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Side-by-side financial comparison of RIO TINTO PLC (RIO) and United Parcel Service (UPS). Click either name above to swap in a different company.

RIO TINTO PLC is the larger business by last-quarter revenue ($30.8B vs $21.2B, roughly 1.5× United Parcel Service). RIO TINTO PLC runs the higher net margin — 18.6% vs 4.1%, a 14.5% gap on every dollar of revenue. On growth, RIO TINTO PLC posted the faster year-over-year revenue change (14.6% vs -1.6%). RIO TINTO PLC produced more free cash flow last quarter ($2.3B vs $1.3B).

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.

United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company and one of the world's largest shipping couriers. UPS today is primarily known for its ground shipping services as well as the UPS Store, a retail chain which assists UPS shipments and provides tools for small businesses.

RIO vs UPS — Head-to-Head

Bigger by revenue
RIO
RIO
1.5× larger
RIO
$30.8B
$21.2B
UPS
Growing faster (revenue YoY)
RIO
RIO
+16.2% gap
RIO
14.6%
-1.6%
UPS
Higher net margin
RIO
RIO
14.5% more per $
RIO
18.6%
4.1%
UPS
More free cash flow
RIO
RIO
$1.0B more FCF
RIO
$2.3B
$1.3B
UPS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
RIO
RIO
UPS
UPS
Revenue
$30.8B
$21.2B
Net Profit
$5.7B
$864.0M
Gross Margin
Operating Margin
25.9%
Net Margin
18.6%
4.1%
Revenue YoY
14.6%
-1.6%
Net Profit YoY
0.5%
-27.2%
EPS (diluted)
$3.32
$1.02

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
RIO
RIO
UPS
UPS
Q1 26
$21.2B
Q4 25
$30.8B
$24.5B
Q3 25
$21.4B
Q2 25
$21.2B
Q1 25
$21.5B
Q4 24
$26.9B
$25.3B
Q3 24
$22.2B
Q2 24
$21.8B
Net Profit
RIO
RIO
UPS
UPS
Q1 26
$864.0M
Q4 25
$5.7B
$1.8B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.2B
Q4 24
$5.7B
$1.7B
Q3 24
$1.5B
Q2 24
$1.4B
Operating Margin
RIO
RIO
UPS
UPS
Q1 26
Q4 25
25.9%
10.5%
Q3 25
8.4%
Q2 25
8.6%
Q1 25
7.7%
Q4 24
27.5%
11.6%
Q3 24
8.9%
Q2 24
8.9%
Net Margin
RIO
RIO
UPS
UPS
Q1 26
4.1%
Q4 25
18.6%
7.3%
Q3 25
6.1%
Q2 25
6.0%
Q1 25
5.5%
Q4 24
21.2%
6.8%
Q3 24
6.9%
Q2 24
6.5%
EPS (diluted)
RIO
RIO
UPS
UPS
Q1 26
$1.02
Q4 25
$3.32
$2.10
Q3 25
$1.55
Q2 25
$1.51
Q1 25
$1.40
Q4 24
$3.51
$2.00
Q3 24
$1.80
Q2 24
$1.65

Balance Sheet & Financial Strength

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

Metric
RIO
RIO
UPS
UPS
Cash + ST InvestmentsLiquidity on hand
$9.4B
$5.8B
Total DebtLower is stronger
$21.9B
$23.7B
Stockholders' EquityBook value
$67.0B
Total Assets
$128.1B
$71.8B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RIO
RIO
UPS
UPS
Q1 26
$5.8B
Q4 25
$9.4B
$5.9B
Q3 25
$6.8B
Q2 25
$6.3B
Q1 25
$5.1B
Q4 24
$8.8B
$6.3B
Q3 24
$6.1B
Q2 24
$6.5B
Total Debt
RIO
RIO
UPS
UPS
Q1 26
$23.7B
Q4 25
$21.9B
$23.5B
Q3 25
$23.9B
Q2 25
$23.8B
Q1 25
$19.5B
Q4 24
$12.4B
$19.4B
Q3 24
$20.3B
Q2 24
$20.2B
Stockholders' Equity
RIO
RIO
UPS
UPS
Q1 26
Q4 25
$67.0B
$16.2B
Q3 25
$15.8B
Q2 25
$15.8B
Q1 25
$15.7B
Q4 24
$58.0B
$16.7B
Q3 24
$16.9B
Q2 24
$17.0B
Total Assets
RIO
RIO
UPS
UPS
Q1 26
$71.8B
Q4 25
$128.1B
$73.1B
Q3 25
$71.4B
Q2 25
$70.9B
Q1 25
$68.5B
Q4 24
$102.8B
$70.1B
Q3 24
$68.3B
Q2 24
$69.4B
Debt / Equity
RIO
RIO
UPS
UPS
Q1 26
Q4 25
0.33×
1.45×
Q3 25
1.51×
Q2 25
1.51×
Q1 25
1.25×
Q4 24
0.21×
1.16×
Q3 24
1.21×
Q2 24
1.19×

Cash Flow & Capital Efficiency

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

Metric
RIO
RIO
UPS
UPS
Operating Cash FlowLast quarter
$9.9B
Free Cash FlowOCF − Capex
$2.3B
$1.3B
FCF MarginFCF / Revenue
7.5%
6.0%
Capex IntensityCapex / Revenue
24.7%
4.9%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$11.4B
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RIO
RIO
UPS
UPS
Q1 26
Q4 25
$9.9B
$3.3B
Q3 25
$2.5B
Q2 25
$348.0M
Q1 25
$2.3B
Q4 24
$8.5B
$3.3B
Q3 24
$1.5B
Q2 24
$2.0B
Free Cash Flow
RIO
RIO
UPS
UPS
Q1 26
$1.3B
Q4 25
$2.3B
$2.6B
Q3 25
$1.5B
Q2 25
$-775.0M
Q1 25
$1.4B
Q4 24
$2.9B
$2.2B
Q3 24
$655.0M
Q2 24
$1.1B
FCF Margin
RIO
RIO
UPS
UPS
Q1 26
6.0%
Q4 25
7.5%
10.6%
Q3 25
7.1%
Q2 25
-3.7%
Q1 25
6.7%
Q4 24
10.9%
8.8%
Q3 24
2.9%
Q2 24
4.9%
Capex Intensity
RIO
RIO
UPS
UPS
Q1 26
4.9%
Q4 25
24.7%
2.9%
Q3 25
4.5%
Q2 25
5.3%
Q1 25
4.1%
Q4 24
20.9%
4.3%
Q3 24
3.8%
Q2 24
4.3%
Cash Conversion
RIO
RIO
UPS
UPS
Q1 26
Q4 25
1.73×
1.84×
Q3 25
1.89×
Q2 25
0.27×
Q1 25
1.95×
Q4 24
1.50×
1.93×
Q3 24
0.97×
Q2 24
1.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RIO
RIO

Segment breakdown not available.

UPS
UPS

U.S. Domestic Package$14.1B67%
International Package$4.5B21%
Supply Chain Solutions$2.5B12%

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