Fortescue Ltd (ASX:FMG)

Australia flag Australia · Delayed Price · Currency is AUD
20.72
-0.07 (-0.34%)
Oct 28, 2025, 4:16 PM AEST
-0.34%
Market Cap63.92B
Revenue (ttm)23.70B
Net Income (ttm)5.14B
Shares Out3.07B
EPS (ttm)1.67
PE Ratio12.45
Forward PE12.74
Dividend1.10 (5.36%)
Ex-Dividend DateSep 1, 2025
Volume5,538,794
Average Volume6,097,210
Open21.00
Previous Close20.79
Day's Range20.61 - 21.06
52-Week Range13.18 - 21.06
Beta0.81
RSI66.81
Earnings DateFeb 18, 2026

About Fortescue

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technology development and manufacturing. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 20... [Read more]

Sector Materials
Founded 1983
Employees 16,000
Stock Exchange Australian Securities Exchange
Ticker Symbol FMG
Full Company Profile

Financial Performance

In 2025, Fortescue's revenue was $15.54 billion, a decrease of -14.70% compared to the previous year's $18.22 billion. Earnings were $3.37 billion, a decrease of -40.65%.

Financial numbers in USD Financial Statements

News

The country’s iron ore giants are walking a tightrope with Beijing

BHP, Rio Tinto and Fortescue are all confronting challenges – and responding differently – as they work on ties with their single most important buyer.

5 days ago - The Australian Financial Review

Fortescue’s iron ore record eases pain in green divisions

The Andrew Forrest-chaired company’s mining division shipped a record amount of ore in the first quarter, while its green projects continue to struggle.

5 days ago - The Australian Financial Review

South32 chair to retire and be replaced by ex-Fortescue executive

Former Fortescue CFO Stephen Pearce will replace Karen Wood as chair. She will depart ahead of the expected exit of chief executive Graham Kerr next year.

5 days ago - The Australian Financial Review

ASX 200 LIVE: ASX retreats; Woodside jumps on US deal, tech stocks weigh

Bourse lower as tech stocks fall. Ainsworth soars on Kjerulk Ainsworth offer; Fortescue ups iron ore shipments; Woodside reveals Louisiana partnership; BHP chair says he will make ‘big calls’ to grow ...

5 days ago - The Australian Financial Review

Fortescue Announces Early Tender Results of Cash Tender Offers for Certain of Its Debt Securities

PERTH, Australia, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Fortescue Treasury Pty Ltd (formerly FMG Resources (August 2006) Pty Ltd) (the “Company”), an Australian corporation and a direct wholly owned subsi...

7 days ago - GlobeNewsWire

Fortescue Announces Offer to Purchase for Cash Certain of Its Debt Securities

PERTH, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Fortescue Treasury Pty Ltd (formerly FMG Resources (August 2006) Pty Ltd) (the “Company”), an Australian corporation and a direct wholly owned subsidiary of Fo...

22 days ago - GlobeNewsWire

Fortescue offers measles vaccine boosters after Christmas Creek outbreak

Fortescue offers measles vaccine boosters after Christmas Creek outbreak

4 weeks ago - Australian Broadcasting Corporation

AI Boom Will Boost US Renewables Despite Trump, Fortescue Says

President Donald Trump’s dismissal of climate change and attacks on renewable energy won’t significantly damp demand for clean power in the US, where artificial intelligence will further accelerate th...

4 weeks ago - Financial Post

Forrest: No regrets ‘speaking truth to power’ on Trump’s climate claims

Fortescue executive chairman Andrew Forrest says he has no regrets after accusing US President Donald Trump of lying about climate change.

4 weeks ago - The Australian Financial Review

Fortescue tops list of the ASX’s 10 strongest dividend stocks

The iron ore giant, Pro Medicus and Pinnacle have topped Morningstar’s list of the best dividend paying stocks for investors over the past decade.

4 weeks ago - The Australian Financial Review

Fortescue chairman Forrest doubles down on renewables in challenge to Trump

Australian miner Fortescue is experiencing strong interest in its decarbonization-related offerings, Executive Chairman Andrew Forrest said in an interview, as he challenged U.S. President Donald Trum...

4 weeks ago - Reuters

ASX 200 LIVE: Shares wobble; Fortescue signs decarbonisation partnerships; Vulcan inks $179m power plant deal; $A on track with weekly loss. Follow live.

Shares wobble; Fortescue signs decarbonisation partnerships; Vulcan inks $179m power plant deal; $A on track with weekly loss. Follow live.

4 weeks ago - The Australian Financial Review

Albanese and Trump meet at New York dinner

The PM met the president at a UN reception attended by more than 100 world leaders; Fortescue boss hits out at US president’s rhetoric. Follow live.

4 weeks ago - The Australian Financial Review

Forrest slams carbon credits as Fortescue backtracks from hydrogen

The mining billionaire is calling for tougher climate action at a New York summit as his Fortescue Metals empire retreats from its commitment to green hydrogen.

5 weeks ago - The Australian Financial Review

Climate report pokes hole in Forrest’s green trucking dream

Canberra has picked a side in the argument between BHP, Rio Tinto and Fortescue over the ability for low-emissions trucks to run Australia’s iron ore mines.

5 weeks ago - The Australian Financial Review

Q&A: What’s Behind Mark Casady’s New Role at FMG

Mark Casady brings his AI chops, as well as experience leading LPL through M&A and an IPO, to the executive chairman role at FMG.

5 weeks ago - Wealth Management

Fortescue turns to AI to protect Andrew Forrest from scam ads

The security chief of Andrew Forrest’s Fortescue says a new agentic AI tool has removed more than 130 social media profiles impersonating its executives.

6 weeks ago - The Australian Financial Review

Twiggy’s young recruits fired before they even join Fortescue family

For a boss so beloved that staff don’t feel the need to unionise, the job security Andrew Forrest offers on his energy transition projects is somewhat lacking.

6 weeks ago - The Australian Financial Review

$400b: McKinsey reveals high price of ambitious climate action

The report comes after modelling by a group of businesses led by Atlassian and Fortescue revealed the costs of inaction.

7 weeks ago - The Australian Financial Review

ASX 200 Live: ASX wavers; RPMGlobal soars 25pc on Caterpillar deal, Fortescue trades ex-dividend

Bourse sees broad losses; RPMGlobal in Caterpillar takeover talks; Fortescue trades ex-dividend; Austal founder John Rothwell resigns; Optus taps Ivanoff to head new legal team; Pro Medicus gets US ap...

2 months ago - The Australian Financial Review

Twiggy Forrest whitewashes his own green emissions

Even when announcing a 12 per cent increase in greenhouse gas emissions by Fortescue, Andrew Forrest still rates his own courage and climate leadership.

2 months ago - The Australian Financial Review

Fortescue CEO: Deterioration in iron ore prices have impacted the business

Dino Otranto, Fortescue's CEO for Metals and Operations, discusses the firm's FY25 results and elaborates on the company's "line of sight" to profitable green metal production.

2 months ago - CNBC

Fortescue’s Profit Tumbles 41% But Keeps Green-Tech Focus

Fortescue Ltd.’s full-year profit fell 41% on lower prices for its iron ore, as Chinese demand for the steelmaking ingredient weakens amid its protracted property-sector slowdown.

2 months ago - Financial Post