Freeport-McMoRan Inc. Value added and other tax receivables decreased by 2.9% to $666.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.9%, from $565.00M to $666.00M. Over 2 years (FY 2023 to FY 2025), Value added and other tax receivables shows an upward trend with a 22.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase may indicate delays in government processing or higher operational spending subject to VAT, while a decrease indicates successful collection.
This represents tax credits or refunds due to the company from government authorities, primarily related to value-added...
Common in multinational mining companies operating in jurisdictions with complex VAT or indirect tax regimes.
current_assets_value_added_tax_receivable_current| Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $455.00M | $570.00M | $564.00M | $565.00M | $474.00M | $548.00M | $686.00M | $666.00M |
| QoQ Change | — | +25.3% | -1.1% | +0.2% | -16.1% | +15.6% | +25.2% | -2.9% |
| YoY Change | — | — | +24.0% | — | — | -3.9% | +21.6% | +17.9% |