FMG Stock Overview
Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Community vs My Fair Value
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Iron Bridge And Green Initiatives Will Shape Future Prospects, Yet Falling Hematite Prices And Rising Costs May Challenge Earnings
Fortescue Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$16.27 |
| 52 Week High | AU$27.67 |
| 52 Week Low | AU$15.33 |
| Beta | 0.84 |
| 1 Month Change | -15.79% |
| 3 Month Change | -16.48% |
| 1 Year Change | -32.10% |
| 3 Year Change | -12.39% |
| 5 Year Change | 57.20% |
| Change since IPO | 64,980.00% |
Recent News & Updates
Recent updates
Fortescue (ASX:FMG) Might Become A Compounding Machine
Jan 17
Insufficient Growth At Fortescue Ltd (ASX:FMG) Hampers Share Price
Dec 11We Think The Compensation For Fortescue Ltd's (ASX:FMG) CEO Looks About Right
Oct 30Fortescue (ASX:FMG) Reports USD 5.7B Net Profit, Declares AUD 0.89 Dividend Amid Strong Financial Health
Sep 18Are Investors Undervaluing Fortescue Ltd (ASX:FMG) By 40%?
Sep 12Fortescue Ltd's (ASX:FMG) 26% Dip In Price Shows Sentiment Is Matching Earnings
Aug 15A Look At The Fair Value Of Fortescue Ltd (ASX:FMG)
Apr 11Here's Why Fortescue (ASX:FMG) Can Manage Its Debt Responsibly
Mar 27Shareholder Returns
| FMG | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 2.2% | 0.8% | -2.0% |
| 1Y | -32.1% | -7.6% | -0.4% |
Return vs Industry: FMG underperformed the Australian Metals and Mining industry which returned -7.6% over the past year.
Return vs Market: FMG underperformed the Australian Market which returned -0.4% over the past year.
Price Volatility
| FMG volatility | |
|---|---|
| FMG Average Weekly Movement | 4.9% |
| Metals and Mining Industry Average Movement | 10.0% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in AU Market | 15.6% |
| 10% least volatile stocks in AU Market | 3.4% |
Stable Share Price: FMG has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: FMG's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 15,642 | Dino Otranto | www.fortescue.com |
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 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.
Fortescue Ltd Fundamentals Summary
| FMG fundamental statistics | |
|---|---|
| Market cap | AU$50.02b |
| Earnings (TTM) | AU$6.18b |
| Revenue (TTM) | AU$25.92b |
8.1x
P/E Ratio1.9x
P/S RatioIs FMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMG income statement (TTM) | |
|---|---|
| Revenue | US$16.35b |
| Cost of Revenue | US$9.17b |
| Gross Profit | US$7.17b |
| Other Expenses | US$3.27b |
| Earnings | US$3.90b |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.27 |
| Gross Margin | 43.88% |
| Net Profit Margin | 23.85% |
| Debt/Equity Ratio | 25.3% |
How did FMG perform over the long term?
See historical performance and comparisonDividends
11.8%
Current Dividend Yield70%
Payout RatioDoes FMG pay a reliable dividends?
See FMG dividend history and benchmarks| Fortescue dividend dates | |
|---|---|
| Ex Dividend Date | Feb 26 2025 |
| Dividend Pay Date | Mar 27 2025 |
| Days until Ex dividend | 17 days |
| Days until Dividend pay date | 12 days |
Does FMG pay a reliable dividends?
See FMG dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/14 03:13 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fortescue Ltd is covered by 40 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Harrowell | APP Securities Pty Ltd. |
| Ephrem Ravi | Barclays |
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |