BHP (BHP) Stock Analysis

June 13, 2026

Here is a fundamental analysis of BHP (BHP), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

BHP

GSPC

BHP (BHP) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for BHP (BHP) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

BHP (BHP) metric values compared with Materials industry-group medians
Metric	Current stock: BHP	Industry group median
1-Year Return	85.92%	41.31%

Risk

Drawdown

BHP

GSPC

BHP (BHP) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

BHP (BHP) metric values compared with Materials industry-group medians
Metric	Current stock: BHP	Industry group median
1-Year Volatility	32.49%	53.58%
Beta	0.74	0.95

Company Profile

BHP (BHP) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for BHP (BHP)
Profile Item	BHP
Name	BHP Group Ltd.
Country/Region	Australia
GICS Sector	Materials
GICS Industry Group	Materials
GICS Industry	Metals & Mining
GICS Sub-Industry	Diversified Metals & Mining
Market Capitalization	230.71 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 17, 1980
Security Type	ADR

Valuation

Price-to-Earnings Ratio (TTM)

BHP (BHP) trades at P/E ratio of 22.59, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

BHP

Materials industry group

22.59

Group distribution

Max: 60.17
Q3: 33.90
BHP: 22.59
Median: 22.02
Q1: 15.32
Min: 4.65

Largest peers

FCX: 36.20
LIN: 34.72
SCCO: 32.17
BHP: 22.59
RIO: 17.30
AEM: 15.31
NEM: 13.00

Where BHP (BHP) stands on P/E ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

BHP (BHP) trades at 4.27 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

BHP

Materials industry group

4.27

Group distribution

Max: 9.93
Q3: 4.61
BHP: 4.27
Median: 2.05
Q1: 0.79
Min: 0.00

Largest peers

SCCO: 10.88
LIN: 6.99
AEM: 6.01
NEM: 4.29
BHP: 4.27
FCX: 3.72
RIO: 2.97

Where BHP (BHP) stands on P/S ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

BHP (BHP) trades at 4.57 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

BHP

Materials industry group

4.57

Group distribution

Max: 8.35
BHP: 4.57
Q3: 4.40
Median: 2.67
Q1: 1.45
Min: -0.48

Largest peers

SCCO: 13.43
LIN: 6.28
FCX: 5.04
BHP: 4.57
AEM: 3.10
NEM: 3.08
RIO: 2.75

Where BHP (BHP) stands on P/B ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

BHP (BHP) metric values compared with Materials industry-group medians
Metric	Current stock: BHP	Industry group median
Price-to-Earnings Ratio (TTM)	22.59	22.02
Price-to-Sales Ratio (TTM)	4.27	2.05
Price-to-Book Ratio (MRQ)	4.57	2.67
Free Cash Flow Yield	3.53%	1.54%

Profitability

Return on Equity (TTM)

BHP (BHP) posts ROE of 24.71%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

BHP

Materials industry group

24.71%

Group distribution

Max: 51.93%
BHP: 24.71%
Q3: 17.55%
Median: 5.92%
Q1: -10.29%
Min: -50.42%

Largest peers

SCCO: 46.34%
NEM: 25.83%
BHP: 24.71%
AEM: 22.30%
LIN: 18.23%
RIO: 16.40%
FCX: 15.63%

Where BHP (BHP) stands on ROE within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

BHP (BHP) keeps 18.97% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

BHP

Materials industry group

18.97%

Group distribution

Max: 35.99%
BHP: 18.97%
Q3: 14.87%
Median: 3.80%
Q1: 0.00%
Min: -21.87%

Largest peers

AEM: 39.46%
SCCO: 34.13%
NEM: 33.87%
LIN: 20.44%
BHP: 18.97%
RIO: 17.29%
FCX: 10.34%

Where BHP (BHP) stands on net margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

BHP (BHP) turns 40.73% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

BHP

Materials industry group

40.73%

Group distribution

Max: 66.92%
BHP: 40.73%
Q3: 27.27%
Median: 9.63%
Q1: 0.00%
Min: -32.85%

Largest peers

AEM: 62.82%
NEM: 61.38%
SCCO: 58.34%
BHP: 40.73%
FCX: 31.07%
LIN: 28.47%
RIO: 25.32%

Where BHP (BHP) stands on operating margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

BHP (BHP) metric values compared with Materials industry-group medians
Metric	Current stock: BHP	Industry group median
Return on Equity (TTM)	24.71%	5.92%
Return on Assets (TTM)	12.23%	4.26%
Net Profit Margin (TTM)	18.97%	3.80%
Operating Profit Margin (TTM)	40.73%	9.63%
Gross Profit Margin (TTM)	83.09%	27.28%

Financial Strength

Current Ratio (MRQ)

BHP (BHP) has current ratio of 1.65, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

BHP

Materials industry group

1.65

Group distribution

Max: 6.31
Q3: 3.52
Median: 2.28
BHP: 1.65
Q1: 1.43
Min: 0.12

Largest peers

SCCO: 4.38
AEM: 3.15
NEM: 2.44
FCX: 2.39
BHP: 1.65
RIO: 1.45
LIN: 0.83

Where BHP (BHP) stands on current ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (MRQ)

BHP (BHP) has debt-to-equity ratio of 0.53, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

BHP

Materials industry group

0.53

Group distribution

Max: 2.02
Q3: 0.92
BHP: 0.53
Median: 0.44
Q1: 0.14
Min: 0.00

Largest peers

LIN: 0.66
SCCO: 0.62
BHP: 0.53
RIO: 0.35
FCX: 0.33
NEM: 0.16
AEM: 0.01

Where BHP (BHP) stands on debt-to-equity ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

BHP (BHP) metric values compared with Materials industry-group medians
Metric	Current stock: BHP	Industry group median
Current Ratio (MRQ)	1.65	2.28
Debt-to-Equity Ratio (MRQ)	0.53	0.44
Net Debt / EBITDA	0.60	1.63

Dividends

Dividend Yield (TTM)

BHP (BHP) has dividend yield of 2.93%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.

BHP

Materials industry group

2.93%

Group distribution

Max: 4.47%
BHP: 2.93%
Q3: 1.89%
Median: 0.58%
Q1: 0.00%
Min: 0.00%

Largest peers

RIO: 3.82%
BHP: 2.93%
SCCO: 2.11%
LIN: 1.22%
AEM: 1.11%
NEM: 1.04%
FCX: 0.88%

Where BHP (BHP) stands on dividend yield within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

BHP (BHP) has payout ratio of 54.64%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

BHP

Materials industry group

54.64%

Group distribution

Max: 90.00%
BHP: 54.64%
Q3: 38.50%
Median: 8.90%
Q1: 0.00%
Min: 0.00%

Largest peers

RIO: 61.31%
SCCO: 56.33%
BHP: 54.64%
LIN: 40.45%
FCX: 31.75%
AEM: 15.54%
NEM: 13.10%

Where BHP (BHP) stands on payout ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

BHP (BHP) metric values compared with Materials industry-group medians
Metric	Current stock: BHP	Industry group median
Dividend Yield (TTM)	2.93%	0.58%
Dividend Payout Ratio (TTM)	54.64%	8.90%