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Sirius Investors

Market Capitalization & Enterprise Value

Research-grade valuation history for BHP. Track market capitalization versus enterprise value to see the impact of net debt and share changes. Use the interactive chart to explore different horizons; the table updates accordingly to support auditability and export.

Market Cap & Enterprise Value

Comparison of market capitalization and enterprise value over time

Market Cap

Market Capitalization = Stock Price × Number of Shares Outstanding. Represents the total value of a company's equity.
121.98B
16.0x increase over period
CAGR: +7.55%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.

Enterprise Value

Enterprise Value = Market Cap + Total Debt - Cash and Cash Equivalents. Represents the total value of a company including its debt.
134.58B
12.2x increase over period
CAGR: +6.77%
Compound Annual Growth Rate - The mean annual growth rate over time, accounting for compounding effects.

Market Cap History

Investor Valuation Insights

As of Dec 31, 2025

EV/EBITDA

Fair Range

11.37x

This is a common valuation range; compare to peers and growth outlook before concluding.

EV vs Market Cap Spread

12.60B

EV is +10.3% vs equity value

Capital Structure Signal

Net Debt Profile

EV premium trend: -34.9 pp vs earliest data

Additional Multiples

EV/Sales: 6.06x

Net Debt/EBITDA: 1.19x

Share count change in dataset: +38.72%

Interpretation guide: EV/EBITDA compares total firm value (debt + equity - cash) to operating earnings. Lower is usually cheaper, but always benchmark against peers, growth rate, margins, and cyclicality.

Market Cap & Enterprise Value Data

Free users can view the latest 3 records. Upgrade to see full history.

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DateMarket CapEnterprise ValueStock PriceShares
Jun 30, 2025121.98B134.58B$48.092.54B
Jun 30, 2024146.54B154.33B$57.712.54B
Jun 30, 2023151.35B161.27B$59.672.54B
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Jun 30, 2016
Jun 30, 2015
Jun 30, 2014
Jun 30, 2013
Jun 30, 2012
Jun 30, 2011
Jun 30, 2010
Jun 30, 2009
Jun 30, 2008
Jun 30, 2007
Jun 30, 2006
Jun 30, 2005
Jun 30, 2004
Jun 30, 2003
Jun 30, 2002
Jun 30, 2001
Jun 30, 2000
May 31, 1999
May 31, 1998
May 31, 1997
May 31, 1996
May 31, 1995
May 31, 1994
May 31, 1993
May 31, 1992
May 31, 1991
May 31, 1990
May 31, 1989
May 31, 1988
May 31, 1987

Enterprise Value Analysis

Price Change (Jun 2024 to Jun 2025)

The stock price has decreased from Jun 2024 to Jun 2025.
-16.67%

Recent Volatility

There have been some price fluctuations but not excessive over the last 5 periods, suggesting a moderate risk profile.
0.09

Risk-Adjusted Return

The stock's returns do not compensate for its risk level, suggesting a poor risk-reward profile.
-0.76

Market Cap Change (Jun 2024 to Jun 2025)

The company's market capitalization has decreased from Jun 2024 to Jun 2025.
-16.76%

Enterprise Value Change (Jun 2024 to Jun 2025)

The company's enterprise value has decreased from Jun 2024 to Jun 2025, suggesting a decline in the company's total economic value.
-12.79%

Market Cap vs. Enterprise Value

A higher enterprise value growth rate compared to market cap growth could indicate that the company is investing heavily in growth initiatives or taking on more debt.
EV Growth > Market Cap Growth

Market Cap CAGR

The Compound Annual Growth Rate (CAGR) of market capitalization represents the mean annual growth rate over the entire available history (39 periods), accounting for compounding effects.
7.55%

Enterprise Value CAGR

The Compound Annual Growth Rate (CAGR) of enterprise value represents the mean annual growth rate over the entire available history (39 periods), accounting for compounding effects.
6.77%