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BHP Group Limited (ASX:BHP)

ALERT: Price-sensitive ASX Announcement for BHP
Current share price for BHP : $63.710 1.51 (2.43%)+
Announcement
Release
18 Aug 2026 8:34AM
Price at Release
$62.200
Full Release
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Summary
BHP Group Limited announced its FY2026 financial results, showing a strong performance with an underlying EBITDA of US$32.9 billion, a 27% increase from the previous year, and a 59% EBITDA margin. The Copper segment significantly contributed to the Group's earnings, with operational excellence and cost discipline leading to reduced unit costs. Record production levels were achieved in key areas, and the company emphasized its focus on technological advancements and the BHP Operating System to enhance operations. BHP's strategic planning includes programmatic growth with increased production capacity targets by the mid-2030s, supported by a robust balance sheet enabling continued shareholder returns.
Key Points
  • BHP Group Limited released its FY2026 financial results on 18 August 2026.
  • The company reported a significant increase in underlying EBITDA to US$32.9 billion, marking a 27% increase from the previous year.
  • The underlying EBITDA margin improved to 59%, with a return on capital employed (ROCE) of 26%.
  • BHP's FY2026 results highlighted strong performances across its key segments, with the Copper segment contributing 54% of the Group's EBITDA.
  • Operational excellence and cost discipline were emphasized, with unit cost reductions across major assets.
  • The company achieved record production levels in several areas, including iron ore and copper.
  • BHP is focusing on technological advancements and embedding the BHP Operating System (BOS) to drive operational improvements and cost efficiencies.
  • The company is planning for programmatic growth, with potential increases in copper and overall production capacities by the mid-2030s.
  • BHP has maintained a strong balance sheet, allowing for continued shareholder returns and strategic capital allocation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.