BHP (BHP) Stock Price, Fundamentals & Analysis

What BHP does

BHP (BHP) is a resources company that operates across Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, and South America. It runs three main segments — Copper, Iron Ore, and Coal — and explores for a wide range of minerals including nickel, potash, cobalt, silver, gold, molybdenum, uranium, and zinc. The company is also involved in services, marketing, trading, and finance, as well as mining, smelting, and refining of nickel. BHP was founded in 1851 and is headquartered in Melbourne, Australia. It is part of the ASX 200 and is a peer of companies such as Fortescue (FMG) and BlueScope (BSL).

Key numbers explained

• 60.72 AUD — the current share price, the amount you would pay for one share on the ASX.
• -0.49% — the price change today, showing the stock is slightly down on the session.
• 308.64B AUD — market capitalisation, the total value of all outstanding shares.
• trailing P/E ratio of 22.2 — the share price divided by the last 12 months of earnings; a higher number can mean the market expects future growth.
• forward P/E ratio of 16.4 — the same calculation but using expected future earnings, which can look lower if earnings are forecast to rise.
• dividend yield of 3.98% — the annual dividend as a percentage of the share price, a measure of income return.
• 69% — the share of earnings paid out as dividends, indicating how much of profit goes to shareholders.
• 0.85 — beta, a measure of volatility relative to the market; below 1 suggests the stock tends to move less than the market.

What to watch

BHP is exposed to global commodity prices, particularly for copper, iron ore, and coal, which can be affected by economic cycles, infrastructure spending, and energy transitions. Currency movements, especially the Australian dollar, can influence reported results for a company with international operations. Regulatory and environmental policies in mining jurisdictions, as well as production costs and labour availability, are also relevant factors. Investors often compare BHP with peers such as Newmont (NEM) and Orica (ORI) to understand relative positioning. The next earnings report is scheduled for 17 aug. 2026, which typically provides updated guidance on production and costs.