BHP Group reports US$9.8 billion annual profit

BHP Group Ltd has demonstrated significant growth, with share prices increasing approximately 56% over the past 12 months. For the 2026 financial year, the mining giant reported an attributable profit of US$9.8 billion, representing a 9% increase from the previous year, while revenue rose 15% to US$58.8 billion.

Analysts highlight the company's strategic shift toward copper and other critical minerals to capitalize on global electrification and decarbonization trends. While iron ore remains a core component of its business, increasing copper exposure is viewed as a key driver for future performance. The company maintains a diversified portfolio including iron ore, coal, and minerals such as gold, uranium, and zinc.

BHP continues to be a significant component of the ASX 200 and is recognized for its dividend payments. The company reported a gross margin of 82.3% in its recent financial assessments.