Rio Tinto
RIO
$106.39
Share price
-2.10%
Change (1 day)
-0.27%
Change (1 year)
Categories
Operating Margin for Rio Tinto (RIO)
Operating Margin at the end of 2024: 32.14%
According to Rio Tinto's latest financial reports and stock price the company's current Operating Margin is 32.13%. At the end of 2024 the company had an Operating Margin of 32.14%.
Operating Margin history for Rio Tinto from 2001 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 32.14% | 10.32% |
| 2023 | 29.13% | -21.16% |
| 2022 | 36.95% | -25.35% |
| 2021 | 49.50% | 37.68% |
| 2020 | 35.95% | 28.76% |
| 2019 | 27.92% | -40.53% |
| 2018 | 46.95% | 36.22% |
| 2017 | 34.47% | 55.91% |
| 2016 | 22.11% | 1958.74% |
| 2015 | 1.07% | -95.16% |
| 2014 | 22.20% | 159.34% |
| 2013 | 8.56% | -356.7% |
| 2012 | -3.34% | -114.28% |
| 2011 | 23.36% | -38.12% |
| 2010 | 37.75% | 79.62% |
| 2009 | 21.01% | 5.62% |
| 2008 | 19.90% | -31.52% |
| 2007 | 29.05% | -23.91% |
| 2006 | 38.18% | -10.74% |
| 2005 | 42.78% | 34.37% |
| 2004 | 31.84% | 109.25% |
| 2003 | 15.21% | -30.75% |
| 2002 | 21.97% | -19.32% |
| 2001 | 27.23% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 | 32.75% | 1.93% | 🇦🇺 Australia |
 | 26.68% | -16.96% | 🇧🇷 Brazil |
 | 27.13% | -15.56% | 🇺🇸 USA |
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.