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
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VALE S.A. (VALE) Operating margin
VALE S.A.'s operating margin over the twelve months to 30 September 2026 was 13.1%, down 2.3 percentage points from fiscal 2025 (15.4%). Over the past ten years it has ranged from −26.7% (fiscal 2015) to 50.8% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Other Industrial Metals & Mining industry median of 0.00% and above the Basic Materials sector median of 2.88%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 15.4% | (12.99) |
| FY2024 | 28.4% | (5.65) |
| FY2023 | 34.0% | (5.25) |
| FY2022 | 39.3% | (11.56) |
| FY2021 | 50.8% | 18.38 |
| FY2020 | 32.4% | 28.92 |
| FY2019 | 3.51% | (29.18) |
| FY2018 | 32.7% | 0.51 |
| FY2017 | 32.2% | 6.53 |
| FY2016 | 25.7% | 52.30 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 15.0% | (5.50) |
| Jun 2026 | 20.5% | (5.12) |
| Mar 2026 | 25.7% | 31.95 |
| Dec 2025 | −6.30% | (33.09) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| VALE VALE S.A. | 13.1% |
| MTRN Materion Corporation compare | 6.36% |
| ALM Almonty Industries Inc. compare | 5.37% |
| SKE Skeena Resources Limited compare | 0.00% |
| USAR USA Rare Earth Inc. compare | 0.00% |
| RIO Rio Tinto PLC compare | 0.00% |
| BHP BHP Group Limited Sponsored ADR compare | 0.00% |
| MP MP Materials Corp. compare | −41.5% |
| SSMR Sunshine Silver Mining & Refining Company compare | — |
| Other Industrial Metals & Mining industry median | 0.00% |
| Basic Materials sector median | 2.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on VALE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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