Rio Tinto (RIO) Return on Capital Employed [ROCE] (2009 - 2023)
Rio Tinto (RIO) reported Return on Capital Employed [ROCE] of 13.62% for FY2024, down 1.03 percentage points from 14.65% in FY2023.
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Analysis
Rio Tinto (RIO) Return on Capital Employed [ROCE] (2009 - 2023) Analysis & Trends
Dating back to FY2009, Rio Tinto's Return on Capital Employed [ROCE] record includes 16 years.
- Return on Capital Employed [ROCE] has declined for three consecutive years, though with a five-year change of +2.21 percentage points (FY2019 to FY2024).
- The FY2024 figure ranks as the lowest annual Return on Capital Employed [ROCE] since FY2019.
- According to Business Quant data, Return on Capital Employed [ROCE] came in at 14.65% in FY2023 (-3.24 pp), 17.89% in FY2022 (-8.55 pp), 26.44% in FY2021 (+10.29 pp) and 16.15% in FY2020 (+4.74 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 173.13 Bn | 151.92 Bn | 2.90 Bn | 42.99% |
| 3 | Rio Tinto | 153.19 Bn | 113.69 Bn | - | - |
| 4 | Newmont | 124.78 Bn | 92.78 Bn | 4.03 Bn | 9.92% |
| 5 | Freeport-Mcmoran | 105.49 Bn | 89.53 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 94.62 Bn | 84.25 Bn | 2.43 Bn | 27.90% |
| 7 | Barrick Mining | 69.78 Bn | 44.98 Bn | 2.90 Bn | 22.21% |
| 8 | Nucor | 57.52 Bn | 46.91 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 48.12 Bn | 27.14 Bn | - | 3.51% |
| 10 | AngloGold Ashanti | 47.51 Bn | 35.39 Bn | 1.70 Bn | 34.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 51.03% |
| Dec 31, 2015 | 22.85% |
| Dec 31, 2014 | 16.87% |
| Dec 31, 2013 | 35.14% |
| Dec 31, 2012 | 69.51% |
| Dec 31, 2011 | 62.17% |
| Dec 31, 2009 | 68.86% |
API Access
Rio Tinto Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=RIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=RIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();