Fortescue Ltd (FSUGY)
| Market Cap | 47.42B +47.4% |
| Revenue (ttm) | 16.34B -0.0% |
| Net Income | 3.73B -4.2% |
| EPS | 1.21 -4.2% |
| Shares Out | n/a |
| PE Ratio | 12.70 |
| Forward PE | 13.98 |
| Dividend | 1.59 (5.26%) |
| Ex-Dividend Date | Mar 9, 2026 |
| Volume | 59,091 |
| Average Volume | 58,507 |
| Open | 30.81 |
| Previous Close | 30.31 |
| Day's Range | 30.81 - 31.11 |
| 52-Week Range | 18.56 - 31.70 |
| Beta | 0.71 |
| RSI | 62.83 |
| 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 StatementsNews
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...
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 Metals price target lowered to A$17.20 from A$18.40 at Jefferies
Jefferies analyst Mitch Ryan lowered the firm’s price target on Fortescue Metals (FSUGY) to A$17.20 from A$18.40 and keeps an Underperform rating on the shares after making a mid-quarter update
Mining stocks have been on a tear, with gold passing $5,000. Analysts are split on what's next
Investors have been bullish on mining stocks, led by gold and silver's surges. However, appetite has cooled over the past six months, according to a Citi note that shows 'Buy' ratings have dipped.
Alta Copper issues update on Fortescue transaction
Alta Copper has been advised by Fortescue that Nascent Exploration has received a notice from the Director of Investments under the Investment Canada Act pursuant to section 25.2(1) of the
Fortescue Metals downgraded to Underperform from Hold at Jefferies
Jefferies downgraded Fortescue Metals (FSUGY) to Underperform from Hold with a price target of A$18.50, down from A$19.25. The firm adjusted ratings in the Australia metal and mining space as
Statkraft and Fortescue renegotiate power agreement for Holmaneset green hydrogen and green ammonia project in Norway
(Oslo, Norway 15 December 2025) Statkraft and Fortescue have agreed to amend and extend the conditional power agreement currently in place for the Holmaneset project. Currently in the feasibility pha...
Australia's Fortescue to buy remaining stake in Alta Copper, valuing it at $101 million
Australia's Fortescue said on Monday it will buy the remaining 64% of Alta Copper in a deal implying a total equity value of C$139 million ($101 million) for the Toronto-listed copper miner.
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...
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...
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...
Fortescue Ltd. downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded Fortescue Ltd. (FSUMF) to Sector Perform from Outperform with an unchanged price target of A$20. The firm cites valuation for the downgrade following the fiscal 2025 report.
Fortescue Metals downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Fortescue Metals (FSUGY) to Neutral from Overweight with a A$20 price target The firm cites valuation for the downgrade with the shares trading near the price target Published
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...
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...
Fortescue Metals downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded Fortescue Metals (FSUGY) to Underperform from Neutral with a price target of A$16, up from A$15. After incorporating the Q4 result and FY26 guidance, the firm trims its
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...
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.
Fortescue Metals upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded Fortescue Metals (FSUGY) to Overweight from Equal Weight with a price target of A$16.60, down from A$18.15, as part of a broader research note on Australia materials.
Fortescue Metals upgraded to Neutral from Sell at Goldman Sachs
Goldman Sachs upgraded Fortescue Metals (FSUGY) to Neutral from Sell with a A$15.30 price target The firm cites valuation for the upgrade.
Fortescue's Billionaire Founder on Tariffs, Copper, Climate Change
Fortescue's Andrew Forrest discusses his outlook for the commodities sector in an interview with Bloomberg Television on the sidelines of the Boao Forum in China. The billionaire founder says the mini...
Fortescue's Andrew Forrest sees caution throughout China but no lack of optimism amid U.S. tariffs
Fortescue Executive Chairman Andrew Forrest says he sees a "firm" and "resolute" purpose when it comes to leadership in China.