Freeport-Mcmoran (FCX) Asset Writedowns and Impairment (2009 - 2020)

Freeport-Mcmoran (FCX) has reported Asset Writedowns and Impairment for 9 consecutive years, with -$3.0 million the latest figure, recorded in Q3 2020.

• In Q3 2020, Asset Writedowns and Impairment fell 107.32% year-over-year to -$3.0 million; the TTM figure through Sep 2020 stood at $303.0 million (up 197.06% YoY), while the FY2025 annual figure was $64.0 million, down 7.25% from the prior year.
• Asset Writedowns and Impairment fell to -$3.0 million in Q3 2020 per FCX's latest filing, from $5.0 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $3.8 billion in Q1 2016 and bottomed at -$3.0 million in Q3 2020.
• Historically, Asset Writedowns and Impairment has averaged $337.4 million across 5 years, with a median of $25.0 million in 2016.
• Annual changes were most pronounced in 2019 — Asset Writedowns and Impairment surged 3850.0% — and 2020, when it tumbled 107.32%.
• Freeport-Mcmoran's Asset Writedowns and Impairment stood at $9.0 million in 2016, then retreated by 11.11% to $8.0 million in 2017, then slumped by 75.0% to $2.0 million in 2018, then soared by 3850.0% to $79.0 million in 2019, then plunged by 103.8% to -$3.0 million in 2020.
• Business Quant data shows FCX's Asset Writedowns and Impairment at -$3.0 million in Q3 2020, $5.0 million in Q2 2020, and $222.0 million in Q1 2020.