v3.25.2
Earnings per share
 12 Months Ended
Jun. 30, 2025
Text block 1 [Abstract]  
Earnings per share
7 Earnings per share
 
    
2025
      2024      2023  
Earnings attributable to BHP shareholders (US$M)
   
 
9,019
 
      7,897        12,921  
Weighted average number of shares (Million)
         
- Basic
   
 
5,073
 
      5,068        5,064  
- Diluted
   
 
5,083
 
      5,077        5,073  
Earnings per ordinary share (US cents)
         
- Basic
   
 
177.8
 
      155.8        255.2  
- Diluted
   
 
177.4
 
      155.5        254.7  
Headline earnings per ordinary share (US cents)
         
- Basic
   
 
182.4
 
      195.9        256.1  
- Diluted
   
 
182.0
 
      195.6        255.7  
Earnings on American Depositary Shares represent twice the earnings for BHP Group Limited ordinary shares.
Headline earnings is a Johannesburg Stock Exchange defined performance measure and is reconciled from earnings attributable to ordinary shareholders as follows:
 
    
2025
      2024     2023  
    
US$M
      US$M     US$M  
Earnings attributable to BHP shareholders
   
 
9,019
 
      7,897       12,921  
Adjusted for:
        
(Gain)/loss on sales of property, plant and equipment, intangibles and investments
   
 
(3
)
      (29 )      (9 ) 
Impairments of property, plant and equipment and intangibles net of reversals
   
 
154
 
      3,905       75  
Loss/(gain) on disposal of subsidiaries and operations
   
 
117
 
      (915 )      –  
Tax effect of above adjustments
   
 
(34
)
 
      (928 )      (17 ) 
  
 
 
     
 
 
    
 
 
  
Subtotal of adjustments
   
 
234
 
      2,033       49  
  
 
 
     
 
 
    
 
 
  
Headline earnings
   
 
9,253
 
      9,930       12,970  
  
 
 
     
 
 
    
 
 
  
Diluted headline earnings
   
 
9,253
 
      9,930       12,970  
  
 
 
     
 
 
    
 
 
  
Recognition and measurement
Diluted earnings attributable to BHP shareholders are equal to earnings attributable to BHP shareholders.
The calculation of the number of ordinary shares used in the computation of basic earnings per share is the weighted average number of ordinary shares of BHP Group Limited outstanding during the period after deduction of the number of shares held by the BHP Group Limited Employee Equity Trust.
For the purposes of calculating diluted earnings per share, the effect of 10 million dilutive shares has been taken into account for the year ended 30 June 2025 (2024: 9 million shares; 2023: 9 million shares). The Group’s only potential dilutive ordinary shares are share awards granted under employee share ownership plans for which terms and conditions are described in note 26 ‘Employee share ownership plans’. Diluted earnings per share calculation excludes instruments which are considered antidilutive.
At 30 June 2025, there are no instruments which are considered antidilutive (2024: nil; 2023: nil).