Fortescue (ASX:FMG) 3-Year FCF Growth Rate : 1.50% (As of Dec. 2023)

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What is Fortescue 3-Year FCF Growth Rate?

Fortescue's Free Cash Flow per Share for the six months ended in Dec. 2023 was A$1.29.

During the past 12 months, Fortescue's average Free Cash Flow per Share Growth Rate was 22.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 1.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 36.90% 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 average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Fortescue was 135.40% per year. The lowest was -430.80% per year. And the median was -14.95% per year.

Competitive Comparison of Fortescue's 3-Year FCF Growth Rate

For the Other Industrial Metals & Mining subindustry, Fortescue's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortescue's 3-Year FCF Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortescue's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Fortescue's 3-Year FCF Growth Rate falls into.

Fortescue 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Free Cash Flow per Share growth rate.

Fortescue (ASX:FMG) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Fortescue 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Fortescue's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortescue (ASX:FMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (ASX:FMG) » Definitions » 3-Year FCF Growth Rate

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FSUMF:USA FSUGY:USA FVJ:Germany

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.

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