BHP Group Ltd (BHP) — Capital Reinvestment Ratio
BHP Group Ltd (BHP) has a Capital Reinvestment Ratio of 0.54x as of December 2025, meaning it reinvests 1% of its operating cash flow (AU$9.54 Billion) in capital expenditures (AU$5.16 Billion). See BHP net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
BHP Group Ltd Capital Reinvestment Ratio (1992–2025)
This chart tracks BHP Group Ltd's Capital Reinvestment Ratio across 34 annual periods. Check total reinvestment intensity of BHP Group Ltd to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for BHP Group Ltd (1992–2025)
Year-by-year Capital Reinvestment Ratio for BHP Group Ltd from 1992 to 2025. For live market cap and broader valuation context, see BHP Group Ltd stock valuation.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.50x | AU$18.69 Billion | AU$9.40 Billion | ▲ +17.9% |
| 2024 | 0.43x | AU$20.66 Billion | AU$8.82 Billion | ▲ +12.6% |
| 2023 | 0.38x | AU$18.70 Billion | AU$7.08 Billion | ▲ +99.4% |
| 2022 | 0.19x | AU$32.17 Billion | AU$6.11 Billion | ▼ -10.9% |
| 2021 | 0.21x | AU$27.23 Billion | AU$5.80 Billion | ▼ -56.2% |
| 2020 | 0.49x | AU$15.71 Billion | AU$7.64 Billion | ▲ +22.0% |
| 2019 | 0.40x | AU$17.87 Billion | AU$7.12 Billion | ▲ +47.8% |
| 2018 | 0.27x | AU$18.46 Billion | AU$4.98 Billion | ▲ +6.6% |
| 2017 | 0.25x | AU$16.80 Billion | AU$4.25 Billion | ▼ -61.3% |
| 2016 | 0.65x | AU$10.62 Billion | AU$6.95 Billion | ▲ +4.7% |
| 2015 | 0.62x | AU$19.30 Billion | AU$12.04 Billion | ▼ -2.3% |
| 2014 | 0.64x | AU$25.36 Billion | AU$16.21 Billion | ▼ -42.6% |
| 2013 | 1.11x | AU$20.15 Billion | AU$22.43 Billion | ▲ +33.0% |
| 2012 | 0.84x | AU$25.26 Billion | AU$21.13 Billion | ▲ +116.6% |
| 2011 | 0.39x | AU$30.08 Billion | AU$11.62 Billion | ▼ -35.6% |
| 2010 | 0.60x | AU$17.92 Billion | AU$10.74 Billion | ▲ +4.0% |
| 2009 | 0.58x | AU$18.86 Billion | AU$10.88 Billion | ▲ +17.3% |
| 2008 | 0.49x | AU$18.16 Billion | AU$8.92 Billion | ▲ +6.8% |
| 2007 | 0.46x | AU$15.60 Billion | AU$7.18 Billion | ▼ -19.7% |
| 2006 | 0.57x | AU$10.48 Billion | AU$6.00 Billion | ▲ +37.7% |
| 2005 | 0.42x | AU$8.04 Billion | AU$3.35 Billion | ▼ -13.6% |
| 2004 | 0.48x | AU$4.66 Billion | AU$2.25 Billion | ▼ -35.8% |
| 2003 | 0.75x | AU$3.23 Billion | AU$2.42 Billion | ▲ +2.9% |
| 2002 | 0.73x | AU$3.94 Billion | AU$2.87 Billion | ▲ +85.6% |
| 2001 | 0.39x | AU$2.55 Billion | AU$1.00 Billion | ▲ +40.4% |
| 2000 | 0.28x | AU$2.35 Billion | AU$658.00 Million | ▼ -61.5% |
| 1999 | 0.73x | AU$2.34 Billion | AU$1.70 Billion | ▼ -31.5% |
| 1998 | 1.06x | AU$2.23 Billion | AU$2.37 Billion | ▲ +4.5% |
| 1997 | 1.02x | AU$3.05 Billion | AU$3.10 Billion | ▼ -7.6% |
| 1996 | 1.10x | AU$2.64 Billion | AU$2.90 Billion | ▲ +54.1% |
| 1995 | 0.71x | AU$2.94 Billion | AU$2.09 Billion | ▼ -0.8% |
| 1994 | 0.72x | AU$2.49 Billion | AU$1.79 Billion | ▲ +4.1% |
| 1993 | 0.69x | AU$1.83 Billion | AU$1.27 Billion | ▼ -24.8% |
| 1992 | 0.92x | AU$2.34 Billion | AU$2.15 Billion | — |