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

$116.08

08 May
2025

0.150

OPEN

$115.93

0.13%

HIGH

$117.60

890,322

LOW

$115.60

TARGET
$122.417 5.5% 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) 980.3 xxx
DPS (cps) 622.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.7 xxx
Dividend Yield 5.4% xxx
Div Pay Ratio(%) 63.4% 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: 6.10%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.46

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

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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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

17/04/2025

3

Neutral

$130.00

11.99%

Rio Tinto's 1Q25 iron ore shipments of 70.0mt was down -17% q/q and fell short of Citi's forecast of 75.0mt, with lower-grade SP10 making up a bigger proportion of shipments (32%). Other commodities were broadly in line.

The company didn't revise FY25 shipment guidance but now expects to make it to the lower end of the 323-338mt range due to -13mt impact from bad weather. Plans are in place to offset some of this via additional investment of $150m.

No change to cost and capex guidance.

Neutral. Target unchanged at $130.

FORECAST
Citi forecasts a full year FY25 dividend of 502.85 cents and EPS of 849.45 cents.
Citi forecasts a full year FY26 dividend of 581.27 cents and EPS of 966.32 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$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

27/04/2025

1

Buy

$140.80

21.30%

Rio Tinto's 1Q25 Pilbara iron ore shipment was -4% lower than Goldman Sachs' forecast due to extreme wet weather but copper production beat by 6% on better grades and plant uptime. Most other divisions were lower on the previous quarter.

The company guided FY25 Pilbara volume to the lower end of the 323-338Mt range, prompting the broker to cut its already low estimate to 324Mt (from 325Mt).

FY25-26 EBITDA forecasts were cut by -2% on slightly lower Pilbara shipments and slightly higher unit costs.

Buy. Target cut to $140.80 from $141.90.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 553.59 cents and EPS of 938.03 cents.
Goldman Sachs forecasts a full year FY26 dividend of 568.97 cents and EPS of 953.41 cents.
Access Extra Coverage Research History >

RIO STOCK CHART

FNArena News on RIO

1
Weekly Ratings, Targets, Forecast Changes – 02-05-25

May 05 2025 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Apr 27, 2025

Apr 28 2025 - Daily Market Reports
3
In Case You Missed It – BC Extra Upgrades & Downgrades – 24-04-25

Apr 24 2025 - Weekly Reports
4
In Brief: Equity Portfolio, Aristocrat & US Copper

Apr 24 2025 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Apr 20, 2025

Apr 22 2025 - Daily Market Reports

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