stockrowVALE 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
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VALE S.A. (VALE) Gross margin
VALE S.A.'s gross margin over the twelve months to 30 September 2026 was 31.9%, down 3.1 percentage points from fiscal 2025 (35.0%). Over the past ten years it has ranged from 19.8% (fiscal 2015) to 60.1% (fiscal 2021); the current reading is higher than 18% of that period. That is above the Other Industrial Metals & Mining industry median of 14.5% and above the Basic Materials sector median of 25.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 35.0% | (1.20) |
| FY2024 | 36.2% | (6.11) |
| FY2023 | 42.4% | (2.84) |
| FY2022 | 45.2% | (14.94) |
| FY2021 | 60.1% | 4.55 |
| FY2020 | 55.6% | 11.97 |
| FY2019 | 43.6% | 4.06 |
| FY2018 | 39.6% | 1.49 |
| FY2017 | 38.1% | 2.27 |
| FY2016 | 35.8% | 15.98 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 25.1% | (5.43) |
| Jun 2026 | 30.5% | (2.80) |
| Mar 2026 | 33.3% | (5.39) |
| Dec 2025 | 38.7% | 2.36 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| MP MP Materials Corp. compare | 57.7% |
| ALM Almonty Industries Inc. compare | 51.2% |
| BHP BHP Group Limited Sponsored ADR compare | 47.4% |
| RIO Rio Tinto PLC compare | 36.2% |
| VALE VALE S.A. | 31.9% |
| MTRN Materion Corporation compare | 15.9% |
| SKE Skeena Resources Limited compare | 0.00% |
| SSMR Sunshine Silver Mining & Refining Company compare | — |
| USAR USA Rare Earth Inc. compare | — |
| Other Industrial Metals & Mining industry median | 14.5% |
| Basic Materials sector median | 25.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on VALE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement