Fortescue (FMG) Stock Price, Fundamentals & Analysis

What FMG does

Fortescue (FMG) is an Australian company listed on the ASX that explores, develops, produces, processes, and sells iron ore in Australia, China, and internationally. It also explores for copper and lithium deposits and rare earth elements, owns and operates rail and port facilities, and runs a power system integrating solar and wind generation, battery energy storage, and high-voltage transmission infrastructure. The company focuses on green energy and green hydrogen, including derivatives like green ammonia, and green technology development and manufacturing. Fortescue was formerly known as Fortescue Metals Group Limited and changed its name in November 2023.

Key numbers explained

• Market: Fortescue trades on the ASX and is part of the broader universe of Australian equities tracked alongside peers such as Iluka Resources (ILU), Zimplats Holdings (ZIM), Catalyst Metals (CYL), Orica (ORI), IGO (IGO), Stanmore Resources (SMR), and Dyno Nobel (DNL).
• Price and daily change: The current price is 16.37 AUD, with a daily change of -2.27%.
• Market cap: 50.4B AUD.
• Valuation ratios: The trailing P/E ratio is 12.4, and the forward P/E ratio (based on expected earnings) is 14.6.
• Earnings per share (trailing 12 months): 1.32 USD.
• Dividend yield: 6.6%, with an ex-dividend date of 1 September 2026.
• Share of earnings paid out as dividends: 89%.
• Beta: 0.76, indicating lower volatility relative to the market.
• 52-week price range: 16.14 – 23.38.
• Price change over the last 52 weeks: -12.6%.
• Revenue (trailing 12 months): 16.97B USD, with a year-over-year growth of 7.9%.
• Profit margin: 16.9%.
• Operating margin: 29.2%.
• Return on equity: 14.2%.
• Debt-to-equity ratio: 29.3%.
• Price-to-book ratio: 1.75.
• Next earnings date: 20 August 2026.