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RTPPF (Rio Tinto) Market Cap : $103,662 Mil (As of Dec. 13, 2024)


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What is Rio Tinto Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Rio Tinto's share price for the quarter that ended in Jun. 2024 was $64.07. Rio Tinto's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 1,624 Mil. Therefore, Rio Tinto's market cap for the quarter that ended in Jun. 2024 was $104,037 Mil.

Rio Tinto's quarterly market cap increased from Jun. 2023 ($102,846 Mil) to Dec. 2023 ($121,050 Mil) but then declined from Dec. 2023 ($121,050 Mil) to Jun. 2024 ($104,037 Mil).

Rio Tinto's annual market cap increased from Dec. 2021 ($108,415 Mil) to Dec. 2022 ($113,687 Mil) and increased from Dec. 2022 ($113,687 Mil) to Dec. 2023 ($121,050 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Rio Tinto's Enterprise Value for Today is $110,388 Mil.


Rio Tinto Market Cap Historical Data

The historical data trend for Rio Tinto's Market Cap 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 Market Cap Chart

Rio Tinto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96,700.40 120,630.10 108,415.48 113,687.12 121,049.60

Rio Tinto Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98,919.37 113,687.12 102,845.58 121,049.60 104,036.87

Competitive Comparison of Rio Tinto's Market Cap

For the Other Industrial Metals & Mining subindustry, Rio Tinto's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's Market Cap distribution charts can be found below:

* The bar in red indicates where Rio Tinto's Market Cap falls into.



Rio Tinto Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$74.605*1622.54
=$121,050

Rio Tinto's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=$64.07*1623.8
=$104,037

* 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  (OTCPK:RTPPF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Rio Tinto Market Cap Related Terms

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Rio Tinto Business Description

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