Rio Tinto Asset Turnover Growth & History (RIO)
Rio Tinto's asset turnover was 0.50 for fiscal 2025.
View full Rio Tinto company overviewRio Tinto annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.50 | −0.02 | −4.01% |
| 2024 | 2024-12-31 | 0.52 | −0.02 | −3.60% |
| 2023 | 2023-12-31 | 0.54 | −0.02 | −3.04% |
| 2022 | 2022-12-31 | 0.56 | −0.08 | −12.24% |
| 2021 | 2021-12-31 | 0.63 | 0.15 | +31.60% |
| 2020 | 2020-12-31 | 0.48 | −0.00 | −0.24% |
| 2019 | 2019-12-31 | 0.48 | 0.05 | +11.24% |
| 2018 | 2018-12-31 | 0.43 | 0.00 | +0.31% |
| 2017 | 2017-12-31 | 0.43 | — | — |
Rio Tinto asset turnover trends
Over the last five fiscal years, Rio Tinto's asset turnover increased from 0.48 to 0.50, a change of 0.02.
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Rio Tinto secures traditional-owner consent for its Winu project
Rio Tinto ($RIO) reached an agreement with the Nyangumarta Warrarn Aboriginal Corporation providing traditional-owner consent for the Winu copper-gold project in Western Australia. The agreement represents an important step in the project’s ...