RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Freeport-McMoRan P/E 2024

Freeport-McMoRan P/E

31.09

Freeport-McMoRan Dividend yield

0.9 %

Ticker

FCX

ISIN

US35671D8570

WKN

896476

As of Apr 18, 2024, Freeport-McMoRan's P/E ratio was 31.09, a 11.87% change from the 27.79 P/E ratio recorded in the previous year.

The Freeport-McMoRan P/E history

Freeport-McMoRan Aktienanalyse

What does Freeport-McMoRan do?

Freeport-McMoRan Inc. is an American mining company that was founded in 1912. It is headquartered in Phoenix, Arizona and is now one of the world's largest copper, gold, and molybdenum producers. History: The roots of Freeport-McMoRan go back to 1865 when the founding partners of the company, James R. Bobbitt and William A. Clark, entered the mining industry. The company Freeport Sulphur Company was founded in New York in 1912 and later renamed Freeport Minerals Company. The merger of Freeport Minerals and McMoRan Oil & Gas in 1981 led to the formation of the present-day company. Business Model: Freeport-McMoRan is an integrated copper, gold, and molybdenum producer involved in exploration through to refining. The company operates mines, processing facilities, smelters, and refineries worldwide. The company is one of the world's largest publicly traded commodity companies. Divisions: Freeport-McMoRan operates in two main divisions: mining and exploration. The mining division includes operating sites in North America, South America, and Indonesia. Copper, gold, and molybdenum ore are mined and processed at these sites. The North and South American sites mainly produce copper, while the operation in Indonesia primarily produces gold. Freeport-McMoRan is the second-largest copper producer in the world and the largest gold producer in Indonesia. The exploration division focuses on exploring new mineral resources in North America, South America, and Africa. The company aims to expand its mineral resources and develop new deposits to increase its production. Products: Freeport-McMoRan produces and distributes a variety of products made from copper, gold, and molybdenum. The main products are copper cathodes and concentrates, as well as gold bars. Other products include copper pipes, electrical cables, alloys, printed circuit boards, jewelry, gold coins, and industrial chemicals. Conclusion: Freeport-McMoRan is a leading commodity company with a long tradition and a wide portfolio of mining and exploration activities. The company aims to increase its production and expand its mineral resources to strengthen its position as one of the world's largest copper, gold, and molybdenum producers. The products that Freeport-McMoRan produces are essential in many industries such as electronics, jewelry manufacturing, and industrial chemistry. Freeport-McMoRan ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Freeport-McMoRan's P/E Ratio

The Price to Earnings (P/E) Ratio of Freeport-McMoRan is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Freeport-McMoRan's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Freeport-McMoRan is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Freeport-McMoRan’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Freeport-McMoRan Stock

What is the price-to-earnings ratio of Freeport-McMoRan?

The price-earnings ratio of Freeport-McMoRan is currently 31.09.

How has the price-earnings ratio of Freeport-McMoRan changed compared to last year?

The price-to-earnings ratio of Freeport-McMoRan has increased by 11.87% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Freeport-McMoRan high compared to other companies?

Yes, the price-to-earnings ratio of Freeport-McMoRan is high compared to other companies.

How does an increase in the price-earnings ratio of Freeport-McMoRan affect the company?

An increase in the price-earnings ratio of Freeport-McMoRan would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Freeport-McMoRan affect the company?

A decrease in the price-earnings ratio of Freeport-McMoRan would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Freeport-McMoRan?

Some factors that influence the price-earnings ratio of Freeport-McMoRan are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Freeport-McMoRan pay?

Over the past 12 months, Freeport-McMoRan paid a dividend of 0.45 USD . This corresponds to a dividend yield of about 0.9 %. For the coming 12 months, Freeport-McMoRan is expected to pay a dividend of 0.54 USD.

What is the dividend yield of Freeport-McMoRan?

The current dividend yield of Freeport-McMoRan is 0.9 %.

When does Freeport-McMoRan pay dividends?

Freeport-McMoRan pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Freeport-McMoRan?

Freeport-McMoRan paid dividends every year for the past 10 years.

What is the dividend of Freeport-McMoRan?

For the upcoming 12 months, dividends amounting to 0.54 USD are expected. This corresponds to a dividend yield of 1.08 %.

In which sector is Freeport-McMoRan located?

Freeport-McMoRan is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Freeport-McMoRan kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Freeport-McMoRan from 5/1/2024 amounting to 0.075 USD, you needed to have the stock in your portfolio before the ex-date on 4/12/2024.

When did Freeport-McMoRan pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of Freeport-McMoRan in the year 2023?

In the year 2023, Freeport-McMoRan distributed 0.3 USD as dividends.

In which currency does Freeport-McMoRan pay out the dividend?

The dividends of Freeport-McMoRan are distributed in USD.

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Andere Kennzahlen von Freeport-McMoRan

Our stock analysis for Freeport-McMoRan Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Freeport-McMoRan Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.