FMG.AX
Fortescue Ltd
ASXAUDEQUITY
Basic Materials
DELAYED
Last price
17.75
▼ 0.20 (1.11%)
MARKET · —
Price
Open
18.13
Prev close
17.95
Day high
18.20
Day low
17.71
Volume
8.55M
Market cap
$54.65B
P/E (TTM)
13.55
52W range
17.44 – 23.38
Trailing performance
Returnvs SPY
1W
+0.62%
+2.0%
1M
-5.38%
-9.1%
3M
-18.80%
-21.9%
6M
-11.16%
-22.2%
YTD
-19.35%
-31.6%
1Y
-11.25%
-31.2%
3Y
-10.67%
-84.8%
5Y
-11.25%
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$54.65B
Enterprise value$55.41B
Revenue (TTM)$16.97B
Gross profit$6.81B
EBITDA$8.17B
Net income$2.87B
EPS (TTM)$1.31
Free cash flow$3.17B
Total cash$5.07B
Total debt$5.93B
Book value / share$9.26
Shares outstanding3.08B
Float1.58B
Short % of float—
Dividend yield6.08%
Beta (5Y)0.76
Valuation & profitability ratios
Trailing P/E13.55
Forward P/E15.62
PEG ratio0.06
Price / sales—
Price / book1.92
EV / revenue3.27
EV / EBITDA6.79
Gross margin40.14%
Operating margin29.25%
Profit margin16.92%
Return on equity14.23%
Return on assets10.98%
Debt / equity29.30
Current ratio2.32
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Total revenue | $16.97B | $15.54B | $18.22B | $16.87B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $2.87B | $3.37B | $5.68B | $4.80B |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Net income | $2.87B | $3.37B | $5.68B | $4.80B |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | 0.88 | 13 | $16.31B | -3.9% |
| Next year | 0.83 | 13 | $15.26B | -6.4% |
Analyst targets & ownership
Mean target$17.55
High target$21.83
Low target$14.87
Implied upside-1.13%
Analyst count17
ConsensusHOLD
Strong buy / Buy1 / 1
Hold8
Sell / Strong sell3 / 4
Held by insiders48.71%
Held by institutions22.39%
Institutions holding361
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.50B
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 4, 26 | Gaines (Elizabeth Anne) Director (Executive) |
SELL | 275.00K | $3.94M | Direct |
| Mar 30, 26 | Marshall (Larry) Director (Non-Executive) |
BUY | 895 | $11.80K | Direct |
| Mar 30, 26 | Barnaba (Mark) Deputy Chairman |
— | 1.47K | — | Direct |
| Feb 26, 26 | Barnaba (Mark) Deputy Chairman |
BUY | 288 | $4.26K | Direct |
| Feb 26, 26 | Marshall (Larry) Director (Non-Executive) |
BUY | 4.93K | $72.95K | Direct |
| Feb 26, 26 | Rao-Monari (Usha) Director (Non-Executive) |
BUY | 287 | $4.25K | Direct |
| Sep 26, 25 | Marshall (Larry) Director (Non-Executive) |
BUY | 707 | $8.71K | Direct |
| Sep 26, 25 | Barnaba (Mark) Deputy Chairman |
BUY | 10 | $123 | Direct |
| Sep 26, 25 | Barnaba (Mark) Deputy Chairman |
BUY | 1.40K | $17.20K | Direct |
| Aug 27, 25 | Barnaba (Mark) Deputy Chairman |
BUY | 316 | $3.91K | Direct |
| Aug 27, 25 | Marshall (Larry) Director (Non-Executive) |
BUY | 5.42K | $66.98K | Direct |
| Aug 27, 25 | Rao-Monari (Usha) Director (Non-Executive) |
BUY | 316 | $3.91K | Direct |
| Jun 30, 25 | Otranto (Dino) Divisional Officer |
— | 103.70K | — | Direct |
| Jun 30, 25 | Paget (Apple) Chief Financial Officer |
— | 7.98K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Barnaba (Mark) |
Deputy Chairman | 47.86K | Acquisition |
Bingham-Hall (Penelope) |
Director (Non-Executive) | 65.72K | Acquisition |
Coe (Sebastian KBE) |
Director (Non-Executive) | 12.00K | Purchase |
Gaines (Elizabeth Anne) |
Director (Executive) | 66.29K | Sale |
Marshall (Larry) |
Director (Non-Executive) | 28.69K | Acquisition |
Otranto (Dino) |
Divisional Officer | 104.29K | Other |
Paget (Apple) |
Chief Financial Officer | 12.85K | Other |
Rao-Monari (Usha) |
Director (Non-Executive) | 872 | Purchase |
Moving averages & technicals
SMA 10
17.87
-0.66% from price
SMA 20
18.16
-2.25% from price
SMA 50
18.71
-5.14% from price
SMA 100
19.88
-10.73% from price
SMA 200
20.51
-13.44% from price
EMA 12
17.96
-1.14% from price
EMA 26
18.25
-2.72% from price
EMA 50
18.75
-5.33% from price
RSI (14)
40.2
Neutral
MACD (12,26,9)
-0.29
Hist 0.02
ATR (14)
0.38
2.16% of price
Realised vol 30D
21.4%
Annualised
Bollinger upper
18.99
20, 2σ
Bollinger lower
17.33
20, 2σ
50 / 200 cross
Death
18.71 vs 20.51
Trend bias
Below 200
-13.44%
Risk profile
Beta vs SPY
-0.04
Less volatile than market
Correlation to SPY
-0.02
Largely independent
Realised vol 30D
21.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-23.3%
Peak to trough
Max drawdown 5Y
-52.5%
Peak to trough
ATR 14
0.38
2.16% of price
Beta (reported)
0.76
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.