RIO.L vs. RIO

Last updated Apr 1, 2026

Compare and contrast key facts about Rio Tinto PLC (RIO.L) and Rio Tinto Group (RIO).

Performance

RIO.L vs. RIO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Rio Tinto PLC (RIO.L) and Rio Tinto Group (RIO). The values are adjusted to include any dividend payments, if applicable.

RIO.L vs. RIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RIO.L Rio Tinto PLC	19.03%	34.77%	-13.38%	6.96%	32.03%	0.26%	30.37%	35.60%	0.31%	31.42%
RIO Rio Tinto Group	22.10%	34.17%	-13.88%	5.51%	32.56%	-2.76%	32.22%	28.11%	2.83%	32.35%

Different Trading Currencies

RIO.L is traded in GBp, while RIO is traded in USD. To make them comparable, the RIO values have been converted to GBp using the latest available exchange rates.

Fundamentals

Market Cap RIO.L : £113.77B RIO : $152.85B
EPS RIO.L : £13.15 RIO : $13.11
PE Ratio RIO.L : 5.28 RIO : 7.11
PS Ratio RIO.L : 1.02 RIO : 1.37
PB Ratio RIO.L : 1.83 RIO : 2.46
Total Revenue (TTM) RIO.L : £111.44B RIO : $111.41B
Gross Profit (TTM) RIO.L : £45.93B RIO : $31.10B
EBITDA (TTM) RIO.L : £44.33B RIO : $40.42B

Returns By Period

In the year-to-date period, RIO.L achieves a 19.03% return, which is significantly higher than RIO's 16.36% return. Over the past 10 years, RIO.L has outperformed RIO with an annualized return of 22.41%, while RIO has yielded a comparatively lower 21.00% annualized return.

RIO.L

• 1D: 2.54%
• 1M: -2.73%
• YTD: 19.03%
• 6M: 45.97%
• 1Y: 59.26%
• 3Y*: 15.08%
• 5Y*: 13.41%
• 10Y*: 22.41%

RIO

• 1D: 0.00%
• 1M: -6.19%
• YTD: 16.36%
• 6M: 40.81%
• 1Y: 52.22%
• 3Y*: 13.29%
• 5Y*: 11.52%
• 10Y*: 21.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

RIO.L vs. RIO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RIO.L

RIO.L Risk / Return Rank: 91
RIO.L Sharpe Ratio Rank: 93
RIO.L Sortino Ratio Rank: 92
RIO.L Omega Ratio Rank: 90
RIO.L Calmar Ratio Rank: 91
RIO.L Martin Ratio Rank: 91

RIO

RIO Risk / Return Rank: 91
RIO Sharpe Ratio Rank: 93
RIO Sortino Ratio Rank: 90
RIO Omega Ratio Rank: 89
RIO Calmar Ratio Rank: 91
RIO Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RIO.L vs. RIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rio Tinto PLC (RIO.L) and Rio Tinto Group (RIO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	RIO.L	RIO	Difference
Sharpe ratio Return per unit of total volatility	2.42	2.04	+0.38
Sortino ratio Return per unit of downside risk	3.13	2.68	+0.45
Omega ratio Gain probability vs. loss probability	1.40	1.34	+0.05
Calmar ratio Return relative to maximum drawdown	4.07	3.61	+0.46
Martin ratio Return relative to average drawdown	12.11	10.65	+1.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RIO.L vs. RIO - Sharpe Ratio Comparison

The current RIO.L Sharpe Ratio is 2.42, which is comparable to the RIO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of RIO.L and RIO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RIO.L	RIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	2.04	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.44	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.72	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.27	+0.09

Correlation

The correlation between RIO.L and RIO is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RIO.L vs. RIO - Dividend Comparison

RIO.L's dividend yield for the trailing twelve months is around 4.33%, which matches RIO's 4.31% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RIO.L Rio Tinto PLC	4.33%	4.75%	7.16%	5.53%	9.91%	14.14%	5.43%	10.94%	6.07%	4.66%	3.42%	7.42%
RIO Rio Tinto Group	4.31%	4.66%	7.40%	5.40%	10.48%	10.23%	5.13%	7.68%	6.32%	4.47%	3.93%	7.58%

Drawdowns

RIO.L vs. RIO - Drawdown Comparison

The maximum RIO.L drawdown since its inception was -85.07%, roughly equal to the maximum RIO drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for RIO.L and RIO.

Drawdown Indicators

	RIO.L	RIO	Difference
Max Drawdown Largest peak-to-trough decline	-85.07%	-88.97%	+3.90%
Max Drawdown (1Y) Largest decline over 1 year	-13.99%	-15.19%	+1.20%
Max Drawdown (5Y) Largest decline over 5 years	-29.62%	-36.97%	+7.35%
Max Drawdown (10Y) Largest decline over 10 years	-34.85%	-37.47%	+2.62%
Current Drawdown Current decline from peak	-4.38%	-4.84%	+0.46%
Average Drawdown Average peak-to-trough decline	-18.80%	-23.88%	+5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	4.57%	+0.13%

Volatility

RIO.L vs. RIO - Volatility Comparison

Rio Tinto PLC (RIO.L) has a higher volatility of 10.53% compared to Rio Tinto Group (RIO) at 9.12%. This indicates that RIO.L's price experiences larger fluctuations and is considered to be riskier than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIO.L	RIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.53%	9.12%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	18.67%	18.67%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	24.55%	25.80%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.34%	26.17%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.78%	29.07%	-0.29%

Financials

RIO.L vs. RIO - Profitability Comparison

The chart below illustrates the profitability comparison between Rio Tinto PLC and Rio Tinto Group over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RIO.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Rio Tinto PLC reported a gross profit of 8.22B and revenue of 30.91B. Therefore, the gross margin over that period was 26.6%.

RIO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.

RIO.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Rio Tinto PLC reported an operating income of 8.22B and revenue of 30.91B, resulting in an operating margin of 26.6%.

RIO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.

RIO.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Rio Tinto PLC reported a net income of 5.46B and revenue of 30.91B, resulting in a net margin of 17.7%.

RIO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.