Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026)
Freeport-Mcmoran (FCX) recorded Change in Inventory of $372 million in Q2 2026, compared with -$81 million a year earlier.
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Analysis
Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026) Analysis & Trends
On a TTM basis, Freeport-Mcmoran's Change in Inventory came in at $818 million as of Jun 30, 2026, up 127.9% year-over-year; for FY2025, it came in at $709 million, up 11.1% from FY2024.
- Across earlier years, Change in Inventory came in at $638 million in FY2024 (-26.9%), $873 million in FY2023 (+52.4%), $573 million in FY2022 (-7.3%) and $618 million in FY2021.
- Quarterly Change in Inventory has ranged from -$201 million in Q1 2026 to $596 million in Q4 2025 over the past five years.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 457.5% in Q2 2024, against a decline of 89.9% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -$201 million (Q1 2026), $596 million (Q4 2025) and $51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 168.53 Bn | 147.32 Bn | 2.90 Bn | 50.60 Mn |
| 3 | Rio Tinto | 143.53 Bn | 104.03 Bn | - | - |
| 4 | Newmont | 125.82 Bn | 93.82 Bn | 4.03 Bn | 131.00 Mn |
| 5 | Freeport-Mcmoran | 99.34 Bn | 83.39 Bn | 2.19 Bn | 372.00 Mn |
| 6 | Agnico Eagle Mines | 94.80 Bn | 84.43 Bn | 2.43 Bn | -42.49 Mn |
| 7 | Barrick Mining | 69.67 Bn | 44.87 Bn | 2.90 Bn | - |
| 8 | Nucor | 59.28 Bn | 48.66 Bn | 2.03 Bn | 377.00 Mn |
| 9 | ArcelorMittal | 48.15 Bn | 27.18 Bn | - | - |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 372.00 Mn |
| Mar 31, 2026 | -201.00 Mn |
| Dec 31, 2025 | 596.00 Mn |
| Sep 30, 2025 | 51.00 Mn |
| Jun 30, 2025 | -81.00 Mn |
| Mar 31, 2025 | 143.00 Mn |
| Dec 31, 2024 | 337.00 Mn |
| Sep 30, 2024 | -40.00 Mn |
| Jun 30, 2024 | 407.00 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Dec 31, 2023 | 135.00 Mn |
| Sep 30, 2023 | 208.00 Mn |
| Jun 30, 2023 | 73.00 Mn |
| Mar 31, 2023 | 457.00 Mn |
| Dec 31, 2022 | 389.00 Mn |
| Sep 30, 2022 | 144.00 Mn |
| Jun 30, 2022 | 87.00 Mn |
| Mar 31, 2022 | -47.00 Mn |
| Dec 31, 2021 | 308.00 Mn |
| Sep 30, 2021 | 11.00 Mn |
API Access
Freeport-Mcmoran Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "FCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();