Rio Tinto (Rio Tinto) Pre-Tax Income

: $13,785 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. Rio Tinto's pretax income for the six months ended in Dec. 2023 was $6,855 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $13,785 Mil. Rio Tinto's pretax margin was 25.04%.

During the past 13 years, Rio Tinto's highest Pretax Margin was 48.56%. The lowest was -2.08%. And the median was 28.89%.

Rio Tinto Pre-Tax Income Historical Data

The historical data trend for Rio Tinto's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rio Tinto Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

11,119.00

15,391.00

30,833.00

18,662.00

13,785.00

Rio Tinto Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pre-Tax Income																12,784.00	12,315.00	6,347.00	6,930.00	6,855.00

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rio Tinto Pre-Tax Income Distribution

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Rio Tinto's Pre-Tax Income falls into.

Rio Tinto Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Rio Tinto's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	15712	+	0	+	-1957	+	532	+	-502
	=	13,785

Rio Tinto's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	7290	+	0	+	-829	+	287	+	107
	=	6,855

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $13,785 Mil.

Rio Tinto (NYSE:RIO) Pre-Tax Income Explanation

Rio Tinto's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	6855	/	27374
	=	25.04%

During the past 13 years, Rio Tinto's highest Pretax Margin was 48.56%. The lowest was -2.08%. And the median was 28.89%.

Rio Tinto Pre-Tax Income Related Terms

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Rio Tinto (Rio Tinto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio Tinto PLC (NYSE:RIO) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

RTPPF:USA RIO N:Mexico RIOl:UK RIO:UK RIO1:Germany RIOT34:Brazil RIO:Argentina

Address

6 St James’s Square, London, GBR, SW1Y 4AD

Website

https://www.riotinto.com

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 its 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.