Rio Tinto Group (RION) - Net Assets

Latest as of June 2025: MX$61.97 Billion MXN ≈ $3.57 Billion USD

Based on the latest financial reports, Rio Tinto Group (RION) has net assets worth MX$61.97 Billion MXN (≈ $3.57 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$120.81 Billion ≈ $6.95 Billion USD) and total liabilities (MX$58.84 Billion ≈ $3.39 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$61.97 Billion
% of Total Assets	51.3%
Annual Growth Rate	0.73%
5-Year Change	11.68%
10-Year Change	31.36%
Growth Volatility	9.65

Rio Tinto Group - Net Assets Trend (2013–2024)

This chart illustrates how Rio Tinto Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Rio Tinto Group (2013–2024)

The table below shows the annual net assets of Rio Tinto Group from 2013 to 2024.

Year	Net Assets	Change
2024-12-31	MX$57.97 Billion ≈ $3.34 Billion	+2.88%
2023-12-31	MX$56.34 Billion ≈ $3.24 Billion	+7.78%
2022-12-31	MX$52.27 Billion ≈ $3.01 Billion	-7.63%
2021-12-31	MX$56.59 Billion ≈ $3.26 Billion	+9.03%
2020-12-31	MX$51.90 Billion ≈ $2.99 Billion	+14.72%
2019-12-31	MX$45.24 Billion ≈ $2.60 Billion	-9.19%
2018-12-31	MX$49.82 Billion ≈ $2.87 Billion	-2.53%
2017-12-31	MX$51.12 Billion ≈ $2.94 Billion	+11.78%
2016-12-31	MX$45.73 Billion ≈ $2.63 Billion	+3.63%
2015-12-31	MX$44.13 Billion ≈ $2.54 Billion	-19.17%
2014-12-31	MX$54.59 Billion ≈ $3.14 Billion	+2.04%
2013-12-31	MX$53.50 Billion ≈ $3.08 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Rio Tinto Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 80.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	MX$42.54 Billion	77.00%
Other Components	MX$12.71 Billion	23.00%
Total Equity	MX$55.25 Billion	100.00%

Rio Tinto Group Competitors by Market Cap

The table below lists competitors of Rio Tinto Group ranked by their market capitalization.

Company	Market Cap
Anheuser Busch Inbev SA NV BR:ABI	$125.05 Billion
Danaher Corporation NYSE:DHR	$125.20 Billion
Stryker Corporation NYSE:SYK	$125.33 Billion
SIEMENS ENERGY AG ADR/1 F:ENR0	$125.74 Billion
Pinduoduo Inc F:9PDA	$124.36 Billion
S&P Global Inc NYSE:SPGI	$124.01 Billion
Parker-Hannifin Corporation NYSE:PH	$122.99 Billion
Banco Bilbao Viscaya Argentaria SA ADR NYSE:BBVA	$122.53 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rio Tinto Group's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 54,586,000,000 to 55,246,000,000, a change of 660,000,000 (1.2%).
Net income of 11,552,000,000 contributed positively to equity growth.
Dividend payments of 7,025,000,000 reduced retained earnings.
Other factors decreased equity by 3,867,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$11.55 Billion	+20.91%
Dividends Paid	MX$7.03 Billion	-12.72%
Other Changes	MX$-3.87 Billion	-7.0%
Total Change	MX$-	1.21%

Book Value vs Market Value Analysis

This analysis compares Rio Tinto Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 50.84x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 51.91x to 50.84x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	MX$33.32	MX$1729.50	x
2018-12-31	MX$34.18	MX$1729.50	x
2019-12-31	MX$32.43	MX$1729.50	x
2020-12-31	MX$29.08	MX$1729.50	x
2021-12-31	MX$41.21	MX$1729.50	x
2022-12-31	MX$30.96	MX$1729.50	x
2023-12-31	MX$33.64	MX$1729.50	x
2024-12-31	MX$34.02	MX$1729.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rio Tinto Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 20.91%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 21.53%
• Asset Turnover: 0.52x
• Equity Multiplier: 1.86x
Recent ROE (20.91%) is above the historical average (19.00%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	7.99%	7.16%	0.46x	2.42x	MX$-923.60 Million
2014	14.10%	13.69%	0.44x	2.33x	MX$1.90 Billion
2015	-2.32%	-2.49%	0.38x	2.45x	MX$-4.60 Billion
2016	11.75%	13.67%	0.38x	2.27x	MX$688.00 Million
2017	19.60%	21.89%	0.42x	2.14x	MX$4.29 Billion
2018	31.22%	33.66%	0.45x	2.08x	MX$9.27 Billion
2019	19.76%	18.56%	0.49x	2.17x	MX$3.96 Billion
2020	20.76%	21.90%	0.46x	2.07x	MX$5.06 Billion
2021	41.01%	33.22%	0.62x	2.00x	MX$15.95 Billion
2022	24.75%	22.36%	0.57x	1.93x	MX$7.40 Billion
2023	18.43%	18.61%	0.52x	1.90x	MX$4.60 Billion
2024	20.91%	21.53%	0.52x	1.86x	MX$6.03 Billion

Industry Comparison

This section compares Rio Tinto Group's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

Industry: Other Industrial Metals & Mining
Average net assets among peers: $26,871,870,333
Average return on equity (ROE) among peers: -0.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Rio Tinto Group (RION)	MX$61.97 Billion	7.99%	0.95x	$124.82 Billion
Compañía Minera Autlán S.A.B. de C.V (AUTLANB)	$342.33 Million	1.05%	1.37x	$132.00 Million
BHP Group (BHPN)	$70.55 Billion	2.71%	0.77x	$203.04 Billion
Glencore plc (GLENN)	$49.45 Billion	11.68%	1.74x	$55.35 Billion
Grupo México S.A.B. de C.V (GMEXICOB)	$23.18 Billion	15.60%	0.59x	$89.60 Billion
Minera Frisco S.A.B. de C.V (MFRISCOA-1)	$12.69 Billion	-41.36%	2.54x	$3.36 Billion
Industrias Peñoles S.A.B. de C.V (PE&OLES)	$5.02 Billion	7.79%	0.95x	$22.13 Billion

About Rio Tinto Group

MX:RION Mexico Other Industrial Metals & Mining

Market Cap

$124.82 Billion

MX$2.17 Trillion MXN

Market Cap Rank

#188 Global

#6 in Mexico

Share Price

MX$1729.50

Change (1 day)

-0.49%

52-Week Range

MX$1070.00 - MX$1738.00

All Time High

MX$1738.00