FortescueASX:FMG -0.10%78 EBITDA Margin % is 50.92% as of Dec. 2025, which is 7% below its 10-year median of 54.90. GuruFocus rates ASX:FMG with a GF Score™ of 78/100 and a GF Value™ of A$19.97 (Fairly Valued). The stock has 6 warning signs investors should review. Among 841 Metals & Mining companies, Fortescue ranks better than 85.14% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Fortescue's EBITDA for the
six
months ended in Dec. 2025 was A$6,467 Mil. Fortescue's Revenue for the
six
months ended in Dec. 2025 was A$12,701 Mil. Therefore, Fortescue's EBITDA margin for the quarter that ended in Dec. 2025 was 50.92%.
Fortescue (ASX:FMG) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Fortescue EBITDA Margin % Related Terms
Fortescue EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Fortescue's EBITDA Margin % 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.
For the Other Industrial Metals & Mining subindustry, Fortescue's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortescue's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Fortescue's EBITDA Margin % falls into.
* 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 (ASX:FMG) has a EBITDA Margin % of 50.92% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Fortescue and its competitors. This is near median its historical median of 54.90. Over the past decade, Fortescue's EBITDA Margin % has ranged from 38.17 to 72.80. According to the industry distribution chart, Fortescue ranks #125 out of 841 companies in the Metals & Mining industry, placing it in the top 14.9%.
Is Fortescue's EBITDA Margin % too high?
Fortescue's current EBITDA Margin % of 50.92% is near median its 10-year median of 54.90. Over the past 10 years, this metric has ranged from a low of 38.17 to a high of 72.80. The Metals & Mining industry median EBITDA Margin % is 8.89. Fortescue's value of 50.92% is 472.8% above this industry median. Based on the distribution chart, Fortescue ranks #125 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fortescue has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortescue's EBITDA Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Fortescue ranks #125 out of 841 companies for EBITDA Margin %. This places Fortescue in the top 15% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.89. Fortescue's value of 50.92% is 472.8% above this benchmark. Historically, Fortescue's own EBITDA Margin % has ranged from 38.17 to 72.80 over the past decade. While the company's 10-year median is 54.90 vs. the industry median of 8.89, Fortescue has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 8.89, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortescue's current EBITDA Margin % of 50.92% is 472.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Fortescue and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortescue's current EBITDA Margin % is 50.92%, which is near median its own 10-year median of 54.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortescue stock overvalued right now?
Based on GuruFocus' analysis, Fortescue (ASX:FMG) is currently considered Fairly Valued. The stock's GF Value™ is A$19.97, compared to a current price of A$19.25 — trading 3.6% below its estimated fair value. The current EBITDA Margin % is 50.92%, which is near median its 10-year median of 54.90 and 472.8% above the Metals & Mining industry median of 8.89. Fortescue's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Fortescue (ASX:FMG), the current EBITDA Margin % is 50.92% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fortescue (ASX:FMG) Overvalued in 2026?
Based on GuruFocus' analysis, Fortescue stock appears to be undervalued.
The current stock price of A$19.25 is trading 3.6% below its estimated GF Value™ of A$19.97.
GuruFocus considers Fortescue to be Fairly Valued.
Key valuation signals for ASX:FMG:
EBITDA Margin %: 50.92% (near median its 10-year median of 54.90)
GF Value™: A$19.97 vs. price of A$19.25 (3.6% below fair value)
Industry Position: 472.8% above the Metals & Mining median (#125 of 841)
No single metric tells the full story. See the ASX:FMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortescue is an Australia-based iron ore miner. It has grown from obscurity at the 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 195 million metric tons in 2025 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion to about 210 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2028. However, with longer-term demand likely to decline as China's economy matures, its future margins are likely to be below historical averages. More recently, Fortescue diversified into copper and green energy. It has big ambitions here, but its efforts are at an early stage.
78GF Score
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