Freeport-Mcmoran (FCX) Debt Ratio (2009 - 2026)
Freeport-Mcmoran's Debt Ratio was 0.16 in Q2 2026, down 4.0% from 0.16 a year earlier and down 1.8% from the prior quarter.
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Analysis
Freeport-Mcmoran (FCX) Debt Ratio (2009 - 2026) Analysis & Trends
From Q1 2009 onward, Freeport-Mcmoran has reported Debt Ratio for 70 quarters.
- Debt Ratio has now declined for three consecutive years.
- In earlier years, Debt Ratio was 0.16 in FY2024 (-9.1%), 0.18 in FY2023 (-13.7%), 0.21 in FY2022 (+5.6%) and 0.20 in FY2021 (-14.6%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q4 2012.
- Compared with a year earlier, Debt Ratio has declined for 14 straight quarters, with an average decline of 4.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2022 (growth of 5.6%); the worst was Q2 2023 (a decline of 15.7%).
- Per Business Quant data, FCX's Debt Ratio in the three quarters before Q2 2026 was 0.16 (Q1 2026), 0.16 (Q4 2025) and 0.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 0.16 |
| 2 | Southern Copper | 170.09 Bn | 148.88 Bn | 2.90 Bn | 0.33 |
| 3 | Rio Tinto | 143.33 Bn | 103.83 Bn | - | - |
| 4 | Newmont | 125.24 Bn | 93.25 Bn | 4.03 Bn | 0.09 |
| 5 | Freeport-Mcmoran | 100.00 Bn | 84.04 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 94.17 Bn | 83.80 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 69.52 Bn | 44.72 Bn | 2.90 Bn | 0.09 |
| 8 | Nucor | 59.71 Bn | 49.09 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 48.34 Bn | 27.37 Bn | - | 0.16 |
| 10 | AngloGold Ashanti | 46.55 Bn | 34.44 Bn | 1.70 Bn | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| Mar 31, 2026 | 0.16 |
| Dec 31, 2025 | 0.16 |
| 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 | 0.17 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 0.18 |
| 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 | 0.22 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.21 |
API Access
Freeport-Mcmoran Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();