Rio Tinto (RIO) Return on Equity [ROE] (2009 - 2023)
Rio Tinto (RIO) reported Return on Equity [ROE] of 20.25% for FY2024, up 2.00 percentage points from 18.25% in FY2023.
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Analysis
Rio Tinto (RIO) Return on Equity [ROE] (2009 - 2023) Analysis & Trends
Dating back to FY2009, Rio Tinto's Return on Equity [ROE] record includes 16 years.
- Return on Equity [ROE] has a five-year change of +5.58 percentage points (FY2019 to FY2024).
- Five-year annual Return on Equity [ROE] spans a low of 18.25% in FY2023 and a high of 41.66% in FY2021.
- According to Business Quant data, Return on Equity [ROE] came in at 18.25% in FY2023 (-5.62 pp), 23.87% in FY2022 (-17.79 pp), 41.66% in FY2021 (+20.24 pp) and 21.41% in FY2020 (+6.74 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 167.04 Bn | 136.08 Bn | - | - |
| 2 | Southern Copper | 153.27 Bn | 132.06 Bn | 2.90 Bn | 46.23% |
| 3 | Rio Tinto | 135.90 Bn | 96.40 Bn | - | - |
| 4 | Newmont | 116.06 Bn | 81.21 Bn | 4.22 Bn | 26.49% |
| 5 | Freeport-Mcmoran | 93.83 Bn | 93.83 Bn | - | - |
| 6 | Agnico Eagle Mines | 85.68 Bn | 72.62 Bn | 2.15 Bn | 21.20% |
| 7 | Barrick Mining | 65.42 Bn | 40.62 Bn | 2.90 Bn | 29.62% |
| 8 | Nucor | 64.76 Bn | 64.76 Bn | - | - |
| 9 | ArcelorMittal | 47.69 Bn | 26.71 Bn | - | 3.38% |
| 10 | AngloGold Ashanti | 42.33 Bn | 30.22 Bn | 1.70 Bn | 46.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 132.92% |
| Dec 31, 2019 | 123.04% |
| Dec 31, 2018 | 65.18% |
| Dec 31, 2017 | 56.00% |
| Dec 31, 2016 | 50.78% |
| Dec 31, 2015 | 54.86% |
| Dec 31, 2014 | 69.57% |
| Dec 31, 2013 | 54.54% |
| Dec 31, 2012 | 37.46% |
| Dec 31, 2011 | -51.92% |
| Jun 30, 2011 | -31.52% |
| Jun 30, 2010 | -225.22% |
| Dec 31, 2009 | -332.96% |
| Jun 30, 2009 | -246.10% |
API Access
Rio Tinto Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=RIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=RIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();