Fortescue Ltd (ASX:FMG)
Australia · Delayed Price · Currency is AUD | Market Cap | 57.95B |
| Revenue (ttm) | 26.41B |
| Net Income (ttm) | 6.30B |
| Shares Out | 3.07B |
| EPS (ttm) | 2.04 |
| PE Ratio | 9.22 |
| Forward PE | 12.13 |
| Dividend | 1.39 (7.51%) |
| Ex-Dividend Date | Feb 26, 2025 |
| Volume | 6,013,720 |
| Average Volume | 8,286,387 |
| Open | 18.50 |
| Previous Close | 18.51 |
| Day's Range | 18.40 - 18.85 |
| 52-Week Range | 13.18 - 21.59 |
| Beta | 0.80 |
| RSI | 69.31 |
| Earnings Date | Aug 28, 2025 |
About Fortescue
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was... [Read more]
Financial Performance
In 2024, Fortescue's revenue was $18.22 billion, an increase of 8.00% compared to the previous year's $16.87 billion. Earnings were $5.68 billion, an increase of 18.45%.
Financial numbers in USD Financial StatementsNews
Fortescue secures $2B loan, looks to tap China's rapid energy transition
Australian mining giant Fortescue has secured a nearly $2-billion loan to advance its decarbonization plans. Dino Otranto, CEO of metals and operations at Fortescue, talks about FMG's long-term sustai...
Fortescue secures $2B loan, looks to tap China's rapid energy transition
Australian mining giant Fortescue has secured a nearly $2-billion loan to advance its decarbonization plans. Dino Otranto, CEO of metals and operations at Fortescue, talks about FMG's long-term sustai...
Fortescue (FSUGY) Secures $2 Billion Loan to Boost Decarbonization Efforts
Fortescue (FSUGY) Secures $2 Billion Loan to Boost Decarbonization Efforts
Australia's Fortescue secures yuan loan worth $2 billion for green energy plans
Australia's Fortescue said on Friday it had secured a yuan-denominated loan worth 14.2 billion Chinese yuan ($1.98 billion) to ramp up its decarbonisation plans, weeks after scrapping its U.S. and Aus...
ASX 200 LIVE: ASX slides on banks; Iress soars 11pc on Blackstone interest
Shares lower on banks, health; Iress rockets on takeover talks; Fortescue secures $US2 billion loan from China; MIXI ups PointsBet bid; GQG Partners dives on funds hit. Follow live.
GTCR Buys MarTech Platform FMG From Private Equity Owner
The private equity firm backing AssetMark and Captrust will help FMG build out its product suite and expand its AI capabilities.
Jim Cramer's 'Trump Discount' Proves Real—As ESG Bets Turn Toxic
The clean energy trade that once looked bulletproof is now melting under the weight of President Donald Trump 's climate rollbacks—and Jim Cramer's infamous "Trump discount" is playing out in real tim...
Afternoon Update: Albanese’s strongest Israel condemnation yet; NSW MP guilty of sexual abuse; and saying bye-bye to Spotify
Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Good afternoon. Anthony Albanese has condemned Israel for “t...
Fortescue axes two green hydrogen projects after Trump administration’s shift on renewables
‘Lack of certainty’ and step back in green ambition has made it hard for previously feasible projects to proceed, mining company says Get our breaking news email , free app or daily news podcast The i...
Macquarie CFO exits; Fortescue hits record; Magnificent seven era ends
Read everything that’s happened in the news so far today.
Fortescue smashes export record, calls time on hydrogen projects
The miner shipped a record volume of Australian iron ore and said costs of production were finally headed lower.
Fortescue reassessing green energy projects in U.S., citing Trump's policies
Fortescue Halts New U.S. Green Energy Projects
Australias energy and metals group Fortescue is reassessing timelines and pausing green energy project developments in the United States following the latest U.S. legislation to phase out renewable en...
Fortescue near settlement with US tycoon after energy deal bust-up
Andrew Forrest will avoid a seven-hour courtroom deposition by agreeing to settle Fortescue’s dispute with US billionaire Paul Tudor Jones.
‘Aggressive, unreasonable, not legally robust’: Fortescue lashes ATO
The company says the tax office’s behaviour threatens to derail major investments in renewable or decarbonisation projects and force capital offshore.
Security, trade in focus as Australia PM Albanese heads to China
SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese leaves for Shanghai on Saturday on an official visit to China where regional security tensions and efforts to grow economic ties are likely...
Fortescue’s British battery maker slumps to $152m loss
The iron ore miner has now pumped close to $1 billion into the British battery maker that was previously named after Formula 1 legend Sir Frank Williams.
Financial Review editor wins SOPA award
Associate editor Primrose Riordan has been recognised for her feature story on Fortescue’s Andrew Forrest.
ASX LIVE UPDATES: ASX dips; iron ore producers RIO, FMG and BHP fall; PointsBet enters trading halt
Australian shares edge lower; ex-Virgin boss to join Web Travel board; Bowen Coking Coal plunges. Follow live.
ASX LIVE UPDATES: ASX slides; Fortescue, BHP fall as iron ore extends decline
Australian shares follow Wall Street lower; UBS upgrades oOh!Media to ‘buy’; RBC tips 17pc rally in Nuix; Boss meets production guidance. Follow live updates.
Fortescue’s hydrogen chief joins growing list of departing execs
Cameron Smith has been relieved of his role as head of Fortescue Hydrogen Systems, the latest sign of turmoil in Fortescue’s green energy plans.
Fortescue's Forrest on Trump Tariffs, Deep-Sea Mining "Farce", Ocean Conservation
President Trump's tariffs are "not working", according to Australian mining executive Andrew Forrest, who has called for a return to free trade. Forrest, the executive chairman of Fortescue and founde...
Former Fortescue executive Fiona Hick to join Barrenjoey board
Despite early scepticism, the Barclays-backed investment bank has recut the local market, winning key mandates and building one of the largest research teams.
Pocock says voters have ‘buyer’s remorse’ after Labor approves massive gas development’s 40-year extension
Fortescue CEO also says suggestion Australia can lock in fossil fuel projects and claim progress on net zero is ‘concerning’ Crossbenchers and environmental advocates are furious at the government’s d...
Fortescue Energy CEO to Resign in Executive Overhaul
Mark Hutchinson will step down as Dino Otranto, who leads the miner's metals business, assumes an expanded role.