RIO TINTO LIMITED (RIO)
Share Price Analysis and Chart

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RIO

RIO - RIO TINTO LIMITED

FNArena Sector : Bulks
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 0.75
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Rio Tinto is an Anglo-Australian multinational and the world's second largest metals and mining company behind BHP. It produces iron ore, copper, diamonds, gold, titanium dioxide and zircon, uranium, and more. It has been a listed entity since 1962.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$111.54

17 Apr
2025

3.170

OPEN

$109.75

2.93%

HIGH

$111.61

1,733,286

LOW

$109.75

TARGET
$121.75 9.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BHP .
FNARENA'S MARKET CONSENSUS FORECASTS
RIO: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 981.4 xxx
DPS (cps) 605.5 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.4 xxx
Dividend Yield 5.4% xxx
Div Pay Ratio(%) 61.7% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 5.17%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.64

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 15/08 - ex-div 269.98c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx1,079.0
DPS All xxxxxxxxxxxxxxx598.2
Sales/Revenue xxxxxxxxxxxxxxx81,349.4 M
Book Value Per Share xxxxxxxxxxxxxxx5,495.7
Net Operating Cash Flow xxxxxxxxxxxxxxx24,372.4 M
Net Profit Margin xxxxxxxxxxxxxxx21.53 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx20.70 %
Return on Invested Capital xxxxxxxxxxxxxxx16.67 %
Return on Assets xxxxxxxxxxxxxxx11.02 %
Return on Equity xxxxxxxxxxxxxxx20.70 %
Return on Total Capital xxxxxxxxxxxxxxx17.95 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-864.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx862 M
Long Term Debt xxxxxxxxxxxxxxx21,515 M
Total Debt xxxxxxxxxxxxxxx22,377 M
Goodwill - Gross xxxxxxxxxxxxxxx24,161 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx14,397 M
Price To Book Value xxxxxxxxxxxxxxx2.14

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx14,586.1 M
Capex % of Sales xxxxxxxxxxxxxxx17.93 %
Cost of Goods Sold xxxxxxxxxxxxxxx60,036 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,606 M
Research & Development xxxxxxxxxxxxxxx603 M
Investments - Total xxxxxxxxxxxxxxx9,573 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

17/04/2025

3

Neutral

$120.00

7.58%

March quarter iron ore production for Rio Tinto at the Pilbara was impacted by weather and FY25 guidance trimmed to the "lower end" of 323-338mt guidance range, as expected  by UBS. Ore quality remains low and continues to impact realised pricing, note the analysts.

Aluminium and bauxite operations were stable, with bauxite output exceeding expectations at 15Mt.

Copper production fell -8% quarter-on-quarter due to maintenance at Oyu Tolgoi and shipping issues at Escondida, explains UBS, though volumes are expected to recover in H2.

Simandou remains on track for first production by end-2025, highlights the broker, and the Rincon lithium project has commenced commissioning.

Neutral. Target $120.

FORECAST
UBS forecasts a full year FY25 dividend of 674.35 cents and EPS of 966.50 cents.
UBS forecasts a full year FY26 dividend of 654.38 cents and EPS of 1011.71 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

13/04/2025

1

Buy

$141.90

27.22%

A recent China trip and a review of supply/dynamics due to the impact of global tariffs have resulted in Goldman Sachs downgrading most commodity price forecasts while raising estimates for precious metals.

This resulted in downgrades to 2025 and 2026 EBITDA and price targets for most companies under their coverage.

In addition to revisions to commodity prices, the broker cut forecast for Rio Tinto's March quarter Pilbara iron ore shipments

Buy. Target cut to $141.90 from $143.50.

FORECAST
Goldman Sachs forecasts a full year FY25 EPS of 953.92 cents.
Goldman Sachs forecasts a full year FY26 EPS of 969.28 cents.
Access Extra Coverage Research History >

RIO STOCK CHART

FNArena News on RIO

1
Australian Broker Call *Extra* Edition – Apr 15, 2025

Apr 16 2025 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Apr 14, 2025

Apr 14 2025 - Daily Market Reports
3
Weekly Ratings, Targets, Forecast Changes – 11-04-25

Apr 14 2025 - Weekly Reports
4
March In Review: Gold Shines As Tech Suffers

Apr 03 2025 - Australia
5
Next Week At A Glance – 31 Mar – 4 April, 2025

Mar 28 2025 - Weekly Reports

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