Rio Tinto Group (LON: RIO)

Rio Tinto Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	54,041	55,554	63,495	44,611	43,165
Revenue Growth (YoY)	-2.72%	-12.51%	42.33%	3.35%	6.52%
Cost of Revenue	21,640	21,284	18,561	15,485	16,412
Gross Profit	32,401	34,270	44,934	29,126	26,753
Selling, General & Admin	8,076	7,400	6,757	4,827	5,542
Research & Development	245	76	65	45	45
Other Operating Expenses	0	28,190	26,587	22,006	22,334
Operating Expenses	16,689	35,666	33,409	26,878	27,921
Operating Income	14,823	19,933	29,817	16,829	15,903
Interest Income	532	179	64	141	300
Interest Expense	1,957	1,854	592	645	938
Other Expense / Income	-492	280	-84	1,565	3,108
Pretax Income	13,785	18,662	30,833	15,391	11,119
Income Tax	3,832	5,586	8,258	4,991	4,147
Net Income	10,058	12,392	21,115	9,769	8,010
Net Income Growth	-18.83%	-41.31%	116.14%	21.96%	-41.27%
Shares Outstanding (Basic)	1,668	1,668	1,668	1,668	1,668
Shares Outstanding (Diluted)	1,668	1,668	1,668	1,668	1,668
Shares Change	-	-	-	-	-3.67%
EPS (Basic)	6.20	7.67	13.03	6.04	4.91
EPS (Diluted)	6.17	7.62	12.95	6.00	4.88
EPS Growth	-19.03%	-41.16%	115.83%	22.95%	-38.07%
Free Cash Flow	8,074	9,384	17,961	9,686	9,424
Free Cash Flow Per Share	4.84	5.63	10.77	5.81	5.65
Gross Margin	59.96%	61.69%	70.77%	65.29%	61.98%
Operating Margin	27.43%	35.88%	46.96%	37.72%	36.84%
Profit Margin	18.61%	22.31%	33.25%	21.90%	18.56%
Free Cash Flow Margin	14.94%	16.89%	28.29%	21.71%	21.83%
Effective Tax Rate	27.80%	29.93%	26.78%	32.43%	37.30%
EBITDA	22,053	26,107	36,691	21,681	20,287
EBITDA Margin	40.81%	46.99%	57.79%	48.60%	47.00%
Depreciation & Amortization	5,334	5,010	4,697	4,279	4,384
EBIT	16,719	21,097	31,994	17,402	15,903
EBIT Margin	30.94%	37.98%	50.39%	39.01%	36.84%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.