Fortescue Metals Group Past Earnings Performance
Past criteria checks 3/6
Fortescue Metals Group has been growing earnings at an average annual rate of 32.2%, while the Metals and Mining industry saw earnings growing at 30.5% annually. Revenues have been growing at an average rate of 22.2% per year. Fortescue Metals Group's return on equity is 33.8%, and it has net margins of 33.8%.
Key information
32.2%
Earnings growth rate
32.3%
EPS growth rate
| Metals and Mining Industry Growth | 30.5% |
| Revenue growth rate | 22.2% |
| Return on equity | 33.8% |
| Net Margin | 33.8% |
| Next Earnings Update | 28 Aug 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Fortescue Metals Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 22 | 17,100 | 5,788 | 256 | 474 |
| 30 Sep 22 | 17,245 | 5,993 | 244 | 414 |
| 30 Jun 22 | 17,390 | 6,197 | 231 | 354 |
| 31 Mar 22 | 19,232 | 7,593 | 252 | 389 |
| 31 Dec 21 | 21,074 | 8,988 | 258 | 264 |
| 30 Sep 21 | 21,679 | 9,642 | 238 | 184 |
| 30 Jun 21 | 22,284 | 10,295 | 218 | 104 |
| 31 Mar 21 | 18,977 | 8,331 | 219 | 52 |
| 31 Dec 20 | 15,670 | 6,366 | 219 | 0 |
| 30 Sep 20 | 14,245 | 5,551 | 198 | 0 |
| 30 Jun 20 | 12,820 | 4,735 | 177 | 0 |
| 31 Mar 20 | 12,865 | 4,866 | 165 | 0 |
| 31 Dec 19 | 12,910 | 4,996 | 152 | 0 |
| 30 Sep 19 | 11,438 | 4,092 | 138 | 0 |
| 30 Jun 19 | 9,965 | 3,187 | 124 | 0 |
| 31 Mar 19 | 8,357 | 2,015 | 109 | 0 |
| 31 Dec 18 | 6,748 | 842 | 94 | 0 |
| 30 Sep 18 | 6,818 | 861 | 98 | 0 |
| 30 Jun 18 | 6,887 | 879 | 102 | 0 |
| 31 Mar 18 | 7,261 | 1,216 | 96 | 0 |
| 31 Dec 17 | 7,634 | 1,552 | 89 | 0 |
| 30 Sep 17 | 8,041 | 1,823 | 98 | 0 |
| 30 Jun 17 | 8,447 | 2,093 | 107 | 0 |
| 31 Mar 17 | 8,339 | 1,990 | 66 | 0 |
| 31 Dec 16 | 8,231 | 1,887 | 25 | 0 |
| 30 Sep 16 | 7,657 | 1,436 | 61 | 0 |
| 30 Jun 16 | 7,083 | 984 | 97 | 0 |
| 31 Mar 16 | 7,072 | 645 | 160 | 0 |
| 31 Dec 15 | 7,060 | 305 | 222 | 0 |
| 30 Sep 15 | 7,817 | 311 | 184 | 0 |
| 30 Jun 15 | 8,574 | 317 | 146 | 0 |
| 31 Mar 15 | 9,656 | 832 | 143 | 0 |
| 31 Dec 14 | 10,738 | 1,347 | 140 | 0 |
| 30 Sep 14 | 11,246 | 2,039 | 145 | 0 |
| 30 Jun 14 | 11,753 | 2,730 | 150 | 0 |
| 31 Mar 14 | 11,211 | 2,856 | 165 | 0 |
| 31 Dec 13 | 10,669 | 2,982 | 179 | 0 |
| 30 Sep 13 | 9,395 | 2,364 | 167 | 0 |
| 30 Jun 13 | 8,120 | 1,746 | 155 | 0 |
| 31 Mar 13 | 7,402 | 1,491 | 134 | 0 |
| 31 Dec 12 | 6,683 | 1,236 | 113 | 0 |
| 30 Sep 12 | 6,700 | 1,398 | 109 | 0 |
| 30 Jun 12 | 6,716 | 1,559 | 104 | 0 |
Quality Earnings: FMG N has high quality earnings.
Growing Profit Margin: FMG N's current net profit margins (33.8%) are lower than last year (42.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FMG N's earnings have grown significantly by 32.2% per year over the past 5 years.
Accelerating Growth: FMG N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FMG N had negative earnings growth (-35.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (11.5%).
Return on Equity
High ROE: FMG N's Return on Equity (33.8%) is considered high.