BHP Posts Record Profit on Copper Price Surge

BHP delivered its highest shareholder return in four years after its full-year profit increased by 9% to US$9.8 billion, driven by a surge in copper prices.

The company's cash flow rose 17% to US$21.8 billion and underlying EBITDA increased 27% to US$32.9 billion.

BHP's total payout across the interim and final dividend was up 56% year-on-year, with a final dividend of US99c per share representing a payout of US$5 billion or 72% of earnings.

The copper segment delivered underlying EBITDA of US$18.2 billion in FY26, up 48%, after a 35% rise in average realised prices to US$5.74/lb.