Freeport-McMoRan (FCX) vs MP Materials (MP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Freeport-McMoRan (FCX) has outperformed MP Materials (MP) over the past year, gaining 76.6% versus a loss of 37.2%. Over five years, FCX leads with a +86.0% price change compared with +36.3% for MP. Freeport-McMoRan is the larger company by market cap ($103.19 billion vs $8.25 billion), about 12.5 times the size, while MP Materials is growing revenue faster (+10.1% vs +1.8%).
On valuation, Freeport-McMoRan trades at a lower forward P/E (16.7x vs 56.3x for MP Materials). Freeport-McMoRan pays a dividend yielding 0.83%, while MP Materials does not currently pay one. Freeport-McMoRan converts more of its revenue into profit, with a net margin of 16.0% versus -38.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FCX | MP |
|---|---|---|
| Share price | $71.86 | $46.31 |
| Market cap | $103.19B | $8.25B |
| 1-day change | -0.96% | -4.57% |
| YTD return | +41.48% | -8.33% |
| 1-year return | +76.60% | -37.22% |
| 5-year return | +85.97% | +36.29% |
| P/E ratio (TTM) | 35.40 | — |
| Forward P/E | 16.74 | 56.27 |
| EPS (TTM) | $2.03 | $-0.33 |
| Dividend yield | 0.83% | 0.00% |
| Annual dividend | $0.60 | $0.00 |
| Revenue (latest FY) | $25.91B | $224.44M |
| Revenue growth (YoY) | +1.81% | +10.10% |
| Net income (latest FY) | $4.15B | $-85.87M |
| Gross margin | 28.16% | 14.10% |
| Operating margin | 25.15% | -66.55% |
| Net margin | 16.02% | -38.26% |
| 52-week high | $80.24 | $100.25 |
| 52-week low | $38.54 | $37.81 |
| Distance from 52-week high | -10.44% | -53.81% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +6.65% | +57.63% |
| Average volume | 13.40M | 5.85M |
| Shares outstanding | 1.44B | 178.10M |
| Employees | 29,000 | 998 |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Freeport-McMoRan is about 12.5 times larger than MP Materials by market value ($103.19B vs $8.25B).
- FCX has outperformed MP by 113.8 percentage points over the past year.
- Freeport-McMoRan is more profitable, keeping 16.0 cents of every revenue dollar as net income versus -38.3 cents for MP Materials.
- MP Materials grew revenue faster in its latest fiscal year (+10.10% vs +1.81%).
About Freeport-McMoRan
FCX stock →Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia.
Basic Materials · Metal Mining · 29,000 employees
About MP Materials
MP stock →MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics.
Basic Materials · Metal Mining · 998 employees
FCX vs MP FAQ
Which is bigger, Freeport-McMoRan or MP Materials?
Freeport-McMoRan (FCX) is larger, with a market capitalization of $103.19B compared with $8.25B for MP Materials (MP).
Which stock has performed better over the past year, FCX or MP?
FCX returned +76.60% over the past 12 months, compared with -37.22% for MP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Freeport-McMoRan or MP Materials?
Freeport-McMoRan pays a dividend yielding 0.83%, while MP Materials does not currently pay a regular dividend.
Are Freeport-McMoRan and MP Materials in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.