Freeport-McMoRan Overview

  • Year Founded
  • 1981

Year Founded

  • Status
  • Public

  • Employees
  • 28,500

Employees

  • Stock Symbol
  • FCX

Stock Symbol

  • Investments
  • 20

  • Share Price
  • $46.27
  • (As of Tuesday Closing)

Freeport-McMoRan General Information

Description

Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. We expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.

Contact Information

Website
www.fcx.com
Formerly Known As
Texas Freeport Sulphur Company, Freeport-McMoRan Copper & Gold
Ownership Status
Publicly Held
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 333 North Central Avenue
  • Phoenix, AZ 85004
  • United States
+1 (602)
Primary Industry
Multi-line Mining
Stock Exchange
NYS
Vertical(s)
Corporate Office
  • 333 North Central Avenue
  • Phoenix, AZ 85004
  • United States
+1 (602)

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Freeport-McMoRan Stock Performance

As of 08-Jul-2025, Freeport-McMoRan’s stock price is $46.27. Its current market cap is $66.5B with 1.44B shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$46.27 $45.13 $27.66 - $52.61 $66.5B 1.44B 14.1M $1.21

Freeport-McMoRan Financials Summary

As of 31-Mar-2025, Freeport-McMoRan has a trailing 12-month revenue of $24.9B.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 71,419,584 70,715,207 74,922,411 65,653,433
Revenue 24,862,000 25,455,000 22,855,000 22,780,000
EBITDA 8,936,000 9,467,000 8,589,000 9,294,000
Net Income 1,768,000 1,889,000 1,848,000 3,468,000
Total Assets 56,022,000 54,848,000 52,506,000 51,093,000
Total Debt 9,404,000 9,738,000 9,853,000 10,952,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Freeport-McMoRan Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Freeport-McMoRan Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in
Multi-line Mining
Phoenix, AZ
28,500 As of 2024

Miguel Hidalgo, Mexico
 

Toronto, Canada
 
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Freeport-McMoRan Competitors (9)

One of Freeport-McMoRan’s 9 competitors is Southern Copper, a Corporation company based in Miguel Hidalgo, Mexico.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Southern Copper Corporation Miguel Hidalgo, Mexico
Barrick Mining Corporation Toronto, Canada
Vale (Multi-line Mining) Corporation Rio de Janeiro, Brazil
Rio Tinto Corporation London, United Kingdom
Newmont Corporation Denver, CO
You’re viewing 5 of 9 competitors. Get the full list »

Freeport-McMoRan Patents

Freeport-McMoRan Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2022332097-A1 Methods and systems for operating a vehicle subject to a travel restriction Active 23-Aug-2021
AU-2022332097-B2 Methods and systems for operating a vehicle subject to a travel restriction Active 23-Aug-2021
CA-3221020-A1 Methods and systems for operating a vehicle subject to a travel restriction Pending 23-Aug-2021
EP-4334678-A1 Methods and systems for operating a vehicle subject to a travel restriction Pending 23-Aug-2021
EP-4334678-A4 Methods and systems for operating a vehicle subject to a travel restriction Pending 23-Aug-2021 B60W40/105
To view Freeport-McMoRan’s complete patent history, request access »

Freeport-McMoRan Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Freeport-McMoRan Investments & Acquisitions (20)

Freeport-McMoRan’s most recent deal was a Corporate Asset Purchase with Cesar Copper-Silver Project located in Colombia for . The deal was made on 13-May-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Cesar Copper-Silver Project located in Colombia 13-May-2024 Corporate Asset Purchase Buildings and Property
Jetti Resources 24-Oct-2022 Later Stage VC Other Metals, Minerals and Mining
Jervois Global 06-Aug-2021 PIPE Other Metals, Minerals and Mining
Jetti Resources 04-Jun-2021 Later Stage VC Other Metals, Minerals and Mining
Northisle Copper and Gold (Pemberton Hills Property) 11-May-2018 Secondary Transaction - Private Buildings and Property
You’re viewing 5 of 20 investments and acquisitions. Get the full list »

Freeport-McMoRan ESG

Risk Overview

Risk Rating

Updated July, 01, 2025

25.87 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,697

Rank

Percentile

Diversified Metals

Industry

of 221

Rank

Percentile

Diversified Metals Mining

Subindustry

of 182

Rank

Percentile

To view Freeport-McMoRan’s complete esg history, request access »

Freeport-McMoRan Exits (6)

Freeport-McMoRan’s most recent exit was on 08-Sep-2014 from Freeport-McMoRan (Deepwater Gulf of Mexico). The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Freeport-McMoRan (Deepwater Gulf of Mexico) 08-Sep-2014 Completed
Plains Exploration & Production 31-May-2013 Completed
Jervois Finland 29-Mar-2013 Completed
  • 3 buyers
Timok Project 16-Aug-2012 Completed
Tenke Fungurume Mining 01-Jan-2009 Joint Venture Completed
  • 3 buyers
You’re viewing 5 of 6 exits. Get the full list »

Freeport-McMoRan Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
Freeport Minerals Corporation Retirement Plan Phoenix, AZ 1941
Freeport-McMoRan (North & South American copper mines) Phoenix, AZ
Freeport Minerals Corporation Defined Benefit Master Trust Phoenix, AZ
Freeport-McMoran (North and South American operations) Phoenix, AZ
Freeport-McMoRan (California subsidiary) CA

Freeport-McMoRan FAQs

  • When was Freeport-McMoRan founded?

    Freeport-McMoRan was founded in 1981.

  • Where is Freeport-McMoRan headquartered?

    Freeport-McMoRan is headquartered in Phoenix, AZ.

  • What is the size of Freeport-McMoRan?

    Freeport-McMoRan has 28,500 total employees.

  • What industry is Freeport-McMoRan in?

    Freeport-McMoRan’s primary industry is Multi-line Mining.

  • Is Freeport-McMoRan a private or public company?

    Freeport-McMoRan is a Public company.

  • What is Freeport-McMoRan’s stock symbol?

    The ticker symbol for Freeport-McMoRan is FCX.

  • What is the current stock price of Freeport-McMoRan?

    As of 08-Jul-2025 the stock price of Freeport-McMoRan is $46.27.

  • What is the current market cap of Freeport-McMoRan?

    The current market capitalization of Freeport-McMoRan is $66.5B.

  • What is Freeport-McMoRan’s current revenue?

    The trailing twelve month revenue for Freeport-McMoRan is $24.9B.

  • Who are Freeport-McMoRan’s competitors?

    Southern Copper, Barrick Mining, Vale (Multi-line Mining), Rio Tinto, and Newmont are some of the 9 competitors of Freeport-McMoRan.

  • What is Freeport-McMoRan’s annual earnings per share (EPS)?

    Freeport-McMoRan’s EPS for 12 months was $1.21.

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