FCX vs. NEM: Freeport-McMoRan vs. Newmont Stock Comparison

June 13, 2026

This page compares Freeport-McMoRan (FCX) with Newmont (NEM) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Performance

Cumulative Growth

FCX

NEM

Freeport-McMoRan (FCX) vs. Newmont (NEM): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Freeport-McMoRan (FCX) and Newmont (NEM). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
1-Year Return	68.06%	81.14%

Risk

Drawdown

FCX

NEM

Freeport-McMoRan (FCX) vs. Newmont (NEM): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Freeport-McMoRan (FCX) has an aggressive beta of 1.35, indicating higher sensitivity to broad-market moves, while Newmont (NEM) is defensive at 0.46 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk at a Glance

Risk metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
1-Year Volatility	48.98%	47.31%
Beta	1.35	0.46
3-Month Avg. Volume	15.50M	8.96M

Company Profile

Freeport-McMoRan (FCX) and Newmont (NEM) both belong to the Metals & Mining industry, though FCX is classified under Copper while NEM falls under Gold.

Company profile comparison for Freeport-McMoRan (FCX) and Newmont (NEM)
Profile Item	FCX	NEM
Name	Freeport-McMoRan Inc.	Newmont Corporation
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Copper	Gold
Market Capitalization	98.34 billion USD	107.00 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 10, 1995	March 17, 1980
Security Type	Common Stock	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

Newmont (NEM) at 13.00 sits in the cheaper P/E ratio quartile, while Freeport-McMoRan (FCX) at 36.20 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

FCX

Materials industry group

36.20

Max: 60.17
FCX: 36.20
Q3: 33.90
Median: 22.02
Q1: 15.32
Min: 4.65

NEM

Materials industry group

13.00

Max: 60.17
Q3: 33.90
Median: 22.02
Q1: 15.32
NEM: 13.00
Min: 4.65

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their P/E ratio against the Materials industry group benchmark.

Price-to-Sales Ratio (TTM)

On P/S ratio, both Freeport-McMoRan (FCX) at 3.72 and Newmont (NEM) at 4.29 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

FCX

Materials industry group

3.72

Max: 9.93
Q3: 4.61
FCX: 3.72
Median: 2.05
Q1: 0.79
Min: 0.00

NEM

Materials industry group

4.29

Max: 9.93
Q3: 4.61
NEM: 4.29
Median: 2.05
Q1: 0.79
Min: 0.00

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their P/S ratio against the Materials industry group benchmark.

Price-to-Book Ratio (MRQ)

Newmont (NEM) at 3.08 is valued about in line with its industry on P/B ratio, while Freeport-McMoRan (FCX) at 5.04 carries an above-peer premium to book — FCX is pricier on assets.

FCX

Materials industry group

5.04

Max: 8.35
FCX: 5.04
Q3: 4.40
Median: 2.67
Q1: 1.45
Min: -0.48

NEM

Materials industry group

3.08

Max: 8.35
Q3: 4.40
NEM: 3.08
Median: 2.67
Q1: 1.45
Min: -0.48

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation at a Glance

Valuation metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
Price-to-Earnings Ratio (TTM)	36.20	13.00
Price-to-Sales Ratio (TTM)	3.72	4.29
Price-to-Book Ratio (MRQ)	5.04	3.08
Free Cash Flow Yield	1.74%	9.16%

Profitability

Return on Equity (TTM)

Newmont (NEM) at 25.83% sits in the top ROE quartile, while Freeport-McMoRan (FCX) at 15.63% is closer to the peer norm — stronger capital efficiency for NEM.

FCX

Materials industry group

15.63%

Max: 51.93%
Q3: 17.55%
FCX: 15.63%
Median: 5.92%
Q1: -10.29%
Min: -50.42%

NEM

Materials industry group

25.83%

Max: 51.93%
NEM: 25.83%
Q3: 17.55%
Median: 5.92%
Q1: -10.29%
Min: -50.42%

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their ROE against the Materials industry group benchmark.

Net Profit Margin (TTM)

Newmont (NEM) at 33.87% retains a top-quartile share of revenue as profit, ahead of Freeport-McMoRan (FCX) at 10.34%, which keeps about the industry-typical share.

FCX

Materials industry group

10.34%

Max: 35.99%
Q3: 14.87%
FCX: 10.34%
Median: 3.80%
Q1: 0.00%
Min: -21.87%

NEM

Materials industry group

33.87%

Max: 35.99%
NEM: 33.87%
Q3: 14.87%
Median: 3.80%
Q1: 0.00%
Min: -21.87%

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their net margin against the Materials industry group benchmark.

Operating Profit Margin (TTM)

Both Freeport-McMoRan (FCX) at 31.07% and Newmont (NEM) at 61.38% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

FCX

Materials industry group

31.07%

Max: 66.92%
FCX: 31.07%
Q3: 27.27%
Median: 9.63%
Q1: 0.00%
Min: -32.85%

NEM

Materials industry group

61.38%

Max: 66.92%
NEM: 61.38%
Q3: 27.27%
Median: 9.63%
Q1: 0.00%
Min: -32.85%

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability at a Glance

Profitability metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
Return on Equity (TTM)	15.63%	25.83%
Return on Assets (TTM)	7.77%	14.89%
Net Profit Margin (TTM)	10.34%	33.87%
Operating Profit Margin (TTM)	31.07%	61.38%
Gross Profit Margin (TTM)	38.64%	67.36%

Growth

Revenue Growth

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
1-Year Revenue Growth	1.81%	21.34%
3-Year Revenue CAGR	4.39%	23.91%

EPS Growth

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
1-Year EPS Growth	16.92%	118.84%
3-Year EPS CAGR	-14.00%	--

Financial Strength

Current Ratio (MRQ)

Both Freeport-McMoRan (FCX) at 2.39 and Newmont (NEM) at 2.44 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

FCX

Materials industry group

2.39

Max: 6.31
Q3: 3.52
FCX: 2.39
Median: 2.28
Q1: 1.43
Min: 0.12

NEM

Materials industry group

2.44

Max: 6.31
Q3: 3.52
NEM: 2.44
Median: 2.28
Q1: 1.43
Min: 0.12

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their current ratio against the Materials industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Both Freeport-McMoRan (FCX) at 0.33 and Newmont (NEM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

FCX

Materials industry group

0.33

Max: 2.02
Q3: 0.92
Median: 0.44
FCX: 0.33
Q1: 0.14
Min: 0.00

NEM

Materials industry group

0.16

Max: 2.02
Q3: 0.92
Median: 0.44
NEM: 0.16
Q1: 0.14
Min: 0.00

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
Current Ratio (MRQ)	2.39	2.44
Debt-to-Equity Ratio (MRQ)	0.33	0.16
Net Debt / EBITDA	0.68	-0.20

Dividends

Dividend Yield (TTM)

Both Freeport-McMoRan (FCX) at 0.88% and Newmont (NEM) at 1.04% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

FCX

Materials industry group

0.88%

Max: 4.47%
Q3: 1.89%
FCX: 0.88%
Median: 0.58%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

1.04%

Max: 4.47%
Q3: 1.89%
NEM: 1.04%
Median: 0.58%
Q1: 0.00%
Min: 0.00%

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Freeport-McMoRan (FCX) at 31.75% and Newmont (NEM) at 13.10% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

FCX

Materials industry group

31.75%

Max: 90.00%
Q3: 38.50%
FCX: 31.75%
Median: 8.90%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

13.10%

Max: 90.00%
Q3: 38.50%
NEM: 13.10%
Median: 8.90%
Q1: 0.00%
Min: 0.00%

Freeport-McMoRan (FCX) vs. Newmont (NEM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividends at a Glance

Dividend metrics for Freeport-McMoRan (FCX) and Newmont (NEM)
Metric	FCX	NEM
Dividend Yield (TTM)	0.88%	1.04%
Dividend Payout Ratio (TTM)	31.75%	13.10%