BHP Group Limited (BHP) — Tangible Net Worth Ratio
BHP Group Limited (BHP) has a Tangible Net Worth Ratio of 96.4% as of December 2025. This metric is calculated by deducting intangible assets (GBX2.01 Billion) from net assets (GBX55.50 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See BHP Group Limited (BHP) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
BHP Group Limited Tangible Net Worth Ratio (1987–2025)
This chart shows how BHP Group Limited's Tangible Net Worth Ratio has changed across 39 annual periods from 1987 to 2025. As of December 2025, the ratio stands at 96.4%, reflecting net assets of GBX55.50 Billion with intangible assets of GBX2.01 Billion GBX. Also explore BHP Group Limited equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for BHP Group Limited (1987–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for BHP Group Limited from 1987 to 2025, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of BHP Group Limited.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.9% | GBX52.22 Billion | GBX583.00 Million | GBX108.79 Billion | ▼ -0.3 pp |
| 2024 | 99.2% | GBX49.12 Billion | GBX377.00 Million | GBX102.36 Billion | ▲ +2.6 pp |
| 2023 | 96.7% | GBX48.53 Billion | GBX1.61 Billion | GBX101.30 Billion | ▼ -0.5 pp |
| 2022 | 97.2% | GBX48.77 Billion | GBX1.37 Billion | GBX95.17 Billion | ▼ -0.2 pp |
| 2021 | 97.4% | GBX55.60 Billion | GBX1.44 Billion | GBX108.93 Billion | ▲ +0.4 pp |
| 2020 | 97.0% | GBX52.17 Billion | GBX1.57 Billion | GBX105.73 Billion | ▼ -1.7 pp |
| 2019 | 98.7% | GBX51.82 Billion | GBX675.00 Million | GBX100.86 Billion | ▼ -0.4 pp |
| 2018 | 99.1% | GBX60.67 Billion | GBX531.00 Million | GBX111.99 Billion | ▲ +0.2 pp |
| 2017 | 98.9% | GBX62.73 Billion | GBX699.00 Million | GBX117.01 Billion | ▲ +0.3 pp |
| 2016 | 98.6% | GBX60.07 Billion | GBX846.00 Million | GBX118.95 Billion | ▲ +0.0 pp |
| 2015 | 98.6% | GBX70.55 Billion | GBX1.02 Billion | GBX124.58 Billion | ▲ +0.2 pp |
| 2014 | 98.4% | GBX85.38 Billion | GBX1.41 Billion | GBX151.41 Billion | ▲ +0.2 pp |
| 2013 | 98.1% | GBX74.22 Billion | GBX1.39 Billion | GBX138.11 Billion | ▼ -0.4 pp |
| 2012 | 98.5% | GBX67.08 Billion | GBX1.01 Billion | GBX129.27 Billion | ▼ -0.6 pp |
| 2011 | 99.1% | GBX57.76 Billion | GBX534.00 Million | GBX102.89 Billion | ▼ -0.3 pp |
| 2010 | 99.4% | GBX49.33 Billion | GBX317.00 Million | GBX88.85 Billion | ▲ +0.0 pp |
| 2009 | 99.4% | GBX40.71 Billion | GBX263.00 Million | GBX78.77 Billion | ▼ -0.2 pp |
| 2008 | 99.5% | GBX39.04 Billion | GBX183.00 Million | GBX75.89 Billion | ▲ +1.6 pp |
| 2007 | 97.9% | GBX29.92 Billion | GBX615.00 Million | GBX58.17 Billion | ▲ +0.7 pp |
| 2006 | 97.2% | GBX24.45 Billion | GBX683.00 Million | GBX48.52 Billion | ▼ -2.6 pp |
| 2005 | 99.8% | GBX22.00 Billion | GBX49.00 Million | GBX47.65 Billion | ▲ +0.1 pp |
| 2004 | 99.7% | GBX19.16 Billion | GBX54.00 Million | GBX36.67 Billion | ▲ +0.0 pp |
| 2003 | 99.7% | GBX17.16 Billion | GBX56.00 Million | GBX35.00 Billion | ▼ -0.3 pp |
| 2002 | 99.9% | GBX12.68 Billion | GBX9.05 Million | GBX29.55 Billion | ▲ +0.4 pp |
| 2001 | 99.5% | GBX11.72 Billion | GBX59.00 Million | GBX28.03 Billion | ▼ -1.9 pp |
| 2000 | 101.4% | GBX5.37 Billion | GBX-75.01 Million | GBX9.04 Billion | ▲ +3.3 pp |
| 1999 | 98.1% | GBX6.11 Billion | GBX114.00 Million | GBX20.45 Billion | ▲ +1.3 pp |
| 1998 | 96.9% | GBX7.77 Billion | GBX244.00 Million | GBX23.09 Billion | ▼ -0.7 pp |
| 1997 | 97.6% | GBX12.37 Billion | GBX298.00 Million | GBX27.81 Billion | ▲ +0.1 pp |
| 1996 | 97.5% | GBX12.57 Billion | GBX314.60 Million | GBX28.00 Billion | ▼ -0.4 pp |
| 1995 | 97.9% | GBX10.63 Billion | GBX225.40 Million | GBX21.74 Billion | ▲ +0.4 pp |
| 1994 | 97.5% | GBX9.53 Billion | GBX237.40 Million | GBX20.44 Billion | ▲ +0.7 pp |
| 1993 | 96.9% | GBX7.72 Billion | GBX242.80 Million | GBX18.01 Billion | ▲ +0.8 pp |
| 1992 | 96.1% | GBX6.36 Billion | GBX251.00 Million | GBX17.85 Billion | ▲ +0.0 pp |
| 1991 | 96.0% | GBX5.28 Billion | GBX210.00 Million | GBX17.28 Billion | ▼ -1.3 pp |
| 1990 | 97.3% | GBX5.85 Billion | GBX159.60 Million | GBX16.60 Billion | ▲ +0.4 pp |
| 1989 | 96.9% | GBX5.38 Billion | GBX168.30 Million | GBX15.04 Billion | ▼ -0.3 pp |
| 1988 | 97.1% | GBX4.72 Billion | GBX134.50 Million | GBX15.39 Billion | ▼ -0.7 pp |
| 1987 | 97.8% | GBX5.54 Billion | GBX120.40 Million | GBX12.48 Billion | — |