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BHP Group (LSE:BHP) Pretax Margin % : 42.45% (As of Jun. 2024)


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What is BHP Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BHP Group's Pre-Tax Income for the six months ended in Jun. 2024 was £9,484 Mil. BHP Group's Revenue for the six months ended in Jun. 2024 was £22,343 Mil. Therefore, BHP Group's pretax margin for the quarter that ended in Jun. 2024 was 42.45%.

The historical rank and industry rank for BHP Group's Pretax Margin % or its related term are showing as below:

LSE:BHP' s Pretax Margin % Range Over the Past 10 Years
Min: 6.27   Med: 33.47   Max: 50.9
Current: 28.89


LSE:BHP's Pretax Margin % is ranked better than
88.58% of 858 companies
in the Metals & Mining industry
Industry Median: 1.605 vs LSE:BHP: 28.89

BHP Group Pretax Margin % Historical Data

The historical data trend for BHP Group's Pretax Margin % 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.

* Premium members only.

BHP Group Pretax Margin % Chart

BHP Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.95 42.68 50.90 39.77 28.83

BHP Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.93 39.59 39.92 14.62 42.45

Competitive Comparison of BHP Group's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, BHP Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BHP Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BHP Group's Pretax Margin % falls into.



BHP Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

BHP Group's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=12613.728/43747.188
=28.83 %

BHP Group's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=9483.876/22342.836
=42.45 %

* 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.


BHP Group  (LSE:BHP) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


BHP Group Pretax Margin % Related Terms

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BHP Group Business Description

Address
171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000
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 us 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. It purchased copper miner Oz Minerals in fiscal 2023 and is entering the potash market through the development of its Jansen project in Canada. However, due to low nickel prices, BHP is placing its nickel business on care and maintenance in late 2024.