Is it safe?
Can FCX take a bad year?
Freeport-McMoRan carries $5.31B of net debt at 0.58× EBITDA: a load its earnings can carry.
$5.31B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.58×
Net debt / EBITDA · 0.52× a year ago · the load is going up
- Altman Z-score
- 2.96
Altman Z-score · grey zone, between 1.8 and 3
- Debt / equity
- 0.47×
Debt / equity
Details›
- Total debtQ2 2026
- $9.39B
- Cash and short-term investments
- $4.08B
- Net debt
- $5.31B
- EBITDA, trailing twelve months
- $9.07B
- Operating profit, trailing twelve months
- $6.92B
- Debt / equity
- 0.47×
- Total debt / EBITDA
- 1.03×
- Annualised volatilitytwo years of daily moves
- 48%
- Worst drawdown on file
- −73%
- Below its 52-week high
- −1.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.