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RIORio Tinto Group
$100.08$199.8B
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  3. Financial Ratios
  4. Quarterly

Rio Tinto Group (RIO) Quarterly Financial Ratios

Last 23 quarters of trend data · Basic Materials · Industrial Materials

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Rio Tinto Group's quarterly P/E stands at 5.2x, up 2.8% year-over-year. EV/EBITDA has expanded 8.8% YoY to 2.7x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
P/E Ratio →14.165.234.194.636.205.087.882.792.302.013.496.886.18
—+2.8%-46.8%+66.1%+169.6%+153.3%+125.7%-59.5%-62.8%-67.7%+55.7%+24.1%+42.5%
P/S Ratio3.720.880.891.001.120.981.070.830.891.031.241.181.07
—-9.7%-16.7%+20.3%+26.0%-5.5%-13.0%-29.4%-16.8%-16.7%+22.8%-3.2%-6.6%
P/B Ratio2.821.541.661.882.161.952.221.741.932.352.362.102.15
—-21.0%-25.4%+8.2%+12.0%-17.0%-5.8%-17.0%-10.2%+1.3%+41.8%+4.8%+15.8%
P/FCF33.4210.568.178.866.836.479.963.373.213.184.357.264.13
—+63.1%-17.9%+162.7%+112.9%+103.4%+128.7%-53.6%-22.3%-49.7%-26.0%-14.4%-15.3%
EV / EBITDA9.982.722.672.543.152.502.831.731.811.732.392.772.49
—+8.8%-5.6%+46.6%+74.0%+44.5%+18.5%-37.5%-27.3%-39.6%-7.8%-14.9%-20.4%
EV / EBIT13.214.164.113.654.553.464.592.142.181.943.013.854.18
—+20.0%-10.4%+70.9%+108.5%+78.5%+52.2%-44.6%-47.8%-48.9%+65.2%-11.8%+26.9%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Rio Tinto Group's operating margin was 25.0% in Q2 2025, down 2.5 pp QoQ and down 4.4 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 27.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 15.0% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
Gross Margin56.4%25.0%27.8%32.5%25.4%29.4%29.8%41.0%41.6%52.7%43.0%35.5%33.9%
—-15.0%-6.7%-20.8%-38.8%-44.2%-30.8%+15.6%+22.5%+43.4%+14.4%+9.6%+10.2%
Operating Margin29.2%25.0%27.5%30.8%25.4%29.4%29.8%41.0%41.6%52.7%43.0%35.5%33.9%
—-15.0%-7.6%-24.8%-38.8%-44.2%-30.8%+15.6%+22.5%+43.4%+36.9%+17.6%+23.7%
Net Margin21.5%16.8%21.2%21.7%18.1%19.2%13.6%29.9%28.9%37.2%25.6%17.1%17.3%
—-12.2%+55.4%-27.6%-37.5%-48.4%-46.7%+74.7%+67.0%+86.7%-43.1%-22.1%-34.4%

Return on Capital

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
ROE20.2%7.6%9.9%10.2%8.9%9.7%6.7%15.7%15.4%22.4%13.3%7.5%8.8%
—-21.4%+46.6%-34.7%-42.1%-56.7%-49.2%+110.1%+75.9%+154.9%-29.5%-15.1%-19.6%
ROA11.2%4.1%5.6%5.7%4.9%5.3%3.7%8.7%8.6%12.3%7.0%3.8%4.5%
—-22.4%+49.8%-35.0%-43.3%-57.0%-46.8%+126.0%+90.7%+163.8%-32.1%-18.6%-23.0%
ROIC18.6%7.2%8.7%10.0%8.6%10.1%10.3%15.7%16.6%23.0%15.0%10.0%11.1%
—-29.2%-15.5%-36.4%-48.1%-56.0%-31.0%+57.5%+50.0%+113.3%+68.4%+25.4%+48.0%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Rio Tinto Group's Debt/EBITDA ratio is 2.3x, up from 1.4x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 23.3% YoY to 1.53x, tightening the short-term liquidity position.

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
Debt / Equity0.240.380.240.250.250.260.230.240.240.240.270.320.33
—+44.6%+1.8%+3.9%+6.5%+10.3%-13.1%-25.6%-26.5%-30.8%+5.5%+14.5%+9.5%
Debt / EBITDA0.672.331.441.291.421.291.140.940.890.701.061.581.41
—+80.7%+25.7%+37.7%+59.3%+83.2%+7.6%-40.5%-36.8%-55.3%-30.7%-7.5%-25.2%
Current Ratio1.631.531.631.701.691.991.641.791.932.131.801.611.56
—-23.3%-0.4%-5.0%-12.8%-6.8%-9.0%+10.8%+24.4%+40.0%-6.6%-2.6%-7.9%
Quick Ratio1.131.031.131.161.171.371.101.341.501.771.461.231.24
—-25.2%+2.7%-14.0%-22.5%-22.2%-24.6%+9.5%+20.9%+47.1%-9.2%-7.2%-10.1%
Interest Coverage9.6112.3419.5521.6811.8011.9615.7446.4137.6365.8041.1619.9617.47
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Includes 30+ ratios · 23 years · Updated daily

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RIO — Frequently Asked Questions

Quick answers to the most common questions about buying RIO stock.

What is Rio Tinto Group's quarterly P/E ratio trend?

Rio Tinto Group's current P/E is 14.2x. The average P/E over the last 4 quarters is 5.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Rio Tinto Group's margins change by quarter?

Rio Tinto Group's current operating margin is 29.2%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at RIO quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Rio Tinto Group's business trajectory between earnings reports.