Rio Tinto (ASX:RIO) 3-Year FCF Growth Rate

: -2.20% (As of Dec. 2023)

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Rio Tinto's Free Cash Flow per Share for the six months ended in Dec. 2023 was A$3.75.

During the past 12 months, Rio Tinto's average Free Cash Flow per Share Growth Rate was -13.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -2.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 7.60% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 17.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Rio Tinto was 70.90% per year. The lowest was -43.70% per year. And the median was 16.40% per year.

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate Distribution

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Rio Tinto's 3-Year FCF Growth Rate falls into.

Rio Tinto 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Rio Tinto (ASX:RIO) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Rio Tinto 3-Year FCF Growth Rate Related Terms

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Rio Tinto (ASX:RIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio Tinto Ltd (ASX:RIO) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

RTNTF:USA CRA1:Germany

Address

Level 43, 120 Collins Street, Melbourne, VIC, AUS, 3000

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.