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Rio Tinto

Current Price 5471.00p Bid 5471.00p Ask 5473.00p Change 0.00%
Last Updated: 02/06/2024 01:22. Prices delayed by at least 15 minutes.
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Company Overview

Rio Tinto plc is a United Kingdom-based mining and metals company. The Company operates in 35 countries where it produces iron ore, copper, aluminum, critical minerals and other materials needed for the global energy transition. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment is engaged in mining and salt and gypsum production in Western Australia. Aluminum segment is engaged in bauxite mining, alumina refining, and aluminum smelting. Copper segment is engaged in mining and refining of copper, gold, silver, molybdenum, other by-products and exploration activities which is the responsibility of the Copper product Company chief executive.

Financial Highlights Year Ended 31/12/2023

Revenue
£54,041.00m
Operating Profit/Loss
£14,823.00m
Dividend yield (%)
5.80
Total dividend for year
$n/a
Dividend cover
1.67
P/E Ratio
10.30

Key Personnel

Mr Peter Cunningham
CFO & Executive Director
Mr Jakob Stausholm
Chief Financial Officer
Mr Ngaire Woods
Independent Non-Executive Director
Ms Jennifer Nason
Independent Non-Executive Director
Mr Ben Wyatt
Non-Executive Director
Mr Dean Dalla Valle
Non-Executive Director
Mr Dominic Barton
Non-Executive Director
Mr James O'Rourke
Non-Executive Director
Mr Kaisa Hietala
Non-Executive Director
Mr Martina Merz
Non-Executive Director
Mr Simon Henry
Non-Executive Director
Mr Susan Lloyd-Hurwitz
Non-Executive Director
Mr W Sam H Laidlaw
Non-Executive Director

Stock Details

EPIC
RIOL
ISIN
GB0007188757
Shares in Issue
1,374.06m
Market cap
£75,174.62m

Analyst Views (5)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
5,471.00p
Bid Price
5,471.00p
Ask Price
5,473.00p
Volume
483,651
Change Today
0.00p
% Change Today
0.00%
Open
5,519.00p
Previous Close
5,471.00p
Intraday High
5,525.00p
Intraday Low
5,464.00p
52 Week High
5,880.00p
52 Week Low
4,561.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Activist fund Palliser urges Rio Tinto to ditch London listing 23/05/2024 16:52:23 Citi downgrades Rio Tinto on rising China concerns 20/05/2024 08:49:15 Rio Tinto automated iron ore train derails in Western Australia 13/05/2024 07:54:53 Rio Tinto holds guidance despite lower Q1 iron ore production 17/04/2024 07:06:02 Rio Tinto appoints new chief commercial officer 08/04/2024 07:22:43 Falling prices dent full-year earnings at Rio Tinto 21/02/2024 07:15:20 Rio Tinto agrees power deal with Australia's largest solar farm 24/01/2024 07:38:24 Rio Tinto 2023 iron ore shipments rise 3% 16/01/2024 07:02:56 Rio Tinto sees Guinea mine production starting 2025 06/12/2023 07:04:14 Rio Tinto to pay $28m to settle SEC suit over Mozambique writedown 22/11/2023 08:04:24 Barclays upgrades Rio Tinto on improving iron ore outlook 24/10/2023 07:41:59 Rio Tinto reports solid Q3 output, cuts Canadian iron ore guidance 17/10/2023 07:25:32 Rio Tinto appoints Jérôme Pécresse as CEO of aluminium business 05/09/2023 07:20:07 Weaker commodity prices hit profits at Rio Tinto 26/07/2023 07:34:19 Berenberg cuts Rio Tinto target price after Q2 operational review 20/07/2023 12:01:57 Rio Tinto warns of China-led slowdown as Q2 iron ore shipments slip 19/07/2023 07:23:03 Rio Tinto aluminium boss to leave at year-end 13/06/2023 07:25:47 Rio Tinto to invest $1.1bn to expand capacity at Quebec aluminium smelter 12/06/2023 14:29:10 Citi upgrades Rio Tinto to 'buy' 08/06/2023 08:16:41 Deutsche Bank upgrades Rio Tinto to 'buy' 05/06/2023 13:30:26

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Continuing Operations
Revenue
54,041.00
55,554.00
Operating Profit/Loss
14,823.00
19,933.00
Net Interest
-1,713.00
-1,846.00
Pre-Tax Profit
13,785.00
18,662.00
Profit After Tax from continuing operations
9,953.00
13,048.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
9,953.00
13,048.00
Attributable to:
Equity Holders of Parent Company
10,058.00
12,392.00
Minority Interests
-105.00
656.00
Total Dividend Paid
$n/a
$n/a
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
620.30c
765.00c
Diluted
616.50c
760.40c
Adjusted
725.00c
824.70c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
66,468.00
64,734.00
Intangible Assets
5,186.00
4,471.00
Investment Properties
n/a
n/a
Investments
4,407.00
3,298.00
Other Financial Assets
481.00
406.00
Other Non-Current Assets
5,497.00
4,892.00
Current Assets
Inventories
6,659.00
6,213.00
Trade & Other Receivables
3,945.00
3,478.00
Cash at Bank & In Hand
9,673.00
6,775.00
Current Asset Investments
1,118.00
2,160.00
Other Current Assets
115.00
347.00
Other Assets
n/a
n/a
Total Assets
103,549.00
96,774.00

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Current Liabilities
Borrowings
1,169.00
1,215.00
Other Current Liabilities
11,574.00
10,388.00
Total Current Liabilities
12,743.00
11,603.00
Non-Current Liabilities
Borrowings
13,183.00
11,056.00
Provisions
4,515.00
5,213.00
Other Non-Current Liabilities
16,767.00
16,161.00
Total Non-Current Liabilities
34,465.00
32,430.00
Other Liabilities
n/a
n/a
Total Liabilities
47,208.00
44,033.00

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Net Assets
56,341.00
52,741.00

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Share Capital
3,584.00
3,537.00
Share Premium Account
4,324.00
4,322.00
Other Reserves
8,328.00
7,755.00
Retained Earnings
38,350.00
35,020.00
Shareholders Funds
54,586.00
50,634.00
Minority Interests/Other Equity
1,755.00
2,107.00
Total Equity
56,341.00
52,741.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
07 Mar 2024
18 Apr 2024
258.00¢
Interim
10 Aug 2023
21 Sep 2023
177.00¢
Final
09 Mar 2023
20 Apr 2023
225.00¢
Interim
11 Aug 2022
22 Sep 2022
267.00¢
Final
10 Mar 2022
21 Apr 2022
417.00¢
Final
10 Mar 2022
21 Apr 2022
417.00¢
Interim
12 Aug 2021
23 Sep 2021
376.00¢
Interim
12 Aug 2021
23 Sep 2021
376.00¢
Final
04 Mar 2021
15 Apr 2021
309.00¢
Final
04 Mar 2021
15 Apr 2021
309.00¢
Interim
06 Aug 2020
17 Sep 2020
155.00¢
Final
05 Mar 2020
16 Apr 2020
231.00¢
Interim
08 Aug 2019
19 Sep 2019
151.00¢
Interim
08 Aug 2019
19 Sep 2019
151.00¢
Final
07 Mar 2019
18 Apr 2019
180.00¢
Final
07 Mar 2019
18 Apr 2019
180.00¢
Interim
09 Aug 2018
20 Sep 2018
127.00¢
Final
01 Mar 2018
12 Apr 2018
180.00¢
Interim
10 Aug 2017
21 Sep 2017
110.00¢
Final
23 Feb 2017
06 Apr 2017
125.00¢
Interim
11 Aug 2016
22 Sep 2016
45.00¢
Final
25 Feb 2016
07 Apr 2016
107.50¢
Interim
13 Aug 2015
10 Sep 2015
107.50¢
Special
22 Feb 2006
06 Apr 2006
110.00¢
Special
22 Feb 2006
06 Apr 2006
110.00¢
Special
22 Feb 2006
06 Apr 2006
110.00¢

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
-11.59%
-37.96%
Dividend yield
5.80%
6.70%
Dividend cover
1.67
1.68


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