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What is FCX's Inventory?

  Freeport-McMoRan Inc ( FCX ) |
1994 - 2021 (28 years)

Inventory is 
-$106.8M (1Y -269.4% )

FCX Stock Price & Inventory

Inventory for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Inventory

chevron_right 2021 -$17.0M -0.5x
( -2.7% / year avg)
chevron_left 1994 -$37.0M
vertical_align_top Peak $547.0M +1.73x *
vertical_align_bottom Bottom -$746.0M
arrow_drop_up # Up Years 10 10 of 28
years up.
arrow_drop_down # Down Years 18
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • FCX's stock price has rallied +111% from $7.73 in 1994 , or -0.23x the rate relative to it's inventory over the same period.
  • If FCX shrinks it's stock at the same rate as it's inventory (-2.7%/year) , it's stock price will shrink +76.1% and hit $12.44 over the next 10 years.
  • FCX's stock price has gone up 5 of the 10 years (+50%) it's inventory were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
  • FCX Historical Inventory Table
    in $ million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Inventory YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 $-17 -115.9% $16.36 80.4%
    4/1/2020 $107 -240.8% $9.07 -5.3%
    4/1/2019 $-76 -81.2% $9.58 -41.7%
    4/1/2018 $-405 -9.6% $16.42 47.5%
    4/1/2017 $-448 -181.9% $11.14 3.7%
    4/1/2016 $547 272.1% $10.74 -42.8%
    4/1/2015 $147 -130.1% $18.79 -40.3%
    4/1/2014 $-489 128.5% $31.45 19.2%
    4/1/2013 $-214 -71.3% $26.38 0.4%
    4/1/2012 $-746 11.3% $26.28 -36.3%
    4/1/2011 $-670 289.5% $41.24 52.7%
    4/1/2010 $-172 79.2% $27.0 29.2%
    4/1/2009 $-96 -85.1% $20.91 -52.1%
    4/1/2008 $-644 -263.5% $43.68 49.2%
    4/1/2007 $393 -232.1% $29.28 49.9%
    4/1/2006 $-298 1137.1% $19.54 67.2%
    4/1/2005 $-24 -67.9% $11.69 9.7%
    4/1/2004 $-75 389.1% $10.65 55.7%
    4/1/2003 $-15 -35.4% $6.84 11.7%
    4/1/2002 $-23 -178.1% $6.12 26.0%
    4/1/2001 $30 -161.3% $4.86 70.6%
    4/1/2000 $-49 -25.5% $2.85 -40.0%
    4/1/1999 $-66 -255.7% $4.75 -18.2%
    4/1/1998 $42 -17.6% $5.81 -33.8%
    4/1/1997 $52 154.9% $8.77 -9.7%
    4/1/1996 $20 -120.8% $9.71 25.6%
    4/1/1995 $-98 164.9% $7.73 0.0%
    4/1/1994 $-37 - $7.73 -

  • About
    Industry: Copper
    Sector: Basic Materials
    Country: US
    IPO Date: 5/5/1988
    Stonk Exchange: NYSE
    • Freeport-McMoRan, Inc
    • engages in the mining of copper, gold, and molybdenum.
    • The company is headquartered in Phoenix, Arizona and currently employs 26,800 full-time employees.
    • The firm operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer.
    • The firm's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
    • The firm's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.
    • S
    • ) Oil and Gas Operations
    • The firm has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines.
    • The firm's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.

  • Inventory represents the company's raw materials, work-in-progress goods and finished goods. Depending on the company, the exact makeup of the inventory account will differ. For example, a manufacturing firm will carry a large number of raw materials, while a retail firm carries none. The makeup of a retailer's inventory typically consists of goods purchased from manufacturers and wholesalers.

    For more detailed definitions, please see Investopedia.