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

$42.00

22 Aug
2025

-0.060

OPEN

$42.66

-0.14%

HIGH

$42.81

13,494,593

LOW

$42.00

TARGET
$42.983 2.3% 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) 284.0 xxx
DPS (cps) 151.1 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 14.8 xxx
Dividend Yield 3.6% xxx
Div Pay Ratio(%) 53.2% 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: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

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: 12/09 - ex-div 109.21c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx274.5
DPS All xxxxxxxxxxxxxxx171.5
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

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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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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Morgans

20/08/2025

3

Downgrade to Hold from Accumulate

$43.90

4.52%

BHP Group's FY25 result was supported by solid operational and cost performance, assesses Morgans, with copper delivering strongly through robust production and by-product credits.

Revenue fell -8% to US$51.3bn, earnings (EBITDA) declined -10%, and profit is US$10.2bn; all were broadly in line with the broker's forecasts.

A final dividend of US60c surprised to the upside, aided by strong second-half free cash flow, explains the analyst.

Management increased its target net debt range to US$10-20bn from US$5-15bn, signaling softer capital discipline even as net debt rose 42% to US$12.9bn, the report highlights.

FY26 capex guidance of -US$11bn is unchanged, while cost guidance across WA Iron Ore, Escondida, and BMA compares favourably to consensus, observes the broker.

Jansen Stage 1 capex has been reset higher to -US$7.0-7.4bn with first production expected mid-2027, while Stage 2 is delayed to FY31 and FY26 potash spend is set at -US$1.9bn.

Despite this, copper and iron ore are seen as core strengths, though the 50:50 joint venture between BHP and Japan’s Mitsubishi Development continues to underperform.

Morgans makes only minor forecast changes and leaves its target price unchanged at $43.90. The broker downgrades BHP Group to Hold from Accumulate given recent share price strength.

FORECAST
Morgans forecasts a full year FY26 dividend of 148.65 cents and EPS of 297.31 cents.
Morgans forecasts a full year FY27 dividend of 154.85 cents and EPS of 309.69 cents.

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxx

$xx.xx

xx.xx%

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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 >

BHP STOCK CHART

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