Fortescue Ltd (ASX:FMG)
Australia · Delayed Price · Currency is AUD | Market Cap | 67.85B +29.8% |
| Revenue (ttm) | 24.50B -0.0% |
| Net Income | 5.60B -4.2% |
| EPS | 1.82 -4.2% |
| Shares Out | 3.08B |
| PE Ratio | 12.13 |
| Forward PE | 14.48 |
| Dividend | 1.10 (5.01%) |
| Ex-Dividend Date | Mar 2, 2026 |
| Volume | 3,982,681 |
| Open | 21.99 |
| Previous Close | 21.95 |
| Day's Range | 21.89 - 22.36 |
| 52-Week Range | 14.31 - 23.38 |
| Beta | 0.71 |
| Analysts | Sell |
| Price Target | 19.08 (-13.43%) |
| Earnings Date | Aug 25, 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]
Financial Performance
In fiscal year 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 StatementsNews
Inside the Fortescue versus BHP war in the Pilbara
The Andrew Forrest-led miner has accused its own industry lobby of picking sides over a contentious debate with its rival over decarbonising the sector.
‘No chump change’: $150m FMG fine could ‘set the floor’ for compo
WA Premier Roger Cook says Fortescue’s $150 million compensation payment to traditional owners could reverberate through the Pilbara.
Elizabeth Gaines exits Andrew Forrest’s Fortescue ‘family’
Gaines’ departure ends her long association with the miner, while Fortescue has hired a former Dutch finance minister to fill a gap on the board.
ASX 200 LIVE: ASX wavers as oil drops on US-Iran optimism; Charter Hill rallies on third guidance upgrade this FY27
Shares rise as oil prices drop to two-week low on US-Iran optimism, which also lifts the $A; Fortescue’s Gaines to retire; Beach sells Otway stake; Charter Hall upgrades guidance. Follow live.
‘Urgent improvement’: Super giant calls out Forrest’s FMG after ruling
The $100 billion HESTA superannuation fund has called on Fortescue to urgently improve how it negotiates with Indigenous traditional owners.
Fortescue’s disruption not a positive for Native Title
The Yindjibarndi case boosts the case for law reform to establish minimum standards in agreements between developers and Indigenous communities.
Focused on the Future: Why Advisors Are Rethinking Marketing for AI Search
FMG’s Susan Theder and Samantha Russell break down AEO, SEO and how advisors can adapt their marketing for AI-driven search.
Fight over failed Forrest hydrogen facility lands in court
The Queensland government is trying to recoup the $66 million it gave Fortescue for a green hydrogen project that ultimately failed.
Forrest has burnt trust with Indigenous people, Barnett warns
Indigenous leaders say the Fortescue and Yindjibarndi matter proves the current system financially incentivises miners to proceed with projects without consent.
Fight blows open between Forrest and fellow miners on tax rebate
A campaign by billionaire Andrew Forrest’s Fortescue Metals to slash diesel fuel rebates for big miners has sparked a fresh fight on the west coast.
Forrest’s Fortescue goes to court to fight union bargaining
The company alleges mining unions are misusing their bargaining powers in what will be the first test of the laws introduced by the Albanese government in 2022.
Fortescue got off easy on cultural destruction, says ex-Rio executive
Brad Welsh led the response to the Juukan Gorge scandal before running ERA. He says Fortescue must be accountable for bigger issues at its Solomon hub.
Afternoon Update: Coles misled with ‘Down Down’ discounts; Labor gets new senator; and the gay, nude septuagenarian
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. Coles misled shoppers by promoting fake “Down ...
WA’s Yindjibarndi traditional owners consider appeal against Fortescue’s $150m record native title payout
Yindjibarndi Ngurra Aboriginal Corporation label federal court ruling against mining giant’s Solomon Hub iron ore operation ‘unsatisfactory’ Follow our Australia news live blog for latest updates Get ...
Fortescue ordered to pay Yindjibarndi traditional owners $150m in record native title payout
Federal court found miner’s Solomon Hub iron ore mine caused cultural and social harm, including the destruction of 140 heritage sites Follow our Australia news live blog for latest updates Get our br...
Fortescue and AirTrunk are both building a carbon export advantage
Two Australian-founded companies that have built businesses of scale and value without losing their entrepreneurial edge are seizing the clean energy opportunity.
‘Don’t abuse privileges’: PM warns unions as Pilbara dispute widens
Anthony Albanese has told employee groups to not exploit their industrial powers as they launch a push to bargain with Andrew Forrest’s Fortescue.
Fortescue's Mark Barnaba on Iran, Rates and China
Fortescue Deputy Chairman Mark Barnaba discusses rising costs from the Iran war, China's growing influence and the miner's push to replace diesel with renewable energy. Barnaba speaks with Bloomberg's...
Fortescue Earnings Call Transcript: Q3 2026
Record iron ore shipments and robust cash flow were achieved despite weather disruptions. Decarbonization and green energy investments are accelerating, with strong demand from industrial and data center customers. Portfolio optimization and cost discipline remain key priorities.
Fortescue Earnings release: Q3 2026
Fortescue released its Q3 2026 earnings on April 23, 2026, summarizing the period's financial results.
Australia's Fortescue to fast-track diesel elimination plans at Pilbara
Australia's Fortescue said on Friday it was expediting the rollout of an off-grid green energy system to eliminate fossil fuels, particularly diesel, from Pilbara mining operations.
Iron ore miners could face billions more in fuel costs due to Iran war, Fortescue says
Iron ore miners are at risk of incurring billions of dollars more in fuel costs if diesel prices continue to rise, a senior executive at Australia's Fortescue said on Monday.
Decarbonization shift is paying off amid fuel security uncertainty: Fortescue Metals CEO
Dino Otranto, CEO of Fortescue Metals, joins Squawk Box Asia to discuss how the Iran war is affecting the company's operations, and why periods of fuel insecurity underscore the urgency of decarboniza...
Alta Copper issues update on Fortescue Metals transaction
Alta Copper announced that Nascent Exploration, a wholly-owned subsidiary of Fortescue, has received notice from the Director of Investments under the Investment Canada Act pursuant to section 25.2(4)...
Fortescue Earnings Call Transcript: H1 2026
Record first half shipments and strong cost discipline drove a 23% increase in EBITDA and NPAT, with robust cash flow and a higher interim dividend. Decarbonization and critical minerals diversification advanced, while the balance sheet remains strong for future growth.