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Freeport-McMoRan Inc. (FCX) PE Ratio: 32.85

Is Freeport-McMoRan Inc.’s P/E ratio high or low?

Freeport-McMoRan Inc.'s P/E ratio of 32.85 is 27% above its 5-year average of 25.96, around the middle of its 5-year range (7.27–48.39).

The P/E ratio for Freeport-McMoRan Inc. (FCX) is 32.85 as of Wednesday, June 10, 2026. It is below its 12-month average by 8.37% (35.85).

PE Ratio (32.85) = Close Price ($62.08) / Diluted TTM EPS ($1.89)

FCX PE Ratio Chart

FCX PE Ratio
32.85-5.79% 1Y
Zoom

FCX Average PE Ratio Chart

FCX Current vs Average PE Ratio Chart

FCX PE Ratio Metrics

PE RATIO

32.85

PE RATIO AVG TTM

35.85

PE RATIO AVG 3Y

32.76

PE RATIO AVG 5Y

25.96

PE RATIO AVG 10Y

26.23

PE RATIO AVG 15Y

21.02

PE RATIO AVG 20Y

18.25

CURRENT VS TTM AVG

-8.37%

CURRENT VS 3Y AVG

+0.26%

CURRENT VS 5Y AVG

+26.53%

CURRENT VS 10Y AVG

+25.23%

CURRENT VS 15Y AVG

+56.27%

CURRENT VS 20Y AVG

+79.95%

FCX Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Freeport-McMoRan Inc. (FCX)$89.24B32.8535.8532.7625.96
Newmont Corporation (NEM)$99.04B12.0015.0914.1825.68
The Sherwin-Williams Company (SHW)$74.96B29.1632.9933.2634.19
Ecolab Inc. (ECL)$72.33B34.7837.3139.9342.33
Air Products and Chemicals, Inc. (APD)$61.57B29.2538.2327.8528.00
Nucor Corporation (NUE)$57.05B24.8024.5615.2111.94
Vulcan Materials Company (VMC)$35.38B32.4136.8038.0638.00
International Flavors & Fragrances Inc. (IFF)$18.95B22.7023.11238.12132.78
DuPont de Nemours, Inc. (DD)$18.47BN/A24.8313.5111.09
Alcoa Corporation (AA)$17.30B16.4311.7211.3814.66

P/E vs. its own history

At 32.9, P/E is richer than usual — richer than 88% of its 20-year range.

20-year low

2.3

median

12.6

20-year high

105.2

cheaperricher

P/E Comparison

Trailing P/E

32.9

Forward P/E

16.1

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$62.08

÷

Forward EPS (Est.)

$3.85

=

Forward P/E

16.12

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Freeport-McMoRan Inc. PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Freeport-McMoRan Inc. PE Ratio FAQ

What is the P/E ratio for Freeport-McMoRan Inc. (FCX)?
The P/E ratio for FCX stock is 32.85.
Is Freeport-McMoRan Inc.'s P/E ratio high or low?
Freeport-McMoRan Inc.'s P/E ratio of 32.85 is 27% above its 5-year average of 25.96, around the middle of its 5-year range (7.27–48.39).
What is the TTM average P/E ratio for Freeport-McMoRan Inc. (FCX)?
The TTM average P/E ratio for FCX stock is 35.85.
What is the 3Y average P/E ratio for Freeport-McMoRan Inc. (FCX)?
The 3Y average P/E ratio for FCX stock is 32.76.
What is the 5Y average P/E ratio for Freeport-McMoRan Inc. (FCX)?
The 5Y average P/E ratio for FCX stock is 25.96.
What is the 10Y average P/E ratio for Freeport-McMoRan Inc. (FCX)?
The 10Y average P/E ratio for FCX stock is 26.23.
What is the 15Y average P/E ratio for Freeport-McMoRan Inc. (FCX)?
The 15Y average P/E ratio for FCX stock is 21.02.
What is the 20Y average P/E ratio for Freeport-McMoRan Inc. (FCX)?
The 20Y average P/E ratio for FCX stock is 18.25.

Freeport-McMoRan Inc. PE Ratio History

DATEPE RATIO
2026-06-1032.85
2026-06-0933.99
2026-06-0833.81
2026-06-0533.53
2026-06-0436.87
2026-06-0337.38
2026-06-0237.95
2026-06-0135.47
2026-05-2934.77
2026-05-2834.85
2026-05-2733.67
2026-05-2634.05
2026-05-2232.80
2026-05-2132.97
2026-05-2032.21
2026-05-1931.06
2026-05-1832.01
2026-05-1533.34
2026-05-1434.99
2026-05-1335.53
2026-05-1234.94
2026-05-1134.06
2026-05-0832.62
2026-05-0739.88
2026-05-0640.06
2026-05-0537.95
2026-05-0436.56
2026-05-0137.20
2026-04-3038.01
2026-04-2937.45
2026-04-2838.30
2026-04-2739.85
2026-04-2440.16
2026-04-2340.45
2026-04-2246.29
2026-04-2144.45
2026-04-2046.17
2026-04-1746.19
2026-04-1644.92
2026-04-1545.20
2026-04-1444.91
2026-04-1344.76
2026-04-1044.61
2026-04-0943.72
2026-04-0842.83
2026-04-0739.97
2026-04-0640.16
2026-04-0240.38
2026-04-0140.26
2026-03-3138.67
2026-03-3035.95
2026-03-2737.00
2026-03-2636.73
2026-03-2537.56
2026-03-2437.16
2026-03-2336.14
2026-03-2034.27
2026-03-1935.28
2026-03-1836.48
2026-03-1738.22
2026-03-1638.11
2026-03-1337.09
2026-03-1238.95
2026-03-1140.49
2026-03-1041.05
2026-03-0939.80
2026-03-0639.05
2026-03-0541.22
2026-03-0443.38
2026-03-0343.14
2026-03-0244.93
2026-02-2744.79
2026-02-2644.99
2026-02-2545.28
2026-02-2444.66
2026-02-2343.13
2026-02-2042.33
2026-02-1941.16
2026-02-1841.15
2026-02-1740.19
2026-02-1341.34
2026-02-1243.38
2026-02-1145.78
2026-02-1044.24
2026-02-0944.48
2026-02-0642.43
2026-02-0541.41
2026-02-0443.26
2026-02-0345.22
2026-02-0242.49
2026-01-3042.12
2026-01-2945.55
2026-01-2844.50
2026-01-2743.97
2026-01-2642.78
2026-01-2342.24
2026-01-2241.15
2026-01-2142.36
2026-01-2042.01
2026-01-1641.06
2026-01-1541.93
2026-01-1442.20
2026-01-1341.50
2026-01-1241.06
2026-01-0939.53
2026-01-0837.92
2026-01-0738.81
2026-01-0639.27
2026-01-0538.05
2026-01-0236.31
2025-12-3135.52
2025-12-3035.95
2025-12-2936.00
2025-12-2637.09
2025-12-2436.31
2025-12-2336.29
2025-12-2235.41
2025-12-1934.37
2025-12-1833.51
2025-12-1733.44
2025-12-1633.24
2025-12-1533.23
2025-12-1233.13
2025-12-1133.64
2025-12-1032.48
2025-12-0931.33
2025-12-0831.47
2025-12-0531.61
2025-12-0431.20
2025-12-0331.14
2025-12-0230.05
2025-12-0130.12
2025-11-2830.06
2025-11-2629.48
2025-11-2528.72
2025-11-2428.52
2025-11-2127.88
2025-11-2027.71
2025-11-1928.85
2025-11-1827.97
2025-11-1727.27
2025-11-1428.08
2025-11-1328.35
2025-11-1229.24
2025-11-1128.72
2025-11-1028.64
2025-11-0727.84
2025-11-0627.03
2025-11-0530.46
2025-11-0429.86
2025-11-0331.20
2025-10-3131.59
2025-10-3031.61
2025-10-2931.96
2025-10-2831.19
2025-10-2731.14
2025-10-2431.34
2025-10-2331.23
2025-10-2230.89
2025-10-2131.30
2025-10-2031.96
2025-10-1731.20
2025-10-1631.59
2025-10-1531.60
2025-10-1431.80
2025-10-1332.41
2025-10-1030.97
2025-10-0932.81
2025-10-0832.46
2025-10-0730.83
2025-10-0630.55
2025-10-0330.05
2025-10-0229.45
2025-10-0129.61
2025-09-3029.71
2025-09-2928.12
2025-09-2627.08
2025-09-2526.77
2025-09-2428.54
2025-09-2334.36
2025-09-2234.21
2025-09-1934.05
2025-09-1834.04
2025-09-1734.16
2025-09-1634.32
2025-09-1534.58
2025-09-1233.88
2025-09-1134.79
2025-09-1034.00
2025-09-0933.25
2025-09-0835.35
2025-09-0535.11
2025-09-0434.90
2025-09-0335.01
2025-09-0234.05
2025-08-2933.64
2025-08-2833.61
2025-08-2733.23
2025-08-2633.60
2025-08-2533.10
2025-08-2232.79
2025-08-2131.61
2025-08-2031.30
2025-08-1931.41
2025-08-1831.63
2025-08-1532.09
2025-08-1432.03
2025-08-1332.38
2025-08-1231.93
2025-08-1131.42
2025-08-0831.72
2025-08-0733.72
2025-08-0632.94
2025-08-0533.08
2025-08-0433.40
2025-08-0133.08
2025-07-3133.26
2025-07-3032.35
2025-07-2935.73
2025-07-2836.19
2025-07-2537.10
2025-07-2436.84
2025-07-2337.06
2025-07-2237.85
2025-07-2137.35
2025-07-1837.02
2025-07-1736.74
2025-07-1636.35
2025-07-1536.46
2025-07-1437.71
2025-07-1138.31
2025-07-1039.02
2025-07-0937.68
2025-07-0838.24
2025-07-0737.30
2025-07-0337.85
2025-07-0237.83
2025-07-0136.40
2025-06-3035.83
2025-06-2736.26
2025-06-2636.74
2025-06-2534.39
2025-06-2434.72
2025-06-2333.83
2025-06-2033.24
2025-06-1834.03
2025-06-1734.19
2025-06-1634.64
2025-06-1333.83
2025-06-1234.03
2025-06-1133.89
2025-06-1034.87
2025-06-0934.99
2025-06-0634.28
2025-06-0534.45
2025-06-0433.77
2025-06-0333.26
2025-06-0233.18
2025-05-3031.80
2025-05-2932.26

Showing the most recent 260 of 3,957 data points. The chart above shows the full history.

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.

Phoenix, AZ
28,500 employees
Basic Materials / Copper
Sector
Basic Materials
Industry
Copper
CEO
Kathleen Lynne Quirk