Fortescue Metals Group Limited

Fortescue Metals Group Limitedverified

FMG.AX

Price:

$18.5

Market Cap:

$35.42B

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. 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 is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador, Argentina, Colombia, Peru, Chile, and Br...[Read more]

Industry

Industrial Materials

IPO Date

1999-07-26

Stock Exchange

ASX

Ticker

FMG.AX

The ROE as of December 2024 (TTM) for Fortescue Metals Group Limited (FMG.AX) is 29.20%

According to Fortescue Metals Group Limited’s latest financial reports and current stock price. The company's current ROE is 29.20%. This represents a change of 106.39% compared to the average of 14.15% of the last 4 quarters.

Fortescue Metals Group Limited (FMG.AX) Historical ROE (quarterly & annually)

How has FMG.AX ROE performed in the past?

The mean historical ROE of Fortescue Metals Group Limited over the last ten years is 25.45%. The current 29.20% ROE has changed 14.73% with respect to the historical average. Over the past ten years (40 quarters), FMG.AX's ROE was at its highest in in the June 2021 quarter at 46.72%. The ROE was at its lowest in in the June 2015 quarter at -0.32%.

Quarterly (TTM)
Annual

Average

25.45%

Median

27.90%

Minimum

4.21%

Maximum

58.07%

Fortescue Metals Group Limited (FMG.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Fortescue Metals Group Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 352.19%

Maximum Annual ROE = 58.07%

Minimum Annual Increase = -89.03%

Minimum Annual ROE = 4.21%

Quarterly (TTM)
Annual
YearROEChange
202429.07%8.72%
202326.73%-25.22%
202235.75%-38.44%
202158.07%63.31%
202035.56%17.68%
201930.22%352.19%
20186.68%-59.54%
201716.52%41.14%
201611.70%177.75%
20154.21%-89.03%

Fortescue Metals Group Limited (FMG.AX) Average ROE

How has FMG.AX ROE performed in the past?

The current ROE of Fortescue Metals Group Limited (FMG.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

30.52%

5-year avg

37.04%

10-year avg

25.45%

Fortescue Metals Group Limited (FMG.AX) ROE vs. Peers

How is FMG.AX’s ROE compared to its peers?

Fortescue Metals Group Limited’s ROE is less than Rio Tinto Group (19.57%), less than Westpac Banking Corporation (12.14%), less than Wesfarmers Limited (30.08%), less than ANZ Group Holdings Limited (9.93%), less than Macquarie Group Limited (11.13%),

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