BHP Group Limited (BHP): operating margin, 10 filed years
Operating margin at BHP Group Limited was 38.0% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 9.8% (FY2016) to 52.4% (FY2022), with a median of 36.7%.
Tonight's figure on the company page: 38.0%, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | Operating margin | Read from |
|---|---|---|
| FY2016 | 9.8% | 20-F, filed 2018-09-18 |
| FY2017 | 35.1% | 20-F, filed 2018-09-18 |
| FY2018 | 37.1% | 20-F, filed 2018-09-18 |
| FY2019 | 36.4% | 20-F, filed 2019-09-17 |
| FY2020 | 35.1% | 20-F, filed 2020-09-22 |
| FY2021 | 44.8% | 20-F, filed 2021-09-21 |
| FY2022 | 52.4% | 20-F, filed 2022-09-06 |
| FY2023 | 42.6% | 20-F, filed 2023-09-05 |
| FY2024 | 31.5% | 20-F, filed 2024-08-30 |
| FY2025 | 38.0% | 20-F, filed 2025-08-22 |
How each year is computed
Operating income / revenue x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.