.55B 21.7
IE Ivanhoe Electric $1.21B —
Explore live FCX data on Nama Insights →

Recent Congressional trades

Freeport-McMoRan trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
Alan Armstrong Senate Buy $1,001 - $15,000 Jul 21, 2026
Josh Gottheimer House Buy $1,001 - $15,000 May 19, 2026
Gilbert Cisneros House Buy $1,001 - $15,000 Dec 15, 2025
Gilbert Cisneros House Buy $1,001 - $15,000 Nov 18, 2025
Lisa McClain House Sell $1,001 - $15,000 Oct 22, 2025
Lisa McClain House Buy $1,001 - $15,000 Sep 12, 2025
Ritchie John Torres House Sell $1,001 - $15,000 Aug 20, 2025
Julie Johnson House Sell $1,001 - $15,000 May 14, 2025
Bruce Westerman House Sell $1,001 - $15,000 May 12, 2025
Jefferson Shreve House Sell $15,001 - $50,000 May 8, 2025
Bruce Westerman House Buy $1,001 - $15,000 Apr 16, 2025
Rob Bresnahan House Sell $1,001 - $15,000 Mar 27, 2025

FCX FAQ

Is FCX a buy?
Nama's AI scorecard currently rates Freeport-McMoRan Buy (7.7 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is FCX's P/E ratio?
Freeport-McMoRan trades at a trailing price-to-earnings ratio of 22.3.
When does FCX report earnings?
Freeport-McMoRan's next scheduled report is on Jan 21, 2027. Analysts expect EPS of $1.06.
What is the FCX price target?
The median analyst price target from 22 analysts is $81.50, with a range of $33.00 – $90.00.
Is FCX Shariah compliant?
Nama's AAOIFI-style screen reads Freeport-McMoRan as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.
Does FCX pay a dividend?
Yes — Freeport-McMoRan's dividend yield is 1.0%.