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Fortescue Metals Group Ltd
(Sydney:FMG)
Fortescue Metals Group Ltd (FMG) vs. iShares MSCI Australia ETF (EWA)
Fortescue Metals Group Ltd Business Overview & Revenue Model
Fortescue Metals Group Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.83B | 15.42B | 18.11B | 16.66B | 17.31B | 22.43B |
| Gross Profit | 6.31B | 8.75B | 11.53B | 8.74B | 9.74B | 15.51B |
| EBITDA | 7.96B | 7.56B | 10.52B | 8.68B | 10.40B | 16.18B |
| Net Income | 3.44B | 3.37B | 5.68B | 4.80B | 6.20B | 10.29B |
Balance Sheet | ||||||
| Total Assets | 30.52B | 30.52B | 30.06B | 28.94B | 29.09B | 29.09B |
| Cash, Cash Equivalents and Short-Term Investments | 4.33B | 4.33B | 4.90B | 4.28B | 5.22B | 6.93B |
| Total Debt | 5.44B | 5.44B | 5.40B | 5.31B | 6.10B | 4.25B |
| Total Liabilities | 10.56B | 10.56B | 10.53B | 10.98B | 11.75B | 11.36B |
| Stockholders Equity | 19.98B | 19.98B | 19.55B | 17.95B | 17.33B | 17.73B |
Cash Flow | ||||||
| Free Cash Flow | 3.20B | 3.24B | 5.08B | 4.44B | 3.62B | 9.17B |
| Operating Cash Flow | 6.46B | 6.47B | 7.92B | 7.31B | 6.27B | 12.58B |
| Investing Cash Flow | -3.92B | -3.92B | -2.81B | -3.08B | -2.91B | -3.69B |
| Financing Cash Flow | -3.17B | -3.19B | -4.46B | -4.91B | -4.81B | -6.80B |
Fortescue Metals Group Ltd Technical Analysis
Fortescue Metals Group Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $68.04B | 13.05 | 17.06% | 4.98% | -13.65% | -39.85% | |
68 Neutral | $2.77B | 14.56 | 7.84% | 0.96% | -4.84% | -30.61% | |
64 Neutral | £13.72B | 34.38 | 3.64% | 2.73% | 6.53% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | $12.23B | ― | -5.63% | ― | -38.69% | -174.12% | |
58 Neutral | $9.84B | ― | -26.55% | ― | -15.27% | -817.26% | |
56 Neutral | $5.25B | ― | -35.65% | ― | -37.23% | -32433.33% |
Fortescue Metals Group Ltd Corporate Events
Fortescue Metals Group Ltd held its Annual General Meeting where key executives, including Executive Chairman Dr. Andrew Forrest and CEOs Dino Otranto and Gus Pichot, addressed shareholders. The meeting, which was webcast, highlighted Fortescue’s ongoing strategies and operations, underscoring its commitment to growth and sustainability in the mining and energy sectors.
Fortescue Metals Group Ltd reported a record first quarter for FY26 with iron ore shipments reaching 49.7 million tonnes, a 4% increase from the previous year. The company has made significant strides in its decarbonization efforts, including the successful syndication of a Renminbi-denominated loan and the establishment of global partnerships to drive profitable decarbonization. Additionally, Fortescue has optimized its Hematite life of mine plan, incorporating the Blacksmith Project to maintain a low-cost, capital-efficient operation.
Fortescue Ltd announced the early results of its cash tender offers, increasing the total amount from US$600 million to US$750 million due to strong participation. The company upsized the tender cap for its 4.375% Senior Notes due 2031 to US$500 million and plans to purchase US$500 million of these notes and US$250 million of its 5.875% Senior Notes due 2030. This move reflects Fortescue’s strategic financial management and could enhance its liquidity position, potentially impacting its market standing positively.
Fortescue Metals Group Ltd announced the cessation of certain securities, specifically the lapse of 9,318 performance rights and 9,339 vested rights. This development may impact the company’s capital structure and could have implications for its stakeholders, as it reflects adjustments in the company’s financial management and strategic planning.
Fortescue Metals Group Ltd has announced the issuance, conversion, or payment up of unquoted equity securities, as detailed in their latest notification. This move indicates the company’s ongoing efforts to manage its equity structure effectively, which could impact its financial strategy and stakeholder interests.
Fortescue Ltd announced a tender offer to repurchase up to US$600 million of its outstanding notes, specifically targeting its 2030, 2031, and 2032 Senior Notes. This strategic move aims to manage the company’s debt profile and potentially improve its financial flexibility, with priority given to the 2031 Notes, followed by the 2030 and 2032 Notes, reflecting a structured approach to debt reduction.
Fortescue Metals Group Ltd has announced a change in the director’s interest notice for Dr. Larry Marshall, who has increased his direct interest in the company’s ordinary securities. The change, effective from September 26, 2025, was made through the Dividend Reinvestment Plan, resulting in Dr. Marshall acquiring an additional 707 ordinary shares, bringing his total holdings to 22,863 shares. This adjustment reflects the company’s ongoing commitment to align its leadership’s interests with shareholder value, potentially enhancing stakeholder confidence in its governance and operational strategies.
Fortescue Metals Group Ltd announced a change in the director’s interest notice, specifically for Director Mark Barnaba. The change involved the acquisition of additional securities through a Dividend Reinvestment Plan, increasing his direct and indirect holdings. This update reflects ongoing adjustments in the company’s governance and director’s investment strategies, potentially impacting shareholder perceptions and the company’s market positioning.
Fortescue Metals Group Ltd announced its strategic decarbonization partnerships during Climate Week NYC and the United Nations General Assembly. The company is forming global alliances with leading technology and manufacturing firms to accelerate industrial decarbonization and achieve its Real Zero target by 2030. These partnerships include collaborations with electric vehicle and battery manufacturer BYD, solar technology company LONGi, and other green energy innovators. Fortescue’s efforts are supported by research and development initiatives across the US, UK, and Australia, ensuring integration of cutting-edge technology into its operations and promoting global decarbonization.
Fortescue Metals Group Ltd has released its 2025 Climate Transition Plan, highlighting its ongoing commitment to sustainability and environmental responsibility. This plan is a strategic move to align with global climate goals, potentially enhancing Fortescue’s industry positioning and reassuring stakeholders of its dedication to reducing carbon emissions.
Fortescue Metals Group Ltd has updated its previous announcement regarding its Dividend Reinvestment Plan Allocation Price. This update pertains to the dividend distribution for the financial period ending on June 30, 2025, with a record date of September 2, 2025. The announcement reflects the company’s ongoing commitment to shareholder returns and could influence investor sentiment positively.
Fortescue Metals Group Ltd announced the allocation price for its Dividend Reinvestment Plan, set at $18.8233 per share for the 2025 final dividend. This price was determined based on the average market price of Fortescue shares over a specified trading period. The shares are expected to be issued to participants on 26 September 2025, aligning with the company’s strategic financial management and shareholder engagement efforts.