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

Fortescue (Fortescue) Other Operating Expense : $2,251 Mil (TTM As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Fortescue Other Operating Expense?

Fortescue's Other Operating Expense for the six months ended in Dec. 2023 was $963 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $2,251 Mil.

Fortescue's quarterly Other Operating Expense increased from Dec. 2022 ($899 Mil) to Jun. 2023 ($1,288 Mil) but then declined from Jun. 2023 ($1,288 Mil) to Dec. 2023 ($963 Mil).

Fortescue's annual Other Operating Expense increased from Jun. 2021 ($1,534 Mil) to Jun. 2022 ($1,909 Mil) and increased from Jun. 2022 ($1,909 Mil) to Jun. 2023 ($2,467 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.

* Premium members only.

Fortescue Other Operating Expense Chart

Fortescue Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,227.00 1,463.00 1,534.00 1,909.00 2,467.00

Fortescue Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other Operating Expense 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 912.00 997.00 899.00 1,288.00 963.00

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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,251 Mil.

* 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 Other Operating Expense Related Terms

Thank you for viewing the detailed overview of Fortescue's Other Operating Expense 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 » Other Operating Expense
Comparable Companies
ASX:S32 ASX:MIN ASX:PLS ASX:LYC ASX:IGO ASX:NIC ASX:ILU ASX:LTR ASX:DRR ASX:BOE ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 SAU:1211 GMEXICOB LSE:AAL TSX:TECK.B MIC:GMKN
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.