Fortescue Ltd
Market Cap
$36.1B
Global Rank
#292
All-Time High
$56.5B
2026-12-31
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 20% of the 367 companies we track (globally).
- Equivalent to 2.0% of Australia's GDP (2025 data).
- Just above: #291 Kimberly-Clark Corporation ($36.1B)
- Just below: #293 MongoDB, Inc. ($35.3B)
- Best year: 2003 (+1217%). Worst year: 2008 (-74%).
Fortescue Ltd Financial Breakdown (FY 2025)
Source: Yahoo Finance โ FMG.AX annual filings (2025) โ$15.4B revenue ยท $5.0B operating income ยท $3.4B net income
- โOperating margin: 32.5% on $15.4B in revenue.
- โNet income margin: 21.9% โ $3.4B in profit.
- โFree cash flow: $3.2B (21.0% of revenue).
Cost / Operating Expenses
Total operating expenses $10.4B
Total
$7.1B
Capital Expenditures
$3.2B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$3.2B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Fortescue Ltd
Fortescue Ltd (FMG.AX) is a Australia-based company in the Other Industrial Metals & Mining industry, part of the Basic Materials sector. With a current market capitalization of $36.1B, it is ranked #292 among the world's largest companies. Its market cap peaked at $56.5B and reached as high as rank #226 in 2023.
Fortescue Ltd Market Cap History (2026โ2026)
Fortescue Ltd vs Sector Peers by Market Cap
Compare Fortescue Ltd
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $36.1B | #292(โ21) | -15.7% |
| 2025 | $42.8B | #271(โ21) | +28.0% |
| 2024 | $33.4B | #292(โ66) | -31.1% |
| 2023 | $48.5B | #226(โ39) | +54.0% |
| 2022 | $31.5B | #265(โ40) | +20.4% |
| 2021 | $26.1B | #305(โ32) | -2.9% |
| 2020 | $26.9B | #273(โ43) | +150.3% |
| 2019 | $10.7B | #316(โ4) | +195.7% |
| 2018 | $3.6B | #320(โ11) | -9.5% |
| 2017 | $4.0B | #309(โ8) | -10.9% |
| 2016 | $4.5B | #301(โ5) | +227.4% |
| 2015 | $1.4B | #306(โ7) | -30.2% |
| 2014 | $2.0B | #299(โ13) | -50.9% |
| 2013 | $4.0B | #286(โ4) | +28.1% |
| 2012 | $3.1B | #282(โ5) | +10.9% |
| 2011 | $2.8B | #277(โ21) | -34.0% |
| 2010 | $4.3B | #256(โ4) | +47.3% |
| 2009 | $2.9B | #260(โ6) | +130.1% |
| 2008 | $1.3B | #266(โ30) | -74.3% |
| 2007 | $4.9B | #236(โ33) | +465.2% |
| 2006 | $867.8M | #269(โ2) | +141.7% |
| 2005 | $359.0M | #271(โ6) | +103.3% |
| 2004 | $176.6M | #265(โ5) | +241.8% |
| 2003 | $51.7M | #260(โ1) | +1216.7% |
| 2002 | $3.9M | #261(โ12) | -32.8% |
| 2001 | $5.8M | #249(โ11) | +13.8% |
| 2000 | $5.1M | #238(โ39) | -38.5% |
| 1999 | $8.3M | #199(โ10) | +116.7% |
| 1998 | $3.9M | #189(โ8) | -31.9% |
| 1997 | $5.6M | #181(โ5) | -39.4% |
| 1996 | $9.3M | #176(โ14) | +35.3% |
| 1995 | $6.9M | #162(โ16) | -33.3% |
| 1994 | $10.3M | #146 |
Other Basic Materials Companies
FAQ
What is Fortescue Ltd's market cap?
Fortescue Ltd (FMG.AX) has a market capitalization of $36.1B, making it the #292 largest company in the world by market cap.
What was Fortescue Ltd's highest market cap?
Fortescue Ltd's all-time high market cap was $56.5B, reached in 2026-12-31. Its highest rank was #226 in 2023.
What sector is Fortescue Ltd in?
Fortescue Ltd is in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry. It is based in Australia.
How has Fortescue Ltd's market cap changed over time?
Fortescue Ltd has been tracked since 2026. Its market cap has grown by 0% from $36.1B in 2026 to $36.1B today.