Operating Margin: 42.85%
Is the operating margin high or low?
The operating margin of 42.85% is in line with its 5-year average of 41.66%, around the middle of its 5-year range (17.64%–55.70%).
As of Sunday, June 28, 2026. 8.27% above its 12-month average of 39.58%.
BHP Operating Margin
Reported quarterly operating margin; no daily interpolation.
BHP Average Operating Margin Chart
BHP Current vs Average Operating Margin Chart
BHP Operating Margin Metrics
OPERATING MARGIN
42.85%
OPERATING MARGIN AVG TTM
39.58%
OPERATING MARGIN AVG 3Y
38.05%
OPERATING MARGIN AVG 5Y
41.66%
OPERATING MARGIN AVG 10Y
39.33%
OPERATING MARGIN AVG 15Y
40.11%
OPERATING MARGIN AVG 20Y
39.80%
CURRENT VS TTM AVG
+8.27%
CURRENT VS 3Y AVG
+12.62%
CURRENT VS 5Y AVG
+2.84%
CURRENT VS 10Y AVG
+8.93%
CURRENT VS 15Y AVG
+6.84%
CURRENT VS 20Y AVG
+7.64%
BHP Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BHP Group Limited (BHP) | $205.82B | 42.85% | 39.58% | 38.05% | 41.66% |
| Linde plc (LIN)vs › | $240.38B | 28.79% | 26.16% | 24.09% | 21.30% |
| Rio Tinto Group (RIO)vs › | $152.24B | 27.10% | 27.51% | 29.58% | 33.84% |
| Southern Copper Corporation (SCCO)vs › | $142.89B | 54.62% | 50.38% | 46.81% | 46.97% |
| Newmont Corporation (NEM)vs › | $102.62B | 52.62% | 38.91% | 24.23% | 23.10% |
| Freeport-McMoRan Inc. (FCX)vs › | $89.60B | 27.77% | 25.70% | 27.64% | 26.53% |
| The Sherwin-Williams Company (SHW)vs › | $84.86B | 16.13% | 16.21% | 15.41% | 15.09% |
| Ecolab Inc. (ECL)vs › | $79.83B | 17.49% | 17.36% | 15.04% | 14.65% |
| CRH plc (CRH)vs › | $75.05B | 13.18% | 14.27% | 13.76% | 12.85% |
| Vale S.A. (VALE)vs › | $64.27B | 27.84% | 28.66% | 32.64% | 35.64% |
Operating Efficiency
Gross Margin
82.7%
Operating Margin
42.8%
Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Operating Margin FAQ
- What is the operating margin for BHP Group Limited (BHP)?
- The operating margin for BHP stock is 42.85%.
- Is BHP Group Limited's operating margin high or low?
- The operating margin of 42.85% is in line with its 5-year average of 41.66%, around the middle of its 5-year range (17.64%–55.70%).
- What is the TTM average operating margin for BHP Group Limited (BHP)?
- The TTM average operating margin for BHP stock is 39.58%.
- What is the 3Y average operating margin for BHP Group Limited (BHP)?
- The 3Y average operating margin for BHP stock is 38.05%.
- What is the 5Y average operating margin for BHP Group Limited (BHP)?
- The 5Y average operating margin for BHP stock is 41.66%.
- What is the 10Y average operating margin for BHP Group Limited (BHP)?
- The 10Y average operating margin for BHP stock is 39.33%.
- What is the 15Y average operating margin for BHP Group Limited (BHP)?
- The 15Y average operating margin for BHP stock is 40.11%.
- What is the 20Y average operating margin for BHP Group Limited (BHP)?
- The 20Y average operating margin for BHP stock is 39.80%.
BHP Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 42.85% |
| 2025-06-30 | 39.63% |
| 2024-12-31 | 36.25% |
| 2024-06-30 | 44.80% |
| 2023-12-31 | 17.64% |
| 2023-06-30 | 43.47% |
| 2022-12-31 | 41.69% |
| 2022-06-30 | 55.70% |
| 2021-12-31 | 48.15% |
| 2021-06-30 | 47.25% |
| 2020-12-31 | 40.89% |
| 2020-06-30 | 29.41% |
| 2019-12-31 | 37.02% |
| 2019-06-30 | 37.56% |
| 2018-12-31 | 35.07% |
| 2018-06-30 | 38.84% |
| 2017-12-31 | 34.70% |
| 2017-06-30 | 39.74% |
| 2016-12-31 | 31.37% |
| 2016-06-30 | 5.17% |
| 2015-12-31 | -44.04% |
| 2015-06-30 | 3.71% |
| 2014-12-31 | 31.54% |
| 2014-06-30 | 3.70% |
| 2013-12-31 | 31.54% |
| 2013-06-30 | 33.83% |
| 2012-12-31 | 49.49% |
| 2012-06-30 | 50.02% |
| 2011-12-31 | 55.70% |
| 2011-06-30 | 44.35% |
| 2010-12-31 | 44.35% |
| 2010-06-30 | 37.94% |
| 2009-12-31 | 37.94% |
| 2009-06-30 | 24.22% |
| 2008-12-31 | 24.22% |
| 2008-06-30 | 40.60% |
| 2007-12-31 | 40.60% |
| 2007-06-30 | 46.59% |
| 2006-12-31 | 46.59% |
| 2006-06-30 | 45.63% |
| 2005-12-31 | 45.63% |
| 2005-06-30 | 25.11% |
| 2004-12-31 | 25.11% |
| 2004-06-30 | 15.24% |
| 2003-12-31 | 15.24% |
| 2003-06-30 | 17.29% |
| 2002-12-31 | 17.29% |
| 2002-06-30 | 18.19% |
| 2001-12-31 | 18.19% |
| 2001-06-30 | 5.74% |
| 2000-12-31 | 5.74% |
| 2000-06-30 | -8.93% |
| 1999-12-30 | -8.93% |
| 1999-05-31 | -21.34% |
| 1998-11-30 | -21.34% |
| 1998-05-31 | -17.81% |
| 1997-11-30 | -17.81% |
| 1997-05-31 | -3.08% |
| 1996-11-30 | -3.08% |
| 1996-05-31 | 5.80% |
| 1995-11-30 | 5.80% |
| 1995-05-31 | 11.82% |
| 1994-11-30 | 11.82% |
| 1994-05-31 | 9.73% |
| 1993-11-30 | 9.73% |
| 1993-05-31 | 5.98% |
| 1992-11-30 | 5.98% |
| 1992-05-31 | 5.95% |
| 1991-11-30 | 5.95% |
| 1991-05-31 | 0.66% |
| 1990-11-30 | 0.66% |
| 1990-05-31 | 9.47% |
| 1989-11-30 | 9.47% |
| 1989-05-31 | 10.08% |
| 1988-11-30 | 10.08% |
| 1988-05-31 | -8.33% |
| 1987-11-30 | -8.33% |
| 1987-05-31 | 7.89% |
| 1986-11-30 | 7.89% |
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