Fortescue Ltd (FMG) — Free Cash Flow Generation Index

Latest as of December 2025: 0.53x

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). Read how much debt does Fortescue Ltd carry for a breakdown of total debt and financial obligations.

FCF Generation Index

0.53x
Free Cash Flow / Operating CF

Free Cash Flow

AU$1.73 Billion
AUD

Operating Cash Flow

AU$3.23 Billion
AUD

Capital Expenditures

AU$1.50 Billion
AUD

Fortescue Ltd Free Cash Flow Generation Index (2001–2025)

Historical FCF Generation Index trend for Fortescue Ltd across 19 annual periods. Explore how much does Fortescue Ltd reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

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 Fortescue Ltd market capitalisation.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).