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
DateValue
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