RIO TINTO LIMITED (RIO)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

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

$152.70

15 Oct
2026

-7.780

OPEN

$158.00

-4.85%

HIGH

$158.30

3,022,231

LOW

$152.18

TARGET
$167.50

-1.50 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) 1194.0 xxx
DPS (cps) 719.8 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 13.0 xxx
Dividend Yield 4.6% xxx
Div Pay Ratio(%) 60.3% 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: 4.92%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.73

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: 13/08 - ex-div 302.86c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx951.7
DPS All xxxxxxxxxxxxxxx615.1
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

0.2

No. Of Recommendations

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

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

15/10/2026

1

Outperform

$186.00

21.81%

Macquarie observes Rio Tinto's 3Q2026 results basically met expectations.

Core copper volumes came in above expectations at 205kt, some 1% above consensus with Oyu Tolgoi delivering 17% q/q growth to 113.5kt with better grades and recoveries, the analyst explains.

Pilbara sales of 85.7Mt were also slightly better by 1% assisted by productivity gains.

The broker pointed to a miss on Escondido mine production of around -6% on consensus and down -10% q/q due to severe weather and a safety stand down. Lithium was also softer with concentrate of 13kt, some -21% below consensus and down -11% q/q.

Simandou beat on the circa 10Mtpa run rate but only 1.3Mt were sold. EPS forecasts are tweaked slightly.

No change to Outperform rating and $186 target price.

FORECAST
Macquarie forecasts a full year FY26 dividend of 781.14 cents and EPS of 1308.71 cents.
Macquarie forecasts a full year FY27 dividend of 809.50 cents and EPS of 1371.63 cents.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
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
Next Week At A Glance – 19 – 23 Oct 2026

Oct 16 2026 - Weekly Reports
2
Rudi’s View: Stocks To Own & Best To Avoid

Oct 15 2026 - Rudi's View
3
Next Week At A Glance – 12-16 Oct 2026

Oct 09 2026 - Weekly Reports
4
Weekly Ratings, Targets, Forecast Changes – 02-10-26

Oct 05 2026 - Weekly Reports
5
Next Week At A Glance – 5-9 Oct 2026

Oct 02 2026 - Weekly Reports

Latest Bulks News

1
Selling Pressure Dominates MinRes Shares

Oct 14 2026 - Technicals
2
Fortescue Confronts A New Pricing Reality

Oct 14 2026 - Commodities
3
New Hope Rides Thermal Coal Wave

Sep 21 2026 - Commodities
4
BHP Shares Ready For Another Big Move (Up)

Aug 11 2026 - Technicals
5
Rising Costs Hit Fortescue Hard

Aug 05 2026 - Commodities
6
Whitehaven Coal Beats June Quarter Challenges

Jul 29 2026 - Commodities
7
Clouds Are Clearing For Rio Tinto Shares

Jul 14 2026 - Technicals
8
Jansen Cost Blow-Out Strains BHP’s Capex Plans

Jun 24 2026 - Commodities
9
Rio Tinto Shares Eye $200 Milestone

Jun 02 2026 - Technicals
10
Steady As She Goes For BHP

Apr 27 2026 - Commodities