BHP Q4 2020 Earnings Report — BHP Group Limited Revenue & Financial Results | Market Cap Arena

BHP Group LimitedBHP

Q4 2020 Earnings

Reported September 22, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2020	Q3 2020	Q4 2019	QoQ Change	YoY Change
Revenue	$20.8B	—	$23.4B	—	-11.2%
Op. Income	$6.1B	—	$8.8B	—	-30.4%
Gross Margin	128.3%	—	124.5%	—	3.8pp
Net Margin	14.9%	—	19.4%	—	-4.6pp
EPS (Diluted)	$1.22	—	$1.80	—	-32.2%
Free Cash Flow	$4.4B	—	$6.5B	—	-32.3%

Revenue Flow

Item	Amount
REVENUE	$20.8B
Cost of Revenue	$5.9B
GROSS PROFIT	$26.6B
R&D Expenses	$0
Selling & Marketing	$2.0B
General & Administrative	$8.8B
SG&A Expenses	$10.8B
Other Expenses	-$2.0B
Operating Expenses	$8.8B
Cost & Expenses	$14.7B
OPERATING INCOME	$6.1B
Interest Income	$134M
Interest Expense	$403M
Other Income/Expenses	-$387M
INCOME BEFORE TAX	$5.7B
Income Tax Expense	$2.2B
Net Income from Continuing Ops	$3.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.1B
D&A	$2.4B
EBIT	$5.3B
EBITDA	$7.7B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$20.8B
Cost of Revenue	$5.9B
GROSS PROFIT	$26.6B
R&D Expenses	$0
Selling & Marketing	$2.0B
General & Administrative	$8.8B
SG&A Expenses	$10.8B
Other Expenses	-$2.0B
Operating Expenses	$8.8B
Cost & Expenses	$14.7B
OPERATING INCOME	$6.1B
Interest Income	$134M
Interest Expense	$403M
Other Income/Expenses	-$387M
INCOME BEFORE TAX	$5.7B
Income Tax Expense	$2.2B
Net Income from Continuing Ops	$3.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.1B
D&A	$2.4B
EBIT	$5.3B
EBITDA	$7.7B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3.1B
Depreciation & Amortization	$3.1B
Stock-Based Compensation	$129M
Deferred Income Tax	-$6.5B
Other Non-Cash Items	$1.3B
Change in Working Capital	$669M
OPERATING CASH FLOW	$8.3B
Capital Expenditure	-$3.8B
Acquisitions (Net)	$99M
Purchases of Investments	-$339M
Sales/Maturities of Investments	$0
Other Investing Activities	-$39M
NET CASH FROM INVESTING	-$3.9B
Net Debt Issuance	$0
Common Stock Repurchased	-$40M
Common Dividends Paid	-$1.5B
Other Financing Activities	-$1.8B
NET CASH FROM FINANCING	-$4.8B
FREE CASH FLOW	$4.4B
Net Change in Cash	-$895M

Balance Sheet

Item	Amount
Cash & Equivalents	$13.4B
Short-Term Investments	$36M
Net Receivables	$3.4B
Inventory	$4.1B
Other Current Assets	$541M
TOTAL CURRENT ASSETS	$21.5B
PP&E (Net)	$70.2B
Goodwill	$247M
Intangible Assets	$624M
Long-Term Investments	$5.4B
Tax Assets	$3.7B
Other Non-Current Assets	$3.1B
TOTAL NON-CURRENT ASSETS	$83.3B
TOTAL ASSETS	$104.8B
Account Payables	$5.8B
Short-Term Debt	$4.3B
Deferred Revenue	$97M
Other Current Liabilities	$3.9B
TOTAL CURRENT LIABILITIES	$14.8B
Long-Term Debt	$20.9B
Deferred Revenue NC	$210M
Deferred Tax Liabilities	$2.8B
Other Non-Current Liabilities	$14.3B
TOTAL NON-CURRENT LIABILITIES	$37.7B
TOTAL LIABILITIES	$52.5B
Common Stock	$2.2B
Additional Paid-In Capital	$518M
Retained Earnings	$43.5B
Treasury Stock	-$5M
Accum. Other Comp. Income	$1.8B
Other Equity	-$71M
TOTAL STOCKHOLDERS' EQUITY	$47.9B
Minority Interest	$4.3B
TOTAL EQUITY	$52.2B
TOTAL LIABILITIES & EQUITY	$104.8B
Total Debt	$27.0B
Net Debt	$13.6B