Rio Tinto (FRA:RIOA) Tax Rate % : 26.97% (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Rio Tinto Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rio Tinto's Tax Expense for the six months ended in Dec. 2023 was €1,696 Mil. Rio Tinto's Pre-Tax Income for the six months ended in Dec. 2023 was €6,286 Mil. Therefore, Rio Tinto's Tax Rate % for the quarter that ended in Dec. 2023 was 26.97%.

Rio Tinto Tax Rate % Historical Data

The historical data trend for Rio Tinto's Tax Rate % 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.

* Premium members only.

Rio Tinto Tax Rate % Chart

Rio Tinto Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

37.30

32.43

26.71

30.08

27.80

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
Tax Rate %	Get a 7-Day Free Trial															25.46	23.28	43.28	28.61	26.97

Rio Tinto Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Rio Tinto's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	3513.944	/	12640.845
	=	27.80 %

Rio Tinto's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1695.533	/	6286.035
	=	26.97 %

Rio Tinto Tax Rate % Related Terms

Thank you for viewing the detailed overview of Rio Tinto's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Rio Tinto (FRA:RIOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio Tinto PLC (FRA:RIOA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RTPPF:USA RIO: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.

Rio Tinto (FRA:RIOA) Headlines

No Headlines