Vale S.A. (BVMF:VALE3)
Brazil · Delayed Price · Currency is BRL 83.92
0.00 (0.00%)
At close: Feb 18, 2026
Vale S.A. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 211,524 | 206,005 | 208,066 | 226,508 | 293,524 | |
Revenue Growth (YoY) | 2.68% | -0.99% | -8.14% | -22.83% | 42.42% |
Cost of Revenue | 137,408 | 131,318 | 120,016 | 124,195 | 117,267 |
Gross Profit | 74,116 | 74,687 | 88,050 | 102,313 | 176,257 |
Selling, General & Admin | 3,531 | 3,397 | 2,758 | 2,658 | 2,601 |
Research & Development | 3,817 | 4,307 | 3,598 | 3,411 | 2,964 |
Other Operating Expenses | 7,480 | 6,655 | 6,433 | 8,131 | 15,922 |
Operating Expenses | 16,304 | 16,548 | 15,038 | 16,666 | 24,954 |
Operating Income | 57,812 | 58,139 | 73,012 | 85,647 | 151,303 |
Interest Expense | -9,116 | -6,952 | -6,549 | -4,296 | -7,875 |
Interest & Investment Income | 2,760 | 1,776 | 1,547 | 2,272 | 1,222 |
Earnings From Equity Investments | -1,201 | -1,570 | -5,434 | 1,616 | -6,947 |
Currency Exchange Gain (Loss) | 4,423 | -7,702 | -8,185 | 3,058 | 25,085 |
Other Non Operating Income (Expenses) | -3,718 | -8,082 | 3,575 | 10,912 | -815 |
EBT Excluding Unusual Items | 50,960 | 35,609 | 57,966 | 99,209 | 161,973 |
Merger & Restructuring Charges | - | - | - | - | -49 |
Gain (Loss) on Sale of Investments | - | 12,486 | - | - | - |
Gain (Loss) on Sale of Assets | - | -3,933 | -1,317 | - | -1,071 |
Asset Writedown | -25,331 | -11,858 | - | 3,833 | -583 |
Legal Settlements | - | -1,681 | -1,138 | -793 | -531 |
Other Unusual Items | - | 3,540 | -106 | -568 | -592 |
Pretax Income | 25,629 | 34,224 | 55,554 | 101,704 | 159,147 |
Income Tax Expense | 14,706 | 3,793 | 15,000 | 15,185 | 25,320 |
Earnings From Continuing Operations | 10,922 | 30,431 | 40,554 | 86,519 | 133,827 |
Earnings From Discontinued Operations | - | - | - | 9,818 | -12,484 |
Net Income to Company | 10,922 | 30,431 | 40,554 | 96,337 | 121,343 |
Minority Interest in Earnings | 2,032 | 1,161 | -614 | -413 | -115 |
Net Income | 12,955 | 31,592 | 39,940 | 95,924 | 121,228 |
Net Income to Common | 12,955 | 31,592 | 39,940 | 95,924 | 121,228 |
Net Income Growth | -58.99% | -20.90% | -58.36% | -20.87% | 353.82% |
Shares Outstanding (Basic) | 4,276 | 4,275 | 4,366 | 4,638 | 5,012 |
Shares Outstanding (Diluted) | 4,276 | 4,280 | 4,370 | 4,642 | 5,017 |
Shares Change (YoY) | -0.08% | -2.06% | -5.87% | -7.46% | -2.20% |
EPS (Basic) | 3.03 | 7.39 | 9.15 | 20.68 | 24.19 |
EPS (Diluted) | 3.03 | 7.38 | 9.15 | 20.68 | 24.18 |
EPS Growth | -58.95% | -19.32% | -55.77% | -14.46% | 364.32% |
Free Cash Flow | 15,395 | 15,101 | 36,459 | 30,017 | 109,465 |
Free Cash Flow Per Share | 3.60 | 3.53 | 8.34 | 6.47 | 21.82 |
Dividend Per Share | - | 4.756 | 6.989 | 5.691 | 14.094 |
Dividend Growth | - | -31.95% | 22.81% | -59.62% | 111.33% |
Gross Margin | 35.04% | 36.25% | 42.32% | 45.17% | 60.05% |
Operating Margin | 27.33% | 28.22% | 35.09% | 37.81% | 51.55% |
Profit Margin | 6.13% | 15.34% | 19.20% | 42.35% | 41.30% |
Free Cash Flow Margin | 7.28% | 7.33% | 17.52% | 13.25% | 37.29% |
EBITDA | 74,914 | 73,358 | 87,157 | 102,033 | 167,682 |
EBITDA Margin | 35.42% | 35.61% | 41.89% | 45.05% | 57.13% |
D&A For EBITDA | 17,102 | 15,219 | 14,145 | 16,386 | 16,379 |
EBIT | 57,812 | 58,139 | 73,012 | 85,647 | 151,303 |
EBIT Margin | 27.33% | 28.22% | 35.09% | 37.81% | 51.55% |
Effective Tax Rate | 57.38% | 11.08% | 27.00% | 14.93% | 15.91% |
Advertising Expenses | - | 116 | 128 | 114 | 145 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.