Freeport-McMoRan's 2026 third-quarter adjusted NPAT of USD 1.3 billion, or USD 0.88 per share, rose 77% from the same quarter of 2025, though it declared an unchanged USD 15-cent quarterly dividend. Higher copper and gold prices more than offset reduced sales of each metal and increased unit costs.
Utilization of new leaching technologies to exploit previously uneconomic tailings could increase production by about 170,000 metric tons at much lower capital intensity than building a new mine from scratch.
Freeport sits close to the middle of the copper cost curve, making it more leveraged to movements in copper and, to a lesser extent, gold prices compared with its lower-cost competitors.
|
Metric
|
FCX
|
BHP
|
RIO
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.93 | 14.33 | 12.93 |
Price/Book Value | 4.51 | 4.27 | 2.57 |
Price/Sales | 3.60 | 3.58 | 2.70 |
Price/Cash Flow | 12.06 | 8.97 | 8.10 |
|
Metric
|
FCX
|
BHP
|
RIO
|
|---|---|---|---|
Quick Ratio | 0.79 | 1.44 | 0.93 |
Current Ratio | 2.07 | 1.88 | 1.42 |
Interest Coverage | 16.62 | 11.36 | 10.65 |
|
Metric
|
FCX
|
BHP
|
RIO
|
|---|---|---|---|
Return on Assets (Normalized) | 5.72% | 11.44% | 10.13% |
Return on Equity (Normalized) | 17.40% | 27.20% | 20.84% |
Return on Invested Capital (Normalized) | 8.83% | 17.58% | 15.78% |
|
1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States