BHP Group (BHP Group) Gross-Profit-to-Asset % : 54.12% (As of Dec. 2023)

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What is BHP Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. BHP Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was $54,464 Mil. BHP Group's average Total Assets over the quarter that ended in Dec. 2023 was $100,642 Mil. Therefore, BHP Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 54.12%.

BHP Group Gross-Profit-to-Asset % Historical Data

The historical data trend for BHP Group's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BHP Group Gross-Profit-to-Asset % Chart

BHP Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

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28.97

26.10

41.16

49.18

38.59

BHP Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															56.89	68.84	56.21	59.44	54.12

Competitive Comparison of BHP Group's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, BHP Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BHP Group's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where BHP Group's Gross-Profit-to-Asset % falls into.

BHP Group Gross-Profit-to-Asset % Calculation

BHP Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jun. 2023 )	/	( (Total Assets (A: Jun. 2022 )	+	Total Assets (A: Jun. 2023 ))	/ count )
	=	37904	/	( (95166	+	101296)	/ 2 )
	=	37904	/	98231
	=	38.59 %

BHP Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	54464	/	( (101296	+	99988)	/ 2 )
	=	54464	/	100642
	=	54.12 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

BHP Group Gross-Profit-to-Asset % Related Terms

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BHP Group (BHP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (NYSE:BHP) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHPLF:USA BHPN:Mexico BHPl:UK BHP:UK BHP1:Germany BHP:Australia BHP:Argentina

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.