Vale (VALE) Capital Expenditures (2009 - 2025)
Vale's (VALE) quarterly Capital Expenditures came in at -$29.6 billion in Q4 2025, down 1236.33% year-on-year from $2.6 billion in Q4 2024, and down 2052.7% quarter-over-quarter from -$1.4 billion in Q3 2025.
Vale (VALE) Capital Expenditures (2009 - 2025) Analysis & Trends
Vale has disclosed Capital Expenditures across 17 years of filings, most recently posting -$29.6 billion for Q4 2025.
- Capital Expenditures for Q4 2025 came in at -$29.6 billion, down 1236.33% year-over-year; the trailing twelve-month figure through Dec 2025 was -$33.4 billion (down 426.84% YoY), and the FY2025 annual result was -$33.4 billion, down 517915209.45% from the prior year.
- Capital Expenditures came in at -$29.6 billion for Q4 2025 at Vale, down from -$1.4 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of -$980.0 million in Q1 2021 to a low of -$29.6 billion in Q4 2025.
- The 5-year median for Capital Expenditures is -$1.3 billion (2022), against an average of -$2.8 billion.
- Across the five-year window, Capital Expenditures grew 12.81% in 2021 and plunged 1236.33% in 2025, its largest moves.
- Vale's Capital Expenditures stood at -$1.8 billion in 2021, then decreased by 2.06% to -$1.8 billion in 2022, then dropped by 18.52% to -$2.1 billion in 2023, then dropped by 4.49% to -$2.2 billion in 2024, then slumped by 1236.33% to -$29.6 billion in 2025.
- The last three Capital Expenditures figures came in at -$29.6 billion (Q4 2025), -$1.4 billion (Q3 2025), and -$1.2 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 77.38 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 15.29 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | -2.59 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 98.00 Mn |
| 10 | Vale | 8.38 | -7.83 Bn | - | -29.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -29.57 Bn |
| Dec 31, 2025 | -29.57 Bn |
| Sep 30, 2025 | -1.37 Bn |
| Sep 30, 2025 | -1.37 Bn |
| Jun 30, 2025 | -1.17 Bn |
| Jun 30, 2025 | -1.17 Bn |
| Mar 31, 2025 | -1.26 Bn |
| Mar 31, 2025 | -1.26 Bn |
| Dec 31, 2024 | -2.21 Bn |
| Dec 31, 2024 | -2.21 Bn |
| Sep 30, 2024 | -1.40 Bn |
| Sep 30, 2024 | -1.40 Bn |
| Jun 30, 2024 | -1.33 Bn |
| Jun 30, 2024 | -1.33 Bn |
| Mar 31, 2024 | -1.40 Bn |
| Mar 31, 2024 | -1.40 Bn |
| Dec 31, 2023 | -2.12 Bn |
| Dec 31, 2023 | -2.12 Bn |
| Sep 30, 2023 | -1.46 Bn |
| Sep 30, 2023 | -1.46 Bn |