Freeport-McMoRan Inc. (FCX) vs Newmont Corporation (NEM)

NEM leads on 14 of 17 compared metrics.

A side-by-side comparison of Freeport-McMoRan Inc. and Newmont Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — FCX vs NEM

growth of $100 · last 30y
FCX +343.1%NEM +98.0%FCX compounded faster
0100200300400Start $100200120062011201620212026$443$198
FCX NEM

FCX vs NEM: by the numbers

  • NEM is the larger company ($107.00B vs $98.34B market cap).
  • NEM trades at the lower earnings multiple (12.97 vs 36.20 P/E).
  • NEM converts more revenue to profit (34.64% vs 10.34% net margin).
  • NEM grew revenue faster over the past five years (15.80% vs 11.28% CAGR).
  • NEM pays the higher dividend yield (1.02% vs 0.88%).

Which is better, FCX or NEM?

Metric tally: FCX 3 · NEM 14

It depends on what you're optimizing for:

ValueNEM(lower P/E)
GrowthNEM(faster 5Y revenue CAGR)
IncomeNEM(higher dividend yield)
QualityNEM(higher ROIC)

Valuation

MetricFCXNEM
P/E ratio36.2012.97
Forward P/E17.768.73
P/S ratio3.744.46
P/B ratio5.063.12
PEG ratio1.980.13
EV / EBITDA10.966.26
FCF yield6.32%11.26%

Profitability

MetricFCXNEM
Gross margin27.80%55.12%
Operating margin27.77%52.62%
Net margin10.34%34.64%
ROE14.01%24.21%
ROIC7.77%12.23%

Dividends

MetricFCXNEM
Dividend yield0.88%1.02%
Payout ratio39.22%15.91%

Growth (annualized)

MetricFCXNEM
Revenue CAGR (5Y)11.28%15.80%
EPS CAGR (5Y)30.14%12.74%
FCF CAGR (5Y)20.99%29.17%
Total return CAGR (5Y)12.39%10.48%

Frequently asked

Which is better, FCX or NEM?
It depends on your goal. value: NEM (lower P/E); growth: NEM (faster 5Y revenue CAGR); income: NEM (higher dividend yield); quality: NEM (higher ROIC). Across all compared metrics, NEM leads 14 to 3.
Is FCX or NEM cheaper?
On trailing earnings, NEM is cheaper: FCX trades at a 36.20 P/E and NEM at 12.97.
Which has grown faster, FCX or NEM?
Over the past five years, NEM grew revenue faster — FCX at a 11.28% CAGR versus NEM at 15.80%.
Does FCX or NEM pay a bigger dividend?
FCX yields 0.88% and NEM yields 1.02% based on trailing dividends and the latest price.
Is FCX or NEM more profitable?
NEM runs the higher net margin — FCX at 10.34% versus NEM at 34.64%.
Which has been the better investment, FCX or NEM?
Over the past 10-year, FCX delivered the higher annualized total return — FCX at 22.00% versus NEM at 13.31%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.