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Rio Tinto
(LSE:RIO)
Rio Tinto (RIO) vs. S&P 500 (SPY)
Rio Tinto Business Overview & Revenue Model
Rio Tinto Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 54.18B | 53.66B | 54.04B | 55.55B | 63.49B | 44.61B | Gross Profit |
| 16.87B | 30.28B | 32.40B | 34.27B | 44.93B | 29.13B | EBIT |
| 14.72B | 15.65B | 14.82B | 19.93B | 29.82B | 16.83B | EBITDA |
| 19.64B | 23.16B | 21.08B | 25.54B | 36.13B | 21.68B | Net Income Common Stockholders |
| 10.75B | 11.55B | 10.06B | 12.39B | 21.11B | 9.77B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 12.10B | 7.20B | 9.78B | 8.94B | 15.35B | 13.23B | Total Assets |
| 90.95B | 102.79B | 103.55B | 96.74B | 102.90B | 97.39B | Total Debt |
| 12.75B | 13.86B | 14.35B | 12.27B | 13.53B | 14.02B | Net Debt |
| 3.25B | 7.03B | 5.65B | 5.50B | 724.00M | 3.63B | Total Liabilities |
| 41.13B | 44.82B | 47.21B | 44.47B | 46.31B | 45.49B | Stockholders Equity |
| 43.69B | 55.25B | 54.59B | 50.17B | 51.43B | 47.05B |
| Cash Flow | Free Cash Flow | ||||
| 7.14B | 5.98B | 8.07B | 9.38B | 17.96B | 9.69B | Operating Cash Flow |
| 15.24B | 15.60B | 15.16B | 16.13B | 25.34B | 15.88B | Investing Cash Flow |
| -8.27B | -9.59B | -6.96B | -6.71B | -7.16B | -6.56B | Financing Cash Flow |
| -6.90B | -7.09B | -5.28B | -15.47B | -15.86B | -7.13B |
Rio Tinto Technical Analysis
Rio Tinto Risk Analysis
Rio Tinto Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £74.16B | 7.80 | 20.80% | 6.91% | -3.39% | 11.60% | |
75 Outperform | £32.44B | 20.09 | 29.63% | 2.10% | 1.84% | -5.54% | |
68 Neutral | $185.27B | 10.72 | 26.20% | 5.38% | -2.47% | 57.01% | |
61 Neutral | £15.43B | 23.78 | 8.87% | 1.63% | 1.69% | -3.57% | |
58 Neutral | £30.79B | ― | -3.81% | 3.96% | 3.11% | -137.83% | |
53 Neutral | $27.21B | ― | -13.39% | 2.32% | -13.16% | -1091.54% | |
49 Neutral | $1.92B | -1.52 | -22.04% | 3.84% | 0.67% | -27.41% |
Rio Tinto Earnings Call Summary
Rio Tinto Corporate Events
Rio Tinto reported strong operational improvements in the first quarter of 2025, with record production at the Oyu Tolgoi copper mine and bauxite operations. Despite challenges from extreme weather affecting Pilbara iron ore operations, the company is advancing its major growth projects, including the Western Range and Simandou iron ore projects, and has established a world-class lithium business following the Arcadium acquisition. The company maintains its production and cost guidance for 2025, with mitigation plans in place to address weather-related disruptions.
Spark’s Take on GB:RIO Stock
According to Spark, TipRanks’ AI Analyst, GB:RIO is a Outperform.
Rio Tinto’s overall strong financial performance and attractive valuation are offset by technical indicators suggesting short-term caution. Strategic investments and earnings call insights show potential for growth, though cost challenges and market uncertainties remain.
To see Spark’s full report on GB:RIO stock, click here.
Rio Tinto has announced the currency exchange rates for its 2024 final dividend, initially declared at 225.00 US cents per share. Shareholders who opted to receive their dividends in British pounds, Australian dollars, or New Zealand dollars will have their payments converted at the rates determined on April 8, 2025. This announcement ensures transparency in the dividend distribution process and reflects Rio Tinto’s commitment to its shareholders by providing clear financial information.
Spark’s Take on GB:RIO Stock
According to Spark, TipRanks’ AI Analyst, GB:RIO is a Outperform.
Rio Tinto’s overall strong financial performance and attractive valuation are offset by technical indicators suggesting short-term caution. Strategic investments and earnings call insights show potential for growth, though cost challenges and market uncertainties remain.
To see Spark’s full report on GB:RIO stock, click here.
Rio Tinto has announced that Dean Dalla Valle, a person discharging managerial responsibility, has acquired 462 shares of Rio Tinto Limited at a price of AUD 108.00 per share. This transaction, part of the company’s dual-listed structure, was reported to both the Australian Securities Exchange and the London Stock Exchange, reflecting the company’s commitment to transparency in its operations.
Spark’s Take on GB:RIO Stock
According to Spark, TipRanks’ AI Analyst, GB:RIO is a Outperform.
Rio Tinto’s overall strong financial performance and attractive valuation are offset by technical indicators suggesting short-term caution. Strategic investments and earnings call insights show potential for growth, though cost challenges and market uncertainties remain.
To see Spark’s full report on GB:RIO stock, click here.
Rio Tinto plc held its annual general meeting on April 3, 2025, where several resolutions were voted on by shareholders. Notably, Resolution 22, which authorizes the purchase of Rio Tinto plc shares, passed with less than 80% approval, primarily due to opposition from Chinalco, a significant shareholder. This decision highlights Chinalco’s growing influence, as its stake now approaches the agreed threshold with the Australian Government. The results of other resolutions will be announced after the Rio Tinto Limited meeting in May.
Rio Tinto held its annual general meeting at The Queen Elizabeth II Centre in Westminster, where the Chair and Chief Executive addressed shareholders. The meeting’s proceedings, including strategic discussions and company updates, are accessible on the company’s website, indicating Rio Tinto’s commitment to transparency and stakeholder engagement.
Rio Tinto has announced its total voting rights and issued capital as of March 31, 2025. The company’s issued share capital consists of 1,255,960,289 ordinary shares, with 1,987,902 held in treasury, resulting in 1,253,972,387 voting rights. This update is significant for shareholders and stakeholders as it affects the calculation of their interests under the FCA’s rules, highlighting the company’s transparency and compliance with regulatory requirements.
Rio Tinto’s Board has recommended shareholders vote against a resolution proposed by Palliser Capital to unify its dual-listed company structure into an Australian-domiciled holding company. The Board argues that such a unification would be value destructive, citing comprehensive reviews and consultations with shareholders that concluded the current structure is beneficial. The Board emphasizes that the proposed unification would incur significant tax costs and potentially impact dividend payments, and it refutes claims of value loss under the current structure. The Board remains open to ideas that align with sustainable long-term value but sees no need for further review of the dual-listed structure at this time.
Rio Tinto has announced that Martina Merz, a key management personnel, acquired shares in the company through the Frankfurt Stock Exchange. This transaction is part of the company’s compliance with the EU Market Abuse Regulation, reflecting transparency in managerial dealings and potentially impacting investor perception and stakeholder confidence.
Rio Tinto announced a transaction involving the acquisition of ordinary shares by Martina Merz, a Non-Executive Director, through a market purchase. The transaction, which took place on March 7, 2025, involved the purchase of 1,750 shares at an aggregated price of €57.357 per share. This notification aligns with the EU Market Abuse Regulation, ensuring transparency and compliance in managerial shareholdings.
Rio Tinto has announced the pricing of $9.0 billion in fixed and floating rate debt securities through its subsidiary, Rio Tinto Finance (USA) plc. The proceeds from this bond issuance will be used for general corporate purposes, including repaying a bridge loan facility used for the acquisition of Arcadium Lithium. This strategic financial move is expected to strengthen Rio Tinto’s financial position and support its expansion in the lithium market, which is crucial for the growing electric vehicle industry.
Rio Tinto has announced a $1.8 billion investment to extend the Brockman Syncline 1 mine in Western Australia’s Pilbara region, securing the future of its Brockman hub. This development, which has received necessary governmental and traditional owner approvals, will create approximately 1,000 construction jobs and sustain 600 operational roles, enhancing the company’s iron ore production capacity and supporting the Australian economy.
Rio Tinto has successfully acquired Arcadium Lithium for $6.7 billion, positioning itself as a major player in the lithium market. This acquisition is expected to significantly boost Rio Tinto’s capacity to produce lithium carbonate equivalent, aiming for over 200 thousand tonnes per year by 2028. The move is part of Rio Tinto’s strategy to strengthen its supply of energy transition materials, leveraging Arcadium’s assets and capabilities to drive growth and deliver value to stakeholders. The acquisition will be funded through existing financial resources, and Arcadium’s shares will be delisted from major stock exchanges.
Rio Tinto has announced that Dominic Barton, a key management personnel, has acquired 800 shares of Rio Tinto Limited at a price of AUD 116.6539 per share. This transaction is part of the company’s dual listed structure, which requires notifications of dealings in securities to both the Australian Securities Exchange and the London Stock Exchange. The acquisition reflects ongoing management engagement with the company’s stock, which could indicate confidence in Rio Tinto’s market position and future performance.
Rio Tinto has issued updated notices for its 2025 annual general meetings, reflecting a joint decision matter to be voted on by both Rio Tinto plc and Rio Tinto Limited shareholders. The updated notices replace those dated 19 February 2025, with the meetings scheduled for 3 April 2025 in London and 1 May 2025 in Perth, allowing shareholder participation both in person and virtually.
Rio Tinto plc has announced its total voting rights and issued capital as of February 28, 2025, in compliance with the Financial Conduct Authority’s rules. The company has an issued share capital of 1,255,959,963 ordinary shares, with 1,987,902 held in treasury, resulting in a total of 1,253,972,061 voting rights. This announcement is significant for shareholders and stakeholders as it provides clarity on voting rights and share capital, which are crucial for investment decisions and corporate governance.
Rio Tinto has announced that Susan Lloyd-Hurwitz, a key management personnel, has acquired shares in Rio Tinto Limited. This transaction is part of the company’s dual-listed structure, with notifications made to both the Australian Securities Exchange and the London Stock Exchange. Such acquisitions by key personnel can indicate confidence in the company’s future performance and may influence stakeholder perceptions.
Rio Tinto announced that Dean Dalla Valle, a key management personnel, acquired 424 shares of Rio Tinto Limited at a price of AUD 117.159693 per share. This transaction is part of the company’s dual-listed structure, with notifications sent to both the Australian Securities Exchange and the London Stock Exchange, reflecting the company’s ongoing commitment to transparency in its managerial dealings.
Rio Tinto has announced that Dean Dalla Valle, a key management personnel, has acquired 420 shares of Rio Tinto Limited at a price of AUD 119.00 per share. This transaction is part of the company’s dual listed company structure, which requires notification of dealings in its securities to both the ASX and LSE. This acquisition reflects ongoing confidence in the company’s performance and may impact investor perceptions positively.
Rio Tinto has announced the vesting and sale of shares by its top executives, including the Chief Financial Officer, Chief Executive, and Chief Executive of Iron Ore. These transactions, which involve the vesting of shares under the Performance Share Award and the sale of shares to cover tax obligations, reflect the company’s ongoing commitment to aligning executive compensation with shareholder interests. The transactions took place outside a trading venue and on the London Stock Exchange, highlighting the company’s transparency in its financial dealings.
Rio Tinto has announced the vesting of Performance Share Awards (PSA) under its 2018 Equity Incentive Plan, which were granted to key management personnel in 2020. The awards, contingent on Total Shareholder Return performance, resulted in the vesting of shares for several executives, with some shares sold to cover tax obligations. This move reflects Rio Tinto’s commitment to aligning management incentives with shareholder interests, potentially impacting the company’s market positioning and stakeholder relations.
Rio Tinto has announced that Ben Wyatt, a key management personnel, has acquired 100 shares of Rio Tinto Limited at a price of AUD 120.2050 per share. This transaction was reported to both the Australian Securities Exchange and the London Stock Exchange as part of the company’s obligations under its dual listed company structure. This move could indicate a vote of confidence in the company’s stock, potentially impacting stakeholder perceptions and market positioning.
Rio Tinto has announced the schedule for its 2025 annual general meetings, with Rio Tinto plc’s meeting set for April 3 in London and Rio Tinto Limited’s meeting on May 1 in Perth. Shareholders have the option to attend in person or participate virtually, reflecting the company’s commitment to accessibility and engagement.
Rio Tinto reported strong financial results for 2024, with an underlying EBITDA of $23.3 billion and operating cash flow of $15.6 billion, despite a decrease in iron ore prices. The company is focusing on expanding its portfolio with projects like the Oyu Tolgoi copper-gold mine in Mongolia, the Simandou iron ore project in Guinea, and the acquisition of Arcadium Lithium plc, which strengthens its position in energy transition commodities. Rio Tinto also maintained its dividend payout, reflecting financial robustness, while emphasizing safety improvements and reducing carbon emissions. The company is advancing towards sustainable operations, highlighted by the development of the BioIron™ process for lower carbon steelmaking.
Rio Tinto has updated its Mineral Resources and Ore Reserves, reflecting significant changes across several operations. At the Amrun deposit in Australia, Proved Ore Reserves increased substantially due to enhanced classification, while the Winu project in Australia saw a rise in Indicated Mineral Resources. In Quebec, Canada, the Iron and Titanium operations experienced a notable increase in Mineral Resources, and the Porto Trombetas deposit in Brazil reported a significant rise in Ore Reserves, partly due to regulatory approvals. These updates are expected to impact Rio Tinto’s market positioning and operational planning, with details to be included in the company’s upcoming 2024 Annual Report.
Rio Tinto announced its 2024 full-year results presentation, scheduled for February 19, 2025. The presentation, led by Chief Executive Jakob Stausholm and CFO Peter Cunningham, will be available via a live webcast. This announcement underscores the company’s commitment to transparency and its efforts to engage stakeholders by providing insights into its financial performance and strategic direction.
Rio Tinto announced several changes to its Board of Directors, including the stepping down of Sam Laidlaw, Simon Henry, and Kaisa Hietala in 2025. These changes reflect the conclusion of a transitional phase aimed at incorporating newer directors into the group. Ben Wyatt will replace Sam Laidlaw as Chair of the People & Remuneration Committee, while Sharon Thorne will take on roles as Senior Independent Director and Chair of the Audit & Risk Committee. The departure of Kaisa Hietala is influenced by potential conflicts of interest due to the company’s expanding lithium operations and her directorship with Exxon Mobil, highlighting Rio Tinto’s focus on ethical governance as it navigates its business growth.
Rio Tinto has released its 2024 Annual Report, which now integrates climate disclosures in line with the IFRS S2 Sustainability Disclosure Standard. This integration is part of their 2025 Climate Action Plan, reflecting the company’s continued focus on sustainable practices. The report is available on their website and will be filed with various financial authorities, ensuring transparency and accessibility for stakeholders.
Rio Tinto PLC has announced its total issued share capital and voting rights as of January 31, 2025, comprising 1,255,959,591 ordinary shares, with 2,907,902 shares held in treasury. This disclosure, in line with the FCA’s Transparency Rule, highlights the company’s dual-listed company structure with Rio Tinto Limited, enabling joint voting and aligning shareholders of both entities as if they were part of a single enterprise. This announcement provides critical information for shareholder notification obligations and reflects Rio Tinto’s commitment to transparency in its corporate governance.
Rio Tinto announced a notification of major holdings by AustralianSuper Pty Ltd, which now holds 3.00933% of voting rights in the company. This acquisition of voting rights signifies a notable shift in shareholder composition, potentially impacting corporate governance and strategic decision-making within Rio Tinto. The notification highlights AustralianSuper’s increased influence in the company’s future policy and operational directions.