BHP Group Limited (BHP) — Capital Reinvestment Ratio
Latest as of December 2025:
0.54x
BHP Group Limited (BHP) has a Capital Reinvestment Ratio of 0.54x as of December 2025, meaning it reinvests 1% of its operating cash flow (GBX9.54 Billion) in capital expenditures (GBX5.16 Billion). See BHP Group Limited free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.54x
Capex / Operating Cash Flow
Operating Cash Flow
GBX9.54 Billion
GBX
Capital Expenditures
GBX5.16 Billion
GBX
Data as of
Dec 2025
Most recent filing
BHP Group Limited Capital Reinvestment Ratio (1992–2025)
This chart tracks BHP Group Limited's Capital Reinvestment Ratio across 34 annual periods.
Annual Capital Reinvestment Ratio for BHP Group Limited (1992–2025)
Year-by-year Capital Reinvestment Ratio for BHP Group Limited from 1992 to 2025. For live market cap and broader valuation context, see BHP market cap.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.50x | GBX18.69 Billion | GBX9.40 Billion | ▲ +17.9% |
| 2024 | 0.43x | GBX20.66 Billion | GBX8.82 Billion | ▲ +18.5% |
| 2023 | 0.36x | GBX18.70 Billion | GBX6.73 Billion | ▲ +97.8% |
| 2022 | 0.18x | GBX32.17 Billion | GBX5.86 Billion | ▼ -11.7% |
| 2021 | 0.21x | GBX27.23 Billion | GBX5.61 Billion | ▼ -53.1% |
| 2020 | 0.44x | GBX15.71 Billion | GBX6.90 Billion | ▲ +10.2% |
| 2019 | 0.40x | GBX17.87 Billion | GBX7.12 Billion | ▲ +47.8% |
| 2018 | 0.27x | GBX18.46 Billion | GBX4.98 Billion | ▲ +6.6% |
| 2017 | 0.25x | GBX16.80 Billion | GBX4.25 Billion | ▼ -61.3% |
| 2016 | 0.65x | GBX10.62 Billion | GBX6.95 Billion | ▲ +4.7% |
| 2015 | 0.62x | GBX19.30 Billion | GBX12.04 Billion | ▼ -2.3% |
| 2014 | 0.64x | GBX25.36 Billion | GBX16.21 Billion | ▼ -42.6% |
| 2013 | 1.11x | GBX20.15 Billion | GBX22.43 Billion | ▲ +33.0% |
| 2012 | 0.84x | GBX25.26 Billion | GBX21.13 Billion | ▲ +116.6% |
| 2011 | 0.39x | GBX30.08 Billion | GBX11.62 Billion | ▼ -35.6% |
| 2010 | 0.60x | GBX17.92 Billion | GBX10.74 Billion | ▲ +4.0% |
| 2009 | 0.58x | GBX18.86 Billion | GBX10.88 Billion | ▲ +17.3% |
| 2008 | 0.49x | GBX18.16 Billion | GBX8.92 Billion | ▲ +6.8% |
| 2007 | 0.46x | GBX15.60 Billion | GBX7.18 Billion | ▼ -19.7% |
| 2006 | 0.57x | GBX10.48 Billion | GBX6.00 Billion | ▲ +37.7% |
| 2005 | 0.42x | GBX8.04 Billion | GBX3.35 Billion | ▼ -13.6% |
| 2004 | 0.48x | GBX4.66 Billion | GBX2.25 Billion | ▼ -35.8% |
| 2003 | 0.75x | GBX3.23 Billion | GBX2.42 Billion | ▲ +2.9% |
| 2002 | 0.73x | GBX3.94 Billion | GBX2.87 Billion | ▲ +85.6% |
| 2001 | 0.39x | GBX2.55 Billion | GBX1.00 Billion | ▲ +40.4% |
| 2000 | 0.28x | GBX2.35 Billion | GBX658.00 Million | ▼ -61.5% |
| 1999 | 0.73x | GBX2.34 Billion | GBX1.70 Billion | ▼ -31.5% |
| 1998 | 1.06x | GBX2.23 Billion | GBX2.37 Billion | ▲ +4.5% |
| 1997 | 1.02x | GBX3.05 Billion | GBX3.10 Billion | ▼ -7.6% |
| 1996 | 1.10x | GBX2.64 Billion | GBX2.90 Billion | ▲ +54.1% |
| 1995 | 0.71x | GBX2.94 Billion | GBX2.09 Billion | ▼ -0.8% |
| 1994 | 0.72x | GBX2.49 Billion | GBX1.79 Billion | ▲ +4.1% |
| 1993 | 0.69x | GBX1.83 Billion | GBX1.27 Billion | ▼ -24.8% |
| 1992 | 0.92x | GBX2.34 Billion | GBX2.15 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow