Which has the lower trailing P/E, FCX or VALE?

VALE has the lower trailing P/E: FCX trades at 35.31 and VALE at 28.67. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FCX or VALE?

Over the past five years, FCX grew revenue faster — FCX at a 7.30% CAGR versus VALE at -5.47%.

Does FCX or VALE pay a bigger dividend?

FCX yields 0.83% and VALE yields 7.73% based on trailing dividends and the latest price.

Is FCX or VALE more profitable?

FCX runs the higher net margin — FCX at 11.38% versus VALE at 4.92%.

How have FCX and VALE total returns compared?

Over the past 10 years, FCX delivered 22.09% and VALE delivered 17.88% annualized total return. Past performance doesn't predict future results.

Freeport-McMoRan Inc. (FCX) vs Vale S.A. (VALE)

A side-by-side comparison of Freeport-McMoRan Inc. and Vale S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.

FCX

Freeport-McMoRan Inc.

$103.56B

$72.04Basic MaterialsDelayed quote: Oct 2, 2026, 4:01 PM EDT

VALE

Vale S.A.

$58.68B

$13.76Basic MaterialsDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — FCX vs VALE

growth of $100 · dividends reinvested · last 10y

FCX +633.0% (+22.0%/yr)VALE +423.1% (+18.0%/yr)FCX compounded faster over this window

FCX VALE

FCX vs VALE: by the numbers

•FCX is the larger company ($103.56B vs $58.68B market cap).
•VALE trades at the lower trailing earnings multiple (28.67 vs 35.31 P/E), one valuation lens rather than an overall verdict.
•FCX converts more revenue to profit (11.38% vs 4.92% net margin).
•FCX grew revenue faster over the past five years (7.30% vs -5.47% CAGR).
•VALE pays the higher dividend yield (7.73% vs 0.83%).

Metrics side by side

Valuation

Metric	FCX	VALE
P/E ratio	35.31	28.67
Forward P/E	24.23	7.67
PEG ratio	1.18	N/A
P/S ratio	4.00	1.42
P/B ratio	5.15	1.54
EV / EBITDA	12.13	4.83
FCF yield	N/A	6.58%

Profitability

Metric	FCX	VALE
Gross margin	26.85%	34.32%
Operating margin	26.70%	28.32%
Net margin	11.38%	4.92%
ROE	14.65%	5.34%
ROIC	8.80%	8.48%

Dividends

Metric	FCX	VALE
Dividend yield	0.83%	7.73%
Payout ratio	29.41%	221.60%

Growth (annualized)

Metric	FCX	VALE
Revenue CAGR (5Y)	7.30%	-5.47%
EPS CAGR (5Y)	30.14%	-10.50%
FCF CAGR (5Y)	N/A	-29.16%
Total return CAGR (5Y)	18.63%	8.02%

Frequently asked

Which has the lower trailing P/E, FCX or VALE?: VALE has the lower trailing P/E: FCX trades at 35.31 and VALE at 28.67. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FCX or VALE?: Over the past five years, FCX grew revenue faster — FCX at a 7.30% CAGR versus VALE at -5.47%.
Does FCX or VALE pay a bigger dividend?: FCX yields 0.83% and VALE yields 7.73% based on trailing dividends and the latest price.
Is FCX or VALE more profitable?: FCX runs the higher net margin — FCX at 11.38% versus VALE at 4.92%.
How have FCX and VALE total returns compared?: Over the past 10 years, FCX delivered 22.09% and VALE delivered 17.88% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FCX analysis Full VALE analysis Interactive comparison tool

Dig into the metrics

Freeport-McMoRan P/E ratio Vale P/E ratio Freeport-McMoRan dividend yield Vale dividend yield Freeport-McMoRan ROE Vale ROE Freeport-McMoRan operating margin Vale operating margin Freeport-McMoRan revenue growth Vale revenue growth Freeport-McMoRan free cash flow Vale free cash flow

Freeport-McMoRan & Vale appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 October 3, 2026.