Fortescue Ltd

CHIA:FMG Stock Report

Market Cap: AU$57.4b

Fortescue Past Earnings Performance

Past criteria checks 6/6

Fortescue has been growing earnings at an average annual rate of 2.4%, while the Metals and Mining industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 7.8% per year. Fortescue's return on equity is 29%, and it has net margins of 31.2%.

Key information

2.4%

Earnings growth rate

2.4%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth rate7.8%
Return on equity29.0%
Net Margin31.2%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Fortescue makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CHIA:FMG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2418,2205,683512495
31 Mar 2418,3845,725509496
31 Dec 2318,5485,767505497
30 Sep 2317,7105,283482525
30 Jun 2316,8714,798458553
31 Mar 2316,9865,293357514
31 Dec 2217,1005,788256474
30 Sep 2217,2455,993244414
30 Jun 2217,3906,197231354
31 Mar 2219,2327,593245309
31 Dec 2121,0748,988258264
30 Sep 2121,6799,642238184
30 Jun 2122,28410,295218104
31 Mar 2118,9778,33121952
31 Dec 2015,6706,3662190
30 Sep 2014,2455,5511980
30 Jun 2012,8204,7351770
31 Mar 2012,8654,8661650
31 Dec 1912,9104,9961520
30 Sep 1911,4384,0921380
30 Jun 199,9653,1871240
31 Mar 198,3572,0151090
31 Dec 186,748842940
30 Sep 186,818861980
30 Jun 186,8878791020
31 Mar 187,2611,216960
31 Dec 177,6341,552890
30 Sep 178,0411,823980
30 Jun 178,4472,0931070
31 Mar 178,3391,990660
31 Dec 168,2311,887250
30 Sep 167,6571,436610
30 Jun 167,083984970
31 Mar 167,0726451600
31 Dec 157,0603052220
30 Sep 157,8173111840
30 Jun 158,5743171460
31 Mar 159,6568321430
31 Dec 1410,7381,3471400
30 Sep 1411,2462,0391450
30 Jun 1411,7532,7301500
31 Mar 1411,2112,8561650
31 Dec 1310,6692,9821790

Quality Earnings: FMG has high quality earnings.

Growing Profit Margin: FMG's current net profit margins (31.2%) are higher than last year (28.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FMG's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: FMG's earnings growth over the past year (18.4%) exceeds its 5-year average (2.4% per year).

Earnings vs Industry: FMG earnings growth over the past year (18.4%) exceeded the Metals and Mining industry 3.9%.

Return on Equity

High ROE: FMG's Return on Equity (29%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 05:09
End of Day Share Price 2024/12/17 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