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Side-by-side financial comparison of New Gold Inc. (NGD) 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 $44.1M, roughly 697.1× New Gold Inc.).

JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.

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.

NGD vs RIO — Head-to-Head

Bigger by revenue
RIO
RIO
697.1× larger
RIO
$30.8B
$44.1M
NGD

Income Statement — Q3 2025 vs Q4 2025

Metric
NGD
NGD
RIO
RIO
Revenue
$44.1M
$30.8B
Net Profit
$5.7B
Gross Margin
Operating Margin
25.9%
Net Margin
18.6%
Revenue YoY
14.6%
Net Profit YoY
0.5%
EPS (diluted)
$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.

Revenue
NGD
NGD
RIO
RIO
Q4 25
$30.8B
Q3 25
$44.1M
Q4 24
$26.9B
Q4 23
$27.4B
Q4 22
$25.8B
Net Profit
NGD
NGD
RIO
RIO
Q4 25
$5.7B
Q3 25
Q4 24
$5.7B
Q4 23
$5.0B
Q4 22
$3.6B
Operating Margin
NGD
NGD
RIO
RIO
Q4 25
25.9%
Q3 25
Q4 24
27.5%
Q4 23
27.7%
Q4 22
30.0%
Net Margin
NGD
NGD
RIO
RIO
Q4 25
18.6%
Q3 25
Q4 24
21.2%
Q4 23
18.3%
Q4 22
14.0%
EPS (diluted)
NGD
NGD
RIO
RIO
Q4 25
$3.32
Q3 25
Q4 24
$3.51
Q4 23
$3.03
Q4 22
$2.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NGD
NGD
RIO
RIO
Cash + ST InvestmentsLiquidity on hand
$9.4B
Total DebtLower is stronger
$21.9B
Stockholders' EquityBook value
$67.0B
Total Assets
$128.1B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGD
NGD
RIO
RIO
Q4 25
$9.4B
Q3 25
Q4 24
$8.8B
Q4 23
$10.7B
Q4 22
$8.8B
Total Debt
NGD
NGD
RIO
RIO
Q4 25
$21.9B
Q3 25
Q4 24
$12.4B
Q4 23
$13.0B
Q4 22
$11.1B
Stockholders' Equity
NGD
NGD
RIO
RIO
Q4 25
$67.0B
Q3 25
Q4 24
$58.0B
Q4 23
$56.3B
Q4 22
$52.7B
Total Assets
NGD
NGD
RIO
RIO
Q4 25
$128.1B
Q3 25
Q4 24
$102.8B
Q4 23
$103.5B
Q4 22
$96.8B
Debt / Equity
NGD
NGD
RIO
RIO
Q4 25
0.33×
Q3 25
Q4 24
0.21×
Q4 23
0.23×
Q4 22
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NGD
NGD
RIO
RIO
Operating Cash FlowLast quarter
$9.9B
Free Cash FlowOCF − Capex
$2.3B
FCF MarginFCF / Revenue
7.5%
Capex IntensityCapex / Revenue
24.7%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$11.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGD
NGD
RIO
RIO
Q4 25
$9.9B
Q3 25
Q4 24
$8.5B
Q4 23
$8.2B
Q4 22
$5.7B
Free Cash Flow
NGD
NGD
RIO
RIO
Q4 25
$2.3B
Q3 25
Q4 24
$2.9B
Q4 23
$4.1B
Q4 22
$2.1B
FCF Margin
NGD
NGD
RIO
RIO
Q4 25
7.5%
Q3 25
Q4 24
10.9%
Q4 23
15.0%
Q4 22
8.0%
Capex Intensity
NGD
NGD
RIO
RIO
Q4 25
24.7%
Q3 25
Q4 24
20.9%
Q4 23
14.9%
Q4 22
14.0%
Cash Conversion
NGD
NGD
RIO
RIO
Q4 25
1.73×
Q3 25
Q4 24
1.50×
Q4 23
1.64×
Q4 22
1.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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