RIO vs VALE
RIO Tinto PLC and Vale S.a., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | RIO | VALE |
|---|---|---|
| Revenue | $57.6B | $38.4B |
| Net income | $10.0B | $2.4B |
| Gross margin | · | 35.0% |
| Net margin | 17.8% | 5.2% |
| Return on equity | 17.0% | 7.0% |
| Diluted EPS | $6.08 | · |
| Dividend / share | · | · |
| Payout ratio | 61.7% | 251.8% |
| Free cash flow | · | · |
| Equity | $62.2B | $33.5B |
| Net debt / equity | 0.21× | · |
| Current ratio | 1.44× | 1.15× |
| Revenue CAGR 5y | 5.3% | −0.6% |
| Profit CAGR 5y | 0.4% | −13.6% |
RIO bills 1.5× the revenue of VALE, and keeps more of each dollar of revenue as profit (17.8% against 5.2%).
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 | RIO | VALE |
|---|---|---|
| FY2025 | $57.6B | $38.4B |
| FY2024 | $53.7B | $38.1B |
| FY2023 | $54.0B | $41.8B |
| FY2022 | $55.6B | $43.8B |
| FY2021 | $63.5B | $54.5B |
| FY2020 | $44.6B | $39.5B |
| FY2019 | $43.2B | $36.5B |
| FY2018 | $40.5B | $36.6B |
| FY2017 | $40.0B | $34.0B |
| FY2016 | $33.8B | $27.5B |
Bottom line
| Fiscal year | RIO | VALE |
|---|---|---|
| FY2025 | $10.0B | $2.4B |
| FY2024 | $11.6B | $6.2B |
| FY2023 | $10.1B | $8.0B |
| FY2022 | $12.4B | $18.8B |
| FY2021 | $21.1B | $22.4B |
| FY2020 | $9.8B | $4.9B |
| FY2019 | $8.0B | $-1.7B |
| FY2018 | $13.6B | $6.9B |
| FY2017 | $8.8B | $5.5B |
| FY2016 | $4.6B | $4.0B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$19,235,000,000 | RIO |
| FY2024 | +$15,602,000,000 | RIO |
| FY2023 | +$12,257,000,000 | RIO |
| FY2022 | +$11,715,000,000 | RIO |
| FY2021 | +$8,993,000,000 | RIO |
| FY2020 | +$5,066,000,000 | RIO |
| FY2019 | +$6,616,000,000 | RIO |
| FY2018 | +$3,947,000,000 | RIO |
| FY2017 | +$6,063,000,000 | RIO |
| FY2016 | +$6,293,000,000 | RIO |
| FY2015 | +$11,445,000,000 | 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 11 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +12.6 pp | RIO |
| FY2024 | +5.9 pp | RIO |
| FY2023 | −1.0 pp | VALE |
| FY2022 | −19.6 pp | VALE |
| FY2021 | −5.6 pp | VALE |
| FY2020 | +11.9 pp | RIO |
| FY2019 | +22.1 pp | RIO |
| FY2018 | +15.5 pp | RIO |
| FY2017 | +5.9 pp | RIO |
| FY2016 | −0.3 pp | VALE |
| FY2015 | +49.0 pp | RIO |
The higher net margin has changed hands between RIO and VALE over this period.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VALE's net margin has been more volatile than RIO's over the 11 comparable fiscal years — 24.6 percentage points of standard deviation against 10.3.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between RIO and VALE over these 11 fiscal years — RIO led in 7 and VALE in 4.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VALE's return on equity has been more volatile than RIO's over the 11 comparable fiscal years — 24.8 percentage points of standard deviation against 10.5.
11 of 11 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 RIO and VALE over these 11 fiscal years — RIO led in 8 and VALE in 3.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.