How Does Rio Tinto Group (RIO) Make Money?
Price: $61.99
Market Cap: $100.75B
Avg Volume: 3.15M
Market Cap: $100.75B
Avg Volume: 3.15M
Country: UK
Industry: Industrial Materials
Sector: Basic Materials
Industry: Industrial Materials
Sector: Basic Materials
Revenue Breakdown Overview
Rio Tinto Group generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:
Product & Service Revenue Segments
Rio Tinto Group's revenue comes from the following main product/service categories (Total Revenue: $56.08B):
- Industrial Minerals: $2.69B (4.8% of total)
- Diamonds: $816.00M (1.5% of total)
- Other Product: $1.71B (3.0% of total)
- Copper: $3.28B (5.8% of total)
- Gold: $573.00M (1.0% of total)
- Aluminium: $- (0.0% of total)
- Iron Ore: $33.07B (59.0% of total)
- Aluminium, Alumina And Bauxite: $13.96B (24.9% of total)
- Uranium: $- (0.0% of total)
Geographic Revenue Distribution
The company's revenue is distributed across these geographic regions (Total Revenue: $51.44B):
- Japan: $4.09B (8.0% of total)
- Other Countries: $1.94B (3.8% of total)
- United States: $8.82B (17.2% of total)
- Greater China: $30.17B (58.7% of total)
- China: $- (0.0% of total)
- Australia: $1.05B (2.0% of total)
- Canada: $1.74B (3.4% of total)
- Europe Excluding Uk: $3.62B (7.0% of total)
- Asia Excluding China And Japan: $- (0.0% of total)
Revenue by Product Segment (2022)
Revenue by Geographic Region (2022)
Revenue Segments Over Time
Historical Revenue by Product Segment
| Year | Total Revenue | Aluminium | Aluminium, Alumina And Bauxite | Copper | Diamonds | Gold | Industrial Minerals | Iron Ore | Other Product | Uranium |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | $55.55B | $- | $13.96B | $3.28B | $816.00M | $573.00M | $2.69B | $33.07B | $1.71B | $- |
| 2021 | $63.49B | $- | $12.44B | $3.33B | $501.00M | $1.08B | $2.12B | $42.99B | $1.84B | $229.00M |
| 2020 | $44.61B | $9.15B | $- | $1.78B | $459.00M | $477.00M | $2.05B | $29.20B | $1.19B | $299.00M |
| 2019 | $43.16B | $10.21B | $- | $2.03B | $619.00M | $669.00M | $2.25B | $25.75B | $1.70B | $- |
| 2018 | $40.52B | $12.04B | $- | $2.42B | $695.00M | $869.00M | $2.09B | $19.89B | $1.60B | $- |
Geographic Revenue Over Time
Historical Revenue by Geographic Region
| Year | Total Revenue | Asia Excluding China And Japan | Australia | Canada | China | Europe Excluding Uk | Greater China | Japan | Other Countries | United States |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | $55.55B | $- | $1.05B | $1.74B | $- | $3.62B | $30.17B | $4.09B | $1.94B | $8.82B |
| 2021 | $63.49B | $5.99B | $1.12B | $1.68B | $36.31B | $3.27B | $- | $5.01B | $1.86B | $8.01B |
| 2020 | $44.61B | $4.54B | $745.00M | $1.29B | $25.94B | $2.62B | $- | $3.35B | $1.01B | $4.87B |
| 2019 | $43.16B | $4.56B | $737.00M | $1.48B | $22.14B | $2.61B | $- | $3.85B | $1.42B | $6.12B |
| 2018 | $40.52B | $4.67B | $720.00M | $1.34B | $18.06B | $3.71B | $- | $3.87B | $1.49B | $6.28B |
Related Metrics
Explore detailed financial metrics and analysis for RIO.