BHP Group Limited (BHP) Key Metrics
BHP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $211.68B
- Enterprise value
- $232.90B
- P/E (TTM)
- 21.6 10-yr median 14.5
- Forward P/E
- 17.2
- PEG ratio
- 5.95
- Price / sales
- 3.6 10-yr median 2.8
- Price / book
- 4.5 10-yr median 2.8
- EV / EBITDA
- 7.5 10-yr median 5.8
- Dividend yield
- 4.75% $3.96 a year
- Beta
- 0.82
BHP key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsBHP valuation Price multiples at each fiscal year-end price.
BHP returns How much profit the business earns on the capital it uses.
BHP per-share figures Results divided by the shares outstanding at year-end.
BHP financial health Debt, liquidity and how easily interest is covered.
BHP efficiency & capital use Working capital cycle and where the cash goes.
BHP valuation history
BHP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BHP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BHP cash returned to shareholders
BHP price vs earnings per share
BHP key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $211.98B | $122.22B | $144.92B | $151.29B | $142.39B | $164.66B | $115.19B | $134.60B | $119.05B | $84.70B |
| Enterprise value | $219.61B | $134.55B | $152.45B | $161.18B | $141.28B | $170.17B | $128.72B | $143.72B | $129.95B | $100.95B |
| P/E ratio | 21.6 | 13.6 | 18.4 | 11.7 | 4.6 | 14.6 | 14.5 | 16.2 | 32.1 | 14.4 |
| Price / sales | 3.6 | 2.4 | 2.6 | 2.8 | 2.2 | 2.9 | 2.9 | 3.0 | 2.8 | 2.4 |
| Price / book | 4.3 | 2.6 | 3.2 | 3.1 | 2.9 | 3.0 | 2.2 | 2.6 | 2.0 | 1.5 |
| Price / free cash flow | 17.8 | 13.2 | 12.2 | 12.6 | 5.5 | 7.6 | 13.1 | 12.5 | 8.8 | 6.7 |
| Price / operating cash flow | 9.7 | 6.5 | 7.0 | 8.1 | 4.4 | 6.0 | 7.3 | 7.5 | 6.4 | 5.0 |
| EV / sales | 3.7 | 2.6 | 2.7 | 3.0 | 2.2 | 3.0 | 3.3 | 3.2 | 3.0 | 2.8 |
| EV / EBITDA | 7.1 | 5.6 | 5.5 | 6.2 | 3.7 | 5.0 | 7.1 | 6.5 | 5.9 | 5.4 |
| EV / free cash flow | 18.4 | 14.5 | 12.9 | 13.5 | 5.4 | 7.9 | 14.6 | 13.4 | 9.6 | 8.0 |
| Earnings yield | 4.6% | 7.4% | 5.4% | 8.5% | 21.7% | 6.9% | 6.9% | 6.2% | 3.1% | 7.0% |
| Free cash flow yield | 5.6% | 7.6% | 8.2% | 7.9% | 18.3% | 13.1% | 7.6% | 8.0% | 11.3% | 14.8% |
| Dividend yield | 3.2% | 5.2% | 5.3% | 8.8% | 12.5% | 4.8% | 6.0% | 8.5% | 4.4% | 3.4% |
| Shareholder yield (dividends + buybacks) | 3.2% | 5.2% | 5.3% | 8.8% | 12.6% | 4.9% | 6.1% | 12.3% | 4.5% | 3.6% |
| Share price at fiscal year-end | $83.31 | $48.09 | $57.09 | $59.67 | $56.18 | $64.97 | $44.36 | $51.84 | $44.61 | $31.75 |
| Per share | ||||||||||
| Revenue per share | $23.09 | $20.17 | $21.93 | $21.23 | $25.68 | $22.59 | $15.08 | $17.17 | $16.16 | $13.47 |
| Earnings per share | $3.86 | $3.55 | $3.11 | $5.10 | $12.19 | $4.46 | $3.06 | $3.20 | $1.39 | $2.21 |
| Operating cash flow per share | $8.56 | $7.34 | $8.14 | $7.38 | $12.69 | $10.75 | $6.05 | $6.88 | $6.92 | $6.30 |
| Free cash flow per share | $4.69 | $3.65 | $4.67 | $4.72 | $10.28 | $8.53 | $3.39 | $4.14 | $5.05 | $4.70 |
| Cash per share | $7.31 | $4.79 | $4.98 | $4.91 | $6.92 | $6.11 | $5.20 | $6.05 | $5.96 | $5.33 |
| Book value per share | $19.42 | $18.75 | $17.65 | $19.14 | $19.24 | $21.94 | $20.12 | $19.96 | $22.74 | $21.46 |
| Tangible book value per share | $18.59 | $18.00 | $16.98 | $18.51 | $18.70 | $21.37 | $19.88 | $19.70 | $22.44 | $19.97 |
| Dividends per share | $2.66 | $2.52 | $3.02 | $5.23 | $7.04 | $3.12 | $2.65 | $4.39 | $1.96 | $1.09 |
| Capex per share | $3.87 | $3.69 | $3.47 | $2.66 | $2.41 | $2.21 | $2.66 | $2.74 | $1.87 | $1.59 |
| Debt per share | $10.31 | $9.64 | $7.95 | $8.81 | $6.48 | $8.28 | $10.42 | $9.56 | $10.04 | $11.42 |
| Shares outstanding | 2.54B | 2.54B | 2.54B | 2.54B | 2.53B | 2.53B | 2.60B | 2.60B | 2.67B | 2.67B |
| Change in shares outstanding | +0.1% | +0.1% | +0.1% | +0.0% | +0.0% | −2.4% | 0.0% | −2.7% | +0.0% | +0.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 20.3% | 19.5% | 16.9% | 26.6% | 59.2% | 21.0% | 15.3% | 14.8% | 6.3% | 10.6% |
| Return on invested capital (ROIC) | 25.3% | 21.0% | 18.9% | 28.9% | 42.4% | 22.6% | 14.5% | 15.4% | 11.6% | 9.8% |
| Return on assets (ROA) | 8.5% | 8.5% | 7.8% | 13.2% | 30.3% | 10.6% | 7.7% | 7.8% | 3.2% | 5.0% |
| Return on tangible assets | 8.2% | 8.4% | 7.8% | 13.0% | 32.9% | 10.5% | 7.6% | 8.3% | 3.3% | 5.2% |
| Free cash flow margin | 20.3% | 18.1% | 21.3% | 22.2% | 40.0% | 37.8% | 22.5% | 24.1% | 31.3% | 34.9% |
| Income quality (OCF / net income) | 2.21 | 2.07 | 2.62 | 1.45 | 1.04 | 2.41 | 1.97 | 2.15 | 4.98 | 2.85 |
| Financial health | ||||||||||
| Total debt | $26.23B | $24.50B | $20.18B | $22.34B | $16.43B | $20.98B | $27.05B | $24.83B | $26.80B | $30.47B |
| Cash & short-term investments | $18.60B | $12.17B | $12.65B | $12.46B | $17.54B | $15.48B | $13.51B | $15.70B | $15.90B | $14.22B |
| Net debt | $7.63B | $12.33B | $7.53B | $9.89B | −$1.11B | $5.51B | $13.54B | $9.13B | $10.90B | $16.25B |
| Debt / equity | 0.53 | 0.51 | 0.45 | 0.46 | 0.34 | 0.38 | 0.52 | 0.48 | 0.44 | 0.53 |
| Debt / assets | 0.22 | 0.23 | 0.20 | 0.22 | 0.17 | 0.19 | 0.26 | 0.25 | 0.24 | 0.26 |
| Net debt / EBITDA | 0.25 | 0.51 | 0.27 | 0.38 | −0.03 | 0.16 | 0.75 | 0.41 | 0.50 | 0.87 |
| Current ratio | 1.88 | 1.46 | 1.70 | 1.23 | 1.69 | 1.63 | 1.45 | 1.89 | 2.51 | 1.85 |
| Quick ratio | 1.48 | 1.11 | 1.29 | 0.95 | 1.40 | 1.36 | 1.17 | 1.58 | 2.24 | 1.53 |
| Interest coverage | 12.1 | 21.3 | 15.4 | 26.5 | 66.7 | 49.1 | 15.3 | 14.5 | 14.4 | 11.9 |
| Working capital | $14.57B | $7.19B | $10.04B | $4.31B | $11.74B | $10.29B | $6.65B | $11.03B | $21.14B | $9.69B |
| Invested capital | $57.05B | $59.99B | $52.34B | $58.42B | $47.66B | $61.11B | $65.78B | $60.95B | $71.57B | $73.51B |
| Tangible asset value | $54.21B | $50.29B | $47.40B | $46.92B | $47.40B | $54.17B | $51.62B | $51.15B | $59.89B | $58.76B |
| Net current asset value | −$34.03B | −$33.74B | −$28.90B | −$29.41B | −$17.74B | −$26.63B | −$31.07B | −$25.66B | −$16.19B | −$33.22B |
| Graham number | $41.09 | $38.70 | $35.15 | $46.85 | $72.65 | $46.92 | $37.25 | $37.90 | $26.65 | $32.65 |
| Graham net-net per share | −$15.48 | −$15.01 | −$13.22 | −$13.36 | −$8.73 | −$12.18 | −$13.16 | −$11.06 | −$11.67 | −$13.47 |
| Capital allocation | ||||||||||
| Dividends paid | $6.76B | $6.39B | $7.67B | $13.27B | $17.85B | $7.90B | $6.88B | $11.39B | $5.22B | $2.92B |
| Share buybacks (net) | — | $0 | $0 | $88.0M | $149.0M | $234.0M | $143.0M | $5.22B | $171.0M | $108.0M |
| Dividend payout ratio | 68.7% | 70.9% | 97.2% | 102.7% | 57.8% | 69.9% | 86.4% | 137.2% | 140.9% | 49.6% |
| Dividends + buybacks / free cash flow | 56.6% | 68.9% | 64.8% | 111.6% | 69.1% | 37.6% | 79.7% | 154.6% | 40.0% | 24.1% |
| Capex / revenue | 16.8% | 18.3% | 15.8% | 12.5% | 9.4% | 9.8% | 17.6% | 16.0% | 11.5% | 11.8% |
| Capex / operating cash flow | 45.2% | 50.3% | 42.7% | 36.0% | 19.0% | 20.6% | 43.9% | 39.9% | 27.0% | 25.3% |
| Capex / depreciation | 1.59 | 1.69 | 1.66 | 1.33 | 1.08 | 1.10 | 1.13 | 1.22 | 0.79 | 0.69 |
| Stock-based compensation / revenue | — | — | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.3% | 0.3% | 0.3% |
| SG&A / revenue | 13.3% | 26.3% | 24.1% | 22.7% | 17.7% | 19.1% | 24.0% | 25.9% | 27.8% | 29.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 30.1 | 36.1 | 34.7 | 36.6 | 33.7 | 32.1 | 34.1 | 27.8 | 26.4 | 34.3 |
| Days of inventory on hand | 154.2 | 227.5 | 203.0 | 169.3 | 182.9 | 200.9 | 196.2 | 180.6 | 207.6 | 207.3 |
| Days payables outstanding | 180.8 | 267.3 | 239.2 | 194.3 | 242.0 | 301.4 | 308.5 | 301.5 | 321.8 | 320.1 |
| Cash conversion cycle (days) | 3.6 | -3.7 | -1.4 | 11.6 | -25.4 | -68.4 | -78.2 | -93.1 | -87.8 | -78.5 |
| Receivables turnover | 12.11 | 10.11 | 10.52 | 9.97 | 10.83 | 11.37 | 10.70 | 13.13 | 13.84 | 10.65 |
| Payables turnover | 2.02 | 1.37 | 1.53 | 1.88 | 1.51 | 1.21 | 1.18 | 1.21 | 1.13 | 1.14 |
| Inventory turnover | 2.37 | 1.60 | 1.80 | 2.16 | 2.00 | 1.82 | 1.86 | 2.02 | 1.76 | 1.76 |
| Asset turnover | 0.51 | 0.49 | 0.55 | 0.55 | 0.64 | 0.54 | 0.38 | 0.42 | 0.38 | 0.30 |
| Average receivables | $4.85B | $5.07B | $5.29B | $5.40B | $6.01B | $5.03B | $3.66B | $3.39B | $3.12B | $3.38B |
| Average payables | $7.11B | $6.68B | $6.51B | $5.83B | $6.19B | $6.40B | $6.24B | $6.35B | $5.76B | $5.47B |
| Average inventory | $6.06B | $5.68B | $5.52B | $5.08B | $4.68B | $4.26B | $3.97B | $3.80B | $3.72B | $3.54B |
| Intangibles / total assets | 1.7% | 1.8% | 1.7% | 1.6% | 1.4% | 1.3% | 0.6% | 0.7% | 0.7% | 3.4% |
Computed from BHP's annual financial statements (latest annual report filed August 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BHP valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), BHP traded at 21.6 times earnings, against a 10-year median of 14.5. Based on the latest twelve months, the trailing P/E is 21.6 and the forward P/E is 17.2. BHP earned a return on equity of 20.3% and a return on invested capital of 25.3% in fiscal 2026. It ended the year with $26.2 billion of debt and $18.6 billion in cash and short-term investments, net debt of $7.6 billion. It returned $6.8 billion to shareholders: $6.8 billion in dividends and $0 in share buybacks, 57% of free cash flow. The share count fell 4.6% from 2.67B to 2.54B over 9 years.
See the BHP income statement, the BHP chart for price history, or the BHP stock overview for the latest quote and news.
BHP key metrics FAQ
What is BHP's P/E ratio?
BHP's trailing P/E ratio is 21.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 17.2. At the end of fiscal 2026 it was 21.6, compared with a 10-year median of 14.5.
What is BHP's EV/EBITDA?
BHP's enterprise value was 7.1 times EBITDA at the end of fiscal 2026 (enterprise value $219.6 billion, EBITDA $30.7 billion); the current EV/EBITDA is 7.5.
What is BHP's return on equity?
BHP's return on equity (ROE) was 20.3% in fiscal 2026: net income of $9.8 billion on average shareholders' equity of $48.5 billion.
What is BHP's ROIC?
BHP's return on invested capital was 25.3% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does BHP have?
BHP had total debt of $26.2 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.53 and $7.6 billion of net debt (0.25 times EBITDA).
What is BHP's dividend yield?
BHP's forward dividend yield is 4.75%. BHP paid $6.8 billion in dividends in fiscal 2026 ($2.66 per share), a payout ratio of 68.7%.
What is BHP's free cash flow yield?
BHP generated $11.9 billion of free cash flow in fiscal 2026, a free cash flow yield of 5.6% on its market value at year-end ($212.0 billion).
What is BHP's current ratio?
BHP's current ratio was 1.88 at the end of fiscal 2026: current assets were 1.88 times current liabilities.