BHP Group Ltd (BHP) — Cash Flow Reinvestment Rate
Latest as of December 2025:
0.54x
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. See BHP Group Ltd free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
0.54x
(Capex + Investments) / Operating CF
Total Reinvested
AU$5.16 Billion
Capex + Investments
Operating Cash Flow
AU$9.54 Billion
AUD
Capital Expenditures
AU$5.16 Billion
AUD
BHP Group Ltd Cash Flow Reinvestment Rate (1988–2025)
Historical reinvestment intensity for BHP Group Ltd across 38 annual periods. For the full cash flow conversion analysis, see BHP cash flow conversion.
Annual Cash Flow Reinvestment Rate for BHP Group Ltd (1988–2025)
Year-by-year capital reinvestment analysis for BHP Group Ltd. See financial agility of BHP Group Ltd to measure the company's free cash flow as a share of total liabilities.
| 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 | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow