Freeport-McMoRan Inc. balance sheet FCX

Annual Quarterly

As of Jun 30, 2026, Freeport-McMoRan Inc. had total assets of $59.7 billion and total liabilities of $27.5 billion. Total assets were up 5.7% from a year earlier. Stockholders' equity was $20.1 billion. It held $4.1 billion in cash and investments against $10.4 billion of total debt, net debt of $6.3 billion. The current ratio, current assets divided by current liabilities, was 2.07.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Line	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q4 FY2023 Dec 31, 2024	Q3 FY2024 Sep 30, 2024
Assets
Cash	4,080 -9.1%	3,737 -14.8%	3,824	4,318 -13.6%	4,490 -14.8%	4,385 -15.8%	3,923 -51.8%	5,000 -13.0%
Long-term investments	—	—	125	—	—	—	102 +29.1%	—
Cash and investments	4,080 -9.1%	3,737 -14.8%	3,949	4,318 -13.6%	4,490 -14.8%	4,385 -15.8%	4,025 -51.1%	5,000 -13.0%
Receivables	716 -23.9%	681 -8.3%	977	916 -6.4%	941 -16.6%	743 -50.3%	578 -56.7%	979 +23.6%
Total current assets	14,165 +3.9%	14,092 +2.1%	13,790	13,564 -6.7%	13,636 -7.4%	13,802 -7.0%	13,296 -14.8%	14,545 +3.3%
Property and equipment, net	41,705 +4.7%	41,101 +4.8%	40,736	40,257 +6.6%	39,835 +8.3%	39,200 +8.3%	38,514 +18.0%	37,750 +9.3%
Total assets	59,727 +5.7%	58,840 +5.0%	58,167	56,828 +2.6%	56,492 +3.4%	56,022 +3.4%	54,848 +7.3%	55,400 +7.3%
Liabilities and equity
Accounts payable	—	—	2,948	—	—	—	2,789 +3.3%	—
Total current liabilities	6,856 +24.0%	5,907 -0.6%	6,019	5,526 -11.5%	5,531 -9.9%	5,943 -5.7%	5,496 -13.4%	6,247 +28.5%
Total liabilities	27,505 +3.8%	27,329 +1.9%	27,401	26,431 -0.4%	26,496 +2.1%	26,808 +2.7%	26,070 -0.6%	26,534 +6.3%
Stockholders' equity	20,109 +10.4%	19,505 +10.3%	18,899	18,685 +6.5%	18,208 +4.6%	17,688 +4.2%	17,581 +13.0%	17,548 +6.6%
Debt
Debt due within a year	1,220 +260.9%	500 +1.0%	466	383 -50.2%	338 -56.0%	495 -35.6%	41 -96.0%	769 +2097.1%
Long-term debt	8,166 -8.4%	8,914 +0.1%	8,913	8,915 +0.1%	8,913 +2.9%	8,909 +2.9%	8,907 -7.1%	8,910 -4.9%
Lease liabilities	973	987	1,113	—	—	—	790 +138.0%	—
Total debt	10,359 +12.0%	10,401 +10.6%	10,492	9,298 -3.9%	9,251 -1.9%	9,404 -0.2%	9,738 -11.1%	9,679 +2.9%
Net cash	-6,279 -31.9%	-6,664 -32.8%	-6,543	-4,980 -6.4%	-4,761 -14.6%	-5,019 -19.0%	-5,713 -109.5%	-4,679 -27.8%
Ratios
Current ratio	2.07x	2.39x	2.29x	2.45x	2.47x	2.32x	2.42x	2.33x
Debt to equity	0.52x	0.53x	0.56x	0.50x	0.51x	0.53x	0.55x	0.55x
Debt to EBITDA	1.14x	1.08x	1.20x	—	—	—	1.17x	1.00x

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Metal Mining (SIC 1000)
Listed as: FCX (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Phoenix, AZ
SEC filer status: Large accelerated filer
SEC CIK: 831259
Former names: FREEPORT MCMORAN COPPER & GOLD INC (until Jul 2, 2014)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.