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.
 
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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.
  
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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Rio Tinto PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.

Operating Income

Operating Income is the amount of profit realized from Rio Tinto PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rio Tinto PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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.
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.
 2021 2022 2023 2024 (projected)
Interest Expense592M1.9B2.0B2.1B
Depreciation And Amortization4.7B5.0B5.3B5.6B

Rio Tinto income statement Correlations

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0.710.160.10.280.10.250.380.33-0.020.09-0.120.240.02-0.20.810.27-0.310.19-0.240.19-0.710.690.720.65
0.630.160.90.920.590.560.330.610.790.54-0.020.420.68-0.050.510.760.390.37-0.160.330.03-0.080.210.04
0.610.10.90.80.60.60.270.650.680.560.030.510.6-0.060.460.420.430.54-0.250.520.09-0.040.270.05
0.70.280.920.80.290.260.510.340.810.23-0.260.130.370.190.620.730.330.1-0.030.03-0.13-0.050.20.12
0.310.10.590.60.290.94-0.230.920.230.980.450.930.95-0.430.240.360.130.87-0.470.820.280.090.210.01
0.410.250.560.60.260.94-0.050.990.180.940.380.960.9-0.540.330.350.140.87-0.470.860.090.220.390.16
0.380.380.330.270.51-0.23-0.050.00.13-0.25-0.45-0.19-0.14-0.050.580.370.38-0.280.18-0.28-0.520.370.50.63
0.530.330.610.650.340.920.990.00.250.910.320.940.88-0.480.430.390.110.86-0.460.850.050.260.420.2
0.54-0.020.790.680.810.230.180.130.250.17-0.280.050.340.380.260.610.310.020.09-0.010.1-0.44-0.22-0.43
0.250.090.540.560.230.980.94-0.250.910.170.560.950.93-0.490.180.330.140.91-0.530.830.260.090.220.04
-0.26-0.12-0.020.03-0.260.450.38-0.450.32-0.280.560.540.43-0.54-0.3-0.05-0.110.6-0.680.530.250.190.070.06
0.340.240.420.510.130.930.96-0.190.940.050.950.540.83-0.50.260.210.050.95-0.570.890.160.290.320.18
0.250.020.680.60.370.950.9-0.140.880.340.930.430.83-0.480.170.570.230.73-0.390.720.250.00.17-0.04
0.15-0.2-0.05-0.060.19-0.43-0.54-0.05-0.480.38-0.49-0.54-0.5-0.48-0.06-0.15-0.18-0.460.26-0.570.36-0.37-0.67-0.41
0.820.810.510.460.620.240.330.580.430.260.18-0.30.260.17-0.060.4-0.090.2-0.040.23-0.460.50.630.59
0.460.270.760.420.730.360.350.370.390.610.33-0.050.210.57-0.150.40.210.030.010.01-0.160.020.170.1
-0.18-0.310.390.430.330.130.140.380.110.310.14-0.110.050.23-0.18-0.090.210.050.18-0.01-0.15-0.260.1-0.09
0.30.190.370.540.10.870.87-0.280.860.020.910.60.950.73-0.460.20.030.05-0.60.930.180.250.320.15
-0.15-0.24-0.16-0.25-0.03-0.47-0.470.18-0.460.09-0.53-0.68-0.57-0.390.26-0.040.010.18-0.6-0.46-0.07-0.3-0.22-0.2
0.30.190.330.520.030.820.86-0.280.85-0.010.830.530.890.72-0.570.230.01-0.010.93-0.460.150.310.40.16
-0.24-0.710.030.09-0.130.280.09-0.520.050.10.260.250.160.250.36-0.46-0.16-0.150.18-0.070.15-0.41-0.73-0.51
0.370.69-0.08-0.04-0.050.090.220.370.26-0.440.090.190.290.0-0.370.50.02-0.260.25-0.30.31-0.410.660.86
0.410.720.210.270.20.210.390.50.42-0.220.220.070.320.17-0.670.630.170.10.32-0.220.4-0.730.660.79
0.340.650.040.050.120.010.160.630.2-0.430.040.060.18-0.04-0.410.590.1-0.090.15-0.20.16-0.510.860.79
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Rio Tinto Account Relationship Matchups

Rio Tinto income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization4.4B4.3B4.7B5.0B5.3B5.6B
Interest Expense938M645M592M1.9B2.0B2.1B
Total Revenue43.2B44.6B63.5B55.6B54.0B28.6B
Gross Profit26.8B29.1B44.9B34.3B32.4B19.4B
Other Operating Expenses27.9B26.9B33.4B35.7B39.2B20.4B
Operating Income15.9B16.8B29.8B19.9B14.8B7.5B
Ebit12.1B17.4B31.4B20.5B15.7B16.5B
Ebitda16.4B21.7B36.1B25.5B21.1B22.1B
Total Operating Expenses27.9B26.9B33.4B35.7B17.6B18.7B
Income Before Tax11.1B15.4B30.8B18.7B13.8B7.1B
Total Other Income Expense Net(347M)(1.4B)1.0B(1.3B)(1.0B)(986.1M)
Net Income8.0B9.8B21.1B12.4B10.1B10.6B
Income Tax Expense4.1B5.0B8.3B5.6B3.8B2.3B
Net Income Applicable To Common Shares8.0B9.8B21.1B12.4B14.3B7.2B
Minority Interest4.7B4.8B(1.5B)(656M)105M99.8M
Selling General Administrative3.3B2.7B3.5B4.3B5.3B4.0B
Cost Of Revenue16.4B15.5B18.6B21.3B21.6B15.6B
Selling And Marketing Expenses2.3B2.1B3.3B3.1B2.8B2.1B
Net Income From Continuing Ops7.0B10.4B22.6B13.1B10.0B9.6B
Tax Provision4.1B5.0B8.3B5.6B3.8B5.0B
Net Interest Income(634M)(504M)(597M)(1.7B)(1.4B)(1.5B)
Reconciled Depreciation4.4B4.3B4.7B5.0B5.3B5.0B

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Other Information on Investing in Rio Stock

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).