Fortescue

Fortescue Net Debt/Equity

The Net Debt to Equity Ratio of Fortescue (FMG.AX) as of Oct 31, 2026 is 0.06. In the previous year, Net Debt to Equity Ratio was 0.03 — a change of 118.71% (higher).

Net Debt/Equity

0.06

YoY

118.71%

Last updated:

Net Debt to Equity Ratio of Fortescue is 2025 0.06 . Net Debt to Equity Ratio of Fortescue was 2024 0.03 . It decreases by 118.71% higher compared to the previous year.

The Fortescue Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2018
0.32 USD
Jan 1, 2019
0.20 USD
Jan 1, 2020
0.02 USD
Jan 1, 2021
-0.15 USD
Jan 1, 2022
0.05 USD
Jan 1, 2023
0.06 USD
Jan 1, 2024
0.03 USD
Jan 1, 2025
0.06 USD
The Fortescue Net Debt/Equity history
YEARNet Debt/EquityYoY
0.06+118.71%
0.03-56.30%
0.06+14.64%
0.05-133.59%
-0.15-986.28%
0.02-91.38%
0.20-38.55%
0.32+18.36%
0.27-55.92%
0.62-54.53%
1.36+32.01%
1.03—

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Fortescue Stock analysis

What does Fortescue do? 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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Fortescue stock

Net Debt to Equity Ratio of Fortescue is 0.06 in 2025.

Net Debt to Equity Ratio of Fortescue changed from 0.03 to 0.06, representing a 118.71% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Fortescue since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Fortescue with sector peers and the industry average to assess whether it is attractive.

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Leverage — Fortescue

All Key Metrics — Fortescue