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Asset turnover at other companies

Southern Copper logo
Southern CopperSCCO
0.7×0.0×
Newmont logo
NewmontNEM
0.4×+0.1×
Coeur Mining logo
Coeur MiningCDE
0.3×-0.1×
Nucor logo
NucorNUE
+0.1×
Royal Gold logo
Royal GoldRGLD
0.2×0.0×
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
0.3×0.0×

Other financials

Income statement

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Revenue$6.2B+8.8%
Gross profit$1.7B+9.9%
Operating income$2.1B+64.0%
Net income$1.4B+74.9%
EPS (diluted)$0.61+154%

Balance sheet

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Cash & equivalents$4.1B-16.2%
Total debt$10.4B+10.6%
Total equity$19.5B+10.3%
Total assets$58.8B+5.0%

Cash flow

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Operating cash flow$1.5B+41.3%
CapEx$973.0M-17.0%
Free cash flow$522.0M+558%

Valuation

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Market cap$98.73B+55.3%
Enterprise value$104.98B+54.1%
P/E20.8×+5.0×
P/S3.7×+1.2×

Profitability

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Gross margin28.2%-1.1pp
Operating margin27.8%+1.5pp
Net margin18%+1.8pp

Returns & leverage

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Return on equity25.5%+2.3pp
Debt / equity0.5×0.0×
Current ratio2.4×+0.1×

Where this comes from

Calculated from Freeport-McMoRan Inc.’s reported figures.

Based on trailing twelve months.

The official record: Freeport-McMoRan Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freeport-McMoRan Inc.'s asset turnover?
Freeport-McMoRan Inc. (FCX) reported asset turnover of 0.5× in Q1 2026.
How has Freeport-McMoRan Inc.'s asset turnover changed year-over-year?
Freeport-McMoRan Inc.'s asset turnover increased by 2.0% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for Freeport-McMoRan Inc.'s asset turnover?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s asset turnover has grown at a 0.3% compound annual growth rate (CAGR), from 1.8× to 1.8×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.