profit from every A$100 of sales.

Mineral Resources
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
You pay A$77.79 for every A$1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Mineral Resources sold, what it kept, and what it did with the cash.
Sales went from A$3.73 billion in 2021 to A$5.26 billion in 2024, with A$125 million of profit last year.
Mineral Resources vs. similar companies
Mineral Resources grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
Mineral Resources | 77.8× · Very expensive | ||
BHP Group | 22.9× · Fair price | ||
Rio Tinto Group | 13.8× · Cheap | ||
Grupo México, S.A.B. de C.V. | 18.9× · Fair price | ||
Glencore | 217.2× · Very expensive |
AI analysis
An AI analyst reads Mineral Resources's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 3,734 | 3,418 | 4,779 | 5,259 | |
| 3,508 | 2,898 | 4,110 | 3,857 | |
| 1,628 | 632 | 1,103 | 614 | |
| 2,147 | 955 | 1,034 | 977 | |
| 1,270 | 349 | 243 | 125 | |
| 6.73 | 1.85 | 1.26 | 0.64 | |
| 94.0% | 84.8% | 86.0% | 73.3% | |
| 43.6% | 18.5% | 23.1% | 11.7% | |
| 34.0% | 10.2% | 5.1% | 2.4% |
Balance sheet
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 5,853 | 7,811 | 8,395 | 12,232 |
| Cash | 1,542 | 2,428 | 1,379 | 908 |
| Total debt | 1,262 | 3,126 | 3,234 | 5,336 |
| Total liabilities | 2,607 | 4,540 | 4,873 | 8,648 |
| 3,204 | 3,227 | 3,475 | 3,545 | |
| 189 | 189 | 193 | 197 | |
| 29.6% | 6.6% | 6.1% | 2.8% | |
| 39.6% | 10.8% | 7.0% | 3.5% |
Cash flow
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| – | – | – | – | |
| 760 | 1,000 | 1,821 | 3,764 | |
| 550 | -720 | -467 | -2,315 | |
| Dividends paid | 325 | 324 | 402 | 170 |
| 20 | 20 | 3 | – | |
| – | – | – | – |
Valuation
- 77.8×
- –
- –
- 3.6×
- 1.8×
- –
- 14.5×
- -23.8%
- 1.3%
- 1.7%
Profitability
- 73.3%
- 11.7%
- 2.4%
- –
- 2.8%
- 11.3%
- –
- –
- –
- –
Growth
- +12.1%
- −54.5%
- –
- –
- +1.4%
Financial health
- 4.5×
- 1.51
- –
- 1.4×
- 1.07
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
136.0% of its profit
Room to growStretchedMore than it earnsNews
What iShares MSCI USA Min Vol Factor ETF (USMV) Bought: Microsoft Leads on Nov. 9Yahoo Finance · Nov 11, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Mineral Resources
Is Mineral Resources a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Mineral Resources AI analysis
What does Mineral Resources do?
Mineral Resources Limited, together with subsidiaries, provides mining services in Australia, Asia, and internationally. It operates through Mining Services, Iron Ore, Lithium, and Energy and Other segments. It is in Other Industrial Metals & Mining, based in Osborne Park, WA, Australia.
Does Mineral Resources pay a dividend?
Yes. At today's price the dividend is 1.7% a year, about 136% of its yearly profit. In 2024 it paid out A$170 million in dividends.
Is Mineral Resources stock halal?
No. Mineral Resources does not pass our halal screen: its debt is 55% of its market value, at or above the 33% limit. How we check
How has Mineral Resources stock done over the past year?
Up 0.2% over the past twelve months, to A$48.96. It traded between A$42.36 and A$74.33 and is 34.1% below its high.
Who are Mineral Resources's competitors?
The largest listed companies in the same industry are BHP Group, Rio Tinto Group, Grupo México, S.A.B. de C.V. and Glencore. The peers table on this page compares their profit, growth and price with Mineral Resources's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.



