April 10, 2026 a 02:46 am
FCX: Dividend Analysis - Freeport-McMoRan Inc.
Freeport-McMoRan Inc. offers a relatively low dividend yield of 0.90%, but boasts a solid dividend history of 25 years without recent cuts or suspensions. This makes it a potentially stable income candidate, despite the modest appreciation in dividend growth over the last five years.
📊 Overview
Freeport-McMoRan Inc. operates in the Commodity sector, currently yielding 0.90%, with a dividend history spanning 25 years. Such a lengthy history suggests a commitment to returning value to shareholders, even though recent growth has been slow.
| Category | Detail |
|---|---|
| Sector | Commodity |
| Dividend Yield | 0.90% |
| Current Dividend per Share | 0.60 USD |
| Dividend History | 25 years |
| Last Cut or Suspension | None |
🗣️ Dividend History
The reliability of a company's dividend history is vital for income-focused investors. Freeport-McMoRan has consistently paid dividends, which is a positive indicator of financial health and management commitment to shareholder returns.
| Year | Dividend per Share (USD) |
|---|---|
| 2026 | 0.30 |
| 2025 | 0.60 |
| 2024 | 0.60 |
| 2023 | 0.60 |
| 2022 | 0.60 |
📈 Dividend Growth
Assessing the growth of dividends over time provides insights into a company's future prospects and its ability to increase shareholder value. With nearly stagnant growth over the last 3 years and moderate 5-year growth, future prospects may rely on broader strategic shifts.
| Time | Growth |
|---|---|
| 3 years | 0% |
| 5 years | 0.64% |
The average dividend growth is 0.64% over 5 years. This shows moderate but steady dividend growth.
📉 Payout Ratio
The payout ratio indicates the proportion of earnings paid as dividends, offering insights into sustainability. An EPS-based payout ratio of 39.35% is healthy, suggesting dividends are well-covered by earnings. The FCF-based ratio of 15.36% is conservative, indicating robust cash flow support.
| Key Figure | Ratio |
|---|---|
| EPS-based | 39.35% |
| Free cash flow-based | 15.36% |
✅ Cashflow & Capital Efficiency
Examining cash flow stability and capital efficiency elucidates how well a company manages its financial resources. For Freeport-McMoRan, the free cash flow holds significant importance as it fuels growth and dividends.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Free Cash Flow Yield | 0.75% | 4.27% | 1.52% |
| Earnings Yield | 3.02% | 3.42% | 3.01% |
| CAPEX to Operating Cash Flow | 91.38% | 67.15% | 80.11% |
| Stock-based Compensation to Revenue | 0.48% | 0.42% | 0.00% |
| Free Cash Flow / Operating Cash Flow Ratio | 8.61% | 32.85% | 19.89% |
The company's operational efficiency appears satisfactory with a careful balance between expenditures and revenue. However, the fluctuations in free cash flow metrics require close monitoring.
⚠️ Balance Sheet & Leverage Analysis
A strong balance sheet and manageable leverage are critical for financial health and borrowing power.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Debt-to-Equity | 0.61 | 0.55 | 0.61 |
| Debt-to-Assets | 19.43% | 17.75% | 19.77% |
| Debt-to-Capital | 37.93% | 35.64% | 37.83% |
| Net Debt to EBITDA | 0.53 | 0.61 | 0.93 |
| Current Ratio | 2.42 | 2.42 | 2.29 |
| Quick Ratio | 1.38 | 1.18 | 1.05 |
| Financial Leverage | 3.15 | 3.12 | 3.07 |
The company's financial leverage indicates enough equity cushion, yet tighter management of the debt load could enhance stability.
🏦 Fundamental Strength & Profitability
Analyzing return metrics and profit margins reveals the competitive position and operational success of a company.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Return on Equity | 11.03% | 10.71% | 11.66% |
| Return on Assets | 3.51% | 3.43% | 3.79% |
| Net Profit Margin | 8.11% | 7.40% | 8.56% |
| EBIT Margin | 28.72% | 28.39% | 25.30% |
| EBITDA Margin | 37.83% | 37.19% | 34.02% |
| Gross Margin | 30.30% | 29.48% | 26.98% |
| R&D to Revenue | 0.00% | 0.00% | 0.00% |
The company's robust return on equity and consistent margins highlight a strong profitability stance in its sector.
📊 Price Development
🧮 Dividend Scoring System
| Category | Score | |
|---|---|---|
| Dividend Yield | 2 | |
| Dividend Stability | 4 | |
| Dividend Growth | 2 | |
| Payout Ratio | 4 | |
| Financial Stability | 3 | |
| Dividend Continuity | 5 | |
| Cashflow Coverage | 3 | |
| Balance Sheet Quality | 3 |
Total Score: 26/40
🛑 Rating
Freeport-McMoRan Inc. maintains a solid footing in its sector, exemplified by a stable dividend history and conservative payout ratios. However, potential investors seeking substantial growth should carefully weigh its low yield and modest growth outlook. Overall, it offers a stable, if unspectacular, income prospect within a robustly performing sector.
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