BHP Group Limited (BHP) vs Rio Tinto Group (RIO)

BHP leads on 10 of 17 compared metrics, though RIO is the cheaper stock.

A side-by-side comparison of BHP Group Limited and Rio Tinto Group across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BHP vs RIO

growth of $100 · last 30y
BHP +663.6%RIO +522.4%BHP compounded faster
0200400600800Start $100200120062011201620212026$764$622
BHP RIO

BHP vs RIO: by the numbers

  • BHP is the larger company ($205.82B vs $152.24B market cap).
  • RIO trades at the lower earnings multiple (7.12 vs 9.51 P/E).
  • BHP converts more revenue to profit (20.10% vs 19.28% net margin).
  • RIO grew revenue faster over the past five years (4.92% vs 3.47% CAGR).
  • RIO pays the higher dividend yield (5.42% vs 3.60%).

Which is better, BHP or RIO?

Metric tally: BHP 10 · RIO 7

It depends on what you're optimizing for:

ValueRIO(lower P/E)
GrowthRIO(faster 5Y revenue CAGR)
IncomeRIO(higher dividend yield)
QualityBHP(higher ROIC)

Metrics side by side

Valuation

MetricBHPRIO
P/E ratio9.517.12
Forward P/E15.6410.76
P/S ratio1.921.38
P/B ratio4.092.47
PEG ratio0.9619.77
EV / EBITDA4.164.06
FCF yield10.12%7.01%

Profitability

MetricBHPRIO
Gross margin82.72%27.57%
Operating margin41.04%27.10%
Net margin20.10%19.28%
ROE42.93%34.53%
ROIC12.42%9.18%

Dividends

MetricBHPRIO
Dividend yield3.60%5.42%
Payout ratio82.02%82.60%

Growth (annualized)

MetricBHPRIO
Revenue CAGR (5Y)3.47%4.92%
EPS CAGR (5Y)2.81%0.36%
FCF CAGR (5Y)-0.18%-11.74%
Total return CAGR (5Y)12.20%10.24%

Frequently asked

Which is better, BHP or RIO?
It depends on your goal. value: RIO (lower P/E); growth: RIO (faster 5Y revenue CAGR); income: RIO (higher dividend yield); quality: BHP (higher ROIC). Across all compared metrics, BHP leads 10 to 7.
Is BHP or RIO cheaper?
On trailing earnings, RIO is cheaper: BHP trades at a 9.51 P/E and RIO at 7.12.
Which has grown faster, BHP or RIO?
Over the past five years, RIO grew revenue faster — BHP at a 3.47% CAGR versus RIO at 4.92%.
Does BHP or RIO pay a bigger dividend?
BHP yields 3.60% and RIO yields 5.42% based on trailing dividends and the latest price.
Is BHP or RIO more profitable?
BHP runs the higher net margin — BHP at 20.10% versus RIO at 19.28%.
Which has been the better investment, BHP or RIO?
Over the past 10-year, RIO delivered the higher annualized total return — BHP at 20.21% versus RIO at 21.31%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 28, 2026.