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Side-by-side financial comparison of Ivanhoe Electric Inc. (IE) and RIO TINTO PLC (RIO). Click either name above to swap in a different company.
RIO TINTO PLC is the larger business by last-quarter revenue ($30.8B vs $896.0K, roughly 34335.9× Ivanhoe Electric Inc.). RIO TINTO PLC runs the higher net margin — 18.6% vs -4500.4%, a 4519.0% gap on every dollar of revenue. On growth, RIO TINTO PLC posted the faster year-over-year revenue change (14.6% vs -32.7%). RIO TINTO PLC produced more free cash flow last quarter ($2.3B vs $-25.7M).
Ivanhoe Electric Inc. is a critical minerals exploration and development firm focused on metals for global electrification. It targets high-grade copper, gold, silver and strategic deposits, with primary North American operations, supplying raw materials to renewable energy, EV and power grid infrastructure supply chains worldwide.
Rio Tinto Group is a British-Australian multinational mining company headquartered in London, England, and Melbourne, Australia. It was founded in 1873 when a group of British investors purchased a mine complex on the Río Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions and is today a major producer of commodities such as copper, iron ore, aluminium and lithium.
IE vs RIO — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $896.0K | $30.8B |
| Net Profit | $-40.3M | $5.7B |
| Gross Margin | 69.5% | — |
| Operating Margin | -4167.7% | 25.9% |
| Net Margin | -4500.4% | 18.6% |
| Revenue YoY | -32.7% | 14.6% |
| Net Profit YoY | -318.3% | 0.5% |
| EPS (diluted) | $0.24 | $3.32 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $896.0K | $30.8B | ||
| Q3 25 | $545.0K | — | ||
| Q2 25 | $1.1M | — | ||
| Q1 25 | $735.0K | — | ||
| Q4 24 | $1.3M | $26.9B | ||
| Q3 24 | $671.0K | — | ||
| Q2 24 | $538.0K | — | ||
| Q1 24 | $360.0K | — |
| Q4 25 | $-40.3M | $5.7B | ||
| Q3 25 | $-17.5M | — | ||
| Q2 25 | $-23.9M | — | ||
| Q1 25 | $-34.1M | — | ||
| Q4 24 | $18.5M | $5.7B | ||
| Q3 24 | $-43.2M | — | ||
| Q2 24 | $-46.8M | — | ||
| Q1 24 | $-60.1M | — |
| Q4 25 | 69.5% | — | ||
| Q3 25 | 51.2% | — | ||
| Q2 25 | 72.5% | — | ||
| Q1 25 | 60.1% | — | ||
| Q4 24 | 64.7% | — | ||
| Q3 24 | 61.8% | — | ||
| Q2 24 | 64.3% | — | ||
| Q1 24 | 72.2% | — |
| Q4 25 | -4167.7% | 25.9% | ||
| Q3 25 | -4328.3% | — | ||
| Q2 25 | -2400.3% | — | ||
| Q1 25 | -3674.0% | — | ||
| Q4 24 | -2229.4% | 27.5% | ||
| Q3 24 | -6233.8% | — | ||
| Q2 24 | -9023.4% | — | ||
| Q1 24 | -15800.3% | — |
| Q4 25 | -4500.4% | 18.6% | ||
| Q3 25 | -3214.9% | — | ||
| Q2 25 | -2233.2% | — | ||
| Q1 25 | -4645.0% | — | ||
| Q4 24 | 1386.6% | 21.2% | ||
| Q3 24 | -6443.5% | — | ||
| Q2 24 | -8695.7% | — | ||
| Q1 24 | -16693.1% | — |
| Q4 25 | $0.24 | $3.32 | ||
| Q3 25 | $0.13 | — | ||
| Q2 25 | $0.18 | — | ||
| Q1 25 | $0.24 | — | ||
| Q4 24 | $-0.14 | $3.51 | ||
| Q3 24 | $0.36 | — | ||
| Q2 24 | $0.39 | — | ||
| Q1 24 | $0.46 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $173.3M | $9.4B |
| Total DebtLower is stronger | — | $21.9B |
| Stockholders' EquityBook value | $416.1M | $67.0B |
| Total Assets | $483.3M | $128.1B |
| Debt / EquityLower = less leverage | — | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $173.3M | $9.4B | ||
| Q3 25 | $69.5M | — | ||
| Q2 25 | $88.0M | — | ||
| Q1 25 | $98.2M | — | ||
| Q4 24 | $41.0M | $8.8B | ||
| Q3 24 | $81.1M | — | ||
| Q2 24 | $133.8M | — | ||
| Q1 24 | $179.4M | — |
| Q4 25 | — | $21.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $12.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $416.1M | $67.0B | ||
| Q3 25 | $280.1M | — | ||
| Q2 25 | $293.3M | — | ||
| Q1 25 | $307.0M | — | ||
| Q4 24 | $268.6M | $58.0B | ||
| Q3 24 | $250.1M | — | ||
| Q2 24 | $289.2M | — | ||
| Q1 24 | $331.5M | — |
| Q4 25 | $483.3M | $128.1B | ||
| Q3 25 | $386.2M | — | ||
| Q2 25 | $400.5M | — | ||
| Q1 25 | $414.4M | — | ||
| Q4 24 | $374.9M | $102.8B | ||
| Q3 24 | $375.4M | — | ||
| Q2 24 | $416.3M | — | ||
| Q1 24 | $461.2M | — |
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-25.7M | $9.9B |
| Free Cash FlowOCF − Capex | $-25.7M | $2.3B |
| FCF MarginFCF / Revenue | -2872.8% | 7.5% |
| Capex IntensityCapex / Revenue | 4.1% | 24.7% |
| Cash ConversionOCF / Net Profit | — | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $-90.6M | $11.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-25.7M | $9.9B | ||
| Q3 25 | $-27.7M | — | ||
| Q2 25 | $-20.0M | — | ||
| Q1 25 | $-15.8M | — | ||
| Q4 24 | $-30.7M | $8.5B | ||
| Q3 24 | $-36.9M | — | ||
| Q2 24 | $-44.5M | — | ||
| Q1 24 | $-50.0M | — |
| Q4 25 | $-25.7M | $2.3B | ||
| Q3 25 | $-27.8M | — | ||
| Q2 25 | $-21.3M | — | ||
| Q1 25 | $-15.8M | — | ||
| Q4 24 | $-32.4M | $2.9B | ||
| Q3 24 | $-36.9M | — | ||
| Q2 24 | $-45.0M | — | ||
| Q1 24 | $-50.6M | — |
| Q4 25 | -2872.8% | 7.5% | ||
| Q3 25 | -5103.9% | — | ||
| Q2 25 | -1990.1% | — | ||
| Q1 25 | -2146.5% | — | ||
| Q4 24 | -2432.4% | 10.9% | ||
| Q3 24 | -5506.6% | — | ||
| Q2 24 | -8372.9% | — | ||
| Q1 24 | -14064.2% | — |
| Q4 25 | 4.1% | 24.7% | ||
| Q3 25 | 16.9% | — | ||
| Q2 25 | 117.6% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 127.3% | 20.9% | ||
| Q3 24 | 8.8% | — | ||
| Q2 24 | 93.7% | — | ||
| Q1 24 | 186.7% | — |
| Q4 25 | — | 1.73× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -1.66× | 1.50× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
