FCX vs NEM

Freeport-McMoRan (FCX) and Newmont (NEM) compared side by side. Newmont (NEM) is larger, with a market cap of $113.1B versus $93.6B for Freeport-McMoRan, about 1.2 times the size. On trailing earnings, NEM is cheaper at 12.6x versus 32.1x for FCX.

Head to head

MetricFCXNEM
Market cap$93.6B$113.1B
P/E (TTM)32.1x12.6x
Forward P/E15.0x10.8x
Revenue (TTM)$25.9B$26.6B
Revenue growth-7.3%15.2%
Gross margin38.3%68.0%
Operating margin33.4%50.0%
Free cash flow$1.8B$9.7B
Dividend yield0.92%0.96%
1-year return+59.6%+23.6%
5-year return (annual)+13.1%+16.7%
Max drawdown-92%-78%
FI Handbook gradeCB

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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$20.0K
20222023202420252026
FCXNEM

FCX vs NEM FAQ

Which is bigger, FCX or NEM?

Newmont (NEM) is larger, with a market cap of $113.1B versus $93.6B for Freeport-McMoRan, about 1.2 times the size.

Is FCX or NEM cheaper?

On trailing earnings, NEM is cheaper at 12.6x versus 32.1x for FCX. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, FCX or NEM?

FCX returned +59.6% over the past year including dividends, versus +23.6% for NEM, through October 23, 2026.

Which pays a higher dividend, FCX or NEM?

NEM yields 0.96% versus 0.92% for FCX.

Full pages: Freeport-McMoRan · Newmont