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: 1.08
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

$158.52

09 Jul
2026

-5.330

OPEN

$157.45

-3.25%

HIGH

$158.58

1,773,315

LOW

$156.00

TARGET
$173.833

-0.83 change from previous day

 9.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BHP .
FNARENA'S MARKET CONSENSUS FORECASTS
RIO: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 1303.6 xxx
DPS (cps) 762.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 12.5 xxx
Dividend Yield 4.7% xxx
Div Pay Ratio(%) 58.5% 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: 5.24%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.55

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: 14/08 - ex-div 226.80c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx951.7
DPS All xxxxxxxxxxxxxxx612.8
Sales/Revenue xxxxxxxxxxxxxxx89,387.0 M
Book Value Per Share xxxxxxxxxxxxxxx5,740.5
Net Operating Cash Flow xxxxxxxxxxxxxxx26,590.6 M
Net Profit Margin xxxxxxxxxxxxxxx17.29 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx16.94 %
Return on Invested Capital xxxxxxxxxxxxxxx13.02 %
Return on Assets xxxxxxxxxxxxxxx8.63 %
Return on Equity xxxxxxxxxxxxxxx16.94 %
Return on Total Capital xxxxxxxxxxxxxxx16.90 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-2,068.8 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1,885 M
Long Term Debt xxxxxxxxxxxxxxx33,381 M
Total Debt xxxxxxxxxxxxxxx35,266 M
Goodwill - Gross xxxxxxxxxxxxxxx26,888 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx14,165 M
Price To Book Value xxxxxxxxxxxxxxx2.56

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx19,129.6 M
Capex % of Sales xxxxxxxxxxxxxxx21.40 %
Cost of Goods Sold xxxxxxxxxxxxxxx65,202 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx2,908 M
Research & Development xxxxxxxxxxxxxxx813 M
Investments - Total xxxxxxxxxxxxxxx10,167 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

-0.1

No. Of Recommendations

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

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

09/07/2026

5

Downgrade to Underweight from Equal-weight

$149.00

-6.01%

Morgan Stanley observes recent weakness in the materials sector stems from profit-taking after a run of 18 months and this creates a "pullback opportunity" to rotate into commodities that have strong demand fundamentals, such as in uranium and copper.

Rio Tinto is downgraded to Underweight from Equal-weight amid flattening momentum in aluminium and potential merger-talk likely to be revived post August 5.

The broker envisages some near-term volume growth in Simandou, Oyu Tolgoi and lithium but medium-term growth visibility is more limited amid lower copper exposure versus peers.

Target is reduced to $149.00 from $171.50. Industry view is Attractive.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 736.76 cents and EPS of 1217.65 cents.
Morgan Stanley forecasts a full year FY27 dividend of 673.53 cents and EPS of 1113.23 cents.

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

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
Access Extra Coverage Research History >

RIO STOCK CHART

FNArena News on RIO

1
Rudi’s View: July’s Stock Pickers’ Favourites

Jul 09 2026 - Rudi's View
2
FY26 In Review: Up Thanks To Miners & Dividends

Jul 07 2026 - Australia
3
Weekly Ratings, Targets, Forecast Changes – 03-07-26

Jul 06 2026 - Weekly Reports
4
Rudi’s View: Best Buys & Conviction Calls In July

Jul 02 2026 - Rudi's View
5
Uranium Week: Super Cycle Demand For Power

Jun 23 2026 - Weekly Reports

Latest Bulks News

1
Jansen Cost Blow-Out Strains BHP’s Capex Plans

Jun 24 2026 - Commodities
2
Rio Tinto Shares Eye $200 Milestone

Jun 02 2026 - Technicals
3
Steady As She Goes For BHP

Apr 27 2026 - Commodities
4
Copper Offsets Iron Ore For Rio Tinto

Apr 22 2026 - Commodities
5
Rio Tinto Shares Look Poised

Apr 21 2026 - Technicals
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Apr 15 2026 - Treasure Chest
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BHP Group’s Pullback Opportunity

Mar 31 2026 - Technicals
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Coronado’s Bounce Off Support An Opportunity

Mar 10 2026 - Technicals