FCF Payout Ratio: 62.90%
Is the FCF payout ratio high or low?
The FCF payout ratio of 62.90% is 10% below its 5-year average of 70.22%, around the middle of its 5-year range (50.10%–91.02%).
6.80% below its 12-month average of 67.49%.
BHP FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
BHP Average FCF Payout Ratio Chart
BHP Current vs Average FCF Payout Ratio Chart
BHP FCF Payout Ratio Metrics
FCF PAYOUT RATIO
62.90%
FCF PAYOUT RATIO AVG TTM
67.49%
FCF PAYOUT RATIO AVG 3Y
75.25%
FCF PAYOUT RATIO AVG 5Y
70.22%
FCF PAYOUT RATIO AVG 10Y
69.20%
FCF PAYOUT RATIO AVG 15Y
66.40%
FCF PAYOUT RATIO AVG 20Y
59.42%
CURRENT VS TTM AVG
-6.80%
CURRENT VS 3Y AVG
-16.41%
CURRENT VS 5Y AVG
-10.42%
CURRENT VS 10Y AVG
-9.10%
CURRENT VS 15Y AVG
-5.27%
CURRENT VS 20Y AVG
+5.85%
Payout Ratio Comparison
FCF Payout Ratio TTM
62.9%
Earnings Payout Ratio
82.0%
Dividend Yield
3.60%
FCF Yield
10.12%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $9.28B | $6.39B | 68.9% |
| 2024 | $11.85B | $7.67B | 64.8% |
| 2023 | $11.62B | $13.27B | 114.2% |
| 2022 | $26.06B | $17.85B | 68.5% |
| 2021 | $21.43B | $7.90B | 36.9% |
| 2020 | $8.07B | $6.88B | 85.2% |
| 2019 | $10.75B | $11.39B | 106.0% |
| 2018 | $13.48B | $5.22B | 38.7% |
| 2017 | $12.55B | $2.92B | 23.3% |
| 2016 | $3.68B | $4.13B | 112.3% |
| 2015 | $7.25B | $6.50B | 89.6% |
| 2014 | $9.15B | $6.39B | 69.8% |
| 2013 | ($2.27B) | $6.17B | N/A (Loss) |
| 2012 | $4.13B | $5.88B | 142.3% |
| 2011 | $18.46B | $5.05B | 27.4% |
| 2010 | $7.18B | $4.62B | 64.3% |
| 2009 | $7.99B | $4.56B | 57.1% |
| 2008 | $9.23B | $3.13B | 33.9% |
| 2007 | $8.42B | $2.27B | 27.0% |
| 2006 | $4.47B | $1.94B | 43.3% |
| 2005 | $4.70B | $1.64B | 35.0% |
| 2004 | $2.42B | $1.58B | 65.3% |
| 2003 | $807.00M | $868.00M | 107.6% |
| 2002 | $1.07B | $811.00M | 76.0% |
| 2001 | $1.55B | $472.00M | 30.5% |
| 2000 | $1.69B | $297.00M | 17.5% |
| 1999 | $637.00M | $339.00M | 53.2% |
| 1998 | ($139.00M) | $281.00M | N/A (Loss) |
| 1997 | ($50.00M) | $493.00M | N/A (Loss) |
| 1996 | ($262.70M) | $504.70M | N/A (Loss) |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FCF Payout Ratio FAQ
- What is the FCF payout ratio for BHP Group Limited (BHP)?
- The FCF payout ratio for BHP stock is 62.90%.
- Is BHP Group Limited's FCF payout ratio high or low?
- The FCF payout ratio of 62.90% is 10% below its 5-year average of 70.22%, around the middle of its 5-year range (50.10%–91.02%).
- What is the TTM average FCF payout ratio for BHP Group Limited (BHP)?
- The TTM average FCF payout ratio for BHP stock is 67.49%.
- What is the 3Y average FCF payout ratio for BHP Group Limited (BHP)?
- The 3Y average FCF payout ratio for BHP stock is 75.25%.
- What is the 5Y average FCF payout ratio for BHP Group Limited (BHP)?
- The 5Y average FCF payout ratio for BHP stock is 70.22%.
- What is the 10Y average FCF payout ratio for BHP Group Limited (BHP)?
- The 10Y average FCF payout ratio for BHP stock is 69.20%.
- What is the 15Y average FCF payout ratio for BHP Group Limited (BHP)?
- The 15Y average FCF payout ratio for BHP stock is 66.40%.
- What is the 20Y average FCF payout ratio for BHP Group Limited (BHP)?
- The 20Y average FCF payout ratio for BHP stock is 59.42%.
BHP FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 62.90% |
| 2025-06-30 | 68.06% |
| 2024-12-31 | 71.52% |
| 2024-06-30 | 91.02% |
| 2023-12-31 | 79.99% |
| 2023-06-30 | 82.59% |
| 2022-12-31 | 70.66% |
| 2022-06-30 | 54.22% |
| 2021-12-31 | 57.58% |
| 2021-06-30 | 50.10% |
| 2020-12-31 | 83.75% |
| 2020-06-30 | 97.11% |
| 2019-12-31 | 82.30% |
| 2019-06-30 | 71.14% |
| 2018-12-31 | 44.27% |
| 2018-06-30 | 32.36% |
| 2017-12-31 | 31.28% |
| 2017-06-30 | 45.59% |
| 2016-12-31 | 75.87% |
| 2016-06-30 | 112.50% |
| 2015-12-31 | 88.39% |
| 2015-06-30 | 78.19% |
| 2014-12-31 | 82.99% |
| 2014-06-30 | 192.93% |
| 2012-12-31 | 139.53% |
| 2012-06-30 | 48.38% |
| 2011-12-31 | 46.23% |
| 2011-06-30 | 37.72% |
| 2010-12-31 | 46.20% |
| 2010-06-30 | 60.54% |
| 2009-12-31 | 52.11% |
| 2009-06-30 | 44.70% |
| 2008-12-31 | 37.57% |
| 2008-06-30 | 30.62% |
| 2007-12-31 | 31.47% |
| 2007-06-30 | 32.64% |
| 2006-12-31 | 35.30% |
| 2006-06-30 | 39.04% |
| 2005-12-31 | 41.75% |
| 2005-06-30 | 45.26% |
| 2004-12-31 | 54.80% |
| 2004-06-30 | 75.85% |
| 2003-12-31 | 80.91% |
| 2003-06-30 | 89.59% |
| 2002-12-31 | 65.95% |
| 2002-06-30 | 49.03% |
| 2001-12-31 | 35.02% |
| 2001-06-30 | 23.71% |
| 2000-12-31 | 25.21% |
| 2000-06-30 | 27.30% |
| 1999-12-30 | 44.41% |
| 1999-05-31 | 124.50% |
| 1998-11-30 | 451.13% |
| 1996-11-30 | 695.41% |
| 1996-05-31 | 147.15% |
| 1995-11-30 | 71.79% |
| 1995-05-31 | 43.47% |
| 1994-11-30 | 43.96% |
| 1994-05-31 | 44.56% |
| 1993-11-30 | 57.80% |
| 1993-05-31 | 79.95% |
| 1992-11-30 | 47.70% |
| 1992-05-31 | 28.54% |
| 1991-11-30 | 11.34% |
About BHP Group Limited
BHP Group Limited is a prominent global natural resources enterprise with operations spanning multiple continents, including Australia, Europe, Asia (encompassing China, Japan, India, South Korea, and other regions), North America, and South America. The company's primary activities are organized into distinct divisions: Copper, Iron Ore, and Coal. Its extensive mining portfolio includes the extraction of a wide array of minerals such as copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, and cobalt, alongside the production of both metallurgical and thermal (energy) coal. In addition to these core endeavors, BHP is also engaged in the integrated process of nickel production—from mining to smelting and refining—and is actively pursuing potash development initiatives. The company further offers a variety of support functions, including towing, freight services, marketing and trading, marketing assistance, finance, and administrative services. Founded in 1851, BHP Group Limited maintains its corporate headquarters in Melbourne, Australia.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- Mike Henry