Freeport-Mcmoran FCX
NYSE FCX
$72.54 -1.39 (-1.88%)
As of: Sep 3, 2026 · 10:44 AM EDT

Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026)

Freeport-Mcmoran (FCX) posted quarterly 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.

Analysis

Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026) Analysis & Trends

Freeport-Mcmoran (FCX) has reported Change in Inventory for 18 consecutive years, with -$201.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Inventory fell 240.56% year-over-year to -$201.0 million; the TTM figure through Mar 2026 stood at $365.0 million (down 56.91% YoY), while the FY2025 annual figure was $709.0 million, up 11.13% from the prior year.
  • Change in Inventory fell to -$201.0 million in Q1 2026 per FCX's latest filing, from $596.0 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $596.0 million in Q4 2025 and bottomed at -$201.0 million in Q1 2026.
  • Historically, Change in Inventory has averaged $152.5 million across 5 years, with a median of $135.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Change in Inventory jumped 1209.09% — and 2026, when it sank 240.56%.
  • Freeport-Mcmoran's Change in Inventory stood at $389.0 million in 2022, then plunged by 65.3% to $135.0 million in 2023, then surged by 149.63% to $337.0 million in 2024, then soared by 76.85% to $596.0 million in 2025, then plunged 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Inventory (Qtr)
1 Southern Copper 167.22 Bn 159.89 Bn 2.90 Bn 50.60 Mn
2 Freeport-Mcmoran 104.28 Bn 100.20 Bn 2.19 Bn 372.00 Mn
3 Trekor Metals 54.22 Bn 54.08 Bn 111.31 Mn -
4 Hudbay Minerals 10.86 Bn 9.81 Bn 269.00 Mn -
5 Ero Copper 3.59 Bn 3.48 Bn 121.42 Mn -
6 Ivanhoe Electric 1.57 Bn 1.57 Bn 368,000.00 -
Historic Data

Historic Data

Download Data
DateValue
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