NEM vs RIO
Newmont Corp. and RIO Tinto PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NEM | RIO |
|---|---|---|
| Revenue | $22.7B | $57.6B |
| Net income | $7.1B | $10.0B |
| Gross margin | 64.3% | · |
| Net margin | 31.6% | 17.8% |
| Return on equity | 22.2% | 17.0% |
| Diluted EPS | $6.39 | $6.08 |
| Dividend / share | $1.00 | · |
| Payout ratio | 15.6% | 61.7% |
| Free cash flow | $7.3B | · |
| Equity | $33.9B | $62.2B |
| Net debt / equity | −0.07× | 0.21× |
| Current ratio | 2.29× | 1.44× |
| Revenue CAGR 5y | 14.5% | 5.3% |
| Profit CAGR 5y | 20.2% | 0.4% |
RIO bills 2.5× the revenue of NEM, and NEM keeps more of each dollar of revenue as profit (31.6% against 17.8%).
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 | NEM | RIO |
|---|---|---|
| FY2025 | $22.7B | $57.6B |
| FY2024 | $18.7B | $53.7B |
| FY2023 | $11.8B | $54.0B |
| FY2022 | $11.9B | $55.6B |
| FY2021 | $12.2B | $63.5B |
| FY2020 | $11.5B | $44.6B |
| FY2019 | $9.7B | $43.2B |
| FY2018 | $7.3B | $40.5B |
| FY2017 | $7.4B | $40.0B |
| FY2016 | $6.7B | $33.8B |
Bottom line
| Fiscal year | NEM | RIO |
|---|---|---|
| FY2025 | $7.1B | $10.0B |
| FY2024 | $3.3B | $11.6B |
| FY2023 | $-2.5B | $10.1B |
| FY2022 | $-429.0M | $12.4B |
| FY2021 | $1.2B | $21.1B |
| FY2020 | $2.8B | $9.8B |
| FY2019 | $2.8B | $8.0B |
| FY2018 | $341.0M | $13.6B |
| FY2017 | $-114.0M | $8.8B |
| FY2016 | $-629.0M | $4.6B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$34,969,000,000 | RIO |
| FY2024 | −$34,976,000,000 | RIO |
| FY2023 | −$42,229,000,000 | RIO |
| FY2022 | −$43,639,000,000 | RIO |
| FY2021 | −$51,273,000,000 | RIO |
| FY2020 | −$33,114,000,000 | RIO |
| FY2019 | −$33,425,000,000 | RIO |
| FY2018 | −$33,269,000,000 | RIO |
| FY2017 | −$32,651,000,000 | RIO |
| FY2016 | −$27,101,000,000 | RIO |
| FY2015 | −$28,744,000,000 | 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 14 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +13.8 pp | NEM |
| FY2024 | −3.5 pp | RIO |
| FY2023 | −39.3 pp | RIO |
| FY2022 | −26.6 pp | RIO |
| FY2021 | −33.7 pp | RIO |
| FY2020 | +1.0 pp | NEM |
| FY2019 | +13.5 pp | NEM |
| FY2018 | −29.1 pp | RIO |
| FY2017 | −23.6 pp | RIO |
| FY2016 | −28.3 pp | RIO |
| FY2015 | +9.9 pp | NEM |
The higher net margin has changed hands between NEM and RIO over this period.
11 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NEM's net margin has been more volatile than RIO's over the 11 comparable fiscal years — 16.4 percentage points of standard deviation against 10.3.
11 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NEM and RIO over these 11 fiscal years — NEM led in 4 and RIO in 7.
11 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
RIO's return on equity has been more volatile than NEM's over the 11 comparable fiscal years — 10.5 percentage points of standard deviation against 9.5.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NEM and RIO over these 11 fiscal years — NEM led in 2 and RIO in 9.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.