Rio Tinto (RIO) Return on Invested Capital [ROIC] (2009 - 2023)
Rio Tinto's Return on Invested Capital [ROIC] came in at 27.72% for FY2024, up 0.02 percentage points from 27.71% in FY2023.
Analysis
Rio Tinto (RIO) Return on Invested Capital [ROIC] (2009 - 2023) Analysis & Trends
Going back to FY2009, Rio Tinto's Return on Invested Capital [ROIC] data covers 16 years.
- Return on Invested Capital [ROIC] carries a five-year change of +2.97 percentage points (FY2019 to FY2024).
- The five-year range for annual Return on Invested Capital [ROIC] is 27.71% (FY2023) to 64.92% (FY2021).
- Per Business Quant, earlier years put Return on Invested Capital [ROIC] at 27.71% in FY2023 (-9.85 pp), 37.56% in FY2022 (-27.36 pp), 64.92% in FY2021 (+23.54 pp) and 41.38% in FY2020 (+16.62 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 173.13 Bn | 151.92 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 153.19 Bn | 113.69 Bn | - | - |
| 4 | Newmont | 124.78 Bn | 92.78 Bn | 4.03 Bn | 7.86% |
| 5 | Freeport-Mcmoran | 105.49 Bn | 89.53 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 94.62 Bn | 84.25 Bn | 2.43 Bn | 23.34% |
| 7 | Barrick Mining | 69.78 Bn | 44.98 Bn | 2.90 Bn | 24.82% |
| 8 | Nucor | 57.52 Bn | 46.91 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 48.12 Bn | 27.14 Bn | - | 3.53% |
| 10 | AngloGold Ashanti | 47.51 Bn | 35.39 Bn | 1.70 Bn | 39.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 92.13% |
| Dec 31, 2015 | 61.00% |
| Dec 31, 2014 | 42.36% |
| Dec 31, 2013 | 83.91% |
| Dec 31, 2012 | 172.37% |
| Dec 31, 2009 | 395.10% |
API Access
Rio Tinto Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=RIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=RIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();