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Cash ratio at other companies

Southern Copper logo
Southern CopperSCCO
2.5×+0.4×
Newmont logo
NewmontNEM
1.6×+0.7×
Coeur Mining logo
Coeur MiningCDE
1.8×+1.5×
Hecla Mining logo
Hecla MiningHL
+2.9×
MP Materials logo
MP MaterialsMP
3.1×+2.3×
Nucor logo
NucorNUE
0.5×-0.1×

Other financials

Income statement

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Revenue$6.2B+8.8%
Gross profit$1.7B+9.9%
Operating income$2.1B+64.0%
Net income$1.4B+74.9%
EPS (diluted)$0.61+154%

Balance sheet

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Cash & equivalents$4.1B-16.1%
Total debt$10.4B+10.6%
Total equity$19.5B+10.3%
Total assets$58.8B+5.0%

Cash flow

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Operating cash flow$1.5B+41.3%
CapEx$973.0M-17.0%
Free cash flow$522.0M+558%

Valuation

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Market cap$98.73B+55.3%
Enterprise value$104.98B+54.1%
P/E20.8×+5.0×
P/S3.7×+1.2×

Profitability

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Gross margin28.2%-1.1pp
Operating margin27.8%+1.5pp
Net margin18%+1.8pp
FCF margin6.2%-2.2pp

Returns & leverage

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Return on equity25.5%+2.3pp
Debt / equity0.5×0.0×
Current ratio2.4×+0.1×

Where this comes from

Calculated from Freeport-McMoRan Inc.’s reported figures.

Based on the most recent quarter.

The official record: Freeport-McMoRan Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freeport-McMoRan Inc.'s cash ratio?
Freeport-McMoRan Inc. (FCX) reported cash ratio of 0.7× in Q1 2026.
How has Freeport-McMoRan Inc.'s cash ratio changed year-over-year?
Freeport-McMoRan Inc.'s cash ratio decreased by 15.6% year-over-year, from 0.8× to 0.7×.
What is the long-term trend for Freeport-McMoRan Inc.'s cash ratio?
Over 5 years (2020 to 2025), Freeport-McMoRan Inc.'s cash ratio has grown at a -9.5% compound annual growth rate (CAGR), from 1.1× to 0.7×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.