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FortescueFSUGY +0.15%76 Equity-to-Asset is 0.66 as of Dec. 2025, which is 8% above its 10-year median of 0.61. GuruFocus rates FSUGY with a GF Score™ of 76/100 and a GF Value™ of $28.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,666 Metals & Mining companies, Fortescue ranks worse than 61.29% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fortescue's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $20,738 Mil. Fortescue's Total Assets for the quarter that ended in Dec. 2025 was $31,353 Mil.
Therefore, Fortescue's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.66.
The historical rank and industry rank for Fortescue's Equity-to-Asset or its related term are showing as below:
FSUGY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.61 Max: 0.66
Current: 0.66
During the past 13 years, the highest Equity to Asset Ratio of Fortescue was 0.66. The lowest was 0.43. And the median was 0.61.
FSUGY's Equity-to-Asset is ranked worse than 61.29% of 2666
companies
in the Metals & Mining industry
Industry Median: 0.795
vs FSUGY: 0.66
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Fortescue Equity-to-Asset Related Terms
Fortescue Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Fortescue's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortescue's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Fortescue's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Fortescue's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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 (FSUGY) has a Equity-to-Asset of 0.66 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fortescue and its competitors. This is near median its historical median of 0.61. Over the past decade, Fortescue's Equity-to-Asset has ranged from 0.43 to 0.66. According to the industry distribution chart, Fortescue ranks #1634 out of 2666 companies in the Metals & Mining industry, placing it in the top 61.3%.
Is Fortescue's Equity-to-Asset too high?
Fortescue's current Equity-to-Asset of 0.66 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.66. The Metals & Mining industry median Equity-to-Asset is 0.80. Fortescue's value of 0.66 is 17% below this industry median. Based on the distribution chart, Fortescue ranks #1634 out of 2666 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortescue has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortescue's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Fortescue ranks #1634 out of 2666 companies for Equity-to-Asset. This places Fortescue in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Fortescue's value of 0.66 is 17% below this benchmark. Historically, Fortescue's own Equity-to-Asset has ranged from 0.43 to 0.66 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.80, Fortescue has consistently been below 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 Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,666 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortescue's current Equity-to-Asset of 0.66 is 17% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fortescue and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortescue's current Equity-to-Asset is 0.66, which is near median its own 10-year median of 0.61. 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 (FSUGY) is currently considered Fairly Valued. The stock's GF Value™ is $28.36, compared to a current price of $26.24 — trading 7.5% below its estimated fair value. The current Equity-to-Asset is 0.66, which is near median its 10-year median of 0.61 and 17% below the Metals & Mining industry median of 0.80. Fortescue's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Fortescue (FSUGY), the current Equity-to-Asset is 0.66 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 (FSUGY) Overvalued in 2026?
Based on GuruFocus' analysis, Fortescue stock appears to be undervalued.
The current stock price of $26.24 is trading 7.5% below its estimated GF Value™ of $28.36.
GuruFocus considers Fortescue to be Fairly Valued.
Key valuation signals for FSUGY:
Equity-to-Asset: 0.66 (near median its 10-year median of 0.61)
GF Value™: $28.36 vs. price of $26.24 (7.5% below fair value)
Industry Position: 17% below the Metals & Mining median (#1634 of 2666)
No single metric tells the full story. See the FSUGY 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.
76GF Score
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