Freeport-McMoRan Inc. Change in Inventories decreased by 133.7% to -$201.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 240.6%, from $143.00M to -$201.00M. Over 4 years (FY 2021 to FY 2025), Change in Inventories shows an upward trend with a 3.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase might signal preparation for a major product launch or, conversely, slowing demand and potential future write-downs.
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Consumer hardware companies aim for high inventory turnover to minimize the risk of product obsolescence.
change_in_inventories| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $74.00M | $11.00M | $308.00M | -$47.00M | $87.00M | $144.00M | $389.00M | $457.00M | $73.00M | $208.00M | $135.00M | -$66.00M | $407.00M | -$40.00M | $337.00M | $143.00M | -$81.00M | $51.00M | $596.00M | -$201.00M |
| QoQ Change | — | -85.1% | >999% | -115.3% | +285.1% | +65.5% | +170.1% | +17.5% | -84.0% | +184.9% | -35.1% | -148.9% | +716.7% | -109.8% | +942.5% | -57.6% | -156.6% | +163.0% | >999% | -133.7% |
| YoY Change | — | — | — | — | +17.6% | >999% | +26.3% | >999% | -16.1% | +44.4% | -65.3% | -114.4% | +457.5% | -119.2% | +149.6% | +316.7% | -119.9% | +227.5% | +76.9% | -240.6% |