FCX vs NEM
Freeport-mcmoran Inc. and Newmont Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | FCX | NEM |
|---|---|---|
| Revenue | $25.9B | $22.7B |
| Net income | $4.2B | $7.1B |
| Gross margin | 28.2% | 64.3% |
| Net margin | 16.0% | 31.6% |
| Return on equity | · | 22.2% |
| Diluted EPS | · | $6.39 |
| Dividend / share | $0.60 | $1.00 |
| Payout ratio | · | 15.6% |
| Free cash flow | $1.1B | $7.3B |
| Equity | $18.9B | $33.9B |
| Net debt / equity | 0.29× | −0.07× |
| Current ratio | 2.29× | 2.29× |
| Revenue CAGR 5y | 12.8% | 14.5% |
| Profit CAGR 5y | 36.9% | 20.2% |
FCX and NEM book revenue within 15% of each other, and NEM keeps more of each dollar of revenue as profit (31.6% against 16.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | FCX | NEM |
|---|---|---|
| FY2025 | $25.9B | $22.7B |
| FY2024 | $25.5B | $18.7B |
| FY2023 | $22.9B | $11.8B |
| FY2022 | $23.3B | $11.9B |
| FY2021 | $22.8B | $12.2B |
| FY2020 | $14.2B | $11.5B |
| FY2019 | $14.4B | $9.7B |
| FY2018 | $18.9B | $7.3B |
| FY2017 | $16.4B | $7.4B |
| FY2016 | $14.8B | $6.7B |
Bottom line
| Fiscal year | FCX | NEM |
|---|---|---|
| FY2025 | $4.2B | $7.1B |
| FY2024 | $4.4B | $3.3B |
| FY2023 | $3.8B | $-2.5B |
| FY2022 | $4.5B | $-429.0M |
| FY2021 | $5.4B | $1.2B |
| FY2020 | $865.0M | $2.8B |
| FY2019 | $-189.0M | $2.8B |
| FY2018 | $2.9B | $341.0M |
| FY2017 | $2.1B | $-114.0M |
| FY2016 | $-4.0B | $-629.0M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$3,246,000,000 | FCX |
| FY2024 | +$6,773,000,000 | FCX |
| FY2023 | +$11,043,000,000 | FCX |
| FY2022 | +$11,356,000,000 | FCX |
| FY2021 | +$10,623,000,000 | FCX |
| FY2020 | +$2,701,000,000 | FCX |
| FY2019 | +$4,662,000,000 | FCX |
| FY2018 | +$11,692,000,000 | FCX |
| FY2017 | +$9,024,000,000 | FCX |
| FY2016 | +$8,150,000,000 | FCX |
| FY2015 | +$8,522,000,000 | FCX |
| FY2014 | +$13,182,000,000 | FCX |
| FY2013 | +$12,507,000,000 | FCX |
| FY2012 | +$8,046,000,000 | FCX |
FCX has reported the higher revenue in every one of these 14 fiscal years. The gap has narrowed since the earliest year compared.
14 of 15 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −15.6 pp | NEM |
| FY2024 | −0.8 pp | NEM |
| FY2023 | +37.3 pp | FCX |
| FY2022 | +22.3 pp | FCX |
| FY2021 | +21.6 pp | FCX |
| FY2020 | −18.2 pp | NEM |
| FY2019 | −30.9 pp | NEM |
| FY2018 | +10.0 pp | FCX |
| FY2017 | +14.2 pp | FCX |
| FY2016 | −13.0 pp | NEM |
| FY2015 | −87.8 pp | NEM |
| FY2014 | −8.5 pp | NEM |
| FY2013 | +49.7 pp | FCX |
| FY2012 | +0.9 pp | FCX |
The higher net margin has changed hands between FCX and NEM over this period.
14 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FCX's net margin has been more volatile than NEM's over the 14 comparable fiscal years — 27.2 percentage points of standard deviation against 18.4.
14 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between FCX and NEM over these 14 fiscal years — FCX led in 7 and NEM in 7.
14 of 15 comparable fiscal years — a year missing data on either side is not counted.