Rio Tinto (RIO) Net Income (2009 - 2023)
Rio Tinto's Net Income was $19.86 billion in FY2024, down 1.9% from $20.25 billion in FY2023.
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Analysis
Rio Tinto (RIO) Net Income (2009 - 2023) Analysis & Trends
From FY2009 onward, Rio Tinto has reported Net Income for 16 years.
- Net Income has now declined for three consecutive years, though with a five-year compound annual growth rate of 0.2% (FY2019 to FY2024).
- The FY2024 figure marks the lowest annual Net Income since FY2019.
- Per Business Quant data, Net Income in earlier years was $20.25 billion in FY2023 (-12.6%), $23.16 billion in FY2022 (-31.8%), $33.94 billion in FY2021 (+55.5%) and $21.82 billion in FY2020 (+10.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 173.13 Bn | 151.92 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Rio Tinto | 153.19 Bn | 113.69 Bn | - | - |
| 4 | Newmont | 124.78 Bn | 92.78 Bn | 4.03 Bn | 2.25 Bn |
| 5 | Freeport-Mcmoran | 105.49 Bn | 89.53 Bn | 2.19 Bn | 1.39 Bn |
| 6 | Agnico Eagle Mines | 94.62 Bn | 84.25 Bn | 2.43 Bn | 1.60 Bn |
| 7 | Barrick Mining | 69.78 Bn | 44.98 Bn | 2.90 Bn | 1.89 Bn |
| 8 | Nucor | 57.52 Bn | 46.91 Bn | 2.03 Bn | 1.28 Bn |
| 9 | ArcelorMittal | 48.12 Bn | 27.14 Bn | - | 1.20 Bn |
| 10 | AngloGold Ashanti | 47.51 Bn | 35.39 Bn | 1.70 Bn | 1.19 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 22.60 Bn |
| Dec 31, 2019 | 22.14 Bn |
| Dec 31, 2018 | 19.32 Bn |
| Dec 31, 2017 | 8.85 Bn |
| Dec 31, 2016 | 4.78 Bn |
| Dec 31, 2015 | 877.00 Mn |
| Dec 31, 2014 | 2.07 Bn |
| Dec 31, 2013 | 2.61 Bn |
| Dec 31, 2012 | -3.03 Bn |
| Dec 31, 2011 | 4.97 Bn |
| Jun 30, 2010 | -61.00 Mn |
| Dec 31, 2009 | 36.54 Bn |
| Jun 30, 2009 | -522.00 Mn |
API Access
Rio Tinto Net Income 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=net-income&ticker=RIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=RIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();