BHP Group Ltd (BHP) — Cash Flow Reinvestment Rate
BHP Group Ltd (BHP) has a Cash Flow Reinvestment Rate of 0.54x as of December 2025, reinvesting AU$5.16 Billion (capex AU$5.16 Billion ) from operating cash flow of AU$9.54 Billion. Check BHP Group Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
BHP Group Ltd Cash Flow Reinvestment Rate (1988–2025)
Historical reinvestment intensity for BHP Group Ltd across 38 annual periods. Explore BHP Group Ltd (BHP) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for BHP Group Ltd (1988–2025)
Year-by-year capital reinvestment analysis for BHP Group Ltd. For live market cap and broader valuation context, see BHP market cap.
| Year | Reinvestment Rate | Total Reinvested (AUD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.22x | AU$22.75 Billion | AU$18.69 Billion | AU$9.40 Billion | ▲ +43.1% |
| 2024 | 0.85x | AU$17.58 Billion | AU$20.66 Billion | AU$8.82 Billion | ▼ -21.0% |
| 2023 | 1.08x | AU$20.15 Billion | AU$18.70 Billion | AU$7.08 Billion | ▲ +443.6% |
| 2022 | 0.20x | AU$6.38 Billion | AU$32.17 Billion | AU$6.11 Billion | ▼ -15.4% |
| 2021 | 0.23x | AU$6.38 Billion | AU$27.23 Billion | AU$5.80 Billion | ▼ -55.4% |
| 2020 | 0.53x | AU$8.26 Billion | AU$15.71 Billion | AU$7.64 Billion | ▲ +21.2% |
| 2019 | 0.43x | AU$7.75 Billion | AU$17.87 Billion | AU$7.12 Billion | ▲ +54.5% |
| 2018 | 0.28x | AU$5.18 Billion | AU$18.46 Billion | AU$4.98 Billion | ▲ +5.2% |
| 2017 | 0.27x | AU$4.49 Billion | AU$16.80 Billion | AU$4.25 Billion | ▼ -80.0% |
| 2016 | 1.34x | AU$14.19 Billion | AU$10.62 Billion | AU$6.95 Billion | ▲ +111.9% |
| 2015 | 0.63x | AU$12.16 Billion | AU$19.30 Billion | AU$12.04 Billion | ▼ -1.6% |
| 2014 | 0.64x | AU$16.24 Billion | AU$25.36 Billion | AU$16.21 Billion | ▼ -42.5% |
| 2013 | 1.11x | AU$22.43 Billion | AU$20.15 Billion | AU$22.43 Billion | ▲ +33.0% |
| 2012 | 0.84x | AU$21.13 Billion | AU$25.26 Billion | AU$21.13 Billion | ▲ +116.6% |
| 2011 | 0.39x | AU$11.62 Billion | AU$30.08 Billion | AU$11.62 Billion | ▼ -35.6% |
| 2010 | 0.60x | AU$10.74 Billion | AU$17.92 Billion | AU$10.74 Billion | ▲ +4.0% |
| 2009 | 0.58x | AU$10.88 Billion | AU$18.86 Billion | AU$10.88 Billion | ▲ +17.3% |
| 2008 | 0.49x | AU$8.92 Billion | AU$18.16 Billion | AU$8.92 Billion | ▲ +6.8% |
| 2007 | 0.46x | AU$7.18 Billion | AU$15.60 Billion | AU$7.18 Billion | ▼ -19.7% |
| 2006 | 0.57x | AU$6.00 Billion | AU$10.48 Billion | AU$6.00 Billion | ▲ +37.7% |
| 2005 | 0.42x | AU$3.35 Billion | AU$8.04 Billion | AU$3.35 Billion | ▼ -13.6% |
| 2004 | 0.48x | AU$2.25 Billion | AU$4.66 Billion | AU$2.25 Billion | ▼ -35.8% |
| 2003 | 0.75x | AU$2.42 Billion | AU$3.23 Billion | AU$2.42 Billion | ▲ +2.9% |
| 2002 | 0.73x | AU$2.87 Billion | AU$3.94 Billion | AU$2.87 Billion | ▲ +85.6% |
| 2001 | 0.39x | AU$1.00 Billion | AU$2.55 Billion | AU$1.00 Billion | ▲ +40.4% |
| 2000 | 0.28x | AU$658.00 Million | AU$2.35 Billion | AU$658.00 Million | ▼ -61.5% |
| 1999 | 0.73x | AU$1.70 Billion | AU$2.34 Billion | AU$1.70 Billion | ▼ -31.5% |
| 1998 | 1.06x | AU$2.37 Billion | AU$2.23 Billion | AU$2.37 Billion | ▲ +4.5% |
| 1997 | 1.02x | AU$3.10 Billion | AU$3.05 Billion | AU$3.10 Billion | ▼ -7.6% |
| 1996 | 1.10x | AU$2.90 Billion | AU$2.64 Billion | AU$2.90 Billion | ▲ +54.1% |
| 1995 | 0.71x | AU$2.09 Billion | AU$2.94 Billion | AU$2.09 Billion | ▼ -0.8% |
| 1994 | 0.72x | AU$1.79 Billion | AU$2.49 Billion | AU$1.79 Billion | ▲ +4.1% |
| 1993 | 0.69x | AU$1.27 Billion | AU$1.83 Billion | AU$1.27 Billion | ▼ -24.8% |
| 1992 | 0.92x | AU$2.15 Billion | AU$2.34 Billion | AU$2.15 Billion | — |
| 1991 | 0.00x | AU$0.00 | AU$1.08 Billion | AU$0.00 | — |
| 1990 | 0.00x | AU$0.00 | AU$846.50 Million | AU$0.00 | — |
| 1989 | 0.00x | AU$0.00 | AU$830.50 Million | AU$0.00 | — |
| 1988 | 0.00x | AU$0.00 | AU$754.00 Million | AU$0.00 | — |