Freeport-McMoRan Inc. (FCX) Current Ratio: 2.29
Is Freeport-McMoRan Inc.’s current ratio high or low?
Freeport-McMoRan Inc.'s current ratio of 2.29 is in line with its 5-year average of 2.47, near the low end of its 5-year range (2.29–2.72).
The current ratio for Freeport-McMoRan Inc. (FCX) is 2.29 as of Wednesday, June 10, 2026. It is below its 12-month average by 2.76% (2.35).
FCX Current Ratio Chart
FCX Average Current Ratio Chart
FCX Current vs Average Current Ratio Chart
FCX Current Ratio Metrics
CURRENT RATIO
2.29
CURRENT RATIO AVG TTM
2.35
CURRENT RATIO AVG 3Y
2.40
CURRENT RATIO AVG 5Y
2.47
CURRENT RATIO AVG 10Y
2.44
CURRENT RATIO AVG 15Y
2.48
CURRENT RATIO AVG 20Y
2.34
CURRENT VS TTM AVG
-2.76%
CURRENT VS 3Y AVG
-4.48%
CURRENT VS 5Y AVG
-7.35%
CURRENT VS 10Y AVG
-6.04%
CURRENT VS 15Y AVG
-7.82%
CURRENT VS 20Y AVG
-2.04%
FCX Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $89.24B | 2.29 | 2.35 | 2.40 | 2.47 |
| Newmont Corporation (NEM) | $99.04B | 2.29 | 1.96 | 1.85 | 2.14 |
| The Sherwin-Williams Company (SHW) | $74.96B | 0.87 | 0.83 | 0.87 | 0.89 |
| Ecolab Inc. (ECL) | $72.33B | 1.08 | 1.17 | 1.24 | 1.33 |
| Air Products and Chemicals, Inc. (APD) | $61.57B | 1.38 | 1.45 | 1.51 | 2.10 |
| Nucor Corporation (NUE) | $57.05B | 2.94 | 2.72 | 3.10 | 3.08 |
| Vulcan Materials Company (VMC) | $35.38B | 2.69 | 2.26 | 2.42 | 2.34 |
| International Flavors & Fragrances Inc. (IFF) | $18.95B | 1.42 | 1.63 | 1.73 | 1.74 |
| DuPont de Nemours, Inc. (DD) | $18.47B | 2.42 | 1.88 | 2.30 | 2.41 |
| Alcoa Corporation (AA) | $17.30B | 1.44 | 1.44 | 1.52 | 1.55 |
Liquidity Analysis
Current Ratio
2.29
Quick Ratio
1.05
Freeport-McMoRan Inc. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Current Ratio FAQ
- What is the current ratio for Freeport-McMoRan Inc. (FCX)?
- The current ratio for FCX stock is 2.29.
- Is Freeport-McMoRan Inc.'s current ratio high or low?
- Freeport-McMoRan Inc.'s current ratio of 2.29 is in line with its 5-year average of 2.47, near the low end of its 5-year range (2.29–2.72).
- What is the TTM average current ratio for Freeport-McMoRan Inc. (FCX)?
- The TTM average current ratio for FCX stock is 2.35.
- What is the 3Y average current ratio for Freeport-McMoRan Inc. (FCX)?
- The 3Y average current ratio for FCX stock is 2.40.
- What is the 5Y average current ratio for Freeport-McMoRan Inc. (FCX)?
- The 5Y average current ratio for FCX stock is 2.47.
- What is the 10Y average current ratio for Freeport-McMoRan Inc. (FCX)?
- The 10Y average current ratio for FCX stock is 2.44.
- What is the 15Y average current ratio for Freeport-McMoRan Inc. (FCX)?
- The 15Y average current ratio for FCX stock is 2.48.
- What is the 20Y average current ratio for Freeport-McMoRan Inc. (FCX)?
- The 20Y average current ratio for FCX stock is 2.34.
Freeport-McMoRan Inc. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 2.29 |
| 2024-12-31 | 2.42 |
| 2023-12-31 | 2.42 |
| 2022-12-31 | 2.46 |
| 2021-12-31 | 2.52 |
| 2020-12-31 | 2.72 |
| 2019-12-31 | 2.43 |
| 2018-12-31 | 3.23 |
| 2017-12-31 | 2.14 |
| 2016-12-31 | 2.45 |
| 2015-12-31 | 1.73 |
| 2014-12-31 | 1.74 |
| 2013-12-31 | 2.08 |
| 2012-12-31 | 3.08 |
| 2011-12-31 | 3.42 |
| 2010-12-31 | 2.62 |
| 2009-12-31 | 2.49 |
| 2008-12-31 | 1.63 |
| 2007-12-31 | 1.53 |
| 2006-12-31 | 2.21 |
| 2005-12-31 | 1.48 |
| 2004-12-31 | 2.09 |
| 2003-12-31 | 1.74 |
| 2002-12-31 | 1.19 |
| 2001-12-31 | 0.87 |
| 2000-12-31 | 0.90 |
| 1999-12-31 | 1.10 |
| 1998-12-31 | 1.05 |
| 1997-12-31 | 0.97 |
| 1996-12-31 | 1.11 |
Related Metrics
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