What is Rio Tinto Plc's ROI in the fourth quarter of 2023?
Rio Tinto Plc achieved a return on average invested assets (ROI) of
18.51 % in its fourth quarter of 2023, which is below Rio Tinto Plc's average return on investment, which stands at 27.32%.
ROI fell compared to the third quarter of 2023, despite the net income growth of % from the third quarter of 2023.
Within the
Basic Materials sector 31 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the third quarter of 2023 from
0 to
414.
Definition and Formula of Return on Investment
| Return On Investment |
(Dec 31 2023)
IV. Quarter |
0
III. Quarter |
0
II. Quarter |
0
I. Quarter |
(Dec 31 2022)
IV. Quarter |
| Y / Y Investment Change TTM |
10.45 % |
5.44 % |
0.66 % |
-3.92 % |
-8.31 % |
| Y / Y Net Income Change TTM |
-23.88 % |
-42.08 % |
-42.08 % |
-42.08 % |
-42.08 % |
| Investment (TTM) in Millions |
53,757 |
53,757 |
53,757 |
53,757 |
48,673 |
| Return On Investment (TTM) |
18.51 % |
24.91 % |
25.53 % |
26.18 % |
26.86 % |
| RIO's Overall
Ranking |
# 414 |
# 0 |
# 0 |
# 0 |
# 266 |
| Seq. Investment Change TTM |
2.42 % |
2.48 % |
2.54 % |
2.61 % |
-2.22 % |
| Seq. Net Income Change TTM |
-23.88 % |
0 % |
0 % |
0 % |
-42.08 % |
| Net Income (TTM) in Millions |
9,953 |
13,076 |
13,076 |
13,076 |
13,076 |
