BHP GROUP LIMITED (BHP)
Share Price Analysis and Chart

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BHP

BHP - BHP GROUP LIMITED

FNArena Sector : Bulks
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.98
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

BHP Group is an Anglo-Australian multinational bulks, metals and (soon to be) potash producer. BHP is Australia's largest company by market cap, representing circa 11% of the ASX200. As the Broken Hill Proprietary Co it was first listed in August 1885.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$48.48

21 Jan
2026

0.700

OPEN

$47.43

1.47%

HIGH

$48.50

6,236,093

LOW

$47.25

TARGET
$49.40 1.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
RIO .
FNARENA'S MARKET CONSENSUS FORECASTS
BHP: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 356.5 xxx
DPS (cps) 195.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 13.5 xxx
Dividend Yield 4.1% xxx
Div Pay Ratio(%) 54.7% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 3.25%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.34

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/09 - ex-div 92.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx274.5
DPS All xxxxxxxxxxxxxxx171.0
Sales/Revenue xxxxxxxxxxxxxxx79,153.1 M
Book Value Per Share xxxxxxxxxxxxxxx1,433.1
Net Operating Cash Flow xxxxxxxxxxxxxxx28,862.1 M
Net Profit Margin xxxxxxxxxxxxxxx17.59 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx19.92 %
Return on Invested Capital xxxxxxxxxxxxxxx13.79 %
Return on Assets xxxxxxxxxxxxxxx8.72 %
Return on Equity xxxxxxxxxxxxxxx19.92 %
Return on Total Capital xxxxxxxxxxxxxxx26.78 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx4,464.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx3,079 M
Long Term Debt xxxxxxxxxxxxxxx34,299 M
Total Debt xxxxxxxxxxxxxxx37,379 M
Goodwill - Gross xxxxxxxxxxxxxxx2,123 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx18,566 M
Price To Book Value xxxxxxxxxxxxxxx2.56

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx15,122.8 M
Capex % of Sales xxxxxxxxxxxxxxx19.11 %
Cost of Goods Sold xxxxxxxxxxxxxxx42,251 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx7,229 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx7,979 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

21/01/2026

3

Neutral

$47.00

-3.05%

UBS highlights BHP Group reported a robust 1H26 on the back of the Dec quarter trading update, which has resulted in the analyst upgrading EPS forecasts by 8% in FY26 and 2% in FY27.

WA iron ore shipment lifted 5% y/y in the quarter to 76mt, with an improvement in car dumper performance, while realised price of US$83.5/wmt met expectations. No change to unit cost guidance. China negotiations are having some effect on realised price.

Grade decline at Escondida was offset by 2Q26 production of 317kt in excess of the analyst's and consensus forecast, and SA copper is also moderate on lower grades, but FY26 guidance is unchanged. Realised price at US$5.90/lb in 2Q was very robust.

BHP noted scope to lift Escondida production guidance for FY27.

The second increase in capex for Jansen potash may make some shareholders query the group's ability to bring forth large greenfield projects, UBS states.

Target price is lifted to $47 from $45, with no change to Neutral rating.

FORECAST
UBS forecasts a full year FY26 dividend of 193.08 cents and EPS of 386.16 cents.
UBS forecasts a full year FY27 dividend of 179.18 cents and EPS of 358.36 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
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No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

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