BHP vs FCX
BHP Group Ltd. and Freeport-mcmoran Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BHP | FCX |
|---|---|---|
| Revenue | $51.3B | $25.9B |
| Net income | $9.0B | $4.2B |
| Gross margin | · | 28.2% |
| Net margin | 21.7% | 16.0% |
| Return on equity | 19.5% | · |
| Diluted EPS | $1.77 | · |
| Dividend / share | $1.24 | $0.60 |
| Payout ratio | 69.7% | · |
| Free cash flow | $9.3B | $1.1B |
| Equity | $47.7B | $18.9B |
| Net debt / equity | 0.20× | 0.29× |
| Current ratio | 1.46× | 2.29× |
| Revenue CAGR 5y | 5.7% | 12.8% |
| Profit CAGR 5y | 2.5% | 36.9% |
BHP bills 2.0× the revenue of FCX, and keeps more of each dollar of revenue as profit (21.7% against 16.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BHP | FCX |
|---|---|---|
| FY2024 | $51.3B | $25.5B |
| FY2023 | $55.7B | $22.9B |
| FY2022 | $53.8B | $23.3B |
| FY2021 | $65.1B | $22.8B |
| FY2020 | $56.9B | $14.2B |
| FY2019 | $38.9B | $14.4B |
| FY2018 | $44.3B | $18.9B |
| FY2017 | $43.1B | $16.4B |
| FY2016 | $35.7B | $14.8B |
| FY2015 | $28.6B | $14.6B |
Bottom line
| Fiscal year | BHP | FCX |
|---|---|---|
| FY2024 | $9.0B | $4.4B |
| FY2023 | $7.9B | $3.8B |
| FY2022 | $12.9B | $4.5B |
| FY2021 | $30.9B | $5.4B |
| FY2020 | $11.3B | $865.0M |
| FY2019 | $8.0B | $-189.0M |
| FY2018 | $8.3B | $2.9B |
| FY2017 | $3.7B | $2.1B |
| FY2016 | $5.9B | $-4.0B |
| FY2015 | $-6.4B | $-12.1B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +$25,807,000,000 | BHP |
| FY2023 | +$32,803,000,000 | BHP |
| FY2022 | +$30,546,000,000 | BHP |
| FY2021 | +$42,253,000,000 | BHP |
| FY2020 | +$42,723,000,000 | BHP |
| FY2019 | +$24,522,000,000 | BHP |
| FY2018 | +$25,343,000,000 | BHP |
| FY2017 | +$26,726,000,000 | BHP |
| FY2016 | +$20,910,000,000 | BHP |
| FY2015 | +$13,960,000,000 | BHP |
BHP has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +4.5 pp | BHP |
| FY2023 | +0.8 pp | BHP |
| FY2022 | +7.4 pp | BHP |
| FY2021 | +27.3 pp | BHP |
| FY2020 | +17.5 pp | BHP |
| FY2019 | +23.8 pp | BHP |
| FY2018 | +5.5 pp | BHP |
| FY2017 | −1.6 pp | FCX |
| FY2016 | +44.5 pp | BHP |
| FY2015 | +61.0 pp | BHP |
The higher net margin has changed hands between BHP and FCX over this period.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FCX's net margin has been more volatile than BHP's over the 10 comparable fiscal years — 30.8 percentage points of standard deviation against 16.8.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BHP and FCX over these 10 fiscal years — BHP led in 9 and FCX in 1.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.