Freeport-McMoRan Inc. FCX

72.31 0.23 0.32% as of 25 Sep
Market cap
$104.1B
P/E
35.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Freeport-McMoRan Inc. (FCX) Current ratio

Freeport-McMoRan Inc.'s current ratio at the end of the quarter to 30 June 2026 was 2.1×, down 0.2× from fiscal 2025 (2.3×). Over the past ten years it has ranged from 1.7× (fiscal 2015) to 3.1× (fiscal 2018); the current reading is higher than 27% of that period. That is below the Copper industry median of 2.2× and below the Basic Materials sector median of 2.3×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 2.3× (5.30%)
FY2024 2.4× 0.02%
FY2023 2.4× (1.71%)
FY2022 2.5× (2.24%)
FY2021 2.5× (7.55%)
FY2020 2.7× 10.38%
FY2019 2.5× (21.53%)
FY2018 3.1× 45.36%
FY2017 2.2× (11.62%)
FY2016 2.4× 41.22%

Quarterly

Period Current ratio Change
Jun 2026 2.1× (13.39%)
Mar 2026 2.4× 4.12%
Dec 2025 2.3× (6.66%)
Sep 2025 2.5× (0.44%)
42 more quarters

Against its own ten years

Low 1.7× High 3.1×
Ten-year median 2.4×
Current reading's percentile 27

Current ratio against peers

Company Current ratio
SCCO Southern Copper Corporation compare 5.1×
IE Ivanhoe Electric Inc. compare 5.0×
HBM HudBay Minerals Inc compare 2.2×
FCX Freeport-McMoRan Inc. 2.1×
ERO Ero Copper Corp. compare 1.3×
Copper industry median 2.2×
Basic Materials sector median 2.3×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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