BHP Historical Income Statement
| BHP Stock | USD 52.65 0.85 1.64% |
Historical analysis of BHP Group income statement accounts such as Interest Expense of 2.3 B, Selling General Administrative of 3.7 B or Total Revenue of 36 B can show how well BHP Group Limited performed in making a profits. Evaluating BHP Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BHP Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining BHP Group Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BHP Group Limited is a good buy for the upcoming year.
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About BHP Income Statement Analysis
BHP Group Limited Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to BHP Group shareholders. The income statement also shows BHP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
BHP Group Income Statement Chart
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Total Revenue
Total revenue comprises all receipts BHP Group Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BHP Group Limited minus its cost of goods sold. It is profit before BHP Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BHP Group Limited. It is also known as BHP Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from BHP Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BHP Group Limited current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, BHP Group's Net Income From Continuing Ops is relatively stable compared to the past year. As of 12/01/2024, Tax Provision is likely to grow to about 6.7 B, while Other Operating Expenses is likely to drop slightly above 20.4 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 39.7B | 27.7B | 40.5B | 42.6B | Total Revenue | 65.1B | 53.8B | 55.7B | 36.0B |
BHP Group income statement Correlations
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BHP Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BHP Group income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 6.1B | 5.1B | 5.6B | 5.1B | 5.3B | 5.6B | |
| Interest Expense | 1.2B | 722M | 626M | 1.1B | 2.2B | 2.3B | |
| Selling General Administrative | 3.6B | 4.4B | 4.6B | 4.9B | 5.1B | 3.7B | |
| Total Revenue | 42.9B | 56.9B | 65.1B | 53.8B | 55.7B | 36.0B | |
| Gross Profit | 20.4B | 34.0B | 39.7B | 27.7B | 40.5B | 42.6B | |
| Other Operating Expenses | 27.2B | 24.6B | 32.1B | 31.8B | 38.1B | 20.4B | |
| Operating Income | 15.7B | 32.3B | 33.0B | 22.1B | 17.5B | 13.2B | |
| Ebit | 15.7B | 24.7B | 33.0B | 21.9B | 18.2B | 13.0B | |
| Ebitda | 21.8B | 29.8B | 38.6B | 27.0B | 23.5B | 14.7B | |
| Cost Of Revenue | 22.5B | 22.9B | 25.4B | 26.2B | 15.1B | 18.8B | |
| Total Operating Expenses | 4.7B | 1.7B | 6.7B | 5.6B | 23.0B | 24.2B | |
| Income Before Tax | 13.5B | 24.2B | 32.5B | 21.0B | 16.0B | 10.8B | |
| Total Other Income Expense Net | (2.2B) | (1.2B) | (1.6B) | (1.0B) | (1.5B) | (1.6B) | |
| Net Income | 8.0B | 11.3B | 22.7B | 12.9B | 7.9B | 6.7B | |
| Income Tax Expense | 4.8B | 10.6B | 10.7B | 7.1B | 6.4B | 3.7B | |
| Net Income Applicable To Common Shares | 8.0B | 11.3B | 30.9B | 12.9B | 14.9B | 9.8B | |
| Extraordinary Items | (5.2B) | (335M) | 108M | (225M) | 10.7B | 0.0 | |
| Minority Interest | 4.3B | 4.3B | (2.2B) | (1.4B) | (1.7B) | (1.6B) | |
| Selling And Marketing Expenses | 1.8B | 1.9B | 2.3B | 2.3B | 2.3B | 3.0B | |
| Discontinued Operations | (335M) | 108M | (225M) | 10.7B | 12.3B | 12.9B | |
| Net Income From Continuing Ops | 8.7B | 13.5B | 22.4B | 14.3B | 9.6B | 10.5B | |
| Tax Provision | 4.8B | 11.2B | 10.7B | 7.1B | 6.4B | 6.7B | |
| Interest Income | 445M | 73M | 81M | 224M | 709M | 384.6M | |
| Net Interest Income | (1.7B) | (886M) | (969M) | (1.6B) | (1.5B) | (1.6B) | |
| Reconciled Depreciation | 6.1B | 6.8B | 5.7B | 5.1B | 5.3B | 4.9B |
Pair Trading with BHP Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BHP Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BHP Group will appreciate offsetting losses from the drop in the long position's value.Moving together with BHP Stock
| 0.94 | VALE | Vale SA ADR Sell-off Trend | PairCorr |
Moving against BHP Stock
The ability to find closely correlated positions to BHP Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BHP Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BHP Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BHP Group Limited to buy it.
The correlation of BHP Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BHP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BHP Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BHP Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for BHP Stock Analysis
When running BHP Group's price analysis, check to measure BHP Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BHP Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.