Freeport-McMoRan Inc.

FCX Basic Materials Copper

Freeport-McMoRan Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.9 billion, up 1.81% from fiscal 2024. In the quarter to June 2026, revenue fell 7.29%, EPS grew 28.3%, free cash flow grew 1.07% and total debt rose 1.46%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three.

69.32 0.74 −1.06%
Market cap
$100.7B
P/E
34.1×
Fwd P/E
26.2×
Dividend yield
0.43%
F-score
6/9
Altman Z
2.61
Beneish M
−2.09
Dividend safety
28/100

Freeport-McMoRan Inc. (FCX) Debt to equity

Alert me on Debt to equity

Freeport-McMoRan Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.3×, down 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.3× (fiscal 2025) to 1.7× (fiscal 2016) — the current reading is the lowest in ten years. That is in line with the Copper industry median of 0.3× and above the Basic Materials sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.3× (1.96%)
FY2024 0.3× (9.88%)
FY2023 0.3× (19.20%)
FY2022 0.4× 4.02%
FY2021 0.4× (21.09%)
FY2020 0.5× (7.63%)
FY2019 0.6× (9.56%)
FY2018 0.6× (46.83%)
FY2017 1.2× (32.36%)
FY2016 1.7× 2.60%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× (2.51%)
Mar 2026 0.3× (1.97%)
Dec 2025 0.3× (0.36%)
Sep 2025 0.3× (0.81%)
42 more quarters

Against its own ten years

Low 0.3× High 1.7×
Ten-year median 0.5×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
IE Ivanhoe Electric Inc. compare 0.1×
HBM HudBay Minerals Inc compare 0.2×
FCX Freeport-McMoRan Inc. 0.3×
ERO Ero Copper Corp. compare 0.5×
SCCO Southern Copper Corporation compare 0.6×
Copper industry median 0.3×
Basic Materials sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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