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Stock Comparison · Structural lead, mixed market

Freeport-McMoRan vs Rio Tinto: Which Stock Looks Stronger in 2026?

Rio Tinto holds the cleaner structural position, with stability as the main driver and growth adding further support. Freeport-McMoRan still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (FCX: S&P 500, RIO.L: STOXX 600).

Updated 2026-05-17

Most of the lead runs through stability, while growth acts as a real counterweight. The overall score gap is 11 points in favour of Rio Tinto Group.

Trajectory Similarity
0.77
Similar
Peer-set rank: #1
within Freeport-McMoRan Inc.'s functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

Most of the shared profile comes through revenue stability and investment intensity.

Similarity drivers
revenue stabilityinvestment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
FCX
Freeport-McMoRan Inc.
56
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
RIO.L
Rio Tinto Group
67
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: FCX vs RIO.L Profitability 73 83 Stability 22 57 Valuation 53 75 Growth 69 41 FCX RIO.L
Gap Ranking
#1 Stability +35
#2 Growth +28
#3 Valuation +22
#4 Profitability +10
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for FCX and RIO.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer FCXRIO.L Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward Rio Tinto Group.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Stability
On stability, Rio Tinto Group is positioned higher in the group, while Freeport-McMoRan Inc. is closer to the middle.
Growth
Both rank well on growth, but Freeport-McMoRan Inc. still holds a clear edge.
Stability — Dominant Gap
FCX
22
RIO.L
57
Gap+35in favour of RIO.L

The stability gap is wide, with the stronger side looking materially steadier through time.

What keeps the gap from being one-sided

Earnings growth also leans toward FCX, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

The stability edge is decisive, even though current pricing and growth still lean somewhat toward Freeport-McMoRan Inc..

Explore full peer positioning in AssetNext

Break down the FCX vs RIO.L comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how FCX and RIO.L each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.