Vale (VALE) Change in Taxes (2009 - 2025)

Vale has disclosed Change in Taxes across 16 years of filings, most recently posting $83.0 million for Q3 2025.

• Change in Taxes for Q3 2025 came in at $83.0 million, up 124.7% year-over-year; the trailing twelve-month figure through Sep 2025 was -$1.2 billion (up 14.25% YoY), and the FY2024 annual result was -$721.0 million, up 76.33% from the prior year.
• Change in Taxes came in at $83.0 million for Q3 2025 at Vale, up from $32.0 million in the prior quarter.
• In the past five years, Change in Taxes ranged from a high of $832.8 million in Q4 2022 to a low of -$2.1 billion in Q1 2022.
• The 4-year median for Change in Taxes is -$448.0 million (2024), against an average of -$533.9 million.
• Across the five-year window, Change in Taxes sank 184.39% in 2023 and soared 124.7% in 2025, its largest moves.
• Vale's Change in Taxes stood at $832.8 million in 2022, then tumbled by 184.39% to -$702.7 million in 2023, then decreased by 1.57% to -$713.8 million in 2024, then soared by 111.63% to $83.0 million in 2025.
• The last three Change in Taxes figures came in at $83.0 million (Q3 2025), $32.0 million (Q2 2025), and -$647.0 million (Q1 2025), per Business Quant data.