Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026)
Freeport-Mcmoran's (FCX) quarterly Change in Inventory came in at $372.0 million in Q2 2026, up 559.26% year-over-year from $56.4 million in Q2 2025, and up 285.07% quarter-over-quarter from -$201.0 million in Q1 2026.
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Analysis
Freeport-Mcmoran (FCX) Change in Inventory (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Change in Inventory for 18 consecutive years, with $372.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Inventory rose 559.26% year-over-year to $372.0 million in Q2 2026; TTM through Jun 2026 was $818.0 million, a 127.86% increase from a year earlier, with the FY2025 full-year figure at $709.0 million, up 11.13% from the prior year.
- Change in Inventory was $372.0 million for Q2 2026 at Freeport-Mcmoran, up from -$201.0 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 $164.7 million and a median of $139.0 million in 2023 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory soared 1209.09% in 2022 and slumped 240.56% in 2026, its largest moves.
- Over 5 years, Change in Inventory stood at $389.0 million in 2022, then plunged by 65.3% to $135.0 million in 2023, then soared by 149.63% to $337.0 million in 2024, then jumped by 76.85% to $596.0 million in 2025, then plunged by 37.58% to $372.0 million in 2026.
- The last three Change in Inventory figures came in at $372.0 million (Q2 2026), -$201.0 million (Q1 2026), and $596.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 50.60 Mn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 131.00 Mn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 372.00 Mn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | -42.49 Mn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | - |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 377.00 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | - |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 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();