Freeport-McMoRan Inc. (FCX) — Free Cash Flow Yield
Basic Materials
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. The company was incorporated in 1987 and is headquartered in Phoenix, Arizona.
| Metric | Value |
|---|---|
| FCF Yield | 1.2% |
| Basic Materials Sector Avg FCF Yield | 3.5% |
| Annual Free Cash Flow | $1.1B |
| Market Cap | $93.1B |
| P/E Ratio | 32.6x |
Freeport-McMoRan Inc.'s FCF yield of 1.2% is below the Basic Materials sector average (3.5%).
Frequently Asked Questions
What is Freeport-McMoRan Inc.'s (FCX) free cash flow yield?
Freeport-McMoRan Inc.'s (FCX) free cash flow yield is 1.2%. That is below the Basic Materials sector average (3.5%).
Is FCX's free cash flow yield good?
At 1.2%, FCX's free cash flow yield is considered weak — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does Freeport-McMoRan Inc. generate?
Freeport-McMoRan Inc. generated $1.1B in free cash flow, against a market cap of $93.1B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →