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Fortescue (Fortescue) EBIT per Share : $5.47 (TTM As of Dec. 2023)


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What is Fortescue EBIT per Share?

Fortescue's EBIT per Share for the six months ended in Dec. 2023 was $3.18. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.47.

During the past 12 months, the average EBIT per Share Growth Rate of Fortescue was 16.50% per year. During the past 3 years, the average EBIT per Share Growth Rate was 6.10% per year. During the past 5 years, the average EBIT per Share Growth Rate was 36.30% per year. During the past 10 years, the average EBIT per Share Growth Rate was 22.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Fortescue's EBIT per Share or its related term are showing as below:

FSUGY' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -65.1   Med: 30.7   Max: 173.5
Current: 6.1

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Fortescue was 173.50% per year. The lowest was -65.10% per year. And the median was 30.70% per year.

FSUGY's 3-Year EBIT Growth Rate is ranked worse than
53.31% of 1932 companies
in the Metals & Mining industry
Industry Median: 8.2 vs FSUGY: 6.10

Fortescue's EBIT for the six months ended in Dec. 2023 was $4,897 Mil.

Fortescue EBIT per Share Historical Data

The historical data trend for Fortescue's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortescue EBIT per Share Chart

Fortescue Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 4.37 9.60 5.75 4.50

Fortescue Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.57 3.18 2.21 2.29 3.18

Fortescue EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Fortescue's EBIT per Share for the fiscal year that ended in Jun. 2023 is calculated as

EBIT per Share(A: Jun. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=6933/1540.784
=4.50

Fortescue's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

EBIT per Share(Q: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=4897/1540.628
=3.18

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $5.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortescue  (OTCPK:FSUGY) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Fortescue EBIT per Share Related Terms

Thank you for viewing the detailed overview of Fortescue's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortescue (Fortescue) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (OTCPK:FSUGY) » Definitions » EBIT per Share
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Traded in Other Exchanges
FSUMF:USA FVJ:Germany FMG:Australia
Address
87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004
Website
https://www.fortescue.com
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.