BHP vs NEM
BHP Group Ltd. and Newmont Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BHP | NEM |
|---|---|---|
| Revenue | $51.3B | $22.7B |
| Net income | $9.0B | $7.1B |
| Gross margin | · | 64.3% |
| Net margin | 21.7% | 31.6% |
| Return on equity | 19.5% | 22.2% |
| Diluted EPS | $1.77 | $6.39 |
| Dividend / share | $1.24 | $1.00 |
| Payout ratio | 69.7% | 15.6% |
| Free cash flow | $9.3B | $7.3B |
| Equity | $47.7B | $33.9B |
| Net debt / equity | 0.20× | −0.07× |
| Current ratio | 1.46× | 2.29× |
| Revenue CAGR 5y | 5.7% | 14.5% |
| Profit CAGR 5y | 2.5% | 20.2% |
BHP bills 2.3× the revenue of NEM, and NEM keeps more of each dollar of revenue as profit (31.6% against 21.7%).
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 | NEM |
|---|---|---|
| FY2024 | $51.3B | $18.7B |
| FY2023 | $55.7B | $11.8B |
| FY2022 | $53.8B | $11.9B |
| FY2021 | $65.1B | $12.2B |
| FY2020 | $56.9B | $11.5B |
| FY2019 | $38.9B | $9.7B |
| FY2018 | $44.3B | $7.3B |
| FY2017 | $43.1B | $7.4B |
| FY2016 | $35.7B | $6.7B |
| FY2015 | $28.6B | $6.1B |
Bottom line
| Fiscal year | BHP | NEM |
|---|---|---|
| FY2024 | $9.0B | $3.3B |
| FY2023 | $7.9B | $-2.5B |
| FY2022 | $12.9B | $-429.0M |
| FY2021 | $30.9B | $1.2B |
| FY2020 | $11.3B | $2.8B |
| FY2019 | $8.0B | $2.8B |
| FY2018 | $8.3B | $341.0M |
| FY2017 | $3.7B | $-114.0M |
| FY2016 | $5.9B | $-629.0M |
| FY2015 | $-6.4B | $220.0M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +$32,580,000,000 | BHP |
| FY2023 | +$43,846,000,000 | BHP |
| FY2022 | +$41,902,000,000 | BHP |
| FY2021 | +$52,876,000,000 | BHP |
| FY2020 | +$45,424,000,000 | BHP |
| FY2019 | +$29,184,000,000 | BHP |
| FY2018 | +$37,035,000,000 | BHP |
| FY2017 | +$35,750,000,000 | BHP |
| FY2016 | +$29,060,000,000 | BHP |
| FY2015 | +$22,482,000,000 | 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 14 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | +3.6 pp | BHP |
| FY2023 | +38.1 pp | BHP |
| FY2022 | +29.7 pp | BHP |
| FY2021 | +48.9 pp | BHP |
| FY2020 | −0.6 pp | NEM |
| FY2019 | −7.2 pp | NEM |
| FY2018 | +15.5 pp | BHP |
| FY2017 | +12.7 pp | BHP |
| FY2016 | +31.5 pp | BHP |
| FY2015 | −26.7 pp | NEM |
The higher net margin has changed hands between BHP and NEM over this period.
10 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BHP's net margin has been more volatile than NEM's over the 10 comparable fiscal years — 16.8 percentage points of standard deviation against 15.2.
10 of 14 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 NEM over these 10 fiscal years — BHP led in 7 and NEM in 3.
10 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BHP's return on equity has been more volatile than NEM's over the 10 comparable fiscal years — 18.1 percentage points of standard deviation against 8.2.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BHP and NEM over these 10 fiscal years — BHP led in 8 and NEM in 2.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.