FCX Freeport-Mcmoran PE ratio, current and historical analysis
As of Feb 21, 2025, the FCX stock has a PE ratio of 28.23. The calculation is based on the latest EPS of $1.31 and the stock price of $36.98 per share. A decrease of 21% has been observed in the PE ratio compared to its average of 35.7 of the past four quarters.
FCX PE ratio history
The mean historical PE ratio of Freeport-Mcmoran over the last eight years is 23.71. The current 28.23 price-to-earnings ratio is 19% more than the historical average. Analyzing the last eight 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.
Freeport-Mcmoran PE ratio by year
Maximum annual increase: 110.11% in 2023
Maximum annual decrease: -77.56% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 29.07 | -12.6% | $38.08 | $1.31 |
| 2023 | 33.26 | 110.11% | $42.57 | $1.28 |
| 2022 | 15.83 | 11.17% | $38 | $2.4 |
| 2021 | 14.24 | -77.56% | $41.73 | $2.93 |
| 2020 | 63.46 | N/A | $26.02 | $0.41 |
| 2019 | N/A | N/A | $13.12 | -$0.17 |
| 2018 | 5.76 | -62.03% | $10.31 | $1.79 |
| 2017 | 15.17 | N/A | $18.96 | $1.25 |
| 2016 | N/A | N/A | $13.19 | -$3.16 |
| 2015 | N/A | N/A | $6.77 | -$11.31 |
| 2014 | N/A | N/A | $23.36 | -$1.26 |
| 2013 | 14.24 | 33.21% | $37.74 | $2.65 |
| 2012 | 10.69 | 39.74% | $34.2 | $3.2 |
| 2011 | 7.65 | -40.51% | $36.79 | $4.81 |
| 2010 | 12.86 | -2.28% | $60.05 | $4.67 |
Freeport-Mcmoran PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 29.07 | -19.63% | $38.08 | $1.31 |
| Sep 2024 | 36.17 | -1.01% | $49.92 | $1.38 |
| Jun 2024 | 36.54 | -10.64% | $48.6 | $1.33 |
| Mar 2024 | 40.89 | 22.94% | $47.02 | $1.15 |
| Dec 2023 | 33.26 | 33.79% | $42.57 | $1.28 |
| Sep 2023 | 24.86 | -8.64% | $37.29 | $1.5 |
| Jun 2023 | 27.21 | 20.4% | $40 | $1.47 |
| Mar 2023 | 22.6 | 42.77% | $40.91 | $1.81 |
| Dec 2022 | 15.83 | 54.14% | $38 | $2.4 |
| Sep 2022 | 10.27 | 16.84% | $27.33 | $2.66 |
| Jun 2022 | 8.79 | -38.32% | $29.26 | $3.33 |
| Mar 2022 | 14.25 | 0.07% | $49.74 | $3.49 |
| Dec 2021 | 14.24 | 16.91% | $41.73 | $2.93 |
| Sep 2021 | 12.18 | -36.33% | $32.53 | $2.67 |
| Jun 2021 | 19.13 | -28.54% | $37.11 | $1.94 |
FCX average PE ratio chart
The current PE ratio of FCX is above its 3, 5 and 10-year averages.
FCX PE vs peers
When compared to its peer stock NEM, FCX's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NEM NEWMONT Corp | 15.52 | $51.08B |
| FCX Freeport-Mcmoran Inc | 28.23 | $53.14B |
Frequently asked questions
What is Freeport-Mcmoran's PE ratio?
FCX's price to earnings ratio is 28.23 as of Feb 21, 2025.
What is the 3-year average PE ratio for Freeport-Mcmoran (FCX)?
The 3-year average PE ratio for FCX stock is 24.98.
What is the 5-year average PE ratio for Freeport-Mcmoran (FCX)?
The 5-year average PE ratio for FCX stock is 25.62.
What is the highest PE ratio for FCX?
Over the last eight 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 19% above its 8-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 (Feb 21, 2025), Freeport-Mcmoran's share price is $36.98. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.31. Therefore, Freeport-Mcmoran's price to earnings ratio for today is 28.23. PE RATIO(28.23) = STOCK PRICE($36.98) / TTM EPS($1.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.