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Rio Tinto Group (RIO) 10-Year Financial Performance & Capital Metrics

RIO • • Industrial / General
Basic MaterialsIndustrial MaterialsDiversified MiningGlobal Diversified Miners
AboutRio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining and processing of borates, titanium dioxide feedstock, and iron concentrate and pellets; diamond mining, sorting, and marketing; and development projects for battery materials, such as lithium. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.Show more
  • Revenue $53.66B -0.7%
  • EBITDA $20.72B -1.9%
  • Net Income $11.55B +14.9%
  • EPS (Diluted) 7.07 +14.8%
  • Gross Margin 56.43% +76.3%
  • EBITDA Margin 38.61% -1.2%
  • Operating Margin 29.17% +6.4%
  • Net Margin 21.53% +15.7%
  • ROE 20.21% +9.1%
  • ROIC 18.63% -0.5%
  • Debt/Equity 0.24 -6.2%
  • Interest Coverage 9.61 +26.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 20.5%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓Momentum leader: RS Rating 80 (top 20%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy dividend yield of 5.1%
  • ✓Healthy 5Y average net margin of 23.5%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.19%
5Y4.45%
3Y-5.46%
TTM-5.48%

Profit (Net Income) CAGR

10Y5.88%
5Y7.6%
3Y-18.21%
TTM-21.11%

EPS CAGR

10Y7.25%
5Y7.7%
3Y-18.27%
TTM-29.11%

ROCE

10Y Avg18.29%
5Y Avg22.28%
3Y Avg18.93%
Latest17.22%

Peer Comparison

Global Diversified Miners
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TECKTeck Resources Limited23.93B49.7963.8339.98%11.98%4.87%0.65%0.37
BHPBHP Group Limited162.48B63.9917.97-7.9%15.82%32.4%5.71%0.47
RIORio Tinto Group135.83B83.5911.82-0.71%19.42%33.83%4.4%0.24
VALEVale S.A.60.23B14.1110.30-8.92%14.72%12.89%4.79%0.51

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+34.83B33.78B40.03B40.52B43.16B44.61B63.49B55.55B54.04B53.66B
Revenue Growth %-0.27%-0.03%0.18%0.01%0.07%0.03%0.42%-0.13%-0.03%-0.01%
Cost of Goods Sold+16.82B15.53B15.81B16.56B16.41B15.48B18.56B21.28B36.74B23.38B
COGS % of Revenue0.48%0.46%0.39%0.41%0.38%0.35%0.29%0.38%0.68%0.44%
Gross Profit+18.01B18.25B24.22B23.96B26.75B29.13B44.93B34.27B17.3B30.28B
Gross Margin %0.52%0.54%0.61%0.59%0.62%0.65%0.71%0.62%0.32%0.56%
Gross Profit Growth %-0.36%0.01%0.33%-0.01%0.12%0.09%0.54%-0.24%-0.5%0.75%
Operating Expenses+28.49B27.25B27.44B27.32B27.92B26.88B33.41B35.67B2.48B14.63B
OpEx % of Revenue0.82%0.81%0.69%0.67%0.65%0.6%0.53%0.64%0.05%0.27%
Selling, General & Admin6.35B4.93B6.24B5.76B5.54B4.83B6.76B7.4B8.08B2.94B
SG&A % of Revenue0.18%0.15%0.16%0.14%0.13%0.11%0.11%0.13%0.15%0.05%
Research & Development104M60M58M45M45M45M65M76M245M398M
R&D % of Revenue0%0%0%0%0%0%0%0%0%0.01%
Other Operating Expenses26.15B25.22B22.73B20.58B22.33B22.01B26.59B28.19B-5.85B11.29B
Operating Income+3.62B6.79B14.13B17.69B15.9B16.83B29.82B19.93B14.82B15.65B
Operating Margin %0.1%0.2%0.35%0.44%0.37%0.38%0.47%0.36%0.27%0.29%
Operating Income Growth %-0.68%0.88%1.08%0.25%-0.1%0.06%0.77%-0.33%-0.26%0.06%
EBITDA+8.26B11.88B18.86B22.07B20.67B21.48B34.93B26.46B21.11B20.72B
EBITDA Margin %0.24%0.35%0.47%0.54%0.48%0.48%0.55%0.48%0.39%0.39%
EBITDA Growth %-0.49%0.44%0.59%0.17%-0.06%0.04%0.63%-0.24%-0.2%-0.02%
D&A (Non-Cash Add-back)4.64B5.09B4.72B4.39B4.77B4.65B5.11B6.53B6.29B5.07B
EBIT374M6.81B13.07B18.14B11.37B15.01B29.97B18.23B14.09B13.99B
Net Interest Income+-1.05B-1.04B-840M-609M-634M-507M-532M-1.69B-1.42B-1.11B
Interest Income52M89M141M249M300M141M64M179M532M24M
Interest Expense1.13B1.45B1.23B929M938M645M592M1.85B1.96B1.63B
Other Income/Expense-4.34B-452M-1.32B480M-347M-1.44B1.02B-1.27B-1.04B-38M
Pretax Income+-726M6.34B12.82B18.17B11.12B15.39B30.83B18.66B13.79B15.62B
Pretax Margin %-0.02%0.19%0.32%0.45%0.26%0.35%0.49%0.34%0.26%0.29%
Income Tax+993M1.57B3.96B4.24B4.15B4.99B8.26B5.59B3.83B4.04B
Effective Tax Rate %1.19%0.73%0.68%0.75%0.72%0.63%0.68%0.66%0.73%0.74%
Net Income+-866M4.62B8.76B13.64B8.01B9.77B21.11B12.39B10.06B11.55B
Net Margin %-0.02%0.14%0.22%0.34%0.19%0.22%0.33%0.22%0.19%0.22%
Net Income Growth %-1.13%6.33%0.9%0.56%-0.41%0.22%1.16%-0.41%-0.19%0.15%
Net Income (Continuing)-1.72B4.46B8.51B13.41B6.67B9.75B22.6B12.27B9.95B11.57B
Discontinued Operations0000000000
Minority Interest6.78B6.44B6.4B6.14B4.71B4.85B5.16B2.1B1.75B2.72B
EPS (Diluted)+-0.472.554.877.884.886.0012.957.606.167.07
EPS Growth %-1.13%6.43%0.91%0.62%-0.38%0.23%1.16%-0.41%-0.19%0.15%
EPS (Basic)-0.482.574.907.934.916.0413.037.656.207.12
Diluted Shares Outstanding1.82B1.81B1.8B1.73B1.64B1.63B1.63B1.63B1.63B1.63B
Basic Shares Outstanding1.82B1.8B1.79B1.72B1.63B1.62B1.62B1.62B1.62B1.62B
Dividend Payout Ratio-0.59%0.49%0.39%1.29%0.63%0.73%0.95%0.64%0.61%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+15.55B15.09B19.17B20.9B17.3B20.86B24.43B18.97B21.51B19.12B
Cash & Short-Term Investments9.59B8.56B11.63B13.46B10.7B13.23B15.35B8.94B10.79B7.2B
Cash Only9.37B8.2B10.55B10.77B8.03B10.38B12.81B6.78B9.67B6.83B
Short-Term Investments223M359M1.08B2.69B2.67B2.85B2.54B2.16B1.08B370M
Accounts Receivable2.3B3.29B3.29B3.07B2.92B3.4B3.12B3.37B2.46B3.52B
Days Sales Outstanding24.1535.5730.0327.6524.7327.8317.9222.1416.6223.95
Inventory3.17B2.94B3.47B3.45B3.46B3.92B5.44B6.21B6.66B5.86B
Days Inventory Outstanding68.7569.0380.1775.9877.0292.33106.9106.5566.1591.49
Other Current Assets1.28B1.03B1.47B1.68B836M990M938M1.22B1.05B1.82B
Total Non-Current Assets+76.01B74.18B76.55B70.05B70.5B76.53B78.46B77.77B82.04B83.67B
Property, Plant & Equipment61.06B58.85B62.09B56.36B57.37B62.88B64.93B64.73B66.47B69.14B
Fixed Asset Turnover0.57x0.57x0.64x0.72x0.75x0.71x0.98x0.86x0.81x0.78x
Goodwill892M951M1.04B912M922M946M879M826M797M727M
Intangible Assets3.34B3.28B3.12B2.78B2.64B2.75B2.83B3.65B2.41B2.24B
Long-Term Investments5.1B4.96B3.66B2B1.94B1.74B1.49B1.54B4.79B4.99B
Other Non-Current Assets2.32B2.4B3.25B4.86B4.53B4.83B4.96B4.26B3.95B2.56B
Total Assets+91.56B89.26B95.73B90.95B87.8B97.39B102.9B96.74B103.55B102.79B
Asset Turnover0.38x0.38x0.42x0.45x0.49x0.46x0.62x0.57x0.52x0.52x
Asset Growth %-0.15%-0.03%0.07%-0.05%-0.03%0.11%0.06%-0.06%0.07%-0.01%
Total Current Liabilities+10.16B9.4B11.35B10.87B11.13B11.61B12.63B11.6B12.74B11.74B
Accounts Payable2.57B2.79B3.25B3.18B2.85B3.12B3.41B3.27B3.27B3.2B
Days Payables Outstanding55.7165.575.1670.0963.4973.6467.0656.0632.4349.9
Short-Term Debt2.25B696M548M1.07B720M351M812M923M824M180M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K0
Other Current Liabilities2.92B3.6B4.95B4.19B4.39B4.58B4.4B3.54B6.13B7.43B
Current Ratio1.53x1.60x1.69x1.92x1.56x1.80x1.93x1.64x1.69x1.63x
Quick Ratio1.22x1.29x1.38x1.61x1.24x1.46x1.50x1.10x1.17x1.13x
Cash Conversion Cycle37.1939.135.0433.5438.2546.5257.7672.6350.3465.54
Total Non-Current Liabilities+37.28B34.13B33.26B30.26B31.43B33.88B33.68B32.87B34.47B33.08B
Long-Term Debt21.14B16.89B14.57B12.4B12.09B12.3B11.36B10.15B12.18B12.26B
Capital Lease Obligations45M24M49M39M1.01B945M1.04B908M1.01B1.06B
Deferred Tax Liabilities3.29B3.12B3.63B3.67B3.22B3.24B3.5B3.6B2.58B2.63B
Other Non-Current Liabilities16.09B17.22B18.64B13.9B14.91B17.19B17.58B18.1B18.59B17B
Total Liabilities47.44B43.53B44.61B41.13B42.56B45.49B46.31B44.47B47.21B44.82B
Total Debt+23.62B18.39B16.05B13.92B14.71B14.02B13.53B12.27B14.35B13.86B
Net Debt14.26B10.19B5.5B3.15B6.69B3.63B724M5.5B4.68B7.03B
Debt / Equity0.54x0.40x0.31x0.28x0.33x0.27x0.24x0.23x0.25x0.24x
Debt / EBITDA2.86x1.55x0.85x0.63x0.71x0.65x0.39x0.46x0.68x0.67x
Net Debt / EBITDA1.73x0.86x0.29x0.14x0.32x0.17x0.02x0.21x0.22x0.34x
Interest Coverage3.20x4.69x11.48x19.04x16.95x26.09x50.37x10.75x7.57x9.61x
Total Equity+44.13B45.73B51.12B49.82B45.24B51.9B56.59B52.27B56.34B57.97B
Equity Growth %-0.19%0.04%0.12%-0.03%-0.09%0.15%0.09%-0.08%0.08%0.03%
Book Value per Share24.1825.2828.4128.7727.5531.8734.7432.0834.5335.49
Total Shareholders' Equity37.35B39.29B44.71B43.69B40.53B47.05B51.43B50.17B54.59B55.25B
Common Stock4.17B4.14B4.36B3.69B3.65B3.99B3.78B3.54B3.58B3.27B
Retained Earnings19.74B21.63B23.76B27.02B23.39B26.79B33.34B34.51B38.35B42.54B
Treasury Stock0000000000
Accumulated OCI-47.39B-50.86B-56.06B-50.05B9.18B11.96B10B7.8B8.33B0
Minority Interest6.78B6.44B6.4B6.14B4.71B4.85B5.16B2.1B1.75B2.72B

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+9.38B8.46B13.88B11.82B14.91B15.88B25.34B16.13B15.16B15.6B
Operating CF Margin %0.27%0.25%0.35%0.29%0.35%0.36%0.4%0.29%0.28%0.29%
Operating CF Growth %-0.34%-0.1%0.64%-0.15%0.26%0.06%0.6%-0.36%-0.06%0.03%
Net Income-1.72B4.78B8.85B13.93B6.97B10.4B22.57B13.08B9.95B11.55B
Depreciation & Amortization4.64B4.79B4.38B4.01B4.38B4.28B4.7B5.01B5.33B5.92B
Stock-Based Compensation134M125M98M122M123M138M126M122M00
Deferred Taxes-139M-548M695M516M-289M-178M114M735M00
Other Non-Cash Items4.96B-409M64M-6.22B3.69B1.52B-1.09B-2.34B799M-1.93B
Working Capital Changes1.5B-273M-199M-532M28M-285M-1.08B-465M-926M57M
Change in Receivables1.4B-794M-138M-421M163M-562M-367M20M-418M-202M
Change in Inventory526M292M-482M-587M28M-281M-1.4B-1.19B-422M205M
Change in Payables-431M229M421M476M-191M558M685M700M-86M0
Cash from Investing+-4.6B-2.1B-2.37B1.32B-5.5B-6.56B-7.16B-6.71B-6.96B-9.59B
Capital Expenditures-4.68B-3.01B-4.48B-5.43B-5.49B-6.19B-7.38B-6.75B-7.09B-9.62B
CapEx % of Revenue0.13%0.09%0.11%0.13%0.13%0.14%0.12%0.12%0.13%0.18%
Acquisitions----------
Investments----------
Other Investing99M366M120M585M60M-392M146M51M65M166M
Cash from Financing+-7.67B-7.49B-9.14B-12.95B-12.22B-7.13B-15.86B-15.47B-5.28B-7.09B
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-4.08B-2.73B-4.25B-5.36B-10.33B-6.13B-15.36B-11.73B-6.47B-7.03B
Share Repurchases----------
Other Financing115M182M-31M37M-210M-194M72M-2.9B-330M530M
Net Change in Cash----------
Free Cash Flow+4.7B5.45B9.4B6.39B9.42B9.69B17.96B9.38B8.07B5.98B
FCF Margin %0.13%0.16%0.23%0.16%0.22%0.22%0.28%0.17%0.15%0.11%
FCF Growth %-0.23%0.16%0.72%-0.32%0.47%0.03%0.85%-0.48%-0.14%-0.26%
FCF per Share2.573.025.223.695.745.9511.035.764.953.66
FCF Conversion (FCF/Net Income)-10.83x1.83x1.58x0.87x1.86x1.63x1.20x1.30x1.51x1.35x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-1.75%10.28%18.09%27.02%16.85%20.11%38.92%22.77%18.52%20.21%
Return on Invested Capital (ROIC)4.31%8.92%18.84%24.21%22.74%23.49%39.63%25.98%18.72%18.63%
Gross Margin51.71%54.03%60.51%59.14%61.98%65.29%70.77%61.69%32.01%56.43%
Net Margin-2.49%13.67%21.89%33.66%18.56%21.9%33.25%22.31%18.61%21.53%
Debt / Equity0.54x0.40x0.31x0.28x0.33x0.27x0.24x0.23x0.25x0.24x
Interest Coverage3.20x4.69x11.48x19.04x16.95x26.09x50.37x10.75x7.57x9.61x
FCF Conversion-10.83x1.83x1.58x0.87x1.86x1.63x1.20x1.30x1.51x1.35x
Revenue Growth-26.93%-3.01%18.5%1.23%6.52%3.35%42.33%-12.51%-2.72%-0.71%

Revenue by Segment

20182019202020212022
Iron Ore19.89B25.75B29.2B42.99B33.07B
Iron Ore Growth-29.45%13.43%47.22%-23.08%
Aluminium, Alumina And Bauxite---12.44B13.96B
Aluminium, Alumina And Bauxite Growth----12.19%
Copper2.42B2.03B1.78B3.33B3.28B
Copper Growth--16.12%-12.07%86.27%-1.47%
Industrial Minerals2.09B2.25B2.05B2.12B2.69B
Industrial Minerals Growth-7.55%-8.75%3.07%26.83%
Other Product1.6B1.7B1.19B1.84B1.71B
Other Product Growth-5.93%-29.64%54.10%-7.07%
Diamonds695M619M459M501M816M
Diamonds Growth--10.94%-25.85%9.15%62.87%
Gold869M669M477M1.08B573M
Gold Growth--23.01%-28.70%125.79%-46.80%
Uranium--299M229M-
Uranium Growth----23.41%-
Aluminium12.04B10.21B9.15B--
Aluminium Growth--15.23%-10.39%--
Coal989M----
Coal Growth-----

Revenue by Geography

20182019202020212022
China----30.17B
China Growth-----
UNITED STATES6.28B6.13B4.87B8.01B8.82B
UNITED STATES Growth--2.44%-20.54%64.62%10.12%
JAPAN3.87B3.85B3.35B5.01B4.09B
JAPAN Growth--0.46%-13.00%49.43%-18.38%
Europe Excluding Uk3.71B2.61B2.62B3.27B3.62B
Europe Excluding Uk Growth--29.57%0.50%24.70%10.61%
Other Countries1.49B1.42B1.01B1.86B1.94B
Other Countries Growth--4.96%-28.47%83.74%4.08%
CANADA1.34B1.48B1.29B1.68B1.74B
CANADA Growth-10.30%-12.79%30.10%3.94%
AUSTRALIA720M737M745M1.12B1.05B
AUSTRALIA Growth-2.36%1.09%50.60%-6.68%
CHINA18.06B22.14B25.94B36.31B-
CHINA Growth-22.56%17.19%39.97%-
Asia Excluding China And Japan4.67B4.56B4.54B5.99B-
Asia Excluding China And Japan Growth--2.29%-0.48%31.94%-

Frequently Asked Questions

Valuation & Price

Rio Tinto Group (RIO) has a price-to-earnings (P/E) ratio of 11.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Rio Tinto Group (RIO) reported $107.92B in revenue for fiscal year 2024. This represents a 78% increase from $60.54B in 2011.

Rio Tinto Group (RIO) saw revenue decline by 0.7% over the past year.

Yes, Rio Tinto Group (RIO) is profitable, generating $20.96B in net income for fiscal year 2024 (21.5% net margin).

Dividend & Returns

Yes, Rio Tinto Group (RIO) pays a dividend with a yield of 5.15%. This makes it attractive for income-focused investors.

Rio Tinto Group (RIO) has a return on equity (ROE) of 20.2%. This is excellent, indicating efficient use of shareholder capital.

Rio Tinto Group (RIO) generated $12.69B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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