Freeport-McMoRan Inc. (FCX) Interest Coverage Ratio: 17.05x
The interest coverage ratio for Freeport-McMoRan Inc. (FCX) is 17.05x as of Tuesday, June 16, 2026.
FCX Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
17.05x
FCX Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $101.59B | 17.05x | N/A | N/A | N/A |
| Newmont Corporation (NEM)vs › | $115.90B | 34.40x | 24.66x | 14.77x | 12.75x |
| The Sherwin-Williams Company (SHW)vs › | $79.49B | 8.11x | 8.41x | 8.15x | 8.08x |
| Ecolab Inc. (ECL)vs › | $77.01B | 12.08x | 9.90x | 8.00x | 7.79x |
| Air Products and Chemicals, Inc. (APD)vs › | $62.49B | -4.10x | 17.23x | 17.20x | 17.49x |
| Nucor Corporation (NUE)vs › | $59.51B | 15.64x | 14.36x | 25.51x | 31.83x |
| Vulcan Materials Company (VMC)vs › | $39.18B | 3.41x | 5.28x | 5.86x | 6.14x |
| Nutrien Ltd. (NTR)vs › | $31.51B | 5.31x | 4.89x | 8.75x | 7.80x |
| Dow Inc. (DOW)vs › | $23.76B | 0.30x | 1.51x | 3.66x | 4.83x |
| International Flavors & Fragrances Inc. (IFF)vs › | $19.88B | 3.68x | 3.09x | 3.09x | 3.13x |
Financial Health Indicators
Interest Coverage
17.1x
Debt/Equity
0.61
Current Ratio
2.29
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Freeport-McMoRan Inc. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Freeport-McMoRan Inc. (FCX)?
- The interest coverage ratio for FCX stock is 17.05x.
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