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FCX Freeport-Mcmoran PE ratio, current and historical analysis

As of Jun 12, 2024, the FCX stock has a PE ratio of 42.78. The calculation is based on the latest EPS of $1.15 and the stock price of $49.2 per share. An increase of 36% has been observed in the PE ratio compared to its average of 31.6 of the past four quarters.

FCX PE ratio history

How has FCX's PE ratio performed in the past

The mean historical PE ratio of Freeport-Mcmoran over the last ten years is 21.93. The current 42.78 price-to-earnings ratio is 95% more than the historical average. Analyzing the last ten years, FCX's PE ratio reached its highest point in the Sep 2019 quarter at 63.8, with a price of $9.57 and an EPS of $0.15. The Dec 2018 quarter saw the lowest point at 5.76, with a price of $10.31 and an EPS of $1.79.

Average
21.93
Median
15.2
Minimum
5.76
Maximum
63.8

Freeport-Mcmoran PE ratio by year

Maximum annual increase: 110.11% in 2023

Maximum annual decrease: -77.56% in 2021

Year PE ratio Change
2023 33.26 110.11%
2022 15.83 11.17%
2021 14.24 -77.56%
2020 63.46 N/A
2019 N/A N/A
2018 5.76 -62.03%
2017 15.17 N/A
2016 N/A N/A
2015 N/A N/A
2014 N/A N/A

FCX average PE ratio chart

What is the average PE ratio of FCX for the past years

The current PE ratio of FCX is above its 3, 5 and 10-year averages.

3-year avg
20.29
5-year avg
25.91
10-year avg
21.93
15-year avg
17.38

FCX PE vs peers

What is FCX's PE ratio compared to its peers
Stock name PE ratio Market cap
FCX Freeport-Mcmoran Inc 41.73 $68.94B
NEM NEWMONT Corp N/A $46.77B

Frequently asked questions

What is Freeport-Mcmoran's PE ratio?

FCX's price to earnings ratio is 42.78 as of Jun 12, 2024.

What is the 3-year average PE ratio for Freeport-Mcmoran (FCX)?

The 3-year average PE ratio for FCX stock is 20.29.

What is the 5-year average PE ratio for Freeport-Mcmoran (FCX)?

The 5-year average PE ratio for FCX stock is 25.91.

What is the highest PE ratio for FCX?

Over the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 63.8.

How does the current PE ratio for FCX compare to its historical average?

FCX's current price to earnings ratio is 95% above its 10-year historical average.

How is FCX's PE ratio calculated (Freeport-Mcmoran PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 12, 2024), Freeport-Mcmoran's share price is $49.2. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.15. Therefore, Freeport-Mcmoran's price to earnings ratio for today is 42.78. PE RATIO(42.78) = STOCK PRICE($49.2) / TTM EPS($1.15)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.