Fortescue Ltd (FMG) — Net Asset Momentum
Fortescue Ltd (FMG) recorded a net asset momentum of 2.2% as of June 2025, with net assets of AU$19.96 Billion AUD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See defensive interval ratio of Fortescue Ltd to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Fortescue Ltd Net Asset Momentum (1989–2025)
This chart tracks Fortescue Ltd's year-over-year net asset growth across 37 annual reporting periods from 1989 to 2025. The most recent momentum reading is +2.2%, with net assets of AU$19.96 Billion AUD as of June 2025. Read Fortescue Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Fortescue Ltd (1989–2025)
The table below shows the complete annual net asset history for Fortescue Ltd from 1989 to 2025, covering 37 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see FMG stock market capitalisation.
| Year | Net Assets (AUD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | AU$19.96 Billion | AU$30.52 Billion | AU$10.56 Billion | ▲ +2.2% |
| 2024 | AU$19.53 Billion | AU$30.06 Billion | AU$10.53 Billion | ▲ +8.8% |
| 2023 | AU$17.96 Billion | AU$28.94 Billion | AU$10.98 Billion | ▲ +3.5% |
| 2022 | AU$17.34 Billion | AU$29.09 Billion | AU$11.75 Billion | ▼ -2.2% |
| 2021 | AU$17.74 Billion | AU$29.09 Billion | AU$11.36 Billion | ▲ +33.1% |
| 2020 | AU$13.33 Billion | AU$24.26 Billion | AU$10.94 Billion | ▲ +26.2% |
| 2019 | AU$10.56 Billion | AU$20.13 Billion | AU$9.57 Billion | ▲ +8.9% |
| 2018 | AU$9.70 Billion | AU$18.21 Billion | AU$8.52 Billion | ▼ -0.2% |
| 2017 | AU$9.71 Billion | AU$19.54 Billion | AU$9.83 Billion | ▲ +15.3% |
| 2016 | AU$8.42 Billion | AU$19.73 Billion | AU$11.31 Billion | ▲ +47.0% |
| 2015 | AU$5.73 Billion | AU$16.24 Billion | AU$10.51 Billion | ▼ -19.5% |
| 2014 | AU$7.12 Billion | AU$21.32 Billion | AU$14.20 Billion | ▲ +45.7% |
| 2013 | AU$4.89 Billion | AU$19.29 Billion | AU$14.40 Billion | ▲ +28.4% |
| 2012 | AU$3.81 Billion | AU$15.24 Billion | AU$11.43 Billion | ▲ +46.2% |
| 2011 | AU$2.60 Billion | AU$9.23 Billion | AU$6.62 Billion | ▲ +109.2% |
| 2010 | AU$1.24 Billion | AU$4.47 Billion | AU$3.23 Billion | ▲ +83.0% |
| 2009 | AU$680.08 Million | AU$3.52 Billion | AU$2.84 Billion | ▲ +145.2% |
| 2008 | AU$-1.51 Billion | AU$4.75 Billion | AU$6.26 Billion | ▼ -522.0% |
| 2007 | AU$356.91 Million | AU$2.65 Billion | AU$2.30 Billion | ▲ +375.3% |
| 2006 | AU$75.09 Million | AU$121.07 Million | AU$45.97 Million | ▲ +46.8% |
| 2005 | AU$51.15 Million | AU$85.66 Million | AU$34.50 Million | ▲ +639.2% |
| 2004 | AU$6.92 Million | AU$8.38 Million | AU$1.46 Million | ▲ +378.6% |
| 2003 | AU$1.45 Million | AU$1.53 Million | AU$86.02K | ▲ +73.3% |
| 2002 | AU$834.30K | AU$908.01K | AU$73.70K | ▲ +31.6% |
| 2001 | AU$634.08K | AU$810.75K | AU$176.67K | ▲ +4.6% |
| 2000 | AU$606.47K | AU$887.41K | AU$280.95K | ▲ +16.5% |
| 1999 | AU$520.42K | AU$777.26K | AU$256.83K | ▼ -17.3% |
| 1998 | AU$629.45K | AU$1.01 Million | AU$378.63K | ▼ -37.3% |
| 1997 | AU$1.00 Million | AU$2.20 Million | AU$1.20 Million | ▲ +505.9% |
| 1996 | AU$165.72K | AU$612.53K | AU$446.81K | ▼ -74.9% |
| 1995 | AU$659.06K | AU$676.27K | AU$17.21K | ▼ -19.1% |
| 1994 | AU$815.04K | AU$887.39K | AU$72.35K | ▲ +218.4% |
| 1993 | AU$-688.53K | AU$77.50K | AU$766.03K | ▲ +25.0% |
| 1992 | AU$-918.37K | AU$51.76K | AU$970.13K | ▼ -23.2% |
| 1991 | AU$-745.66K | AU$130.55K | AU$876.21K | ▼ -754.4% |
| 1990 | AU$113.95K | AU$1.03 Million | AU$921.00K | ▼ -58.1% |
| 1989 | AU$271.90K | AU$1.29 Million | AU$1.01 Million | — |