Debt to Equity
since 2005
Calculation
Freeport-McMoRan Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.56 | = | 9,422) | ÷ | 16,693) |
| Dec 31, 2022 | 0.68 | = | 10,620) | ÷ | 15,555) |
| Dec 31, 2021 | 0.68 | = | 9,450) | ÷ | 13,980) |
| Dec 31, 2020 | 0.95 | = | 9,711) | ÷ | 10,174) |
| Dec 31, 2019 | 1.06 | = | 9,826) | ÷ | 9,298) |
| Dec 31, 2018 | 1.14 | = | 11,141) | ÷ | 9,798) |
| Dec 31, 2017 | 1.64 | = | 13,117) | ÷ | 7,977) |
| Dec 31, 2016 | 2.65 | = | 16,027) | ÷ | 6,051) |
| Dec 31, 2015 | 2.61 | = | 20,428) | ÷ | 7,828) |
| Dec 31, 2014 | 1.04 | = | 18,970) | ÷ | 18,287) |
| Dec 31, 2013 | 0.99 | = | 20,706) | ÷ | 20,934) |
| Dec 31, 2012 | 0.20 | = | 3,527) | ÷ | 17,543) |
| Dec 31, 2011 | 0.23 | = | 3,537) | ÷ | 15,642) |
| Dec 31, 2010 | 0.38 | = | 4,755) | ÷ | 12,504) |
| Dec 31, 2009 | 0.70 | = | 6,346) | ÷ | 9,119) |
| Dec 31, 2008 | 1.27 | = | 7,351) | ÷ | 5,773) |
| Dec 31, 2007 | 0.40 | = | 7,211) | ÷ | 18,234) |
| Dec 31, 2006 | 0.28 | = | 680) | ÷ | 2,445) |
| Dec 31, 2005 | 0.68 | = | 1,256) | ÷ | 1,843) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Industry (Materials)
Freeport-McMoRan Inc., debt to equity, long-term trends, comparison to industry (materials)
| Freeport-McMoRan Inc. | Materials | |
|---|---|---|
| Dec 31, 2023 | 0.56 | 0.51 |
| Dec 31, 2022 | 0.68 | 0.51 |
| Dec 31, 2021 | 0.68 | 0.41 |
| Dec 31, 2020 | 0.95 | 0.45 |
| Dec 31, 2019 | 1.06 | 0.41 |
| Dec 31, 2018 | 1.14 | 0.43 |
| Dec 31, 2017 | 1.64 | 1.58 |
| Dec 31, 2016 | 2.65 | 2.31 |
| Dec 31, 2015 | 2.61 | 2.43 |
| Dec 31, 2014 | 1.04 | 1.18 |
| Dec 31, 2013 | 0.99 | 1.07 |
| Dec 31, 2012 | 0.20 | 0.46 |
| Dec 31, 2011 | 0.23 | 0.48 |
| Dec 31, 2010 | 0.38 | 0.56 |
| Dec 31, 2009 | 0.70 | 0.79 |
| Dec 31, 2008 | 1.27 | 1.27 |
| Dec 31, 2007 | 0.40 | 0.49 |
| Dec 31, 2006 | 0.28 | 0.55 |
| Dec 31, 2005 | 0.68 | 0.82 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).