Rio Tinto plc operates in the Iron ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Rio Tinto plc with three other
companies in this sector in UNITED STATES :
Vale S.A
(2019
sales of $37.69 billion
of which 80%
was Ferrous minerals),
BHP Group Ltd
($44.29 billion
of which 39%
was Iron Ore), and
Bhp Group PLC
($44.29 billion
of which 39%
was Iron Ore).
Sales Analysis.
Rio Tinto plc reported sales of $43.17 billion
for the
year ending
December of 2019.
This
represents
an
increase of 6.5%
versus 2018, when the company's sales were $40.52 billion.
This was the third consecutive year of growth at Rio Tinto plc.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Rio Tinto plc had sales
of $47.66 billion.
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
100.0% in 2019, from
$9.00 million to $18.00 million.
Rio Tinto plc also saw significant increases in sales in
Iron Ore (up 30.2% to $24.08 billion)
.
Not all segments of Rio Tinto plc experienced an increase in sales in 2019:
sales of Aluminum fell 15.2% to $10.34 billion.
Rio Tinto plc also experienced decreases in sales in
Copper and Diamonds (down 10.1% to $5.82 billion)
and
Energy and Minerals (down 9.6% to $5.15 billion)
.