
Fortescue Metals Group Ltd
ASX:FMG

Fortescue Metals Group Ltd
Total Equity
Fortescue Metals Group Ltd
Total Equity Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Total Equity | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Fortescue Metals Group Ltd
ASX:FMG
|
Total Equity
$19.2B
|
CAGR 3-Years
7%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
|
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BlueScope Steel Ltd
ASX:BSL
|
Total Equity
AU$11.2B
|
CAGR 3-Years
8%
|
CAGR 5-Years
10%
|
CAGR 10-Years
10%
|
|
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BCI Minerals Ltd
ASX:BCI
|
Total Equity
AU$800m
|
CAGR 3-Years
22%
|
CAGR 5-Years
52%
|
CAGR 10-Years
14%
|
|
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Deterra Royalties Ltd
ASX:DRR
|
Total Equity
AU$80.4m
|
CAGR 3-Years
9%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
C
|
Champion Iron Ltd
ASX:CIA
|
Total Equity
CA$1.4B
|
CAGR 3-Years
18%
|
CAGR 5-Years
56%
|
CAGR 10-Years
N/A
|
|
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Vulcan Steel Ltd
ASX:VSL
|
Total Equity
NZ$172.1m
|
CAGR 3-Years
4%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
Fortescue Metals Group Ltd
Glance View
Fortescue Metals Group Ltd. has carved a prominent niche in the global mining industry, primarily through its robust operations in the Pilbara region of Western Australia. Founded in 2003 by Andrew Forrest, Fortescue's journey reflects an entrepreneurial spirit and a strategic grasp of market dynamics. The company has relentlessly expanded its operations to become one of the world's largest producers of iron ore. Fortescue's business model is deeply rooted in exploration, development, and the operation of large-scale iron ore projects. Through its extensive rail and port infrastructure, Fortescue efficiently transports high-quality ore from its mines to port, forging strong ties with steel producers worldwide, particularly in China, where demand for iron ore is immense due to the country's substantial infrastructure development and urbanization projects. Fortescue’s profitability hinges on its operational efficiency and cost leadership, which have been reinforced by continuous technological advancements and sustainability initiatives. The company has adeptly navigated the volatile commodities market, leveraging economies of scale to maintain competitive pricing. Fortescue's ambitions extend beyond traditional mining; the firm is increasingly focusing on renewable energy and green hydrogen projects, as it aims to transition towards a more sustainable future. This strategic pivot not only seeks to diversify revenue streams but also aligns with global trends towards decarbonization. By balancing its core business with innovation and sustainability, Fortescue intends to secure a resilient position in the future of energy and resources.

See Also
What is Fortescue Metals Group Ltd's Total Equity?
Total Equity
19.2B
USD
Based on the financial report for Dec 31, 2024, Fortescue Metals Group Ltd's Total Equity amounts to 19.2B USD.
What is Fortescue Metals Group Ltd's Total Equity growth rate?
Total Equity CAGR 5Y
9%
Over the last year, the Total Equity growth was -1%. The average annual Total Equity growth rates for Fortescue Metals Group Ltd have been 7% over the past three years , 9% over the past five years .