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Year on year Rio Tinto Ltd 's net income fell -18.83% from 12.39bn to 10.06bn despite relatively flat revenues. A contributing factor has been an increase in the percentage of sales devoted to the cost of goods sold from 30.10% to 31.71%.
Gross margin | -- |
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Net profit margin | 20.11% |
Operating margin | 29.23% |
Return on assets | 10.93% |
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Return on equity | 20.11% |
Return on investment | 12.57% |
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Cash flow in USDView more
In 2023, Rio Tinto Ltd increased its cash reserves by 42.78%, or 2.90bn. The company earned 15.16bn from its operations for a Cash Flow Margin of 28.05%. In addition the company used 6.96bn on investing activities and also paid 5.28bn in financing cash flows.
Cash flow per share | 15.58 |
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Price/Cash flow per share | 6.39 |
Book value per share | 52.10 |
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Tangible book value per share | 47.80 |
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Balance sheet in USDView more
Current ratio | 1.70 |
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Quick ratio | 1.16 |
Total debt/total equity | 0.2588 |
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Total debt/total capital | 0.2001 |
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Growth rates in USD
Year on year, both dividends per share and earnings per share excluding extraordinary items growth dropped -8.00% and -18.93%, respectively. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.
Div yield(5 year avg) | 6.52% |
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Div growth rate (5 year) | 8.41% |
Payout ratio (TTM) | 66.05% |
EPS growth(5 years) | -4.78 |
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EPS (TTM) vs TTM 1 year ago | 25.70 |
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