FY26 Full Year Results
| Stock | Fortescue Ltd (FMG.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 8:36 a.m. |
| Price Sensitive | Yes |
Fortescue Ltd FY26 Full Year Results
- Underlying net profit after tax of US$3.5 billion and free cash flow of US$3.2 billion
- Fully franked FY26 dividends of A$1.08 per share
- Record iron ore shipments of 201.3 million tonnes
- Underlying EBITDA of US$8.6 billion and an Underlying EBITDA margin of 51 per cent
- Robust balance sheet with cash of US$5.1 billion and net debt of US$0.9 billion
Fortescue Ltd announced its FY26 Full Year Results, highlighting an underlying net profit after tax of US$3.5 billion, a strong free cash flow of US$3.2 billion, and fully franked dividends totaling A$1.08 per share. The company achieved record iron ore shipments of 201.3 million tonnes, with an underlying EBITDA of US$8.6 billion and a margin of 51 per cent. Fortescue maintained a robust balance sheet, with cash reserves of US$5.1 billion and net debt of US$0.9 billion. The company also made significant progress in its sustainability initiatives, including the expansion of its renewable energy projects and advancements in its decarbonization efforts.
FY27 iron ore shipments: 197 - 207 Mt, C1 unit cost: US$20.50 - US$21.75/wmt, metals capital expenditure: US$3.7 - US$4.7 billion
Fortescue is focused on continuing to invest in growth while delivering returns to shareholders. The company is also exploring ways to enhance productivity and leverage AI across its operations.