Rio Tinto Group (RIO) Revenue & Revenue Breakdown
Rio Tinto Group Revenue Highlights
Latest Revenue (Y)
$54.04B
Latest Revenue (Q)
$27.16B
Main Segment (Y)
Iron Ore
Main Geography (Y)
Greater China
Rio Tinto Group Revenue by Period
Rio Tinto Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $54.04B | -2.72% |
| 2022-12-31 | $55.55B | -12.51% |
| 2021-12-31 | $63.49B | 42.33% |
| 2020-12-31 | $44.61B | 3.35% |
| 2019-12-31 | $43.16B | 6.52% |
| 2018-12-31 | $40.52B | 1.23% |
| 2017-12-31 | $40.03B | 18.50% |
| 2016-12-31 | $33.78B | -3.01% |
| 2015-12-31 | $34.83B | -26.93% |
| 2014-12-31 | $47.66B | -6.85% |
| 2013-12-31 | $51.17B | 0.40% |
| 2012-12-31 | $50.97B | -15.81% |
| 2011-12-31 | $60.54B | 7.00% |
| 2010-12-31 | $56.58B | 30.33% |
| 2009-12-31 | $43.41B | -20.00% |
| 2008-12-31 | $54.26B | 82.71% |
| 2007-12-31 | $29.70B | 32.21% |
| 2006-12-31 | $22.46B | 18.03% |
| 2005-12-31 | $19.03B | 46.93% |
| 2004-12-31 | $12.95B | 40.38% |
| 2003-12-31 | $9.23B | 9.24% |
| 2002-12-31 | $8.45B | 3.62% |
| 2001-12-31 | $8.15B | -29.71% |
| 2000-12-31 | $11.60B | 0.12% |
| 1999-12-31 | $11.58B | -2.23% |
| 1998-12-31 | $11.85B | -3.60% |
| 1997-12-31 | $12.29B | 58.42% |
| 1996-12-31 | $7.76B | -2.61% |
| 1995-12-31 | $7.97B | 122.68% |
| 1994-12-31 | $3.58B | - |
Rio Tinto Group generated $54.04B in revenue during NA 2023, up -2.72% compared to the previous quarter, and up 133.36% compared to the same period a year ago.
Rio Tinto Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $27.16B | 1.84% |
| 2023-06-30 | $26.67B | -1.38% |
| 2022-12-31 | $27.04B | -9.18% |
| 2022-06-30 | $29.77B | -3.00% |
| 2021-12-31 | $30.69B | -7.22% |
| 2021-06-30 | $33.08B | 33.42% |
| 2020-12-31 | $24.80B | 28.07% |
| 2020-06-30 | $19.36B | -14.87% |
| 2019-12-31 | $22.74B | 9.76% |
| 2019-06-30 | $20.72B | 0.55% |
| 2018-12-31 | $20.61B | 3.48% |
| 2018-06-30 | $19.91B | -3.85% |
| 2017-12-31 | $20.71B | 7.21% |
| 2017-05-31 | $19.32B | 5.68% |
| 2016-12-31 | $18.28B | 17.94% |
| 2016-06-30 | $15.50B | -8.01% |
| 2015-12-31 | $16.85B | -6.29% |
| 2015-06-30 | $17.98B | -22.92% |
| 2014-12-31 | $23.33B | -4.15% |
| 2014-06-30 | $24.34B | -8.71% |
| 2013-12-31 | $26.66B | 8.77% |
| 2013-06-30 | $24.51B | 100.00% |
| 2012-12-31 | - | 100.00% |
| 2012-06-30 | - | 100.00% |
| 2011-12-31 | - | 100.00% |
| 2011-06-30 | - | 100.00% |
| 2010-12-31 | - | 100.00% |
| 2010-06-30 | - | 100.00% |
| 2009-12-31 | - | 100.00% |
| 2009-06-30 | - | 100.00% |
| 2008-06-30 | - | 100.00% |
| 2007-06-30 | - | 100.00% |
| 2006-06-30 | - | 100.00% |
| 2005-06-30 | - | 100.00% |
| 2004-06-30 | - | 100.00% |
| 2003-06-30 | - | 100.00% |
| 2002-06-30 | - | 100.00% |
| 2001-06-30 | - | 100.00% |
| 2000-06-30 | - | 100.00% |
| 1999-06-30 | - | 100.00% |
| 1998-06-30 | - | - |
Rio Tinto Group generated $27.16B in revenue during Q4 2023, up 1.84% compared to the previous quarter, and up 82.09% compared to the same period a year ago.
Rio Tinto Group Revenue Breakdown
Rio Tinto Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Copper | $3.28B | $3.23B | $1.72B | $2.03B | $2.42B |
| Aluminium, Alumina And Bauxite | $13.96B | $12.34B | - | - | - |
| Diamonds | $816.00M | $501.00M | $459.00M | $619.00M | $695.00M |
| Other Product | $1.71B | $1.84B | $1.19B | $1.70B | $1.60B |
| Industrial Minerals | $2.69B | $2.11B | $2.05B | $2.25B | $2.09B |
| Gold | $573.00M | $1.07B | $471.00M | $667.00M | $869.00M |
| Iron Ore | $33.07B | $42.99B | $28.20B | $25.52B | $19.89B |
| Uranium | - | $229.00M | $299.00M | - | - |
| Aluminium | - | - | $9.09B | $10.21B | $12.04B |
| Coal | - | - | - | - | $986.00M |
Rio Tinto Group's latest annual revenue breakdown by segment (product or service), as of Dec 22: Iron Ore (58.96%), Aluminium, Alumina And Bauxite (24.88%), Copper (5.84%), Industrial Minerals (4.79%), Other Product (3.05%), Diamonds (1.45%), and Gold (1.02%).
Quarterly Revenue by Product
| Product/Service | Jun 23 | Jun 22 | Jun 21 | Jun 19 |
|---|---|---|---|---|
| Copper | $1.70B | $1.70B | $1.47B | $1.06B |
| Aluminium, Alumina And Bauxite | $6.19B | $7.32B | - | - |
| Diamonds | $250.00M | $465.00M | $160.00M | $271.00M |
| Gold | $236.00M | $322.00M | $506.00M | $393.00M |
| Other Product | $765.00M | $829.00M | $827.00M | $732.00M |
| Industrial Minerals | $1.25B | $1.23B | $1.14B | $1.12B |
| Iron Ore | $16.32B | $17.55B | $21.96B | $11.57B |
| Uranium | - | - | $76.00M | - |
| Aluminium | - | - | $5.73B | $5.06B |
| Coal | - | - | - | - |
Rio Tinto Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Iron Ore (61.11%), Aluminium, Alumina And Bauxite (23.19%), Copper (6.35%), Industrial Minerals (4.67%), Other Product (2.86%), Diamonds (0.94%), and Gold (0.88%).
Rio Tinto Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Other Countries | $1.94B | $1.86B | $1.01B | $1.42B | $1.49B |
| Greater China | $30.17B | - | - | - | - |
| UNITED STATES | $8.82B | $8.01B | $4.87B | $6.13B | $6.28B |
| CANADA | $1.74B | $1.68B | $1.29B | $1.48B | $1.34B |
| AUSTRALIA | $1.05B | $1.12B | $745.00M | $737.00M | $720.00M |
| Europe Excluding Uk | $3.62B | $3.27B | $2.62B | $2.61B | $3.71B |
| JAPAN | $4.09B | $5.01B | $3.35B | $3.85B | $3.87B |
| CHINA | - | $36.31B | $25.94B | $22.14B | $18.06B |
| Asia Excluding China And Japan | - | $5.99B | $4.54B | $4.56B | $4.67B |
Rio Tinto Group's latest annual revenue breakdown by geography, as of Dec 22: Greater China (58.66%), UNITED STATES (17.15%), JAPAN (7.95%), Europe Excluding Uk (7.03%), Other Countries (3.77%), CANADA (3.39%), and AUSTRALIA (2.04%).
Quarterly Revenue by Country
| Country | Jun 23 | Jun 22 | Jun 21 | Jun 19 |
|---|---|---|---|---|
| Asia Excluding China And Japan | $1.96B | $2.70B | $3.16B | $2.33B |
| Europe Excluding Uk | $1.54B | $2.00B | $1.67B | $1.47B |
| AUSTRALIA | $451.00M | $596.00M | $519.00M | $325.00M |
| Other Countries | $713.00M | $1.01B | $787.00M | $716.00M |
| JAPAN | $1.79B | $2.04B | $2.37B | $1.79B |
| Greater China | $15.48B | - | - | - |
| UNITED STATES | $3.88B | $4.85B | $3.82B | $2.83B |
| CANADA | $785.00M | $933.00M | $793.00M | $821.00M |
| CHINA | - | $15.52B | $19.80B | $10.32B |
| U K | - | - | - | $115.00M |
Rio Tinto Group's latest quarterly revenue breakdown by geography, as of Jun 23: Greater China (58.20%), UNITED STATES (14.60%), Asia Excluding China And Japan (7.36%), JAPAN (6.73%), Europe Excluding Uk (5.78%), CANADA (2.95%), Other Countries (2.68%), and AUSTRALIA (1.70%).
Rio Tinto Group Peer Comparison by Revenue
RIO Revenue FAQ
What is Rio Tinto Group’s yearly revenue?
Rio Tinto Group's yearly revenue for 2023 was $54.04B, representing a decrease of -2.72% compared to 2022. The company's yearly revenue for 2022 was $55.55B, representing a decrease of -12.51% compared to 2021. RIO's yearly revenue for 2021 was $63.5B, representing an increase of 42.33% compared to 2020.
What is Rio Tinto Group’s quarterly revenue?
Rio Tinto Group's quarterly revenue for Q4 2023 was $27.16B, a 1.84% increase from the previous quarter (Q2 2023), and a -11.53% decrease year-over-year (Q4 2021). The company's quarterly revenue for Q2 2023 was $26.67B, a -1.38% decrease from the previous quarter (Q4 2022), and a -19.39% decrease year-over-year (Q2 2021). RIO's quarterly revenue for Q4 2022 was $27.04B, a -9.18% decrease from the previous quarter (Q2 2022), and a 9.05% increase year-over-year (Q4 2020).
What is Rio Tinto Group’s revenue growth rate?
Rio Tinto Group's revenue growth rate for the last 3 years (2021-2023) was -14.89%, and for the last 5 years (2019-2023) was 25.20%.
What are Rio Tinto Group’s revenue streams?
Rio Tinto Group's revenue streams in c 22 are Copper, Aluminium, Alumina And Bauxite, Diamonds, Other Product, Industrial Minerals, Gold, and Iron Ore. Copper generated $3.28B in revenue, accounting 5.84% of the company's total revenue, up 1.46% year-over-year. Aluminium, Alumina And Bauxite generated $13.96B in revenue, accounting 24.88% of the company's total revenue, up 13.12% year-over-year. Diamonds generated $816M in revenue, accounting 1.45% of the company's total revenue, up 62.87% year-over-year. Other Product generated $1.71B in revenue, accounting 3.05% of the company's total revenue, down -6.91% year-over-year. Industrial Minerals generated $2.68B in revenue, accounting 4.79% of the company's total revenue, up 27.01% year-over-year. Gold generated $573M in revenue, accounting 1.02% of the company's total revenue, down -46.70% year-over-year. Iron Ore generated $33.07B in revenue, accounting 58.96% of the company's total revenue, down -23.08% year-over-year.
What is Rio Tinto Group’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Rio Tinto Group was Iron Ore. This segment made a revenue of $33.07B, representing 58.96% of the company's total revenue.