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Current ratio at other companies

Southern Copper logo
Southern CopperSCCO
4.4×+0.7×
Newmont logo
NewmontNEM
2.4×+0.5×
Coeur Mining logo
Coeur MiningCDE
3.7×+1.8×
Nucor logo
NucorNUE
2.9×+0.4×
Royal Gold logo
Royal GoldRGLD
3.5×-1.2×
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
2.3×0.0×

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-16.2%
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$99.28B+55.3%
Enterprise value$105.53B+54.1%
P/E20.9×+5.1×
P/S3.8×+1.2×

Profitability

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

Returns & leverage

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Return on equity25.5%+2.3pp
Debt / equity0.5×0.0×

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 current ratio?
Freeport-McMoRan Inc. (FCX) reported current ratio of 2.4× in Q1 2026.
How has Freeport-McMoRan Inc.'s current ratio changed year-over-year?
Freeport-McMoRan Inc.'s current ratio increased by 2.7% year-over-year, from 2.3× to 2.4×.
What is the long-term trend for Freeport-McMoRan Inc.'s current ratio?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s current ratio has grown at a -0.3% compound annual growth rate (CAGR), from 9.6× to 9.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.