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

11.64 0.19 +1.66%
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

VALE S.A. (VALE) Shares outstanding

Alert me on Shares outstanding

VALE S.A.'s shares outstanding at the end of fiscal 2025 was $4.3B, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $4.3B. Over the past ten years it has ranged from $4.3B (fiscal 2025) to $5.2B (fiscal 2017) — the current reading is the lowest in ten years. VALE S.A. ranks 1st of 48 Other Industrial Metals & Mining companies by shares outstanding.

Shares outstanding, annual

Embed this chart

Annual newest first

Period Shares outstanding Change
FY2025 $4.3B (0.14%)
FY2024 $4.3B (2.18%)
FY2023 $4.4B (5.78%)
FY2022 $4.6B (7.56%)
FY2021 $5.0B (2.20%)
FY2020 $5.1B 0.03%
FY2019 $5.1B (0.97%)
FY2018 $5.2B (0.37%)
FY2017 $5.2B 0.00%
FY2016 $5.2B 0.85%

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $4.3B 0.12%
Jun 2026 $4.3B (0.20%)
Mar 2026 $4.3B 0.14%
Dec 2025 $4.3B (0.14%)
43 more quarters

Against its own ten years

Low $4.3B High $5.2B
Ten-year median $5.1B
Current reading's percentile 9

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

More on VALE