YOLFTbeta
Fortescue Ltd

Fortescue Ltd

FMG · AU · Basic Materials / Other Industrial Metals & Mining

14.85AUD-0.20 (-1.33%)

Price History

Full chart

Market Stats

Previous Close15.05
Open14.88
Day Range14.83 – 15.00
52-Week Range14.06 – 22.53
Volume8.07M
Market Cap43.69B
P/E (TTM)10.36
Forward P/E13.61
EPS1.37
Dividend Yield7.50%
Beta0.83
50-Day Avg16.11
200-Day Avg19.04

About

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; power system integrating solar and wind generation, battery energy storage systems, firming capability, and high voltage transmission infrastructures. The also company focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technology development and manufacturing. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in Perth, Australia.

Company Details

  • SectorBasic Materials
  • IndustryOther Industrial Metals & Mining
  • CEOMr. Agustin Pichot B.Sc.
  • Employees15.74K
  • Headquarters256 St Georges Terrace, Perth, WA, Australia, 6000, Australia
  • Websitehttps://www.fortescue.com

Leadership

  • Dr. John Andrew Henry Forrest A.O., AICD, BA, FAusIMMFounder & Executive Chairman of the Board · b. 1962
  • Ms. Apple PagetGroup Chief Financial Officer
  • Mr. Agustin Pichot B.Sc.Chief Executive Officer of Growth & Energy
  • Mr. Dino OtrantoChief Executive Officer of Fortescue Metals
  • Mr. Andrew DriscollDirector of Corporate Finance
  • Mr. Philip James McKeiverChief General Counsel
  • Ben KuchelDirector of Marketing
  • Ms. Navdeep GillCompany Secretary

Financials

Income Statement

Currency: USD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue2.68M26.84K---------1.64M692.06K414.28K669.64K781.67K1.01M456.93K-184.68M1.46B2.71B5.82B6.76B8.12B11.75B8.57B7.08B8.45B6.89B9.96B12.82B22.28B17.39B16.87B18.22B15.54B16.97B
Growth (%)--99.00%-----------57.80%-40.14%+61.64%+16.73%+29.08%-54.72%--+692.58%+85.40%+114.48%+16.19%+20.07%+44.74%-27.05%-17.39%+19.26%-18.47%+44.69%+28.65%+73.82%-21.96%-2.98%+8.00%-14.70%+9.17%
Cost of Revenue-----------118.00K281.26K515.67K1.12M519.57K645.11K525.83K-108.96M1.07B1.68B2.31B3.28B5.14B7.00B7.43B5.06B4.89B4.93B5.12B5.74B6.79B7.65B7.82B8.67B9.10B10.15B
Gross Profit2.04M26.84K----------410.80K123.19K181.28K262.10K363.41K168.93K-83.40M761.54M1.30B3.51B3.49B2.98B4.75B1.15B2.02B3.56B1.96B4.85B7.08B15.49B9.74B9.05B9.55B6.44B6.81B
Gross Margin75.96%100.00%----------59.36%29.74%27.07%33.53%36.02%36.97%-45.16%52.03%47.82%60.37%51.57%36.70%40.42%13.38%28.50%42.13%28.42%48.67%55.21%69.51%56.01%53.67%52.40%41.43%40.14%
Operating Expense-693.00K-29.16K----------548.80K679.19K1.31M1.06M1.64M5.28M-35.39M227.57M269.21M1.35B556.50M181.00M150.00M146.00M97.00M107.00M102.00M124.00M177.00M544.00M741.00M2.03B1.06B1.23B2.30B
Operating Income2.73M56.00K-13.04K-8.94K-24.81K-63.34K-394.00K-226.00K-3.08M-146.00K-418.00K-244.00K-138.00K-556.00K-1.12M-800.00K-1.28M-5.11M-16.82M48.02M533.97M1.03B2.17B2.93B2.80B4.60B1.00B1.92B3.45B1.85B4.73B6.90B14.95B9.00B7.02B8.49B5.21B4.51B
Operating Margin101.83%208.67%----------14.88%-19.94%-134.21%-167.85%-102.35%-126.86%-1118.78%-26.00%36.48%37.90%37.21%43.34%34.47%39.15%11.67%27.14%40.87%26.93%47.43%53.83%67.07%51.75%41.61%46.59%33.51%26.59%
EBITDA-3.62M-220.66K-852.00K-213.17K-24.81K361.23K2.27K-644.00K11.99K-146.00K-418.00K-244.00K-209.22K-504.32K-1.12M-745.40K-1.47M5.42M146.18M291.50M1.25B1.13B1.92B3.07B3.24B5.53B2.38B3.15B4.68B3.12B5.91B8.12B16.33B10.50B9.60B10.51B7.51B8.16B
EBITDA Margin-135.01%-822.23%----------14.88%-30.23%-121.73%-167.85%-95.36%-146.05%1186.58%-157.84%85.45%41.62%33.03%45.47%39.93%47.01%27.72%44.40%55.39%45.30%59.29%63.35%73.27%60.39%56.87%57.69%48.30%48.13%
Net Income-3.71M-238.00K-852.00K-213.17K-180.00K361.23K-398.00K-644.00K126.05K-146.00K-209.00K30.35K369.56K-168.00K-834.00K295.97K-637.00K-2.15M-49.19M-2.41B508.04M580.95M1.02B1.56B1.75B2.73B317.00M984.00M2.09B879.00M3.19B4.74B10.29B6.20B4.80B5.68B3.37B2.87B
Net Income Margin-138.34%-886.84%---------1.85%53.40%-40.55%-124.54%37.86%-63.13%-469.66%--1303.55%34.71%21.41%17.57%23.05%21.50%23.23%3.70%13.89%24.78%12.76%31.98%36.93%46.20%35.64%28.44%31.19%21.70%16.92%
R&D--------2.82M--875.00K151.28K-------52.55M71.30M51.40M---------104.00M354.00M553.00M495.00M551.00M391.00M
R&D as % of Total Revenue-----------53.35%21.86%-------3.59%2.63%0.88%---------0.47%2.04%3.28%2.72%3.55%2.30%
Interest Expense89.09K00000000000000003.58M218.52M3.73B490.94M394.21M440.33M556.46M583.50M745.11M598.00M646.94M446.61M350.54M309.86M266.67M164.06M164.97M271.50M95.00M63.00M324.98M
Interest Expense % of Total Revenue3.33%0.00%---------0.00%0.00%0.00%0.00%0.00%0.00%784.15%-2018.14%33.54%14.53%7.57%8.23%7.19%6.34%6.97%9.13%5.29%5.09%3.11%2.08%0.74%0.95%1.61%0.52%0.41%1.92%

Balance Sheet

Currency: USD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets1.29M1.03M130.55K51.76K77.50K887.39K676.27K612.53K2.20M1.01M777.26K887.41K810.75K908.01K1.53M8.38M85.66M121.07M2.65B4.75B3.52B4.47B9.23B15.24B19.29B21.32B16.24B19.73B19.54B18.21B20.13B24.26B29.09B29.09B28.94B30.06B30.52B32.54B
Total Liabilities1.01M921.00K876.21K970.13K766.03K72.35K17.21K446.81K1.20M378.63K256.83K280.95K176.67K73.70K86.02K1.46M34.50M45.97M2.30B6.26B2.84B3.23B6.62B11.43B14.40B14.20B10.51B11.31B9.83B8.52B9.57B10.94B11.36B11.75B10.98B10.53B10.56B12.31B
Total Equity271.89K113.95K-745.66K-918.37K-688.53K815.04K659.06K165.72K1.00M629.45K520.42K606.47K634.08K834.30K1.45M6.92M51.15M75.09M356.91M-1.51B680.08M1.24B2.60B3.81B4.89B7.11B5.72B8.41B9.70B9.68B10.55B13.32B17.73B17.33B17.95B19.55B19.98B20.27B
Cash159.47K106.44K17.05K50.09K69.88K856.00K569.97K556.65K1.71M608.50K315.95K257.57K179.99K428.51K524.53K2.62M46.86M9.89M1.21B176.58M523.59M1.04B2.85B2.37B1.99B2.25B1.81B1.59B1.83B859.77M1.87B4.89B6.93B5.22B4.28B4.90B4.33B5.07B
Total Debt36.71K86.40K73.51K120.78K7.17K5.85K1.52K--358.76K205.88K9.93K----28.99M36.84M2.09B5.79B2.05B2.51B5.21B8.60B11.73B8.98B9.53B6.78B4.47B3.97B3.95B5.15B4.25B6.10B5.32B5.40B5.44B5.93B
Net Debt-122.75K-20.04K56.45K70.69K-62.72K-850.15K-568.45K-556.65K-1.71M-249.73K-110.07K-247.63K-179.99K-428.51K-524.53K-2.62M-17.87M26.95M883.71M5.62B1.53B1.47B2.36B6.23B9.74B6.73B5.47B5.20B2.63B3.10B2.07B259.65M-2.68B878.89M1.03B497.00M1.11B856.63M

Cash Flow

Currency: USD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow---168.70K-162.43K-153.57K-565.72K-254.45K-296.23K-130.36K-419.61K--228.98K325.49K93.92K--5.38M-36.62M-95.29M-1.22B-2.06B466.37M1.10B2.77B2.79B2.99B6.23B2.02B2.48B4.27B1.28B4.26B9.30B16.80B9.63B11.16B7.92B6.47B6.94B
Investing Cash Flow--2.94K40.63K-4.93K-26.60K-179.70K-258.67K927.28K-562.41K-296.63K-198.44K-169.87K-3.30K-28.10K-226.11K-1.24M-1.93M-5.60M137.43M-592.98M-491.47M-1.58B-6.06B-5.70B-1.31B-552.08M-367.04M-725.74M-889.18M-960.86M-1.97B-3.63B-3.07B-3.12B-2.81B-3.92B-3.71B
Financing Cash Flow--47.04K115.77K137.53K1.27M101.24K392.08K370.76K87.36K-430.50K-7.11K160.86K352.04K6.05M71.86M36.84M2.33B523.24M560.10M13.95M77.99M2.83B2.76B-4.35B-939.15M-2.91B-3.28B-1.30B-2.32B-1.28B-6.89B-5.10B-5.00B-4.46B-3.19B-2.53B
Capital Expenditure000000149.33K169.51K2.00M71.52K1.76K253.59K191.54K3.30K51.00K250.38K579.03K1.86M5.62M25.68M771.40M492.04M1.53B6.19B5.87B1.87B645.62M369.09M739.95M855.93M1.02B1.95B3.38B2.80B2.90B2.83B3.24B3.33B
Free Cash Flow---168.70K-162.43K-153.57K-565.72K-403.77K-465.74K-2.13M-491.13K-1.76K-482.56K133.95K90.61K-51.00K-5.63M-37.20M-97.15M-1.22B-2.08B-305.03M603.14M1.24B-3.40B-2.88B4.36B1.37B2.11B3.53B423.69M3.24B7.35B13.41B6.82B8.26B5.08B3.24B3.62B
Dividends Paid----------------------102.48M253.95M121.09M545.83M260.83M85.05M577.94M643.34M2.22B1.93B5.68B6.70B3.92B4.14B2.85B2.58B
FCF to OCF--100.00%100.00%100.00%100.00%158.69%157.22%1633.77%117.04%-210.75%41.15%96.48%-104.65%101.58%101.95%100.46%101.25%-65.40%55.07%44.79%-121.89%-96.21%69.92%67.99%85.11%82.68%33.11%75.96%79.08%79.86%70.88%74.00%64.21%49.98%52.08%
Dividend Paid to FCF----------------------8.27%-7.47%-4.20%12.53%19.02%4.03%16.36%151.84%68.59%26.19%42.38%98.18%47.50%81.42%88.10%71.48%

Earnings

Report DateFeb 18, 2010Feb 14, 2012Feb 19, 2014Aug 20, 2014Feb 17, 2015Aug 24, 2015Feb 24, 2016Aug 22, 2016Feb 22, 2017Aug 21, 2017Feb 21, 2018Aug 20, 2018Feb 17, 2021Apr 28, 2021Aug 29, 2021Oct 27, 2021Feb 15, 2022Apr 27, 2022Aug 29, 2022Nov 24, 2022Feb 15, 2023Apr 23, 2023Aug 28, 2023Oct 25, 2023Feb 21, 2024May 15, 2024Aug 27, 2024Oct 24, 2024Feb 19, 2025May 14, 2025Aug 26, 2025Oct 30, 2025Feb 25, 2026Feb 18, 2027Feb 25, 2027
EPS Estimate-0.24-0.310.46-0.160.130.400.520.420.170.770.002.060.000.980.001.020.000.600.000.870.000.980.000.720.000.450.000.590.000.64--
EPS Actual0.360.100.620.350.130.000.100.210.390.280.220.091.720.002.010.000.980.001.110.000.770.001.000.000.980.000.760.000.500.000.650.000.62--
Surprise--58.33%-11.32%-71.78%--37.50%61.54%-2.50%-46.15%-47.62%-49.71%122.84%--2.43%-0.00%-8.82%-28.33%-14.94%-0.00%-5.56%-11.11%-10.27%--3.13%--
TimingAfter-hoursAfter-hours-Pre-market------------After-hours-Pre-market-Pre-market-Pre-market-----After-hours-Pre-market----

Key Statistics & Ratios

Market Cap43.69B
Enterprise Value45.56B
Trailing P/E10.36
Forward P/E13.61
PEG Ratio0.06
Price / Sales2.58
Price / Book1.54
EPS1.37
Book Value9.38
Revenue (TTM)16.97B
Gross Profit (TTM)6.81B
EBITDA8.17B
Profit Margin16.92%
Operating Margin29.25%
Return on Equity14.23%
Return on Assets10.98%
Shares Outstanding3.08B
Shares Float1.58B
Beta0.83
Dividend Yield7.50%
Dividend Rate1.08
Payout Ratio1.74%

Ownership Breakdown

Institutions
24.61%
Insiders
48.84%
Retail / Other
26.55%

Top Institutional Holders

  • Hexavest Inc.
    229.96K0.01%

Top Fund Holders

  • Vanguard International Stock Index-Total Intl Stock Indx
    24.39M0.79%
  • Capital World Growth and Income Fund
    18.83M0.61%
  • Capital Income Builder, Inc.
    13.14M0.43%
  • Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund
    10.18M0.33%
  • Advisers Investment Tr-JOHCM International Select Fd
    9.37M0.30%
  • Income Fund of America Inc
    8.00M0.26%
  • iShares Core MSCI EAFE ETF
    7.58M0.25%
  • College Retirement Equities Fund-Global Equities Account
    6.94M0.23%
  • DFA International Core Equity Portfolio
    5.63M0.18%
  • iShares MSCI Eafe ETF
    5.60M0.18%

Dividends

20262×
0.46Sep 1, 20260.62Mar 2, 2026
20252×
0.60Sep 1, 20250.50Feb 26, 2025
20242×
0.89Sep 4, 20241.08Feb 28, 2024
20232×
1.00Sep 4, 20230.75Feb 27, 2023
20222×
1.21Sep 5, 20220.86Feb 28, 2022
20212×
2.11Sep 6, 20211.47Mar 1, 2021
20202×
1.00Aug 31, 20200.76Mar 2, 2020
20193×
0.24Sep 2, 20190.60May 22, 20190.30Feb 28, 2019
20182×
0.12Aug 31, 20180.11Mar 1, 2018
20172×
0.25Sep 1, 20170.20Mar 2, 2017
20162×
0.12Sep 2, 20160.03Mar 2, 2016
20151×
0.02Sep 3, 2015

Stock Splits

  • Dec 18, 200710:1
  • Mar 11, 19981.136:1
  • Feb 16, 19981:5
  • May 16, 19961.2297:1