Fortescue Ltd

ASX:FMG Stock Report

Market Cap: AU$56.1b

Fortescue Future Growth

Future criteria checks 0/6

Fortescue's revenue and earnings are forecast to decline at 5.5% and 27% per annum respectively. EPS is expected to decline by 27.1% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

-27.0%

Earnings growth rate

-27.1%

EPS growth rate

Metals and Mining earnings growth10.6%
Revenue growth rate-5.5%
Future return on equity12.1%
Analyst coverage

Good

Last updated30 Dec 2024

Recent future growth updates

Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report

Feb 25
Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report

Recent updates

Insufficient Growth At Fortescue Ltd (ASX:FMG) Hampers Share Price

Dec 11
Insufficient Growth At Fortescue Ltd (ASX:FMG) Hampers Share Price

We Think The Compensation For Fortescue Ltd's (ASX:FMG) CEO Looks About Right

Oct 30
We Think The Compensation For Fortescue Ltd's (ASX:FMG) CEO Looks About Right

Fortescue (ASX:FMG) Reports USD 5.7B Net Profit, Declares AUD 0.89 Dividend Amid Strong Financial Health

Sep 18
Fortescue (ASX:FMG) Reports USD 5.7B Net Profit, Declares AUD 0.89 Dividend Amid Strong Financial Health

Are Investors Undervaluing Fortescue Ltd (ASX:FMG) By 40%?

Sep 12
Are Investors Undervaluing Fortescue Ltd (ASX:FMG) By 40%?

Fortescue Ltd's (ASX:FMG) 26% Dip In Price Shows Sentiment Is Matching Earnings

Aug 15
Fortescue Ltd's (ASX:FMG) 26% Dip In Price Shows Sentiment Is Matching Earnings

A Look At The Fair Value Of Fortescue Ltd (ASX:FMG)

Apr 11
A Look At The Fair Value Of Fortescue Ltd (ASX:FMG)

Here's Why Fortescue (ASX:FMG) Can Manage Its Debt Responsibly

Mar 27
Here's Why Fortescue (ASX:FMG) Can Manage Its Debt Responsibly

Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital

Mar 11
Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital

Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report

Feb 25
Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report

Earnings and Revenue Growth Forecasts

ASX:FMG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/202714,5972,5422,8155,07114
6/30/202615,2413,2382,6795,88415
6/30/202515,4373,5422,5366,26015
6/30/202418,2205,6835,0857,919N/A
3/31/202418,3845,7255,3478,287N/A
12/31/202318,5485,7675,6098,654N/A
9/30/202317,7105,2835,0708,043N/A
6/30/202316,8714,7984,5317,432N/A
3/31/202316,9865,2934,6317,445N/A
12/31/202217,1005,7884,7317,458N/A
9/30/202217,2455,9934,2877,052N/A
6/30/202217,3906,1973,8436,646N/A
3/31/202219,2327,5935,5318,483N/A
12/31/202121,0748,9887,21810,320N/A
9/30/202121,6799,6428,21511,457N/A
6/30/202122,28410,2959,21212,594N/A
3/31/202118,9778,3317,05510,153N/A
12/31/202015,6706,3664,8977,711N/A
9/30/202014,2455,5514,6847,063N/A
6/30/202012,8204,7354,4706,415N/A
3/31/202012,8654,8664,8206,477N/A
12/31/201912,9104,9965,1706,539N/A
9/30/201911,4384,0924,2485,456N/A
6/30/20199,9653,1873,3254,373N/A
3/31/20198,3572,0152,2263,256N/A
12/31/20186,7488421,1262,138N/A
9/30/20186,8188619131,870N/A
6/30/20186,8878797001,601N/A
3/31/20187,2611,216N/A2,206N/A
12/31/20177,6341,552N/A2,810N/A
9/30/20178,0411,823N/A3,533N/A
6/30/20178,4472,093N/A4,256N/A
3/31/20178,3391,990N/A3,731N/A
12/31/20168,2311,887N/A3,206N/A
9/30/20167,6571,436N/A2,826N/A
6/30/20167,083984N/A2,446N/A
3/31/20167,072645N/A2,338N/A
12/31/20157,060305N/A2,229N/A
9/30/20157,817311N/A2,133N/A
6/30/20158,574317N/A2,037N/A
3/31/20159,656832N/A2,772N/A
12/31/201410,7381,347N/A3,507N/A
9/30/201411,2462,039N/A4,878N/A
6/30/201411,7532,730N/A6,248N/A
3/31/201411,2112,856N/A6,210N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FMG's earnings are forecast to decline over the next 3 years (-27% per year).

Earnings vs Market: FMG's earnings are forecast to decline over the next 3 years (-27% per year).

High Growth Earnings: FMG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: FMG's revenue is expected to decline over the next 3 years (-5.5% per year).

High Growth Revenue: FMG's revenue is forecast to decline over the next 3 years (-5.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FMG's Return on Equity is forecast to be low in 3 years time (12.1%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 06:16
End of Day Share Price 2024/12/31 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Fortescue Ltd is covered by 41 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HarrowellAPP Securities Pty Ltd.
Russell WrightBarclay Pearce Capital Pty Limited
Ephrem RaviBarclays