Fortescue stock sits 1.20 percent above its 52-week low on October 16, 2026

Published on 10/17/2026 at 20:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fortescue stock cost AUD 15.19 on October 16, 2026, up 1.13 percent on ASX. Fiscal year 2026 net profit after tax was USD 3.50 billion.

Price position and valuation

On October 16, 2026, Fortescue stood 1.20 percent above its 52-week low.
Fortescue reported USD 3.50 billion in net profit after tax for fiscal year 2026.
Fortescue stock last stood at AUD 15.19 on October 16, 2026 at 4:10 p.m. AEDT on the ASX, up 1.13 percent on the day.
Fortescue had a market capitalization of AUD 46.8 billion as of October 16, 2026.

Fortescue, AU000000FMG4, Illustration mit AI erstellt.

Fortescue stock stood 1.20 percent above its 52-week low of AUD 15.01 on October 16, 2026. The Globe and Mail reported on October 16, 2026 that UBS maintained a Hold rating and set an AUD 15.90 target, 4.67 percent above the ASX price. Fortescue last stood at AUD 15.19 on October 16, 2026 at 4:10 p.m. AEDT on the ASX, up 1.13 percent on the day.

Fiscal year 2026 results

Fortescue's latest annual figures provide the main earnings anchor for the valuation. Its investor centre reported underlying net profit after tax of USD 3.50 billion and free cash flow of USD 3.20 billion for fiscal year 2026, while iron ore shipments reached 201.3 million tonnes. The figures were presented with the fiscal year 2026 results dated August 20, 2026. Fortescue also listed a fully franked dividend of AUD 1.08 per share for that period.

Price position and range

The ASX price was AUD 0.18 above the 52-week low and AUD 8.19 below the 52-week high of AUD 23.38. That places the stock 35.03 percent below its high and 1.20 percent above its low. The latest quoted volume was 12,695,766 shares, compared with an average of 7,016,780 shares.

Valuation and shareholder returns

Fortescue's market capitalization was AUD 46.8 billion, its price-to-earnings ratio was 11.35, and its trailing dividend yield was 7.00 percent as of October 16, 2026. The UBS target of AUD 15.90 sits 4.67 percent above the ASX price, giving the dated analyst view a defined comparison point without turning it into a recommendation.

Comparison with peers

Fortescue (ASX, AUD): plus 1.13 percent, P/E 11.35, market capitalization AUD 46.8 billion.

BHP Group (ASX, AUD): plus 3.50 percent, P/E 21.61, market capitalization AUD 305.1 billion.

Rio Tinto (ASX, AUD): plus 1.46 percent, P/E 12.33, market capitalization AUD 224.8 billion.

What the numbers say

Fortescue combines a low-end range position with a substantial cash return profile. The fiscal year 2026 figures show USD 3.50 billion in underlying net profit after tax against USD 3.20 billion in free cash flow, while the AUD 1.08 dividend keeps shareholder distribution central to the investment case.