GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (OTCPK:FSUGY) » Definitions » 3-Year Revenue Growth Rate

Fortescue (Fortescue) 3-Year Revenue Growth Rate : 10.60% (As of Dec. 2023)


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

What is Fortescue 3-Year Revenue Growth Rate?

Fortescue's Revenue per Share for the six months ended in Dec. 2023 was $6.17.

During the past 12 months, Fortescue's average Revenue per Share Growth Rate was 11.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 23.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 12.40% 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 Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Fortescue was 826.40% per year. The lowest was -45.00% per year. And the median was 19.35% per year.

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

For the Other Industrial Metals & Mining subindustry, Fortescue's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue 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 Revenue Growth Rate Distribution in the Metals & Mining Industry

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

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


Fortescue 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue 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 Revenue per Share growth rate.

Fortescue  (OTCPK:FSUGY) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Fortescue 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Fortescue's 3-Year Revenue Growth Rate 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 » 3-Year Revenue Growth Rate
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.