Rio Tinto posts flat underlying earnings for 2025 as profit slides
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The news: Mining giant Rio Tinto reported full-year underlying earnings of USD10.9 billion ($15.5 billion), flat year on year. This landed roughly in line with consensus estimates of USD11 billion, according to Visible Alpha data.
The numbers: Rio’s full-year underlying earnings before interest, tax, depreciation and amortisation was up 9% to USD25.4 billion, shy of analysts’ estimates of USD25.6 billion.
Profit after tax was down 14% to USD10 billion. The company declared a total dividend of USD4.02 per share, level with last year’s payout.
The context: Rio chief executive said the result was driven by its new “stronger, sharper and simple” strategy, presented to shareholders late last year.
All 2026 guidance was reaffirmed from the company’s Capital Markets Day in December.
What they said: “Our strong cashflow and balance sheet enable us to sustain a 60% payout ratio with a $6.5 billion ordinary dividend, making it the tenth consecutive year at the top end of the range,” said Trott.
The source: ASX
