Freeport-McMoRan (FCX)财务
NYSE · Basic Materials · Copper · 员工29,000人 · CEO Kathleen L. Quirk
- 股价
- $62.45 -5.58%
- 市值
- $898亿
- 企业价值
- $958亿
- 最近财报
- Q3 '26 2026-10-27提交
- 下次财报
- 2027-01-28 EPS预期 $1.03
营收(TTM)$264亿+1.7% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)27.6%+1.3 百分点 对比去年同期营业利润 $73亿
净利润(TTM)$34.5亿+66.7% 对比去年同期税后,含营业外收益
自由现金流(TTM)$61.3亿+51.1% 对比去年同期资本支出 $1.03亿
稀释EPS(TTM)$2.38+66.4% 对比去年同期最近4个季度之和
净现金-$60.2亿-26.8% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $898亿 EV $958亿
- 营收
- $264亿 过去12个月
- 营收增速
- +16% FY2026年一致预期
- 净利润率
- 13.0% 净利润 / 营收,TTM
- P/E
- 26.2× 预期 19.7×(FY2026)
- P/S
- 3.4× 股价 / 营收,TTM
- EV / EBITDA
- 10.4× TTM
- 自由现金流
- $61.3亿 过去12个月
- 净利润
- $34.5亿 过去12个月
- 营收预期
- $299亿 FY2026年一致预期
- 盈利
- 2027-01-28 营收预期 $90亿
- 股息
- $0.60 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-27):营收超预期2.5%,EPS 超预期8.0%营收$75.5亿,预期$73.6亿(+2.5%);EPS $0.88,预期$0.82(+8.0%)。
- 营收增长加速:同比8.2%Q3 '26营收$75.5亿,此前四个季度的平均值为1.3%。
- 营业利润率27.6%(TTM),较去年同期+1.3 百分点营收增长1.7%,营业利润增长6.8%。
- 资本支出占营收的0.4%(去年为8.8%)最近4个季度投入$1.03亿(同比-95.5%)。自由现金流$61.3亿,相当于净利润的178.0%。
- 股东回报$1.99亿 = 自由现金流的3.2%回购$1.98亿(去年为$1.07亿),股息$100万,股权激励$1.78亿(TTM)。
- 稀释股数一年内减少0.1%Q3 '26稀释股数14.4亿,一年前为14.4亿。
- 净债务 $60.2亿现金 + 短期投资 $43.4亿,含租赁债务 $104亿;一年前净债务 $47.5亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $75.5亿 | $69.7亿 | +8.2% |
| 毛利率 | 33.8% | 29.9% | +3.8 百分点 |
| 营业利润 | $23.5亿 | $19.6亿 | +20.3% |
| 营业利润率 | 31.2% | 28.1% | +3.1 百分点 |
| 净利润 | $11.7亿 | $6.74亿 | +74.2% |
| 稀释EPS | $0.81 | $0.47 | +72.3% |
| 经营现金流 | $19.8亿 | $16.6亿 | +19.1% |
| 资本支出 | $11.6亿 | $10.6亿 | +9.8% |
| 自由现金流 | $8.22亿 | $6.08亿 | +35.2% |
| R&D | $5500万 | $0 | – |
| 股权激励费用 | $2800万 | $0 | – |
实际 vs 一致预期
2026-10-27| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $75.5亿 | $73.6亿 | +2.5% |
| EPS(一致预期口径) | $0.88 | $0.82 | +8.0% |
来自2026-10-27发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Copper Cathode | $26.5亿 | +21.8% | 39.6% | $86.5亿 | -30.9% | |
| Copper In Concentrates | $9.76亿 | -51.8% | 14.6% | $49.6亿 | -51.1% | |
| Gold | $6.4亿 | -65.1% | 9.6% | $29.2亿 | -56.7% | |
| Refined Copper Products | $15.3亿 | +58.2% | 22.9% | $55.3亿 | -4.4% | |
| Molybdenum | $7.28亿 | +52.0% | 10.9% | $23.9亿 | -7.4% | |
| Purchased Copper | $1.64亿 | -5.2% | 2.5% | $2.71亿 | -76.7% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| North America | $18.8亿 | – | 61.4% | – | – | |
| South America | $11.8亿 | – | 38.6% | – | – | |
| Grasberg Segment | – | – | – | – | – | |
| South America Mines Segment | – | – | – | – | – | |
| Other Mines South America Segment | – | – | – | – | – | |
| Cerro Verde South America Segment | – | – | – | – | – | |
| North America Copper Mines Segment | – | – | – | – | – | |
| Morenci North America Copper Mines Segment | – | – | – | – | – | |
| Other Mines North America Copper Mines Segment | – | – | – | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q2 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Molybdenum | – | – | – | – | – | – | – |
| Rod And Refining Segment | – | – | $2200万 | +214.3% | – | – | $5200万 |
| Atlantic Copper Smelting And Refining Segment | – | – | $2600万 | +100.0% | – | – | $4100万 |
| Corporate And Eliminations | – | – | – | – | – | – | – |
| Morenci | – | – | $2.65亿 | +100.8% | – | – | – |
| Cerro Verde | – | – | $7.36亿 | +116.5% | – | – | – |
| Grasberg Segment | – | – | $4.99亿 | -73.3% | – | – | – |
| Material Reconciling Items | – | – | $6.56亿 | +362.0% | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $62.4亿
- 资本支出
- -$1.03亿
- 股票回购
- -$1.98亿
- 股息
- -$100万
- 收购
- $0
- 债务净发行
- -$3亿
- 股权激励费用
- $1.78亿
- 自由现金流
- $61.3亿
- 股东回报 / FCF
- 3.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 26.2× | 25.1× | 14.2× – 33.3× |
| EV / EBITDA | 10.4× | 7.1× | 6.1× – 9.3× |
| EV / 营收 | 3.6× | 2.7× | 2.4× – 3.2× |
| 股价 / FCF | 14.6× | 53.4× | 10.9× – 134.2× |
| 股价 / 净资产 | 4.3× | 3.7× | 3.1× – 4.4× |
| FCF收益率 | 6.8% | 3.7% | 0.7% – 9.2% |
| 投入资本回报率 | 9.4% | 9.7% | 7.8% – 12.9% |
| 净资产收益率 | 17.3% | 17.3% | 10.7% – 30.8% |
分析师
一致目标价 $74.00 (+18.5%)
区间 $47.00 – $88.00 · 评级 Buy
强烈买入0
买入26
持有13
卖出2
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $299亿 | +16.2% | $3.17 | +108.4% | 19.7× | 9 |
| FY2027 | $364亿 | +21.7% | $4.27 | +34.7% | 14.6× | 14 |
| FY2028 | $384亿 | +5.4% | $4.73 | +10.9% | 13.2× | 9 |
| FY2029 | $423亿 | +10.3% | $4.87 | +2.9% | 12.8× | 3 |
| FY2030 | $419亿 | -1.0% | $2.80 | -42.5% | 22.3× | 3 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Freeport-McMoRan Inc.在近期10-Q / 10-K文件中标记的全部287项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $11亿 | $12.6亿 | -12.5% | – | – | – | |
| Accounts Payable and Accrued Liabilities, Current | $45.8亿 | $42.9亿 | +6.9% | $45.7亿 | $40.6亿 | +12.5% |
| Accounts Payable and Other Accrued Liabilities, Current | $1.51亿2025-12-31 | $1.08亿 | +39.8% | $1.51亿 | $1.08亿 | +39.8% |
| Accounts Payable, Current | $29.5亿2025-12-31 | $27.9亿 | +5.7% | $29.5亿 | $27.9亿 | +5.7% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $7.16亿 | $9.41亿 | -23.9% | $9.77亿 | $5.78亿 | +69.0% |
| Accrual for Environmental Loss Contingencies | $20.2亿2025-12-31 | $20.4亿 | -1.1% | $20.2亿 | $20.4亿 | -1.1% |
| Accrual for Environmental Loss Contingencies, Gross | $43亿2025-12-31 | $44亿 | -2.3% | $43亿 | $44亿 | -2.3% |
| Accrual for Environmental Loss Contingencies, Increase (Decrease) for Acquisitions and Divestitures | – | – | – | -$9100万 | $19亿 | -104.8% |
| Accrual for Environmental Loss Contingencies, Payments | – | – | – | $1.19亿 | $1.12亿 | +6.3% |
| Accrual for Environmental Loss Contingencies, Revision in Estimates | $8100万2025-09-30 | – | – | -$1400万2022-12-31 | -$2000万 | +30.0% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, after Year Five | $38亿2025-12-31 | $38亿 | 0.0% | $38亿 | $38亿 | 0.0% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Five | $6100万2025-12-31 | $7700万 | -20.8% | $6100万 | $7700万 | -20.8% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Four | $8600万2025-12-31 | $1.12亿 | -23.2% | $8600万 | $1.12亿 | -23.2% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year One | $1.25亿2025-12-31 | $1.31亿 | -4.6% | $1.25亿 | $1.31亿 | -4.6% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Three | $1.18亿2025-12-31 | $1.22亿 | -3.3% | $1.18亿 | $1.22亿 | -3.3% |
| Accrual for Environmental Loss Contingency, Undiscounted, to be Paid, Year Two | $1.2亿2025-12-31 | $1.11亿 | +8.1% | $1.2亿 | $1.11亿 | +8.1% |
| Accrual for Taxes Other than Income Taxes, Current | $7900万2025-12-31 | $8100万 | -2.5% | $7900万 | $8100万 | -2.5% |
| Accrued Environmental Loss Contingencies, Current | $1.25亿2025-12-31 | $1.31亿 | -4.6% | $1.25亿 | $1.31亿 | -4.6% |
| Accrued Environmental Loss Contingencies, Noncurrent | $18.9亿2025-12-31 | $19.1亿 | -0.8% | $18.9亿 | $19.1亿 | -0.8% |
| Accrued Income Taxes, Current | $5.09亿 | $3.89亿 | +30.8% | $4.56亿 | $8.59亿 | -46.9% |
| Accrued Salaries, Current | $3.82亿2025-12-31 | $3.61亿 | +5.8% | $3.82亿 | $3.61亿 | +5.8% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $257亿2025-12-31 | $238亿 | +7.8% | $257亿 | $238亿 | +7.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$3.03亿 | -$3.11亿 | +2.6% | -$3.05亿 | -$3.14亿 | +2.9% |
| Additional Paid in Capital | $237亿 | $236亿 | +0.1% | $237亿 | $238亿 | -0.5% |
| Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings | $4.83亿 | $7.29亿 | -33.7% | $21.4亿 | $27亿 | -20.7% |
| Administrative Fees Expense | – | – | – | $400万2024-12-31 | $5500万 | -92.7% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 0 | – | 1100万2019-12-31 | 100万 | +1,000.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1800万 | $1400万 | +28.6% | $6300万 | $5400万 | +16.7% |
| Asset Impairment Charges | – | – | – | $7300万 | – | – |
| Asset Retirement Obligation | $38.4亿2025-12-31 | $36.8亿 | +4.1% | $38.4亿 | $36.8亿 | +4.1% |
| Asset Retirement Obligation, Accretion Expense | – | – | – | $1.75亿 | $1.54亿 | +13.6% |
| Asset Retirement Obligation, Cash Paid to Settle | – | – | – | $1.26亿 | $1.22亿 | +3.3% |
| Asset Retirement Obligation, Current | $1.88亿2025-12-31 | $1.89亿 | -0.5% | $1.88亿 | $1.89亿 | -0.5% |
| Asset Retirement Obligation, Liabilities Incurred | – | – | – | $200万 | $1600万 | -87.5% |
| Asset Retirement Obligation, Revision of Estimate | – | – | – | $1.01亿 | $6.35亿 | -84.1% |
| Asset Retirement Obligations, Noncurrent | $36.5亿2025-12-31 | $35亿 | +4.4% | $36.5亿 | $35亿 | +4.4% |
| Assets | $597亿 | $565亿 | +5.7% | $582亿 | $548亿 | +6.1% |
| Assets, Current | $142亿 | $136亿 | +3.9% | $138亿 | $133亿 | +3.7% |
| Cash and Cash Equivalents, at Carrying Value | $40.8亿 | $44.9亿 | -9.1% | $38.2亿 | $39.2亿 | -2.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $44.9亿 | $48.2亿 | -6.9% | $41.7亿 | $49.1亿 | -15.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3.42亿 | -$1.24亿 | +375.8% | -$7.38亿 | -$11.5亿 | +35.9% |
| Common Stock, Dividends, Per Share, Declared | $0.15 | $0.15 | 0.0% | $0.60 | $0.60 | 0.0% |
| Common Stock, Par or Stated Value Per Share | $0.102025-12-31 | $0.10 | 0.0% | $0.10 | $0.10 | 0.0% |
| Common Stock, Shares Authorized | 30亿2025-12-31 | 30亿 | 0.0% | 30亿 | 30亿 | 0.0% |
| Common Stock, Shares, Issued | 16.3亿2025-12-31 | 16.2亿 | +0.2% | 16.3亿 | 16.2亿 | +0.2% |
| Common Stock, Value, Issued | $1.63亿 | $1.63亿 | 0.0% | $1.63亿 | $1.62亿 | +0.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $4.07亿 | $7.75亿 | -47.5% | $19.5亿 | $25.1亿 | -22.4% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $9.85亿 | $7.74亿 | +27.3% | $22.1亿 | $18.5亿 | +19.7% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $13.9亿 | $15.5亿 | -10.1% | $41.6亿 | $43.6亿 | -4.6% |
| Contract with Customer, Liability | $1.06亿2025-12-31 | $9100万 | +16.5% | $1.06亿 | $9100万 | +16.5% |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $42.1亿2025-09-30 | $40.8亿 | +3.1% | $156亿2024-12-31 | $136亿 | +14.1% |
| Cost of Revenue | $48.4亿 | $49.5亿 | -2.2% | $186亿 | $178亿 | +4.6% |
| Cost, Depreciation, Amortization and Depletion | $5.23亿 | $6.68亿 | -21.7% | $22.4亿 | $22.4亿 | +0.1% |
| Costs and Expenses | $50.3亿 | $51.5亿 | -2.4% | $194亿 | $186亿 | +4.3% |
| Credit Derivative, Maximum Exposure, Undiscounted | $8600万 | $1.07亿 | -19.6% | $2.89亿 | $2000万 | +1,345.0% |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | -$3600万 | +100.0% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $19.7亿 | $26.4亿 | -25.4% |
| Current Income Tax Expense (Benefit) | – | – | – | $19.7亿 | $26亿 | -24.1% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $600万 | $100万 | +500.0% |
| Debt Issuance Costs, Net | $4900万2025-12-31 | $5800万 | -15.5% | $4900万 | $5800万 | -15.5% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-01