Fortescue Metals Group Limited
Fortescue Metals Group Limited (FSUMF) Financial Performance & Income Statement Overview
Review Fortescue Metals Group Limited (FSUMF) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Fortescue Metals Group Limited (FSUMF) Income Statement & Financial Overview
View the income breakdown for Fortescue Metals Group Limited FSUMF across both annual and quarterly reports.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| Revenue | $8.71B | $9.51B | $8.91B | $4.52B |
| Cost of Revenue | $4.61B | $4.07B | $3.96B | $1.94B |
| Gross Profit | $4.10B | $5.45B | $4.95B | $2.58B |
| Gross Profit Ratio | $0.47 | $0.57 | $0.56 | $0.57 |
| R&D Expenses | $271.00M | $224.00M | $136.50M | $136.50M |
| SG&A Expenses | $285.00M | $227.00M | $418.004M | $139.00M |
| Operating Expenses | $571.00M | $487.00M | $418.004M | $816.50M |
| Total Costs & Expenses | $5.18B | $4.55B | $4.38B | $2.75B |
| Interest Income | $0.00 | $101.21M | $86.51M | $19.50M |
| Interest Expense | $0.00 | $194.08M | $156.30M | $0.00 |
| Depreciation & Amortization | $1.07B | $922.00M | $872.49M | $363.50M |
| EBITDA | $4.59B | $5.92B | $4.47B | $2.66B |
| EBITDA Ratio | $0.53 | $0.62 | $0.61 | $0.59 |
| Operating Income | $3.53B | $4.96B | $4.53B | $2.29B |
| Operating Income Ratio | $0.41 | $0.52 | $0.51 | $0.51 |
| Other Income/Expenses (Net) | -$91.00M | -$98.00M | -$1.09B | -$37.50M |
| Income Before Tax | $3.44B | $4.86B | $3.44B | $1.74B |
| Income Before Tax Ratio | $0.40 | $0.51 | $0.39 | $0.39 |
| Income Tax Expense | $1.11B | $1.53B | $1.05B | $530.00M |
| Net Income | $2.35B | $3.34B | $2.40B | $1.22B |
| Net Income Ratio | $0.27 | $0.35 | $0.27 | $0.27 |
| EPS | $0.76 | $1.08 | $0.78 | $0.39 |
| Diluted EPS | $0.76 | $1.08 | $0.78 | $0.39 |
| Weighted Avg Shares Outstanding | $3.08B | $3.08B | $3.08B | $3.08B |
| Weighted Avg Shares Outstanding (Diluted) | $3.08B | $3.08B | $3.08B | $3.08B |
The company's financials show resilient growth, with revenue advancing from $4.52B in Q3 2023 to $8.71B in Q4 2024. Gross profit remained healthy with margins at 47% in Q4 2024 compared to 57% in Q3 2023. Operating income hit $3.53B last quarter, sustaining a consistent 41% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $4.59B. Net income dropped to $2.35B, while earnings per share reached $0.76. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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