Current Assets

Total Current Assets

Freeport-McMoRan Inc. Total Current Assets increased by 2.2% to $14.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $13.80B to $14.09B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 8.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$12.60B$13.79B$14.83B$15.30B$16.18B$15.37B$15.61B$14.75B$14.06B$14.08B$14.07B$14.84B$14.72B$14.55B$13.30B$13.80B$13.64B$13.56B$13.79B$14.09B
QoQ Change+9.5%+7.5%+3.2%+5.8%-5.0%+1.6%-5.6%-4.7%+0.1%-0.1%+5.5%-0.8%-1.2%-8.6%+3.8%-1.2%-0.5%+1.7%+2.2%
YoY Change+28.4%+11.5%+5.3%-3.6%-13.1%-8.4%-9.9%+0.7%+4.7%+3.3%-5.5%-7.0%-7.4%-6.7%+3.7%+2.1%
Range$12.60B$16.18B
CAGR+2.4%
Avg YoY Growth-0.1%
Median YoY Growth-1.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Freeport-McMoRan Inc.'s total current assets?
Freeport-McMoRan Inc. (FCX) reported total current assets of $14.09B in Q1 2026.
How has Freeport-McMoRan Inc.'s total current assets changed year-over-year?
Freeport-McMoRan Inc.'s total current assets increased by 2.1% year-over-year, from $13.80B to $14.09B.
What is the long-term trend for Freeport-McMoRan Inc.'s total current assets?
Over 5 years (2020 to 2025), Freeport-McMoRan Inc.'s total current assets has grown at a 8.2% compound annual growth rate (CAGR), from $9.30B to $13.79B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.