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Rio Tinto (CHIX:RIOL) Net Margin %

: 18.05% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Rio Tinto's Net Income for the six months ended in Dec. 2023 was £3,903 Mil. Rio Tinto's Revenue for the six months ended in Dec. 2023 was £21,625 Mil. Therefore, Rio Tinto's net margin for the quarter that ended in Dec. 2023 was 18.05%.

The historical rank and industry rank for Rio Tinto's Net Margin % or its related term are showing as below:

CHIX:RIOl' s Net Margin % Range Over the Past 10 Years
Min: -2.49   Med: 20.25   Max: 33.66
Current: 18.61


CHIX:RIOl's Net Margin % is ranked better than
87.22% of 861 companies
in the Metals & Mining industry
Industry Median: 0.28 vs CHIX:RIOl: 18.61

Rio Tinto Net Margin % Historical Data

The historical data trend for Rio Tinto's Net Margin % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.56 21.90 33.25 22.31 18.61

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
Net Margin % 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 28.94 30.04 13.38 19.19 18.05

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

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

* The bar in red indicates where Rio Tinto's Net Margin % falls into.



Rio Tinto Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=7945.82/42692.39
=18.61 %

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

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3903.39/21625.46
=18.05 %

* 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  (CHIX:RIOl) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Rio Tinto Net Margin % Related Terms

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Rio Tinto (CHIX:RIOL) 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 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 (CHIX:RIOL) Headlines

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