Question 1

What is Freeport-McMoRan's P/S ratio?

Accepted Answer

Freeport-McMoRan (FCX) P/S ratio is 3.5× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Freeport-McMoRan?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Freeport-McMoRan specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

Is Freeport-McMoRan's P/S ratio high or low?

Accepted Answer

Freeport-McMoRan's P/S ratio of 3.5× is above its own 5-year average of 2.5× and above the sector median of 2.2×. That places the current reading at the 94th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Freeport-McMoRan's historical P/S ratio range?

Accepted Answer

In the available daily series, Freeport-McMoRan (FCX) P/S ratio has ranged from a low of 0.5× in 2015 to a high of 3.9× in 2021. The 5-year average is 2.5× and the 5-year median is 2.6×.

Question 7

What was Freeport-McMoRan's P/S ratio in 2025?

Accepted Answer

Freeport-McMoRan (FCX) P/S ratio at the end of 2025 was 2.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Freeport-McMoRan's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$73.29B	$25.74B	2.8×	+0.7×	Dec 31, 2025
2024	$54.72B	$25.14B	2.2×	-0.5×	Dec 31, 2024
2023	$61.05B	$22.71B	2.7×	+0.4×	Dec 31, 2023
2022	$54.34B	$23.35B	2.3×	-0.4×	Dec 31, 2022
2021	$60.80B	$22.36B	2.7×	-0.0×	Dec 31, 2021
2020	$37.94B	$13.87B	2.7×	+1.4×	Dec 31, 2020
2019	$19.05B	$14.36B	1.3×	+0.5×	Dec 31, 2019
2018	$14.95B	$18.97B	0.8×	-0.9×	Dec 31, 2018
2017	$27.45B	$15.86B	1.7×	+0.5×	Dec 31, 2017
2016	$18.51B	$14.67B	1.3×	+0.8×	Dec 31, 2016
2015	$7.97B	$15.88B	0.5×	-0.6×	Dec 31, 2015
2014	$24.27B	$21.44B	1.1×	-0.7×	Dec 31, 2014
2013	$39.17B	$20.92B	1.9×	+0.1×	Dec 31, 2013
2012	$32.46B	$18.01B	1.8×	+0.1×	Dec 31, 2012
2011	$34.84B	$20.88B	1.7×	-1.3×	Dec 31, 2011
2010	$56.57B	$18.98B	3.0×	+0.7×	Dec 31, 2010
2009	$34.60B	$15.04B	2.3×	+1.8×	Dec 31, 2009
2008	$9.78B	$17.80B	0.5×	-1.7×	Dec 31, 2008
2007	$39.23B	$17.36B	2.3×	+0.2×	Dec 31, 2007
2006	$12.08B	$5.79B	2.1×	-0.3×	Dec 31, 2006
2005	$9.98B	$4.18B	2.4×	-0.5×	Dec 31, 2005
2004	$6.83B	$2.37B	2.9×	-0.9×	Dec 31, 2004
2003	$8.34B	$2.21B	3.8×	+2.5×	Dec 31, 2003
2002	$2.43B	$1.91B	1.3×	+0.2×	Dec 31, 2002
2001	$1.93B	$1.84B	1.0×	—	Dec 31, 2001


Air Products and Chemicals (APD)	5.2×
Newmont (NEM)	4.8×
Ecolab (ECL)	4.6×
Vulcan Materials (VMC)	4.5×
Albemarle (ALB)	3.9×
Sherwin-Williams (SHW)	3.3×
Corteva (CTVA)	3.1×
Solstice Advanced Materials (SOLS)	3.0×
CF Industries Holdings (CF)	2.7×
Weyerhaeuser (WY)	2.5×
DuPont de Nemours (DD)	1.9×
RPM International (RPM)	1.9×
International Flavors & Fragrances (IFF)	1.7×
PPG Industries (PPG)	1.5×
Ashland (ASH)	1.4×
Steel Dynamics (STLD)	1.4×
CRH (CRH)	1.3×
Nucor (NUE)	1.2×
H.B. Fuller (FUL)	1.0×
Avient (AVNT)	1.0×
Eastman Chemical (EMN)	1.0×
LyondellBasell (LYB)	0.9×
Dow (DOW)	0.8×
Mosaic (MOS)	0.7×
Stepan (SCL)	0.5×

P/S Ratio for Freeport-McMoRan (FCX)

P/S Ratio daily chart for Freeport-McMoRan (FCX)

Historical P/S Ratio for Freeport-McMoRan (FCX) from 2001 to 2025

About P/S Ratio at Freeport-McMoRan (FCX)

Freeport-McMoRan P/S Ratio by Year

Freeport-McMoRan P/S Ratio 2025: 2.8×

Freeport-McMoRan P/S Ratio 2024: 2.2×

Freeport-McMoRan P/S Ratio 2023: 2.7×

Freeport-McMoRan P/S Ratio 2022: 2.3×

Freeport-McMoRan P/S Ratio 2021: 2.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Freeport-McMoRan (FCX) Key Financials

P/S Ratio daily chart for Freeport-McMoRan (FCX)

Historical P/S Ratio for Freeport-McMoRan (FCX) from 2001 to 2025

About P/S Ratio at Freeport-McMoRan (FCX)

Freeport-McMoRan P/S Ratio by Year

Freeport-McMoRan P/S Ratio 2025: 2.8×

Freeport-McMoRan P/S Ratio 2024: 2.2×

Freeport-McMoRan P/S Ratio 2023: 2.7×

Freeport-McMoRan P/S Ratio 2022: 2.3×

Freeport-McMoRan P/S Ratio 2021: 2.7×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Freeport-McMoRan's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Freeport-McMoRan?

+Is Freeport-McMoRan's P/S ratio high or low?

+What is Freeport-McMoRan's historical P/S ratio range?

+What was Freeport-McMoRan's P/S ratio in 2025?

+Why does Freeport-McMoRan's P/S ratio change over time?

Freeport-McMoRan (FCX) Key Financials