Companies / VALE Vale S.A. (VALE)
Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals. It extracts, produces, and distributes iron ore, iron ore pellets, briquettes, nickel, copper, other ferrous products, and by-products, including gold, silver, cobalt, platinum-group metals, and other base metals, as well as low-carbon critical minerals. The company also operates logistics systems and distribution centers, such as mining complexes, railways, and maritime terminals, ports, and ships; generates energy from hydroelectric, solar, and wind sources; and engages in greenfield mineral exploration. In addition, it is involved in research; and trading activities. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio De Janeiro, Brazil.
Ticker VALE Exchange NYSE Sector Basic Materials Industry Other Industrial Metals & Mining Market cap $52.61B 52-week range $10.96 - $17.94 Valuation Share price $11.59 (close of Nov 6, 2026) P/E (TTM) 21.04x Price to book 1.53x Enterprise value $67.04B Book value per share $7.57 Price performance Period Change 1 day +1.22% 5 days +1.76% 1 month -17.68% 3 months -21.26% 6 months -29.71% Year to date -11.05% 1 year -5.23% 3 years -20.67% 5 years -0.17% 10 years +73.76% All time +415.11%
Short interest As of Oct 15, 2026 Short % of float 1.34% Shares short 56.96M Days to cover 1.41 Change since prior report +2.85% Source FINRA consolidated short interest Profitability and growth Return on equity 6.85% Return on invested capital 5.75% Return on assets 2.72% Return on capital employed 8.35% Gross margin 35.04% Net margin 6.12% EBITDA margin 22.95% Revenue growth 0.91% Net income growth -61.86% Cash flow and balance sheet Current ratio 1.15x Net debt to EBITDA 1.47x Latest reported year Period end Dec 31, 2025 Fiscal year 2025 Revenue $38.40B Cost of revenue $24.95B Gross profit $13.46B EBITDA $8.81B Net income $2.35B Earnings per share $0.55 Research and development $693.00M Interest expense $1.65B Shares outstanding 4.27B Income statement by year Period end Revenue Gross profit Net income EPS 2025-12-31 $38.40B $13.46B $2.35B $0.55 2024-12-31 $38.06B $13.79B $6.17B $1.44 2023-12-31 $41.78B $17.70B $7.98B $1.83 2022-12-31 $43.84B $19.81B $18.79B $4.05 2021-12-31 $54.50B $32.77B $22.45B $4.48 2020-12-31 $39.55B $21.98B $4.88B $0.95 2019-12-31 $36.55B $17.24B -$1.68B -$0.33 2018-12-31 $36.58B $14.47B $6.86B $1.32 2017-12-31 $33.97B $12.93B $5.51B $1.06 2016-12-31 $27.49B $9.84B $3.98B $0.77
Margins and returns by year Period end Gross margin Net margin Return on equity Return on capital 2025-12-31 35.04% 6.12% 6.85% 5.75% 2024-12-31 36.24% 16.20% 17.86% 19.27% 2023-12-31 42.35% 19.11% 19.48% 19.31% 2022-12-31 45.19% 42.86% 50.29% 26.97% 2021-12-31 60.13% 41.18% 63.57% 49.50% 2020-12-31 55.58% 12.34% 14.02% 25.56% 2019-12-31 47.16% -4.60% -4.32% 7.40% 2018-12-31 39.55% 18.76% 15.30% 20.16% 2017-12-31 38.06% 16.21% 12.30% 14.39% 2016-12-31 35.79% 14.49% 9.71% 6.22%
Cash and debt by year Period end Cash Debt 2025-12-31 $7.37B - 2024-12-31 $4.95B - 2023-12-31 $3.61B - 2022-12-31 $4.74B - 2021-12-31 $11.72B $11.15B 2020-12-31 $13.49B $12.47B 2019-12-31 $7.35B $11.84B 2018-12-31 $5.78B $14.46B 2017-12-31 $5.78B $20.79B 2016-12-31 $4.33B $27.66B
Free cash flow by year Period end Free cash flow 2021-12-31 $21.64B 2020-12-31 $10.62B 2019-12-31 $9.19B 2018-12-31 $10.01B 2017-12-31 $8.62B 2016-12-31 $1.45B 2015-12-31 -$4.18B 2012-12-31 $818.00M 2011-12-31 $8.42B 2010-12-31 $6.54B
Dividend history Most recent payment Aug 13, 2026 Payment date Dividend per share 2026-08-13 $0.40 2025-12-12 $0.67 2025-08-13 $0.35 2025-03-10 $0.37 2024-12-12 $0.09 2024-08-05 $0.37 2024-03-12 $0.54 2023-11-22 $0.47
Investor relations Past earnings dates Reported Fiscal period EPS estimate 2026-10-29 Sep 2026 $0.33 2026-07-30 Jun 2026 $0.41 2026-04-28 Mar 2026 $0.47 2025-10-30 Sep 2025 $0.49 2025-07-31 Jun 2025 $0.34 2025-04-24 Mar 2025 $0.37 2025-02-19 Dec 2024 $0.53 2024-10-24 Sep 2024 $0.41
Filings and sources Company website vale.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports Similar companies BHP Group Ltd (BHP) · Rio Tinto plc (RIO) · CF Industries Holdings, Inc. (CF) · Corteva, Inc. (CTVA) · Mosaic Co (MOS) · Dow Inc. (DOW) · Linde plc (LIN) · Sherwin-Williams Co (SHW)
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