The earnings call presented a strong performance in terms of production growth, financial stability, and strategic diversification, particularly in the copper and aluminum segments. However, this was somewhat offset by challenges related to declining iron ore prices, production disruptions due to weather, and ongoing cost pressures.

Company Guidance -

Q2 2025

During the call, Jakob Stausholm detailed Rio Tinto's guidance for 2024, highlighting significant growth and operational improvements. The company achieved a 1% increase in copper equivalent production for 2024 and anticipates an additional 4% growth this year, primarily driven by the ramp-up of Oyu Tolgoi. Excluding the acquisition of Arcadium Lithium, this growth is expected to continue organically, contributing to a projected decade-long compound annual production growth rate of 3%. Financially, despite an 11% drop in iron ore prices, the company managed to limit the decrease in underlying EBITDA to just 2%, totaling $23.3 billion, thanks to a strong performance in the aluminum and copper divisions. Operating cash flow increased by 3%, with a 67% EBITDA cash conversion rate. The company maintained a robust balance sheet with $5.5 billion in net debt and declared a 60% payout for the ordinary dividend, equating to $6.5 billion, marking the ninth consecutive year of such returns. This resilience is further backed by a diversified portfolio and disciplined cost management, as evidenced by a 4% reduction in copper unit costs and a 3% reduction in group-wide functional costs year-on-year. Additionally, Rio Tinto is on track with its decarbonization efforts, having cut emissions by 14% between 2018 and 2024, setting the stage for achieving a 50% reduction by 2030.

Consistent Production Growth

Copper equivalent production increased by 1% in 2024, with a mid-range guidance indicating another 4% growth led by the ramp-up of Oyu Tolgoi. A decade of 3% compound annual production growth is projected.

Strong Financial Performance

Operating cash flow increased by 3% with a 67% EBITDA cash conversion rate. The company maintained a 60% payout for the ordinary dividend, equating to $6.5 billion, marking the ninth consecutive year at the top end of the range.

Strategic Diversification

The company is diversifying towards copper, aluminum, and lithium, with the acquisition of Arcadium Lithium enhancing future growth prospects.

Decarbonization Progress

Emissions were reduced by 14% between 2018 and 2024, with significant progress towards the 2030 target of a 50% emissions cut.

Rio Tinto Limited (AU:RIO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AU:RIO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 30, 2025	2025 (Q2)	4.88 / -	3.543	―	―	―
Feb 19, 2025	2024 (Q4)	4.90 / 4.80	6.329	-24.09% (-1.52)
Jul 30, 2024	2024 (Q2)	5.45 / 5.39	5.982	-9.96% (-0.60)
Feb 21, 2024	2023 (Q4)	5.80 / 6.33	4.558	38.86% (+1.77)
Jul 26, 2023	2023 (Q2)	5.98 / 5.98	8.098	-26.13% (-2.12)
Apr 19, 2023	2023 (Q1)	- / -	5.691	―	―	―
Feb 22, 2023	2022 (Q4)	4.56 / 4.56	8.652	-47.32% (-4.09)
Jul 27, 2022	2022 (Q2)	7.62 / 8.10	11.432	-29.16% (-3.33)	―	―
Feb 23, 2022	2021 (Q4)	8.74 / 8.65	7.236	19.56% (+1.42)	―	―
Jul 28, 2021	2021 (Q2)	11.47 / 11.43	6.236	83.33% (+5.20)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AU:RIO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 19, 2025	AU$117.02	AU$118.27	+1.07%
Jul 30, 2024	AU$108.61	AU$111.28	+2.46%
Feb 21, 2024	AU$117.44	AU$115.38	-1.75%
Jul 26, 2023	AU$106.78	AU$108.24	+1.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Rio Tinto Limited (AU:RIO) report earnings?

Rio Tinto Limited (AU:RIO) is schdueled to report earning on Jul 30, 2025, Before Open (Confirmed).

What is Rio Tinto Limited (AU:RIO) earnings time?

Rio Tinto Limited (AU:RIO) earnings time is at Jul 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Rio Tinto Limited stock?

The P/E ratio of Rio Tinto Limited is N/A.

What is AU:RIO EPS forecast?

AU:RIO EPS forecast for the fiscal quarter 2025 (Q2) is 4.88.

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