Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Rio Tinto's shares outstanding for the quarter that ended in Dec. 2025 was 1,625 Mil.
Rio Tinto's quarterly shares outstanding
increased
from Jun. 2025 (1,625 Mil) to Dec. 2025 (1,625 Mil).
It means Rio Tintoissued new shares from Jun. 2025 to Dec. 2025 .
Rio Tinto's annual shares outstanding
increased
from Dec. 2024 (1,624 Mil) to Dec. 2025 (1,625 Mil).
It means Rio Tintoissued new shares from Dec. 2024 to Dec. 2025 .
Rio Tinto (OTCPK:RTPPF) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Rio Tinto Shares Outstanding (EOP) Related Terms
Rio Tinto Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Rio Tinto's Shares Outstanding (EOP) 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.
Rio Tinto Shares Outstanding (EOP) Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Rio Tinto's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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 Shares Outstanding (EOP) vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Rio Tinto's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Rio Tinto's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 1,625 Mil mean?
Rio Tinto (RTPPF) has a Shares Outstanding (EOP) of 1,625 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Rio Tinto and its competitors.
Is Rio Tinto's Shares Outstanding (EOP) too high?
Rio Tinto's current Shares Outstanding (EOP) is 1,625 Mil. Overall, Rio Tinto has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rio Tinto's Shares Outstanding (EOP) compare to competitors?
Rio Tinto's Shares Outstanding (EOP) of 1,625 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Rio Tinto and its competitors. Rio Tinto's current Shares Outstanding (EOP) is 1,625 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rio Tinto stock overvalued right now?
Based on GuruFocus' analysis, Rio Tinto (RTPPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $69.40, compared to a current price of $94.32 — trading 35.9% above its estimated fair value. The current Shares Outstanding (EOP) is 1,625 Mil. Rio Tinto's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Rio Tinto (RTPPF), the current Shares Outstanding (EOP) is 1,625 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Rio Tinto (RTPPF) Overvalued in 2026?
Based on GuruFocus' analysis, Rio Tinto stock appears to be overvalued.
The current stock price of $94.32 is trading 35.9% above its estimated GF Value™ of $69.40.
GuruFocus considers Rio Tinto to be Significantly Overvalued.
Key valuation signals for RTPPF:
Shares Outstanding (EOP): 1,625 Mil
GF Value™: $69.40 vs. price of $94.32 (35.9% above fair value)
No single metric tells the full story. See the RTPPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rio Tinto is a global diversified miner. Iron ore is its major commodity, with lesser contributions from copper and aluminum. Lithium, diamonds, gold, and industrial minerals are more minor contributors. 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.
73GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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