profit from every A$100 of sales.
A$0A$100
Fortescue
A$15.28+0.66% today
-24.5% in 1 year
1-year low A$14.191-year high A$22.99
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay A$9.66 for every A$1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Fortescue sold, what it kept, and what it did with the cash.
Sales went from $17.3 billion in 2022 to $15.4 billion in 2025, with $3.37 billion of profit last year.
SalesProfit
Fortescue handed back 93% of the cash it generated last year.
$2.9B
Free cash flow 2025$3.2B
Bought back its own shares$163M
Paid as dividends$2.9B
Cash vs. debt$4.3B vs. $5.4B
Fortescue vs. similar companies
Fortescue grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Fortescue | 9.7× · Cheap | ||
 BHP Group | 23.3× · Fair price | ||
 Rio Tinto Group | 14.1× · Cheap | ||
 Grupo México, S.A.B. de C.V. | 19.1× · Fair price | ||
 Glencore | 223.4× · Very expensive |
AI analysis
An AI analyst reads Fortescue's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 17,312 | 16,780 | 18,109 | 15,420 | |
| 11,137 | 10,671 | 11,534 | 8,749 | |
| 9,024 | 7,916 | 8,374 | 5,010 | |
| 10,398 | 8,677 | 10,517 | 7,559 | |
| 6,197 | 4,798 | 5,683 | 3,373 | |
| 2.01 | 1.56 | 1.84 | 1.10 | |
| 64.3% | 63.6% | 63.7% | 56.7% | |
| 52.1% | 47.2% | 46.2% | 32.5% | |
| 35.8% | 28.6% | 31.4% | 21.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 28,375 | 28,218 | 30,060 | 30,515 |
| Cash | 5,224 | 4,287 | 4,903 | 4,328 |
| Total debt | 6,103 | 5,321 | 5,400 | 5,439 |
| Total liabilities | 11,030 | 10,220 | 10,529 | 10,559 |
| 17,337 | 17,989 | 19,552 | 19,984 | |
| 3,083 | 3,082 | 3,082 | 3,075 | |
| 26.5% | 20.8% | 23.5% | 13.9% | |
| 35.7% | 26.7% | 29.1% | 16.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 2,803 | 2,901 | 2,834 | 3,238 | |
| 3,843 | 4,531 | 5,085 | 3,236 | |
| Dividends paid | 6,699 | 3,922 | 4,140 | 2,851 |
| 138 | 151 | 142 | 163 | |
| – | – | – | – |
Valuation
- 9.6×
- –
- –
- 3.0×
- 2.1×
- 10.0×
- 4.4×
- 10.0%
- 10.4%
- 8.8%
Profitability
- 56.7%
- 32.5%
- 21.9%
- –
- 13.9%
- 21.2%
- –
- –
- –
- –
Growth
- −3.8%
- −18.3%
- –
- –
- −0.1%
Financial health
- 0.1×
- 0.27
- –
- 80.2×
- 2.43
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 20%of 990
Top 11%of 949
Top 11%of 766
Bottom 24%of 927
Top 13%of 988
8.8%of the share price, paid each year
On $1,000 invested$88a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
84.5% of its profit
Room to growStretchedMore than it earns: 88.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
89Pass
Benjamin Graham
76Pass
Philip Fisher
71Pass
Peter Lynch
37No pass
Joel Greenblatt
67Pass
Charlie Munger
87Pass
Terry Smith
76Pass
Questions about Fortescue
Is Fortescue a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Fortescue AI analysis
What does Fortescue do?
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 is in Other Industrial Metals & Mining, based in Perth, WA, Australia, with 15,745 employees.
Does Fortescue pay a dividend?
Yes. At today's price the dividend is 8.7% a year, about 85% of its yearly profit. In 2025 it paid out A$2.85 billion in dividends.
Is Fortescue stock halal?
Yes. Fortescue passes our halal screen: its business is permitted and its debt is 12% of its market value, under the 30% limit. How we check
How has Fortescue stock done over the past year?
Down 24.5% over the past twelve months, to A$15.28. It traded between A$14.19 and A$22.99 and is 33.5% below its high.
Who are Fortescue's competitors?
The largest listed companies in the same industry are BHP Group, Rio Tinto Group, Grupo México, S.A.B. de C.V. and Glencore. The peers table on this page compares their profit, growth and price with Fortescue's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.