FY26 Full Year Results Presentation

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Stock Fortescue Ltd (FMG.ASX)
Release Time 20 Aug 2026, 8:37 a.m.
Price Sensitive Yes
 Fortescue Ltd FY26 Results Presentation
Key Points
  • Underlying net profit after tax US$3.5bn
  • Iron ore shipped 201.3Mt
  • Total dividends A$3.3bn with 65% payout ratio
  • FY27 guidance: Total iron ore shipments 197 - 207Mt
  • FY27 guidance: Hematite C1 unit cost US$20.50 - US$21.75/wmt
Full Summary

Fortescue Ltd's FY26 results presentation highlights a robust performance with an underlying net profit after tax of US$3.5bn, driven by iron ore shipments of 201.3Mt. The company's financial highlights include underlying EBITDA of US$8.6bn, a revenue of US$17.0bn, and an underlying EBITDA margin of 51%. Fortescue also reported a strong balance sheet with US$5.9bn in free cash flow and US$0.9bn in net debt. The company maintained a disciplined capital allocation strategy, with a focus on delivering returns to shareholders and investing in growth and development. Fortescue's FY27 guidance anticipates total iron ore shipments between 197 - 207Mt and a C1 unit cost for Hematite between US$20.50 - US$21.75/wmt.

Guidance

FY27: Total iron ore shipments 197 - 207Mt, Hematite C1 unit cost US$20.50 - US$21.75/wmt

Outlook

Fortescue is optimistic about its future, with plans to expand its green energy initiatives, diversify into critical minerals, and continue driving productivity through technology and innovation.