Rio Tinto Group Future Growth

Future criteria checks 1/6

Rio Tinto Group's revenue is forecast to decline at 0.2% per annum while its annual earnings are expected to grow at 2.4% per year. EPS is expected to decline by 1.1% per annum. Return on equity is forecast to be 16.5% in 3 years.

Key information

2.4%

Earnings growth rate

-1.1%

EPS growth rate

Metals and Mining earnings growth	11.0%
Revenue growth rate	-0.2%
Future return on equity	16.5%
Analyst coverage	Good
Last updated	08 May 2024

Recent future growth updates

Recent updates

Earnings Working Against Rio Tinto Group's (LON:RIO) Share Price

May 09

Here's Why Shareholders May Want To Be Cautious With Increasing Rio Tinto Group's (LON:RIO) CEO Pay Packet

Apr 26

Earnings and Revenue Growth Forecasts

LSE:RIO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	52,645	11,208	8,744	18,510	16
12/31/2025	52,748	11,931	6,967	18,373	19
12/31/2024	53,046	12,299	7,043	18,462	19
12/31/2023	54,041	10,058	8,074	15,160	N/A
9/30/2023	53,244	9,312	7,052	13,898	N/A
6/30/2023	52,446	8,594	6,030	12,635	N/A
3/31/2023	54,000	10,507	7,707	14,385	N/A
12/31/2022	55,554	12,392	9,384	16,134	N/A
9/30/2022	57,871	15,079	12,174	19,146	N/A
6/30/2022	60,187	17,724	14,964	22,158	N/A
3/31/2022	61,841	19,409	16,463	23,752	N/A
12/31/2021	63,495	21,115	17,961	25,345	N/A
9/30/2021	60,914	19,930	17,519	24,627	N/A
6/30/2021	58,332	18,766	17,076	23,908	N/A
3/31/2021	51,472	14,268	13,381	19,892	N/A
12/31/2020	44,611	9,769	9,686	15,875	N/A
9/30/2020	43,208	8,483	9,024	15,013	N/A
6/30/2020	41,805	7,196	8,361	14,151	N/A
3/31/2020	42,485	7,603	8,893	14,532	N/A
12/31/2019	43,165	8,010	9,424	14,912	N/A
9/30/2019	42,248	10,699	8,474	13,947	N/A
6/30/2019	41,330	13,388	7,524	12,982	N/A
3/31/2019	40,926	13,513	6,958	12,402	N/A
12/31/2018	40,522	13,638	6,391	11,821	N/A
9/30/2018	40,574	11,738	7,055	12,314	N/A
6/30/2018	40,625	9,837	7,719	12,806	N/A
3/31/2018	40,328	9,300	8,561	13,345	N/A
12/31/2017	40,030	8,762	9,402	13,884	N/A
9/30/2017	38,815	7,486	N/A	12,708	N/A
6/30/2017	37,600	6,209	N/A	11,531	N/A
3/31/2017	35,691	5,413	N/A	9,998	N/A
12/31/2016	33,781	4,617	N/A	8,465	N/A
9/30/2016	33,065	2,329	N/A	8,327	N/A
6/30/2016	32,349	41	N/A	8,188	N/A
3/31/2016	33,589	-412	N/A	8,786	N/A
12/31/2015	34,829	-866	N/A	9,383	N/A
9/30/2015	38,068	1,033	N/A	11,324	N/A
6/30/2015	41,307	2,931	N/A	13,265	N/A
3/31/2015	44,486	4,729	N/A	13,776	N/A
12/31/2014	47,664	6,527	N/A	14,286	N/A
9/30/2014	49,331	6,437	N/A	14,652	N/A
6/30/2014	50,997	6,347	N/A	15,017	N/A
3/31/2014	51,084	5,006	N/A	15,048	N/A
12/31/2013	51,171	3,665	N/A	15,078	N/A
6/30/2013	50,129	-7,182	N/A	11,584	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RIO's forecast earnings growth (2.4% per year) is above the savings rate (1.8%).

Earnings vs Market: RIO's earnings (2.4% per year) are forecast to grow slower than the UK market (12.9% per year).

High Growth Earnings: RIO's earnings are forecast to grow, but not significantly.

Revenue vs Market: RIO's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: RIO's revenue is forecast to decline over the next 3 years (-0.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RIO's Return on Equity is forecast to be low in 3 years time (16.5%).

Rio Tinto Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Rio Tinto Group Provides Production Guidance for the Year 2024

Rio Tinto Group Revises Production Guidance for the Year 2023

Recent updates

Earnings Working Against Rio Tinto Group's (LON:RIO) Share Price

Here's Why Shareholders May Want To Be Cautious With Increasing Rio Tinto Group's (LON:RIO) CEO Pay Packet

Does Rio Tinto Group (LON:RIO) Have A Healthy Balance Sheet?

Rio Tinto Group Announces Executive Changes

Norway's Ethics Adviser Mulls Selling Stake in Rio Tinto

Here's What To Make Of Rio Tinto Group's (LON:RIO) Decelerating Rates Of Return

Chief Executive of Iron Ore recently sold UK£984k worth of stock

Upcoming dividend of UK£2.04 per share

Chief Executive of Iron Ore exercised options and sold UK£3.4m worth of stock

Final dividend of UK£2.04 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Rio Tinto Group Announces Resignation of Simon Mckeon as A Non-Executive Director, Effective 2 May 2024

Rio Tinto Group, Annual General Meeting, May 02, 2024

Rio Tinto Group Provides Production Guidance for the Year 2024

Rio Tinto Announces Board Appointments

Rio Tinto Group Announces Resignation of Megan Clark as Non-Executive Director

Rio Tinto Group (LSE:RIO) completed the acquisition of 50% stake in Matalco Inc. from The Giampaolo Group of Companies.

Rio Tinto Group, Annual General Meeting, Apr 04, 2024

Rio Tinto Announces Settlement with Securities and Exchange Commission

Rio Tinto Appoints Chief Operating Officer to Diavik Diamond Mine

Rio Tinto Group Appoints James Joc O'Rourke as Non-Executive Director

Rio Tinto Group (LON:RIO) Hasn't Managed To Accelerate Its Returns

Rio Tinto Group Revises Production Guidance for the Year 2023

Rio Tinto Group to Report First Half, 2024 Results on Jul 31, 2024

Estimating The Intrinsic Value Of Rio Tinto Group (LON:RIO)

Rio Tinto Announces Interim Dividend for the Half Year Ended 30 June 2023, Payable on 21 September 2023

Rio Tinto Group Announces Executive Change

Is Rio Tinto Group (LON:RIO) A Risky Investment?

Rio Tinto Group Announces Executive Changes

First Quantum Minerals Ltd. (TSX:FM) completed the acquisition of 55% stake in La Granja copper project in Peru from Rio Tinto Group (LSE:RIO) for $110 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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