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. See FMG free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see FMG cash generation efficiency.
Annual Cash Flow Reinvestment Rate for Fortescue Ltd (2001–2025)
Year-by-year capital reinvestment analysis for Fortescue Ltd. See financial flexibility index of Fortescue Ltd to measure the company's free cash flow as a share of total liabilities.
| 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 | — |