See more : S.T. Dupont S.A. (DPT.PA) Income Statement Analysis – Financial Results
Complete financial analysis of Fortescue Metals Group Limited (FSUMF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Fortescue Metals Group Limited, a leading company in the Industrial Materials industry within the Basic Materials sector.
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Fortescue Metals Group Limited (FSUMF)
About Fortescue Metals Group Limited
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 Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.11B | 16.66B | 16.49B | 22.43B | 13.25B | 9.74B | 6.44B | 8.46B | 7.12B | 6.38B | 10.91B | 7.45B | 6.76B | 5.82B | 2.71B | 1.46B | 184.68M | 0.00 | 456.93K | 1.01M | 781.67K | 669.64K | 414.28K | 692.06K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.84K | 2.04M |
| Cost of Revenue | 8.97B | 7.92B | 7.33B | 6.92B | 6.02B | 5.00B | 4.72B | 5.03B | 5.26B | 4.60B | 4.91B | 3.76B | 3.28B | 2.31B | 1.42B | 854.93M | 104.61M | 0.00 | 287.99K | 645.11K | 519.57K | 488.36K | 291.09K | 281.26K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 9.14B | 8.74B | 9.16B | 15.51B | 7.24B | 4.74B | 1.72B | 3.43B | 1.86B | 1.78B | 6.00B | 3.68B | 3.49B | 3.51B | 1.30B | 608.81M | 80.07M | 0.00 | 168.93K | 363.41K | 262.10K | 181.29K | 123.19K | 410.80K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.84K | 2.04M |
| Gross Profit Ratio | 50.48% | 52.45% | 55.55% | 69.14% | 54.60% | 48.63% | 26.67% | 40.52% | 26.10% | 27.88% | 54.97% | 49.47% | 51.57% | 60.37% | 47.82% | 41.59% | 43.36% | 0.00% | 36.97% | 36.03% | 33.53% | 27.07% | 29.74% | 59.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% | 100.00% |
| Research & Development | 503.55M | 830.27M | 512.73M | 138.69M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 151.28K | 0.00 | 0.00 | 0.00 | 2.82M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 416.00M | 191.26M | 140.26M | 116.37M | 78.99M | 66.41M | 51.53M | 42.87M | 38.80M | 71.48M | 174.74M | 224.62M | 229.67M | 992.05M | 130.75M | 103.79M | 23.09M | 6.10M | 2.86M | 652.07K | 783.24K | 484.98K | 367.45K | 117.95K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 639.05M | 388.79M | 144.31M | 38.84M | 26.45M | 14.97M | 13.97M | 14.52M | 0.00 | 0.00 | 0.00 | 21.84M | 22.28M | 10.99M | 8.77M | 4.15M | 7.98M | 169.87K | 256.46K | 0.00 | 0.00 | 0.00 | 24.01K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 416.00M | 830.31M | 529.05M | 260.68M | 117.83M | 92.86M | 66.50M | 56.84M | 53.31M | 71.48M | 174.74M | 224.62M | 229.67M | 992.05M | 130.75M | 103.79M | 23.09M | 6.10M | 2.86M | 652.07K | 783.24K | 484.98K | 367.45K | 141.96K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 51.00M | 93.64M | -16.50M | -111.12M | 49.20M | 78.29M | 104.52M | 10.72M | -60.49M | 198.48M | -526.10M | -134.03M | -164.92M | -420.57M | -227.12M | 486.90M | 166.41M | -57.64M | 117.61K | -97.01 | 765.49K | 85.77K | 150.32K | 265.96K | -244.05K | -417.66K | -146.36K | 3.08M | 226.30K | 394.15K | 63.34K | 24.81K | 8.94K | 13.04K | -44.20K | -2.07M |
| Operating Expenses | 11.53B | 830.31M | 529.05M | 260.68M | 117.83M | 92.86M | 66.50M | 56.84M | 113.80M | 1.18B | 1.10B | 694.19M | 522.06M | 1.20B | 269.21M | 181.93M | 32.06M | 16.82M | 3.96M | 1.64M | 825.10K | 738.36K | 437.08K | 548.48K | -244.05K | -417.66K | -146.36K | 3.08M | 226.30K | 394.15K | 63.34K | 24.81K | 8.94K | 13.04K | -17.37K | -37.23K |
| Cost & Expenses | 9.73B | 8.75B | 7.86B | 7.18B | 6.13B | 5.10B | 4.79B | 5.09B | 5.38B | 5.78B | 6.01B | 4.46B | 3.80B | 3.50B | 1.69B | 1.04B | 136.66M | 16.82M | 5.73M | 2.29M | 1.34M | 1.76M | 728.17K | 829.74K | -244.05K | -417.66K | -146.36K | 3.08M | 226.30K | 394.15K | 63.34K | 24.81K | 8.94K | 13.04K | -17.37K | -37.23K |
| Interest Income | 218.00M | 147.11M | 13.27M | 16.10M | 51.68M | 25.41M | 22.80M | 19.29M | 22.56M | 11.41M | 19.73M | 30.50M | 60.70M | 26.30M | 15.94M | 7.90M | 60.87M | 0.00 | 6.48M | 797.57K | 51.61K | 23.51K | 10.69K | 6.79K | 0.00 | 0.00 | 0.00 | 123.26K | 30.16K | 44.78K | 22.50K | 0.00 | 0.00 | 0.00 | 0.00 | -0.22 |
| Interest Expense | 392.66M | 271.51M | 164.97M | 164.06M | 266.67M | 309.86M | 350.54M | 446.61M | 646.94M | 454.75M | 642.60M | 516.59M | 556.46M | 440.33M | 332.23M | 392.48M | 3.58B | 218.52M | 3.58M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 67.69K |
| Depreciation & Amortization | 2.14B | 1.73B | 1.45B | 1.37B | 1.44B | 1.14B | 1.21B | 1.27B | 1.28B | 1.07B | 906.59M | 427.97M | 269.13M | 181.63M | 129.09M | 71.03M | 5.00M | 1.93M | 388.80K | 161.33K | 41.86K | 66.16K | 57.32K | 52.57K | 0.00 | 0.00 | 0.00 | 11.30K | 22.63K | 2.14K | 424.58K | -154.82K | 8.94K | 13.04K | 17.37K | 37.23K |
| EBITDA | 10.52B | 9.63B | 10.03B | 16.36B | 8.15B | 5.93B | 2.75B | 4.73B | 3.31B | 2.38B | 5.53B | 2.62B | 3.08B | 2.06B | 1.13B | 1.24B | 291.95M | 8.95M | 3.07M | -1.48M | -740.59K | -1.12M | -454.51K | -165.56K | -244.05K | -417.66K | -146.36K | 126.05K | -643.53K | -398.37K | 361.23K | -179.64K | -213.17K | -852.10K | -187.83K | -2.75M |
| EBITDA Ratio | 58.08% | 57.80% | 61.13% | 74.11% | 64.62% | 59.30% | 44.40% | 54.79% | 42.46% | 28.88% | 48.09% | 33.44% | 46.07% | 35.36% | 34.87% | 67.82% | 151.77% | 0.00% | 672.93% | -110.95% | -66.67% | -73.31% | -61.93% | -12.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -699.89% | -135.02% |
| Operating Income | 8.37B | 7.91B | 8.63B | 15.25B | 7.12B | 4.64B | 1.65B | 3.37B | 1.74B | 774.13M | 4.34B | 2.99B | 2.97B | 2.32B | 1.03B | 426.88M | 48.01M | -16.82M | -5.11M | -1.28M | -563.00K | -763.03K | -313.89K | -137.67K | -244.05K | -417.66K | -146.36K | -3.08M | -226.30K | -394.15K | -63.34K | -24.81K | -8.94K | -13.04K | 44.20K | 2.07M |
| Operating Income Ratio | 46.24% | 47.46% | 52.34% | 67.98% | 53.71% | 47.68% | 25.64% | 39.84% | 24.50% | 12.13% | 39.78% | 40.15% | 43.85% | 39.79% | 37.90% | 29.16% | 26.00% | 0.00% | -1,118.76% | -126.94% | -72.03% | -113.95% | -75.77% | -19.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 164.71% | 101.83% |
| Total Other Income/Expenses | -74.00M | -1.03B | 216.23M | -372.00M | -151.00M | -74.00M | -405.12M | -403.89M | -320.00M | -368.00M | -688.00M | -333.00M | -681.22M | -719.06M | -449.32M | 127.99M | -3.50B | -54.61M | 6.03M | 642.74K | 1.22M | 289.62K | 388.12K | 507.23K | -30.35K | 0.00 | 0.00 | 53.35K | -417.22K | -4.23K | 424.58K | -154.82K | -204.23K | -839.06K | -293.96K | -6.43M |
| Income Before Tax | 8.30B | 6.81B | 8.38B | 14.82B | 6.91B | 4.47B | 1.18B | 3.01B | 1.39B | 319.39M | 3.68B | 2.28B | 2.29B | 1.43B | 488.12M | 529.20M | -3.30B | -74.46M | -897.34K | -482.76K | 295.97K | -381.64K | -94.80K | 189.97K | -274.40K | -208.83K | -146.36K | 126.05K | -643.53K | -398.37K | 361.23K | -179.64K | -213.17K | -852.10K | -187.83K | -2.82M |
| Income Before Tax Ratio | 45.83% | 40.86% | 50.83% | 66.07% | 52.18% | 45.86% | 18.38% | 35.60% | 19.49% | 5.01% | 33.70% | 30.61% | 33.86% | 24.53% | 17.99% | 36.15% | -1,788.48% | 0.00% | -196.39% | -47.87% | 37.86% | -56.99% | -22.88% | 27.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -699.89% | -138.35% |
| Income Tax Expense | 2.64B | 2.06B | 2.51B | 4.46B | 2.02B | 1.35B | 348.64M | 887.13M | 378.32M | 79.09M | 1.10B | 665.53M | 712.27M | 334.24M | -1.49M | 123.05M | -991.70M | -25.27M | 3.98M | -482.76K | 295.97K | -381.64K | -94.80K | 189.97K | -274.40K | -208.83K | -146.36K | 126.05K | -643.53K | -398.37K | 361.23K | -179.64K | -213.17K | -852.10K | -187.83K | -2.82M |
| Net Income | 5.68B | 4.80B | 6.20B | 10.30B | 4.74B | 3.19B | 647.02M | 1.60B | 984.00M | 241.06M | 2.73B | 1.75B | 1.56B | 1.02B | 580.95M | 406.15M | -2.31B | -49.19M | -1.18M | -482.76K | 295.97K | -381.64K | -94.80K | 189.97K | 30.35K | -208.83K | -146.36K | 126.05K | -643.53K | -398.37K | 361.23K | -179.64K | -213.17K | -852.10K | -187.83K | -2.82M |
| Net Income Ratio | 31.38% | 28.81% | 37.59% | 45.90% | 35.73% | 32.73% | 10.05% | 18.94% | 13.82% | 3.78% | 25.03% | 23.44% | 23.05% | 17.57% | 21.41% | 27.75% | -1,251.49% | 0.00% | -257.19% | -47.87% | 37.86% | -56.99% | -22.88% | 27.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -699.89% | -138.35% |
| EPS | 1.85 | 1.54 | 1.91 | 3.37 | 1.59 | 1.03 | 0.21 | 0.51 | 0.32 | 0.08 | 0.83 | 0.52 | 0.51 | 0.35 | 0.16 | 0.14 | -1.43 | -0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | 1.84 | 1.53 | 1.90 | 3.36 | 1.59 | 1.03 | 0.21 | 0.51 | 0.32 | 0.08 | 0.83 | 0.52 | 0.51 | 0.35 | 0.16 | 0.14 | -1.43 | -0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 3.08B | 3.08B | 3.08B | 3.08B | 3.08B | 3.09B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.11B | 3.08B | 2.86B | 1.62B | 2.61B | 2.23B | 1.75B | 1.58B | 596.74M | 456.70M | 452.41M | 423.66M | 355.29M | 346.34M | 368.83M | 266.34M | 373.37M | 241.60M | 186.46M | 143.76M | 185.03M | 3.09B | 3.08B |
| Weighted Avg Shares Out (Dil) | 3.08B | 3.08B | 3.08B | 3.09B | 3.09B | 3.10B | 3.12B | 3.12B | 3.12B | 3.12B | 3.11B | 3.12B | 3.11B | 3.11B | 3.09B | 2.87B | 1.62B | 2.61B | 2.23B | 1.75B | 1.58B | 596.74M | 456.70M | 452.41M | 423.66M | 355.29M | 346.34M | 368.83M | 266.34M | 373.37M | 241.60M | 186.46M | 143.76M | 185.03M | 3.09B | 3.08B |
Profit Collapse Looms For BHP, Rio Tinto And Fortescue
The crash in prices for nickel and lithium, two key battery metals, could be a precursor to something more significant, a collapse in the price of iron ore which underpins the profits of some of the world's biggest mining companies.
Carbon capture tech a 'complete falsehood', says Fortescue Metals chairman
Carbon capture is not a solution for the energy transition and political leaders need to provide real, non-greenwashed, commitments to encourage investment, Andrew Forrest, executive chairman of Fortescue Metals, said on Tuesday.
Fortescue gets 200 mln euros for Norway green ammonia plant
Australia's Fortescue on Friday said it received 200 million euros ($219.3 million) from the European Union (EU) for its Holmaneset Project, a flagship green ammonia plant in Norway.
Iron ore price surge boosts Rio Tinto, BHP, Fortescue Metals stocks
Iron ore prices continued its remarkable rally after China announced another stimulus package aimed at boosting the economy. It jumped to a high of $129.55 on Thursday, its highest point in over 10 months.
Australian iron ore miner Fortescue pours $750M into green energy and metals initiatives
(Kitco News) - Australian mining group Fortescue (ASX: FMG) announced on Tuesday that its Board has approved a final investment decision on two green energy projects and a green metal project, with total investment of approximately US$750 million over the...
Australia's Fortescue to launch battery manufacturing center in the US
(Kitco News) - Fortescue said that its new manufacturing center is anticipated to directly benefit from Inflation Reduction Act tax credits for Battery Modules, up to US$10 per kWh.
Australian iron ore giant Fortescue reports lower shipments in Sept qtr, reaffirms guidance
(Kitco News) - Australian iron ore miner Fortescue (ASX: FMG) yesterday reported shipments of 45.9 million tonnes in the September 2023 quarter, 3% lower than the prior corresponding period with increased maintenance activity and lower stocks at port.
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Fortescue Energy names Deborah Caudle as CFO
Fortescue said on Wednesday Deborah Caudle has been appointed as the chief financial officer of Fortescue Energy, and will assume the role in September.
Fortescue Metals Group: Turnaround Will Weigh On Returns
Fortescue Metals Group Limited's iron ore production costs have been rising, and with Australian inflation still high, costs may rise further. Simultaneously, iron ore prices have been declining and Chinese demand for ore may gradually diminish over the longer term,...
Source: https://incomestatements.info
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