Fortescue Metals Group Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Fortescue Metals Group Limited 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 owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It also develops and produces the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Argentina, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it 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. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.

Financial highlights

Market Capitalization$63611.4152 million
P/E Ratio8.78
P/E Growth Ratio0
Book Value5.848
Dividend Per Share1.165
Earnings Per Share2.45
EBITDA9,594,999.808
Profit Margin0.2844
Operating Margin TTM0.4747
Return on Assets TTM0.1769
Return on Equity TTM0.2714
Revenue TTM16,871,000.064

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1989-06-30 2,679 2,679 -49
1990-06-30 34 34 -22
1991-06-30 17
1992-06-30 12
1993-06-30 37
1994-06-30 87
1995-06-30 553
1996-06-30 286.78
1997-06-30 4,106.301
1998-06-30
1999-06-30
2000-06-30 1,640 118
2001-06-30 1,346.32252 547.1553299999999 799.1671899999999 1,066.9902
2002-06-30 733.89033 515.66603 218.2243 774.2742900000001
2003-06-30 1,463.802 1,118.274 345.528 1,469.389
2004-06-30 1,110.83052 738.3623100000001 372.46821 1,172.54791
2005-06-30 1,331.75649 851.8734599999999 479.88303 2,170.45323
2006-06-30 834.276 525.834 308.442 7,234.398
2007-06-30 19,842.23919
2008-06-30 192,362.3004 108,960.87868000001 83,401.42172 33,389.4624
2009-06-30 1,830,953 1,069,412 761,541 227,573
2010-06-30 3,220,062 1,680,268 1,539,794 319,431
2011-06-30 5,442,102 2,156,799 3,285,303 1,119,753
2012-06-30 6,684,000 3,237,000 3,447,000 516,000
2013-06-30 8,057,000 4,071,000 3,986,000 751,000
2014-06-30 11,611,000 5,229,000 6,382,000 1,167,000
2015-06-30 8,390,000 6,051,000 2,339,000 1,551,000
2016-06-30 6,947,000 3,841,000 3,106,000 1,432,000
2017-06-30 8,447,000 3,661,000 4,786,000 1,350,000
2018-06-30 6,775,000 3,665,000 3,110,000 1,379,000
2019-06-30 9,963,000 3,931,000 6,032,000 1,322,000
2020-06-30 12,777,000 4,359,000 8,418,000 1,577,000
2021-06-30 22,231,000 5,448,000 16,783,000 1,689,000
2022-06-30 17,312,000 6,175,000 11,137,000 2,113,000
2023-06-30 16,780,000 6,109,000 10,671,000 2,755,000

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1989-06-30 278 2,242 1,768 28,127
1990-06-30 170 1,653 1,471 28,152
1991-06-30 29 222 1,490 28,152
1992-06-30 90 93 1,743 28,152
1993-06-30 156 173 1,710 35,866
1994-06-30 1,609 1,668 136 48,652
1995-06-30 1,126 1,336 34 52,402
1996-06-30 895.759 985.687 719.009 52,402
1997-06-30 3,030.322 3,895.525 2,118.735 82,103
1998-06-30 1,588.113 2,630.989 988.189 86,971.16
1999-06-30 711.755 1,750.95 578.582 6,974.399
2000-06-30 718.784 2,476.479 784.029 8,175.555
2001-06-30 686.162 3,090.763 673.503 8,176.172
2002-06-30 1,348.305 2,857.053 231.909 8,682.332
2003-06-30 1,146.594 3,348.47 188.04 71.613 10,051.859
2004-06-30 3,726.4907599999997 11,906.53914 2,072.7185 2.723 14,231.35894
2005-06-30 61,883.044350000004 113,111.05469 45,560.84347 2.723 50,204 72,983.69094
2006-06-30 18,054.207 221,048.135 83,942.005 322.723 67,268 147,153.101
2007-06-30 1,426,803.2230699998 3,129,485.15691 2,708,352.8413899997 225,458.86344 2,645,770 486,855.81001
2008-06-30 183,921.89129 4,952,680.322609999 6,521,440.66743 342,796.1845 5,948,329 1,031,306.62738
2009-06-30 654,942 4,408,917 3,558,225 319,823 2,250,482 1,229,876
2010-06-30 1,235,538 5,303,553 3,826,888 466,761 2,508,902 1,274,650
2011-06-30 2,662,719 8,625,866 6,191,563 214,242 4,656,749 1,295,033
2012-06-30 2,343,000 15,063,000 11,301,000 283,000 8,218,000 1,293,000
2013-06-30 2,158,000 20,867,000 15,578,000 205,000 12,486,000 1,291,000
2014-06-30 2,398,000 22,694,000 15,111,000 154,000 9,403,000 1,289,000
2015-06-30 2,381,000 21,360,000 13,823,000 155,000 8,958,000 1,294,000
2016-06-30 1,583,000 19,337,000 10,931,000 93,000 6,184,000 1,301,000
2017-06-30 1,838,000 19,115,000 9,381,000 121,000 3,574,000 1,289,000
2018-06-30 863,000 17,849,000 8,117,000 97,000 3,346,000 1,287,000
2019-06-30 1,874,000 19,694,000 9,093,000 86,000 3,341,000 1,181,000
2020-06-30 4,855,000 23,398,000 10,154,000 186,000 4,193,000 1,167,000
2021-06-30 6,930,000 28,383,000 10,648,000 167,000 3,404,000 1,105,000
2022-06-30 5,224,000 28,375,000 11,030,000 173,000 5,282,000 1,053,000
2023-06-30 4,287,000 28,218,000 10,220,000 165,000 4,528,000 1,044,000

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1989-06-30 -4,909
1990-06-30 -300 162
1991-06-30 -1,449 -220 -135 162 27
1992-06-30 -383 -218 63 27 90
1993-06-30 -401 -229 66 90 156
1994-06-30 679 -777 1,453 156 1,609
1995-06-30 -787 -357 -483 1,609 1,126
1996-06-30 -1,035.555 -375.392 -230.597 1,126.356 895.759
1997-06-30 223.071 -173.857 2,134.563 895.759 3,030.322
1998-06-30 -381.988 -1,442.209 3,030.322 1,588.113
1999-06-30 -470.432 -876.358 1,588.113 711.755
2000-06-30 84.688 7.029 711.755 718.784
2001-06-30 724.193 633.2 -32.622 718.784 686.162
2002-06-30 -298.276 166.374 662.143 686.162 1,348.305
2003-06-30 -834.241 -201.711 1,348.305 1,146.594
2004-06-30 602 -7,646.385 4,183.443 1,146.594 5,330.037
2005-06-30 -836.057 -48,362.808 75,828.338 5,330.037 81,158.375
2006-06-30 -2,145.701 -129,111.069 -63,104.168 81,158.375 18,054.207
2007-06-30 -68,430 -1,434,115 1,664,147 18,054 1,682,201
2008-06-30 -2,516,238 -2,141,185 -1,489,964 1,682,201 192,237
2009-06-30 626,130.1454299999 583,371.94972 643,036.72665 164,138.526 807,175.2526499999
2010-06-30 681,621.49478 1,299,486.09644 681,210.84125 768,440.6899 1,449,651.5311500002
2011-06-30 952,188.28569 2,586,983.8904899997 1,328,970.10895 1,150,514.94553 2,479,485.05447 89,226.18493
2012-06-30 1,529,781.17947 2,755,372.3874 -314,002.55127 2,613,089.98136 2,299,087.43009 246,295.75115
2013-06-30 1,882,479.7843699998 3,238,814.01617 -199,460.91644 2,526,145.5525599997 2,326,684.63612 141,239.89218
2014-06-30 2,898,089.1719699996 6,632,696.39066 254,777.07006 2,290,870.48832 2,545,647.55839 616,772.82378
2015-06-30 412,760.41667 2,652,343.75 -22,135.416670000002 3,122,395.83333 3,100,260.41667 446,614.58333
2016-06-30 1,325,074.0640999998 4,070,832.21115 -1,074,602.7470999998 3,206,302.18152 2,131,699.4344200003 153,514.67816
2017-06-30 2,721,008.8403499997 5,533,021.320850001 331,513.26052999997 2,057,982.31929 2,389,495.57982 981,539.2615700001
2018-06-30 879,000 1,601,000 -1,319,171.9659000002 2,486,808.28034 1,167,636.31444 1,182,519.28021
2019-06-30 3,187,000 4,373,000 1,011,000 863,000 1,874,000 2,220,000
2020-06-30 4,735,000 6,415,000 2,981,000 1,874,000 4,855,000 1,925,000
2021-06-30 10,295,000 12,594,000 2,075,000 4,855,000 6,930,000 5,684,000
2022-06-30 6,197,000 7,725,000 -1,706,000 6,930,000 5,224,000 6,699,000
2023-06-30 4,798,000 7,432,000 -937,000 5,224,000 4,287,000 3,922,000