Fortescue Ltd (ASX:FMG)
Australia
· Delayed Price · Currency is AUD | Market Cap | 65.08B |
| Revenue (ttm) | 24.50B |
| Net Income (ttm) | 5.60B |
| Shares Out | 3.08B |
| EPS (ttm) | 1.82 |
| PE Ratio | 11.63 |
| Forward PE | 13.97 |
| Dividend | 1.10 (5.20%) |
| Ex-Dividend Date | Mar 2, 2026 |
| Volume | 13,305,260 |
| Average Volume | 6,810,798 |
| Open | 20.93 |
| Previous Close | 20.85 |
| Day's Range | 20.86 - 21.19 |
| 52-Week Range | 13.18 - 23.38 |
| Beta | 0.82 |
| RSI | 50.52 |
| Earnings Date | Feb 18, 2026 |
About Fortescue
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technology development and manufacturing. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 20... [Read more]
Financial Performance
In fiscal year 2025, Fortescue's revenue was $15.54 billion, a decrease of -14.70% compared to the previous year's $18.22 billion. Earnings were $3.37 billion, a decrease of -40.65%.
Financial numbers in USD Financial StatementsNews
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FMG admits misleading insurance charges after FMA investigation, pays back $5.3m to customers
FMG will pay $2.1m under an FMA-enforced undertaking, on top of refunds.
The empty warehouse at the core of a $66m hydrogen fight with Twiggy
Fortescue unceremoniously killed off its green hydrogen project last year, owing millions to the Queensland government.
FMG Acquires Testimonial iQ to Boost Advisor Online Reputation Management
The deal integrates compliant client feedback tools into FMG's platform, helping advisors improve local search rankings and AI visibility.
Mining stocks have been on a tear, with gold passing $5,000. Analysts are split on what's next
Investors have been bullish on mining stocks, led by gold and silver's surges. However, appetite has cooled over the past six months, according to a Citi note that shows 'Buy' ratings have dipped.
Statkraft and Fortescue renegotiate power agreement for Holmaneset green hydrogen and green ammonia project in Norway
(Oslo, Norway 15 December 2025) Statkraft and Fortescue have agreed to amend and extend the conditional power agreement currently in place for the Holmaneset project. Currently in the feasibility pha...
Australia's Fortescue to buy remaining stake in Alta Copper, valuing it at $101 million
Australia's Fortescue said on Monday it will buy the remaining 64% of Alta Copper in a deal implying a total equity value of C$139 million ($101 million) for the Toronto-listed copper miner.
Fortescue Ltd (FSUGY) Shareholder/Analyst Call Transcript
Fortescue Ltd (OTCQX:FSUGY) Shareholder/Analyst Call October 30, 2025 11:00 PM EDT Company Participants Navdeep Gill - Company Secretary Trevor Stack John Andrew Forrest - Founder & Executive Chairman...
Fortescue Announces Early Tender Results of Cash Tender Offers for Certain of Its Debt Securities
PERTH, Australia, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Fortescue Treasury Pty Ltd (formerly FMG Resources (August 2006) Pty Ltd) (the “Company”), an Australian corporation and a direct wholly owned subsi...
Fortescue Announces Offer to Purchase for Cash Certain of Its Debt Securities
PERTH, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Fortescue Treasury Pty Ltd (formerly FMG Resources (August 2006) Pty Ltd) (the “Company”), an Australian corporation and a direct wholly owned subsidiary of Fo...
Fortescue chairman Forrest doubles down on renewables in challenge to Trump
Australian miner Fortescue is experiencing strong interest in its decarbonization-related offerings, Executive Chairman Andrew Forrest said in an interview, as he challenged U.S. President Donald Trum...
Fortescue secures $2B loan, looks to tap China's rapid energy transition
Australian mining giant Fortescue has secured a nearly $2-billion loan to advance its decarbonization plans. Dino Otranto, CEO of metals and operations at Fortescue, talks about FMG's long-term sustai...
Australia's Fortescue secures yuan loan worth $2 billion for green energy plans
Australia's Fortescue said on Friday it had secured a yuan-denominated loan worth 14.2 billion Chinese yuan ($1.98 billion) to ramp up its decarbonisation plans, weeks after scrapping its U.S. and Aus...
Jim Cramer's 'Trump Discount' Proves Real—As ESG Bets Turn Toxic
The clean energy trade that once looked bulletproof is now melting under the weight of President Donald Trump 's climate rollbacks—and Jim Cramer's infamous "Trump discount" is playing out in real tim...
Fortescue's Forrest on Trump Tariffs, Deep-Sea Mining "Farce", Ocean Conservation
President Trump's tariffs are "not working", according to Australian mining executive Andrew Forrest, who has called for a return to free trade. Forrest, the executive chairman of Fortescue and founde...
Fortescue Energy CEO to Resign in Executive Overhaul
Mark Hutchinson will step down as Dino Otranto, who leads the miner's metals business, assumes an expanded role.
Fortescue's Billionaire Founder on Tariffs, Copper, Climate Change
Fortescue's Andrew Forrest discusses his outlook for the commodities sector in an interview with Bloomberg Television on the sidelines of the Boao Forum in China. The billionaire founder says the mini...
Fortescue's Andrew Forrest sees caution throughout China but no lack of optimism amid U.S. tariffs
Fortescue Executive Chairman Andrew Forrest says he sees a "firm" and "resolute" purpose when it comes to leadership in China.
Fortescue Energy CEO says green hydrogen cost is key as demand drops
Replacing fossil fuels with green hydrogen depends on creating demand by making it price competitive, as buyers are unwilling to pay "green premiums", Fortescue Energy CEO Mark Hutchinson told Reuters...
Fortescue: Weighed Down By Bleak Iron Ore Outlook, But Fundamentals Remain Strong
Fortescue delivered solid Q1 2025 results but is facing stiff headwinds from plunging iron ore prices. Iron ore demand is expected to decline amid softening steel consumption in China, Fortescue's pri...
Fortescue's Africa Iron Ore Ambitions Challenged by Gnarly Terrain
The Australian iron-ore giant is considering a big new mine in Gabon but first has to work out how it can transport the steel ingredient for export.
Fortescue Iron Ore Shipments, Costs Rise
The company reiterated an annual production forecast of between 190 million and 200 million tons for the year through June 2025.
Mining giant Fortescue says it's time to walk away from the 'proven fantasy' of net zero
Australian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says it is time for the world to walk away from the "proven fantasy" of net zero emissions by 2050 and to embrace ...
Fortescue CEO on $2.8 Billion Green Equipment Deal
Fortescue founder Andrew Forrest discusses zero emission mining solutions and says, “We're going to green iron ore within a few years.” He speaks on Bloomberg Television.
Fortescue: A Call Option On Rebounding Iron Ore Price
Fortescue's FY 2024 was strong with $5.66B net profit, but expect pricing pressure due to lower iron ore prices and higher capex this year. The company benefits from economies of scale but faces chall...