P/E ratio for Freeport-McMoRan (FCX)
P/E ratio as of June 2025 (TTM): 33.8
According to Freeport-McMoRan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.7678. At the end of 2024 the company had a P/E ratio of 29.0.
P/E ratio history for Freeport-McMoRan from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 29.0 | -12.32% |
| 2023 | 33.0 | 109.11% |
| 2022 | 15.8 | 11.32% |
| 2021 | 14.2 | -77.62% |
| 2020 | 63.4 | -154.26% |
| 2019 | -117 | -1852.85% |
| 2018 | 6.67 | -56.4% |
| 2017 | 15.3 | -489.21% |
| 2016 | -3.93 | 550.5% |
| 2015 | -0.6039 | -96.72% |
| 2014 | -18.4 | -228.67% |
| 2013 | 14.3 | 34.18% |
| 2012 | 10.7 | |
| 2010 | 12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Southern Copper SCCO | 21.1 | -37.60% | 🇺🇸 USA |
 BHP Group BHP | 9.36 | -72.28% | 🇦🇺 Australia |
 Rio Tinto RIO | N/A | N/A | 🇬🇧 UK |
 Grupo México
GMBXF | 10.8 | -68.06% | 🇲🇽 Mexico |
 Newmont NEM | 13.1 | -61.14% | 🇺🇸 USA |
 Vale VALE | 4.84 | -85.65% | 🇧🇷 Brazil |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.