Rio Tinto/RIO

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About Rio Tinto

Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.

Ticker

RIO

Sector

Basic Materials

Trading on

LSE

Industry

Metals and Mining

CEO

-

Employees

57,000

Headquarters

London, United Kingdom

Rio Tinto Metrics

BasicAdvanced
£89B
Market cap
10.79
P/E ratio
£4.85
EPS
0.65
Beta
£3.42
Dividend rate
6.54%
Dividend yield
£89B
0.65447
£3.42
1.688
1.116
23.399
25.473
64.33%
15.17%
9.28%
18.25%
10.79
2
13.36
6.54%
-2.72%
-18.92%
6.60%
0.92%
-2.30%

What the Analysts think about Rio Tinto

Analyst Ratings

Majority rating from 23 analysts.
Buy

Rio Tinto Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
18.04% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$27B
2.65%
Net income
$4.9B
-3.44%
Profit margin
18.04%
-5.94%

Rio Tinto Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1.53%
QuarterlyAnnual
Q2 22
Q4 22
Q2 23
Q4 23
Q2 24
Actual
$5.30
$2.85
$3.53
$3.72
-
Expected
$5.10
$3.08
$3.65
$3.67
$3.71
Surprise
3.96%
-7.57%
-3.32%
1.53%
-
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and LSEG. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional

Upcoming events

No upcoming events

FAQs

What’s the current market cap for Rio Tinto stock?

Rio Tinto (RIO) has a market cap of £89B as of June 20, 2024.

What is the P/E ratio for Rio Tinto stock?

The price to earnings (P/E) ratio for Rio Tinto (RIO) stock is 10.79 as of June 20, 2024.

Does Rio Tinto stock pay dividends?

Yes, the Rio Tinto (RIO) stock pays dividends to shareholders. As of June 20, 2024, the dividend rate is £3.42275 and the yield is 6.54%. Rio Tinto has a payout ratio of 64.33% on a trailing twelve-month basis.

When is the next Rio Tinto dividend payment date?

The next Rio Tinto (RIO) dividend payment date is unconfirmed.

What is the beta indicator for Rio Tinto?

Rio Tinto (RIO) has a beta rating of 0.65. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Rio Tinto stock price target?

The target price for Rio Tinto (RIO) stock is £61.03, which is NaN% below the current price of £. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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