RIO

MKT CAP:$162B

Rio Tinto Group

Market Cap

$162B

Basic Materials·Industrial Materials·🇬🇧 United Kingdom·NYSE

Materials·Industrial·🇬🇧·NYSE

Stock Price

$99.81+$18.38 (+22.57%)

Apr 24, 2026

Company Details

Rio 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 gyp...

CEO

Simon Callas Trott

IPO Date

Jun 28, 1990

Website

www.riotinto.com

Key Metrics TTM

Revenue

$111.7B

-2.2% YoY

Net Income

$20.7B

EPS (Diluted)

$12.66

Free Cash Flow

$12.3B

Revenue / Share

$68.18

Gross Margin

27.3%

Operating Margin

26.9%

Net Margin

18.5%

FCF Margin

11.0%

P/S

1.5x

P/E

7.8x

Earnings Reports

FY 2025

Feb 19, 2026

$57.8B+7.7%EPS $6.10

Q4 2025

Feb 19, 2026

$30.6BEPS $3.31

Q2 2025

Jul 30, 2025

$27.1B+1.1%EPS $2.79

FY 2024

Feb 20, 2025

$53.7BEPS $7.07

Q2 2024

Jul 31, 2024

$26.8B+0.5%EPS $3.56

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 17	$20.7B	$6.4B	$5.7B
Q2 18	$19.9B	$6.4B	$6.0B
Q4 18	$20.6B	$7.8B	$6.5B
Q2 19	$20.7B	$7.6B	$7.6B
Q4 19	$22.7B	$7.7B	$7.7B
Q2 20	$19.4B	$6.9B	$6.9B
Q4 20	$24.8B	$10.7B	$10.7B
Q2 21	$33.1B	$17.4B	$17.4B
Q4 21	$30.7B	$12.8B	$12.8B
Q2 22	$29.8B	$12.2B	$12.2B
Q4 22	$27.0B	$8.1B	$8.1B
Q2 23	$26.7B	$7.8B	$7.8B
Q4 23	$27.2B	$6.9B	$6.9B
Q2 24	$26.8B	$8.7B	$8.3B
Q2 25	$27.1B	$6.8B	$6.8B
Q4 25	$30.6B	$8.2B	$8.2B

Valuation

Quarter	P/S	P/E
Q4 17	1.3x	7.3x
Q2 18	1.2x	5.8x
Q4 18	1.0x	3.7x
Q2 19	1.2x	4.4x
Q4 19	1.1x	4.4x
Q2 20	1.1x	4.4x
Q4 20	1.4x	6.9x
Q2 21	1.4x	5.3x
Q4 21	1.0x	3.5x
Q2 22	0.9x	2.8x
Q4 22	1.0x	3.6x
Q2 23	0.9x	4.0x
Q4 23	1.1x	5.2x
Q2 24	1.0x	5.5x
Q2 25	0.9x	4.6x
Q4 25	1.2x	6.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 17	$7.6B	$4.9B
Q2 18	$5.2B	$2.9B
Q4 18	$6.6B	$3.5B
Q2 19	$6.4B	$4.1B
Q4 19	$9.0B	$5.9B
Q2 20	$5.8B	$3.1B
Q4 20	$10.4B	$7.0B
Q2 21	$14.1B	$10.7B
Q4 21	$12.6B	$8.5B
Q2 22	$10.5B	$7.4B
Q4 22	$6.9B	$2.9B
Q2 23	$7.0B	$4.0B
Q4 23	$8.5B	$4.4B
Q2 24	$7.1B	$3.0B
Q2 25	$7.0B	$2.3B
Q4 25	$10.0B	$2.5B

Capital Expenditures

Quarter	CapEx
Q4 17	$2.7B
Q2 18	$2.4B
Q4 18	$3.1B
Q2 19	$2.4B
Q4 19	$3.2B
Q2 20	$2.7B
Q4 20	$3.4B
Q2 21	$3.3B
Q4 21	$4.1B
Q2 22	$3.1B
Q4 22	$3.9B
Q2 23	$3.0B
Q4 23	$4.0B
Q2 24	$4.0B
Q2 25	$4.8B
Q4 25	$7.5B

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 17	+22.9%	-8.1%
Q2 18	+28.5%	+0.1%
Q4 18	+12.7%	+1.8%
Q2 19	+7.3%	-2.3%
Q4 19	+9.8%	-0.0%
Q2 20	-2.8%	-10.2%
Q4 20	+20.3%	-0.0%
Q2 21	+59.7%	+19.4%
Q4 21	+35.0%	+19.4%
Q2 22	+53.8%	+40.6%
Q4 22	+9.1%	+34.4%
Q2 23	-19.4%	+20.3%
Q4 23	-11.5%	+12.9%
Q2 24	-10.0%	+5.5%
Q2 25	+0.2%	+7.1%
Q4 25	+14.9%	+19.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 17	$44M	0.2%
Q2 18	$0	0.0%
Q4 18	$122M	0.6%
Q2 19	$0	0.0%
Q4 19	$126M	0.6%
Q2 20	$0	0.0%
Q4 20	$138M	0.6%
Q2 21	$0	0.0%
Q4 21	$126M	0.4%
Q2 22	$0	0.0%
Q4 22	$122M	0.5%
Q2 23	$0	0.0%
Q4 23	$144M	0.5%
Q2 24	$0	0.0%
Q2 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q4 17	$58M	—	—	$270M
Q2 18	—	—	—	$232M
Q4 18	$45M	—	—	$1.0B
Q2 19	—	—	—	$287M
Q4 19	$45M	—	—	$680M
Q2 20	—	—	—	$280M
Q4 20	$45M	$173M	$6.7B	—
Q2 21	—	—	—	$324M
Q4 21	$65M	—	—	$931M
Q2 22	—	—	—	$367M
Q4 22	$76M	—	—	$1.0B
Q2 23	—	—	—	$710M
Q4 23	$245M	—	—	$829M
Q2 24	—	—	—	$488M
Q4 25	—	—	—	$246M

Revenue Segments

Quarter	Aluminium	Copper	Diamonds	Gold	Industrial Minerals	Iron Ore	Other Product	Uranium	Aluminium, Alumina And Bauxite
Q2 19	$5.1B	$1.1B	$271M	$393M	$1.1B	$11.6B	$732M	—	—
Q2 21	$5.7B	$1.5B	$160M	$506M	$1.1B	$22.0B	$827M	$76M	—
Q2 22	—	$1.7B	$465M	$322M	$1.2B	$17.5B	$829M	—	$7.3B
Q2 23	—	$1.7B	$250M	$236M	$1.2B	$16.3B	$765M	—	$6.2B

Revenue by Geography

Quarter	Australia	Asia Excluding China And Japan	Canada	China	Europe Excluding Uk	Japan	Other Countries	U K	United States	Greater China
Q2 19	$325M	$2.3B	$821M	$10.3B	$1.5B	$1.8B	$716M	$115M	$2.8B	—
Q4 19	$412M	$2.2B	$657M	$11.8B	$1.1B	$2.1B	$703M	—	$3.3B	—
Q2 21	$519M	$3.2B	$793M	$19.8B	$1.7B	$2.4B	$787M	—	$3.8B	—
Q4 21	$603M	$2.8B	$884M	$16.5B	$1.6B	$2.6B	$1.1B	—	$4.2B	—
Q2 22	$596M	$2.7B	$933M	$15.5B	$2.0B	$2.0B	$1.0B	—	$4.8B	—
Q2 23	$451M	$2.0B	$785M	—	$1.5B	$1.8B	$713M	—	$3.9B	$15.5B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 18	$6.0B	$2.1B	$8.1B
Q4 18	$9.5B	$2.6B	$12.1B
Q2 19	$6.9B	$2.8B	$9.6B
Q4 19	$8.0B	$2.7B	$10.7B
Q2 20	$6.3B	$2.7B	$9.0B
Q4 20	$10.4B	$2.9B	$13.2B
Q2 21	$14.0B	$2.9B	$16.9B
Q4 21	$12.8B	$2.5B	$15.3B
Q2 22	$11.4B	$2.5B	$13.9B
Q4 22	$6.8B	$2.2B	$8.9B
Q2 23	$9.2B	$1.3B	$10.5B
Q4 23	$8.7B	$1.1B	$9.8B
Q2 24	$9.3B	$569M	$9.8B
Q4 24	$6.8B	$370M	$7.2B
Q2 25	$9.0B	$319M	$9.3B
Q4 25	$8.9B	$574M	$9.4B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 17	1.79B	-1.0%	-1.1%
Q2 18	1.75B	-2.1%	-2.9%
Q4 18	1.71B	-2.4%	-5.6%
Q2 19	1.65B	-3.7%	-8.9%
Q4 19	1.64B	-0.7%	-8.6%
Q2 20	1.63B	-0.5%	-7.1%
Q4 20	1.63B	-0.0%	-4.8%
Q2 21	1.63B	-0.0%	-1.1%
Q4 21	1.63B	+0.1%	-0.4%
Q2 22	1.63B	-0.0%	+0.0%
Q4 22	1.63B	+0.2%	+0.2%
Q2 23	1.63B	-0.1%	+0.1%
Q4 23	1.63B	+0.2%	+0.2%
Q2 24	1.63B	-0.0%	+0.2%
Q2 25	1.64B	+0.3%	+0.4%
Q4 25	1.64B	+0.0%	+0.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 17	$313.8K	66K
Q2 18	$301.7K	66K
Q4 18	$312.2K	66K
Q2 19	$314.0K	66K
Q4 19	$494.4K	46K
Q2 20	$420.9K	46K
Q4 20	$559.3K	44K
Q2 21	$746.2K	44K
Q4 21	$666.0K	46K
Q2 22	$646.0K	46K
Q4 22	$536.3K	50K
Q2 23	$528.9K	50K
Q4 23	$505.0K	54K
Q2 24	$498.4K	54K
Q2 25	$487.8K	56K
Q4 25	$551.5K	56K

Revenue / Employee