BHP Group vs Vale
BHP Group is the larger business, with $58.76bn of revenue in fiscal 2026 against $38.40bn for Vale (1.5 times as much). BHP Group grew faster (14.6% against 0.9%). BHP Group kept more of each dollar of sales as profit: a net margin of 16.7% against 6.1%. Vale carries less debt relative to equity (0.0% against 46.4%).
| Latest fiscal year | BHP GroupBHP, 2026 | ValeVALE, 2025 |
|---|---|---|
| Revenue | $58.76bn | $38.40bn |
| Revenue growth | 14.6% | 0.9% |
| Net income | $9.83bn | $2.35bn |
| Operating margin | 40.6% | 15.4% |
| Net margin | 16.7% | 6.1% |
| Return on equity | 19.9% | 7.0% |
| Free cash flow | $11.93bn | — |
| Cash | $18.53bn | $7.37bn |
| Total debt | $23.63bn | $0 |
| Debt to equity | 46.4% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $198.99bn | $46.94bn |
| Price vs our value range | Below our value range | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 1 sales | 11 buys, 3 sales |