FCX vs. RIO: Freeport-McMoRan vs. Rio Tinto Stock Comparison
How do Freeport-McMoRan (FCX) and Rio Tinto (RIO) 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 Rio Tinto (RIO) both belong to the Metals & Mining industry, though FCX is classified under Copper while RIO falls under Diversified Metals & Mining.
Freeport-McMoRan (FCX) trades as ordinary local shares, while Rio Tinto (RIO) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | FCX | RIO |
|---|---|---|
| Name | Freeport-McMoRan Inc. | Rio Tinto plc ADR |
| Country/Region | United States | United Kingdom |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Copper | Diversified Metals & Mining |
| Market Capitalization | 104.44 billion USD | 167.95 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 10, 1995 | June 28, 1990 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FCX | RIO |
|---|---|---|
| Total Return (1Y) | 59.57% | 73.69% |
| Total Return (3Y, Annualized) | 22.15% | 24.57% |
| Total Return (5Y, Annualized) | 16.61% | 13.99% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Freeport-McMoRan (FCX) has an aggressive beta of 1.39, indicating higher sensitivity to broad-market moves, while Rio Tinto (RIO) is defensive at 0.56 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | FCX | RIO |
|---|---|---|
| Volatility (1Y, Annualized) | 51.00% | 30.13% |
| Beta (5Y) | 1.39 | 0.56 |
| Max Drawdown (5Y) | -51.26% | -35.25% |
| Avg. Volume (3M) | 14.66M | 2.62M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FCX | RIO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.09 | 2.31 |
| Sortino Ratio (1Y) | 1.50 | 3.52 |
Profitability
ROE (TTM)
Both Freeport-McMoRan (FCX) at 14.76% and Rio Tinto (RIO) at 19.31% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
FCX
Materials industry group
14.76%
- Max
- 58.68%
- Q3
- 19.91%
- FCX
- 14.76%
- Median
- 7.18%
- Q1
- -6.58%
- Min
- -41.32%
RIO
Materials industry group
19.31%
- Max
- 58.68%
- Q3
- 19.91%
- RIO
- 19.31%
- Median
- 7.18%
- Q1
- -6.58%
- Min
- -41.32%
Net Margin (TTM)
Rio Tinto (RIO) at 19.59% retains a top-quartile share of revenue as profit, ahead of Freeport-McMoRan (FCX) at 11.39%, which keeps about the industry-typical share.
FCX
Materials industry group
11.39%
- Max
- 37.52%
- Q3
- 15.14%
- FCX
- 11.39%
- Median
- 4.47%
- Q1
- 0.00%
- Min
- -19.34%
RIO
Materials industry group
19.59%
- Max
- 37.52%
- RIO
- 19.59%
- Q3
- 15.14%
- Median
- 4.47%
- Q1
- 0.00%
- Min
- -19.34%
Operating Margin (TTM)
Freeport-McMoRan (FCX) at 33.40% operates in the top operating margin quartile, ahead of Rio Tinto (RIO) at 28.05%, which runs around its industry’s norm.
FCX
Materials industry group
33.40%
- Max
- 66.54%
- FCX
- 33.40%
- Q3
- 29.90%
- Median
- 12.36%
- Q1
- 1.74%
- Min
- -29.20%
RIO
Materials industry group
28.05%
- Max
- 66.54%
- Q3
- 29.90%
- RIO
- 28.05%
- Median
- 12.36%
- Q1
- 1.74%
- Min
- -29.20%
Profitability Metrics
| Metric | FCX | RIO |
|---|---|---|
| ROE (TTM) | 14.76% | 19.31% |
| ROA (TTM) | 7.59% | 8.11% |
| Net Margin (TTM) | 11.39% | 19.59% |
| Operating Margin (TTM) | 33.40% | 28.05% |
| Gross Margin (TTM) | 38.28% | 29.75% |
Growth
Revenue Growth
Both Freeport-McMoRan (FCX) at 1.81% and Rio Tinto (RIO) at 7.42% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Freeport-McMoRan (FCX) at 16.92% and Rio Tinto (RIO) at -13.97% 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 | RIO |
|---|---|---|
| Revenue Growth (YoY) | 1.81% | 7.42% |
| Revenue Growth (3Y CAGR) | 4.39% | 1.24% |
| EPS Growth (YoY) | 16.92% | -13.97% |
| EPS Growth (3Y CAGR) | -14.00% | -7.23% |
Financial Strength
Current Ratio (MRQ)
Freeport-McMoRan (FCX) at 2.07 keeps current ratio within its industry’s typical mid-range, while Rio Tinto (RIO) at 1.42 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for RIO.
FCX
Materials industry group
2.07
- Max
- 6.33
- Q3
- 3.44
- Median
- 2.24
- FCX
- 2.07
- Q1
- 1.46
- Min
- 0.16
RIO
Materials industry group
1.42
- Max
- 6.33
- Q3
- 3.44
- Median
- 2.24
- Q1
- 1.46
- RIO
- 1.42
- Min
- 0.16
Debt / Equity (MRQ)
Both Freeport-McMoRan (FCX) at 0.32 and Rio Tinto (RIO) at 0.32 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
FCX
Materials industry group
0.32
- Max
- 2.03
- Q3
- 0.94
- Median
- 0.45
- FCX
- 0.32
- Q1
- 0.13
- Min
- 0.00
RIO
Materials industry group
0.32
- Max
- 2.03
- Q3
- 0.94
- Median
- 0.45
- RIO
- 0.32
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | FCX | RIO |
|---|---|---|
| Current Ratio (MRQ) | 2.07 | 1.42 |
| Debt / Equity (MRQ) | 0.32 | 0.32 |
| Net Debt / EBITDA | 0.66 | 0.58 |
Dividends
Dividend Yield (TTM)
Freeport-McMoRan (FCX) at 0.83% pays an industry-typical yield; Rio Tinto (RIO) at 4.52% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
FCX
Materials industry group
0.83%
- Max
- 4.11%
- Q3
- 1.77%
- FCX
- 0.83%
- Median
- 0.34%
- Q1
- 0.00%
- Min
- 0.00%
RIO
Materials industry group
4.52%
- RIO
- 4.52%
- Max
- 4.11%
- Q3
- 1.77%
- Median
- 0.34%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Freeport-McMoRan (FCX) at 29.41% pays out a band-typical share of earnings, while Rio Tinto (RIO) at 54.46% distributes more than its industry norm — less retained, thinner cover.
FCX
Materials industry group
29.41%
- Max
- 84.09%
- Q3
- 34.12%
- FCX
- 29.41%
- Median
- 7.61%
- Q1
- 0.00%
- Min
- 0.00%
RIO
Materials industry group
54.46%
- Max
- 84.09%
- RIO
- 54.46%
- Q3
- 34.12%
- Median
- 7.61%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FCX | RIO |
|---|---|---|
| Dividend Yield (TTM) | 0.83% | 4.52% |
| Dividend Payout Ratio (TTM) | 29.41% | 54.46% |
Valuation
P/E Ratio (TTM)
Rio Tinto (RIO) at 13.99 sits in the cheaper P/E ratio quartile, while Freeport-McMoRan (FCX) at 35.65 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
FCX
Materials industry group
35.65
- Max
- 60.29
- FCX
- 35.65
- Q3
- 33.41
- Median
- 21.54
- Q1
- 15.25
- Min
- 6.03
RIO
Materials industry group
13.99
- Max
- 60.29
- Q3
- 33.41
- Median
- 21.54
- Q1
- 15.25
- RIO
- 13.99
- Min
- 6.03
P/S Ratio (TTM)
On P/S ratio, both Freeport-McMoRan (FCX) at 4.04 and Rio Tinto (RIO) at 2.72 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
FCX
Materials industry group
4.04
- Max
- 10.63
- Q3
- 5.00
- FCX
- 4.04
- Median
- 2.04
- Q1
- 0.74
- Min
- 0.00
RIO
Materials industry group
2.72
- Max
- 10.63
- Q3
- 5.00
- RIO
- 2.72
- Median
- 2.04
- Q1
- 0.74
- Min
- 0.00
P/B Ratio (MRQ)
Rio Tinto (RIO) at 2.56 is valued about in line with its industry on P/B ratio, while Freeport-McMoRan (FCX) at 5.19 carries an above-peer premium to book — FCX is pricier on assets.
FCX
Materials industry group
5.19
- Max
- 8.50
- FCX
- 5.19
- Q3
- 4.34
- Median
- 2.61
- Q1
- 1.48
- Min
- -0.31
RIO
Materials industry group
2.56
- Max
- 8.50
- Q3
- 4.34
- Median
- 2.61
- RIO
- 2.56
- Q1
- 1.48
- Min
- -0.31
Valuation Metrics
| Metric | FCX | RIO |
|---|---|---|
| P/E Ratio (TTM) | 35.65 | 13.99 |
| P/S Ratio (TTM) | 4.04 | 2.72 |
| P/B Ratio (MRQ) | 5.19 | 2.56 |
| Free Cash Flow Yield (TTM) | 2.07% | 2.14% |