Company overview
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's 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.
Daily valuation snapshot
These values come from the daily market snapshot dated 2026-10-08. TTM means trailing twelve months. Use the market date when comparing FCX with another company.
| Daily close (USD) | $71.14 |
| Market capitalization (USD) | $102,158,286,586.22 |
| Price / earnings (TTM) | 24.42 |
| Price / book | 3.17 |
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Company size
Freeport-McMoran Inc.'s recorded market capitalization is $102,158,286,586.22. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
FCX's recorded P/E is 24.42: about $24.42 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.
Price relative to book equity
FCX's recorded price-to-book ratio is 3.17. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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