RTPPF (Rio Tinto) Operating Income: $15,448 Mil (TTM As of Dec. 2025)


RTPPF Rio Tinto PLC RTPPF
73 GF Score
Price $94.32
GF Value $73.16
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Rio Tinto Operating Income?

Rio Tinto RTPPF 73 Operating Income is $15,448 Mil as of Dec. 2025. GuruFocus rates RTPPF with a GF Score™ of 73/100 and a GF Value™ of $73.16 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Rio Tinto's Operating Income for the six months ended in Dec. 2025 was $8,355 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $15,448 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Rio Tinto's Operating Income for the six months ended in Dec. 2025 was $8,355 Mil. Rio Tinto's Revenue for the six months ended in Dec. 2025 was $30,765 Mil. Therefore, Rio Tinto's Operating Margin % for the quarter that ended in Dec. 2025 was 27.16%.

Warning Sign:

Rio Tinto PLC operating margin has been in a 5-year decline. The average rate of decline per year is -10.5%.

Rio Tinto's 5-Year average Growth Rate for Operating Margin % was -10.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rio Tinto's annualized ROC % for the quarter that ended in Dec. 2025 was 11.14%. Rio Tinto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.02%.


Rio Tinto  (OTCPK:RTPPF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rio Tinto's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=16710 * ( 1 - 27.05% )/( (103723 + 115145)/ 2 )
=12189.945/109434
=11.14 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Rio Tinto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17464/( ( (79131 + max(-1239, 0)) + (87035 + max(-1003, 0)) )/ 2 )
=17464/( ( 79131 + 87035 )/ 2 )
=17464/83083
=21.02 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4573 + 6831 + 221) - (9862 + 0 + 3002)
=-1239

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2658 + 6968 + 3044) - (6318 + 0 + 7355)
=-1003

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Rio Tinto's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=8355/30765
=27.16 %

* 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.

4. 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 Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Rio Tinto Operating Income Related Terms


Rio Tinto Operating Income Historical Data

* Premium members only.

The historical data trend for Rio Tinto's Operating Income 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 Operating Income Chart

Rio Tinto Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,100.00 19,414.00 15,712.00 14,784.00 15,448.00

Rio Tinto Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income 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 7,290.00 8,218.00 6,566.00 7,093.00 8,355.00
RTPPF
73GF Score
Rio Tinto PLC RTPPF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Rio Tinto Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $15,448 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $15,448 Mil mean?
Rio Tinto (RTPPF) has a Operating Income of $15,448 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Rio Tinto and its competitors.
Is Rio Tinto's Operating Income too high?
Rio Tinto's current Operating Income is $15,448 Mil. Overall, Rio Tinto has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rio Tinto's Operating Income compare to competitors?
Rio Tinto's Operating Income of $15,448 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 Operating Income for a Metals & Mining company?
A good Operating Income depends on the Metals & Mining industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Rio Tinto and its competitors. Rio Tinto's current Operating Income is $15,448 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 Modestly Overvalued. The stock's GF Value™ is $73.16, compared to a current price of $94.32 — trading 28.9% above its estimated fair value. The current Operating Income is $15,448 Mil. Rio Tinto's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Rio Tinto (RTPPF), the current Operating Income is $15,448 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 28.9% above its estimated GF Value™ of $73.16. GuruFocus considers Rio Tinto to be Modestly Overvalued.

Key valuation signals for RTPPF:

  • Operating Income: $15,448 Mil
  • GF Value™: $73.16 vs. price of $94.32 (28.9% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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 Business Description

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

Get the complete analysis for RTPPF

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$94.32
Price
$73.16
GF Value