FCX
Freeport-Mcmoran Inc Materials Metal Mining S&P 500Russell 3000
$62.47Close
$101.6BMarket cap
$38.38 – $79.7452-week range
Jan 26, 2027Next report · estimated
Highlights
Strengths
- Earnings growing EPS +27% year on year
Cautions
- Not in an uptrend 5 of 8 trend conditions
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
22%
1wk
down 4.2%
price change
1mo
down 10.6%
price change
12-month return
up 51%
market up 11% ·
its own up 38%
F-score
5 / 9
Mixed
Altman Z″
2.43
Moderate risk
P/E
46.1×
price / earnings
PEG
2.74
P/E / EPS growth
P/B
5.4×
price / book
Earnings yield
up 6.1%
EBIT / enterprise value
Cheaper than
46%
of the market · around average
Revenue growth
0%
year on year
EPS growth
up 27%
latest quarter
Sales growth
down 8%
latest quarter · -20 pts
ROE
up 12%
return on equity
Free cash margin
up 4%
$1.1B FCF
D/E
0.47
long-term debt / equity
Net debt / EBITDA
0.6×
Interest cover
17.7×EBIT / interest
Piotroski tests
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- assets working less efficiently
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
Trade setup
ATR%
4.2%
$2.64 a day · 2×ATR $57.18
RS
66 / 99
vs the universe
Trend
5 / 8
under the 150/200-day, under the 50-day, RS under 70
Relative volume
1.4×
vs 50-day average
Up/down volume
0.73
50 sessions
Implied move
—
no scheduled report
Trend template · 5 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: passes
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Gross margin narrowing Gross margin fell from 29.3% to 26.1%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported
Oct 27, 2026
Results reaction
Oct 27, 2026+1% vs market2 sessions after results
Options
$19.0M49.3% IV · activity
Financials
- Gross 26%
- Net 9%
- Free cash 4%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $13.9B | $22.4B | $23.3B | $22.7B | $25.2B | $25.2B |
| Gross margin | 16% | 37% | 35% | 31% | 29% | 26% |
| Operating income | $2.4B | $8.4B | $7.0B | $6.2B | $6.9B | $6.5B |
| Net income | $865.0M | $4.3B | $3.5B | $1.8B | $1.9B | $2.2B |
| Net margin | 6% | 19% | 15% | 8% | 8% | 9% |
| Earnings per share | $0.59 | $2.91 | $2.39 | $1.28 | $1.31 | $1.53 |
| Free cash flow | $1.1B | $5.6B | $1.7B | $455.0M | $2.4B | $1.1B |
| Free cash margin | 8% | 25% | 7% | 2% | 9% | 4% |
| Cash | $3.7B | $8.1B | $8.1B | $4.8B | $3.9B | $3.8B |
| Long-term debt | $9.7B | $9.1B | $9.6B | $8.7B | $8.9B | $8.9B |
| Shareholders' equity | $10.2B | $14.0B | $15.6B | $16.7B | $17.6B | $18.9B |
| Shares outstanding | 1.59bn | 1.60bn | 1.61bn | 1.62bn | 1.62bn | 1.63bn |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $56 – $69 ±10.9% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 49.3% priced · 37.0% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $19.0M calls $11.9M · puts $7.1M · latest session
- 0.60× -0.99 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +13.92k · puts -132 past week
For options traders: ATM IV 49.3% (+0.1% 1w) · 1m ÷ 3m IV 1.09 · 25Δ skew 7.3 pts · Net GEX -$2.0M
Most traded contracts 3
| Contract | Next day: opened, closed or mixed A large option trade on its own is ambiguous: it may have opened a position, closed one, or been one leg of a spread. Open interest is published overnight, so the next morning settles it. Opened: open interest rose by a good share of the volume traded, so positions were added. Closed: it fell, so positions were taken off. Mixed: it barely moved, as when one side opens while the other closes. A dash: the next morning's count is not in yet. None of the three says whether the contracts were bought or sold. Methodology | Volume against open interest The day's contracts traded, divided by the positions already standing. Above 1 the day's trading exceeded every position in existence, which cannot happen without something new — though only tomorrow's open interest proves it opened rather than closed. Methodology | Bid-ask spread The gap between the bid and the ask as a share of the midpoint: what a round trip costs before the position has moved at all. Methodology | Priced vs rest of chain The contract's implied volatility less the at-the-money reading for the same company, in points: how this strike is priced against the rest of the chain. Methodology | Move to break even How far the stock must move by expiry for a buyer at the midpoint to get the premium back: strike plus premium for a call, strike less premium for a put. Methodology | Premium |
|---|---|---|---|---|---|---|
| Jan 15, 2027 · $70 call +12% from price | — | 0.09 | 4.2% | -4.8% | +15.8% | $364,338 |
| Jan 15, 2027 · $65 call +4% from price | — | 0.11 | 4.7% | -4.8% | +10.5% | $352,325 |
| Jan 15, 2027 · $72.50 call +16% from price | — | 0.47 | 3.0% | -5.1% | +18.8% | $125,883 |
Liquid contracts, 3 weeks to 4 months out, soonest expiry first.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 8, 2026 | Quarterly ↗ | Mar 31, 2026 | 38d |
| Feb 13, 2026 | Annual ↗ | Dec 31, 2025 | 44d |
| Nov 6, 2025 | Quarterly ↗ | Sep 30, 2025 | 37d |
| Aug 8, 2025 | Quarterly ↗ | Jun 30, 2025 | 39d |
| May 8, 2025 | Quarterly ↗ | Mar 31, 2025 | 38d |
| Feb 14, 2025 | Annual ↗ | Dec 31, 2024 | 45d |
| Nov 8, 2024 | Quarterly ↗ | Sep 30, 2024 | 39d |
| Aug 7, 2024 | Quarterly ↗ | Jun 30, 2024 | 38d |
| May 8, 2024 | Quarterly ↗ | Mar 31, 2024 | 38d |
| Feb 16, 2024 | Annual ↗ | Dec 31, 2023 | 47d |
| Nov 3, 2023 | Quarterly ↗ | Sep 30, 2023 | 34d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 27, 2026 | Results · Regulation FD ↗ |
| Oct 2, 2026 | Results · Regulation FD ↗ |
| Sep 8, 2026 | Other events ↗ |
| Jul 23, 2026 | Results · Regulation FD ↗ |
| Jun 10, 2026 | Shareholder vote ↗ |
| May 20, 2026 | Material agreement · Agreement ended · New obligation ↗ |
| Apr 23, 2026 | Results · Regulation FD ↗ |
| Mar 23, 2026 | Director or officer change ↗ |
| Feb 24, 2026 | Other events ↗ |
| Jan 22, 2026 | Results · Regulation FD ↗ |
| Jan 16, 2026 | Item 1.04 ↗ |
| Nov 18, 2025 | Regulation FD · Other events ↗ |