Fortescue Metals Group (FSUGY) Financial Statements
Price: $19.535
Market Cap: $30.11B
Avg Volume: 188.37K
Market Cap: $30.11B
Avg Volume: 188.37K
Country: AU
Industry: Industrial Materials
Sector: Basic Materials
Industry: Industrial Materials
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Fortescue Metals Group.
Income Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.11B | $16.66B | $16.49B | $22.43B | $13.25B | $9.74B | $6.44B | $8.46B | $7.12B | $6.38B |
| Cost of Revenue | $8.67B | $7.92B | $7.33B | $6.92B | $6.02B | $5.00B | $4.72B | $5.03B | $5.26B | $4.60B |
| Gross Profit | $9.44B | $8.74B | $9.16B | $15.51B | $7.24B | $4.74B | $1.72B | $3.43B | $1.86B | $1.78B |
| Gross Profit Ratio | 52.11% | 52.45% | 55.55% | 69.14% | 54.60% | 48.63% | 26.67% | 40.52% | 26.10% | 27.88% |
| Research and Development Expenses | $495.00M | $830.27M | $512.73M | $138.69M | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $416.00M | $191.26M | $140.26M | $116.37M | $78.99M | $66.41M | $51.53M | $42.87M | $38.80M | $71.48M |
| Selling and Marketing Expenses | $- | $639.05M | $388.79M | $144.31M | $38.84M | $26.45M | $14.97M | $13.97M | $14.52M | $- |
| Selling General and Administrative Expenses | $416.00M | $830.31M | $529.05M | $260.68M | $117.83M | $92.86M | $66.50M | $56.84M | $53.31M | $71.48M |
| Other Expenses | $51.00M | $93.64M | $-16.50M | $-111.12M | $49.20M | $78.29M | $104.52M | $10.72M | $-60.49M | $198.48M |
| Operating Expenses | $1.06B | $830.31M | $529.05M | $260.68M | $117.83M | $92.86M | $66.50M | $56.84M | $113.80M | $1.18B |
| Cost and Expenses | $9.73B | $8.75B | $7.86B | $7.18B | $6.13B | $5.10B | $4.79B | $5.09B | $5.38B | $5.78B |
| Interest Income | $- | $147.11M | $13.27M | $16.10M | $51.68M | $25.41M | $22.80M | $19.29M | $22.56M | $11.41M |
| Interest Expense | $95.00M | $271.51M | $164.97M | $164.06M | $266.67M | $309.86M | $350.54M | $446.61M | $646.94M | $454.75M |
| Depreciation and Amortization | $2.14B | $1.74B | $1.53B | $1.37B | $1.40B | $1.20B | $1.28B | $1.24B | $1.24B | $1.07B |
| EBITDA | $10.51B | $9.63B | $10.40B | $16.62B | $8.15B | $5.91B | $3.12B | $4.68B | $3.15B | $2.38B |
| EBITDA Ratio | 58.05% | 57.80% | 63.06% | 74.11% | 61.53% | 60.67% | 48.48% | 55.31% | 44.16% | 37.26% |
| Operating Income | $8.49B | $7.91B | $8.63B | $15.25B | $7.12B | $4.64B | $1.65B | $3.37B | $1.74B | $774.13M |
| Operating Income Ratio | 46.88% | 47.46% | 52.34% | 67.98% | 53.71% | 47.68% | 25.64% | 39.84% | 24.50% | 12.13% |
| Total Other Income Expenses Net | $-189.00M | $-1.03B | $216.23M | $-372.00M | $-151.00M | $-141.00M | $-486.00M | $-469.00M | $-320.00M | $-368.00M |
| Income Before Tax | $8.30B | $6.81B | $8.38B | $14.82B | $6.91B | $4.47B | $1.18B | $3.01B | $1.39B | $319.39M |
| Income Before Tax Ratio | 45.83% | 40.86% | 50.83% | 66.07% | 52.18% | 45.86% | 18.38% | 35.60% | 19.49% | 5.01% |
| Income Tax Expense | $2.64B | $2.06B | $2.51B | $4.46B | $2.02B | $1.35B | $348.64M | $887.13M | $378.32M | $79.09M |
| Net Income | $5.68B | $4.80B | $6.20B | $10.29B | $4.74B | $3.19B | $647.02M | $1.60B | $984.00M | $241.06M |
| Net Income Ratio | 31.38% | 28.81% | 37.59% | 45.90% | 35.73% | 32.73% | 10.05% | 18.94% | 13.82% | 3.78% |
| EPS | $3.70 | $1.54 | $1.91 | $3.37 | $1.59 | $1.03 | $0.21 | $0.51 | $0.32 | $0.08 |
| EPS Diluted | $3.69 | $1.53 | $1.90 | $3.36 | $1.59 | $1.03 | $0.21 | $0.51 | $0.32 | $0.08 |
| Weighted Average Shares Outstanding | 1.54B | 3.08B | 3.08B | 3.08B | 3.08B | 3.09B | 3.11B | 3.11B | 3.11B | 3.11B |
| Weighted Average Shares Outstanding Diluted | 1.54B | 3.08B | 3.08B | 3.09B | 3.09B | 3.10B | 3.12B | 3.12B | 3.12B | 3.12B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $4.90B | $4.28B | $5.22B | $6.93B | $4.89B | $1.87B | $859.77M | $1.83B | $1.59B | $1.81B |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $4.90B | $4.28B | $5.22B | $6.93B | $4.89B | $1.87B | $859.77M | $1.83B | $1.59B | $1.81B |
| Net Receivables | $654.00M | $331.00M | $468.00M | $568.00M | $475.00M | $882.00M | $89.00M | $141.00M | $210.00M | $291.00M |
| Inventory | $1.53B | $1.19B | $1.08B | $1.21B | $833.29M | $769.02M | $494.14M | $586.80M | $555.10M | $587.82M |
| Other Current Assets | $81.00M | $278.00M | $123.00M | $249.00M | $139.00M | $84.00M | $195.82M | $38.00M | $80.81M | $84.00M |
| Total Current Assets | $7.17B | $6.07B | $6.90B | $8.96B | $6.34B | $3.60B | $1.64B | $2.60B | $2.43B | $2.68B |
| Property Plant Equipment Net | $21.68B | $20.11B | $19.89B | $18.73B | $16.55B | $15.47B | $15.27B | $15.65B | $16.13B | $13.48B |
| Goodwill | $195.00M | $129.50M | $136.83M | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $193.00M | $298.30M | $256.97M | $10.00M | $7.04M | $5.98M | $3.99M | $6.99M | $15.03M | $33.46M |
| Goodwill and Intangible Assets | $388.00M | $298.30M | $256.97M | $10.00M | $7.04M | $5.98M | $3.99M | $6.99M | $15.03M | $33.46M |
| Long Term Investments | $364.00M | $352.18M | $93.99M | $24.00M | $2.01M | $1.99M | $2.99M | $2.99M | $4.01M | $- |
| Tax Assets | $- | $788.16M | $720.91M | $709.03M | $716.55M | $514.01M | $429.39M | $469.04M | $355.70M | $- |
| Other Non-Current Assets | $461.00M | $1.32B | $1.23B | $656.03M | $649.12M | $539.91M | $856.78M | $818.32M | $801.59M | $44.11M |
| Total Non-Current Assets | $22.89B | $22.87B | $22.19B | $20.13B | $17.93B | $16.53B | $16.57B | $16.95B | $17.30B | $13.56B |
| Other Assets | $- | $1 | $1 | $1 | $1 | $1 | $- | $1 | $- | $1 |
| Total Assets | $30.06B | $28.94B | $29.09B | $29.09B | $24.26B | $20.13B | $18.21B | $19.54B | $19.73B | $16.24B |
| Account Payables | $1.04B | $984.00M | $315.00M | $1.01B | $281.00M | $315.00M | $272.00M | $234.00M | $190.00M | $178.00M |
| Short Term Debt | $192.00M | $165.00M | $173.00M | $167.00M | $186.00M | $86.00M | $97.00M | $121.00M | $93.00M | $155.00M |
| Tax Payables | $- | $303.29M | $283.97M | $1.47B | $1.03B | $759.06M | $- | $683.60M | $267.53M | $- |
| Deferred Revenue | $65.00M | $70.83M | $283.97M | $1.47B | $1.03B | $484.13M | $266.00M | $460.06M | $485.96M | $471.48M |
| Other Current Liabilities | $1.39B | $1.01B | $1.64B | $1.24B | $1.30B | $1.48B | $593.72M | $1.16B | $598.47M | $950.63M |
| Total Current Liabilities | $2.69B | $2.46B | $2.42B | $3.88B | $2.81B | $2.64B | $1.23B | $2.20B | $1.64B | $1.28B |
| Long Term Debt | $5.21B | $5.16B | $5.93B | $4.08B | $4.93B | $3.87B | $3.88B | $4.35B | $6.68B | $9.41B |
| Deferred Revenue Non-Current | $- | $27.93M | $647.92M | $681.03M | $738.69M | $522.97M | $526.02M | $446.09M | $308.61M | $647.90M |
| Deferred Tax Liabilities Non-Current | $1.52B | $2.29B | $2.49B | $2.42B | $2.37B | $2.20B | $2.03B | $2.02B | $1.86B | $1.04B |
| Other Non-Current Liabilities | $1.11B | $3.37B | $3.40B | $3.39B | $3.20B | $3.07B | $3.40B | $1.28B | $2.99B | $-2.41B |
| Total Non-Current Liabilities | $7.84B | $8.52B | $9.33B | $7.48B | $8.12B | $6.94B | $7.28B | $7.63B | $9.67B | $9.23B |
| Other Liabilities | $1 | $1 | $- | $1 | $1 | $- | $- | $2 | $1 | $- |
| Total Liabilities | $10.53B | $10.98B | $11.75B | $11.36B | $10.94B | $9.57B | $8.52B | $9.83B | $11.31B | $10.51B |
| Preferred Stock | $- | $- | $1 | $- | $1 | $1 | $1 | $1 | $1 | $- |
| Common Stock | $1.08B | $1.19B | $1.19B | $1.20B | $1.20B | $1.19B | $1.29B | $1.29B | $1.30B | $984.01M |
| Retained Earnings | $18.30B | $16.74B | $16.17B | $16.58B | $12.08B | $9.33B | $8.35B | $8.37B | $7.07B | $4.70B |
| Accumulated Other Comprehensive Income Loss | $175.00M | $169.60M | $108.99M | $46.00M | $62.40M | $41.84M | $45.83M | $38.92M | $33.07M | $34.98M |
| Other Total Stockholders Equity | $- | $-192.89M | $4.22M | $-90.00M | $-104.67M | $-54.84M | $-9.00M | $-26.87M | $- | $-1 |
| Total Stockholders Equity | $19.55B | $17.95B | $17.33B | $17.73B | $13.32B | $10.55B | $9.68B | $9.70B | $8.41B | $5.72B |
| Total Equity | $19.53B | $17.96B | $17.34B | $17.74B | $13.33B | $10.56B | $9.70B | $9.71B | $8.42B | $5.73B |
| Total Liabilities and Stockholders Equity | $30.08B | $28.94B | $29.09B | $29.09B | $24.26B | $20.13B | $18.21B | $19.54B | $19.73B | $16.23B |
| Minority Interest | $-21.00M | $8.98M | $8.00M | $8.00M | $13.08M | $12.95M | $12.95M | $13.97M | $14.03M | $9.89M |
| Total Liabilities and Total Equity | $30.08B | $28.94B | $29.09B | $29.09B | $24.26B | $20.13B | $18.21B | $19.54B | $19.73B | $16.23B |
| Total Investments | $364.00M | $352.18M | $93.99M | $24.00M | $2.01M | $1.99M | $2.99M | $2.99M | $4.01M | $- |
| Total Debt | $5.40B | $5.31B | $6.10B | $4.25B | $5.15B | $3.94B | $3.96B | $4.46B | $6.78B | $7.28B |
| Net Debt | $497.00M | $1.03B | $878.89M | $-2.68B | $259.65M | $2.07B | $3.10B | $2.63B | $5.20B | $5.47B |
Cash Flow Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $5.68B | $4.74B | $5.88B | $10.36B | $4.89B | $3.12B | $835.03M | $2.12B | $1.01B | $411.89M |
| Depreciation and Amortization | $2.14B | $1.72B | $1.45B | $1.37B | $1.44B | $1.13B | $1.21B | $1.26B | $1.28B | $1.83B |
| Deferred Income Tax | $- | $- | $54.99M | $71.46M | $-45.48M | $80.15M | $46.55M | $57.86M | $- | $- |
| Stock Based Compensation | $- | $148.00M | $128.00M | $94.00M | $41.00M | $29.91M | $18.92M | $20.82M | $-4.03M | $11.69M |
| Change in Working Capital | $-382.00M | $-385.04M | $-1.40B | $642.14M | $258.40M | $-124.14M | $-768.53M | $713.56M | $-187.62M | $1.06B |
| Accounts Receivables | $- | $-59.24M | $262.63M | $-193.25M | $392.77M | $-783.93M | $19.95M | $102.52M | $82.02M | $388.51M |
| Inventory | $- | $-92.81M | $-312.88M | $-386.49M | $-57.88M | $-269.78M | $87.40M | $-34.51M | $193.77M | $669.17M |
| Accounts Payables | $- | $-987.29K | $46.46M | $829.35M | $73.39M | $301.06M | $-28.50M | $68.01M | $-34.86M | $- |
| Other Working Capital | $-382.00M | $-232.01M | $-1.40B | $392.53M | $-149.87M | $628.52M | $-847.38M | $577.55M | $-428.56M | $- |
| Other Non Cash Items | $474.00M | $1.23B | $3.20B | $2.63B | $2.53B | $3.07B | $2.30B | $111.65M | $378.32M | $-660.07M |
| Net Cash Provided by Operating Activities | $7.92B | $7.31B | $6.27B | $12.58B | $6.60B | $4.26B | $1.28B | $4.27B | $2.48B | $2.02B |
| Investments in Property Plant and Equipment | $-2.83B | $-2.86B | $-2.66B | $-3.40B | $-2.01B | $-1.02B | $-855.93M | $-739.95M | $-369.09M | $-645.62M |
| Acquisitions Net | $- | $65.16M | $-195.31M | $-33.21M | $7.24M | $4.89M | $15.20M | $2.03M | $2.05M | $- |
| Purchases of Investments | $-47.00M | $-276.44M | $-57.84M | $-1.01M | $-9.30M | $1 | $-52.25M | $- | $- | $- |
| Sales Maturities of Investments | $- | $-7.31M | $- | $-1 | $-1 | $55.72M | $- | $- | $- | $76.80M |
| Other Investing Activities | $70.00M | $7.31M | $-82.56M | $-252.63M | $-21.71M | $2.93M | $3.80M | $12.18M | $1 | $16.73M |
| Net Cash Used for Investing Activities | $-2.81B | $-3.08B | $-2.91B | $-3.69B | $-2.03B | $-960.86M | $-889.18M | $-725.74M | $-367.04M | $-552.08M |
| Debt Repayment | $-10.00M | $-760.00M | $1.90B | $-781.00M | $720.00M | $-29.00M | $-474.00M | $-2.45B | $-2.70B | $-257.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $833 | $- |
| Common Stock Repurchased | $-142.00M | $-149.08M | $-130.84M | $-121.00M | $-45.48M | $-129.00M | $-24.00M | $-27.41M | $-21.00M | $-30.00M |
| Dividends Paid | $-4.14B | $-3.92B | $-6.70B | $-5.68B | $-1.93B | $-2.22B | $-643.34M | $-577.94M | $-85.05M | $-260.83M |
| Other Financing Activities | $-173.00M | $-168.00M | $129.09M | $-307.00M | $-32.00M | $-14.00M | $68.63M | $-47.00M | $-71.62M | $-605.00M |
| Net Cash Used Provided by Financing Activities | $-4.46B | $-4.91B | $-4.81B | $-6.80B | $-1.29B | $-2.32B | $-1.30B | $-3.28B | $-2.91B | $-939.15M |
| Effect of Forex Changes on Cash | $-27.00M | $-168.02M | $-125.82M | $750.79K | $-128.19M | $9.09M | $-10.31M | $-3.06M | $-17.16M | $-70.72M |
| Net Change in Cash | $616.00M | $-768.08M | $-1.12B | $1.64B | $3.04B | $1.05B | $-904.03M | $206.85M | $-190.27M | $-12.93M |
| Cash at End of Period | $4.90B | $4.28B | $5.22B | $6.93B | $4.89B | $1.87B | $859.77M | $1.83B | $1.59B | $1.81B |
| Cash at Beginning of Period | $4.29B | $5.05B | $6.35B | $5.29B | $1.85B | $816.50M | $1.76B | $1.63B | $1.78B | $1.82B |
| Operating Cash Flow | $7.92B | $7.31B | $6.27B | $12.58B | $6.60B | $4.26B | $1.28B | $4.27B | $2.48B | $2.02B |
| Capital Expenditure | $-2.83B | $-2.86B | $-2.66B | $-3.40B | $-2.01B | $-1.02B | $-855.93M | $-739.95M | $-369.09M | $-645.62M |
| Free Cash Flow | $5.08B | $4.44B | $3.62B | $9.17B | $4.59B | $3.24B | $423.69M | $3.53B | $2.11B | $1.37B |