SECTOR SYSTEM / 6 COVERED ISSUERS
Mining and industrial-materials businesses depend on commodity cycles, capacity, input costs and capital discipline.
Volumes, realized prices, reinvestment and through-cycle cash generation.
Commodity pricing, production disruption, reserve quality, energy costs and capital execution.
Sector medians are descriptive, not fair-value estimates. Dated company ratios use annual denominators and differ in fiscal year end. Historical-multiple series are unavailable. Sources and exclusions are visible on company profiles.
Across 2 eligible materials companies, the equal-weight median capital expenditure as a share of revenue was 11.31% for the prior selected annual periods.
Across 2 eligible materials companies, the equal-weight median capital expenditure as a share of revenue was 12.68% for the latest selected annual periods.
Across 6 eligible materials companies, the equal-weight median operating cash-flow margin was 31.57% for the prior selected annual periods.
Across 6 eligible materials companies, the equal-weight median operating cash-flow margin was 32.93% for the latest selected annual periods.
Across 6 eligible materials companies, the equal-weight median equity as a share of assets was 48.27% for the prior selected annual periods.
Across 6 eligible materials companies, the equal-weight median equity as a share of assets was 46.30% for the latest selected annual periods.
Across 6 eligible materials companies, the equal-weight median net margin was 18.91% for the prior selected annual periods.
Across 6 eligible materials companies, the equal-weight median net margin was 21.02% for the latest selected annual periods.
Across 6 eligible materials companies, the equal-weight median revenue growth was 5.79% for the prior selected annual periods.
Across 6 eligible materials companies, the equal-weight median revenue growth was 5.19% for the latest selected annual periods.
BHP Group Ltd
A two-period review of BHP revenue, profitability and cash conversion; reported revenue growth was -7.90%.
BHP Group Ltd
Annual revenue of USD 51.262 billion and net income of USD 11.143 billion for the period ended 2025-06-30.
FREEPORT-MCMORAN INC
Annual revenue of USD 25.186 billion and net income of USD 4.152 billion for the period ended 2025-12-31.
LINDE PLC
A two-period review of LIN revenue, profitability and cash conversion; reported revenue growth was 2.97%.
LINDE PLC
Annual revenue of USD 33.986 billion and net income of USD 6.898 billion for the period ended 2025-12-31.
Sector research
A research framework for 6 covered materials issuers, with explicit attention to financial comparability.