## BHP Group Limited HY2026 Results Summary
**Strong Performance Driven by Copper and Operational Excellence**
BHP Group Limited reported robust half-year results for HY2026, highlighting significant growth in copper production and earnings, operational excellence, and strong cash flows.
**Key Highlights**
* **Copper Dominates Earnings** Copper contributed a record 51% of Group Underlying EBITDA, reaching US$8.0 billion, driven by strong performance at Escondida and other operations.
* **Production Growth** Copper production increased by ~30% in the last four years, with FY26 guidance raised to 1.9 - 2.0 Mt.
* **Operational Excellence** Record performance across many assets, including Escondida and WAIO, with improved safety metrics and cost control.
* **Strong Financials**
* Underlying EBITDA increased 25% to US$15.5 billion.
* Underlying Attributable Profit rose 22% to US$6.2 billion.
* Net operating cash flow grew 13% to US$9.4 billion.
* **Dividend and Shareholder Returns**
* Interim dividend of US 73 cents per share declared, reflecting strong performance and confidence in outlook.
* Over US$110 billion returned to shareholders since 2016.
* **Growth Pipeline**
* Four compelling copper growth options across Chile, Argentina, Arizona, and South Australia.
* Jansen Stage 1 potash project on track for first production in mid-CY27.
* **Sustainable Practices**
* Commitment to operational excellence, social value creation, and growth in copper and potash.
* Focus on productivitycost disciplineand low-cost portfolio.
**Looking Ahead**
BHP anticipates circa 3% global economic growth in CY26, with a supportive backdrop for key commodities. The company remains focused on its growth pipeline, operational excellence, and disciplined capital allocation to deliver resilient returns through the cycle.
**Key Metrics**
* **Revenue** US$27.9 billion (up 11%)
* **Underlying EBITDA** US$15.5 billion (up 25%)
* **Underlying Attributable Profit** US$6.2 billion (up 22%)
* **Net Operating Cash Flow** US$9.4 billion (up 13%)
* **Interim Dividend** US 73 cents per share (60% payout ratio)
**Overall, BHPs HY2026 results demonstrate strong operational and financial performance, driven by copper growth and a commitment to sustainable practices, positioning the company well for future growth and shareholder value creation.**