Freeport-McMoRan (MEX:FCX) Effective Interest Rate on Debt %: 4.37% (As of Mar. 2026)

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MEX:FCX Freeport-McMoRan Inc MEX:FCX
82 GF Score
Price MXN1,073.00
GF Value MXN847.50
Valuation Modestly Overvalued
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What is Freeport-McMoRan Effective Interest Rate on Debt %?

Freeport-McMoRan MEX:FCX -0.19% 82 Effective Interest Rate on Debt % is 4.37% as of Mar. 2026. GuruFocus rates MEX:FCX with a GF Score™ of 82/100 and a GF Value™ of MXN847.50 (Modestly Overvalued).

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Freeport-McMoRan's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was MXN8,223 Mil. Freeport-McMoRan's average total debt for the quarter that ended in Mar. 2026 was MXN188,237 Mil. Therefore, Freeport-McMoRan's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.37%.


Freeport-McMoRan  (MEX:FCX) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Freeport-McMoRan Effective Interest Rate on Debt % Related Terms


Freeport-McMoRan Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Freeport-McMoRan's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Freeport-McMoRan Effective Interest Rate on Debt % Chart

Freeport-McMoRan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.20 5.28 4.59 3.59 3.39

Freeport-McMoRan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.90 3.37 4.55 4.41 4.37

MEX:FCX vs SCCO, IE, COPRD: Effective Interest Rate on Debt % Comparison

For the Copper subindustry, Freeport-McMoRan's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Freeport-McMoRan Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Freeport-McMoRan's Effective Interest Rate on Debt % falls into.


MEX:FCX
82GF Score
Freeport-McMoRan Inc MEX:FCX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Freeport-McMoRan Effective Interest Rate on Debt % Calculation

Freeport-McMoRan's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -6644.103/( (203092.806+188915.804)/ 2 )
=-1  *  -6644.103/196004.305
=3.39 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=200193.864 + 2898.942
=203092.806

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=178670.561 + 10245.243
=188915.804

Freeport-McMoRan's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -8222.912/( (188915.804+187558.113)/ 2 )
=-1  *  -8222.912/188236.9585
=4.37 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=178670.561 + 10245.243
=188915.804

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=178541.763 + 9016.35
=187558.113

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.37% mean?
Freeport-McMoRan (MEX:FCX) has a Effective Interest Rate on Debt % of 4.37% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Effective Interest Rate on Debt % too high?
Freeport-McMoRan's current Effective Interest Rate on Debt % is 4.37%. Overall, Freeport-McMoRan has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Effective Interest Rate on Debt % compare to SCCO and IE?
Freeport-McMoRan's Effective Interest Rate on Debt % of 4.37% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Effective Interest Rate on Debt % is 4.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freeport-McMoRan stock overvalued right now?
Based on GuruFocus' analysis, Freeport-McMoRan (MEX:FCX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN847.50, compared to a current price of MXN1,073.00 — trading 26.6% above its estimated fair value. The current Effective Interest Rate on Debt % is 4.37%. Freeport-McMoRan's overall GF Score™ is 82/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Freeport-McMoRan (MEX:FCX), the current Effective Interest Rate on Debt % is 4.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Freeport-McMoRan (MEX:FCX) Overvalued in 2026?

Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued. The current stock price of MXN1,073.00 is trading 26.6% above its estimated GF Value™ of MXN847.50. GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.

Key valuation signals for MEX:FCX:

  • Effective Interest Rate on Debt %: 4.37%
  • GF Value™: MXN847.50 vs. price of MXN1,073.00 (26.6% above fair value)
  • GF Score™: 82/100

No single metric tells the full story. See the MEX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freeport-McMoRan Business Description

Address 4340 East. Cotton Center boulevard, Suite 110, Phoenix, AZ, USA, 85040-8852
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
82GF Score

Get the complete analysis for MEX:FCX

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,073.00
Price
MXN847.50
GF Value