Freeport-Mcmoran (FCX) Debt to Equity (2009 - 2026)

Freeport-Mcmoran (FCX) reported Debt to Equity of $0.48 for Q1 2026, up 49.94% year-over-year from $0.32 in Q1 2025, and up 58.32% quarter-over-quarter from $0.3 in Q4 2025.

Freeport-Mcmoran (FCX) Debt to Equity (2009 - 2026) Analysis & Trends

Freeport-Mcmoran (FCX) has 18 years of Debt to Equity data on file, last reported at $0.48 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.48, up 49.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.48 (up 49.94% YoY), and the FY2025 annual result was $0.3, down 1.96% from the prior year.
  • Debt to Equity advanced to $0.48 in Q1 2026 per FCX's latest filing, from $0.3 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.5 in Q3 2025 and troughed at $0.3 in Q4 2025.
  • A 5-year average of $0.38 and a median of $0.35 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2023 and 2026: Debt to Equity decreased 20.91% in 2023, then surged 49.94% in 2026.
  • A 5-year view of Debt to Equity shows it stood at $0.43 in 2022, then fell by 19.2% to $0.35 in 2023, then decreased by 9.88% to $0.31 in 2024, then slipped by 1.96% to $0.3 in 2025, then jumped by 58.32% to $0.48 in 2026.
  • Business Quant data shows FCX's Debt to Equity at $0.48 in Q1 2026, $0.3 in Q4 2025, and $0.5 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 0.57
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 0.48
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn -
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn -
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 0.06
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.48
Dec 31, 2025 0.30
Sep 30, 2025 0.50
Jun 30, 2025 0.31
Mar 31, 2025 0.32
Dec 31, 2024 0.31
Sep 30, 2024 0.34
Jun 30, 2024 0.33
Mar 31, 2024 0.34
Dec 31, 2023 0.35
Sep 30, 2023 0.35
Jun 30, 2023 0.36
Mar 31, 2023 0.38
Dec 31, 2022 0.43
Sep 30, 2022 0.44
Jun 30, 2022 0.46
Mar 31, 2022 0.40
Dec 31, 2021 0.41
Sep 30, 2021 0.43
Jun 30, 2021 0.46