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

$166.74

07 Oct
2026

-1.030

OPEN

$167.72

-0.61%

HIGH

$167.72

885,763

LOW

$164.94

TARGET
$171.333 2.8% 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) 1231.5 xxx
DPS (cps) 726.3 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 13.2 xxx
Dividend Yield 4.5% xxx
Div Pay Ratio(%) 59.0% 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: 5.10%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.54

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

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

29/09/2026

1

Buy

$184.00

10.35%

Ord Minnett makes mostly minor changes to commodity price forecasts following a September quarter characterised by stronger energy, coal, precious and most base metal prices, while lithium fell -20%.

The broker remains positive on lithium longer term, lifting CY27 and CY28 price forecasts by 2% and 5%, respectively, supported by electric vehicles, energy storage and renewables demand.

Copper's recent rally is considered vulnerable to reversal, prompting a -6% CY27 price forecast cut, though longer-term fundamentals remain supportive. Aluminium price forecasts are also lowered.

Ord Minnett currently sees more attractive risk-reward across bulk commodities than base metals, particularly iron ore.

Among the major miners, the broker continues to prefer Buy-rated Rio Tinto over Hold-rated BHP Group, citing Rio Tinto's stronger production and earnings growth outlook and lower earnings multiple.

Unchanged Buy rating for Rio Tinto. Target lowered to $184 from $187.

This is a summary of research released by Ord Minnett yesterday.

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

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
Weekly Ratings, Targets, Forecast Changes – 02-10-26

Oct 05 2026 - Weekly Reports
2
Next Week At A Glance – 5-9 Oct 2026

Oct 02 2026 - Weekly Reports
3
Rudi’s View: The Index Is No Longer The Market

Sep 30 2026 - Rudi's View
4
Rudi’s View: Ampol, BlueScope, Evolution, Infratil, Ramelius & More

Sep 24 2026 - Rudi's View
5
Next Week At A Glance – 21-25 Sep 2026

Sep 18 2026 - Weekly Reports

Latest Bulks News

1
New Hope Rides Thermal Coal Wave

Sep 21 2026 - Commodities
2
BHP Shares Ready For Another Big Move (Up)

Aug 11 2026 - Technicals
3
Rising Costs Hit Fortescue Hard

Aug 05 2026 - Commodities
4
Whitehaven Coal Beats June Quarter Challenges

Jul 29 2026 - Commodities
5
Clouds Are Clearing For Rio Tinto Shares

Jul 14 2026 - Technicals
6
Jansen Cost Blow-Out Strains BHP’s Capex Plans

Jun 24 2026 - Commodities
7
Rio Tinto Shares Eye $200 Milestone

Jun 02 2026 - Technicals
8
Steady As She Goes For BHP

Apr 27 2026 - Commodities
9
Copper Offsets Iron Ore For Rio Tinto

Apr 22 2026 - Commodities
10
Rio Tinto Shares Look Poised

Apr 21 2026 - Technicals