Freeport-McMoRan Inc.

Freeport-McMoRan Inc.verified

FCX

Price:

$40

Market Cap:

$57.47B

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly...[Read more]

Industry

Copper

IPO Date

1995-07-10

Stock Exchange

NYSE

Ticker

FCX

The Current Ratio as of September 2024 (TTM) for Freeport-McMoRan Inc. (FCX) is 2.40

According to Freeport-McMoRan Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.40. This represents a change of -4.68% compared to the average of 2.52 of the last 4 quarters.

Freeport-McMoRan Inc. (FCX) Historical Current Ratio (quarterly & annually)

How has FCX Current Ratio performed in the past?

The mean historical Current Ratio of Freeport-McMoRan Inc. over the last ten years is 2.38. The current 2.40 Current Ratio has changed 9.97% with respect to the historical average. Over the past ten years (40 quarters), FCX's Current Ratio was at its highest in in the December 2018 quarter at 3.23. The Current Ratio was at its lowest in in the September 2014 quarter at 1.42.

Quarterly (TTM)
Annual

Average

2.38

Median

2.44

Minimum

1.73

Maximum

3.23

Freeport-McMoRan Inc. (FCX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Freeport-McMoRan Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 50.96%

Maximum Annual Current Ratio = 3.23

Minimum Annual Increase = -24.74%

Minimum Annual Current Ratio = 1.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.42-1.70%
20222.46-2.24%
20212.52-7.55%
20202.7212.01%
20192.43-24.74%
20183.2350.96%
20172.14-12.55%
20162.4541.22%
20151.73-0.20%
20141.74-16.46%

Freeport-McMoRan Inc. (FCX) Average Current Ratio

How has FCX Current Ratio performed in the past?

The current Current Ratio of Freeport-McMoRan Inc. (FCX) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

2.47

5-year avg

2.51

10-year avg

2.38

Freeport-McMoRan Inc. (FCX) Current Ratio vs. Peers

How is FCX’s Current Ratio compared to its peers?

Freeport-McMoRan Inc.’s Current Ratio is greater than Ero Copper Corp. (0.68), greater than Amerigo Resources Ltd. (0.97), greater than Hudbay Minerals Inc. (1.86), greater than Lundin Mining Corporation (1.49), less than Southern Copper Corporation (2.81), greater than Copper Mountain Mining Corporation (1.10), greater than Capstone Copper Corp. (0.94), less than First Quantum Minerals Ltd. (0), greater than Nevada Copper Corp. (2.35), greater than Faraday Copper Corp. (0.13), less than null (14.63),

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