Freeport-McMoRan Inc. (FCX) Return on Invested Capital (ROIC): 7.77%
Is Freeport-McMoRan Inc.’s return on invested capital (ROIC) high or low?
Freeport-McMoRan Inc.'s return on invested capital (ROIC) of 7.77% is in line with its 5-year average of 8.45%, around the middle of its 5-year range (2.33%–12.86%).
As of Wednesday, June 17, 2026. 6.27% below its 12-month average of 8.29%.
FCX Return on Invested Capital (ROIC) Chart
FCX Average Return on Invested Capital (ROIC) Chart
FCX Current vs Average Return on Invested Capital (ROIC) Chart
FCX Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
7.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.85%
CURRENT VS TTM AVG
-6.27%
CURRENT VS 3Y AVG
-12.43%
CURRENT VS 5Y AVG
-8.01%
CURRENT VS 10Y AVG
+24.68%
CURRENT VS 15Y AVG
+12.19%
CURRENT VS 20Y AVG
-21.10%
FCX Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $103.33B | 7.77% | 8.29% | 8.87% | 8.45% |
| Newmont Corporation (NEM)vs › | $118.53B | 12.23% | 10.17% | -2.70% | -0.68% |
| The Sherwin-Williams Company (SHW)vs › | $79.39B | 15.21% | 15.30% | 14.71% | 14.42% |
| Ecolab Inc. (ECL)vs › | $77.04B | 11.95% | 11.88% | 10.14% | 9.59% |
| Air Products and Chemicals, Inc. (APD)vs › | $62.80B | -1.82% | 4.05% | 5.72% | 6.36% |
| Nucor Corporation (NUE)vs › | $57.49B | 6.74% | 7.30% | 14.93% | 15.58% |
| Vulcan Materials Company (VMC)vs › | $39.10B | 8.02% | 7.30% | 6.97% | 6.71% |
| Nutrien Ltd. (NTR)vs › | $30.93B | 6.79% | 5.53% | 8.91% | 7.85% |
| Dow Inc. (DOW)vs › | $23.76B | 0.51% | 1.87% | 4.25% | 5.41% |
| DuPont de Nemours, Inc. (DD)vs › | $20.14B | 2.18% | 2.86% | 3.62% | 3.63% |
Capital Efficiency
ROIC
7.8%
ROE
14.0%
Freeport-McMoRan Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?
- The return on invested capital (ROIC) for FCX stock is 7.77%.
- Is Freeport-McMoRan Inc.'s return on invested capital (ROIC) high or low?
- Freeport-McMoRan Inc.'s return on invested capital (ROIC) of 7.77% is in line with its 5-year average of 8.45%, around the middle of its 5-year range (2.33%–12.86%).
- What is the TTM average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?
- The TTM average return on invested capital (ROIC) for FCX stock is 8.29%.
- What is the 3Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?
- The 3Y average return on invested capital (ROIC) for FCX stock is 8.87%.
- What is the 5Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?
- The 5Y average return on invested capital (ROIC) for FCX stock is 8.45%.
- What is the 10Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?
- The 10Y average return on invested capital (ROIC) for FCX stock is 6.23%.
- What is the 15Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?
- The 15Y average return on invested capital (ROIC) for FCX stock is 6.93%.
- What is the 20Y average return on invested capital (ROIC) for Freeport-McMoRan Inc. (FCX)?
- The 20Y average return on invested capital (ROIC) for FCX stock is 9.85%.
Freeport-McMoRan Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 7.77% |
| 2024-12-31 | 8.81% |
| 2023-12-31 | 7.97% |
| 2022-12-31 | 10.94% |
| 2021-12-31 | 12.86% |
| 2020-12-31 | 2.33% |
| 2019-12-31 | -1.07% |
| 2018-12-31 | 9.86% |
| 2017-12-31 | 7.00% |
| 2016-12-31 | 2.16% |
| 2015-12-31 | -0.08% |
| 2014-12-31 | 8.56% |
| 2013-12-31 | 7.06% |
| 2012-12-31 | 12.79% |
| 2011-12-31 | 21.64% |
| 2010-12-31 | 21.35% |
| 2009-12-31 | 13.68% |
| 2008-12-31 | 22.41% |
| 2007-12-31 | 11.07% |
| 2006-12-31 | 37.34% |
| 2005-12-31 | 27.04% |
| 2004-12-31 | 5.86% |
| 2003-12-31 | 8.18% |
| 2002-12-31 | 6.96% |
| 2001-12-31 | 6.22% |
| 2000-12-31 | 4.57% |
| 1999-12-31 | 6.51% |
| 1998-12-31 | 7.16% |
| 1997-12-31 | 9.09% |
| 1996-12-31 | 8.96% |
Related Metrics
About Freeport-McMoRan Inc.
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
- Sector
- Basic Materials
- Industry
- Copper
- CEO
- Kathleen Lynne Quirk