Fortescue Ltd (FMG) — Free Cash Flow Generation Index
Fortescue Ltd (FMG) has a Free Cash Flow Generation Index of 0.53x as of December 2025. Free cash flow of AU$1.73 Billion represents 1% of operating cash flow (AU$3.23 Billion). See Fortescue Ltd (FMG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Fortescue Ltd Free Cash Flow Generation Index (2001–2025)
Historical FCF Generation Index trend for Fortescue Ltd across 19 annual periods. Explore Fortescue Ltd (FMG) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Fortescue Ltd (2001–2025)
Year-by-year Free Cash Flow Generation Index for Fortescue Ltd. For the full company profile including market capitalisation, see FMG market cap.
| Year | FCG Index | Free Cash Flow (AUD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.50x | AU$3.24 Billion | AU$6.47 Billion | AU$3.24 Billion | ▼ -22.2% |
| 2024 | 0.64x | AU$5.08 Billion | AU$7.92 Billion | AU$2.83 Billion | ▼ -13.2% |
| 2023 | 0.74x | AU$8.26 Billion | AU$11.16 Billion | AU$2.90 Billion | ▲ +4.4% |
| 2022 | 0.71x | AU$6.82 Billion | AU$9.63 Billion | AU$2.80 Billion | ▼ -11.2% |
| 2021 | 0.80x | AU$13.41 Billion | AU$16.80 Billion | AU$3.38 Billion | ▲ +1.0% |
| 2020 | 0.79x | AU$7.35 Billion | AU$9.30 Billion | AU$1.95 Billion | ▲ +4.1% |
| 2019 | 0.76x | AU$3.24 Billion | AU$4.26 Billion | AU$1.02 Billion | ▲ +129.4% |
| 2018 | 0.33x | AU$423.69 Million | AU$1.28 Billion | AU$855.93 Million | ▼ -60.0% |
| 2017 | 0.83x | AU$3.53 Billion | AU$4.27 Billion | AU$739.95 Million | ▼ -2.9% |
| 2016 | 0.85x | AU$2.11 Billion | AU$2.48 Billion | AU$369.09 Million | ▲ +25.2% |
| 2015 | 0.68x | AU$1.37 Billion | AU$2.02 Billion | AU$645.62 Million | ▼ -2.8% |
| 2014 | 0.70x | AU$4.36 Billion | AU$6.23 Billion | AU$1.87 Billion | ▲ +172.7% |
| 2013 | -0.96x | AU$-2.88 Billion | AU$2.99 Billion | AU$5.87 Billion | ▲ +21.1% |
| 2012 | -1.22x | AU$-3.40 Billion | AU$2.79 Billion | AU$6.19 Billion | ▼ -372.1% |
| 2011 | 0.45x | AU$1.24 Billion | AU$2.77 Billion | AU$1.53 Billion | ▼ -18.7% |
| 2010 | 0.55x | AU$603.14 Million | AU$1.10 Billion | AU$492.04 Million | ▲ +184.2% |
| 2009 | -0.65x | AU$-305.03 Million | AU$466.37 Million | AU$771.40 Million | ▼ -167.8% |
| 2002 | 0.96x | AU$90.61K | AU$93.92K | AU$3.30K | ▲ +134.4% |
| 2001 | 0.41x | AU$133.95K | AU$325.49K | AU$191.54K | — |