Filing Flows › Rio Tinto (RIO) › H1 2025
Rio Tinto (RIO) H1 2025 earnings results (H1 2025)
6-K filed Jul 30, 2025
Rio Tinto (RIO) reported revenue of $26.9B for the H1 2025 (H1 2025), +0.3% from a year earlier. Operating margin was 25.9%, net earnings $4.5B (16.8% of revenue).
Rio Tinto, H1 2025: revenue $26.9B (+0.3% year over year), operating margin 25.9%, net earnings $4.5B, operating cash flow $6.9B. The chart follows the revenue to costs, profit and cash.
| H1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.9B | — | +0.3% |
| Operating profit | $7.0B | — | -16% |
| Net earnings | $4.5B | — | -22% |
| Operating cash flow | $6.9B | — | -2% |
| Free cash flow | $2.2B | — | -28% |
What changed
Revenue was $26.9B in H1 2025, roughly flat year over year.
Operating profit was $7.0B, a 25.9% margin (down 4.9 points year over year). Operating profit fell $1.3B even though revenue rose $0.07B versus a year earlier, so costs grew faster than sales. Total costs grew 7% against flat revenue. Net earnings were $4.5B, down 22% year over year. The effective tax rate was 32.7%.
Operating cash flow was $6.9B (down 2% year over year), 153% of net earnings. Working capital and other items added $2.4B. Capital expenditures of $4.7B left free cash flow of $2.2B.
Questions
What was Rio Tinto's revenue in the H1 2025?
Rio Tinto (RIO) reported revenue of $26.9B for the H1 2025 (H1 2025), +0.3% from a year earlier.
Was Rio Tinto profitable in the H1 2025?
Operating profit was $7.0B (25.9% of revenue) and net earnings $4.5B.
Source: Rio Tinto 6-K on SEC EDGAR.