Freeport-McMoRan Inc. (FCX) Debt to Assets Ratio: 0.20%
The debt to assets ratio for Freeport-McMoRan Inc. (FCX) is 0.20% as of Wednesday, June 10, 2026.
FCX Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.20%
FCX Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Freeport-McMoRan Inc. (FCX) | — | 0.20% |
| Newmont Corporation (NEM) | $105.20B | 0.10% |
| The Sherwin-Williams Company (SHW) | $76.59B | 0.56% |
| Ecolab Inc. (ECL) | $74.42B | 0.38% |
| Air Products and Chemicals, Inc. (APD) | $63.01B | 0.45% |
| Nucor Corporation (NUE) | $57.92B | 0.20% |
| Vulcan Materials Company (VMC) | $36.20B | 0.32% |
| DuPont de Nemours, Inc. (DD) | $19.29B | 0.15% |
| Alcoa Corporation (AA) | $19.11B | 0.17% |
| United States Steel Corporation (X) | $12.42B | 0.21% |
Leverage Ratios Comparison
Debt/Assets
0.2%
Debt/Equity
0.61
Current Ratio
2.29
Interest Coverage
17.1x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Freeport-McMoRan Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Freeport-McMoRan Inc. (FCX)?
- The debt to assets ratio for FCX stock is 0.20%.
About Freeport-McMoRan Inc.
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
- Sector
- Basic Materials
- Industry
- Copper
- CEO
- Kathleen Lynne Quirk