Basic MaterialsIndustrial Metals and Mining
  • Price (AUD)16.82
  • Today's Change0.04 / 0.24%
  • Shares traded8.87m
  • 1 Year change+12.43%
  • Beta0.9074
Data delayed at least 20 minutes, as of Sep 30 2022 07:10 BST.
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About the company

Fortescue Metals Group Ltd (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is engaged in development of infrastructure and mining assets. It is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. Fortescue is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. It is also focused on Paterson and Rudall projects in Western Australia and a drilling program at Vulcan South on the Tasman Resources Joint Venture project in South Australia. Fortescue activities include drilling programs in Argentina and exploration activities over several project areas in Chile, Brazil and Ecuador. It also operates The Solomon Hub in the Hamersley Ranges.

  • Revenue in AUD (TTM)26.64bn
  • Net income in AUD9.49bn
  • Incorporated1983
  • Employees10.16k
  • Location
    Fortescue Metals Group LtdLevel 2 87 Adelaide Terrace, East PerthPERTH 6004AustraliaAUS
  • Phone+61 86218-8888
  • Fax+61 86218-8880
  • Websitehttps://www.fmgl.com.au/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FMG:ASX since
Williams Advanced Engineering LtdDeal completed23 Jan 202223 Jan 2022Deal completed-19.68%222.29m
Data delayed at least 20 minutes, as of Sep 30 2022 07:10 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Zhejiang Huayou Cobalt Co Ltd11.24bn1.01bn25.34bn14.64k25.335.01--2.262.902.9032.0414.650.81124.6311.003,554,001.008.607.2116.8815.9318.7318.9810.608.710.8035--0.620711.4866.6948.51234.59123.9284.13--
Zijin Mining Group Co., Ltd.53.48bn4.58bn43.35bn43.88k9.572.65--0.81060.81680.81689.582.951.058.8943.385,645,379.0011.116.2517.709.7115.1812.2210.545.600.7259--0.492734.9531.2523.34147.0453.0329.5527.23
Fortescue Metals Group Limited26.64bn9.49bn49.08bn10.16k5.181.854.151.843.083.088.648.630.61286.6629.45--21.8422.3724.5725.2656.0156.4135.6436.472.4137.500.260371.96-21.9615.54-39.8124.2530.9111.40
Data as of Sep 30 2022. Currency figures normalised to Fortescue Metals Group Ltd's reporting currency: Australian Dollar AUD

Institutional shareholders

12.25%Per cent of shares held by top holders
HolderShares% Held
Capital Research & Management Co. (World Investors)as of 30 Jun 2022113.94m3.70%
Capital International Ltd.as of 08 Sep 202285.53m2.78%
BlackRock Fund Advisorsas of 08 Sep 202245.67m1.48%
The Vanguard Group, Inc.as of 09 Sep 202240.31m1.31%
Vanguard Investments Australia Ltd.as of 31 Aug 202230.05m0.98%
J.O. Hambro Capital Management Ltd.as of 31 Aug 202218.33m0.60%
Geode Capital Management LLCas of 22 Sep 202213.86m0.45%
BlackRock Advisors (UK) Ltd.as of 08 Sep 202210.87m0.35%
Norges Bank Investment Managementas of 31 Dec 20219.70m0.32%
Dimensional Fund Advisors LPas of 09 Sep 20228.93m0.29%
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Data from 31 Dec 2021 - 30 Jun 2022Source: FactSet Research Systems Inc.
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