Freeport-Mcmoran (FCX) Debt Ratio (2009 - 2026)
Freeport-Mcmoran (FCX) posted quarterly Debt Ratio of 0.16 for Q1 2026, down 4.69% year-over-year from 0.17 in Q1 2025, and down 5.47% quarter-over-quarter from 0.17 in Q4 2025.
Freeport-Mcmoran (FCX) Debt Ratio (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Debt Ratio for 18 consecutive years, with 0.16 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 4.69% year-over-year to 0.16; the TTM figure through Mar 2026 stood at 0.16 (down 4.69% YoY), while the FY2025 annual figure was 0.17, up 3.27% from the prior year.
- Debt Ratio fell to 0.16 in Q1 2026 per FCX's latest filing, from 0.17 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.24 in Q2 2022 and bottomed at 0.16 in Q1 2026.
- Historically, Debt Ratio has averaged 0.19 across 5 years, with a median of 0.19 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio rose 13.44% — and 2023, when it retreated 22.94%.
- Freeport-Mcmoran's Debt Ratio stood at 0.21 in 2022, then fell by 6.65% to 0.19 in 2023, then decreased by 15.54% to 0.16 in 2024, then grew by 3.27% to 0.17 in 2025, then retreated by 5.47% to 0.16 in 2026.
- Business Quant data shows FCX's Debt Ratio at 0.16 in Q1 2026, 0.17 in Q4 2025, and 0.16 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 160.03 Bn | 152.70 Bn | 2.90 Bn | 0.33 |
| 2 | Freeport-Mcmoran | 98.79 Bn | 94.71 Bn | 2.19 Bn | 0.18 |
| 3 | Hudbay Minerals | 10.99 Bn | 9.95 Bn | 269.00 Mn | - |
| 4 | Ero Copper | 3.74 Bn | 3.65 Bn | 105.91 Mn | 0.28 |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | - |
| 6 | Ivanhoe Electric | 1.75 Bn | 1.49 Bn | 368,000.00 | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.18 |
| Mar 31, 2026 | 0.16 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.21 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.23 |