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What is FCX's Long-term Debt?

  Freeport-McMoRan Inc ( FCX ) |
1994 - 2021 (28 years)

Long-term Debt is 
$39.2B (1Y -1.08% )

FCX Stock Price & Long-term Debt

Long-term Debt for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Long-term Debt

chevron_right 2021 $9.7B +13.0x
( +9.9% / year avg)
chevron_left 1994 $692.9M
vertical_align_top Peak $78.1B +111x
vertical_align_bottom Bottom $692.9M
arrow_drop_up # Up Years 12 12 of 28
years up.
arrow_drop_down # Down Years 16
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • FCX's stock price has rallied +111% from $7.73 in 1994 , or +0.01x the rate relative to it's long-term debt over the same period.
  • If FCX grows it's stock at the same rate as it's long-term debt (+9.9%/year) , it's stock price will grow +257% and hit $42.05 over the next 10 years.
  • FCX's stock price has gone up 5 of the 12 years (+41%) it's long-term debt were also up.
  • FCX Historical Long-term Debt Table
    in $ million
    Year Long-term Debt YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $9,677 -75.5% $16.36 80.4%
    4/1/2020 $39,457 -3.4% $9.07 -5.3%
    4/1/2019 $40,853 -9.4% $9.58 -41.7%
    4/1/2018 $45,072 -16.0% $16.42 47.5%
    4/1/2017 $53,635 -29.6% $11.14 3.7%
    4/1/2016 $76,146 -2.6% $10.74 -42.8%
    4/1/2015 $78,149 3.3% $18.79 -40.3%
    4/1/2014 $75,640 35.5% $31.45 19.2%
    4/1/2013 $55,808 243.2% $26.38 0.4%
    4/1/2012 $16,260 6.2% $26.28 -36.3%
    4/1/2011 $15,310 -38.2% $41.24 52.7%
    4/1/2010 $24,763 -22.1% $27.0 29.2%
    4/1/2009 $31,781 8.7% $20.91 -52.1%
    4/1/2008 $29,234 -5.1% $43.68 49.2%
    4/1/2007 $30,799 732.9% $29.28 49.9%
    4/1/2006 $3,697 -40.6% $19.54 67.2%
    4/1/2005 $6,229 -23.6% $11.69 9.7%
    4/1/2004 $8,157 -11.4% $10.65 55.7%
    4/1/2003 $9,207 44.6% $6.84 11.7%
    4/1/2002 $6,366 -19.2% $6.12 26.0%
    4/1/2001 $7,881 -2.8% $4.86 70.6%
    4/1/2000 $8,105 -25.3% $2.85 -40.0%
    4/1/1999 $10,856 51.8% $4.75 -18.2%
    4/1/1998 $7,151 -7.9% $5.81 -33.8%
    4/1/1997 $7,763 16.1% $8.77 -9.7%
    4/1/1996 $6,689 125.0% $9.71 25.6%
    4/1/1995 $2,972 329.0% $7.73 0.0%
    4/1/1994 $692 - $7.73 -

  • About
    Industry: Copper
    Sector: Basic Materials
    Country: US
    IPO Date: 5/5/1988
    Stonk Exchange: NYSE
    • Freeport-McMoRan, Inc
    • engages in the mining of copper, gold, and molybdenum.
    • The company is headquartered in Phoenix, Arizona and currently employs 26,800 full-time employees.
    • The firm operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer.
    • The firm's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
    • The firm's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.
    • S
    • ) Oil and Gas Operations
    • The firm has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines.
    • The firm's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.

  • Long Term Debt (LTD) is any amount of outstanding debt a company holds that has a maturity of 12 months or longer. It is classified as a non-current liability on the company's balance sheet. These statements are key to both financial modeling and accounting.

    For more detailed definitions, please see Investopedia.