Tax Rate: 27.05%
Is the tax rate high or low?
The tax rate of 27.05% is in line with its 5-year average of 29.70%, near the low end of its 5-year range (24.21%–44.45%).
3.33% below its 12-month average of 27.98%.
RIO Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
RIO Average Tax Rate Chart
RIO Current vs Average Tax Rate Chart
RIO Tax Rate Metrics
TAX RATE
27.05%
TAX RATE AVG TTM
27.98%
TAX RATE AVG 3Y
30.61%
TAX RATE AVG 5Y
29.70%
TAX RATE AVG 10Y
29.70%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-3.33%
CURRENT VS 3Y AVG
-11.65%
CURRENT VS 5Y AVG
-8.92%
CURRENT VS 10Y AVG
-8.92%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Rio Tinto Group (RIO)?
- The tax rate for RIO stock is 27.05%.
- Is Rio Tinto Group's tax rate high or low?
- The tax rate of 27.05% is in line with its 5-year average of 29.70%, near the low end of its 5-year range (24.21%–44.45%).
- What is the TTM average tax rate for Rio Tinto Group (RIO)?
- The TTM average tax rate for RIO stock is 27.98%.
- What is the 3Y average tax rate for Rio Tinto Group (RIO)?
- The 3Y average tax rate for RIO stock is 30.61%.
- What is the 5Y average tax rate for Rio Tinto Group (RIO)?
- The 5Y average tax rate for RIO stock is 29.70%.
- What is the 10Y average tax rate for Rio Tinto Group (RIO)?
- The 10Y average tax rate for RIO stock is 29.70%.
RIO Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 27.05% |
| 2025-06-30 | 32.67% |
| 2024-12-31 | 24.21% |
| 2024-06-30 | 27.42% |
| 2023-12-31 | 27.97% |
| 2023-06-30 | 30.51% |
| 2022-12-31 | 44.45% |
| 2022-06-30 | 24.50% |
| 2021-12-31 | 26.65% |
| 2021-06-30 | 28.47% |
| 2020-12-31 | 32.75% |
| 2020-06-30 | 35.98% |
| 2019-12-31 | 32.40% |
| 2019-06-30 | 45.30% |
| 2018-12-31 | 17.57% |
| 2018-06-30 | 33.17% |
| 2017-12-31 | 29.21% |
| 2017-05-31 | 33.68% |
| 2016-12-31 | 28.50% |
| 2016-06-30 | 17.02% |
| 2015-06-30 | 54.21% |
| 2014-12-31 | 36.01% |
| 2014-06-30 | 29.66% |
| 2013-12-31 | 306.12% |
| 2013-06-30 | 47.52% |
Related Metrics
About Rio Tinto Group
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum and lithium segment is involved in bauxite mining; alumina refining; and aluminium smelting, and recycling, as well as mining and processing of lithium. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- Simon Callas Trott