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Rio Tinto Group (RIO) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$54.04B-2.72%
2022-12-31$55.55B-12.51%
2021-12-31$63.49B42.33%
2020-12-31$44.61B3.35%
2019-12-31$43.16B6.52%
2018-12-31$40.52B1.23%
2017-12-31$40.03B18.50%
2016-12-31$33.78B-3.01%
2015-12-31$34.83B-26.93%
2014-12-31$47.66B-6.85%
2013-12-31$51.17B0.40%
2012-12-31$50.97B-15.81%
2011-12-31$60.54B7.00%
2010-12-31$56.58B30.33%
2009-12-31$43.41B-20.00%
2008-12-31$54.26B82.71%
2007-12-31$29.70B32.21%
2006-12-31$22.46B18.03%
2005-12-31$19.03B46.93%
2004-12-31$12.95B40.38%
2003-12-31$9.23B9.24%
2002-12-31$8.45B3.62%
2001-12-31$8.15B-29.71%
2000-12-31$11.60B0.12%
1999-12-31$11.58B-2.23%
1998-12-31$11.85B-3.60%
1997-12-31$12.29B58.42%
1996-12-31$7.76B-2.61%
1995-12-31$7.97B122.68%
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

DateRevenueChange
2023-12-31$27.16B1.84%
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$33.08B33.42%
2020-12-31$24.80B28.07%
2020-06-30$19.36B-14.87%
2019-12-31$22.74B9.76%
2019-06-30$20.72B0.55%
2018-12-31$20.61B3.48%
2018-06-30$19.91B-3.85%
2017-12-31$20.71B7.21%
2017-05-31$19.32B5.68%
2016-12-31$18.28B17.94%
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$26.66B8.77%
2013-06-30$24.51B100.00%
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/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
Other Product$1.71B$1.84B$1.19B$1.70B$1.60B
Copper$3.28B$3.23B$1.72B$2.03B$2.42B
Aluminium, Alumina And Bauxite$13.96B$12.34B---
Gold$573.00M$1.07B$471.00M$667.00M$869.00M
Industrial Minerals$2.69B$2.11B$2.05B$2.25B$2.09B
Iron Ore$33.07B$42.99B$28.20B$25.52B$19.89B
Diamonds$816.00M$501.00M$459.00M$619.00M$695.00M
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/ServiceJun 23Jun 22Jun 21Jun 19
Other Product$765.00M$829.00M$827.00M$732.00M
Iron Ore$16.32B$17.55B$21.96B$11.57B
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
Industrial Minerals$1.25B$1.23B$1.14B$1.12B
Aluminium--$5.73B$5.06B
Uranium--$76.00M-
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

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Other Countries$1.94B$1.86B$1.01B$1.42B$1.49B
UNITED STATES$8.82B$8.01B$4.87B$6.13B$6.28B
Greater China$30.17B----
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

CountryJun 23Jun 22Jun 21Jun 19
AUSTRALIA$451.00M$596.00M$519.00M$325.00M
Asia Excluding China And Japan$1.96B$2.70B$3.16B$2.33B
CANADA$785.00M$933.00M$793.00M$821.00M
Europe Excluding Uk$1.54B$2.00B$1.67B$1.47B
UNITED STATES$3.88B$4.85B$3.82B$2.83B
Greater China$15.48B---
JAPAN$1.79B$2.04B$2.37B$1.79B
Other Countries$713.00M$1.01B$787.00M$716.00M
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

TickerCompanyLast Year RevenueLast Quarter Revenue
RIORio Tinto Group$54.04B$27.16B
BHPBHP Group$53.82B$27.23B
VALEVale$41.66B$8.46B
TECKTeck Resources$15.01B$3.99B
MPMP Materials$253.44M$62.93M
SGMLSigma Lithium$181.23M$50.41M
LACLithium Americas-$53.29K
PLLPiedmont Lithium-$47.13M

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 Other Product, Copper, Aluminium, Alumina And Bauxite, Gold, Industrial Minerals, Iron Ore, and Diamonds. Other Product generated $1.71B in revenue, accounting 3.05% of the company's total revenue, down -6.91% year-over-year. 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. Gold generated $573M in revenue, accounting 1.02% of the company's total revenue, down -46.70% 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. Iron Ore generated $33.07B in revenue, accounting 58.96% of the company's total revenue, down -23.08% year-over-year. Diamonds generated $816M in revenue, accounting 1.45% of the company's total revenue, up 62.87% 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.