Stock Analysis on Net

Freeport-McMoRan Inc. (NYSE:FCX)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Freeport-McMoRan Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Accounts payable and accrued liabilities
Accrued income taxes
Current portion of debt
Current portion of environmental and asset retirement obligations
Dividends payable, common stock
Current liabilities
Long-term debt, less current portion
Environmental and asset retirement obligations, less current portion
Deferred income taxes
Long-term operating leases, less current portion
Other liabilities
Noncurrent liabilities
Total liabilities
Common stock
Capital in excess of par value
Retained earnings (accumulated deficit)
Accumulated other comprehensive loss
Common stock held in treasury
Stockholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


The balance sheet exhibits a significant strengthening of the equity position and a gradual increase in total liabilities over the analyzed period. Total liabilities and equity grew from 43,643 million US dollars in March 2021 to 58,840 million US dollars by March 2026, reflecting a steady expansion of the corporate capital base.

Liability Profile and Debt Trends
Total liabilities experienced a moderate upward trajectory, rising from 24,070 million US dollars in March 2021 to 27,329 million US dollars in March 2026. Current liabilities fluctuated between 4,611 million and 6,345 million US dollars, with peaks often coinciding with increases in accounts payable and accrued liabilities.
Long-term debt remained relatively stable, oscillating between approximately 8.2 billion and 10 billion US dollars, suggesting a disciplined approach to long-term borrowing. However, a notable increase is observed in environmental and asset retirement obligations, which rose from a combined total of approximately 4.05 billion US dollars in March 2021 to over 5.9 billion US dollars by March 2026, indicating rising long-term remediation liabilities.
Equity Evolution and Retained Earnings
The most prominent shift occurs within stockholders' equity, which grew from 10,920 million US dollars in March 2021 to 19,505 million US dollars by March 2026. This growth is primarily driven by a dramatic reversal in retained earnings. The company moved from a substantial accumulated deficit of 10,963 million US dollars in March 2021 to a positive retained earnings balance of 2,050 million US dollars by March 2026, signaling a period of sustained profitability.
Total equity, including noncontrolling interests, climbed from 19,573 million US dollars to 31,511 million US dollars. This expansion was supported by a gradual increase in noncontrolling interests, which rose from 8,653 million to 12,006 million US dollars over the period.
Capital Management and Shareholder Returns
A consistent increase in common stock held in treasury is observed, growing from 3,777 million US dollars in March 2021 to 6,117 million US dollars in March 2026. This suggests a systematic program of share repurchases executed alongside the accumulation of retained earnings.
The capital in excess of par value showed a slight downward trend, decreasing from 26,080 million US dollars to 23,713 million US dollars, which is consistent with the impact of treasury stock acquisitions.