Rio Tinto Plc (RIO) Earnings Report, Financial Results, Financial analysis

Rio Tinto Plc reported in the forth quarter of 2023 net earnings per share of $6.17 a decrease by -19.11 % year on year from $7.62 and an improvement compare to net loss per share of $0.00 realized in previous quarter.

*forth quarter of 2023*
Earnings Per Share	Revenues
$ 6.17	$ 54,041 Mill
$-1.45 -19.11 %	$-1,513M -2.72 %

Rio Tinto Plc's Revenue fell by -2.72 % in forth quarter of 2023 (Dec 31 2023) year on year, to $54,041 million and advanced by sequentially.

Rio Tinto Plc is

More on RIO's Income Statement

RIO's NET INCOME

Rio Tinto Plc 's net income of $9,953.000 million in the forth quarter of 2023 decreased by -23.88 % from net earnings of $13,076.000 million achieved in IV. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $0.000 million recorded in previous quarter.

More on RIO's Growth

Rio Tinto Plc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $0 million

Earnings quality

Rio Tinto Plc does not pay out common stock dividend.

In trailing twelve-month period Rio Tinto Plc earned $ 22.08 cash per share, on a free-cash flow basis 357.84 % of net earning per share.

Book value fell by 0.00 % sequentially to $34.53 per share.
Tangible Book value fell to $ 34.05 per share from $ 34.05.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2023.

• More on RIO's Dividends

Market Capitalization (Millions)	101,135
Shares Outstanding (Millions)	1,631
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	54,041
Net Income (TTM) (Millions $)	9,953
Cash Flow (TTM) (Millions $)	0
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	47,000

Earnings quality

Rio Tinto Plc does not pay out common stock dividend.

In trailing twelve-month period Rio Tinto Plc had $ 22.08 cash flow per share, on a free-cash flow basis 357.84 % of net earning per share.

Book value fell by 0.00 % sequentially to $34.53 per share.
Tangible Book value fell to $ 34.05 per share from $ 34.05.

Company repurchased 0.00 million shares or 0.00 % in Dec 31 2023.

• More on RIO's Balance Sheets

Market Capitalization (Millions)	101,135
Shares Outstanding (Millions)	1,631
Total Debt (Millions $)	-
Revenue (TTM) (Millions $)	54,041
Net Income (TTM) (Millions $)	9,953
Cash Flow (TTM) (Millions $)	0
Capital Exp. (TTM) (Millions $)	0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	47,000

Rio Tinto Plc

RIO's Financial Statements and Analysis

News about Rio Tinto Plc Earnings

Rio Tinto Plc's Fourth Quarter 2023 Financial Report Reveals Alarming Deterioration in Earnings per Share by -19.11%