Rio Historical Income Statement

RIO Stock

4,668 25.00 0.53%

Historical analysis of Rio Tinto income statement accounts such as Other Operating Expenses of 20.4 B, Operating Income of 7.5 B, EBIT of 16.5 B or Research Development of 148.1 M can show how well Rio Tinto PLC performed in making a profits. Evaluating Rio Tinto income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rio Tinto's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Rio Tinto PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rio Tinto PLC is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Rio Income Statement Analysis

Rio Tinto PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rio Tinto shareholders. The income statement also shows Rio investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Rio Tinto Income Statement Chart

At present, Rio Tinto's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 16.5 B, whereas Gross Profit is forecasted to decline to about 19.4 B.

Gross Profit Other Operating Expenses Research Development Minority Interest

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Rio Tinto PLC minus its cost of goods sold. It is profit before Rio Tinto operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rio Tinto PLC. It is also known as Rio Tinto overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Rio Tinto PLC whose combined shares represent less than 50% of the total outstanding shares issued by Rio Tinto have a minority interest in Rio Tinto.

Most accounts from Rio Tinto's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rio Tinto PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

	2021	2022	2023	2024 (projected)
Interest Expense	592M	1.9B	2.0B	2.1B
Depreciation And Amortization	4.7B	5.0B	5.3B	5.6B

Interest Expense Depreciation And Amortization

Rio Tinto income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Selling General Administrative	Cost Of Revenue	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.71	0.63	0.61	0.7	0.31	0.41	0.38	0.53	0.54	0.25	-0.26	0.34	0.25	0.15	0.82	0.46	-0.18	0.3	-0.15	0.3	-0.24	0.37	0.41	0.34
Interest Expense	0.71		0.16	0.1	0.28	0.1	0.25	0.38	0.33	-0.02	0.09	-0.12	0.24	0.02	-0.2	0.81	0.27	-0.31	0.19	-0.24	0.19	-0.71	0.69	0.72	0.65
Total Revenue	0.63	0.16		0.9	0.92	0.59	0.56	0.33	0.61	0.79	0.54	-0.02	0.42	0.68	-0.05	0.51	0.76	0.39	0.37	-0.16	0.33	0.03	-0.08	0.21	0.04
Gross Profit	0.61	0.1	0.9		0.8	0.6	0.6	0.27	0.65	0.68	0.56	0.03	0.51	0.6	-0.06	0.46	0.42	0.43	0.54	-0.25	0.52	0.09	-0.04	0.27	0.05
Other Operating Expenses	0.7	0.28	0.92	0.8		0.29	0.26	0.51	0.34	0.81	0.23	-0.26	0.13	0.37	0.19	0.62	0.73	0.33	0.1	-0.03	0.03	-0.13	-0.05	0.2	0.12
Operating Income	0.31	0.1	0.59	0.6	0.29		0.94	-0.23	0.92	0.23	0.98	0.45	0.93	0.95	-0.43	0.24	0.36	0.13	0.87	-0.47	0.82	0.28	0.09	0.21	0.01
Ebit	0.41	0.25	0.56	0.6	0.26	0.94		-0.05	0.99	0.18	0.94	0.38	0.96	0.9	-0.54	0.33	0.35	0.14	0.87	-0.47	0.86	0.09	0.22	0.39	0.16
Research Development	0.38	0.38	0.33	0.27	0.51	-0.23	-0.05		0.0	0.13	-0.25	-0.45	-0.19	-0.14	-0.05	0.58	0.37	0.38	-0.28	0.18	-0.28	-0.52	0.37	0.5	0.63
Ebitda	0.53	0.33	0.61	0.65	0.34	0.92	0.99	0.0		0.25	0.91	0.32	0.94	0.88	-0.48	0.43	0.39	0.11	0.86	-0.46	0.85	0.05	0.26	0.42	0.2
Total Operating Expenses	0.54	-0.02	0.79	0.68	0.81	0.23	0.18	0.13	0.25		0.17	-0.28	0.05	0.34	0.38	0.26	0.61	0.31	0.02	0.09	-0.01	0.1	-0.44	-0.22	-0.43
Income Before Tax	0.25	0.09	0.54	0.56	0.23	0.98	0.94	-0.25	0.91	0.17		0.56	0.95	0.93	-0.49	0.18	0.33	0.14	0.91	-0.53	0.83	0.26	0.09	0.22	0.04
Total Other Income Expense Net	-0.26	-0.12	-0.02	0.03	-0.26	0.45	0.38	-0.45	0.32	-0.28	0.56		0.54	0.43	-0.54	-0.3	-0.05	-0.11	0.6	-0.68	0.53	0.25	0.19	0.07	0.06
Net Income	0.34	0.24	0.42	0.51	0.13	0.93	0.96	-0.19	0.94	0.05	0.95	0.54		0.83	-0.5	0.26	0.21	0.05	0.95	-0.57	0.89	0.16	0.29	0.32	0.18
Income Tax Expense	0.25	0.02	0.68	0.6	0.37	0.95	0.9	-0.14	0.88	0.34	0.93	0.43	0.83		-0.48	0.17	0.57	0.23	0.73	-0.39	0.72	0.25	0.0	0.17	-0.04
Minority Interest	0.15	-0.2	-0.05	-0.06	0.19	-0.43	-0.54	-0.05	-0.48	0.38	-0.49	-0.54	-0.5	-0.48		-0.06	-0.15	-0.18	-0.46	0.26	-0.57	0.36	-0.37	-0.67	-0.41
Selling General Administrative	0.82	0.81	0.51	0.46	0.62	0.24	0.33	0.58	0.43	0.26	0.18	-0.3	0.26	0.17	-0.06		0.4	-0.09	0.2	-0.04	0.23	-0.46	0.5	0.63	0.59
Cost Of Revenue	0.46	0.27	0.76	0.42	0.73	0.36	0.35	0.37	0.39	0.61	0.33	-0.05	0.21	0.57	-0.15	0.4		0.21	0.03	0.01	0.01	-0.16	0.02	0.17	0.1
Selling And Marketing Expenses	-0.18	-0.31	0.39	0.43	0.33	0.13	0.14	0.38	0.11	0.31	0.14	-0.11	0.05	0.23	-0.18	-0.09	0.21		0.05	0.18	-0.01	-0.15	-0.26	0.1	-0.09
Net Income From Continuing Ops	0.3	0.19	0.37	0.54	0.1	0.87	0.87	-0.28	0.86	0.02	0.91	0.6	0.95	0.73	-0.46	0.2	0.03	0.05		-0.6	0.93	0.18	0.25	0.32	0.15
Non Recurring	-0.15	-0.24	-0.16	-0.25	-0.03	-0.47	-0.47	0.18	-0.46	0.09	-0.53	-0.68	-0.57	-0.39	0.26	-0.04	0.01	0.18	-0.6		-0.46	-0.07	-0.3	-0.22	-0.2
Tax Provision	0.3	0.19	0.33	0.52	0.03	0.82	0.86	-0.28	0.85	-0.01	0.83	0.53	0.89	0.72	-0.57	0.23	0.01	-0.01	0.93	-0.46		0.15	0.31	0.4	0.16
Net Interest Income	-0.24	-0.71	0.03	0.09	-0.13	0.28	0.09	-0.52	0.05	0.1	0.26	0.25	0.16	0.25	0.36	-0.46	-0.16	-0.15	0.18	-0.07	0.15		-0.41	-0.73	-0.51
Interest Income	0.37	0.69	-0.08	-0.04	-0.05	0.09	0.22	0.37	0.26	-0.44	0.09	0.19	0.29	0.0	-0.37	0.5	0.02	-0.26	0.25	-0.3	0.31	-0.41		0.66	0.86
Reconciled Depreciation	0.41	0.72	0.21	0.27	0.2	0.21	0.39	0.5	0.42	-0.22	0.22	0.07	0.32	0.17	-0.67	0.63	0.17	0.1	0.32	-0.22	0.4	-0.73	0.66		0.79
Extraordinary Items	0.34	0.65	0.04	0.05	0.12	0.01	0.16	0.63	0.2	-0.43	0.04	0.06	0.18	-0.04	-0.41	0.59	0.1	-0.09	0.15	-0.2	0.16	-0.51	0.86	0.79

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Rio Tinto Account Relationship Matchups

Rio Tinto income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	4.4B	4.3B	4.7B	5.0B	5.3B	5.6B
Interest Expense	938M	645M	592M	1.9B	2.0B	2.1B
Total Revenue	43.2B	44.6B	63.5B	55.6B	54.0B	28.6B
Gross Profit	26.8B	29.1B	44.9B	34.3B	32.4B	19.4B
Other Operating Expenses	27.9B	26.9B	33.4B	35.7B	39.2B	20.4B
Operating Income	15.9B	16.8B	29.8B	19.9B	14.8B	7.5B
Ebit	12.1B	17.4B	31.4B	20.5B	15.7B	16.5B
Ebitda	16.4B	21.7B	36.1B	25.5B	21.1B	22.1B
Total Operating Expenses	27.9B	26.9B	33.4B	35.7B	17.6B	18.7B
Income Before Tax	11.1B	15.4B	30.8B	18.7B	13.8B	7.1B
Total Other Income Expense Net	(347M)	(1.4B)	1.0B	(1.3B)	(1.0B)	(986.1M)
Net Income	8.0B	9.8B	21.1B	12.4B	10.1B	10.6B
Income Tax Expense	4.1B	5.0B	8.3B	5.6B	3.8B	2.3B
Net Income Applicable To Common Shares	8.0B	9.8B	21.1B	12.4B	14.3B	7.2B
Minority Interest	4.7B	4.8B	(1.5B)	(656M)	105M	99.8M
Selling General Administrative	3.3B	2.7B	3.5B	4.3B	5.3B	4.0B
Cost Of Revenue	16.4B	15.5B	18.6B	21.3B	21.6B	15.6B
Selling And Marketing Expenses	2.3B	2.1B	3.3B	3.1B	2.8B	2.1B
Net Income From Continuing Ops	7.0B	10.4B	22.6B	13.1B	10.0B	9.6B
Tax Provision	4.1B	5.0B	8.3B	5.6B	3.8B	5.0B
Net Interest Income	(634M)	(504M)	(597M)	(1.7B)	(1.4B)	(1.5B)
Reconciled Depreciation	4.4B	4.3B	4.7B	5.0B	5.3B	5.0B

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Rio Historical Income Statement

About Rio Income Statement Analysis

Rio Tinto Income Statement Chart

Gross Profit

Other Operating Expenses

Minority Interest

Rio Tinto income statement Correlations

Rio Tinto Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rio Tinto income statement Accounts

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Other Information on Investing in Rio Stock

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Ebitda	+ 0.99	Ebit
Income Before Tax	+ 0.98	Operating Income
Net Income	+ 0.96	Ebit
Income Tax Expense	+ 0.95	Operating Income
Net Income	+ 0.95	Income Before Tax
Net Income From Continuing Ops	+ 0.95	Net Income

Reconciled Depreciation	- 0.73	Net Interest Income
Net Interest Income	- 0.71	Interest Expense
Non Recurring	- 0.68	Total Other Income Expense Net
Reconciled Depreciation	- 0.67	Minority Interest
Non Recurring	- 0.6	Net Income From Continuing Ops
Tax Provision	- 0.57	Minority Interest