Fortescue Metals Group Ltd

Basic Materials US FSUMF

9.97USD
-0.33(3.20%)

Last update at 2025-03-28T14:44:00Z

Day Range

9.979.97

LowHigh

52 Week Range

11.3619.00

LowHigh

Fundamentals

Previous Close 10.30
Market Cap57311.89M
Volume250
P/E Ratio11.89
Dividend Yield6.13%
EBITDA9595.00M
Revenue TTM16871.00M
Revenue Per Share TTM5.49
Gross Profit TTM 9054.00M
Diluted EPS TTM1.56

Overview
Financials
Peer Comparison
Reports
Stock Research & News
Profile

Analyst Recommendations

The five-year decline in earnings for Fortescue ASX:FMG) isn't encouraging, but shareholders are still up 178% over that period
Mon 10 Mar 25, 04:26 AM
Fortescue First Half 2025 Earnings: Misses Expectations
Fri 21 Feb 25, 09:16 PM
Fortescue Profit Plunges as China’s Iron Ore Demand Declines
Wed 19 Feb 25, 11:17 PM
3 Top ASX Dividend Stocks To Enhance Your Portfolio
Fri 07 Feb 25, 04:01 AM
Vale Q4 Iron Ore Output Declines Y/Y, Copper & Nickel Rise
Wed 29 Jan 25, 03:24 PM
Fortescue to Buy Red Hawk Mining to Tap Western Australia Ore
Mon 27 Jan 25, 10:51 PM
Fortescue Ltd (ASX:FMG) is a favorite amongst institutional investors who own 53%
Sun 26 Jan 25, 10:02 PM
Fortescue’s Iron Ore Exports Edge Up With Guidance Unchanged
Wed 22 Jan 25, 11:35 PM
Exxon Sues California AG, Environmental Groups Over ‘Smear’
Tue 07 Jan 25, 08:28 PM
Here's What Fortescue's (ASX:FMG) Strong Returns On Capital Mean
Fri 03 Jan 25, 01:05 AM

Financials

Income Statement

Total Revenue

Net Income

Balancesheet

Total Assets

Total Liabilities

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30
Type	yearly	yearly	yearly	yearly	yearly
Date	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30
Income before tax	6886.00M	8846.00M	14722.00M	9747.92M	6515.04M
Minority interest	2.00M	-	8.00M	13.00M	13.00M
Net income	4798.00M	6197.00M	10295.00M	6899.32M	4544.42M
Selling general administrative	288.00M	68.00M	155.00M	166.11M	135.46M
Selling and marketing expenses	-	-	-	-	-
Gross profit	10671.00M	11001.00M	16783.00M	12265.77M	8601.17M
Reconciled depreciation	1744.00M	1528.00M	1366.00M	2039.92M	1705.40M
Ebit	8009.00M	9103.00M	15088.00M	6854.00M	4712.00M
Ebitda	8677.00M	10398.00M	16185.00M	11879.64M	8307.43M
Depreciation and amortization	-	-	-	-	-
Non operating income net other	-	-	-	-	0.00000M
Operating income	7916.00M	9024.00M	15094.00M	9967.94M	6716.10M
Other operating expenses	-2.00000M	-1.00000M	60.00M	30.00M	2.00M
Interest expense	47.00M	24.00M	97.00M	63.00M	61.00M
Tax provision	2090.00M	2649.00M	4427.00M	2848.61M	1970.63M
Interest income	149.00M	14.00M	16.00M	72.85M	37.07M
Net interest income	-126.00000M	-160.00000M	-224.00000M	-18.94215M	-49.90731M
Extraordinary items	-	-	-	-	0.00000M
Non recurring	-	-	-	-	0.00000M
Other items	-	-	-	-	0.00000M
Income tax expense	2090.00M	2649.00M	4427.00M	1955.00M	1382.00M
Total revenue	16780.00M	17312.00M	22231.00M	18617.22M	14206.47M
Total operating expenses	-	-	-	-	1885.07M
Cost of revenue	6109.00M	6311.00M	5448.00M	6351.45M	5605.30M
Total other income expense net	-904.00000M	-18.00000M	-148.00000M	103.45M	159.70M
Discontinued operations	-	-	-	-	0.00000M
Net income from continuing ops	4796.00M	6197.00M	10295.00M	6899.32M	4544.42M
Net income applicable to common shares	4798.00M	6197.00M	10295.00M	4735.00M	3187.00M
Preferred stock and other adjustments	-	-	-	-	0.00000M

Breakdown	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30
Type	yearly	yearly	yearly	yearly	yearly
Date	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30
Total assets	28218.00M	28375.00M	28383.00M	34092.96M	28082.13M
Intangible assets	104.00M	58.00M	10.00M	10.20M	8.56M
Earning assets	-	-	-	-	-
Other current assets	89.00M	123.00M	104.00M	71.00M	43.00M
Total liab	10220.00M	11030.00M	10648.00M	14795.28M	12965.92M
Total stockholder equity	17989.00M	17337.00M	17727.00M	19278.74M	15097.68M
Deferred long term liab	-	-	-	-	0.00000M
Other current liab	531.00M	569.00M	1814.00M	1468.00M	2056.00M
Common stock	1195.00M	1195.00M	1195.00M	1195.00M	1195.00M
Capital stock	1044.00M	1053.00M	1105.00M	1167.00M	1181.00M
Retained earnings	16775.00M	16175.00M	16576.00M	12002.00M	9365.00M
Other liab	2597.00M	2683.00M	2683.00M	2432.00M	2581.00M
Good will	195.00M	199.00M	-	-	0.00000M
Other assets	523.00M	499.00M	27.00M	21.00M	5.00M
Cash	4287.00M	5224.00M	6930.00M	7074.17M	2672.18M
Cash and equivalents	-	-	-	-	-
Total current liabilities	2467.00M	2417.00M	3880.00M	2795.00M	2646.00M
Current deferred revenue	-	-	-	-	-
Net debt	300.00M	124.00M	-	-	1505.00M
Short term debt	-	-	-	-	0.00000M
Short long term debt	59.00M	66.00M	38.00M	59.74M	54.19M
Short long term debt total	-	-	-	-	-
Other stockholder equity	170.00M	109.00M	46.00M	62.00M	42.00M
Property plant equipment	20974.00M	20650.00M	19387.00M	17073.00M	16071.00M
Total current assets	6085.00M	6899.00M	8959.00M	6297.00M	3612.00M
Long term investments	337.00M	70.00M	-	-	0.00000M
Net tangible assets	17690.00M	17080.00M	17717.00M	13224.00M	10582.00M
Short term investments	-	-	-	-	0.00000M
Net receivables	520.00M	468.00M	713.00M	543.00M	923.00M
Long term debt	4528.00M	5282.00M	3404.00M	6109.57M	4764.01M
Inventory	1189.00M	1084.00M	1212.00M	828.00M	772.00M
Accounts payable	984.00M	927.00M	1008.00M	623.00M	315.00M
Total permanent equity	-	-	-	-	0.00000M
Noncontrolling interest in consolidated entity	-	-	-	-	0.00000M
Temporary equity redeemable noncontrolling interests	-	-	-	-	0.00000M
Accumulated other comprehensive income	-	-	-	-	0.00000M
Additional paid in capital	-	-	-	-	0.00000M
Common stock total equity	-	-	-	-	0.00000M
Preferred stock total equity	-	-	-	-	0.00000M
Retained earnings total equity	-	-	-	-	0.00000M
Treasury stock	-	-	-	-	0.00000M
Accumulated amortization	-	-	-	-	0.00000M
Non currrent assets other	507.00M	475.00M	3.00M	27.68M	4.28M
Deferred long term asset charges	-	-	-	-	0.00000M
Non current assets total	22133.00M	21476.00M	19424.00M	24917.67M	22931.70M
Capital lease obligations	734.00M	755.00M	810.00M	1280.78M	817.05M
Long term debt total	-	-	-	-	0.00000M

Breakdown	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30
Type	yearly	yearly	yearly	yearly	yearly
Date	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30
Investments	-280.00000M	-61.00000M	-1.00000M	-9.00000M	57.00M
Change to liabilities	-270.00000M	-336.00000M	895.00M	-459.00000M	81.00M
Total cashflows from investing activities	-3115.00000M	-3070.00000M	-3627.00000M	-1968.00000M	-983.00000M
Net borrowings	-898.00000M	1766.00M	-951.00000M	720.00M	-29.00000M
Total cash from financing activities	-5001.00000M	-5099.00000M	-6893.00000M	-1281.00000M	-2392.00000M
Change to operating activities	54.00M	45.00M	49.00M	30.00M	29.00M
Net income	4798.00M	6197.00M	10295.00M	4735.00M	3187.00M
Change in cash	-937.00000M	-1706.00000M	2075.00M	2981.00M	1011.00M
Begin period cash flow	5224.00M	6930.00M	4855.00M	2730.58M	1230.57M
End period cash flow	4287.00M	5224.00M	6930.00M	7074.17M	2672.18M
Total cash from operating activities	7432.00M	6646.00M	12594.00M	6415.00M	4373.00M
Issuance of capital stock	-	-	-	-	-
Depreciation	1744.00M	1528.00M	1366.00M	1400.00M	1196.00M
Other cashflows from investing activities	11.00M	11.00M	-251.00000M	-21.00000M	3.00M
Dividends paid	-3922.00000M	-6699.00000M	-5684.00000M	-1925.00000M	1979.00M
Change to inventory	-94.00000M	-330.00000M	-384.00000M	-56.00000M	-276.00000M
Change to account receivables	-60.00000M	277.00M	-192.00000M	380.00M	-802.00000M
Sale purchase of stock	-151.00000M	-138.00000M	-121.00000M	-64.11190M	-183.94410M
Other cashflows from financing activities	-30.00000M	-28.00000M	-137.00000M	-32.00000M	-14.00000M
Change to netincome	1280.00M	341.00M	224.00M	74.00M	35.00M
Capital expenditures	2901.00M	2803.00M	3382.00M	1945.00M	1048.00M
Change receivables	-	-	-	-	0.00000M
Cash flows other operating	-	-	-	-	0.00000M
Exchange rate changes	-	-	-	-	0.00000M
Cash and cash equivalents changes	-	-	-	-	0.00000M
Change in working capital	-	-	-	-	-
Stock based compensation	-	-	-	-	-
Other non cash items	-	-	-	-	-
Free cash flow	4531.00M	3843.00M	9212.00M	6513.19M	4741.19M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company	Change (USD)	Price (USD)	Trailing PE (x)	Forward PE (x)	Price Sales TTM (x)	Price to Book Value (x)	Enterprise Value to Revenue (x)	Enterprise Value to EBITDA (x)
FSUMF Fortescue Metals Group Ltd	-0.33 3.20%	9.97	11.89	10.85	3.40	3.17	3.48	6.72
BHP BHP Group Limited	-0.665 1.34%	48.97	13.32	11.30	3.15	3.88	3.35	6.30
BHPLF BHP Group Limited	- -%	23.60	13.29	11.21	3.18	3.85	3.35	6.30
RTNTF Rio Tinto Group	-0.02 0.03%	76.10	17.11	11.85	2.81	2.79	2.88	7.27
RTPPF Rio Tinto Group	- -%	62.50	14.16	9.87	2.26	2.29	2.35	5.93

Reports Covered

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Profile

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It also develops and produces the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Argentina, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. 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 East Perth, Australia.

Fortescue Metals Group Ltd

87 Adelaide Terrace, East Perth, WA, Australia, 6004

61 8 6218 8888
https://www.fmgl.com.au

Key Executives

Name	Title	Year Born
Mr. Ian Wells	Chief Financial Officer	NA
Mr. Dino Otranto	Chief Operating Officer of Iron Ore	NA
Dr. John Andrew Henry Forrest A.O., AICD, AO, BA, FAusIMM	Founder & Exec. Chairman	1962
Mr. Andrew Driscoll	Gen. Mang. of Investor Relations	NA
Ms. Linda O'Farrell	Director of Fortescue People	NA
Mr. Eamon Harmon	Gen. Mang. of Exploration	NA
Mr. Cameron Wilson GAICD, LLB	Company Sec.	1967
Ms. Gemma Tually	Joint Company Sec. & Group Mang. of Legal	NA
Mr. Mark Thomas	Group Mang. of Procurement and Information Services	NA
Mr. Donald Bruce Hyma B.Sc., BSc, IED, M.Sc., MSc, P.Eng., PEng	Director of Projects	NA

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