Fortescue (FRA:FVJ) Other Operating Expense : €2,330 Mil (TTM As of Jun. 2024)

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What is Fortescue Other Operating Expense?

Fortescue's Other Operating Expense for the six months ended in Jun. 2024 was €1,446 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 was €2,330 Mil.

Fortescue's quarterly Other Operating Expense declined from Jun. 2023 (€1,189 Mil) to Dec. 2023 (€883 Mil) but then increased from Dec. 2023 (€883 Mil) to Jun. 2024 (€1,446 Mil).

Fortescue's annual Other Operating Expense increased from Jun. 2022 (€1,806 Mil) to Jun. 2023 (€2,277 Mil) and increased from Jun. 2023 (€2,277 Mil) to Jun. 2024 (€2,549 Mil).

Fortescue Other Operating Expense Historical Data

The historical data trend for Fortescue's Other Operating Expense 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.

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Fortescue Other Operating Expense Chart

Fortescue Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Other Operating Expense

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1,299.14

1,273.22

1,805.91

2,277.04

2,549.18

Fortescue Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Other Operating Expense	Get a 7-Day Free Trial															943.16	848.66	1,188.82	883.07	1,446.45

Fortescue Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2,330 Mil.

Fortescue Other Operating Expense Related Terms

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Fortescue Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (FRA:FVJ) » Definitions » Other Operating Expense

Comparable Companies

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FSUMF:USA FSUGY:USA FMG:Mexico 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 2024 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2026 or 2027. However, with longer-term demand likely to decline as China's economy matures, Fortescue's future margins are likely 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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