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BHPBHP Group Limited
$80.23$203.7B
Overview & Verdict
OverviewShould I Buy?
Valuation & Forecasts
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BHP logoBHP Group Limited(BHP)Earnings, Financials & Key Ratios

BHP•NYSE
$80.23
22.5× P/E·Price updated Jul 7, 2026
SectorBasic MaterialsIndustryIndustrial MaterialsSub-IndustryDiversified Mining and Metals Producers
AboutBHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal. The company is also involved in the mining, smelting, and refining of nickel, as well as potash development activities. In addition, it provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. The company was founded in 1851 and is headquartered in Melbourne, Australia.Show more
  • Revenue$51.26B-7.9%
  • EBITDA$24.29B+9.8%
  • Net Income$9.02B+14.2%
  • EPS (Diluted)3.56+14.1%
  • Gross Margin82.21%
  • EBITDA Margin47.38%+19.2%
  • Operating Margin37.97%+20.5%
  • Net Margin17.59%+24.0%
  • ROE17.8%+10.1%

BHP Price & Volume

BHP Group Limited (BHP) stock price & volume — 10-year historical chart

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Cyclical Revenue Volatility Challenges Capital Intensive Growth

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Stable
Primary Risk:Chinese industrial demand volatility

Key Thesis Takeaways

  • BHP faces a complex transition as it balances its legacy iron ore dominance with significant capital outlays for future-facing minerals like potash.
  • While the company maintains a fortress balance sheet with $13.5 billion in cash, investors should monitor the rising capital intensity, which has seen CapEx as a percentage of revenue climb to 18.9% in 2026Q2.
  • The long-term outlook remains contingent on the company's ability to manage structural margin variability and the successful execution of multi-decade greenfield projects amidst persistent commodity price cyclicality.

Verdict Logic

while the company maintains a healthy liquidity buffer with a current ratio of 1.65, the high P/E of 22.76 and the ongoing compression of free cash flow margins to 15.4% suggest that the current valuation may not fully account for the risks associated with long-term capital-intensive development projects.

BHP Growth Metrics

BHP Group Limited (BHP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.28%
5 Years5.54%
3 Years-7.66%
TTM-6.91%

Profit CAGR

10 Years16.79%
5 Years2.54%
3 Years-33.67%
TTM-38.71%

EPS CAGR

10 Years10.77%
5 Years2.81%
3 Years-23.59%
TTM-15.48%

Return on Capital

10 Years20.1%
5 Years27.68%
3 Years23.55%
Last Year21.48%

BHP Recent Earnings

BHP Group Limited (BHP) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 5/12 qtrs (42%)
Q1 2026Latest
Feb 16, 2026
Metric
Actual
Est
EPS
$2.24-7.1%
$2.41
Rev
$27.9B+2.0%
$27.3B
Q3 2025
Aug 18, 2025
Metric
Actual
Est
EPS
$2.12+1.4%
$2.09
Rev
$26.0B-0.3%
$26.0B
Q1 2025
Feb 17, 2025
Metric
Actual
Est
EPS
$1.74-12.1%
$1.98
Rev
$25.2B+0.5%
$25.0B
Q3 2024
Aug 26, 2024
Metric
Actual
Est
EPS
$2.75+0.0%
$2.75
Rev
$28.4B-0.1%
$28.5B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 16, 2026
$2.24vs $2.41-7.1%
$27.9Bvs $27.3B+2.0%
Q3 2025Aug 18, 2025
$2.12vs $2.09+1.4%
$26.0Bvs $26.0B-0.3%
Q1 2025Feb 17, 2025
$1.74vs $1.98-12.1%
$25.2Bvs $25.0B+0.5%
Q3 2024Aug 26, 2024
$2.75vs $2.75+0.0%
$28.4Bvs $28.5B-0.1%
Based on last 12 quarters of dataView full earnings history →

Latest BHP News

Recent stock market news and headlines for BHP Group Limited (BHP)

Reuters·5 days ago
BHP workers approve Pilbara labour deal, unions cite lingering concerns

Workers at BHP's South Flank and Mining Area C iron ore operations in Western Australia ​have voted to approve a new labour ‌agreement, unions said on Friday, while noting that many remained dissatisfied with the deal.

Accesswire·5 days ago
Faraday Copper Signs a Definitive Agreement to Acquire BHP's San Manuel Property in Arizona, Creating a Multi-Asset Copper District in the USA

VANCOUVER, BC / ACCESS Newswire / July 2, 2026 / Faraday Copper Corp. ("Faraday") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce it has entered into a definitive purchase and sale agreement (the "Agreement") with a wholly owned subsidiary of BHP Group Limited ("BHP") in respect of the previously announced transaction whereby Faraday will acquire from BHP the San Manuel property ("San Manuel"), adjacent to Faraday's Copper Creek project ("Copper Creek"), located in Arizona, USA (Figure 1). Paul Harbidge, President and CEO, commented, "This is a transformational acquisition for Faraday.

GuruFocus·Jun 26, 2026
BHP's Incoming CEO Reshapes Leadership Before July 1

BHP Group (BHP) incoming CEO Brandon Craig has announced changes to the miner's leadership team before officially taking over on July 1. The move marks Craig's

WSJ·Jun 25, 2026
BHP Splits Americas Role in Executive Reshuffle

Incoming BHP Group chief executive, Brandon Craig, will split his recent role overseeing the company's Americas operations in two, sharpening focus on North and South America.

Reuters·Jun 25, 2026
Mining behemoth BHP to split President Americas  role into two positions

Mining major BHP will split its President Americas role into two positions, ​President North America and President South ‌America, as part of the executive leadership team changes it announced on Friday.

Peers Comparison

Key metrics vs top competitors for BHP Group Limited (BHP)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BHP logoBHPBHP Group LimitedCurrent
$80.23$203.71B22.54-7.9%17.59%17.8%3.13%
RIO logoRIORio Tinto Group
$91.25$148.19B14.967.67%19.28%35.19%—
VALE logoVALEVale S.A.
$14.69$64.11B25.330.46%7.06%7.22%—
FCX logoFCXFreeport-McMoRan Inc.
$59.27$85.18B38.991.12%10.34%8.91%—
SCCO logoSCCOSouthern Copper Corporation
$169.75$141.63B32.4017.38%34.16%45.67%—
CLF logoCLFCleveland-Cliffs Inc.
$9.54$5.44B-3.18-3%-6.42%-20.16%—

Compare BHP vs Peers

BHP Group Limited (BHP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RIO

Most directly comparable listed peer for BHP.

Scale Benchmark

vs CAT

Larger-name benchmark to compare BHP against a more recognizable public peer.

Peer Set

Compare Top 5

vs RIO, VALE, FCX, SCCO

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BHP Frequently Asked Questions

BHP Group Limited (BHP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is BHP Group Limited's revenue?

BHP Group Limited (BHP) reported $107.64B in revenue for fiscal year 2025. This represents a 605% increase from $15.27B in 1996.

How fast is BHP Group Limited growing?

BHP Group Limited (BHP) saw revenue decline by 7.9% over the past year.

Is BHP profitable?

Yes, BHP Group Limited (BHP) is profitable, generating $21.64B in net income for fiscal year 2025 (17.6% net margin).

Dividend & Returns
Does BHP pay dividends?

Yes, BHP Group Limited (BHP) pays a dividend with a yield of 3.13%. This makes it attractive for income-focused investors.

What is BHP's return on equity?

BHP Group Limited (BHP) has a return on equity (ROE) of 17.8%. This is reasonable for most industries.

What is BHP Group Limited's free cash flow?

BHP Group Limited (BHP) generated $20.86B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in BHP back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →