Fortescue Future Growth
Future criteria checks 0/6
Fortescue's revenue and earnings are forecast to decline at 6.5% and 18.6% per annum respectively. EPS is expected to decline by 19.1% per annum. Return on equity is forecast to be 16.2% in 3 years.
Key information
-18.6%
Earnings growth rate
-19.1%
EPS growth rate
| Metals and Mining earnings growth | 13.2% |
| Revenue growth rate | -6.5% |
| Future return on equity | 16.2% |
| Analyst coverage | Good |
| Last updated | 30 Apr 2024 |
Recent future growth updates
Recent updates
A Look At The Fair Value Of Fortescue Ltd (ASX:FMG)
Apr 11
Here's Why Fortescue (ASX:FMG) Can Manage Its Debt Responsibly
Mar 27Investors Shouldn't Overlook Fortescue's (ASX:FMG) Impressive Returns On Capital
Mar 11Analysts Have Made A Financial Statement On Fortescue Ltd's (ASX:FMG) Half-Year Report
Feb 25Fortescue Ltd's (ASX:FMG) Price Is Right But Growth Is Lacking
Dec 24Returns On Capital Are A Standout For Fortescue (ASX:FMG)
Dec 06Fortescue Metals Group (ASX:FMG) Has Announced That Its Dividend Will Be Reduced To $1.00
Aug 30Why We Like The Returns At Fortescue Metals Group (ASX:FMG)
Aug 27We Think Fortescue Metals Group (ASX:FMG) Can Stay On Top Of Its Debt
Jun 18Fortescue Metals Group Limited's (ASX:FMG) Intrinsic Value Is Potentially 23% Below Its Share Price
May 31Why The 33% Return On Capital At Fortescue Metals Group (ASX:FMG) Should Have Your Attention
Apr 05Here's Why Fortescue Metals Group (ASX:FMG) Can Manage Its Debt Responsibly
Mar 05Fortescue Metals Group's (ASX:FMG) Dividend Is Being Reduced To $0.75
Feb 17Is Fortescue Metals Group Limited (ASX:FMG) Worth AU$22.5 Based On Its Intrinsic Value?
Jan 30Returns on Capital Paint A Bright Future For Fortescue Metals Group (ASX:FMG)
Dec 14An Intrinsic Calculation For Fortescue Metals Group Limited (ASX:FMG) Suggests It's 23% Undervalued
Oct 29Is Fortescue Metals Group (ASX:FMG) Using Too Much Debt?
Oct 13Investors Shouldn't Overlook Fortescue Metals Group's (ASX:FMG) Impressive Returns On Capital
Sep 12Is Now The Time To Put Fortescue Metals Group (ASX:FMG) On Your Watchlist?
Jul 23A Look At The Intrinsic Value Of Fortescue Metals Group Limited (ASX:FMG)
Jul 08Is Fortescue Metals Group (ASX:FMG) A Risky Investment?
May 26With EPS Growth And More, Fortescue Metals Group (ASX:FMG) Is Interesting
Apr 13We Think Fortescue Metals Group (ASX:FMG) Can Manage Its Debt With Ease
Feb 17Here's Why I Think Fortescue Metals Group (ASX:FMG) Is An Interesting Stock
Jan 02Here's Why We Think Fortescue Metals Group (ASX:FMG) Is Well Worth Watching
Jul 30Fortescue Metals Group Limited (ASX:FMG) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jul 04These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely
Jun 21Returns On Capital Are A Standout For Fortescue Metals Group (ASX:FMG)
May 01Does This Valuation Of Fortescue Metals Group Limited (ASX:FMG) Imply Investors Are Overpaying?
Apr 03Does Fortescue Metals Group (ASX:FMG) Deserve A Spot On Your Watchlist?
Mar 21These 4 Measures Indicate That Fortescue Metals Group (ASX:FMG) Is Using Debt Safely
Mar 08What Type Of Shareholders Own The Most Number of Fortescue Metals Group Limited (ASX:FMG) Shares?
Feb 21Is Fortescue Metals Group Limited's (ASX:FMG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 06How Should Investors React To Fortescue Metals Group's (ASX:FMG) CEO Pay?
Jan 22These Trends Paint A Bright Future For Fortescue Metals Group (ASX:FMG)
Jan 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2026 | 15,776 | 4,062 | 3,436 | 6,466 | 14 |
| 6/30/2025 | 16,783 | 4,859 | 3,978 | 7,068 | 15 |
| 6/30/2024 | 18,455 | 6,166 | 4,892 | 8,115 | 15 |
| 12/31/2023 | 18,548 | 5,767 | 5,609 | 8,654 | N/A |
| 9/30/2023 | 17,710 | 5,283 | 5,070 | 8,043 | N/A |
| 6/30/2023 | 16,871 | 4,798 | 4,531 | 7,432 | N/A |
| 3/31/2023 | 16,986 | 5,293 | 4,631 | 7,445 | N/A |
| 12/31/2022 | 17,100 | 5,788 | 4,731 | 7,458 | N/A |
| 9/30/2022 | 17,245 | 5,993 | 4,287 | 7,052 | N/A |
| 6/30/2022 | 17,390 | 6,197 | 3,843 | 6,646 | N/A |
| 3/31/2022 | 19,232 | 7,593 | 5,531 | 8,483 | N/A |
| 12/31/2021 | 21,074 | 8,988 | 7,218 | 10,320 | N/A |
| 9/30/2021 | 21,679 | 9,642 | 8,215 | 11,457 | N/A |
| 6/30/2021 | 22,284 | 10,295 | 9,212 | 12,594 | N/A |
| 3/31/2021 | 18,977 | 8,331 | 7,055 | 10,153 | N/A |
| 12/31/2020 | 15,670 | 6,366 | 4,897 | 7,711 | N/A |
| 9/30/2020 | 14,245 | 5,551 | 4,684 | 7,063 | N/A |
| 6/30/2020 | 12,820 | 4,735 | 4,470 | 6,415 | N/A |
| 3/31/2020 | 12,865 | 4,866 | 4,820 | 6,477 | N/A |
| 12/31/2019 | 12,910 | 4,996 | 5,170 | 6,539 | N/A |
| 9/30/2019 | 11,438 | 4,092 | 4,248 | 5,456 | N/A |
| 6/30/2019 | 9,965 | 3,187 | 3,325 | 4,373 | N/A |
| 3/31/2019 | 8,357 | 2,015 | 2,226 | 3,256 | N/A |
| 12/31/2018 | 6,748 | 842 | 1,126 | 2,138 | N/A |
| 9/30/2018 | 6,818 | 861 | 913 | 1,870 | N/A |
| 6/30/2018 | 6,887 | 879 | 700 | 1,601 | N/A |
| 3/31/2018 | 7,261 | 1,216 | 1,341 | 2,206 | N/A |
| 12/31/2017 | 7,634 | 1,552 | 1,981 | 2,810 | N/A |
| 9/30/2017 | 8,041 | 1,823 | N/A | 3,533 | N/A |
| 6/30/2017 | 8,447 | 2,093 | N/A | 4,256 | N/A |
| 3/31/2017 | 8,339 | 1,990 | N/A | 3,731 | N/A |
| 12/31/2016 | 8,231 | 1,887 | N/A | 3,206 | N/A |
| 9/30/2016 | 7,657 | 1,436 | N/A | 2,826 | N/A |
| 6/30/2016 | 7,083 | 984 | N/A | 2,446 | N/A |
| 3/31/2016 | 7,072 | 645 | N/A | 2,338 | N/A |
| 12/31/2015 | 7,060 | 305 | N/A | 2,229 | N/A |
| 9/30/2015 | 7,817 | 311 | N/A | 2,133 | N/A |
| 6/30/2015 | 8,574 | 317 | N/A | 2,037 | N/A |
| 3/31/2015 | 9,656 | 832 | N/A | 2,772 | N/A |
| 12/31/2014 | 10,738 | 1,347 | N/A | 3,507 | N/A |
| 9/30/2014 | 11,246 | 2,039 | N/A | 4,878 | N/A |
| 6/30/2014 | 11,753 | 2,730 | N/A | 6,248 | N/A |
| 3/31/2014 | 11,211 | 2,856 | N/A | 6,210 | N/A |
| 12/31/2013 | 10,669 | 2,982 | N/A | 6,171 | N/A |
| 9/30/2013 | 9,395 | 2,364 | N/A | 4,588 | N/A |
| 6/30/2013 | 8,120 | 1,746 | N/A | 3,004 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FMG's earnings are forecast to decline over the next 3 years (-18.6% per year).
Earnings vs Market: FMG's earnings are forecast to decline over the next 3 years (-18.6% 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 (-6.5% per year).
High Growth Revenue: FMG's revenue is forecast to decline over the next 3 years (-6.5% 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 (16.2%).