Freeport-McMoRan (LIM:FCX) Interest Expense: $-413 Mil (TTM As of Mar. 2026)


LIM:FCX Freeport-McMoRan Inc LIM:FCX
81 GF Score
Price $59.23
GF Value $47.57
Valuation Modestly Overvalued
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What is Freeport-McMoRan Interest Expense?

Freeport-McMoRan LIM:FCX -2.58% 81 Interest Expense is $-413 Mil as of Mar. 2026. GuruFocus rates LIM:FCX with a GF Score™ of 81/100 and a GF Value™ of $47.57 (Modestly Overvalued).

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Freeport-McMoRan's interest expense for the three months ended in Mar. 2026 was $ -114 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-413 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Freeport-McMoRan's Operating Income for the three months ended in Mar. 2026 was $ 1,438 Mil. Freeport-McMoRan's Interest Expense for the three months ended in Mar. 2026 was $ -114 Mil. Freeport-McMoRan's Interest Coverage for the quarter that ended in Mar. 2026 was 12.61. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Freeport-McMoRan  (LIM:FCX) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Freeport-McMoRan's Interest Expense for the three months ended in Mar. 2026 was $-114 Mil. Its Operating Income for the three months ended in Mar. 2026 was $1,438 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $9,901 Mil.

Freeport-McMoRan's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1438/-114
=12.61

* 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.

The higher the ratio, the stronger the company's financial strength is.

Freeport-McMoRan Interest Expense Historical Data

* Premium members only.

The historical data trend for Freeport-McMoRan's Interest Expense 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 Interest Expense Chart

Freeport-McMoRan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -602.00 -560.00 -515.00 -319.00 -369.00

Freeport-McMoRan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -70.00 -82.00 -107.00 -110.00 -114.00
LIM:FCX
81GF Score
Freeport-McMoRan Inc LIM:FCX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Freeport-McMoRan Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-413 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-413 Mil mean?
Freeport-McMoRan (LIM:FCX) has a Interest Expense of $-413 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Interest Expense too high?
Freeport-McMoRan's current Interest Expense is $-413 Mil. Overall, Freeport-McMoRan has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Interest Expense compare to SCCO and IE?
Freeport-McMoRan's Interest Expense of $-413 Mil 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 Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Freeport-McMoRan and its competitors. Freeport-McMoRan's current Interest Expense is $-413 Mil. 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 (LIM:FCX) is currently considered Modestly Overvalued. The stock's GF Value™ is $47.57, compared to a current price of $59.23 — trading 24.5% above its estimated fair value. The current Interest Expense is $-413 Mil. Freeport-McMoRan's overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Freeport-McMoRan (LIM:FCX), the current Interest Expense is $-413 Mil 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 (LIM:FCX) Overvalued in 2026?

Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued. The current stock price of $59.23 is trading 24.5% above its estimated GF Value™ of $47.57. GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.

Key valuation signals for LIM:FCX:

  • Interest Expense: $-413 Mil
  • GF Value™: $47.57 vs. price of $59.23 (24.5% above fair value)
  • GF Score™: 81/100

No single metric tells the full story. See the LIM: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.
81GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$59.23
Price
$47.57
GF Value