Morningstar

BHP Group Ltd ADR BHP

Morningstar Rating
Unlock
Stock XNYS Rating as of
$86.07 +1.42 (1.68%)
View Full Chart
As of Delayed Price Post-Trading: $86.50 0.00

Company Report

View Archive

BHP's Fair Value Estimate Raised, but Strong Copper Bull Market Means Shares Are Expensive

Jon Mills

BHP is the world’s largest miner by market capitalization. Its main operations span iron ore and copper, with smaller contributions from metallurgical coal and thermal coal. It placed its nickel operations on care and maintenance due to low prices in 2024. BHP is also developing its Jansen potash project in Canada. It merged its oil and gas assets with Woodside Energy in June 2022, vesting the Woodside shares it received to BHP shareholders and exiting the sector. It purchased copper miner Oz Minerals in fiscal 2023 and half of the Vicuña copper joint venture in fiscal 2025.

Read Analysis

Price vs Fair Value

View History
BHP is trading at a LOCK|S@!LZ&N premium.
Price
$84.65
Fair Value
MB$
Uncertainty
LOCK|H>Z#l
1-Star Price
LOCK|.r^
5-Star Price
LOCK|.Z!
Economic Moat
LOCK|^?
Capital Allocation
LOCK|zf%%$Q

Bulls Say, Bears Say

Bulls

BHP is likely to increase copper production from existing as well as new mines such as Vicuña over the next decade.

Bears

BHP has shown improved capital allocation since its missteps during the China boom, but continuing high commodity prices could encourage it to once again aggressively expand output.

Show More

News

View All

Trading Information

Previous Close Price
$84.65
Day Range
$84.56–86.46
52-Week Range
$52.18–98.71
Bid/Ask
$85.06 / $86.50
Shares Outstanding
2.54B
Market Cap
$218.74B
Volume/Avg
3M / 3M

Key Statistics

Price/Earnings (Normalized)
14.68
Price/Sales
3.67
Dividend Yield (Trailing)
4.06%
Dividend Yield (Forward)
4.68%
Dividend Payment Schedule
Mar, Sep
Total Yield
4.06%

Company Profile

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018, and the remaining petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and half of the Vicuña copper joint venture in fiscal 2025. It is entering the potash market through the development of its Jansen project in Canada. However, due to low prices, BHP placed its nickel business on care and maintenance in 2024.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Large Core
Total Number of Employees
90,000
Website
https://www.bhp.com

Competitors

Valuation

View More
Metric
BHP
FMG
RIO
Price/Earnings (Normalized)
 14.689.1914.17
Price/Book Value
 4.371.692.82
Price/Sales
 3.672.012.96
Price/Cash Flow
 9.194.988.88
Price/Earnings
BHP
FMG
RIO

Financial Strength

Metric
BHP
FMG
RIO
Quick Ratio
 1.441.700.93
Current Ratio
 1.882.321.42
Interest Coverage
 11.3613.0110.65
Quick Ratio
BHP
FMG
RIO

Profitability

Metric
BHP
FMG
RIO
Return on Assets (Normalized)
 11.44%11.10%10.13%
Return on Equity (Normalized)
 27.20%17.01%20.84%
Return on Invested Capital (Normalized)
 17.58%13.71%15.78%
Return on Assets
BHP
FMG
RIO

Other Industrial Metals & Mining Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BHP Group Ltd
BHPLF
LOCK|?>TP%$LOCK|x<G$213B
 Rio Tinto Ltd
RTNTF
—LOCK|>Jt$184B
 Rio Tinto PLC Ordinary Shares
RTPPF
LOCK|Whlb&DLOCK|R#@$150B
 Rio Tinto PLC ADR
RIO
LOCK|X#T&rpLOCK|V$m$150B
 Grupo Mexico SAB de CV Class B
GMBXF
—LOCK|&N?W$97B
 Grupo Mexico SAB de CV ADR
GPMXY
—LOCK|$pX%$97B
 Glencore PLC ADR
GLNCY
LOCK|ZW$mGMLOCK|$Z$85B
 Vale SA ADR
VALE
LOCK|N$LOCK|<S$58B
 Anglo American PLC ADR
NGLOY
LOCK|>w^KYfLOCK|dY<$57B

Sponsor Center