BHP Group Ltd (BHP) — Financial Flexibility Index
BHP Group Ltd (BHP) has a Financial Flexibility Index of 0.24x as of December 2025. Free cash flow of AU$14.71 Billion (operating CF AU$9.54 Billion minus capex AU$5.16 Billion) represents 0% of total liabilities (AU$60.59 Billion). Check BHP Group Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
BHP Group Ltd Financial Flexibility Index (1988–2025)
Historical Financial Flexibility Index trend for BHP Group Ltd across 38 annual periods. See BHP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for BHP Group Ltd (1988–2025)
Year-by-year free cash flow to debt coverage for BHP Group Ltd. For the full company profile including market capitalisation, see BHP market cap.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.50x | AU$28.09 Billion | AU$18.69 Billion | AU$56.57 Billion | ▼ -10.3% |
| 2024 | 0.55x | AU$29.48 Billion | AU$20.66 Billion | AU$53.24 Billion | ▲ +13.3% |
| 2023 | 0.49x | AU$25.78 Billion | AU$18.70 Billion | AU$52.77 Billion | ▼ -40.8% |
| 2022 | 0.83x | AU$38.28 Billion | AU$32.17 Billion | AU$46.40 Billion | ▲ +33.2% |
| 2021 | 0.62x | AU$33.04 Billion | AU$27.23 Billion | AU$53.32 Billion | ▲ +42.1% |
| 2020 | 0.44x | AU$23.35 Billion | AU$15.71 Billion | AU$53.56 Billion | ▼ -14.5% |
| 2019 | 0.51x | AU$24.99 Billion | AU$17.87 Billion | AU$49.04 Billion | ▲ +11.6% |
| 2018 | 0.46x | AU$23.44 Billion | AU$18.46 Billion | AU$51.32 Billion | ▲ +17.7% |
| 2017 | 0.39x | AU$21.06 Billion | AU$16.80 Billion | AU$54.28 Billion | ▲ +30.0% |
| 2016 | 0.30x | AU$17.57 Billion | AU$10.62 Billion | AU$58.88 Billion | ▼ -48.6% |
| 2015 | 0.58x | AU$31.34 Billion | AU$19.30 Billion | AU$54.03 Billion | ▼ -7.9% |
| 2014 | 0.63x | AU$41.57 Billion | AU$25.36 Billion | AU$66.03 Billion | ▼ -5.5% |
| 2013 | 0.67x | AU$42.58 Billion | AU$20.15 Billion | AU$63.89 Billion | ▼ -10.7% |
| 2012 | 0.75x | AU$46.39 Billion | AU$25.26 Billion | AU$62.19 Billion | ▼ -19.3% |
| 2011 | 0.92x | AU$41.70 Billion | AU$30.08 Billion | AU$45.14 Billion | ▲ +27.4% |
| 2010 | 0.73x | AU$28.66 Billion | AU$17.92 Billion | AU$39.52 Billion | ▼ -7.2% |
| 2009 | 0.78x | AU$29.74 Billion | AU$18.86 Billion | AU$38.06 Billion | ▲ +6.3% |
| 2008 | 0.74x | AU$27.08 Billion | AU$18.16 Billion | AU$36.85 Billion | ▼ -8.8% |
| 2007 | 0.81x | AU$22.77 Billion | AU$15.60 Billion | AU$28.25 Billion | ▲ +17.7% |
| 2006 | 0.68x | AU$16.48 Billion | AU$10.48 Billion | AU$24.06 Billion | ▲ +54.1% |
| 2005 | 0.44x | AU$11.39 Billion | AU$8.04 Billion | AU$25.64 Billion | ▲ +12.7% |
| 2004 | 0.39x | AU$6.91 Billion | AU$4.66 Billion | AU$17.52 Billion | ▲ +24.5% |
| 2003 | 0.32x | AU$5.65 Billion | AU$3.23 Billion | AU$17.84 Billion | ▼ -21.5% |
| 2002 | 0.40x | AU$6.81 Billion | AU$3.94 Billion | AU$16.87 Billion | ▲ +3.9% |
| 2001 | 0.39x | AU$3.56 Billion | AU$2.55 Billion | AU$9.15 Billion | ▲ +41.4% |
| 2000 | 0.27x | AU$3.01 Billion | AU$2.35 Billion | AU$10.95 Billion | ▼ -2.5% |
| 1999 | 0.28x | AU$4.04 Billion | AU$2.34 Billion | AU$14.34 Billion | ▼ -6.0% |
| 1998 | 0.30x | AU$4.59 Billion | AU$2.23 Billion | AU$15.32 Billion | ▼ -24.7% |
| 1997 | 0.40x | AU$6.15 Billion | AU$3.05 Billion | AU$15.44 Billion | ▲ +10.9% |
| 1996 | 0.36x | AU$5.54 Billion | AU$2.64 Billion | AU$15.43 Billion | ▼ -20.7% |
| 1995 | 0.45x | AU$5.03 Billion | AU$2.94 Billion | AU$11.11 Billion | ▲ +15.6% |
| 1994 | 0.39x | AU$4.27 Billion | AU$2.49 Billion | AU$10.91 Billion | ▲ +29.9% |
| 1993 | 0.30x | AU$3.10 Billion | AU$1.83 Billion | AU$10.29 Billion | ▼ -22.7% |
| 1992 | 0.39x | AU$4.48 Billion | AU$2.34 Billion | AU$11.49 Billion | ▲ +332.4% |
| 1991 | 0.09x | AU$1.08 Billion | AU$1.08 Billion | AU$12.00 Billion | ▲ +14.6% |
| 1990 | 0.08x | AU$846.50 Million | AU$846.50 Million | AU$10.75 Billion | ▼ -8.5% |
| 1989 | 0.09x | AU$830.50 Million | AU$830.50 Million | AU$9.65 Billion | ▲ +21.8% |
| 1988 | 0.07x | AU$754.00 Million | AU$754.00 Million | AU$10.67 Billion | — |