BHP Group Limited (BHP) - Net Assets
Based on the latest financial reports, BHP Group Limited (BHP) has net assets worth GBX55.50 Billion GBX (≈ $6.75 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX116.09 Billion ≈ $14.12 Million USD) and total liabilities (GBX60.59 Billion ≈ $7.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of BHP Group Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX55.50 Billion |
| % of Total Assets | 47.81% |
| Annual Growth Rate | 6.07% |
| 5-Year Change | -6.09% |
| 10-Year Change | -13.07% |
| Growth Volatility | 23.75 |
BHP Group Limited - Net Assets Trend (1987–2025)
This chart illustrates how BHP Group Limited's net assets have evolved over time, based on quarterly financial data. See BHP Group Limited (BHP) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for BHP Group Limited (1987–2025)
The table below shows the annual net assets of BHP Group Limited from 1987 to 2025. For live valuation and market cap data, see market value of BHP Group Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX52.22 Billion ≈ $6.35 Million |
+6.31% |
| 2024-06-30 | GBX49.12 Billion ≈ $5.98 Million |
+1.22% |
| 2023-06-30 | GBX48.53 Billion ≈ $5.90 Million |
-0.48% |
| 2022-06-30 | GBX48.77 Billion ≈ $5.93 Million |
-12.30% |
| 2021-06-30 | GBX55.60 Billion ≈ $6.77 Million |
+6.57% |
| 2020-06-30 | GBX52.17 Billion ≈ $6.35 Million |
+0.68% |
| 2019-06-30 | GBX51.82 Billion ≈ $6.31 Million |
-14.58% |
| 2018-06-30 | GBX60.67 Billion ≈ $7.38 Million |
-3.28% |
| 2017-06-30 | GBX62.73 Billion ≈ $7.63 Million |
+4.42% |
| 2016-06-30 | GBX60.07 Billion ≈ $7.31 Million |
-14.85% |
| 2015-06-30 | GBX70.55 Billion ≈ $8.58 Million |
-17.38% |
| 2014-06-30 | GBX85.38 Billion ≈ $10.39 Million |
+15.04% |
| 2013-06-30 | GBX74.22 Billion ≈ $9.03 Million |
+10.64% |
| 2012-06-30 | GBX67.08 Billion ≈ $8.16 Million |
+16.15% |
| 2011-06-30 | GBX57.76 Billion ≈ $7.03 Million |
+17.08% |
| 2010-06-30 | GBX49.33 Billion ≈ $6.00 Million |
+21.17% |
| 2009-06-30 | GBX40.71 Billion ≈ $4.95 Million |
+4.27% |
| 2008-06-30 | GBX39.04 Billion ≈ $4.75 Million |
+30.50% |
| 2007-06-30 | GBX29.92 Billion ≈ $3.64 Million |
+22.34% |
| 2006-06-30 | GBX24.45 Billion ≈ $2.98 Million |
+11.14% |
| 2005-06-30 | GBX22.00 Billion ≈ $2.68 Million |
+14.87% |
| 2004-06-30 | GBX19.16 Billion ≈ $2.33 Million |
+11.62% |
| 2003-06-30 | GBX17.16 Billion ≈ $2.09 Million |
+35.32% |
| 2002-06-30 | GBX12.68 Billion ≈ $1.54 Million |
+8.21% |
| 2001-06-30 | GBX11.72 Billion ≈ $1.43 Million |
+118.20% |
| 2000-06-30 | GBX5.37 Billion ≈ $653.54K |
-12.10% |
| 1999-05-31 | GBX6.11 Billion ≈ $743.53K |
-21.33% |
| 1998-05-31 | GBX7.77 Billion ≈ $945.14K |
-37.21% |
| 1997-05-31 | GBX12.37 Billion ≈ $1.51 Million |
-1.61% |
| 1996-05-31 | GBX12.57 Billion ≈ $1.53 Million |
+18.30% |
| 1995-05-31 | GBX10.63 Billion ≈ $1.29 Million |
+11.53% |
| 1994-05-31 | GBX9.53 Billion ≈ $1.16 Million |
+23.46% |
| 1993-05-31 | GBX7.72 Billion ≈ $939.15K |
+21.33% |
| 1992-05-31 | GBX6.36 Billion ≈ $774.07K |
+20.57% |
| 1991-05-31 | GBX5.28 Billion ≈ $642.00K |
-9.79% |
| 1990-05-31 | GBX5.85 Billion ≈ $711.64K |
+8.64% |
| 1989-05-31 | GBX5.38 Billion ≈ $655.06K |
+14.15% |
| 1988-05-31 | GBX4.72 Billion ≈ $573.87K |
-14.91% |
| 1987-05-31 | GBX5.54 Billion ≈ $674.43K |
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Equity Component Analysis
This analysis shows how different components contribute to BHP Group Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 940.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX42.67 Billion | 92.30% |
| Common Stock | GBX5.01 Billion | 10.85% |
| Other Comprehensive Income | GBX-1.63 Billion | -3.52% |
| Other Components | GBX170.00 Million | 0.37% |
| Total Equity | GBX46.23 Billion | 100.00% |
BHP Group Limited Competitors by Market Cap
The table below lists competitors of BHP Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlas Energy Solutions Inc.
NYSE:AESI
|
$2.07 Billion |
|
Slide Insurance Holdings, Inc. Common Stock
NASDAQ:SLDE
|
$2.08 Billion |
|
Alliance Financial Group Bhd
KLSE:2488
|
$2.08 Billion |
|
AvidXchange Holdings Inc
NASDAQ:AVDX
|
$2.08 Billion |
|
Alupar Investimento SA
SA:ALUP11
|
$2.07 Billion |
|
Grupo Profuturo S.A.B. de C.V
MX:GPROFUT
|
$2.07 Billion |
|
Extreme Networks Inc
NASDAQ:EXTR
|
$2.07 Billion |
|
CoCreation Grass Co Ltd
SHG:605099
|
$2.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BHP Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 44,811,000,000 to 46,228,000,000, a change of 1,417,000,000 (3.2%).
- Net income of 9,019,000,000 contributed positively to equity growth.
- Dividend payments of 6,403,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 9,000,000.
- Other factors decreased equity by 1,190,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX9.02 Billion | +19.51% |
| Dividends Paid | GBX6.40 Billion | -13.85% |
| Other Comprehensive Income | GBX-9.00 Million | -0.02% |
| Other Changes | GBX-1.19 Billion | -2.57% |
| Total Change | GBX- | 3.16% |
Book Value vs Market Value Analysis
This analysis compares BHP Group Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 369.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2214.10x to 369.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-05-31 | GBX1.52 | GBX3356.00 | x |
| 1988-05-31 | GBX1.47 | GBX3356.00 | x |
| 1989-05-31 | GBX1.70 | GBX3356.00 | x |
| 1990-05-31 | GBX1.94 | GBX3356.00 | x |
| 1991-05-31 | GBX1.71 | GBX3356.00 | x |
| 1992-05-31 | GBX2.53 | GBX3356.00 | x |
| 1993-05-31 | GBX2.30 | GBX3356.00 | x |
| 1994-05-31 | GBX2.72 | GBX3356.00 | x |
| 1995-05-31 | GBX2.67 | GBX3356.00 | x |
| 1996-05-31 | GBX2.92 | GBX3356.00 | x |
| 1997-05-31 | GBX2.66 | GBX3356.00 | x |
| 1998-05-31 | GBX2.07 | GBX3356.00 | x |
| 1999-05-31 | GBX1.57 | GBX3356.00 | x |
| 2000-06-30 | GBX2.93 | GBX3356.00 | x |
| 2001-06-30 | GBX6.38 | GBX3356.00 | x |
| 2002-06-30 | GBX4.20 | GBX3356.00 | x |
| 2003-06-30 | GBX2.71 | GBX3356.00 | x |
| 2004-06-30 | GBX3.01 | GBX3356.00 | x |
| 2005-06-30 | GBX3.52 | GBX3356.00 | x |
| 2006-06-30 | GBX3.99 | GBX3356.00 | x |
| 2007-06-30 | GBX5.06 | GBX3356.00 | x |
| 2008-06-30 | GBX6.84 | GBX3356.00 | x |
| 2009-06-30 | GBX7.14 | GBX3356.00 | x |
| 2010-06-30 | GBX8.67 | GBX3356.00 | x |
| 2011-06-30 | GBX10.25 | GBX3356.00 | x |
| 2012-06-30 | GBX12.32 | GBX3356.00 | x |
| 2013-06-30 | GBX12.97 | GBX3356.00 | x |
| 2014-06-30 | GBX14.82 | GBX3356.00 | x |
| 2015-06-30 | GBX12.14 | GBX3356.00 | x |
| 2016-06-30 | GBX9.96 | GBX3356.00 | x |
| 2017-06-30 | GBX10.49 | GBX3356.00 | x |
| 2018-06-30 | GBX10.18 | GBX3356.00 | x |
| 2019-06-30 | GBX9.10 | GBX3356.00 | x |
| 2020-06-30 | GBX9.44 | GBX3356.00 | x |
| 2021-06-30 | GBX10.12 | GBX3356.00 | x |
| 2022-06-30 | GBX8.87 | GBX3356.00 | x |
| 2023-06-30 | GBX8.77 | GBX3356.00 | x |
| 2024-06-30 | GBX8.83 | GBX3356.00 | x |
| 2025-06-30 | GBX9.09 | GBX3356.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BHP Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.59%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.35x
- Recent ROE (19.51%) is above the historical average (16.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 10.54% | 9.36% | 0.50x | 2.25x | GBX29.79 Million |
| 1988 | 15.99% | 9.53% | 0.51x | 3.26x | GBX282.34 Million |
| 1989 | 16.49% | 10.53% | 0.52x | 2.99x | GBX326.92 Million |
| 1990 | 14.47% | 8.22% | 0.62x | 2.84x | GBX261.61 Million |
| 1991 | 20.52% | 9.12% | 0.69x | 3.27x | GBX555.35 Million |
| 1992 | 6.13% | 3.57% | 0.61x | 2.81x | GBX-246.20 Million |
| 1993 | 13.47% | 7.50% | 0.61x | 2.96x | GBX211.27 Million |
| 1994 | 12.61% | 7.76% | 0.60x | 2.72x | GBX196.11 Million |
| 1995 | 10.25% | 6.58% | 0.61x | 2.55x | GBX20.91 Million |
| 1996 | 8.62% | 5.47% | 0.55x | 2.89x | GBX-133.30 Million |
| 1997 | 3.27% | 1.96% | 0.57x | 2.91x | GBX-643.70 Million |
| 1998 | -12.73% | -6.96% | 0.57x | 3.18x | GBX-1.65 Billion |
| 1999 | -26.74% | -12.02% | 0.61x | 3.62x | GBX-2.07 Billion |
| 2000 | 7.45% | 3.12% | 1.42x | 1.68x | GBX-137.13 Million |
| 2001 | 7.53% | 7.69% | 0.41x | 2.39x | GBX-290.00 Million |
| 2002 | 9.85% | 8.50% | 0.50x | 2.33x | GBX-19.20 Million |
| 2003 | 9.39% | 10.13% | 0.45x | 2.08x | GBX-102.20 Million |
| 2004 | 14.45% | 11.87% | 0.62x | 1.95x | GBX835.80 Million |
| 2005 | 29.49% | 21.59% | 0.62x | 2.20x | GBX4.22 Billion |
| 2006 | 43.15% | 32.50% | 0.66x | 2.00x | GBX8.03 Billion |
| 2007 | 45.22% | 33.97% | 0.68x | 1.96x | GBX10.45 Billion |
| 2008 | 40.15% | 25.88% | 0.78x | 1.98x | GBX11.56 Billion |
| 2009 | 14.71% | 11.70% | 0.64x | 1.97x | GBX1.88 Billion |
| 2010 | 26.22% | 24.10% | 0.59x | 1.83x | GBX7.87 Billion |
| 2011 | 41.66% | 32.96% | 0.70x | 1.81x | GBX17.97 Billion |
| 2012 | 23.41% | 21.35% | 0.56x | 1.96x | GBX8.83 Billion |
| 2013 | 16.21% | 17.01% | 0.48x | 1.99x | GBX4.30 Billion |
| 2014 | 17.48% | 24.37% | 0.37x | 1.91x | GBX5.92 Billion |
| 2015 | 2.95% | 4.28% | 0.36x | 1.92x | GBX-4.57 Billion |
| 2016 | -12.05% | -20.66% | 0.26x | 2.24x | GBX-11.69 Billion |
| 2017 | 10.52% | 16.39% | 0.31x | 2.09x | GBX293.00 Million |
| 2018 | 6.82% | 8.49% | 0.39x | 2.06x | GBX-1.73 Billion |
| 2019 | 17.58% | 18.75% | 0.44x | 2.14x | GBX3.58 Billion |
| 2020 | 16.62% | 18.53% | 0.41x | 2.21x | GBX3.17 Billion |
| 2021 | 22.05% | 19.86% | 0.52x | 2.12x | GBX6.18 Billion |
| 2022 | 68.73% | 47.47% | 0.68x | 2.12x | GBX26.40 Billion |
| 2023 | 29.04% | 24.01% | 0.53x | 2.28x | GBX8.47 Billion |
| 2024 | 17.62% | 14.09% | 0.55x | 2.28x | GBX3.42 Billion |
| 2025 | 19.51% | 17.59% | 0.47x | 2.35x | GBX4.40 Billion |
Industry Comparison
This section compares BHP Group Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,199,690,859
- Average return on equity (ROE) among peers: -21.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BHP Group Limited (BHP) | GBX55.50 Billion | 10.54% | 1.09x | $2.07 Billion |
| First Tin PLC (1SN) | $787.92K | -111.12% | 3.11x | $758.19K |
| Anglo American PLC (AAL) | $21.76 Billion | 23.97% | 1.29x | $532.95 Million |
| ACG Acquisition Co. Ltd. (ACG) | $3.51 Million | -77.72% | 0.31x | $4.83 Million |
| Adriatic Metals (ADT1) | $152.42 Million | -9.03% | 0.16x | $13.45 Million |
| Alba Mineral Resources (ALBA) | $2.55 Million | -11.42% | 0.13x | $50.80K |
| Arc Minerals Limited (ARCM) | $18.30 Million | -10.86% | 0.01x | $123.34K |
| AfriTin Mining Ltd (ATM) | $35.67 Million | -21.74% | 0.33x | $903.42K |
| Anglesey Mining (AYM) | $0.00 | 0.00% | 0.00x | $40.22K |
| Beowulf Mining (BEM) | $11.02 Million | -2.42% | 0.03x | $60.33K |
| Bradda Head Holdings Ltd (BHL) | $16.66 Million | 6.53% | 0.01x | $142.58K |
About BHP Group Limited
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It also engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal. In addition, the comp… Read more