Companies: 10,795·Total market cap: $144.5T
Fortuna Mining Corp.

Fortuna Mining Corp.

FSMNYSEBasic Materials● Active
$8.79
+$0.10(+1.15%)
Market Cap$2.7B
P/E Ratio—
52W High$13.85
52W Low$6.17
Free Cash FlowFinancialsRevenue

Fortuna Mining Corp. (FSM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FSM · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $294.4M for FY2025 (fiscal year ending 2025-12-31), up 81.8% year-over-year The FCF margin was 30.7%. Five-year CAGR stands at +284.1%.

FY2025 Free Cash Flow$294.4M▲ +81.8% YoY
Trailing 12M (TTM)$366.3Mtrailing 4 quarters sum
FCF Margin30.7%$294.4M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGR+284.1%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
fsm free cash flow history · fsm free cash flow chart · fsm free cash flow growth rate · fsm free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$294.4M▲ +81.8%30.7%
FY2024$161.9M▲ +99.7%15.2%
FY2023$81.1M▲ +242.2%9.6%
FY2022−$57.0M▼ 1006.3%-8.4%
FY2021−$5.2M▼ 1563.4%-0.9%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
fsm free cash flow 2025 · fsm free cash flow 2024 · fsm free cash flow 2023 · fsm operating cash flow

FCF valuation metrics

Fortuna Mining Corp. (FSM) trades at a FCF yield of 13.82% and a price-to-free-cash-flow ratio of 7.4x. FCF per share stands at $1.19, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
13.82%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.19
TTM FCF ÷ Shares Outstanding
Price / FCF
x7.4
Share Price ÷ FCF per Share
EV / FCF (TTM)
x6.0
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
fsm price to free cash flow · fsm free cash flow yield · fsm free cash flow per share · fsm price to cash flow ratio

Cash flow statement summary

For FY2025, Fortuna Mining Corp. generated $475.5M in operating cash flow and spent 181M in capital expenditures, yielding $294.4M in free cash flow.

Operating Activities
+$475.5M
Cash from core business operations
2025-12-31
Investing Activities
−$91.7M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$61.7M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($475.5M) − |CapEx| (181M) = FCF ($294.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
fsm cash flow statement · fsm cash flow statement 2025 · fsm operating cash flow · fsm cash flow from operations

Free cash flow vs peers (Basic Materials)

#CompanyFree Cash FlowYoY
#1
Fortuna Mining Corp.
Fortuna Mining Corp.YOU
FSM
$294.4M+81.8%
#2
BHP Group Limited
BHP Group Limited
BHP
$9.28B-21.7%#3
Linde plc
Linde plc
LIN
$5.09B+3.3%#4
Rio Tinto Group
Rio Tinto Group
RIO
$4.82B-19.3%#5
Southern Copper Corporation
Southern Copper Corporation
SCCO
$3.43B+1.0%#6
Newmont Corporation
Newmont Corporation
NGT.TO
$2.96B+2952.6%
Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Fortuna Mining Corp. (FSM) reported free cash flow of $294.4M for FY2025 (fiscal year ending 2025-12-31), up 81.8% year-over-year. The FCF margin was 30.7%.

Based on available data, Fortuna Mining Corp. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $294.4M in FY2025. The 5-year CAGR stands at +284.1%.

Fortuna Mining Corp.'s FCF yield is 13.82% and price-to-FCF ratio is 7.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

FSM free cash flow · 8 questions

Fortuna Mining Corp. free cash flow was $294.4M for FY2025, up 81.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $366.3M.

FSM free cash flowFSM FCFFSM FCF 2025FSM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Fortuna Mining Corp. · Fortuna Mining Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026