BHP's profit came to approximately 14.3 billion U.S. dollars in 2023, a decrease of around 56.7 percent when compared to the previous year. BHP (formerly known as BHP Billiton) is a British-Australian global mining company, headquartered in London and Melbourne. The company is one of the top global players in the mining and metals sector.
Mining company BHP
BHP’s profit peaked in 2022 at 33.1 billion U.S. dollars, a drastic increase from 13.5 billion U.S. dollars in 2021. In 2019, BHP employed 31,589 people globally, and around 21,000 of those employees were located in Australia. BHP is a mining, metals, and petroleum company, founded in 1885. BHP and Billiton merged in 2001 and current the headquarters are located in Melbourne, Australia. Billiton was originally a mining company, while BHP, short for Broken Hill Proprietary Company, began with a large silver and lead mine operation in Australia. The company is focused into ten different operational units and includes energy coal, iron ore, petroleum, and uranium. In 2019, the company produced 248.2 million metric tons of iron ore, and thus is one of the largest producers of iron ore in the world. One of its iron ore mines is located in Belo Horizonte, Brazil, known as the Samarco iron ore mine and pelletizing plant. In the same year, BHP produced some 23.2 million metric tons of energy coal and 41.1 million metric tons of metallurgical coal.
BHP's profit from 2006 to 2023*
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* Fiscal year ended on June 30. Profits attributable to members of BHP Billiton Group; from 2010 on profit after taxation from continuing operations.
This statistic was assembled using several BHP Billton annual reports.
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BHP. (August 22, 2023). BHP's profit from 2006 to 2023* (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/274229/profits-of-bhp-billiton-since-2006/
BHP. "BHP's profit from 2006 to 2023* (in million U.S. dollars)." Chart. August 22, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/274229/profits-of-bhp-billiton-since-2006/
BHP. (2023). BHP's profit from 2006 to 2023* (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/274229/profits-of-bhp-billiton-since-2006/
BHP. "Bhp's Profit from 2006 to 2023* (in Million U.S. Dollars)." Statista, Statista Inc., 22 Aug 2023, https://www.statista.com/statistics/274229/profits-of-bhp-billiton-since-2006/
BHP, BHP's profit from 2006 to 2023* (in million U.S. dollars) Statista, https://www.statista.com/statistics/274229/profits-of-bhp-billiton-since-2006/ (last visited August 25, 2024)
BHP's profit from 2006 to 2023* (in million U.S. dollars) [Graph], BHP, August 22, 2023. [Online]. Available: https://www.statista.com/statistics/274229/profits-of-bhp-billiton-since-2006/