Fortescue Ltd Financial Flexibility Index
Fortescue Ltd financial flexibility index. Fortescue Ltd (FMG) has a Financial Flexibility Index of 0.44x as of December 2025. Free cash flow of AU$4.73 Billion (operating CF AU$3.23 Billion minus capex AU$1.50 Billion) represents 0% of total liabilities (AU$10.65 Billion). See Fortescue Ltd (FMG) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Fortescue Ltd (1991–2025)
Financial flexibility index of Fortescue Ltd from 1991 to 2025. Historical Financial Flexibility Index trend for Fortescue Ltd across 33 annual periods. Check FMG cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Fortescue Ltd Financial Flexibility Index by Year (1991–2025)
Fortescue Ltd financial flexibility index by year from 1991 to 2025. Year-by-year free cash flow to debt coverage for Fortescue Ltd. For the full cash flow conversion analysis, see Fortescue Ltd (FMG) cash conversion ratio.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.92x | AU$9.71 Billion | AU$6.47 Billion | AU$10.56 Billion | ▼ -9.9% |
| 2024 | 1.02x | AU$10.75 Billion | AU$7.92 Billion | AU$10.53 Billion | ▼ -20.2% |
| 2023 | 1.28x | AU$14.06 Billion | AU$11.16 Billion | AU$10.98 Billion | ▲ +21.0% |
| 2022 | 1.06x | AU$12.43 Billion | AU$9.63 Billion | AU$11.75 Billion | ▼ -40.5% |
| 2021 | 1.78x | AU$20.18 Billion | AU$16.80 Billion | AU$11.36 Billion | ▲ +72.8% |
| 2020 | 1.03x | AU$11.24 Billion | AU$9.30 Billion | AU$10.94 Billion | ▲ +86.2% |
| 2019 | 0.55x | AU$5.29 Billion | AU$4.26 Billion | AU$9.57 Billion | ▲ +120.2% |
| 2018 | 0.25x | AU$2.14 Billion | AU$1.28 Billion | AU$8.52 Billion | ▼ -50.8% |
| 2017 | 0.51x | AU$5.01 Billion | AU$4.27 Billion | AU$9.83 Billion | ▲ +102.4% |
| 2016 | 0.25x | AU$2.85 Billion | AU$2.48 Billion | AU$11.31 Billion | ▼ -0.6% |
| 2015 | 0.25x | AU$2.66 Billion | AU$2.02 Billion | AU$10.51 Billion | ▼ -55.6% |
| 2014 | 0.57x | AU$8.11 Billion | AU$6.23 Billion | AU$14.20 Billion | ▼ -7.3% |
| 2013 | 0.62x | AU$8.87 Billion | AU$2.99 Billion | AU$14.40 Billion | ▼ -21.5% |
| 2012 | 0.78x | AU$8.97 Billion | AU$2.79 Billion | AU$11.43 Billion | ▲ +21.0% |
| 2011 | 0.65x | AU$4.29 Billion | AU$2.77 Billion | AU$6.62 Billion | ▲ +31.8% |
| 2010 | 0.49x | AU$1.59 Billion | AU$1.10 Billion | AU$3.23 Billion | ▲ +13.1% |
| 2009 | 0.44x | AU$1.24 Billion | AU$466.37 Million | AU$2.84 Billion | ▲ +234.2% |
| 2008 | -0.32x | AU$-2.03 Billion | AU$-2.06 Billion | AU$6.26 Billion | ▲ +38.5% |
| 2007 | -0.53x | AU$-1.21 Billion | AU$-1.22 Billion | AU$2.30 Billion | ▲ +74.1% |
| 2006 | -2.03x | AU$-93.43 Million | AU$-95.29 Million | AU$45.97 Million | ▼ -94.5% |
| 2005 | -1.04x | AU$-36.05 Million | AU$-36.62 Million | AU$34.50 Million | ▲ +70.3% |
| 2004 | -3.52x | AU$-5.13 Million | AU$-5.38 Million | AU$1.46 Million | ▼ -366.7% |
| 2002 | 1.32x | AU$97.22K | AU$93.92K | AU$73.70K | ▼ -54.9% |
| 2001 | 2.93x | AU$517.03K | AU$325.49K | AU$176.67K | ▲ +3240.6% |
| 2000 | 0.09x | AU$24.61K | AU$-228.98K | AU$280.95K | ▲ +109.5% |
| 1998 | -0.92x | AU$-348.09K | AU$-419.61K | AU$378.63K | ▼ -158.9% |
| 1997 | 1.56x | AU$1.87 Million | AU$-130.36K | AU$1.20 Million | ▲ +650.5% |
| 1996 | -0.28x | AU$-126.72K | AU$-296.23K | AU$446.81K | ▲ +95.4% |
| 1995 | -6.11x | AU$-105.12K | AU$-254.45K | AU$17.21K | ▲ +21.9% |
| 1994 | -7.82x | AU$-565.72K | AU$-565.72K | AU$72.35K | ▼ -3800.2% |
| 1993 | -0.20x | AU$-153.57K | AU$-153.57K | AU$766.03K | ▼ -19.7% |
| 1992 | -0.17x | AU$-162.43K | AU$-162.43K | AU$970.13K | ▲ +13.0% |
| 1991 | -0.19x | AU$-168.70K | AU$-168.70K | AU$876.21K | — |