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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BHP Group's retained earnings for the quarter that ended in Dec. 2025 was $45,255 Mil.
BHP Group's quarterly retained earnings
increased
from Dec. 2024 ($40,612 Mil) to Jun. 2025 ($42,670 Mil) and
increased
from Jun. 2025 ($42,670 Mil) to Dec. 2025 ($45,255 Mil).
BHP Group's annual retained earnings
increased
from Jun. 2023 ($39,787 Mil) to Jun. 2024 ($39,963 Mil) and
increased
from Jun. 2024 ($39,963 Mil) to Jun. 2025 ($42,670 Mil).
BHP Group (NYSE:BHP) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
BHP Group Retained Earnings Historical Data
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The historical data trend for BHP Group's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $45,255 Mil mean?
BHP Group (BHP) has a Retained Earnings of $45,255 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on BHP Group and its competitors.
Is BHP Group's Retained Earnings too high?
BHP Group's current Retained Earnings is $45,255 Mil. Overall, BHP Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's Retained Earnings compare to competitors?
BHP Group's Retained Earnings of $45,255 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on BHP Group and its competitors. BHP Group's current Retained Earnings is $45,255 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHP Group stock overvalued right now?
Based on GuruFocus' analysis, BHP Group (BHP) is currently considered Significantly Overvalued. The stock's GF Value™ is $59.19, compared to a current price of $80.64 — trading 36.2% above its estimated fair value. The current Retained Earnings is $45,255 Mil. BHP Group's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For BHP Group (BHP), the current Retained Earnings is $45,255 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BHP Group (BHP) Overvalued in 2026?
Based on GuruFocus' analysis, BHP Group stock appears to be overvalued.
The current stock price of $80.64 is trading 36.2% above its estimated GF Value™ of $59.19.
GuruFocus considers BHP Group to be Significantly Overvalued.
Key valuation signals for BHP:
Retained Earnings: $45,255 Mil
GF Value™: $59.19 vs. price of $80.64 (36.2% above fair value)
No single metric tells the full story. See the BHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 half of the Vicuna copper joint venture in fiscal 2025. It is entering the potash market through the development of its Jansen project in Canada. However, due to low prices, BHP placed its nickel business on care and maintenance in 2024.
78GF Score
Get the complete analysis for BHP
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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