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).
Total return — NEM vs RIO
growth of $100 · last 30yNEM +94.7%RIO +522.4%RIO compounded faster
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 6It 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
| Metric | NEM | RIO |
|---|---|---|
| P/E ratio | 12.44 | 7.12● |
| Forward P/E | 8.44● | 10.76 |
| P/S ratio | 4.28 | 1.38● |
| P/B ratio | 2.99 | 2.47● |
| PEG ratio | 0.13● | 19.77 |
| EV / EBITDA | 6.47 | 4.06● |
| FCF yield | 11.75%● | 7.01% |
Profitability
| Metric | NEM | RIO |
|---|---|---|
| Gross margin | 55.12%● | 27.57% |
| Operating margin | 52.62%● | 27.10% |
| Net margin | 34.64%● | 19.28% |
| ROE | 24.21% | 34.53%● |
| ROIC | 12.23%● | 9.18% |
Dividends
| Metric | NEM | RIO |
|---|---|---|
| Dividend yield | 1.08% | 5.42%● |
| Payout ratio | 16.22% | 82.60% |
Growth (annualized)
| Metric | NEM | RIO |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Newmont P/E ratioRio Tinto P/E ratioNewmont dividend yieldRio Tinto dividend yieldNewmont ROERio Tinto ROENewmont operating marginRio Tinto operating marginNewmont revenue growthRio Tinto revenue growthNewmont free cash flowRio Tinto free cash flow
Newmont & Rio Tinto appear in these rankings
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.