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. See Fortescue Ltd balance sheet independence to measure how much of total assets are equity-financed.

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. Check Fortescue Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Interactive Brokers Group Inc NASDAQ:IBKR	0.170x
Accton Technology Corp TW:2345	0.377x
LONZA GROUP UNSP.ADR 1/10 F:LO3A	N/A
Becton Dickinson and Company NYSE:BDX	0.028x
KB Financial Group Inc NYSE:KB	-0.202x
Quanta Computer Inc TW:2382	-0.337x
Infineon Technologies AG F:IFXA	0.038x
Ventas Inc NYSE:VTR	0.030x

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 FMG stock market capitalisation.

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

$40.87 Billion

AU$57.76 Billion AUD

Market Cap Rank

#656 Global

#13 in Australia

Share Price

AU$18.76

Change (1 day)

+1.02%

52-Week Range

AU$17.77 - AU$22.99

All Time High

AU$27.26