Fortescue Metals Group Ltd
ASX:FMG
Net Margin
Fortescue Metals Group Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
46.4B AUD |
24%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
99.1B Zac |
21%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
224.4B BRL |
15%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
25.9B EUR |
24%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.4T INR |
2%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
25.6B USD |
7%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
20.4B EUR |
2%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3.1T JPY |
5%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
149.1B CNY |
3%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
1.7T INR |
1%
|
|
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
17.7B USD |
9%
|
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
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Fortescue Metals Group Ltd's most recent financial statements, the company has Net Margin of 23.9%.
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