Fortescue Ltd (FMG) — Cash Flow Reinvestment Rate
Fortescue Ltd (FMG) has a Cash Flow Reinvestment Rate of 0.47x as of December 2025, reinvesting AU$1.50 Billion (capex AU$1.50 Billion ) from operating cash flow of AU$3.23 Billion. Check Fortescue Ltd (FMG) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Fortescue Ltd Cash Flow Reinvestment Rate (2001–2025)
Historical reinvestment intensity for Fortescue Ltd across 19 annual periods. Explore FMG long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Fortescue Ltd (2001–2025)
Year-by-year capital reinvestment analysis for Fortescue Ltd. For live market cap and broader valuation context, see Fortescue Ltd (FMG) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (AUD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.11x | AU$7.16 Billion | AU$6.47 Billion | AU$3.24 Billion | ▲ +55.1% |
| 2024 | 0.71x | AU$5.64 Billion | AU$7.92 Billion | AU$2.83 Billion | ▲ +32.2% |
| 2023 | 0.54x | AU$6.02 Billion | AU$11.16 Billion | AU$2.90 Billion | ▲ +81.2% |
| 2022 | 0.30x | AU$2.86 Billion | AU$9.63 Billion | AU$2.80 Billion | ▲ +47.7% |
| 2021 | 0.20x | AU$3.38 Billion | AU$16.80 Billion | AU$3.38 Billion | ▼ -4.2% |
| 2020 | 0.21x | AU$1.95 Billion | AU$9.30 Billion | AU$1.95 Billion | ▼ -17.2% |
| 2019 | 0.25x | AU$1.08 Billion | AU$4.26 Billion | AU$1.02 Billion | ▼ -64.3% |
| 2018 | 0.71x | AU$910.93 Million | AU$1.28 Billion | AU$855.93 Million | ▲ +282.6% |
| 2017 | 0.19x | AU$794.95 Million | AU$4.27 Billion | AU$739.95 Million | ▼ -43.9% |
| 2016 | 0.33x | AU$821.56 Million | AU$2.48 Billion | AU$369.09 Million | ▼ -4.6% |
| 2015 | 0.35x | AU$700.62 Million | AU$2.02 Billion | AU$645.62 Million | ▲ +15.5% |
| 2014 | 0.30x | AU$1.87 Billion | AU$6.23 Billion | AU$1.87 Billion | ▼ -84.7% |
| 2013 | 1.96x | AU$5.87 Billion | AU$2.99 Billion | AU$5.87 Billion | ▼ -11.6% |
| 2012 | 2.22x | AU$6.19 Billion | AU$2.79 Billion | AU$6.19 Billion | ▲ +301.9% |
| 2011 | 0.55x | AU$1.53 Billion | AU$2.77 Billion | AU$1.53 Billion | ▲ +22.9% |
| 2010 | 0.45x | AU$492.04 Million | AU$1.10 Billion | AU$492.04 Million | ▼ -72.8% |
| 2009 | 1.65x | AU$771.40 Million | AU$466.37 Million | AU$771.40 Million | ▲ +4604.0% |
| 2002 | 0.04x | AU$3.30K | AU$93.92K | AU$3.30K | ▼ -94.0% |
| 2001 | 0.59x | AU$191.54K | AU$325.49K | AU$191.54K | — |