Vale (VALE) FCF Margin (2009 - 2025)
Vale's (VALE) quarterly FCF Margin came in at 47.09% in Q3 2025, down 413.0% year-on-year from 15.04% in Q3 2024, and down 15.54% quarter-over-quarter from 55.75% in Q4 2024.
Vale (VALE) FCF Margin (2009 - 2025) Analysis & Trends
Vale has disclosed FCF Margin across 17 years of filings, most recently posting 47.09% for Q3 2025.
- FCF Margin for Q3 2025 came in at 47.09%, down 413.0% year-over-year; the trailing twelve-month figure through Sep 2025 was 28.23% (up 1629.0% YoY), and the FY2024 annual result was 49.34%, down 614.0% from the prior year.
- FCF Margin came in at 47.09% for Q3 2025 at Vale, down from 55.75% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 93.59% in Q3 2021 to a low of 39.22% in Q4 2022.
- The 5-year median for FCF Margin is 56.7% (2022), against an average of 60.14%.
- Across the five-year window, FCF Margin jumped 4500 bps in 2021 and slumped 3689 bps in 2022, its largest moves.
- Vale's FCF Margin stood at 45.81% in 2021, then decreased by 14 bps to 39.22% in 2022, then grew by 17 bps to 45.84% in 2023, then grew by 22 bps to 55.75% in 2024, then dropped by 16 bps to 47.09% in 2025.
- The last three FCF Margin figures came in at 47.09% (Q3 2025), 55.75% (Q4 2024), and 51.22% (Q3 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (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 | -87.46% |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | -3.56% |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 6.12% |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -242.39% |
| 10 | Vale | 8.38 | -7.83 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 47.09% |
| Dec 31, 2024 | 55.75% |
| Sep 30, 2024 | 51.22% |
| Jun 30, 2023 | 45.84% |
| Mar 31, 2023 | 64.69% |
| Dec 31, 2022 | 39.22% |
| Sep 30, 2022 | 56.70% |
| Jun 30, 2022 | 63.54% |
| Mar 31, 2022 | 62.20% |
| Dec 31, 2021 | 45.81% |
| Sep 30, 2021 | 93.59% |
| Jun 30, 2021 | 65.54% |
| Mar 31, 2021 | 90.57% |
| Dec 31, 2020 | 73.01% |
| Sep 30, 2020 | 59.86% |
| Jun 30, 2020 | 40.84% |
| Mar 31, 2020 | 45.57% |
| Dec 31, 2019 | 16.62% |
| Sep 30, 2019 | 59.43% |
| Jun 30, 2019 | 47.64% |