Vale S.A. (VALE)

Revenue

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Iron Ore Net Operating Revenue	25.78B	25.01B	24.81B
Iron Ore Pellets Net Operating Revenue	4.45B	4.40B	5.92B
Other Ferrous Products and Services Net Operating Revenue	672.00M	724.00M	718.00M
Ferrous Minerals Net Operating Revenue	30.90B	30.13B	31.44B
Nickel and Other Products Net Operating Revenue	5.42B	4.72B	3.76B
Copper Net Operating Revenue	5.09B	3.55B	2.85B
Vale Base Metals Net Operating Revenue	10.52B	8.27B	6.61B
Revenue (Other)	-257.51M	-	-
Revenue (Total)	41.16B	38.40B	38.06B

Adjusted EBITDA

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Iron Ore Adjusted EBITDA	10.50B	11.56B	11.60B
Iron Ore Pellets Adjusted EBITDA	1.94B	2.05B	3.17B
Other Ferrous Products and Services Adjusted EBITDA	129.00M	189.00M	321.00M
Ferrous Minerals Adjusted EBITDA	12.56B	13.80B	15.09B
Nickel and Other Products Adjusted EBITDA	929.00M	598.00M	-68.00M
Copper Adjusted EBITDA	4.06B	2.76B	1.52B
Vale Base Metals Adjusted EBITDA	4.98B	3.36B	1.45B
Operating Income (Total)	5.36B	5.90B	10.79B

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Iron Ore Fines Sales Volume (Metric Tons)	278.46M	273.03M	260.31M
Iron Ore Pellets Sales Volume (Metric Tons)	33.22M	32.80M	38.30M
ROM (Run of Mine) Sales Volume (Metric Tons)	7.93M	8.53M	8.04M
Copper Sales Volume (Metric Tons)	382.00K	367.80K	327.20K
Nickel Sales Volume (Metric Tons)	188.60K	172.80K	155.20K
Copper as Nickel Byproduct Sales Volume (Metric Tons)	82.00K	90.00K	77.00K
PGMs Sales Volume (Ounces)	198.00K	209.00K	224.00K
Gold Sales Volume (Ounces)	468.00K	468.00K	414.00K
Silver Sales Volume (Ounces)	2.08M	2.37M	1.77M
Cobalt Sales Volume (Metric Tons)	3.15K	3.04K	1.95K
Iron Ore Fines Avg Realized Price (Per Metric Ton)	-	91.60	95.30
Iron Ore Pellets Avg Realized Price (Per Metric Ton)	-	134.00	154.60
Nickel Avg Realized Price (Per Metric Ton)	-	15.56K	17.08K
Copper Avg Realized Price (Per Metric Ton)	-	9.76K	8.81K
Copper as Nickel Byproduct Avg Realized Price (Per Metric Ton)	-	9.31K	8.41K
Gold as Nickel Byproduct Avg Realized Price (Per Metric Ton)	-	3.61K	2.41K
Silver as Nickel Byproduct Avg Realized Price (Per Metric Ton)	-	42.30	29.20
Cobalt as Nickel Byproduct Avg Realized Price (Per Metric Ton)	-	38.57K	27.14K

Data Source: Fiscal.ai Last updated: Oct 29, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error