Vale S.A. (VALE) stock
VALENYSEMetal MiningFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Score 3/30
$11.28−0.30 (-2.59%)
Close on Nov 12, 2026Market cap $48.15BP/E –Yield –
Vale gross margin
Gross margin is gross profit as a percentage of revenue.
For fiscal 2025 it was 35.0%, against 36.2% the year before. The highest annual figure on record is 60.1% in fiscal 2021.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 35.0% | −1.2 |
| FY2024 | Dec 31, 2024 | 36.2% | −6.1 |
| FY2023 | Dec 31, 2023 | 42.3% | −2.8 |
| FY2022 | Dec 31, 2022 | 45.2% | −14.9 |
| FY2021 | Dec 31, 2021 | 60.1% | +4.5 |
| FY2020 | Dec 31, 2020 | 55.6% | +8.4 |
| FY2019 | Dec 31, 2019 | 47.2% | +7.6 |
| FY2018 | Dec 31, 2018 | 39.6% | +1.5 |
| FY2017 | Dec 31, 2017 | 38.1% | +2.3 |
| FY2016 | Dec 31, 2016 | 35.8% | +16.0 |
| FY2015 | Dec 31, 2015 | 19.8% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 30.5% | −16.2 |
| Q2 FY2025 | Jun 30, 2025 | 30.9% | −34.3 |
| Q2 FY2024 | Jun 30, 2024 | 36.0% | −8.0 |
| Q2 FY2023 | Jun 30, 2023 | 38.6% | −5.1 |
| Q2 FY2022 | Jun 30, 2022 | 46.7% | – |
| Q2 FY2021 | Jun 30, 2021 | 65.2% | – |
| Q2 FY2020 | Jun 30, 2020 | 44.0% | – |
| Q2 FY2019 | Jun 30, 2019 | 43.7% | – |
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