NYSE · Australia · Other Industrial Metals & Mining

BHP BHP Group

Largest copper miner by resources

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)

Copper · 74

Last close (delayed) · 2026-11-12

$80.51

−1.89% today

+2.5%

−3.3%

−5.2%

YTD

+39.0%

+49.0%

Off 52w high

−16.6%

Market cap$205B

P/E (trailing)20.9Forward 15.8

EV / sales3.8×EV/EBITDA 7.5×

Revenue (TTM)$58.76BGrowth 18.3% y/y

Margins85.9%gross · op 42.1%

Free cash flow$9.59BCash $18.56B · debt $28.43B

Analyst target$78.86−2.0% upside · 7 analysts · hold

Riskβ 0.89Short 0.8% of float · yield 4.83%

Fundamentals from public market data, refreshed daily (2026-11-12 22:21 UTC). Figures in reporting currency.

BHP · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events

8

2012-02-07EarningsMiss / cut

Reported EPS 0.79 vs 3.3 expected (-76.1% surprise).
7

2004-08-18EarningsMiss / cut

Reported EPS 0.24 vs 0.43 expected (-44.2% surprise).
6

2004-04-22EarningsBeat / raise

Reported EPS 0.27 vs 0.25 expected (+8.0% surprise).
5

2004-02-19EarningsBeat / raise

Reported EPS 0.45 vs 0.43 expected (+4.7% surprise).
4

2003-10-28EarningsBeat / raise

Reported EPS 0.17 vs 0.16 expected (+3.8% surprise).
3

2003-08-28EarningsMiss / cut

Reported EPS 0.18 vs 0.21 expected (-14.3% surprise).
2

2003-05-07EarningsBeat / raise

Reported EPS 0.14 vs 0.14 expected (+2.9% surprise).
1

2003-02-24EarningsMiss / cut

Reported EPS 0.12 vs 0.28 expected (-57.1% surprise).

Latest headlines

Auto-updated daily

Earnings history

EPS vs expectations

Date	Expected EPS	Reported EPS	Surprise
2012-02-07	3.3	0.79	−76.1%
2004-08-18	0.43	0.24	−44.2%
2004-04-22	0.25	0.27	+8.0%
2004-02-19	0.43	0.45	+4.7%
2003-10-28	0.16	0.17	+3.8%
2003-08-28	0.21	0.18	−14.3%
2003-05-07	0.14	0.14	+2.9%
2003-02-24	0.28	0.12	−57.1%
2002-10-30	0.1	0.18	+80.0%
2002-08-07	0.13	0.11	−15.4%
2002-05-01	0.14	0.14	—
2002-02-14	0.15	0.2	+33.3%
2001-10-26	0.18	0.2	+11.1%

About BHP Group

Website ↗

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, and South America. The company operates through three segments: Copper, Iron Ore, and Coal. It explores for copper, iron, steelmaking coal, energy coal, nickel, potash, cobalt, sulphide, ammonium sulphate, silver, gold, molybdenum, uranium, and zinc deposits. The company is also involved in the services, marketing, trading, and finance businesses; potash, nickel, and copper development; mining, smelting, refining of nickel; and provision of towing, freight, administrative, and marketing support and other services. BHP Group Limited was founded in 1851 and is headquartered in Melbourne, Australia.

38,833 employees · Melbourne, Australia

Copper

Grids, transformers, data centres and EVs all draw on copper. New mines take a decade or more; grades are falling.

Mine→Concentrate→Smelter→Cathode

What would prove us wrong. Weakens if demand forecasts for grids and data centres fall while mine supply surprises up.

Peers at the same bottleneck

Who else supplies this

Stock	Role	Last	1D	1M	YTD
FCX Freeport-McMoRan	Large copper producer	$60.45	−2.69%	−13.0%	+20.1%
SCCO Southern Copper	Large copper reserves	$168.2	−2.55%	−15.3%	+23.9%
TECK Teck Resources	Copper growth projects	$61.19	−3.90%	−5.6%	+28.4%
IVN.TO Ivanhoe Mines	High-grade Kamoa-Kakula copper	C$7.89	−1.50%	−24.8%	−49.5%
ANTO.L Antofagasta	Chilean copper producer	3,217.0p	−2.78%	−9.9%	−1.9%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.