Fortescue Ltd (FMG) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.47x

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. Explore Fortescue Ltd capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.47x
(Capex + Investments) / Operating CF

Total Reinvested

AU$1.50 Billion
Capex + Investments

Operating Cash Flow

AU$3.23 Billion
AUD

Capital Expenditures

AU$1.50 Billion
AUD

Fortescue Ltd Cash Flow Reinvestment Rate (2001–2025)

Historical reinvestment intensity for Fortescue Ltd across 19 annual periods. Also explore how large is Fortescue Ltd's balance sheet for the complete picture of this company's asset base.

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 market value of Fortescue Ltd.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow