Rio Tinto vs Vale
Rio Tinto reported revenue of $57.6 billion in fiscal 2025, 1.5 times Vale's $38.4 billion in fiscal 2025. Rio Tinto's revenue grew 7.4% in its latest year, and Vale's grew 0.9%. Rio Tinto had an operating margin of 25.9%, against 15.4% at Vale.
Side by side
| Rio Tinto | Vale | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $57.6B | $38.4B |
| Revenue growth | 7.4% | 0.9% |
| Revenue growth a year, last 5 years | 5.3% | −0.6% |
| Gross margin | — | 35.0% |
| Operating margin | 25.9% | 15.4% |
| Net margin | 17.3% | 6.1% |
| Free cash flow | $4.5B | — |
| Free cash flow margin | 7.8% | — |
| Return on capital | 14.9% | — |
| Net debt to EBITDA | 0.6x | — |
| Dividends and buybacks | $6.1B | $3.6B |
| Change in diluted share count | 0.3% | −0.1% |
| Last close | $83.72 | $12.00 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | — | bought $389,781, sold $4,014 |
| Piotroski F-score | 4 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Rio TintoVale
Operating margin
Percent of revenue
Rio TintoVale
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Rio TintoVale