What is Rio Tinto Plc's ROA in the fourth quarter of 2023?
Rio Tinto Plc achieved a return on average assets (ROA) of
17.67 % in its fourth quarter of 2023, this is above RIO's average return on assets of 13.94%.
Rio Tinto Plcs assets during the 12 months ending in the fourth quarter of 2023 are valued at $56 billion
ROA fell compared to the third quarter of 2023, despite the net income growth of % from the third quarter of 2023.
However, within the
Basic Materials sector 58 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from
to
677.
What is ROA?
