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| Date | Value |
|---|---|
| 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 |