BHP Group Ltd (BHP) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.172x

Based on the latest financial reports, BHP Group Ltd (BHP) has a cash flow conversion efficiency ratio of 0.172x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$9.54 Billion ≈ $6.75 Billion USD) by net assets (AU$55.50 Billion ≈ $39.27 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See BHP Group Ltd net asset quality index to measure how much of total assets are equity-financed.

BHP Group Ltd - Cash Flow Conversion Efficiency Trend (1988–2025)

This chart illustrates how BHP Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check BHP Group Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

BHP Group Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of BHP Group Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Arm Holdings plc American Depositary Shares NASDAQ:ARM	0.031x
Nestlé S.A F:NESM	0.137x
CHINA CON.BANK ADR/20 YC1 F:C6TB	0.158x
Goldman Sachs Group Inc NYSE:GS	-0.130x
Novartis AG SW:NOVN	0.092x
Thermo Fisher Scientific Inc NYSE:TMO	0.044x
American Express Company NYSE:AXP	0.112x
Citigroup Inc. NYSE:C	-0.103x

Annual Cash Flow Conversion Efficiency for BHP Group Ltd (1988–2025)

The table below shows the annual cash flow conversion efficiency of BHP Group Ltd from 1988 to 2025. For the full company profile with market capitalisation and key ratios, see how much is BHP Group Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$52.22 Billion ≈ $36.95 Billion	AU$18.69 Billion ≈ $13.23 Billion	0.358x	-14.91%
2024-06-30	AU$49.12 Billion ≈ $34.76 Billion	AU$20.66 Billion ≈ $14.62 Billion	0.421x	+9.17%
2023-06-30	AU$48.53 Billion ≈ $34.34 Billion	AU$18.70 Billion ≈ $13.23 Billion	0.385x	-41.59%
2022-06-30	AU$48.77 Billion ≈ $34.51 Billion	AU$32.17 Billion ≈ $22.77 Billion	0.660x	+34.71%
2021-06-30	AU$55.60 Billion ≈ $39.34 Billion	AU$27.23 Billion ≈ $19.27 Billion	0.490x	+62.70%
2020-06-30	AU$52.17 Billion ≈ $36.92 Billion	AU$15.71 Billion ≈ $11.11 Billion	0.301x	-12.71%
2019-06-30	AU$51.82 Billion ≈ $36.67 Billion	AU$17.87 Billion ≈ $12.64 Billion	0.345x	+13.33%
2018-06-30	AU$60.67 Billion ≈ $42.93 Billion	AU$18.46 Billion ≈ $13.06 Billion	0.304x	+13.58%
2017-06-30	AU$62.73 Billion ≈ $44.38 Billion	AU$16.80 Billion ≈ $11.89 Billion	0.268x	+51.46%
2016-06-30	AU$60.07 Billion ≈ $42.50 Billion	AU$10.62 Billion ≈ $7.52 Billion	0.177x	-35.34%
2015-06-30	AU$70.55 Billion ≈ $49.92 Billion	AU$19.30 Billion ≈ $13.65 Billion	0.274x	-7.92%
2014-06-30	AU$85.38 Billion ≈ $60.41 Billion	AU$25.36 Billion ≈ $17.95 Billion	0.297x	+9.40%
2013-06-30	AU$74.22 Billion ≈ $52.52 Billion	AU$20.15 Billion ≈ $14.26 Billion	0.272x	-27.88%
2012-06-30	AU$67.08 Billion ≈ $47.47 Billion	AU$25.26 Billion ≈ $17.87 Billion	0.377x	-27.71%
2011-06-30	AU$57.76 Billion ≈ $40.87 Billion	AU$30.08 Billion ≈ $21.28 Billion	0.521x	+43.37%
2010-06-30	AU$49.33 Billion ≈ $34.90 Billion	AU$17.92 Billion ≈ $12.68 Billion	0.363x	-21.60%
2009-06-30	AU$40.71 Billion ≈ $28.81 Billion	AU$18.86 Billion ≈ $13.35 Billion	0.463x	-0.38%
2008-06-30	AU$39.04 Billion ≈ $27.63 Billion	AU$18.16 Billion ≈ $12.85 Billion	0.465x	-10.77%
2007-06-30	AU$29.92 Billion ≈ $21.17 Billion	AU$15.60 Billion ≈ $11.03 Billion	0.521x	+21.68%
2006-06-30	AU$24.45 Billion ≈ $17.30 Billion	AU$10.48 Billion ≈ $7.41 Billion	0.428x	+17.17%
2005-06-30	AU$22.00 Billion ≈ $15.57 Billion	AU$8.04 Billion ≈ $5.69 Billion	0.366x	+50.29%
2004-06-30	AU$19.16 Billion ≈ $13.55 Billion	AU$4.66 Billion ≈ $3.30 Billion	0.243x	+29.33%
2003-06-30	AU$17.16 Billion ≈ $12.14 Billion	AU$3.23 Billion ≈ $2.28 Billion	0.188x	-39.42%
2002-06-30	AU$12.68 Billion ≈ $8.97 Billion	AU$3.94 Billion ≈ $2.79 Billion	0.311x	-30.22%
2001-06-30	AU$5.74 Billion ≈ $4.06 Billion	AU$2.55 Billion ≈ $1.81 Billion	0.445x	+24.38%
2000-06-30	AU$6.57 Billion ≈ $4.65 Billion	AU$2.35 Billion ≈ $1.66 Billion	0.358x	-6.56%
1999-06-30	AU$6.11 Billion ≈ $4.32 Billion	AU$2.34 Billion ≈ $1.66 Billion	0.383x	+33.51%
1998-06-30	AU$7.77 Billion ≈ $5.50 Billion	AU$2.23 Billion ≈ $1.58 Billion	0.287x	+16.37%
1997-06-30	AU$12.37 Billion ≈ $8.75 Billion	AU$3.05 Billion ≈ $2.16 Billion	0.246x	+17.42%
1996-06-30	AU$12.57 Billion ≈ $8.90 Billion	AU$2.64 Billion ≈ $1.87 Billion	0.210x	-24.01%
1995-06-30	AU$10.63 Billion ≈ $7.52 Billion	AU$2.94 Billion ≈ $2.08 Billion	0.276x	+5.89%
1994-06-30	AU$9.53 Billion ≈ $6.74 Billion	AU$2.49 Billion ≈ $1.76 Billion	0.261x	+9.76%
1993-06-30	AU$7.72 Billion ≈ $5.46 Billion	AU$1.83 Billion ≈ $1.30 Billion	0.238x	-35.27%
1992-06-30	AU$6.36 Billion ≈ $4.50 Billion	AU$2.34 Billion ≈ $1.65 Billion	0.367x	+78.89%
1991-06-30	AU$5.28 Billion ≈ $3.73 Billion	AU$1.08 Billion ≈ $766.29 Million	0.205x	+41.82%
1990-06-30	AU$5.85 Billion ≈ $4.14 Billion	AU$846.50 Million ≈ $598.95 Million	0.145x	-6.18%
1989-06-30	AU$5.38 Billion ≈ $3.81 Billion	AU$830.50 Million ≈ $587.63 Million	0.154x	-3.51%
1988-06-30	AU$4.72 Billion ≈ $3.34 Billion	AU$754.00 Million ≈ $533.50 Million	0.160x	--

About BHP Group Ltd

AU:BHP Australia Other Industrial Metals & Mining

Market Cap

$216.81 Billion

AU$306.42 Billion AUD

Market Cap Rank

#85 Global

#2 in Australia

Share Price

AU$60.31

Change (1 day)

+1.96%

52-Week Range

AU$39.59 - AU$65.59

All Time High

AU$65.59