Fortescue Ltd (FMG) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.156x

Based on the latest financial reports, Fortescue Ltd (FMG) has a cash flow conversion efficiency ratio of 0.156x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$3.23 Billion ≈ $2.28 Billion USD) by net assets (AU$20.72 Billion ≈ $14.66 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check Fortescue Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Fortescue Ltd - Cash Flow Conversion Efficiency Trend (1991–2025)

This chart illustrates how Fortescue Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. See Fortescue Ltd net assets for net asset value and shareholders' equity analysis.

Fortescue Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Fortescue Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
LONDON ST.EX.UNSP.ADRS1/2 F:LS4D	N/A
Orange S.A. PA:ORA	0.212x
Delta Air Lines Inc NYSE:DAL	0.119x
Victory Giant Technology Huizhou Co Ltd SHE:300476	0.128x
eBay Inc NASDAQ:EBAY	0.220x
Xcel Energy Inc NASDAQ:XEL	0.075x
Wuliangye Yibin Co Ltd SHE:000858	-0.020x
E.ON SE F:EOAN	0.141x

Annual Cash Flow Conversion Efficiency for Fortescue Ltd (1991–2025)

The table below shows the annual cash flow conversion efficiency of Fortescue Ltd from 1991 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Fortescue Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$19.96 Billion ≈ $14.12 Billion	AU$6.47 Billion ≈ $4.58 Billion	0.324x	-19.99%
2024-06-30	AU$19.53 Billion ≈ $13.82 Billion	AU$7.92 Billion ≈ $5.60 Billion	0.405x	-34.75%
2023-06-30	AU$17.96 Billion ≈ $12.71 Billion	AU$11.16 Billion ≈ $7.90 Billion	0.621x	+11.96%
2022-06-30	AU$17.34 Billion ≈ $12.27 Billion	AU$9.63 Billion ≈ $6.81 Billion	0.555x	-41.39%
2021-06-30	AU$17.74 Billion ≈ $12.55 Billion	AU$16.80 Billion ≈ $11.88 Billion	0.947x	+35.79%
2020-06-30	AU$13.33 Billion ≈ $9.43 Billion	AU$9.30 Billion ≈ $6.58 Billion	0.697x	+72.85%
2019-06-30	AU$10.56 Billion ≈ $7.47 Billion	AU$4.26 Billion ≈ $3.01 Billion	0.403x	+205.71%
2018-06-30	AU$9.70 Billion ≈ $6.86 Billion	AU$1.28 Billion ≈ $905.42 Million	0.132x	-69.99%
2017-06-30	AU$9.71 Billion ≈ $6.87 Billion	AU$4.27 Billion ≈ $3.02 Billion	0.440x	+49.42%
2016-06-30	AU$8.42 Billion ≈ $5.96 Billion	AU$2.48 Billion ≈ $1.75 Billion	0.294x	-16.36%
2015-06-30	AU$5.73 Billion ≈ $4.06 Billion	AU$2.02 Billion ≈ $1.43 Billion	0.352x	-59.77%
2014-06-30	AU$7.12 Billion ≈ $5.04 Billion	AU$6.23 Billion ≈ $4.41 Billion	0.875x	+42.84%
2013-06-30	AU$4.89 Billion ≈ $3.46 Billion	AU$2.99 Billion ≈ $2.12 Billion	0.612x	-16.39%
2012-06-30	AU$3.81 Billion ≈ $2.69 Billion	AU$2.79 Billion ≈ $1.97 Billion	0.732x	-31.08%
2011-06-30	AU$2.60 Billion ≈ $1.84 Billion	AU$2.77 Billion ≈ $1.96 Billion	1.063x	+20.76%
2010-06-30	AU$1.24 Billion ≈ $880.56 Million	AU$1.10 Billion ≈ $774.91 Million	0.880x	+28.33%
2009-06-30	AU$680.08 Million ≈ $481.20 Million	AU$466.37 Million ≈ $329.99 Million	0.686x	-49.76%
2008-06-30	AU$-1.51 Billion ≈ $-1.07 Billion	AU$-2.06 Billion ≈ $-1.45 Billion	1.365x	+140.08%
2007-06-30	AU$356.91 Million ≈ $252.54 Million	AU$-1.22 Billion ≈ $-859.98 Million	-3.405x	-168.34%
2006-06-30	AU$75.09 Million ≈ $53.13 Million	AU$-95.29 Million ≈ $-67.43 Million	-1.269x	-77.25%
2005-06-30	AU$51.15 Million ≈ $36.20 Million	AU$-36.62 Million ≈ $-25.91 Million	-0.716x	+7.92%
2004-06-30	AU$6.92 Million ≈ $4.90 Million	AU$-5.38 Million ≈ $-3.81 Million	-0.778x	-790.73%
2002-06-30	AU$834.30K ≈ $590.32K	AU$93.92K ≈ $66.45K	0.113x	-78.07%
2001-06-30	AU$634.08K ≈ $448.65K	AU$325.49K ≈ $230.30K	0.513x	+235.96%
2000-06-30	AU$606.47K ≈ $429.12K	AU$-228.98K ≈ $-162.02K	-0.378x	+43.36%
1998-06-30	AU$629.45K ≈ $445.38K	AU$-419.61K ≈ $-296.90K	-0.667x	-413.42%
1997-06-30	AU$1.00 Million ≈ $710.41K	AU$-130.36K ≈ $-92.24K	-0.130x	+92.74%
1996-06-30	AU$165.72K ≈ $117.26K	AU$-296.23K ≈ $-209.60K	-1.788x	-363.00%
1995-06-30	AU$659.06K ≈ $466.33K	AU$-254.45K ≈ $-180.04K	-0.386x	+44.38%
1994-06-30	AU$815.04K ≈ $576.69K	AU$-565.72K ≈ $-400.28K	-0.694x	-411.20%
1993-06-30	AU$-688.53K ≈ $-487.18K	AU$-153.57K ≈ $-108.66K	0.223x	+26.11%
1992-06-30	AU$-918.37K ≈ $-649.81K	AU$-162.43K ≈ $-114.93K	0.177x	-21.82%
1991-06-30	AU$-745.66K ≈ $-527.60K	AU$-168.70K ≈ $-119.36K	0.226x	--

About Fortescue Ltd

AU:FMG Australia Other Industrial Metals & Mining

Market Cap

$48.02 Billion

AU$67.86 Billion AUD

Market Cap Rank

#560 Global

#11 in Australia

Share Price

AU$22.04

Change (1 day)

+0.41%

52-Week Range

AU$14.54 - AU$22.99

All Time High

AU$27.26