Bhp (BHP) Change in Working Capital (2022 - 2025)
Bhp (BHP) reported Change in Working Capital of $802.0 million for Q4 2025, up 45.03% on a YoY basis from $553.0 million in Q4 2024, and up 15.4% quarter-over-quarter from $695.0 million in Q2 2025.
Bhp (BHP) Change in Working Capital (2022 - 2025) Analysis & Trends
Bhp has reported Change in Working Capital for 4 years, with the latest figure at $802.0 million in Q4 2025.
- For the quarter ending Q4 2025, Change in Working Capital rose 45.03% year-over-year to $802.0 million; the trailing twelve-month figure through Dec 2025 stood at $802.0 million (up 45.03% YoY), and the FY2025 full-year result was $695.0 million, up 105.62% from the prior year.
- Change in Working Capital for Q4 2025 stood at $802.0 million, up from $695.0 million in the prior quarter.
- The five-year high for Change in Working Capital was $802.0 million in Q4 2025, with the low at $149.0 million in Q4 2022.
- Historically, Change in Working Capital has averaged $390.9 million across 4 years, with a median of $289.0 million in 2023.
- Annual changes were most pronounced in 2023 — Change in Working Capital changed 0.0% — and 2024, when it soared 130.42%.
- Bhp's Change in Working Capital stood at $149.0 million in 2022, then jumped by 61.07% to $240.0 million in 2023, then soared by 130.42% to $553.0 million in 2024, then jumped by 45.03% to $802.0 million in 2025.
- The last three Change in Working Capital figures came in at $802.0 million (Q4 2025), $695.0 million (Q2 2025), and $553.0 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | 802.00 Mn |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | -1.40 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | - |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | - |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 347,000.00 |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 802.00 Mn |
| Dec 31, 2025 | 802.00 Mn |
| Jun 30, 2025 | 695.00 Mn |
| Jun 30, 2025 | 695.00 Mn |
| Dec 31, 2024 | 553.00 Mn |
| Dec 31, 2024 | 553.00 Mn |
| Jun 30, 2024 | 338.00 Mn |
| Jun 30, 2024 | 338.00 Mn |
| Dec 31, 2023 | 240.00 Mn |
| Dec 31, 2023 | 240.00 Mn |
| Jun 30, 2023 | 175.00 Mn |
| Jun 30, 2023 | 175.00 Mn |
| Dec 31, 2022 | 149.00 Mn |
| Dec 31, 2022 | 149.00 Mn |
| Jun 30, 2022 | 175.00 Mn |
| Jun 30, 2022 | 175.00 Mn |