Fortescue (FMG.AX) Stock Price

Fortescue Price

🇦🇺ASX·CLOSED
14.71USD
Market closed
Today +/-
-0.20 USD
Today %
-1.38 %
PRO

Fortescue (FMG.AX) — ISIN AU000000FMG4. The Fortescue stock price was 14.71 USD in 2026. Revenue was 16.64 B USD. Earnings were 3.69 B USD. P/E ratio was 12.27. Fortescue operates in the Commodities sector.

Fortescue stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Fortescue over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Fortescue stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Fortescue's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Fortescue Stock Price History
DateFortescue Price
2/26/202614.71 USD
2/25/202614.92 USD
2/24/202614.25 USD
2/23/202614.18 USD
2/20/202614.20 USD
2/19/202614.34 USD
2/18/202614.30 USD
2/17/202614.22 USD
2/16/202614.38 USD
2/13/202615.00 USD
2/12/202615.35 USD
2/11/202615.60 USD
2/10/202615.24 USD
2/9/202615.41 USD
2/6/202615.00 USD
2/5/202615.23 USD
2/4/202615.30 USD
2/3/202615.05 USD

Fortescue Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
1 M USD
-5 M USD
-2 M USD
Jan 1, 2007
0 USD
158 M USD
-54 M USD
Jan 1, 2008
180 M USD
36 M USD
-2.25 B USD
Jan 1, 2009
1.83 B USD
451 M USD
508 M USD
Jan 1, 2010
3.22 B USD
1.12 B USD
581 M USD
Jan 1, 2011
5.44 B USD
1.92 B USD
1.02 B USD
Jan 1, 2012
6.68 B USD
2.61 B USD
1.56 B USD
Jan 1, 2013
8.12 B USD
2.87 B USD
1.75 B USD
Jan 1, 2014
11.75 B USD
4.6 B USD
2.73 B USD
Jan 1, 2015
8.57 B USD
978 M USD
317 M USD
Jan 1, 2016
7.08 B USD
1.85 B USD
984 M USD
Jan 1, 2017
8.45 B USD
3.44 B USD
2.09 B USD
Jan 1, 2018
6.89 B USD
1.84 B USD
879 M USD
Jan 1, 2019
9.97 B USD
4.71 B USD
3.19 B USD
Jan 1, 2020
12.82 B USD
6.89 B USD
4.74 B USD

Fortescue Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 4, 2026, 4:48 PM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
000000000000.181.833.225.446.688.1211.758.577.088.456.899.9712.8222.2817.3916.8718.2215.5416.6415.5115.415.414.8715.18
-75.00100.00-50.00200.00-33.33-50.00917.2275.8669.0122.7721.5444.74-27.05-17.3919.26-18.4744.6928.6573.82-21.96-2.988.00-14.707.08-6.78-0.710.01-3.492.07
160,975.00643,900.00643,900.0050.00100.00643,900.0066.67100.00643,900.0036.1126.2234.0149.3439.9036.7040.4213.3828.5042.1328.4248.6755.2169.5156.0153.6752.4041.4338.6941.5141.8141.8043.3142.43
6.446.446.446.44006.44006.446.440.070.481.12.692.672.984.751.152.023.561.964.857.0815.499.749.059.556.446.446.446.446.446.446.44
00000000-0-0-0.05-2.250.510.581.021.561.752.730.320.982.090.883.194.7410.36.24.85.683.373.692.922.872.62.412.33
100.002,600.004,068.52-122.5714.3776.0852.3911.9956.36-88.39210.41112.70-58.00262.5748.57117.42-39.81-22.5818.45-40.659.46-20.99-1.61-9.44-7.31-3.15
--------------0.060.110.110.290.070.210.640.331.472.515.112.962.502.811.570.861.441.42---
83.33163.64-75.86200.00204.76-48.44345.4570.75103.59-42.07-15.5412.40-44.13-45.2267.44-1.39
1.620.350.360.420.450.460.61.591.752.242.611.622.873.093.113.113.123.123.123.123.123.123.13.093.093.083.083.083.083.083.083.083.083.083.08
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Fortescue generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Fortescue retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Fortescue's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Fortescue has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Fortescue's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (B USD)
RECEIVABLES (M USD)
OTHER REC. (M USD)
INVENTORIES (B USD)
OTHER CURRENT LIAB. (M USD)
CURRENT ASSETS (B USD)
TANGIBLE ASSETS (B USD)
LONG-T. INVEST. (M USD)
LONG-T. REC. (M USD)
INTANGIBLE ASSETS (B USD)
GOODWILL (M USD)
OTHER NON-CURRENT ASSETS (B USD)
NON-CURRENT ASSETS (B USD)
TOTAL ASSETS (B USD)
LIABILITIES
COMMON STOCK (B USD)
ADDITIONAL PAID-IN CAPITAL (M USD)
RETAINED EARNINGS (B USD)
OTHER EQUITY (M USD)
UNREAL. GAINS/LOSSES (k USD)
EQUITY (B USD)
LIABILITIES (B USD)
PROVISIONS (M USD)
OTHER SHORT-TERM LIAB. (B USD)
SHORT-TERM DEBTS (M USD)
LONG-TERM DEBT PORTION (M USD)
SHORT-TERM REC. (B USD)
LONG-T. LIAB. (B USD)
DEFERRED TAXES (B USD)
OTHER LIAB. (B USD)
LONG-T. LIABILITIES (B USD)
DEBT (B USD)
TOTAL CAPITAL (B USD)
19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
                             
000000000.060.011.430.180.661.242.662.342.162.42.061.581.840.861.874.866.935.224.294.94.33
000000001004810915919526217153026821011389882475568362331429377
000010000101818256814080545831281104168145106189225159
000000000000.050.120.190.420.620.961.470.770.550.590.50.770.831.211.081.191.531.61
00000000002088857941522882922836945389243711041238981146
000000000.060.021.640.390.961.73.53.653.664.483.532.422.611.653.616.38.966.96.097.176.62
00000000.010.050.141.33.243.081.943.195.4317.1618.0717.7316.8716.4916.1916.0717.0719.3920.6520.9721.6822.34
000000000000000000000000070337364285
0000000011152144173765643322242416188
00000000000.010.030.031.541.935.950.040.070.040.020.0100.010.010.010.060.10.190.32
0000000000000000000000000199195195195
00000000000.181.30.330.120000.080.050.030.01000.0200.480.510.440.75
00000000.010.050.151.494.573.453.65.1311.4117.2118.2217.8316.9116.5116.216.0817.119.4221.4822.1322.923.9
00000000.010.110.173.124.964.415.38.6315.0620.8722.6921.3619.3419.1217.8519.6923.428.3828.3828.2230.0630.52
                             
0.0300.010.0100.010.010.010.070.110.491.031.231.281.31.291.291.291.291.31.291.291.21.21.21.21.21.21.2
00000000000000000000000000000
-0.04-0-0-0-0-0-0.01-0-0.01-0.01-0.07-2.61-0.30.281.142.444.086.286.237.098.438.439.4112.0616.6216.2816.9518.4818.93
1000000000234-77-77325-902000000000039
0000000000001,0001,0001,0001,000000000000000-75,000
00000000.010.070.10.42-1.570.851.482.433.765.297.577.528.399.729.7210.613.2617.8217.4818.1419.6720.09
0000000000000.060.060.240.620.370.40.180.190.230.270.320.281.010.950.981.041.06
00000000400000000166168167174150189260891748787317897
0000000000.010.060.190.370.360.671.240.842.551.191.181.670.722.062.071.810.540.531.140.55
00000000000000000000000000000
0000000000226343320467214283205154155931219786186167173165192220
000000000.010.010.280.540.750.891.122.141.413.271.691.632.21.242.652.83.882.422.472.692.73
000000000.040.052.255.72.252.514.478.2212.499.49.416.684.353.883.874.934.095.935.165.215.22
00000000000.150.180.2100.10.220.811.151.371.51.561.611.691.641.721.771.511.531.54
00000000000.040.110.350.430.510.730.871.281.351.121.271.390.890.790.970.911.091.111.07
000000000.040.052.435.992.812.945.079.1614.1611.8412.149.37.186.886.457.366.778.617.757.847.83
000000000.050.062.716.533.563.836.1911.315.5815.1113.8210.939.388.129.0910.1510.6511.0310.2210.5310.56
00000000.010.110.163.134.964.415.318.6315.0620.8622.6821.3519.3219.117.8419.723.4128.4728.5128.3630.230.65
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of Fortescue at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives Fortescue financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means Fortescue is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether Fortescue is strengthening or weakening its financial position.

 
NET INCOME (B USD)
DEPRECIATION (B USD)
DEFERRED TAXES (M USD)
CHANGES IN WORKING CAPITAL (M USD)
NON-CASH ITEM (B USD)
PAID INTEREST (M USD)
PAID TAXES (M USD)
NET CASH FLOW FROM OPERATING ACTIVITIES (B USD)
CAPITAL EXPENDITURES (M USD)
CASH FLOW FROM INVESTING ACTIVITIES (M USD)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M USD)
INTEREST INCOME AND EXPENSES (M USD)
NET DEBT CHANGE (B USD)
NET CHANGE IN EQUITY (M USD)
CASH FLOW FROM FINANCING ACTIVITIES (B USD)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (M USD)
TOTAL DIVIDENDS PAID (M USD)
NET CHANGE IN CASH FLOW (B USD)
FREE CASH FLOW (M USD)
SHARE-BASED COMPENSATION (M USD)
19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
00000000000000000000000010.36.24.800
0000000000000000000000001.371.531.7400
0000000000000000000000007158-26700
0000000-4-34-91-990-1,6869180000022192424481512144238174
000000000000000.010.010.010.030.0100.020.010.020.040.320.471.430.160.18
0000000000-120-216-190-20600000-599-412-392-254-235-216-214-349-343-326
000000000000000-123-695-150-52966-375-1,062-376-1,685-4,015-3,667-2,379-2,665-1,641
0000000-0.01-0.04-0.1-1.13-1.920.471.112.782.8136.252.042.454.261.64.376.4212.596.657.437.926.47
000000000-2-6-25-964-583-1,428-6,044-6,355-1,995-849-360-729-901-1,048-1,945-3,382-2,803-2,901-2,834-3,433
1-1000000-1-2-6133-741-583-1,480-5,990-6,166-1,392-726-358-715-936-983-1,968-3,627-3,070-3,115-2,811-3,919
200000000001582230-5254189603123214-3565-23-245-267-21423-486
00000000000000000000000000000
000000000.040.052.1700.04-0.011.443.654.1-3.09-0.16-2.7-2.45-0.47-0.030.72-0.951.77-0.9-0.15-0.15
00000008560334453453210-20-17-30-21-27-24-129-44-121-138-151-142-163
00000000.010.090.052.540.510.70.020.072.792.99-4.63-1.24-2.86-3.28-1.63-2.39-1.28-6.89-5.1-5-4.47-3.19
0000000000335620720-1,274-602-958-935-701-33-47-254-14-32-137-28-30-38-18
00000000000000-95-251-131-581-343-114-755-874-2,220-1,925-5,684-6,699-3,922-4,140-2,851
0-00000000.05-0.051.29-1.351.181.884.212.613.516.642.552.165.282.065.9911.2718.898.819.0811.317.69
-0.9-0.4-0.2-0.60.30.1-0.6-5.8-37.2-99-1,131.7-1,940.7-491.6523.81,350-3,236-3,3514,2531,1882,0863,5277003,3254,4709,2123,8434,5315,0853,041
00000000000000000000000000000

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Fortescue Stock Quarterly Figures

 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (B)
2006 Q12006 Q22007 Q12007 Q22008 Q12008 Q22010 Q12010 Q22017 Q42018 Q22018 Q42019 Q22019 Q42020 Q22020 Q42021 Q22021 Q42022 Q22022 Q42023 Q12023 Q22023 Q32023 Q42024 Q22024 Q42025 Q22025 Q42026 Q2e2026 Q4e2027 Q2e2027 Q4e2028 Q2e2028 Q4e
0000.030.05-0.050.60.593.963.683.213.546.436.496.349.3412.958.139.2707.844.529.049.518.717.647.98.367.887.597.187.697.54
67.74-186.54-1,424.44-1.51573.76-6.98-12.8010.3581.500.93-2.3147.3638.71-37.2514.03-42.34100.005.27-8.45-12.293.475.77-5.72-3.67-5.407.06-1.95
10,867.746,478.85-7,486.6730.548.0139.1733.5422.5429.9458.9954.9155.5267.0371.3054.0457.7449.7057.1057.1057.2447.1140.1942.6340.3042.7544.3846.9143.8244.69
3.373.373.373.373.373.370.180.051.551.230.721.063.793.563.526.269.234.395.351.953.892.585.165.454.13.073.373.373.373.373.373.373.37
-0-0-0.170.020.03-0.82-0.020.060.870.680.20.642.542.452.284.086.212.783.421.182.371.212.433.332.351.551.821.991.781.461.321.231.25
100.008,300.00-114.298.33-3,250.00-97.80-438.891,327.87-21.81-70.93225.25294.88-3.54-6.9778.9752.08-55.2923.15-65.38100.00-48.73100.1637.20-29.54-33.8917.199.29-10.36-17.95-10.12-6.391.30
-------------------1.73-1.07-----------
2.192.212.492.752.896.043.116.023.123.113.133.113.093.093.093.093.093.083.083.083.083.083.083.083.083.083.083.083.083.083.083.083.08
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Fortescue generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Fortescue retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Fortescue's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Fortescue has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Fortescue's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Unlock the full history with 30+ years of data and forecast estimates.

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Fortescue stock margins

The Fortescue margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Fortescue. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Fortescue.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
41.43 %
-500 %
-200 %
Jan 1, 2007
41.43 %
0 %
0 %
Jan 1, 2008
36.11 %
20 %
-1,250.56 %
Jan 1, 2009
26.22 %
24.63 %
27.74 %
Jan 1, 2010
34.01 %
34.88 %
18.04 %
Jan 1, 2011
49.34 %
35.26 %
18.8 %
Jan 1, 2012
39.9 %
39.1 %
23.33 %
Jan 1, 2013
36.7 %
35.34 %
21.5 %
Jan 1, 2014
40.42 %
39.13 %
23.23 %
Jan 1, 2015
13.38 %
11.41 %
3.7 %
Jan 1, 2016
28.5 %
26.09 %
13.89 %
Jan 1, 2017
42.13 %
40.69 %
24.78 %
Jan 1, 2018
28.42 %
26.78 %
12.76 %
Jan 1, 2019
48.67 %
47.29 %
31.98 %
Jan 1, 2020
55.21 %
53.74 %
36.93 %

Fortescue Stock Sales Revenue, EBIT, Earnings per Share

The Fortescue earnings per share therefore indicates how much revenue Fortescue has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2006
0 USD
-0 USD
-0 USD
Jan 1, 2007
0 USD
0.06 USD
-0.02 USD
Jan 1, 2008
0.11 USD
0.02 USD
-1.39 USD
Jan 1, 2009
0.64 USD
0.16 USD
0.18 USD
Jan 1, 2010
1.04 USD
0.36 USD
0.19 USD
Jan 1, 2011
1.75 USD
0.62 USD
0.33 USD
Jan 1, 2012
2.15 USD
0.84 USD
0.5 USD
Jan 1, 2013
2.61 USD
0.92 USD
0.56 USD
Jan 1, 2014
3.77 USD
1.47 USD
0.88 USD
Jan 1, 2015
2.75 USD
0.31 USD
0.1 USD
Jan 1, 2016
2.27 USD
0.59 USD
0.32 USD
Jan 1, 2017
2.71 USD
1.1 USD
0.67 USD
Jan 1, 2018
2.21 USD
0.59 USD
0.28 USD
Jan 1, 2019
3.22 USD
1.52 USD
1.03 USD
Jan 1, 2020
4.15 USD
2.23 USD
1.53 USD

Fortescue business model

Fortescue Metals Group Ltd is an Australian company that operates in the mining industry and is headquartered in Perth. It was founded by Andrew Forrest in 2003 and has since become one of the largest mining conglomerates in Australia.

Fortescue SWOT Analysis

Strengths

Fortescue Metals Group Ltd (FMG) possesses several key strengths:

  • Strong market position as one of the largest iron ore producers globally.
  • Diverse and high-quality iron ore product portfolio.
  • Vertically integrated operations, including exploration, mining, processing, and shipping.
  • Cost-efficient operations resulting from innovative mining methods.
  • Strong financial performance and healthy cash flows.

Weaknesses

FMG faces certain weaknesses that could hinder its growth:

  • Dependence on iron ore prices, which are subject to market volatility.
  • Reliance on China as the primary customer, making FMG vulnerable to changes in Chinese demand.
  • Limited geographical diversification, with operations primarily focused in Australia.
  • Environmental concerns and potential regulatory challenges related to mining activities.
  • High capital expenditures required for expanding production capacity.

Opportunities

FMG can leverage the following opportunities to enhance its position:

  • Rising global demand for iron ore driven by infrastructure development and steel production.
  • Exploration and acquisition of new mining sites to expand resource base.
  • Investment in technology and innovation to optimize operations and increase efficiency.
  • Diversification into other commodities, such as lithium or copper, to mitigate dependence on iron ore.
  • Expansion into new markets beyond China, such as India and Southeast Asia.

Threats

FMG should be cautious regarding the following potential threats:

  • Fluctuations in global iron ore prices due to economic downturns or changes in supply and demand.
  • Intensifying competition from other major iron ore producers.
  • Geopolitical risks and trade tensions impacting international commodity markets.
  • Stringent environmental regulations affecting mining operations.
  • Possible disruptions in shipping and logistics due to natural disasters or political instability.

Fortescue Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Fortescue historical P/E ratio, EBIT multiple, and P/S ratio

Fortescue annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Fortescue shares outstanding

The number of shares was Fortescue in 2025 — This indicates how many shares 3.08 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
2.24 B base_Shares
Jan 1, 2007
2.61 B base_Shares
Jan 1, 2008
1.62 B base_Shares
Jan 1, 2009
2.87 B base_Shares
Jan 1, 2010
3.09 B base_Shares
Jan 1, 2011
3.11 B base_Shares
Jan 1, 2012
3.11 B base_Shares
Jan 1, 2013
3.12 B base_Shares
Jan 1, 2014
3.12 B base_Shares
Jan 1, 2015
3.12 B base_Shares
Jan 1, 2016
3.12 B base_Shares
Jan 1, 2017
3.12 B base_Shares
Jan 1, 2018
3.12 B base_Shares
Jan 1, 2019
3.1 B base_Shares
Jan 1, 2020
3.09 B base_Shares

Fortescue stock splits

In Fortescue's history, there have been no stock splits.

Fortescue Dividend History

15 years of dividend payments

YearAnnual DividendYoY ChangePayments
20251.57USD 44.2%
Feb 26, 20250.71USD 43.8%1/2
Sep 1, 20250.86USD 20.0%2/2
20242.81USD 12.6%
20232.5USD 15.5%

Fortescue dividend history and estimates

In 2025, Fortescue paid a dividend amounting to 1.57 USD. Dividend means that Fortescue distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Invalid Date
0.09 USD
-0.03 USD
0 USD
Jan 1, 2012
0.11 USD
0 USD
0 USD
Invalid Date
0.14 USD
-0.03 USD
0 USD
Jan 1, 2014
0.29 USD
0 USD
0 USD
Jan 1, 2015
0.07 USD
0 USD
0 USD
Jan 1, 2016
0.21 USD
0 USD
0 USD
Jan 1, 2017
0.64 USD
0 USD
0 USD
Jan 1, 2018
0.33 USD
0 USD
0 USD
Jan 1, 2019
1.47 USD
0 USD
0 USD
Jan 1, 2020
2.51 USD
0 USD
0 USD
Jan 1, 2021
5.11 USD
0 USD
0 USD
Jan 1, 2022
2.96 USD
0 USD
0 USD
Jan 1, 2023
2.5 USD
0 USD
0 USD
Jan 1, 2024
2.81 USD
0 USD
0.86 USD
Jan 1, 2025
1.57 USD
0 USD
0 USD

Fortescue dividend payout ratio

In 2025, Fortescue had a payout ratio of 151.26%. The payout ratio indicates the percentage of the company's profits that Fortescue distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
154.88 %
Jan 1, 2007
154.88 %
Jan 1, 2008
154.88 %
Jan 1, 2009
154.88 %
Jan 1, 2010
154.88 %
Jan 1, 2011
26.41 %
Jan 1, 2012
22.86 %
Jan 1, 2013
25.51 %
Jan 1, 2014
32.47 %
Jan 1, 2015
70.3 %
Jan 1, 2016
67.88 %
Jan 1, 2017
95.91 %
Jan 1, 2018
116.72 %
Jan 1, 2019
143.07 %
Jan 1, 2020
164.09 %

Current Fortescue forecasts and price targets in March 2026

Δ MOM Price Target
3.81 %
Buynull % (0)
Hold47.62 % (10)
Sell52.38 % (11)
12M Price Target
14.81
Last Price
Currency
USD
12M Return Potential
0 %
LTM Return
0 %

Fortescue Earnings Estimates

Fortescue Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/13/20240.85USD9.14 BUSD2024 Q2

EESG©

Eulerpool ESG Scorecard© for the Fortescue stock

79/100
83
Environment
99
Social
56
Governance
E

Environment

20
Scope 1 - Direct Emissions2,360,000
Scope 2 - Indirect emissions from purchased energy370,000
Scope 3 - Indirect emissions within the value chain269,310,000
Total CO₂ emissions2,720,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees24
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Fortescue shareholders

% Name
36.72904%
Forrest (John Andrew Henry)
Forrest (John Andrew Henry)
7.40212%
Valin Investments (Singapore) Pte. Ltd.
Valin Investments (Singapore) Pte. Ltd.
3.02065%
Emichrome Pty. Ltd.
Emichrome Pty. Ltd.
1.65890%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.45731%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.32797%
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.
1.22963%
Valin Resources Investments (Singapore) Pte. Ltd.
Valin Resources Investments (Singapore) Pte. Ltd.
0.71983%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.55996%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.37296%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
...

Fortescue Executives and Management Board

MH

Mr. Mark Hutchinson

Chief Executive Officer of Fortescue Energy

Compensation3.31 M USD
DO

Mr. Dino Otranto

Chief Executive Officer - Fortescue Metals

Compensation2.72 M USD
MB

Mr. Mark Barnaba

(60)

Independent Deputy Non-Executive Chairman of the Board

Compensation830,300 USD
AP

Ms. Apple Paget

Group Chief Financial Officer

Compensation753,038 USD
EG

Ms. Elizabeth Gaines

(59)

Executive Director and Global Ambassador of Fortescue · since 2013

Compensation692,992 USD

Fortescue Supply Chain

Fortescue Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
MACA
Supplier
0,69
0,54
0,10
0,55
0,52
2
0,73
-0,03
-0,04
0,42
0,51
3
Worley
Supplier
-0,06
0,62
0,40
0,40
0,43
4
Iwatani Corp
Supplier
0,04
-0,58
-0,38
-0,25
0,43
5
Plug Power
Supplier
0,74
0,04
-0,38
-0,40
0,42
#Name1M3M6M1Y2YTrend
1
0,42
-0,34
-0,42
0,18
2
Civmec
Supplier
-0,04
-0,05
-0,10
0,20
3
0,69
0,77
0,40
-0,21
4
0,65
0,51
0,03
0,27
-0,24
5
JSW Energy
Supplier
0,92
0,40
0,28
-0,73
-0,22

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Most common questions regarding Fortescue

Fortescue Metals Group Ltd operates as an Australian iron ore company. Its business model revolves around the exploration, development, production, and sale of iron ore products internationally. Fortescue Metals Group Ltd owns significant mining assets in the Pilbara region of Western Australia. The company's strategic focus is on maintaining low-cost operations, ensuring efficient transportation of ore, and delivering high-quality iron ore to its customers. Through innovative infrastructure and logistics solutions, Fortescue Metals Group Ltd has established itself as one of the world's leading iron ore producers, contributing to the global steel industry's growth and development.

All fundamentals about Fortescue

Our stock analysis for Fortescue Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortescue Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.