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Rio Tinto GroupNYSE:RIO Stock Report

Market Cap US$182.7b
Share Price
US$105.74
US$101.21
4.5% overvalued intrinsic discount
1Y85.5%
7D4.3%
1D
Portfolio Value
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Rio Tinto Group

NYSE:RIO Stock Report

Market Cap: US$182.7b

Rio Tinto Group (RIO) Stock Overview

Engages in exploring, mining, and processing mineral resources worldwide. More details

RIO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance1/6
Financial Health4/6
Dividends3/6

Rewards

Price-To-Earnings ratio (17.3x) is below the US market (18.9x)

Earnings are forecast to grow 7.47% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 3.79% is not well covered by free cash flows


RIO Community Fair Values

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See what 107 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Rio Tinto Group Competitors

Price History & Performance

Summary of share price highs, lows and changes for Rio Tinto Group
Historical stock prices
Current Share PriceUK£105.74
52 Week HighUK£112.58
52 Week LowUK£55.64
Beta0.65
1 Month Change1.98%
3 Month Change20.54%
1 Year Change85.48%
3 Year Change60.38%
5 Year Change27.23%
Change since IPO960.71%

Recent News & Updates

Seeking Alpha • Jun 09

Rio Tinto: Simandou's First Pulse

Summary Rio Tinto (RIO) is rated a buy, with iron ore price risks contained and copper growth offering upside potential. Simandou's ramp-up increases iron ore supply as Chinese steel demand cools, but RIO’s diversified EBITDA mix buffers downside. Even at a realized iron ore price of $75/tonne, group EBITDA declines just 15%, with copper, aluminum, and lithium providing stability. RIO’s copper projects, notably Oyu Tolgoi and Kennecott, are ramping up, positioning the company for higher future multiples as diversification advances. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Jun 09

Rio Tinto: Simandou's First Pulse

Summary Rio Tinto (RIO) is rated a buy, with iron ore price risks contained and copper growth offering upside potential. Simandou's ramp-up increases iron ore supply as Chinese steel demand cools, but RIO’s diversified EBITDA mix buffers downside. Even at a realized iron ore price of $75/tonne, group EBITDA declines just 15%, with copper, aluminum, and lithium providing stability. RIO’s copper projects, notably Oyu Tolgoi and Kennecott, are ramping up, positioning the company for higher future multiples as diversification advances. Read the full article on Seeking Alpha
Seeking Alpha • Apr 27

Rio Tinto Vs. Vale: Inventory Doesn't Lie

Summary Since my last analysis, new tariffs announced by President Trump have added additional – and large – uncertainties to mining stocks. I expect high tariffs to disrupt global trade flows, decrease demand for basic metals, and increase operational costs for both RIO and VALE. As a reflection of these macroscopic pressures, the latest data show that both companies are experiencing elevated inventory. The inventory build up is even more concerning in the case of VALE. Read the full article on Seeking Alpha
Seeking Alpha • Apr 14

Rio Tinto: Debt Before Dividend

Summary Rio Tinto is diversifying from iron ore to copper and lithium to mitigate risks and capitalize on electrification, but this requires significant capital and increased debt. Iron ore's diminishing returns and reliance on China pose risks, leading to expected dividend reductions to service debt and fund diversification. I will hold Rio Tinto stock long-term, but won't reinvest dividends now, anticipating further stock price decline and lower dividends amidst diversification efforts. Read the full article on Seeking Alpha
Seeking Alpha • Mar 30

Rio Tinto: Underappreciated Copper Growth

Summary Rio Tinto has a supportive copper growth ahead, excluding M&A. China's economic activity started in 2025 with solid momentum. This will provide solid results on the iron ore EBITDA. A solid balance sheet, supportive shareholders' remuneration, and upside on critical metals make Rio Tinto a buy. Read the full article on Seeking Alpha
Seeking Alpha • Mar 12

Rio Tinto Has A Nice Blend Of Commodities At A Reasonable Price

Summary Rio Tinto's diversified portfolio, including its recent lithium acquisition, aims to reduce reliance on iron ore amid fluctuating Chinese demand and market dynamics. Despite low valuation metrics, Rio Tinto boasts strong profitability with a 20.25% ROE and a 6.45% dividend yield, appealing to income investors. The $6.7B Arcadium Lithium acquisition positions Rio Tinto as a top lithium producer, leveraging low market prices for future growth. Risks include heavy dependence on iron ore and the Chinese market, which could impact operations if market conditions remain unstable. Read the full article on Seeking Alpha
Seeking Alpha • Feb 23

Rio Tinto: Financial Weakness To Continue In 2025

Summary Rio Tinto's 2024 performance was weak, with a 1% decline in sales revenue and an 8% drop in underlying EPS due to challenges with its chief commodity, iron ore. The financial outlook for 2025 isn't positive either, with projected declines in revenue and EPS, and continued weakness in iron ore prices and limited expected change to production. Dividends can drop again in 2025, though the forward yield still isn't too bad at 5.5%. Despite high market multiples and unlikely price gains, RIO's consistent dividends still encourage a Hold rating on the stock. Read the full article on Seeking Alpha
Seeking Alpha • Jan 01

Rio Tinto: China's Economic Stimulus Is Failing To Save Iron And Copper

Summary Iron ore prices have fallen 22% in 2024 due to weaker demand from China, significantly impacting Rio Tinto's profit outlook. China's collapsing property market, driven by a massive bubble, poses a severe risk to Rio Tinto's iron ore sales and global metal prices. Despite efforts to diversify into other metals like lithium, Rio Tinto's profits are highly sensitive to declines in iron ore and copper prices. Due to China's economic crisis, I expect a significant and lasting decline in Rio Tinto's EBITDA, around 30-50%, making RIO a risky investment. China's recent stimulus efforts have likely slowed or delayed the impact of the property market crisis, but I expect commodity price pressures to return in early 2025. Read the full article on Seeking Alpha
Seeking Alpha • Nov 20

Rio Tinto: Depressed Environment, Still A Buy

Summary The acquisition of Arcadium Lithium, despite a high valuation, positions Rio Tinto as a top lithium producer, enhancing long-term growth and maintaining a stable dividend payout. Q3 2024 production results were aligned with guidance, except for the Iron Ore Company of Canada segment, which saw reduced output due to operational issues. Unchanged guidance and a depressed valuation make Rio Tinto a Buy. Read the full article on Seeking Alpha
Seeking Alpha • Oct 08

Update On Rio Tinto Before Earnings

Summary RIO shares are undervalued compared to competitors, offering a compelling buy opportunity, especially with potential price declines post earnings on Oct. 15. Despite a 10.8% share price drop in 2024, RIO remains a leading mining company with diverse capabilities and a strong market position. RIO's potential acquisition of a lithium producer at low prices could be highly accretive if lithium prices recover, enhancing its market position. The 6.55% dividend yield is attractive, though dividend safety is a concern. However, higher metal prices should boost earnings and support dividends. Read the full article on Seeking Alpha

Shareholder Returns

RIOUS Metals and MiningUS Market
7D4.3%6.7%2.2%
1Y85.5%78.6%24.8%

Return vs Industry: RIO exceeded the US Metals and Mining industry which returned 78.6% over the past year.

Return vs Market: RIO exceeded the US Market which returned 24.8% over the past year.

Price Volatility

Is RIO's price volatile compared to industry and market?
RIO volatility
RIO Average Weekly Movement5.0%
Metals and Mining Industry Average Movement9.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: RIO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RIO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187356,890Simon Trottwww.riotinto.com

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia.

Rio Tinto Group Fundamentals Summary

How do Rio Tinto Group's earnings and revenue compare to its market cap?
RIO fundamental statistics
Market capUS$182.71b
Earnings (TTM)US$9.97b
Revenue (TTM)US$57.64b
17.3x
P/E Ratio
3.0x
P/S Ratio

Is RIO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RIO income statement (TTM)
RevenueUS$57.64b
Cost of RevenueUS$41.43b
Gross ProfitUS$16.21b
Other ExpensesUS$6.24b
EarningsUS$9.97b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jul 29, 2026

Earnings per share (EPS)6.13
Gross Margin28.12%
Net Profit Margin17.29%
Debt/Equity Ratio33.1%

How did RIO perform over the long term?

See historical performance and comparison

Dividends

3.8%
Current Dividend Yield
66%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 21:27
End of Day Share Price 2026/06/16 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rio Tinto Group is covered by 51 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
Amos FletcherBarclays
Peter WardBarclays