Rio Tinto (RIO) Asset Utilization Ratio (2011 - 2017)
Rio Tinto's Asset Utilization Ratio was 0.52 in FY2024, down 3.6% from 0.54 in FY2023.
Analysis
Rio Tinto (RIO) Asset Utilization Ratio (2011 - 2017) Analysis & Trends
From FY2009 onward, Rio Tinto has reported Asset Utilization Ratio for 16 years.
- Asset Utilization Ratio has now declined for three consecutive years.
- The FY2024 figure marks the lowest annual Asset Utilization Ratio since FY2020.
- Per Business Quant data, Asset Utilization Ratio in earlier years was 0.54 in FY2023 (-3.0%), 0.56 in FY2022 (-12.2%), 0.63 in FY2021 (+31.6%) and 0.48 in FY2020 (-0.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 173.13 Bn | 151.92 Bn | 2.90 Bn | 0.69 |
| 3 | Rio Tinto | 153.19 Bn | 113.69 Bn | - | - |
| 4 | Newmont | 124.78 Bn | 92.78 Bn | 4.03 Bn | 0.45 |
| 5 | Freeport-Mcmoran | 105.49 Bn | 89.53 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 94.62 Bn | 84.25 Bn | 2.43 Bn | 0.40 |
| 7 | Barrick Mining | 69.78 Bn | 44.98 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 57.52 Bn | 46.91 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 48.12 Bn | 27.14 Bn | - | 0.64 |
| 10 | AngloGold Ashanti | 47.51 Bn | 35.39 Bn | 1.70 Bn | 0.76 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2017 | 1.31 |
| Dec 31, 2016 | 1.78 |
| Dec 31, 2015 | 1.96 |
| Dec 31, 2014 | 0.07 |
| Dec 31, 2013 | 1.83 |
| Dec 31, 2012 | 1.36 |
| Dec 31, 2011 | 0.95 |
| Jun 30, 2011 | 0.47 |
API Access
Rio Tinto Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=RIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "RIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=RIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();