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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 | AU$70.16B | 13.43 | 17.06% | 4.96% | -13.65% | -39.85% | |
68 Neutral | AU$2.82B | 14.40 | 7.84% | 1.04% | -4.84% | -30.61% | |
64 Neutral | AU$17.18B | 42.81 | 3.64% | 2.67% | 6.53% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | AU$15.56B | -75.83 | -5.63% | ― | -38.69% | -174.12% | |
58 Neutral | AU$11.23B | -12.21 | -26.55% | ― | -15.27% | -817.26% | |
49 Neutral | $6.64B | -6.94 | -35.65% | ― | -37.23% | -32433.33% |
Fortescue Metals Group Ltd Corporate Events
Fortescue Metals Group Ltd has announced its intention to acquire the remaining 64% of Alta Copper Corp’s shares, valuing the company at C$139 million. This acquisition aligns with Fortescue’s strategy to expand its copper portfolio and strengthen its presence in the critical minerals sector. The transaction offers a significant premium to Alta Copper’s shareholders and is supported by Alta Copper’s board. The acquisition will enable Fortescue to advance the Cañariaco Copper Project in Northern Peru, enhancing its industry positioning and operational capabilities.
The most recent analyst rating on (AU:FMG) stock is a Hold with a A$20.00 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
Fortescue Metals Group Ltd announced the cessation of certain securities, including 42,967 performance rights and 685 vested rights, due to unmet conditions and other reasons. This announcement may impact the company’s capital structure and could have implications for stakeholders regarding the company’s strategic financial management.
The most recent analyst rating on (AU:FMG) stock is a Sell with a A$19.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
Fortescue Metals Group Ltd announced the issuance of unquoted equity securities, including 8,078,505 performance rights and 233,412 SIP vested rights, as part of an employee incentive scheme. This move is likely aimed at enhancing employee engagement and retention, which could strengthen the company’s operational performance and competitive positioning in the mining sector.
The most recent analyst rating on (AU:FMG) stock is a Sell with a A$19.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
Fortescue Metals Group Ltd has released its FY25 Modern Slavery Statement, highlighting its ongoing efforts to combat modern slavery and enhance human rights practices across its operations and supply chain. The statement, which complies with both Australian and UK legislation, outlines key actions such as the launch of a new Sustainable Supply Chain Standard, enhanced due diligence procedures, and ethical recruitment initiatives. These efforts underscore Fortescue’s commitment to transparency and proactive measures in addressing modern slavery risks, particularly in high-risk areas like renewable technologies, ensuring that growth and the transition to green energy do not compromise human rights.
The most recent analyst rating on (AU:FMG) stock is a Sell with a A$19.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Hold with a A$19.30 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Hold with a A$17.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Sell with a A$16.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
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.
The most recent analyst rating on (AU:FMG) stock is a Sell with a A$16.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.