Pricing Log in Create free account
Friday 6 November 2026 Export VALE’s income statement to Excel — free account

VALE S.A.

VALE Basic Materials Other Industrial Metals & Mining

VALE S.A.’s revenue for fiscal 2025 (year ended December 2025) was $38.4 billion, up 0.91% from fiscal 2024.

Revenue
+1.72%
EPS
−54.0%
Free cash flow
−9.38%
Total debt
−14.6%

Quarter to September 2026, against a year earlier

11.46 0.03 +0.26%
Market cap
$46.6B
P/E
76.4×
Fwd P/E
—
Dividend yield
3.49%
F-score
6/9
Altman Z
1.62
Beneish M
−2.84
Dividend safety
16/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

VALE S.A. (VALE) Debt to equity

Alert me on Debt to equity

VALE S.A.'s debt to equity at the end of the quarter to 30 September 2026 was 0.5×, down 0.1× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.3× (fiscal 2018) to 0.8× (fiscal 2015); the current reading is higher than 82% of that period. That is above the Other Industrial Metals & Mining industry median of 0.0× and above the Basic Materials sector median of 0.2×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.5× 22.01%
FY2024 0.4× 9.80%
FY2023 0.4× (0.78%)
FY2022 0.4× (16.19%)
FY2021 0.5× (8.01%)
FY2020 0.5× 18.48%
FY2019 0.4× 29.57%
FY2018 0.3× (31.32%)
FY2017 0.5× (29.73%)
FY2016 0.7× (11.55%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.5× (3.32%)
Jun 2026 0.5× (3.12%)
Mar 2026 0.5× (8.35%)
Dec 2025 0.5× 9.06%
43 more quarters

Against its own ten years

Low 0.3× High 0.8×
Ten-year median 0.5×
Current reading's percentile 82

Debt to equity against peers

Company Debt to equity
SSMR Sunshine Silver Mining & Refining Company compare 0.0×
USAR USA Rare Earth Inc. compare 0.0×
RIO Rio Tinto PLC compare 0.3×
MP MP Materials Corp. compare 0.4×
MTRN Materion Corporation compare 0.4×
VALE VALE S.A. 0.5×
BHP BHP Group Limited Sponsored ADR compare 0.5×
ALM Almonty Industries Inc. compare 1.5×
SKE Skeena Resources Limited compare 6.2×
Other Industrial Metals & Mining industry median 0.0×
Basic Materials sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on VALE