FCX vs HBM

Freeport-McMoRan and Hudbay Minerals Inc., both Basic Materials

Freeport-McMoRan is the larger company at $99B against $11B. Over the past year HBM returned +220% against +100% for FCX.

Freeport-McMoRan and Hudbay Minerals Inc.compared on valuation, return and Ryufin’s Smart Score
FigureFCXHBM
Last close$78.97$29.98
Market cap$99B$11B
Trailing P/Elower is cheaper for the same earnings, not automatically bettern/a20.8
Dividend yield0.8%n/a
1-year return+100%+220%
5-year return+122%+335%
Ryufin Smart Scoresector-relative, 1–108/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Freeport-McMoRan

Revenue of $7.0B in Q2 2026, net income $1.4B. Its largest reported line is Copper Cathode, 32% of the disclosed total.

Hudbay Minerals Inc.

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