Acerinox vs Freeport-McMoRan (ACX vs FCX)
Acerinox (ACX) vs Freeport-McMoRan (FCX) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Acerinox (ACX) and Freeport-McMoRan (FCX) compete in materials and chemicals. Here are Acerinox and Freeport-McMoRan side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Acerinox or Freeport-McMoRan.
Acerinox vs Freeport-McMoRan: the figures
| Figure | Acerinox | Freeport-McMoRan |
|---|---|---|
| Share price | €15.82 (November 4, 2026) | $62.60 (November 4, 2026) |
| Market cap | €3.9 billion | $89.9 billion |
| P/E (TTM) | 29.8x | 26.3x |
| Forward P/E | 10.2x | 14.6x |
| Revenue growth (quarter) | +12.4% | +8.2% |
| Net margin (TTM) | 2.0% | 13.0% |
| Net debt / EBITDA | 3.2x | 0.6x |
| Dividend yield | 3.98% | 0.97% |
| Beta | 1.01 | 1.37 |
Acerinox and Freeport-McMoRan figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Acerinox or Freeport-McMoRan figure is not available, and we never estimate it.
3 key differences between Acerinox and Freeport-McMoRan
- Dividend: Acerinox yields 3.98% at today's price and Freeport-McMoRan yields 0.97%.
- Profitability: for every 100 of sales, Freeport-McMoRan keeps 13.0 as net profit and Acerinox keeps 2.0.
- Debt: Acerinox owes 3.2x its annual operating profit (EBITDA), while Freeport-McMoRan owes 0.6x its EBITDA.
Acerinox or Freeport-McMoRan: which fits your profile
- If you want growth: Acerinox is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Acerinox pays the higher dividend relative to its price.
- If you prefer caution: Freeport-McMoRan has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Freeport-McMoRan trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Acerinox nor Freeport-McMoRan wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Acerinox and Freeport-McMoRan make money
Acerinox (ACX)
Acerinox makes stainless steel, its main business, at plants in Spain, the US through North American Stainless, South Africa through Columbus and Malaysia through Bahru. Its second division produces high-performance alloys through VDM Metals and Haynes International for aerospace, chemical and energy customers. The United States is its largest market. Full Acerinox analysis.
Freeport-McMoRan (FCX)
Freeport-McMoRan mines copper, its main product, along with gold and molybdenum. Its major operations include Grasberg in Indonesia, Cerro Verde in Peru and several mines in North America, and it reports results by mine or region. It sells copper concentrate and cathode to smelters and manufacturers worldwide. Full Freeport-McMoRan analysis.
Frequently asked questions: Acerinox vs Freeport-McMoRan
Is Acerinox or Freeport-McMoRan the better stock?
Choosing between Acerinox and Freeport-McMoRan depends on what you are looking for. Acerinox is growing faster right now, and Freeport-McMoRan trades on the lower P/E. Fintols does not tell you whether to buy Acerinox or Freeport-McMoRan: it shows you the differences so you can decide.
Which pays a higher dividend, Acerinox or Freeport-McMoRan?
As of November 4, 2026, Acerinox yields 3.98% and Freeport-McMoRan yields 0.97%. Also check how much of their profit Acerinox and Freeport-McMoRan pay out: if it is more than they earn, it cannot last.
Which is more expensive, Acerinox or Freeport-McMoRan?
On P/E, Acerinox (29.8x) is more expensive than Freeport-McMoRan (26.3x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Acerinox and Freeport-McMoRan?
Yes. Many people spread their money across several companies, such as Acerinox and Freeport-McMoRan, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Acerinox or Freeport-McMoRan.
More comparisons with Acerinox or Freeport-McMoRan
More companies like Acerinox and Freeport-McMoRan: materials and chemicals stocks. Educational content about Acerinox and Freeport-McMoRan, not investment advice.