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CENX vs FCX
Revenue, margins, valuation, and 5-year total return — side by side.
Copper
CENX vs FCX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Aluminum | Copper |
| Market Cap | $5.85B | $87.51B |
| Revenue (TTM) | $2.53B | $26.42B |
| Net Income (TTM) | $85M | $2.73B |
| Gross Margin | 9.5% | 27.8% |
| Operating Margin | 6.9% | 27.8% |
| Forward P/E | 6.0x | 22.5x |
| Total Debt | $519M | $11.50B |
| Cash & Equiv. | $33M | $3.35B |
CENX vs FCX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Century Aluminum Co… (CENX) | 100 | 1050.7 | +950.7% |
| Freeport-McMoRan In… (FCX) | 100 | 671.3 | +571.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CENX vs FCX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CENX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 1.74
- Rev growth 1.6%, EPS growth 8.0%, 3Y rev CAGR 0.1%
- 7.2% 10Y total return vs FCX's 444.7%
FCX is the clearest fit if your priority is quality and dividends.
- 10.3% margin vs CENX's 3.4%
- 1.0% yield; 5-year raise streak; the other pay no meaningful dividend
- 4.7% ROA vs CENX's 4.0%, ROIC 12.8% vs 9.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 1.6% revenue growth vs FCX's 1.1% | |
| Value | Lower P/E (6.0x vs 22.5x) | |
| Quality / Margins | 10.3% margin vs CENX's 3.4% | |
| Stability / Safety | Beta 1.74 vs FCX's 1.79 | |
| Dividends | 1.0% yield; 5-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +280.7% vs FCX's +62.2% | |
| Efficiency (ROA) | 4.7% ROA vs CENX's 4.0%, ROIC 12.8% vs 9.7% |
CENX vs FCX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CENX vs FCX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
FCX leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FCX is the larger business by revenue, generating $26.4B annually — 10.5x CENX's $2.5B. FCX is the more profitable business, keeping 10.3% of every revenue dollar as net income compared to CENX's 3.4%. On growth, CENX holds the edge at +17.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.5B | $26.4B |
| EBITDAEarnings before interest/tax | $253M | $9.6B |
| Net IncomeAfter-tax profit | $85M | $2.7B |
| Free Cash FlowCash after capex | -$38M | $6.2B |
| Gross MarginGross profit ÷ Revenue | +9.5% | +27.8% |
| Operating MarginEBIT ÷ Revenue | +6.9% | +27.8% |
| Net MarginNet income ÷ Revenue | +3.4% | +10.3% |
| FCF MarginFCF ÷ Revenue | -1.5% | +23.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +17.3% | +12.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -69.6% | +154.2% |
Valuation Metrics
CENX leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 19.0x trailing earnings, CENX trades at a 52% valuation discount to FCX's 40.1x P/E. On an enterprise value basis, FCX's 11.2x EV/EBITDA is more attractive than CENX's 31.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $5.8B | $87.5B |
| Enterprise ValueMkt cap + debt − cash | $6.3B | $95.7B |
| Trailing P/EPrice ÷ TTM EPS | 19.03x | 40.06x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.00x | 22.51x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.34x |
| EV / EBITDAEnterprise value multiple | 31.16x | 11.21x |
| Price / SalesMarket cap ÷ Revenue | 2.63x | 3.40x |
| Price / BookPrice ÷ Book value/share | 9.30x | 2.86x |
| Price / FCFMarket cap ÷ FCF | — | 78.41x |
Profitability & Efficiency
FCX leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
CENX delivers a 12.2% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $9 for FCX. FCX carries lower financial leverage with a 0.37x debt-to-equity ratio, signaling a more conservative balance sheet compared to CENX's 0.78x. On the Piotroski fundamental quality scale (0–9), FCX scores 5/9 vs CENX's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +12.2% | +8.9% |
| ROA (TTM)Return on assets | +4.0% | +4.7% |
| ROICReturn on invested capital | +9.7% | +12.8% |
| ROCEReturn on capital employed | +9.5% | +12.4% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.78x | 0.37x |
| Net DebtTotal debt minus cash | $486M | $8.1B |
| Cash & Equiv.Liquid assets | $33M | $3.4B |
| Total DebtShort + long-term debt | $519M | $11.5B |
| Interest CoverageEBIT ÷ Interest expense | 2.48x | 17.68x |
Total Returns (Dividends Reinvested)
CENX leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CENX five years ago would be worth $41,103 today (with dividends reinvested), compared to $15,151 for FCX. Over the past 12 months, CENX leads with a +280.7% total return vs FCX's +62.2%. The 3-year compound annual growth rate (CAGR) favors CENX at 94.9% vs FCX's 19.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +53.0% | +17.8% |
| 1-Year ReturnPast 12 months | +280.7% | +62.2% |
| 3-Year ReturnCumulative with dividends | +640.2% | +71.5% |
| 5-Year ReturnCumulative with dividends | +311.0% | +51.5% |
| 10-Year ReturnCumulative with dividends | +718.6% | +444.7% |
| CAGR (3Y)Annualised 3-year return | +94.9% | +19.7% |
Risk & Volatility
CENX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
CENX is the less volatile stock with a 1.74 beta — it tends to amplify market swings less than FCX's 1.79 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CENX currently trades 91.2% from its 52-week high vs FCX's 85.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.74x | 1.79x |
| 52-Week HighHighest price in past year | $68.69 | $70.97 |
| 52-Week LowLowest price in past year | $14.77 | $35.15 |
| % of 52W HighCurrent price vs 52-week peak | +91.2% | +85.8% |
| RSI (14)Momentum oscillator 0–100 | 55.6 | 41.5 |
| Avg Volume (50D)Average daily shares traded | 2.0M | 15.4M |
Analyst Outlook
FCX leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates CENX as "Hold" and FCX as "Buy". Consensus price targets imply 21.4% upside for CENX (target: $76) vs 10.0% for FCX (target: $67). FCX is the only dividend payer here at 0.98% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $76.00 | $67.00 |
| # AnalystsCovering analysts | 22 | 41 |
| Dividend YieldAnnual dividend ÷ price | — | +1.0% |
| Dividend StreakConsecutive years of raises | 1 | 5 |
| Dividend / ShareAnnual DPS | — | $0.60 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% |
FCX leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CENX leads in 3 (Valuation Metrics, Total Returns).
CENX vs FCX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CENX or FCX a better buy right now?
For growth investors, Century Aluminum Company (CENX) is the stronger pick with 1.
6% revenue growth year-over-year, versus 1. 1% for Freeport-McMoRan Inc. (FCX). Century Aluminum Company (CENX) offers the better valuation at 19. 0x trailing P/E (6. 0x forward), making it the more compelling value choice. Analysts rate Freeport-McMoRan Inc. (FCX) a "Buy" — based on 41 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CENX or FCX?
On trailing P/E, Century Aluminum Company (CENX) is the cheapest at 19.
0x versus Freeport-McMoRan Inc. at 40. 1x. On forward P/E, Century Aluminum Company is actually cheaper at 6. 0x.
03Which is the better long-term investment — CENX or FCX?
Over the past 5 years, Century Aluminum Company (CENX) delivered a total return of +311.
0%, compared to +51. 5% for Freeport-McMoRan Inc. (FCX). Over 10 years, the gap is even starker: CENX returned +718. 6% versus FCX's +444. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CENX or FCX?
By beta (market sensitivity over 5 years), Century Aluminum Company (CENX) is the lower-risk stock at 1.
74β versus Freeport-McMoRan Inc. 's 1. 79β — meaning FCX is approximately 3% more volatile than CENX relative to the S&P 500. On balance sheet safety, Freeport-McMoRan Inc. (FCX) carries a lower debt/equity ratio of 37% versus 78% for Century Aluminum Company — giving it more financial flexibility in a downturn.
05Which is growing faster — CENX or FCX?
By revenue growth (latest reported year), Century Aluminum Company (CENX) is pulling ahead at 1.
6% versus 1. 1% for Freeport-McMoRan Inc. (FCX). On earnings-per-share growth, the picture is similar: Century Aluminum Company grew EPS 800. 0% year-over-year, compared to 16. 9% for Freeport-McMoRan Inc.. Over a 3-year CAGR, FCX leads at 3. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CENX or FCX?
Century Aluminum Company (CENX) is the more profitable company, earning 15.
2% net margin versus 8. 6% for Freeport-McMoRan Inc. — meaning it keeps 15. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FCX leads at 24. 4% versus 5. 5% for CENX. At the gross margin level — before operating expenses — FCX leads at 27. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CENX or FCX more undervalued right now?
On forward earnings alone, Century Aluminum Company (CENX) trades at 6.
0x forward P/E versus 22. 5x for Freeport-McMoRan Inc. — 16. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CENX: 21. 4% to $76. 00.
08Which pays a better dividend — CENX or FCX?
In this comparison, FCX (1.
0% yield) pays a dividend. CENX does not pay a meaningful dividend and should not be held primarily for income.
09Is CENX or FCX better for a retirement portfolio?
For long-horizon retirement investors, Freeport-McMoRan Inc.
(FCX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (1. 0% yield, +444. 7% 10Y return). Century Aluminum Company (CENX) carries a higher beta of 1. 74 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (FCX: +444. 7%, CENX: +718. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CENX and FCX?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
FCX pays a dividend while CENX does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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