Fortescue Ltd (FMG) — Capital Reinvestment Ratio
Latest as of December 2025:
0.47x
Fortescue Ltd (FMG) has a Capital Reinvestment Ratio of 0.47x as of December 2025, meaning it reinvests 0% of its operating cash flow (AU$3.23 Billion) in capital expenditures (AU$1.50 Billion). See Fortescue Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.47x
Capex / Operating Cash Flow
Operating Cash Flow
AU$3.23 Billion
AUD
Capital Expenditures
AU$1.50 Billion
AUD
Data as of
Dec 2025
Most recent filing
Fortescue Ltd Capital Reinvestment Ratio (2001–2025)
This chart tracks Fortescue Ltd's Capital Reinvestment Ratio across 19 annual periods.
Annual Capital Reinvestment Ratio for Fortescue Ltd (2001–2025)
Year-by-year Capital Reinvestment Ratio for Fortescue Ltd from 2001 to 2025. For live market cap and broader valuation context, see Fortescue Ltd stock valuation.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.50x | AU$6.47 Billion | AU$3.24 Billion | ▲ +39.8% |
| 2024 | 0.36x | AU$7.92 Billion | AU$2.83 Billion | ▲ +37.7% |
| 2023 | 0.26x | AU$11.16 Billion | AU$2.90 Billion | ▼ -10.7% |
| 2022 | 0.29x | AU$9.63 Billion | AU$2.80 Billion | ▲ +44.6% |
| 2021 | 0.20x | AU$16.80 Billion | AU$3.38 Billion | ▼ -3.8% |
| 2020 | 0.21x | AU$9.30 Billion | AU$1.95 Billion | ▼ -13.0% |
| 2019 | 0.24x | AU$4.26 Billion | AU$1.02 Billion | ▼ -64.1% |
| 2018 | 0.67x | AU$1.28 Billion | AU$855.93 Million | ▲ +286.2% |
| 2017 | 0.17x | AU$4.27 Billion | AU$739.95 Million | ▲ +16.3% |
| 2016 | 0.15x | AU$2.48 Billion | AU$369.09 Million | ▼ -53.5% |
| 2015 | 0.32x | AU$2.02 Billion | AU$645.62 Million | ▲ +6.4% |
| 2014 | 0.30x | AU$6.23 Billion | AU$1.87 Billion | ▼ -84.7% |
| 2013 | 1.96x | AU$2.99 Billion | AU$5.87 Billion | ▼ -11.6% |
| 2012 | 2.22x | AU$2.79 Billion | AU$6.19 Billion | ▲ +301.9% |
| 2011 | 0.55x | AU$2.77 Billion | AU$1.53 Billion | ▲ +22.9% |
| 2010 | 0.45x | AU$1.10 Billion | AU$492.04 Million | ▼ -72.8% |
| 2009 | 1.65x | AU$466.37 Million | AU$771.40 Million | ▲ +4604.0% |
| 2002 | 0.04x | AU$93.92K | AU$3.30K | ▼ -94.0% |
| 2001 | 0.59x | AU$325.49K | AU$191.54K | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow