Fortescue Ltd
XMUN:FVJ
Net Margin
Fortescue 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 |
F
|
Fortescue Ltd
XMUN:FVJ
|
26.3B EUR |
24%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
91.4B Zac |
21%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
226.2B BRL |
15%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
47.5B AUD |
24%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
30.6B USD |
4%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.5T INR |
2%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
23B EUR |
2%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2T INR |
2%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
144.4B CNY |
3%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
2.8T JPY |
4%
|
|
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
19.7B USD |
7%
|
Fortescue Ltd
Glance View
In the vast, rugged landscapes of Western Australia lies the heart of Fortescue Metals Group Ltd, a company that has carved out a remarkable story in the iron ore industry. Founded in 2003, Fortescue emerged during a period when the demand for iron ore was heating up, driven by China's insatiable need for raw materials to fuel its rapid industrialization. Fortescue harnessed the untapped wealth of the Pilbara region, utilizing an innovative blend of rapid exploration, development, and production to transform itself into one of the world's largest iron ore producers. Key to its success has been its ability to efficiently extract, process, and transport iron ore from its extensive resource holdings, leveraging state-of-the-art technology and infrastructure investments, such as the landmark construction projects like their own railways and port facilities. Today, Fortescue's business model is a testament to strategic foresight and operational excellence. The company predominantly makes money by mining, processing, and exporting iron ore—a vital component in steel manufacturing. Iron ore is extracted from its mines, shipped through its dedicated logistics network to Port Hedland, the world's largest bulk export port, and primarily sold to steel producers in Asia. This robust supply chain strategy reduces dependency on third-party services and costs, enhancing its margins and earnings. Fortescue continuously strives toward sustainability with recent ventures into green hydrogen, as part of its diversification efforts to hedge against the fluctuating commodity markets and position itself within the evolving global energy landscape. Fortescue Metals Group Ltd is not just a mining operation; it's a dynamic entity strategically navigating the complexities of the global economy while keeping a keen eye on future opportunities.
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 Ltd's most recent financial statements, the company has Net Margin of 23.9%.
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