Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026)
Freeport-Mcmoran (FCX) reported Change in Inventory of -$201.0 million for Q1 2026, down 240.56% year-over-year from $143.0 million in Q1 2025, and down 133.72% quarter-over-quarter from $596.0 million in Q4 2025.
Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has 18 years of Change in Inventory data on file, last reported at -$201.0 million in Q1 2026.
- Change in Inventory for Q1 2026 came in at -$201.0 million, down 240.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $365.0 million (down 56.91% YoY), and the FY2025 annual result was $709.0 million, up 11.13% from the prior year.
- Change in Inventory slipped to -$201.0 million in Q1 2026 per FCX's latest filing, from $596.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $596.0 million in Q4 2025 and troughed at -$201.0 million in Q1 2026.
- A 5-year average of $152.5 million and a median of $135.0 million in 2023 frame the typical range for Change in Inventory.
- The sharpest annual moves came in 2022 and 2026: Change in Inventory jumped 1209.09% in 2022, then sank 240.56% in 2026.
- A 5-year view of Change in Inventory shows it stood at $389.0 million in 2022, then tumbled by 65.3% to $135.0 million in 2023, then jumped by 149.63% to $337.0 million in 2024, then surged by 76.85% to $596.0 million in 2025, then tumbled by 133.72% to -$201.0 million in 2026.
- Business Quant data shows FCX's Change in Inventory at -$201.0 million in Q1 2026, $596.0 million in Q4 2025, and $51.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | -97.40 Mn |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | -201.00 Mn |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | - |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | - |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | - |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -201.00 Mn |
| Mar 31, 2026 | -201.00 Mn |
| Dec 31, 2025 | 596.00 Mn |
| Dec 31, 2025 | 596.00 Mn |
| Sep 30, 2025 | 51.00 Mn |
| Sep 30, 2025 | 51.00 Mn |
| Jun 30, 2025 | -81.00 Mn |
| Jun 30, 2025 | -81.00 Mn |
| Mar 31, 2025 | 143.00 Mn |
| Mar 31, 2025 | 143.00 Mn |
| Dec 31, 2024 | 337.00 Mn |
| Dec 31, 2024 | 337.00 Mn |
| Sep 30, 2024 | -40.00 Mn |
| Sep 30, 2024 | -40.00 Mn |
| Jun 30, 2024 | 407.00 Mn |
| Jun 30, 2024 | 407.00 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Dec 31, 2023 | 135.00 Mn |
| Dec 31, 2023 | 135.00 Mn |