DOW vs. FCX: Dow vs. Freeport-McMoRan Stock Comparison
How do Dow (DOW) and Freeport-McMoRan (FCX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Dow (DOW) and Freeport-McMoRan (FCX) both fall under the Materials industry group, but DOW is classified in Chemicals while FCX is classified in Metals & Mining.
| Profile Item | DOW | FCX |
|---|---|---|
| Name | Dow Inc. | Freeport-McMoRan Inc. |
| Country/Region | United States | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Chemicals | Metals & Mining |
| GICS Sub-Industry | Commodity Chemicals | Copper |
| Market Capitalization | 22.73 billion USD | 85.33 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 20, 2019 | July 10, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DOW | FCX |
|---|---|---|
| Total Return (1Y) | 46.93% | 58.58% |
| Total Return (3Y, Annualized) | -8.46% | 24.99% |
| Total Return (5Y, Annualized) | -6.94% | 11.32% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Freeport-McMoRan (FCX) has an aggressive beta of 1.37, indicating higher sensitivity to broad-market moves, while Dow (DOW) is defensive at 0.44 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | DOW | FCX |
|---|---|---|
| Volatility (1Y, Annualized) | 41.81% | 48.40% |
| Beta (5Y) | 0.44 | 1.37 |
| Max Drawdown (5Y) | -64.37% | -51.26% |
| Avg. Volume (3M) | 8.52M | 12.34M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DOW | FCX |
|---|---|---|
| Sharpe Ratio (1Y) | 1.02 | 1.12 |
| Sortino Ratio (1Y) | 1.62 | 1.61 |
Profitability
ROE (TTM)
Dow (DOW) reports a negative ROE of -3.24%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Freeport-McMoRan (FCX) reports 15.72%, ranking against industry peers normally.
DOW
Materials industry group
-3.24%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- DOW
- -3.24%
- Q1
- -3.41%
- Min
- -32.81%
FCX
Materials industry group
15.72%
- Max
- 52.88%
- Q3
- 19.49%
- FCX
- 15.72%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Dow (DOW) reports a negative net margin of -2.11%, usually indicating a net loss over the period. Meanwhile Freeport-McMoRan (FCX) reports 13.03%, ranking against industry peers normally.
DOW
Materials industry group
-2.11%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- DOW
- -2.11%
- Min
- -20.40%
FCX
Materials industry group
13.03%
- Max
- 38.66%
- Q3
- 15.98%
- FCX
- 13.03%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Freeport-McMoRan (FCX) at 35.26% operates in the top operating margin quartile, ahead of Dow (DOW) at 6.78%, which runs around its industry’s norm.
DOW
Materials industry group
6.78%
- Max
- 66.70%
- Q3
- 28.92%
- Median
- 12.56%
- DOW
- 6.78%
- Q1
- 3.28%
- Min
- -14.07%
FCX
Materials industry group
35.26%
- Max
- 66.70%
- FCX
- 35.26%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | DOW | FCX |
|---|---|---|
| ROE (TTM) | -3.24% | 15.72% |
| ROA (TTM) | 1.87% | 7.99% |
| Net Margin (TTM) | -2.11% | 13.03% |
| Operating Margin (TTM) | 6.78% | 35.26% |
| Gross Margin (TTM) | 11.01% | 38.86% |
Growth
Revenue Growth
Freeport-McMoRan (FCX) at 1.81% is around its peer norm for revenue growth, while Dow (DOW) at -6.97% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Freeport-McMoRan (FCX) at 16.92% is around its peer norm for EPS growth, while Dow (DOW) at -335.67% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | DOW | FCX |
|---|---|---|
| Revenue Growth (YoY) | -6.97% | 1.81% |
| Revenue Growth (3Y CAGR) | -11.11% | 4.39% |
| EPS Growth (YoY) | -335.67% | 16.92% |
| EPS Growth (3Y CAGR) | -- | -14.00% |
Financial Strength
Current Ratio (MRQ)
Both Dow (DOW) at 1.76 and Freeport-McMoRan (FCX) at 2.02 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
DOW
Materials industry group
1.76
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- DOW
- 1.76
- Q1
- 1.45
- Min
- 0.16
FCX
Materials industry group
2.02
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- FCX
- 2.02
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Freeport-McMoRan (FCX) at 0.31 carries an industry-typical debt-to-equity mix, while Dow (DOW) at 1.08 uses more debt funding than most peers.
DOW
Materials industry group
1.08
- Max
- 1.98
- DOW
- 1.08
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
FCX
Materials industry group
0.31
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- FCX
- 0.31
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | DOW | FCX |
|---|---|---|
| Current Ratio (MRQ) | 1.76 | 2.02 |
| Debt / Equity (MRQ) | 1.08 | 0.31 |
| Net Debt / EBITDA | 3.21 | 0.60 |
Dividends
Dividend Yield (TTM)
Dow (DOW) at 4.38% delivers top-quartile income for its industry, while Freeport-McMoRan (FCX) at 1.04% pays a more typical yield — both are credible income propositions, DOW the richer one.
DOW
Materials industry group
4.38%
- Max
- 4.52%
- DOW
- 4.38%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
FCX
Materials industry group
1.04%
- Max
- 4.52%
- Q3
- 1.85%
- FCX
- 1.04%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Dow (DOW) reports payout ratio above 100% at 700.00%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Freeport-McMoRan (FCX) reports 25.21%, ranking against industry peers normally.
DOW
Materials industry group
700.00%
- DOW
- 700.00%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
FCX
Materials industry group
25.21%
- Max
- 83.62%
- Q3
- 41.37%
- FCX
- 25.21%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DOW | FCX |
|---|---|---|
| Dividend Yield (TTM) | 4.38% | 1.04% |
| Dividend Payout Ratio (TTM) | 700.00% | 25.21% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Freeport-McMoRan (FCX) trades at 24.97 times trailing earnings, ranked against its peers, while Dow (DOW) has no P/E ratio this period.
DOW
Materials industry group
--
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
- DOW
- --
FCX
Materials industry group
24.97
- Max
- 59.00
- Q3
- 32.93
- FCX
- 24.97
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Dow (DOW) at 0.53 sits in the cheaper P/S ratio quartile while Freeport-McMoRan (FCX) at 3.23 prices around its industry’s middle — DOW costs less per dollar of sales, though read it alongside growth and margins.
DOW
Materials industry group
0.53
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- DOW
- 0.53
- Min
- 0.00
FCX
Materials industry group
3.23
- Max
- 9.62
- Q3
- 4.34
- FCX
- 3.23
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Dow (DOW) at 1.41 is valued about in line with its industry on P/B ratio, while Freeport-McMoRan (FCX) at 3.97 carries an above-peer premium to book — FCX is pricier on assets.
DOW
Materials industry group
1.41
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- DOW
- 1.41
- Q1
- 1.26
- Min
- -0.17
FCX
Materials industry group
3.97
- Max
- 6.59
- FCX
- 3.97
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | DOW | FCX |
|---|---|---|
| P/E Ratio (TTM) | -- | 24.97 |
| P/S Ratio (TTM) | 0.53 | 3.23 |
| P/B Ratio (MRQ) | 1.41 | 3.97 |
| Free Cash Flow Yield (TTM) | 3.95% | 2.19% |