Fortescue Ltd (ASX:FMG)

Australia flag Australia · Delayed Price · Currency is AUD
19.13
-0.01 (-0.05%)
Sep 26, 2025, 4:12 PM AEST
1.49%
Market Cap 58.82B
Revenue (ttm) 23.70B
Net Income (ttm) 5.14B
Shares Out 3.07B
EPS (ttm) 1.67
PE Ratio 11.45
Forward PE 12.87
Dividend 1.10 (5.75%)
Ex-Dividend Date Sep 1, 2025
Volume 5,653,759
Average Volume 6,534,019
Open 18.97
Previous Close 19.14
Day's Range 18.97 - 19.24
52-Week Range 13.18 - 21.59
Beta 0.83
RSI 54.15
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. 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

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...

2 days ago - Reuters

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 days 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 days 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.

9 days 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.

10 days 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.

12 days 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.

17 days 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.

24 days 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...

27 days 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.

4 weeks 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.

4 weeks 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.

4 weeks ago - Financial Post

Fortescue trims Forrest family dividend to $1.24b, after profit slump

Fortescue shareholders like executive chairman Andrew Forrest will receive their lowest dividend in seven years after profits slumped 41pc

4 weeks ago - The Australian Financial Review

China’s push to promote its currency accelerates with landmark Fortescue loan

China has passed another milestone in its efforts to promote the global use of its currency, with the Australian metals giant Fortescue agreeing to borrow a record 14.2 billion yuan (US$1.98 billion) ...

6 weeks ago - South China Morning Post

The fundie who’s made his name on well-timed contrarian trades

Solaris Investment Management’s Michael Bell isn’t afraid to swim against the tide, which is why he’s taken a decent position in iron ore giant Fortescue.

6 weeks ago - The Australian Financial Review

Australias Fortescue Bets Big on China for Green Future

Fortescue has secured a Chinese yuan-denominated loan of about $2 billion (14.2 billion yuan) as Australias energy and metals group is betting on increased collaboration with China in green energy aft...

7 weeks ago - OilPrice com

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...

7 weeks ago - CNBC International TV

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...

7 weeks ago - CNBC

Fortescue (FSUGY) Secures $2 Billion Loan to Boost Decarbonization Efforts

Fortescue (FSUGY) Secures $2 Billion Loan to Boost Decarbonization Efforts

7 weeks ago - GuruFocus

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...

7 weeks ago - Reuters

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.

7 weeks ago - The Australian Financial Review

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.

2 months ago - Wealth Management