Newmont Corporation (NEM) vs Rio Tinto Group (RIO)

NEM leads on 11 of 17 compared metrics, though RIO is the cheaper stock.

A side-by-side comparison of Newmont Corporation and Rio Tinto Group across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — NEM vs RIO

growth of $100 · last 30y
NEM +94.7%RIO +522.4%RIO compounded faster
0200400600800Start $100200120062011201620212026$195$622
NEM RIO

NEM vs RIO: by the numbers

  • RIO is the larger company ($152.24B vs $102.62B market cap).
  • RIO trades at the lower earnings multiple (7.12 vs 12.44 P/E).
  • NEM converts more revenue to profit (34.64% vs 19.28% net margin).
  • NEM grew revenue faster over the past five years (15.80% vs 4.92% CAGR).
  • RIO pays the higher dividend yield (5.42% vs 1.08%).

Which is better, NEM or RIO?

Metric tally: NEM 11 · RIO 6

It depends on what you're optimizing for:

ValueRIO(lower P/E)
GrowthNEM(faster 5Y revenue CAGR)
IncomeRIO(higher dividend yield)
QualityNEM(higher ROIC)

Metrics side by side

Valuation

MetricNEMRIO
P/E ratio12.447.12
Forward P/E8.4410.76
P/S ratio4.281.38
P/B ratio2.992.47
PEG ratio0.1319.77
EV / EBITDA6.474.06
FCF yield11.75%7.01%

Profitability

MetricNEMRIO
Gross margin55.12%27.57%
Operating margin52.62%27.10%
Net margin34.64%19.28%
ROE24.21%34.53%
ROIC12.23%9.18%

Dividends

MetricNEMRIO
Dividend yield1.08%5.42%
Payout ratio16.22%82.60%

Growth (annualized)

MetricNEMRIO
Revenue CAGR (5Y)15.80%4.92%
EPS CAGR (5Y)12.74%0.36%
FCF CAGR (5Y)29.17%-11.74%
Total return CAGR (5Y)12.11%10.24%

Frequently asked

Which is better, NEM or RIO?
It depends on your goal. value: RIO (lower P/E); growth: NEM (faster 5Y revenue CAGR); income: RIO (higher dividend yield); quality: NEM (higher ROIC). Across all compared metrics, NEM leads 11 to 6.
Is NEM or RIO cheaper?
On trailing earnings, RIO is cheaper: NEM trades at a 12.44 P/E and RIO at 7.12.
Which has grown faster, NEM or RIO?
Over the past five years, NEM grew revenue faster — NEM at a 15.80% CAGR versus RIO at 4.92%.
Does NEM or RIO pay a bigger dividend?
NEM yields 1.08% and RIO yields 5.42% based on trailing dividends and the latest price.
Is NEM or RIO more profitable?
NEM runs the higher net margin — NEM at 34.64% versus RIO at 19.28%.
Which has been the better investment, NEM or RIO?
Over the past 10-year, RIO delivered the higher annualized total return — NEM at 12.40% versus RIO at 21.31%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 27, 2026.