FCX vs RIO
Freeport-mcmoran Inc. and RIO Tinto PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | FCX | RIO |
|---|---|---|
| Revenue | $25.9B | $57.6B |
| Net income | $4.2B | $10.0B |
| Gross margin | 28.2% | · |
| Net margin | 16.0% | 17.8% |
| Return on equity | · | 17.0% |
| Diluted EPS | · | $6.08 |
| Dividend / share | $0.60 | · |
| Payout ratio | · | 61.7% |
| Free cash flow | $1.1B | · |
| Equity | $18.9B | $62.2B |
| Net debt / equity | 0.29× | 0.21× |
| Current ratio | 2.29× | 1.44× |
| Revenue CAGR 5y | 12.8% | 5.3% |
| Profit CAGR 5y | 36.9% | 0.4% |
RIO bills 2.2× the revenue of FCX, and keeps more of each dollar of revenue as profit (17.8% against 16.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | FCX | RIO |
|---|---|---|
| FY2025 | $25.9B | $57.6B |
| FY2024 | $25.5B | $53.7B |
| FY2023 | $22.9B | $54.0B |
| FY2022 | $23.3B | $55.6B |
| FY2021 | $22.8B | $63.5B |
| FY2020 | $14.2B | $44.6B |
| FY2019 | $14.4B | $43.2B |
| FY2018 | $18.9B | $40.5B |
| FY2017 | $16.4B | $40.0B |
| FY2016 | $14.8B | $33.8B |
Bottom line
| Fiscal year | FCX | RIO |
|---|---|---|
| FY2025 | $4.2B | $10.0B |
| FY2024 | $4.4B | $11.6B |
| FY2023 | $3.8B | $10.1B |
| FY2022 | $4.5B | $12.4B |
| FY2021 | $5.4B | $21.1B |
| FY2020 | $865.0M | $9.8B |
| FY2019 | $-189.0M | $8.0B |
| FY2018 | $2.9B | $13.6B |
| FY2017 | $2.1B | $8.8B |
| FY2016 | $-4.0B | $4.6B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$31,723,000,000 | RIO |
| FY2024 | −$28,203,000,000 | RIO |
| FY2023 | −$31,186,000,000 | RIO |
| FY2022 | −$32,283,000,000 | RIO |
| FY2021 | −$40,650,000,000 | RIO |
| FY2020 | −$30,413,000,000 | RIO |
| FY2019 | −$28,763,000,000 | RIO |
| FY2018 | −$21,577,000,000 | RIO |
| FY2017 | −$23,627,000,000 | RIO |
| FY2016 | −$18,951,000,000 | RIO |
| FY2015 | −$20,222,000,000 | RIO |
RIO has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.8 pp | RIO |
| FY2024 | −4.3 pp | RIO |
| FY2023 | −2.0 pp | RIO |
| FY2022 | −4.2 pp | RIO |
| FY2021 | −12.1 pp | RIO |
| FY2020 | −17.2 pp | RIO |
| FY2019 | −17.5 pp | RIO |
| FY2018 | −19.1 pp | RIO |
| FY2017 | −9.3 pp | RIO |
| FY2016 | −41.3 pp | RIO |
| FY2015 | −77.8 pp | RIO |
RIO has kept the higher net margin in every one of these 11 fiscal years.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FCX's net margin has been more volatile than RIO's over the 11 comparable fiscal years — 29.8 percentage points of standard deviation against 10.3.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
RIO led in net margin in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.