FCX vs. RGLD: Freeport-McMoRan vs. Royal Gold Stock Comparison
How do Freeport-McMoRan (FCX) and Royal Gold (RGLD) 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
Freeport-McMoRan (FCX) and Royal Gold (RGLD) both belong to the Metals & Mining industry, though FCX is classified under Copper while RGLD falls under Gold.
| Profile Item | FCX | RGLD |
|---|---|---|
| Name | Freeport-McMoRan Inc. | Royal Gold, Inc. |
| 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 | 85.33 billion USD | 22.47 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 10, 1995 | June 9, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FCX | RGLD |
|---|---|---|
| Total Return (1Y) | 58.58% | 60.60% |
| Total Return (3Y, Annualized) | 24.99% | 39.65% |
| Total Return (5Y, Annualized) | 11.32% | 23.26% |
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 Royal Gold (RGLD) is defensive at 0.39 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
Freeport-McMoRan (FCX) is heavily traded at around 12.34M shares per day, whereas Royal Gold (RGLD) sees a more moderate 667.01K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | FCX | RGLD |
|---|---|---|
| Volatility (1Y, Annualized) | 48.40% | 41.91% |
| Beta (5Y) | 1.37 | 0.39 |
| Max Drawdown (5Y) | -51.26% | -40.73% |
| Avg. Volume (3M) | 12.34M | 667.01K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FCX | RGLD |
|---|---|---|
| Sharpe Ratio (1Y) | 1.12 | 1.34 |
| Sortino Ratio (1Y) | 1.61 | 2.00 |
Profitability
ROE (TTM)
Both Freeport-McMoRan (FCX) at 15.72% and Royal Gold (RGLD) at 15.03% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
FCX
Materials industry group
15.72%
- Max
- 52.88%
- Q3
- 19.49%
- FCX
- 15.72%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
RGLD
Materials industry group
15.03%
- Max
- 52.88%
- Q3
- 19.49%
- RGLD
- 15.03%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Royal Gold (RGLD) at 47.99% converts revenue to bottom-line profit above its industry’s benchmark range, while Freeport-McMoRan (FCX) at 13.03% keeps roughly the typical share for its industry.
FCX
Materials industry group
13.03%
- Max
- 38.66%
- Q3
- 15.98%
- FCX
- 13.03%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
RGLD
Materials industry group
47.99%
- RGLD
- 47.99%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Both Freeport-McMoRan (FCX) at 35.26% and Royal Gold (RGLD) at 65.85% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
FCX
Materials industry group
35.26%
- Max
- 66.70%
- FCX
- 35.26%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
RGLD
Materials industry group
65.85%
- Max
- 66.70%
- RGLD
- 65.85%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | FCX | RGLD |
|---|---|---|
| ROE (TTM) | 15.72% | 15.03% |
| ROA (TTM) | 7.99% | 9.97% |
| Net Margin (TTM) | 13.03% | 47.99% |
| Operating Margin (TTM) | 35.26% | 65.85% |
| Gross Margin (TTM) | 38.86% | 86.63% |
Growth
Revenue Growth
Royal Gold (RGLD) at 43.24% sits in the top revenue growth quartile, while Freeport-McMoRan (FCX) at 1.81% is closer to the peer norm — faster top-line expansion for RGLD.
EPS Growth
Both Freeport-McMoRan (FCX) at 16.92% and Royal Gold (RGLD) at 32.74% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FCX | RGLD |
|---|---|---|
| Revenue Growth (YoY) | 1.81% | 43.24% |
| Revenue Growth (3Y CAGR) | 4.39% | 19.54% |
| EPS Growth (YoY) | 16.92% | 32.74% |
| EPS Growth (3Y CAGR) | -14.00% | 22.60% |
Financial Strength
Current Ratio (MRQ)
Both Freeport-McMoRan (FCX) at 2.02 and Royal Gold (RGLD) at 2.40 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
FCX
Materials industry group
2.02
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- FCX
- 2.02
- Q1
- 1.45
- Min
- 0.16
RGLD
Materials industry group
2.40
- Max
- 5.96
- Q3
- 3.30
- RGLD
- 2.40
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Royal Gold (RGLD) at 0.02 keeps leverage in the lower industry quartile, while Freeport-McMoRan (FCX) at 0.31 runs a more typical debt-to-equity mix.
FCX
Materials industry group
0.31
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- FCX
- 0.31
- Q1
- 0.13
- Min
- 0.00
RGLD
Materials industry group
0.02
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- RGLD
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | FCX | RGLD |
|---|---|---|
| Current Ratio (MRQ) | 2.02 | 2.40 |
| Debt / Equity (MRQ) | 0.31 | 0.02 |
| Net Debt / EBITDA | 0.60 | -0.03 |
Dividends
Dividend Yield (TTM)
Both Freeport-McMoRan (FCX) at 1.04% and Royal Gold (RGLD) at 0.74% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
FCX
Materials industry group
1.04%
- Max
- 4.52%
- Q3
- 1.85%
- FCX
- 1.04%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
RGLD
Materials industry group
0.74%
- Max
- 4.52%
- Q3
- 1.85%
- RGLD
- 0.74%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Freeport-McMoRan (FCX) at 25.21% and Royal Gold (RGLD) at 19.41% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
FCX
Materials industry group
25.21%
- Max
- 83.62%
- Q3
- 41.37%
- FCX
- 25.21%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
RGLD
Materials industry group
19.41%
- Max
- 83.62%
- Q3
- 41.37%
- RGLD
- 19.41%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FCX | RGLD |
|---|---|---|
| Dividend Yield (TTM) | 1.04% | 0.74% |
| Dividend Payout Ratio (TTM) | 25.21% | 19.41% |
Valuation
P/E Ratio (TTM)
Both Freeport-McMoRan (FCX) at 24.97 and Royal Gold (RGLD) at 27.15 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
FCX
Materials industry group
24.97
- Max
- 59.00
- Q3
- 32.93
- FCX
- 24.97
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
RGLD
Materials industry group
27.15
- Max
- 59.00
- Q3
- 32.93
- RGLD
- 27.15
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Freeport-McMoRan (FCX) at 3.23 prices around its industry’s typical P/S ratio, while Royal Gold (RGLD) at 12.86 clears its benchmark range — RGLD looks notably rich on sales.
FCX
Materials industry group
3.23
- Max
- 9.62
- Q3
- 4.34
- FCX
- 3.23
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
RGLD
Materials industry group
12.86
- RGLD
- 12.86
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Royal Gold (RGLD) at 2.91 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.
FCX
Materials industry group
3.97
- Max
- 6.59
- FCX
- 3.97
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
RGLD
Materials industry group
2.91
- Max
- 6.59
- Q3
- 3.55
- RGLD
- 2.91
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | FCX | RGLD |
|---|---|---|
| P/E Ratio (TTM) | 24.97 | 27.15 |
| P/S Ratio (TTM) | 3.23 | 12.86 |
| P/B Ratio (MRQ) | 3.97 | 2.91 |
| Free Cash Flow Yield (TTM) | 2.19% | 4.24% |