Vale SA

US · VALE #352 by market cap Listed 1970

13.61 -0.47 -3.34%

Live - 5344 symbols - heartbeat 143s ago · 2026-10-08 08:30

Pre-market 13.53 -0.59%

After-hours 13.65 +0.29%

Overnight 13.55 -0.44%

Market cap: 57.92B
P/E (TTM): 27.22
P/B: 1.52
EPS: 0.55
Div yield: 5.84%
52W pos: 49%

Reader sentiment Are you bullish or bearish on VALE?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Weak

Altman Z-Score is 1.58, below the 1.8 "distress zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +0.91% YoY

Margins

Gross margin: 35.04%
Operating margin: 29.54%
Net margin: 6.12%

Key ratios & quality

Enterprise value: 71.65B
Altman Z-Score: 1.58

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	36.58B	36.55B	39.55B	54.50B	43.84B	41.78B	38.06B	38.40B
Gross profit	14.47B	17.24B	21.98B	32.77B	19.81B	17.70B	13.79B	13.46B
Selling & admin expenses	461.00M	418.00M	442.00M	439.00M	474.00M	506.00M	566.00M	569.00M
Research & development	373.00M	413.00M	415.00M	549.00M	660.00M	723.00M	790.00M	693.00M
Operating profit	13.07B	15.02B	19.59B	30.84B	17.80B	15.86B	11.10B	11.34B
Pretax profit	6.82B	-156.00M	6.99B	29.54B	19.78B	11.15B	6.70B	4.65B
Tax	-172.00M	-595.00M	735.00M	4.70B	2.97B	3.05B	721.00M	2.67B
Net profit	6.90B	-2.18B	4.53B	22.47B	18.87B	8.11B	5.98B	1.98B
Basic EPS	1	0	1	4	4	2	1	1
Diluted EPS	1.32	-0.33	0.95	4.47	4.05	1.83	1.44	0.55

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	8.12B	8.80B	10.42B	11.06B	9.26B	10.50B
Gross profit	2.67B	2.72B	3.79B	4.28B	3.09B	3.20B
Selling & admin expenses	121.00M	124.00M	142.00M	182.00M	142.00M	159.00M
Research & development	123.00M	159.00M	151.00M	260.00M	131.00M	185.00M
Operating profit	2.22B	2.26B	3.37B	3.50B	2.61B	2.37B
Pretax profit	2.04B	2.10B	2.61B	-2.11B	2.45B	1.78B
Tax	647.00M	-32.00M	-83.00M	2.14B	505.00M	368.00M
Net profit	1.40B	2.14B	2.70B	-4.24B	1.94B	1.41B
Basic EPS	0	1	1	-1	0	0
Diluted EPS	0.33	0.50	0.63	-0.90	0.44	0.32

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	15.29B	17.04B	24.40B	22.36B	15.53B	18.70B	13.48B	18.29B
Cash & ST investments	5.82B	8.18B	14.26B	11.91B	4.80B	3.66B	5.01B	7.57B
Inventory	4.44B	4.27B	4.06B	4.38B	4.48B	4.68B	4.61B	5.94B
Total assets	88.19B	91.71B	92.01B	89.44B	86.89B	94.19B	80.15B	86.53B
Total current liabilities	9.11B	13.85B	14.59B	15.20B	13.89B	14.66B	13.09B	15.87B
Short-term debt	2.14B	2.42B	1.63B	1.20B	489.00M	1.02B	1.17B	682.00M
Long-term debt	16.83B	16.95B	18.20B	14.57B	13.60B	14.52B	15.99B	20.61B
Total liabilities	43,358,000,000.00	52,720,000,000.00	57,186,000,000.00	54,136,000,000.00	49,536,000,000.00	53,205,000,000.00	45,624,000,000.00	52,175,000,000.00
Total equity	44.83B	38.99B	34.82B	35.31B	37.36B	40.98B	34.53B	34.35B
Retained earnings	0	0	0	0	0	0	0	0

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	14.69B	17.59B	16.49B	18.29B	16.75B	17.66B
Cash & ST investments	4.00B	5.70B	6.09B	7.57B	5.28B	5.77B
Inventory	4.92B	5.24B	5.57B	5.94B	6.14B	6.26B
Total assets	83.43B	90.38B	91.19B	86.53B	87.59B	89.28B
Total current liabilities	13.23B	14.47B	13.32B	15.87B	13.51B	14.82B
Short-term debt	784.00M	860.00M	645.00M	682.00M	762.00M	1.28B
Long-term debt	17.16B	18.92B	20.04B	20.61B	20.95B	20.27B
Total liabilities	47,068,000,000.00	49,874,000,000.00	48,909,000,000.00	52,175,000,000.00	50,039,000,000.00	50,333,000,000.00
Total equity	36.36B	40.51B	42.28B	34.35B	37.55B	38.95B
Retained earnings	1.39B	3.51B	4.75B	0	1.89B	3.27B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	12.90B	12.11B	14.32B	25.68B	11.49B	13.17B	9.37B	8.80B
Depreciation & amortization	3.35B	3.49B	3.22B	3.03B	3.17B	3.07B	3.06B	3.11B
Free cash flow	9.12B	8.65B	10.10B	20.65B	6.04B	7.25B	2.92B	2.80B
Dividends paid	-3.31B	0	-3.35B	-13.48B	-6.60B	-5.51B	-3.91B	-3.56B
Stock buybacks / issuance	-1.00B	0	0	-5.55B	-6.04B	-2.71B	-409.00M	0
Ending cash balance	5.78B	7.35B	13.49B	11.72B	4.74B	3.61B	4.95B	7.37B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	1.67B	1.86B	2.58B	2.70B	1.88B	2.41B
Depreciation & amortization	704.00M	780.00M	761.00M	860.00M	845.00M	911.00M
Free cash flow	414.00M	688.00M	1.18B	510.00M	694.00M	1.17B
Dividends paid	-1.98B	0	-1.49B	-97.00M	-2.75B	0
Stock buybacks / issuance	0	0	0	0	-74.00M	-140.00M
Ending cash balance	3.96B	5.51B	5.90B	7.37B	5.09B	5.58B

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	15.69	-4.00	12.88	63.93	53.42	21.20	16.92	7.03
ROA %	7.32	-1.87	5.31	24.74	21.31	8.82	7.07	2.82
ROIC %	12.19	0.53	11.61	44.01	36.88	16.65	13.52	6.87
5-year avg ROE %	1.82	0.66	14.64	21.41	28.38	29.48	33.67	32.50
EBIT margin %	23.40	-0.59	18.51	56.85	47.16	29.89	21.06	17.43
FCF / sales %	24.93	22.37	24.72	37.88	13.78	17.34	7.67	7.28
Current ratio	1.68	1.23	1.67	1.47	1.12	1.28	1.03	1.15
Quick ratio	1.07	0.86	1.37	1.10	0.75	0.60	0.65	0.72
Debt / assets	21.51	21.12	21.55	19.23	17.77	17.83	22.11	25.20
LT debt / equity	38.26	42.30	50.91	46.41	41.68	39.98	49.56	63.02
Interest coverage	4.91	-0.09	3.04	21.44	23.13	9.33	6.08	3.28
Revenue CAGR (3Y) %	16.08	9.96	5.20	14.22	6.25	1.85	-11.28	-4.32
Net income CAGR (3Y) %	--	--	-3.94	48.46	--	17.82	-34.99	-49.98
FCF CAGR (3Y) %	--	81.34	5.41	31.32	-11.27	-10.47	-47.90	-22.65

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	16.18	13.72	13.87	7.03	7.94	5.46
ROA %	6.72	5.91	6.11	2.82	3.33	2.35
ROIC %	13.04	11.53	12.10	6.87	7.79	5.78
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	21.09	20.53	19.83	17.43	18.73	16.60
FCF / sales %	3.05	5.35	7.66	7.28	7.78	8.62
Current ratio	1.11	1.22	1.24	1.15	1.24	1.19
Quick ratio	0.55	0.65	0.74	0.72	0.67	0.68
Debt / assets	22.23	22.46	23.26	25.20	25.34	24.65
LT debt / equity	50.45	49.51	50.12	63.02	58.48	54.54
Interest coverage	5.90	4.88	4.72	3.28	3.15	3.24
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Iron Ore Solutions is the largest reported line at 75.14% of revenue, across 2 reported segments.
The next-largest line, Vale Base Metals, is a distant second at 24.86% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Iron Ore Solutions75.14%

Vale Base Metals24.86%

Quote time 2026-10-08 08:30:07 · For reference only, not investment advice and not tailored to your situation.