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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 160.11 Bn | 152.78 Bn | 2.90 Bn | 50.60 Mn |
| 2 | Freeport-Mcmoran | 98.76 Bn | 94.68 Bn | 2.19 Bn | 372.00 Mn |
| 3 | Hudbay Minerals | 10.99 Bn | 9.94 Bn | 269.00 Mn | - |
| 4 | Ero Copper | 3.75 Bn | 3.66 Bn | 105.91 Mn | - |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | - |
| 6 | Ivanhoe Electric | 1.75 Bn | 1.49 Bn | 368,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 372.00 Mn |
| Jun 30, 2026 | 372.00 Mn |
| 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 |