Fortescue
FMG.ASXMaterials
Fortescue is the technology, energy and metals group accelerating the commercial decarbonisation of industry, rapidly, profitably and globally.
Market Data
$22.310
+0.0%$67.1B
13.2x
$1.692
5.47%
+0.2%
Latest Earnings
FY26 Half Year Results Announcement
25 February 2026
Fortescue delivered a standout H1 FY26 with record iron ore shipments of 100.2Mt (+3% YoY) and Underlying EBITDA of US$4.5B (+23% YoY) with an expanded 53% margin, driving NPAT to US$1.9B (+23% YoY) and EPS to US$0.62. The company declared a fully franked interim dividend of A$0.62 per share (+24% YoY) representing 65% payout, underpinned by strong operational execution, cost discipline (C1 down 3% to US$18.64/wmt), and robust cash generation of US$3.2B from operations and US$1.5B free cash flow. Key points: Record H1 iron ore shipments of 100.2Mt, the highest first half in Fortescue's history, up 3% YoY driven by strong supply chain performance; Underlying EBITDA surged 23% to US$4.5B with margin expansion of 5 percentage points to 53%, demonstrating operational leverage and pricing strength; Hematite C1 unit cost reduced 3% to US$18.64/wmt despite higher volumes, maintaining industry-leading cost position and supporting margin improvement
Recent Announcements
Ceasing to be a substantial holder
State Street Corporation ceased to be a substantial holder.
Becoming a substantial holder
State Street Corporation became a substantial holder (5.02%).
FY26 Half Year Results Announcement
Fortescue delivered a standout H1 FY26 with record iron ore shipments of 100.2Mt (+3% YoY) and Underlying EBITDA of US$4.5B (+23% YoY) with an expanded 53% margin, driving NPAT to US$1.9B (+23% YoY) and EPS to US$0.62. The company declared a fully franked interim dividend of A$0.62 per share (+24% YoY) representing 65% payout, underpinned by strong operational execution, cost discipline (C1 down 3% to US$18.64/wmt), and robust cash generation of US$3.2B from operations and US$1.5B free cash flow. Key points: Record H1 iron ore shipments of 100.2Mt, the highest first half in Fortescue's history, up 3% YoY driven by strong supply chain performance; Underlying EBITDA surged 23% to US$4.5B with margin expansion of 5 percentage points to 53%, demonstrating operational leverage and pricing strength; Hematite C1 unit cost reduced 3% to US$18.64/wmt despite higher volumes, maintaining industry-leading cost position and supporting margin improvement
FY26 Half Year Financial Report and Appendix 4D
Fortescue delivered strong H1 FY26 results with net profit after tax of US$1,914 million, up 23% year-on-year, driven by record shipments of 100.2Mt, higher iron ore prices (US$91/dmt, +7% YoY), and improved unit costs. Underlying EBITDA reached US$4,486 million (+23% YoY) with a 53% margin, supported by solid operational execution across hematite and magnetite production, while the company declared a fully franked interim dividend of A$0.62 per share (+24% from prior year). Key points: Record H1 shipments of 100.2Mt (95.9Mt hematite + 4.3Mt Iron Bridge magnetite), with magnetite shipments up 39% YoY; Net profit after tax increased 23% to US$1,914 million with underlying EBITDA up 23% to US$4,486 million (53% margin); Hematite realised price improved 7% to US$91/dmt with lower C1 unit costs of US$18.64/wmt (-3% YoY) demonstrating operational excellence
FY26 Half Year Results Presentation
This is NOT a substantial shareholder notice—it is Fortescue Ltd's H1 FY26 half-year results presentation. The company reported record first-half iron ore shipments of 100.2Mt, net profit after tax of US$1.9bn, revenue of US$8.4bn, and underlying EBITDA of US$4.5bn, with an industry-leading hematite C1 unit cost of US$18.64/wmt and a 65% dividend payout ratio (A$0.62 per share fully franked).
Earnings Release - 25 February 2026
Upcoming earnings release expected 25 February 2026 (from Yahoo Finance (confirmed))
FY25 Full Year Results Presentation
This is Fortescue Metals Group's FY25 full year results presentation, not a substantial shareholder notice or regulatory filing. The document outlines the company's financial performance, operational highlights, strategic initiatives in decarbonization and green metal production, and forward guidance for FY26.
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