Freeport-Mcmoran debt and dilution71

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$9,386M

Cash & equivalents

USD millions

$4,080M

Net debt

USD millions

$5,306M

Debt / equity

0.29×

Debt / assets

15.71%

Net debt / EBITDA

× · TTM

0.59×

Debt / FCF

× · TTM

—

Interest coverage

× · TTM

—

Current ratio

2.07×

Diluted shares

Million shares

1,443M shares

Basic shares

Million shares

1,438M shares

Share count growth

0.07%

Share repurchases

USD millions

$110M

Quarterly data

Freeport-Mcmoran capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	9,386	4,080	5,306	0.29×	15.71%	0.59×	—	—	2.07×	1,443	1,438	0.07%	110
FY 2026 Q1	Mar 31, 2026	9,414	3,737	5,677	0.3×	16%	0.59×	5.37×	—	2.39×	1,444	1,439	0.07%	93
FY 2025 Q4	Dec 31, 2025	9,379	3,824	5,555	0.3×	16.12%	0.63×	8.4×	—	2.29×	1,443	1,437	-0.07%	0
FY 2025 Q3	Sep 30, 2025	9,298	4,318	4,980	0.31×	16.36%	0.54×	5.72×	—	2.45×	1,443	1,437	-0.07%	0
FY 2025 Q2	Jun 30, 2025	9,251	4,490	4,761	0.31×	16.38%	0.52×	5.47×	—	2.47×	1,443	1,437	-0.07%	52
FY 2025 Q1	Mar 31, 2025	9,404	4,385	5,019	0.32×	16.79%	0.58×	5.89×	—	2.32×	1,444	1,438	0.14%	55
FY 2024 Q4	Dec 31, 2024	8,948	3,923	5,025	0.31×	16.31%	0.55×	3.8×	—	2.42×	1,445	1,438	0.28%	0
FY 2024 Q3	Sep 30, 2024	9,679	5,000	4,679	0.34×	17.47%	0.49×	4.58×	—	2.33×	1,444	1,438	0.21%	59
FY 2024 Q2	Jun 30, 2024	9,426	5,273	4,153	0.33×	17.25%	0.46×	6.29×	—	2.4×	1,445	1,438	0.28%	0
FY 2024 Q1	Mar 31, 2024	9,425	5,208	4,217	0.34×	17.39%	0.49×	8.07×	—	2.35×	1,444	1,436	0.21%	0
FY 2023 Q4	Dec 31, 2023	9,422	4,758	4,664	0.35×	17.94%	0.56×	20.71×	—	2.42×	1,443	1,434	0.13%	0
FY 2023 Q3	Sep 30, 2023	9,405	5,745	3,660	0.35×	18.21%	0.46×	18.12×	—	2.9×	1,443	1,435	0.28%	0
FY 2023 Q2	Jun 30, 2023	9,495	6,683	2,812	0.36×	18.65%	0.38×	24.79×	—	2.94×	1,442	1,434	-0.9%	0
FY 2023 Q1	Mar 31, 2023	9,635	6,852	2,783	0.38×	18.93%	0.36×	15.27×	—	2.79×	1,443	1,433	-1.51%	0
FY 2022 Q4	Dec 31, 2022	10,620	8,146	2,474	0.43×	20.79%	0.27×	6.36×	—	2.46×	1,439.13	1,432.1	-2.31%	0
FY 2022 Q3	Sep 30, 2022	10,690	8,578	2,112	0.44×	21.41%	0.21×	3.39×	—	2.56×	1,439	1,431	-2.59%	162
FY 2022 Q2	Jun 30, 2022	11,092	9,492	1,600	0.46×	22.13%	0.14×	2.38×	—	2.73×	1,457	1,447	-1.36%	644
FY 2022 Q1	Mar 31, 2022	9,621	8,338	1,283	0.4×	19.7%	0.11×	1.64×	—	2.37×	1,469	1,455	-0.48%	541
FY 2021 Q4	Dec 31, 2021	9,450	8,068	1,382	0.41×	19.68%	0.13×	1.69×	—	2.52×	1,484.97	1,466	0.89%	488
FY 2021 Q3	Sep 30, 2021	9,665	7,672	1,993	0.43×	20.6%	0.21×	1.92×	—	2.5×	1,484	1,469	1.1%	0
FY 2021 Q2	Jun 30, 2021	9,695	6,313	3,382	0.46×	21.34%	0.43×	2.2×	—	2.28×	1,483	1,467	0.96%	0
FY 2021 Q1	Mar 31, 2021	9,809	4,580	5,229	0.5×	22.48%	0.86×	4.07×	—	2.35×	1,477	1,462	0.69%	0
FY 2020 Q4	Dec 31, 2020	9,711	3,657	6,054	0.52×	23.04%	1.53×	9.2×	—	2.72×	1,484.83	1,453	0.07%	—
FY 2020 Q3	Sep 30, 2020	10,030	2,403	7,627	0.57×	24.4%	2.55×	—	—	2.61×	1,461	1,453	0.07%	—
FY 2020 Q2	Jun 30, 2020	9,914	1,465	8,449	0.58×	24.64%	4.23×	—	—	2.46×	1,458	1,453	0.14%	—
FY 2020 Q1	Mar 31, 2020	10,074	1,602	8,472	0.59×	25.05%	4.97×	—	—	2.34×	1,452	1,452	0.07%	—
FY 2019 Q4	Dec 31, 2019	9,826	2,020	7,806	0.56×	24.08%	3.12×	—	—	2.47×	1,457	1,452	0.14%	—
FY 2019 Q3	Sep 30, 2019	9,919	2,247	7,672	0.57×	24.23%	3.73×	—	—	2.47×	1,452	1,452	0.14%	—
FY 2019 Q2	Jun 30, 2019	9,916	2,623	7,293	0.56×	24.13%	2.06×	—	—	2.66×	1,451	1,451	0.14%	—
FY 2019 Q1	Mar 31, 2019	9,905	2,833	7,072	0.56×	24.12%	1.34×	11.83×	—	2.79×	1,457	1,451	0.14%	—
FY 2018 Q4	Dec 31, 2018	11,141	4,217	6,924	0.62×	26.39%	1.06×	5.89×	—	3.22×	1,457	1,450	0.14%	—
FY 2018 Q3	Sep 30, 2018	11,127	4,556	6,571	0.83×	29.48%	0.85×	2.92×	—	2.84×	1,458	1,450	0.14%	—
FY 2018 Q2	Jun 30, 2018	11,127	3,859	7,268	0.87×	30.05%	1×	2.82×	—	2.72×	1,458	1,449	0.14%	—
FY 2018 Q1	Mar 31, 2018	11,606	3,702	7,904	0.97×	31.68%	1.26×	3.06×	—	2.33×	1,458	1,449	0.21%	—
FY 2017 Q4	Dec 31, 2017	13,117	4,447	8,670	1.16×	35.16%	1.62×	4.01×	—	2.14×	1,455	1,448	3.21%	—
FY 2017 Q3	Sep 30, 2017	14,782	4,957	9,825	1.44×	39.6%	2.08×	5.62×	—	2.02×	1,454	1,448	7.58%	—
FY 2017 Q2	Jun 30, 2017	15,354	4,667	10,687	1.54×	41.45%	2.44×	6.85×	—	2.11×	1,453	1,447	14.03%	—
FY 2017 Q1	Mar 31, 2017	15,363	4,001	11,362	1.6×	42%	2.89×	9.57×	—	2.02×	1,454	1,446	15.59%	—
FY 2016 Q4	Dec 31, 2016	16,027	4,245	11,782	1.73×	42.95%	—	17.5×	—	2.45×	1,410	1,403	19.21%	—
FY 2016 Q3	Sep 30, 2016	18,982	1,108	17,874	2.09×	45.85%	—	—	—	2.56×	1,351	1,346	25.68%	—
FY 2016 Q2	Jun 30, 2016	19,319	352	18,967	2.32×	46.78%	—	—	—	2.36×	1,269	1,269	22.02%	—
FY 2016 Q1	Mar 31, 2016	20,777	331	20,446	2.61×	48.7%	—	—	—	1.63×	1,251	1,251	20.29%	—
FY 2015 Q4	Dec 31, 2015	20,428	224	20,204	1.7×	43.86%	—	—	—	1.73×	1,176.96	1,176.96	13.28%	—
FY 2015 Q3	Sep 30, 2015	20,698	338	20,360	1.36×	41.08%	—	—	—	1.69×	1,071	1,071	3.08%	—
FY 2015 Q2	Jun 30, 2015	20,902	466	20,436	1.16×	38.7%	—	—	—	1.84×	1,040	1,040	0.1%	—
FY 2015 Q1	Mar 31, 2015	20,312	549	19,763	1.01×	36.23%	—	—	—	2.01×	1,040	1,040	0.19%	—
FY 2014 Q4	Dec 31, 2014	18,970	464	18,506	0.84×	32.26%	4.67×	—	—	1.75×	1,021.2	1,039	-0.15%	—
FY 2014 Q3	Sep 30, 2014	19,737	658	19,079	0.76×	30.85%	—	—	—	1.42×	1,046	1,039	0.1%	—
FY 2014 Q2	Jun 30, 2014	20,296	1,458	18,838	0.79×	31.71%	—	—	—	1.36×	1,045	1,039	6.02%	—
FY 2014 Q1	Mar 31, 2014	20,850	1,342	19,508	0.82×	32.66%	—	50.12×	—	1.75×	1,044	1,038	9.26%	—
FY 2013 Q4	Dec 31, 2013	20,706	1,985	18,721	0.82×	32.62%	—	24.27×	—	2.09×	1,044.58	1,040.58	9.65%	—
FY 2013 Q3	Sep 30, 2013	21,123	2,219	18,904	0.86×	33.74%	—	51.65×	—	2.14×	1,043	1,038	9.38%	—
FY 2013 Q2	Jun 30, 2013	21,215	3,294	17,921	0.89×	33.59%	—	—	—	1.89×	984	980	3.27%	—
FY 2013 Q1	Mar 31, 2013	10,092	9,595	497	0.46×	23.7%	—	47.6×	—	5.06×	953	950	0.11%	—
FY 2012 Q4	Dec 31, 2012	3,527	3,705	-178	0.17×	9.95%	—	12.6×	—	3.08×	956.98	949	—	—
FY 2012 Q3	Sep 30, 2012	3,523	3,727	-204	0.17×	10.21%	—	—	—	3.23×	953	949	0.11%	—
FY 2012 Q2	Jun 30, 2012	3,523	4,508	-985	0.18×	10.46%	—	—	—	3.46×	953	949	0.21%	—
FY 2012 Q1	Mar 31, 2012	3,521	4,496	-975	0.18×	10.7%	—	—	—	3.51×	955	949	0.32%	—
FY 2011 Q4	Dec 31, 2011	3,537	4,822	-1,285	0.19×	11.03%	—	—	29.29×	3.42×	—	—	—	—
FY 2011 Q3	Sep 30, 2011	3,535	5,128	-1,593	0.2×	11.15%	—	—	—	3.37×	955	948	0.64%	—
FY 2011 Q2	Jun 30, 2011	3,542	4,378	-836	0.21×	11.58%	—	—	—	3.28×	956	947	103,384,179.48%	—
FY 2011 Q1	Mar 31, 2011	4,752	4,090	662	0.3×	15.33%	—	—	—	2.35×	955	946	9.74%	—
FY 2010 Q4	Dec 31, 2010	4,755	3,738	1,017	0.33×	16.18%	—	—	19.63×	2.62×	—	—	—	—
FY 2010 Q3	Sep 30, 2010	4,779	3,720	1,059	0.35×	17.1%	—	—	—	2.77×	948	942	13.22%	—
FY 2010 Q2	Jun 30, 2010	4,785	3,042	1,743	0.39×	18.42%	—	—	—	2.44×	0	0	-100%	—
FY 2010 Q1	Mar 31, 2010	6,065	3,752	2,313	0.51×	22.37%	—	—	—	1.99×	946	862	7.75%	—
FY 2009 Q4	Dec 31, 2009	6,346	2,656	3,690	0.59×	24.41%	—	—	—	2.48×	1,181.33	857.67	—	0
FY 2009 Q3	Sep 30, 2009	6,622	2,269	4,353	0.67×	25.76%	—	—	—	2.35×	944	832	—	—
FY 2009 Q2	Jun 30, 2009	7,223	1,319	5,904	0.82×	29.33%	—	—	—	2.12×	942	824	—	—
FY 2009 Q1	Mar 31, 2009	7,227	644	6,583	1.09×	30.48%	—	—	—	2.04×	802	800	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · FCX, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.