Rio Tinto
RIO
#168
Rank
$98.04 B
Marketcap
$58.64
Share price
-0.15%
Change (1 day)
-19.07%
Change (1 year)

Operating Margin for Rio Tinto (RIO)

Operating Margin at the end of 2023: 29.13%

According to Rio Tinto's latest financial reports and stock price the company's current Operating Margin is 29.12%. At the end of 2023 the company had an Operating Margin of 29.13%.

Operating Margin history for Rio Tinto from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202329.13%-21.16%
202236.95%-25.35%
202149.50%37.68%
202035.95%28.76%
201927.92%-40.53%
201846.95%36.22%
201734.47%55.91%
201622.11%1958.74%
20151.07%-95.16%
201422.20%159.34%
20138.56%-356.7%
2012-3.34%-114.28%
201123.36%-38.12%
201037.75%79.62%
200921.01%5.62%
200819.90%-31.52%
200729.05%-23.91%
200638.18%-10.74%
200542.78%34.37%
200431.84%29.83%
200324.52%11.61%
200221.97%-19.32%
200127.23%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
43.75% 50.24%๐Ÿ‡ฆ๐Ÿ‡บ Australia
45.12% 54.95%๐Ÿ‡ง๐Ÿ‡ท Brazil
28.84%-0.96%๐Ÿ‡บ๐Ÿ‡ธ 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.