Freeport-McMoRan Inc. (FCX) quarterly balance sheet — complete assets, liabilities & equity history
Freeport-McMoRan Inc. (FCX) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 14.16B | 14.09B | 13.79B | 13.56B | 13.64B | 13.8B | 13.3B | 14.54B | 14.72B | 14.84B | 14.06B | 14.08B | 14.06B | 14.75B | 15.61B | 15.37B | 16.18B | 15.3B | 14.83B | 13.79B |
| Cash & Short-Term Investments | 4.08B | 4.02B | 4.05B | 4.55B | 4.72B | 4.84B | 3.92B | 6.12B | 6.3B | 6.24B | 4.76B | 5.75B | 6.68B | 6.85B | 8.15B | 8.58B | 9.49B | 8.34B | 8.07B | 7.67B |
| Cash Only | 4.08B | 4.02B | 3.35B | 3.85B | 4.02B | 4.54B | 3.92B | 6.02B | 6.2B | 6.14B | 4.76B | 5.75B | 6.68B | 6.85B | 8.15B | 8.58B | 9.49B | 8.34B | 8.07B | 7.67B |
| Short-Term Investments | 0 | 0 | 700M | 700M | 700M | 300M | 0 | 100M | 100M | 100M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 716M | 2.05B | 1.68B | 1.46B | 1.42B | 1.31B | 1.14B | 1.55B | 1.56B | 2.24B | 1.66B | 1.28B | 1.09B | 1.68B | 1.79B | 1.33B | 1.41B | 1.98B | 1.74B | 1.52B |
| Days Sales Outstanding | 17.88 | 26.9 | 25.67 | 19 | 16.34 | 19.85 | 21.05 | 21.38 | 27.1 | 28.59 | 23.35 | 18.59 | 21.29 | 30.65 | 26.39 | 23.53 | 24.98 | 26.31 | 25.3 | 23.78 |
| Inventory | 7.86B | 7.42B | 7.49B | 7B | 6.95B | 7.07B | 6.81B | 6.44B | 6.47B | 5.98B | 6.06B | 5.95B | 5.81B | 5.74B | 5.18B | 4.82B | 4.67B | 4.45B | 4.5B | 4.12B |
| Days Inventory Outstanding | 143.59 | 146.56 | 144.41 | 131.38 | 127.76 | 145.31 | 139.1 | 126.53 | 128.55 | 122.61 | 138.8 | 131.45 | 126.94 | 136.73 | 113.37 | 110.73 | 116.12 | 111.15 | 106.01 | 107.53 |
| Other Current Assets | 851M | 609M | 563M | 554M | 547M | 575M | 1.42B | 436M | 389M | 385M | 1.58B | 1.1B | 472M | 473M | 492M | 647M | 608M | 529M | 523M | 477M |
| Total Non-Current Assets | 45.56B | 44.75B | 44.38B | 43.26B | 42.86B | 42.22B | 41.55B | 40.85B | 39.91B | 39.36B | 38.44B | 37.57B | 36.85B | 36.16B | 35.48B | 34.55B | 33.93B | 33.53B | 33.19B | 33.13B |
| Property, Plant & Equipment | 41.7B | 41.1B | 40.74B | 40.26B | 39.84B | 39.2B | 38.51B | 37.75B | 36.78B | 36.2B | 35.3B | 34.53B | 33.84B | 33.16B | 32.63B | 31.81B | 31.2B | 30.71B | 30.34B | 30.1B |
| Fixed Asset Turnover | 0.17x | 0.15x | 0.14x | 0.17x | 0.19x | 0.14x | 0.15x | 0.18x | 0.17x | 0.17x | 0.17x | 0.17x | 0.18x | 0.16x | 0.17x | 0.17x | 0.20x | 0.21x | 0.20x | 0.21x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 432M | 0 | 0 | 0 | 428M | 0 | 0 | 0 | 422M | 0 | 0 | 0 | 416M | 0 | 0 | 0 | 412M | 0 |
| Long-Term Investments | 0 | 832M | 1.67B | 105M | 104M | 105M | 456M | 99M | 99M | 98M | 207M | 0 | 134M | 134M | 262M | 134M | 134M | 133M | 232M | 133M |
| Other Non-Current Assets | 2.79B | 2.81B | 1.54B | 2.9B | 2.92B | 2.92B | 2.15B | 3.01B | 3.03B | 3.06B | 2.52B | 3.04B | -1.34B | -1.3B | 2.17B | -1.58B | -1.57B | -1.46B | 2.85B | -1.48B |
| Total Assets | 59.73B | 58.84B | 58.17B | 56.83B | 56.49B | 56.02B | 54.85B | 55.4B | 54.63B | 54.2B | 52.51B | 51.65B | 50.91B | 50.91B | 51.09B | 49.93B | 50.11B | 48.83B | 48.02B | 46.92B |
| Asset Turnover | 0.12x | 0.11x | 0.10x | 0.12x | 0.13x | 0.10x | 0.11x | 0.12x | 0.12x | 0.12x | 0.11x | 0.11x | 0.12x | 0.10x | 0.11x | 0.11x | 0.12x | 0.13x | 0.13x | 0.13x |
| Asset Growth % | 5.73% | 5.03% | 6.05% | 2.58% | 3.4% | 3.37% | 4.46% | 7.26% | 7.32% | 6.46% | 2.77% | 3.45% | 1.58% | 4.25% | 6.4% | 6.42% | 10.29% | 11.89% | 13.95% | 14.16% |
| Total Current Liabilities | 6.86B | 5.91B | 6.02B | 5.53B | 5.53B | 5.94B | 5.5B | 6.25B | 6.14B | 6.3B | 5.82B | 4.86B | 4.79B | 5.28B | 6.34B | 6B | 5.93B | 6.45B | 5.89B | 5.52B |
| Accounts Payable | 4.58B | 4.14B | 2.95B | 4.1B | 4.29B | 4.08B | 2.79B | 3.82B | 3.91B | 3.65B | 2.47B | 3.72B | 3.64B | 3.84B | 2.7B | 3.95B | 3.85B | 3.16B | 2.04B | 2.95B |
| Days Payables Outstanding | 81.96 | 69.68 | 70.22 | 78.97 | 76.19 | 71.88 | 69.42 | 75.76 | 78.1 | 62.35 | 71.54 | 82.34 | 82.21 | 81.87 | 75.38 | 91.02 | 89.29 | 64.54 | 61.32 | 78.09 |
| Short-Term Debt | 1.22B | 500M | 569M | 383M | 338M | 495M | 41M | 769M | 768M | 769M | 850M | 35M | 37M | 49M | 1.04B | 1.03B | 1.04B | 1.36B | 372M | 897M |
| Deferred Revenue (Current) | 0 | 0 | 106M | 0 | 0 | 0 | 91M | 0 | 0 | 0 | 161M | 0 | 0 | 0 | 76M | 0 | 0 | 0 | 191M | 0 |
| Other Current Liabilities | 836M | 540M | 1.41B | 517M | 516M | 513M | 1.13B | 582M | 578M | 325M | 1.08B | 620M | 598M | 558M | 463M | 614M | 842M | 544M | 454M | 485M |
| Current Ratio | 2.07x | 2.39x | 2.29x | 2.45x | 2.47x | 2.32x | 2.42x | 2.33x | 2.40x | 2.35x | 2.42x | 2.90x | 2.94x | 2.79x | 2.46x | 2.56x | 2.73x | 2.37x | 2.52x | 2.50x |
| Quick Ratio | 0.92x | 1.13x | 1.05x | 1.19x | 1.21x | 1.13x | 1.18x | 1.30x | 1.34x | 1.41x | 1.38x | 1.67x | 1.72x | 1.71x | 1.64x | 1.76x | 1.94x | 1.68x | 1.75x | 1.75x |
| Cash Conversion Cycle | 79.51 | 103.78 | 99.87 | 71.41 | 67.91 | 93.28 | 90.73 | 72.15 | 77.55 | 88.85 | 90.61 | 67.7 | 66.02 | 85.51 | 64.39 | 43.24 | 51.81 | 72.91 | 70 | 53.23 |
| Total Non-Current Liabilities | 20.65B | 21.42B | 21.38B | 20.91B | 20.96B | 20.86B | 20.57B | 20.29B | 19.81B | 19.79B | 19.38B | 20.11B | 20.09B | 19.98B | 19.88B | 19.75B | 20.13B | 18.34B | 19.11B | 18.86B |
| Long-Term Debt | 8.17B | 8.91B | 9.92B | 8.91B | 8.91B | 8.91B | 8.91B | 8.91B | 8.66B | 8.66B | 8.66B | 9.37B | 9.46B | 9.59B | 9.58B | 9.66B | 10.05B | 8.26B | 9.08B | 8.77B |
| Capital Lease Obligations | 973M | 987M | 1.01B | 0 | 0 | 0 | 692M | 0 | 0 | 0 | 347M | 0 | 0 | 0 | 294M | 0 | 0 | 0 | 281M | 0 |
| Deferred Tax Liabilities | 4.66B | 4.64B | 4.62B | 4.36B | 4.41B | 4.4B | 4.38B | 4.49B | 4.49B | 4.5B | 4.45B | 4.4B | 4.34B | 4.3B | 4.27B | 4.32B | 4.3B | 4.28B | 4.23B | 4.5B |
| Other Non-Current Liabilities | 6.85B | 6.88B | 5.83B | 7.63B | 7.64B | 7.55B | 6.6B | 6.88B | 6.66B | 6.63B | 5.92B | 6.34B | 6.29B | 6.09B | 5.73B | 5.77B | 5.78B | 5.8B | 5.52B | 5.59B |
| Total Liabilities | 27.5B | 27.33B | 27.4B | 26.43B | 26.5B | 26.81B | 26.07B | 26.53B | 25.95B | 26.09B | 25.2B | 24.97B | 24.88B | 25.26B | 26.22B | 25.75B | 26.07B | 24.79B | 25B | 24.39B |
| Total Debt | 10.36B | 10.4B | 11.5B | 9.3B | 9.25B | 9.4B | 9.74B | 9.68B | 9.43B | 9.43B | 9.85B | 9.4B | 9.49B | 9.63B | 10.95B | 10.69B | 11.09B | 9.62B | 9.77B | 9.66B |
| Net Debt | 6.28B | 6.38B | 8.15B | 5.45B | 5.23B | 4.86B | 5.82B | 3.66B | 3.22B | 3.28B | 5.09B | 3.66B | 2.81B | 2.78B | 2.81B | 2.11B | 1.6B | 1.28B | 1.7B | 1.99B |
| Debt / Equity | 0.32x | 0.33x | 0.37x | 0.31x | 0.31x | 0.32x | 0.34x | 0.34x | 0.33x | 0.34x | 0.36x | 0.35x | 0.36x | 0.38x | 0.44x | 0.44x | 0.46x | 0.40x | 0.42x | 0.43x |
| Debt / EBITDA | 4.10x | 3.92x | 8.88x | 3.60x | 2.98x | 6.04x | 5.14x | 3.96x | 4.06x | 4.43x | 4.46x | 4.54x | 4.41x | 5.60x | 6.35x | 5.87x | 3.72x | 3.10x | 3.72x | 3.18x |
| Net Debt / EBITDA | 2.49x | 2.41x | 6.29x | 2.11x | 1.69x | 3.12x | 3.07x | 1.50x | 1.39x | 1.54x | 2.31x | 1.77x | 1.31x | 1.62x | 1.63x | 1.16x | 0.54x | 0.41x | 0.65x | 0.66x |
| Interest Coverage | 21.32x | 18.84x | 5.96x | 18.91x | 30.16x | 19.44x | 18.71x | 28.26x | 24.07x | 19.81x | 18.81x | 16.33x | 8.42x | 11.19x | 12.21x | 7.19x | 11.25x | 22.36x | 12.54x | 18.10x |
| Total Equity | 32.22B | 31.51B | 30.77B | 30.4B | 30B | 29.21B | 28.78B | 28.87B | 28.69B | 28.11B | 27.31B | 26.68B | 26.03B | 25.65B | 24.87B | 24.18B | 24.05B | 24.04B | 23.02B | 22.53B |
| Equity Growth % | 7.42% | 7.86% | 6.91% | 5.3% | 4.57% | 3.95% | 5.38% | 8.21% | 10.22% | 9.58% | 9.81% | 10.32% | 8.23% | 6.68% | 8.05% | 7.32% | 14.87% | 22.83% | 23.31% | 28.92% |
| Book Value per Share | 22.33 | 21.82 | 21.32 | 21.07 | 20.77 | 20.23 | 19.92 | 19.99 | 19.85 | 19.46 | 18.91 | 18.49 | 18.05 | 17.77 | 17.27 | 16.80 | 16.50 | 16.37 | 15.53 | 15.18 |
| Total Shareholders' Equity | 20.11B | 19.5B | 18.9B | 18.68B | 18.21B | 17.69B | 17.58B | 17.55B | 17.4B | 16.97B | 16.69B | 16.46B | 16.2B | 16.06B | 15.55B | 14.95B | 14.89B | 14.87B | 13.98B | 13.35B |
| Common Stock | 163M | 163M | 163M | 163M | 163M | 163M | 162M | 162M | 162M | 162M | 162M | 162M | 162M | 162M | 161M | 161M | 161M | 161M | 160M | 160M |
| Retained Earnings | 2.82B | 2.05B | 1.39B | 1.2B | 738M | 182M | -170M | -444M | -970M | -1.59B | -2.06B | -2.45B | -2.9B | -3.24B | -3.91B | -4.6B | -5.01B | -5.85B | -7.38B | -8.48B |
| Treasury Stock | -6.23B | -6.12B | -6.02B | -6.02B | -6.02B | -5.97B | -5.89B | -5.89B | -5.83B | -5.82B | -5.77B | -5.77B | -5.77B | -5.77B | -5.7B | -5.7B | -5.54B | -4.89B | -4.29B | -3.78B |
| Accumulated OCI | -303M | -304M | -305M | -310M | -311M | -313M | -314M | -273M | -274M | -274M | -274M | -317M | -318M | -319M | -320M | -385M | -386M | -387M | -388M | -572M |
| Minority Interest | 12.11B | 12.01B | 11.87B | 11.71B | 11.79B | 11.53B | 11.2B | 11.32B | 11.28B | 11.13B | 10.62B | 10.22B | 9.82B | 9.59B | 9.32B | 9.23B | 9.16B | 9.18B | 9.04B | 9.18B |