NEM vs RIO

Newmont and Rio Tinto Group, both Basic Materials

Rio Tinto Group is the larger company at $158B against $123B. On trailing earnings NEM is the cheaper of the two at a P/E of 14.8 against 15.5, a gap that is only a bargain if the two are growing at similar rates. Over the past year RIO returned +52% against +44% for NEM. The RyuScore puts RIO ahead, 72 against 64 out of 100.

Newmont and Rio Tinto Group compared on valuation, return and the RyuScore
FigureNEMRIO
Last close$117$94.33
Market cap$123B$158B
Trailing P/Elower is cheaper for the same earnings, not automatically better14.815.5
Dividend yield0.9%n/a
1-year return+44%+52%
5-year return+135%+77%
RyuScoresector-relative, 1–1064/10072/100

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Newmont

Revenue of $6.1B in Q2 2026, net income $2.2B. Its largest reported line is Nevada Gold Mines, 20% of the disclosed total.

Rio Tinto Group

Revenue of $31B in H2 2025, net income $5.4B.

Open these two in the interactive comparison to add more names, change the period or see the correlation.