Tax Rate: 38.35%
Is the tax rate high or low?
The tax rate of 38.35% is in line with its 5-year average of 38.85%, around the middle of its 5-year range (30.01%–57.16%).
1.58% below its 12-month average of 38.96%.
BHP Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
BHP Average Tax Rate Chart
BHP Current vs Average Tax Rate Chart
BHP Tax Rate Metrics
TAX RATE
38.35%
TAX RATE AVG TTM
38.96%
TAX RATE AVG 3Y
39.21%
TAX RATE AVG 5Y
38.85%
TAX RATE AVG 10Y
36.60%
TAX RATE AVG 15Y
35.67%
TAX RATE AVG 20Y
34.89%
CURRENT VS TTM AVG
-1.58%
CURRENT VS 3Y AVG
-2.20%
CURRENT VS 5Y AVG
-1.29%
CURRENT VS 10Y AVG
+4.78%
CURRENT VS 15Y AVG
+7.51%
CURRENT VS 20Y AVG
+9.92%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for BHP Group Limited (BHP)?
- The tax rate for BHP stock is 38.35%.
- Is BHP Group Limited's tax rate high or low?
- The tax rate of 38.35% is in line with its 5-year average of 38.85%, around the middle of its 5-year range (30.01%–57.16%).
- What is the TTM average tax rate for BHP Group Limited (BHP)?
- The TTM average tax rate for BHP stock is 38.96%.
- What is the 3Y average tax rate for BHP Group Limited (BHP)?
- The 3Y average tax rate for BHP stock is 39.21%.
- What is the 5Y average tax rate for BHP Group Limited (BHP)?
- The 5Y average tax rate for BHP stock is 38.85%.
- What is the 10Y average tax rate for BHP Group Limited (BHP)?
- The 10Y average tax rate for BHP stock is 36.60%.
- What is the 15Y average tax rate for BHP Group Limited (BHP)?
- The 15Y average tax rate for BHP stock is 35.67%.
- What is the 20Y average tax rate for BHP Group Limited (BHP)?
- The 20Y average tax rate for BHP stock is 34.89%.
BHP Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 38.35% |
| 2025-06-30 | 39.51% |
| 2024-12-31 | 39.04% |
| 2024-06-30 | 34.57% |
| 2023-12-31 | 57.16% |
| 2023-06-30 | 35.85% |
| 2022-12-31 | 30.01% |
| 2022-06-30 | 30.99% |
| 2021-12-31 | 34.22% |
| 2021-06-30 | 43.35% |
| 2020-12-31 | 44.30% |
| 2020-06-30 | 38.01% |
| 2019-12-31 | 33.38% |
| 2019-06-30 | 38.44% |
| 2018-12-31 | 34.68% |
| 2018-06-30 | 35.25% |
| 2017-12-31 | 63.02% |
| 2017-06-30 | 35.25% |
| 2016-12-31 | 37.01% |
| 2016-06-30 | 337.00% |
| 2015-06-30 | 100.56% |
| 2014-12-31 | 42.93% |
| 2014-06-30 | 100.56% |
| 2013-12-31 | 42.93% |
| 2013-06-30 | 38.27% |
| 2012-12-31 | 29.64% |
| 2012-06-30 | 19.37% |
| 2011-12-31 | 33.29% |
| 2011-06-30 | 23.39% |
| 2010-12-31 | 23.39% |
| 2010-06-30 | 33.53% |
| 2009-12-31 | 33.53% |
| 2009-06-30 | 45.44% |
| 2008-12-31 | 45.44% |
| 2008-06-30 | 32.03% |
| 2007-12-31 | 32.03% |
| 2007-06-30 | 25.07% |
| 2006-12-31 | 25.07% |
| 2006-06-30 | 25.64% |
| 2005-12-31 | 25.64% |
| 2005-06-30 | 23.12% |
| 2004-12-31 | 23.12% |
| 2004-06-30 | 16.08% |
| 2003-12-31 | 16.08% |
| 2003-06-30 | 34.83% |
| 2002-12-31 | 34.83% |
| 2002-06-30 | 45.27% |
| 2001-12-31 | 45.27% |
| 2001-06-30 | 34.69% |
| 2000-12-31 | 34.69% |
| 2000-06-30 | 6.72% |
| 1999-12-30 | 6.72% |
| 1997-05-31 | 68.09% |
| 1996-11-30 | 68.09% |
| 1996-05-31 | 41.83% |
| 1995-11-30 | 41.83% |
| 1995-05-31 | 45.47% |
| 1994-11-30 | 45.47% |
| 1994-05-31 | 37.00% |
| 1993-11-30 | 37.00% |
| 1993-05-31 | 33.29% |
| 1992-11-30 | 33.29% |
| 1992-05-31 | 58.90% |
| 1991-11-30 | 58.90% |
| 1991-05-31 | 28.74% |
| 1990-11-30 | 28.74% |
| 1990-05-31 | 34.47% |
| 1989-11-30 | 34.47% |
| 1989-05-31 | 32.69% |
| 1988-11-30 | 32.69% |
| 1988-05-31 | 41.03% |
| 1987-11-30 | 41.03% |
| 1987-05-31 | 43.05% |
| 1986-11-30 | 43.05% |
Related Metrics
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