BHP BILLITON LTD (BHPLF) Financials

BHPLF

FY2025 annual

Revenue $51.3B -7.9% YoY

Net Income $11.1B +16.1% YoY

Free Cash Flow $9.3B -21.6% YoY

Operating Cash Flow $18.7B -9.5% YoY

Market Cap $213.5B as of Oct 1, 2026

Price / Sales 4.2x on $51.3B revenue, FY2025

Price / Earnings 19.2x on $11.1B net income, FY2025

Price / Book 4.1x on $52.2B equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 1, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Jun 30, 2025 Reported Aug 22, 2025 Currency USD FYE June

Newest figures come from the 10-K for FY2025, filed Aug 22, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BHPLF SEC filings page.

BHP BILLITON LTD (BHPLF) reported $51.3B in revenue for fiscal year 2025, down 7.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BHPLF FY2025 2026-09-05

BHP’s cash-rich model is being reshaped by heavier reinvestment, narrowing free-cash conversion while leverage remains modest.

By FY2025, free-cash-flow margin had fallen to 18.1% from 38.0% in FY2021. Capital expenditures reached $9.4B, indicating that rising reinvestment—not merely weaker accounting earnings—is absorbing more of the cash generated.

Reported long-term debt was only $2.3B against $56.6B of total liabilities in FY2025, so the balance-sheet obligations extend well beyond conventional borrowing. A 1.5x current ratio still indicates positive short-term asset coverage.

Revenue fell to $51.3B in FY2025 from $55.7B in FY2024. Net margin nevertheless rose to 21.7% from 17.3%, indicating margin recovery rather than volume-driven earnings growth.

Financial Health Signals

Financial health score not available

BHP BILLITON LTD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/8

BHP BILLITON LTD passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.68x

For every $1 of reported earnings, BHP BILLITON LTD generates $1.68 in operating cash flow ($18.7B OCF vs $11.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$11.9B

YoY-4.9%

QoQ-4.9%

BHP BILLITON LTD held $11.9B in cash against $2.3B in long-term debt as of Q4 2025.

Shares Outstanding

5.08B

YoY+0.1%

QoQ+0.1%

BHP BILLITON LTD had 5.08B shares outstanding in Q4 2025. This represents an increase of 0.1% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

BHPLF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BHPLF quarterly income statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$51.3B-7.9%	$55.7B+3.4%	$53.8B-17.3%	$65.1B+14.4%	$56.9B+46.2%	$38.9B-12.1%	$44.3B+2.7%	$43.1B+20.7%	$35.7B+25.1%	$28.6B
Interest Expense	$1.8B-19.4%	$2.2B+6.7%	$2.1B+96.2%	$1.1B-18.6%	$1.3B+8.2%	$1.2B-21.1%	$1.5B+29.3%	$1.2B+3.4%	$1.1B+16.6%	$969.0M
Income Tax	$7.2B+11.8%	$6.4B-8.9%	$7.1B-34.1%	$10.7B+1.1%	$10.6B+152.9%	$4.2B-24.1%	$5.5B-21.1%	$7.0B+57.7%	$4.4B+111.3%	$2.1B
Net Income	$11.1B+16.1%	$9.6B-33.0%	$14.3B-56.7%	$33.1B+145.7%	$13.5B+54.0%	$8.7B-4.9%	$9.2B+90.4%	$4.8B-22.5%	$6.2B+200.2%	-$6.2B
EPS (Basic)	N/A	$1.56-38.9%	$2.55-36.2%	$4.00+75.4%	$2.28+46.9%	$1.55-7.0%	$1.67+33.5%	$1.25+4.3%	$1.20+1274.5%	-$0.10
EPS (Diluted)	N/A	$1.55-38.9%	$2.55-36.2%	$3.99+75.5%	$2.27+47.0%	$1.55-7.0%	$1.67+33.6%	$1.25+4.3%	$1.20	-$0.10
Diluted Shares (Avg)	5.08B+0.1%	5.08B+0.1%	5.07B0.0%	5.07B+0.1%	5.07B0.0%	5.07B-2.4%	5.19B-2.7%	5.34B0.0%	5.34B	5.32B

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q2'2010-Q

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

BHPLF Balance Sheet

BHPLF quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$108.8B+6.3%	$102.4B+1.1%	$101.3B+6.4%	$95.2B-12.6%	$108.9B+3.0%	$105.7B+3.9%	$101.8B-9.1%	$112.0B-4.3%	$117.0B-1.6%	$119.0B
Current Assets	$22.8B-6.2%	$24.3B+4.2%	$23.4B-18.5%	$28.7B+7.4%	$26.7B+24.3%	$21.5B-8.1%	$23.4B-33.5%	$35.1B+66.8%	$21.1B	N/A
Cash & Equivalents	$11.9B-4.9%	$12.5B+0.6%	$12.4B-27.9%	$17.2B+13.1%	$15.2B+13.6%	$13.4B-14.0%	$15.6B-1.6%	$15.9B+12.1%	$14.2B+37.2%	$10.3B
Inventory	$5.5B-5.0%	$5.8B+11.6%	$5.2B+5.8%	$4.9B+11.5%	$4.4B+7.9%	$4.1B+6.8%	$3.8B+2.0%	$3.8B+2.5%	$3.7B	N/A
Accounts Receivable	$4.1B-20.4%	$5.2B+12.5%	$4.6B-15.3%	$5.4B-10.4%	$6.1B+80.1%	$3.4B-2.8%	$3.5B+11.8%	$3.1B+9.2%	$2.8B	N/A
Goodwill	$1.3B0.0%	$1.3B-3.5%	$1.4B+16.0%	$1.2B0.0%	$1.2B0.0%	$1.2B-26.3%	$1.6B+108.9%	$778.0M-80.4%	$4.0B-3.7%	$4.1B
Total Liabilities	$56.6B+6.3%	$53.2B+0.9%	$52.8B+13.7%	$46.4B-13.0%	$53.3B-0.4%	$53.6B+7.0%	$50.1B-2.5%	$51.3B-5.4%	$54.3B-7.8%	$58.9B
Current Liabilities	$15.6B+9.4%	$14.3B-24.9%	$19.0B+12.6%	$16.9B+3.1%	$16.4B+10.7%	$14.8B+20.1%	$12.3B-11.8%	$14.0B+23.1%	$11.4B	N/A
Non-Current Liabilities	$40.9B+5.1%	$38.9B+15.5%	$33.7B+14.4%	$29.5B-20.1%	$36.9B-4.7%	$38.7B+5.5%	$36.7B-1.7%	$37.3B-13.0%	$42.9B	N/A
Long-Term Debt	$2.3B-4.9%	$2.4B-2.7%	$2.5B+21.4%	$2.1B-31.6%	$3.0B+16.1%	$2.6B+298.5%	$650.0M-97.5%	$26.0B-12.1%	$29.6B	N/A
Total Equity	$52.2B+6.3%	$49.1B+1.2%	$48.5B-0.5%	$48.8B-12.3%	$55.6B+6.6%	$52.2B+0.8%	$51.8B-14.7%	$60.7B-3.3%	$62.7B+4.4%	$60.1B
Retained Earnings	$42.7B+6.8%	$40.0B+0.4%	$39.8B-1.4%	$40.3B-13.8%	$46.8B+7.8%	$43.4B+1.3%	$42.8B-16.1%	$51.1B-3.0%	$52.6B	N/A

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q2'2010-Q
Total Assets	$108.8B+6.3%	$102.4B+1.1%	$101.3B+6.4%	$87.8B	$95.2B-12.6%	$108.9B+3.0%	$105.7B+3.9%	$102.3B-0.1%
Current Assets	$22.8B-6.2%	$24.3B+4.2%	$23.4B-18.5%	$20.1B	$28.7B+7.4%	$26.7B+24.3%	$21.5B-8.1%	$22.2B-15.8%
Cash & Equivalents	$11.9B-4.9%	$12.5B+0.6%	$12.4B-27.9%	$9.6B	$17.2B+13.1%	$15.2B+13.6%	$13.4B-14.0%	$14.3B-8.1%
Inventory	$5.5B-5.0%	$5.8B+11.6%	$5.2B+5.8%	$4.9B	$4.9B+11.5%	$4.4B+7.9%	$4.1B+6.8%	$3.9B-0.8%
Accounts Receivable	$4.1B-20.4%	$5.2B+12.5%	$4.6B-15.3%	$4.5B	$5.4B-10.4%	$6.1B+80.1%	$3.4B-2.8%	$3.6B-43.8%
Goodwill	$1.3B0.0%	$1.3B-3.5%	$1.4B+16.0%	$1.4B	$1.2B0.0%	$1.2B0.0%	$1.2B-26.3%	$670.0M-6.7%
Total Liabilities	$56.6B+6.3%	$53.2B+0.9%	$52.8B+13.7%	$41.3B	$46.4B-13.0%	$53.3B-0.4%	$53.6B+7.0%	$49.9B+5.9%
Current Liabilities	$15.6B+9.4%	$14.3B-24.9%	$19.0B+12.6%	$11.9B	$16.9B+3.1%	$16.4B+10.7%	$14.8B+20.1%	$13.8B+32.7%
Non-Current Liabilities	$40.9B+5.1%	$38.9B+15.5%	$33.7B+14.4%	$29.4B	$29.5B-20.1%	$36.9B-4.7%	$38.7B+5.5%	$36.1B-1.7%
Long-Term Debt	$2.3B-4.9%	$2.4B-2.7%	$2.5B+21.4%	N/A	$2.1B-31.6%	$3.0B+16.1%	$2.6B+298.5%	$2.0B
Total Equity	$52.2B+6.3%	$49.1B+1.2%	$48.5B-0.5%	$46.6B	$48.8B-12.3%	$55.6B+6.6%	$52.2B+0.8%	$52.4B-5.2%
Retained Earnings	$42.7B+6.8%	$40.0B+0.4%	$39.8B-1.4%	$37.9B	$40.3B-13.8%	$46.8B+7.8%	$43.4B+1.3%	$43.7B-5.5%

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.

BHPLF Cash Flow Statement

BHPLF quarterly cash flow statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$18.7B-9.5%	$20.7B+10.5%	$18.7B-41.9%	$32.2B+18.1%	$27.2B+73.4%	$15.7B-12.1%	$17.9B-3.2%	$18.5B+9.9%	$16.8B+58.2%	$10.6B
Capital Expenditures	$9.4B+6.6%	$8.8B+30.9%	$6.7B+15.0%	$5.9B+4.3%	$5.6B-6.3%	$6.0B-4.1%	$6.3B+25.5%	$5.0B+34.7%	$3.7B-35.2%	$5.7B
Free Cash Flow	$9.3B-21.6%	$11.8B-1.0%	$12.0B-54.5%	$26.3B+21.7%	$21.6B+122.6%	$9.7B-16.4%	$11.6B-13.8%	$13.5B+2.9%	$13.1B+166.5%	$4.9B
Investing Cash Flow	-$13.3B-52.4%	-$8.8B+32.9%	-$13.1B-87.7%	-$7.0B+11.3%	-$7.8B-3.0%	-$7.6B-392.1%	$2.6B+144.0%	-$5.9B-42.3%	-$4.2B+42.6%	-$7.2B
Financing Cash Flow	-$6.0B+48.8%	-$11.7B-13.1%	-$10.3B+54.7%	-$22.8B-27.0%	-$17.9B-83.8%	-$9.8B+52.5%	-$20.5B-88.5%	-$10.9B-19.2%	-$9.1B-3315.8%	$284.0M
Dividends Paid	$6.4B-16.6%	$7.7B-42.2%	$13.3B-25.7%	$17.9B+125.9%	$7.9B+14.9%	$6.9B-39.7%	$11.4B+118.3%	$5.2B+78.7%	$2.9B-29.3%	$4.1B
Share Buybacks	N/A	N/A	$88.0M-40.9%	$149.0M-36.3%	$234.0M+63.6%	$143.0M-23.9%	$188.0M+9.9%	$171.0M+58.3%	$108.0M+1.9%	$106.0M

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q2'2010-Q

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

BHPLF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BHPLF quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Net Margin	21.7%+4.5pp	17.3%-9.4pp	26.6%-24.2pp	50.8%+27.2pp	23.6%+1.2pp	22.4%+1.7pp	20.7%+9.6pp	11.2%-6.2pp	17.4%+39.1pp	-21.7%
Return on Equity	21.3%+1.8pp	19.6%-10.0pp	29.5%-38.3pp	67.8%+43.6pp	24.2%+7.5pp	16.7%-1.0pp	17.8%+9.8pp	8.0%-2.0pp	9.9%+20.3pp	-10.3%
Return on Assets	10.2%+0.9pp	9.4%-4.8pp	14.1%-20.6pp	34.7%+22.4pp	12.3%+4.1pp	8.3%-0.8pp	9.0%+4.7pp	4.3%-1.0pp	5.3%+10.5pp	-5.2%
Current Ratio	1.46-0.2x	1.70+0.5x	1.23-0.5x	1.69+0.1x	1.63+0.2x	1.45-0.4x	1.89-0.6x	2.51+0.7x	1.85	N/A
Debt-to-Equity	0.040.0x	0.050.0x	0.050.0x	0.040.0x	0.050.0x	0.050.0x	0.01-0.4x	0.430.0x	0.47-0.5x	0.98
Asset Turnover	0.47-0.1x	0.540.0x	0.53-0.2x	0.68+0.2x	0.52+0.2x	0.37-0.1x	0.430.0x	0.39+0.1x	0.31+0.1x	0.24
FCF Margin	18.1%-3.2pp	21.3%-0.9pp	22.2%-18.2pp	40.4%+2.4pp	38.0%+13.0pp	25.0%-1.3pp	26.2%-5.0pp	31.3%-5.4pp	36.7%+19.5pp	17.2%

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q2'2010-Q
Current Ratio	1.46-0.2x	1.70+0.5x	1.23-0.5x	1.69	1.69+0.1x	1.63+0.2x	1.45-0.4x	1.62-0.9x
Debt-to-Equity	0.040.0x	0.050.0x	0.050.0x	0.89	0.040.0x	0.050.0x	0.050.0x	0.04-0.8x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Where BHP BILLITON LTD Ranks

Frequently Asked Questions

What is BHP BILLITON LTD's annual revenue?

BHP BILLITON LTD (BHPLF) reported $51.3B in total revenue for fiscal year 2025. This represents a -7.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is BHP BILLITON LTD's revenue growing?

BHP BILLITON LTD (BHPLF) revenue declined by 7.9% year-over-year, from $55.7B to $51.3B in fiscal year 2025.

Is BHP BILLITON LTD profitable?

Yes, BHP BILLITON LTD (BHPLF) reported a net income of $11.1B in fiscal year 2025, with a net profit margin of 21.7%.

How much debt does BHP BILLITON LTD have?

As of fiscal year 2025, BHP BILLITON LTD (BHPLF) had $11.9B in cash and equivalents against $2.3B in long-term debt.

What is BHP BILLITON LTD's net profit margin?

BHP BILLITON LTD (BHPLF) had a net profit margin of 21.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is BHP BILLITON LTD's return on equity (ROE)?

BHP BILLITON LTD (BHPLF) has a return on equity of 21.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is BHP BILLITON LTD's free cash flow?

BHP BILLITON LTD (BHPLF) generated $9.3B in free cash flow during fiscal year 2025. This represents a -21.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is BHP BILLITON LTD's operating cash flow?

BHP BILLITON LTD (BHPLF) generated $18.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are BHP BILLITON LTD's total assets?

BHP BILLITON LTD (BHPLF) had $108.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are BHP BILLITON LTD's capital expenditures?

BHP BILLITON LTD (BHPLF) invested $9.4B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does BHP BILLITON LTD have outstanding?

BHP BILLITON LTD (BHPLF) had 5.08B shares outstanding as of fiscal year 2025.

What is BHP BILLITON LTD's current ratio?

BHP BILLITON LTD (BHPLF) had a current ratio of 1.46 as of fiscal year 2025, which is considered adequate.

What is BHP BILLITON LTD's debt-to-equity ratio?

BHP BILLITON LTD (BHPLF) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is BHP BILLITON LTD's return on assets (ROA)?

BHP BILLITON LTD (BHPLF) had a return on assets of 10.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is BHP BILLITON LTD's P/E ratio?

BHP BILLITON LTD (BHPLF) trades at 19.2x earnings, its market capitalization divided by net income of $11.1B net income, FY2025. The market capitalization is $213.5B as of Oct 1, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is BHP BILLITON LTD's price-to-sales ratio?

BHP BILLITON LTD (BHPLF) trades at 4.2x sales, its market capitalization divided by revenue of $51.3B revenue, FY2025. The market capitalization is $213.5B as of Oct 1, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is BHP BILLITON LTD's Piotroski F-Score?

BHP BILLITON LTD (BHPLF) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are BHP BILLITON LTD's earnings high quality?

BHP BILLITON LTD (BHPLF) has an earnings quality ratio of 1.68x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.