Rio Tinto PLC
XHAM:RIO1
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
114B GBP |
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|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
266B AUD |
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|
|
| US |
|
Southern Copper Corp
NYSE:SCCO
|
161.2B USD |
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|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
121.5B ZAR |
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|
|
| US |
|
Freeport-McMoRan Inc
NYSE:FCX
|
89.4B USD |
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|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
381B BRL |
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|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
66.4B AUD |
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|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
258.5B AUD |
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|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN |
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|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
61.5B GBP |
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|
| CN |
|
CMOC Group Ltd
SSE:603993
|
504.5B CNY |
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|
Market Distribution
| Min | -188 120% |
| 30th Percentile | 0% |
| Median | 0% |
| 70th Percentile | 0.1% |
| Max | 10 443.9% |
Other Profitability Ratios
Rio Tinto PLC
Glance View
Rio Tinto PLC operates at the heart of the Earth's riches, orchestrating a grand symphony of extraction and production within the global mining industry. Founded in 1873, this Anglo-Australian behemoth is renowned for its exploration, mining, and processing capabilities, which play a crucial role in supplying the world with metals and minerals essential for everyday life. The company is a titan in the mining of iron ore, aluminum, copper, and other key materials, such as diamonds and uranium. By tapping into an impressive portfolio of rich mining assets across continents, Rio Tinto combines cutting-edge technology with years of geological expertise to efficiently unearth and refine these valuable commodities. This intricate dance of complex geological surveys, adept resource mining, and meticulous refining processes sees raw materials transformed into high-quality products, ready to meet the ever-demanding needs of various industries worldwide. The company's revenue streams flow from its skillful navigation of market demands and efficient logistics operations that ensure steady distribution to end markets across the globe. In the verdant landscapes of the Pilbara region in Western Australia, Rio Tinto's iron ore operations stand as a testament to its leadership in supplying the key ingredient for steel production—a fundamental component in construction, transportation, and infrastructure industries. Meanwhile, its aluminum operations stretch from bauxite mining to alumina refining and aluminum smelting, providing lightweight solutions pivotal in automotive and aerospace applications. Copper, critical for the burgeoning green revolution, flows through Rio Tinto's meticulous network from mine to market. Underpinning it all is a commitment to sustainability and innovation, as Rio Tinto embraces technological advancements and adapts to shifting global demands, thereby cementing its stature as a cornerstone in the mining sector's economic tapestry.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Rio Tinto PLC is 19.1%, which is in line with its 3-year median of 19.1%.
Over the last 3 years, Rio Tinto PLC’s Net Margin has decreased from 29.5% to 19.1%. During this period, it reached a low of 16.3% on Jun 30, 2023 and a high of 29.5% on Jun 30, 2022.