Vale (VALE) Gross Margin (2009 - 2025)

Vale (VALE) posted Gross Margin of 36.35% for Q3 2025, up 17.71% sequentially from 30.88% in Q2 2025, and up 210.0% YoY from 11.73% in Q3 2024.

Vale (VALE) Gross Margin (2009 - 2025) Analysis & Trends

Vale has reported Gross Margin for 17 years, with the latest figure at 36.35% in Q3 2025.

Quarterly Gross Margin rose 210.0% year-over-year to 36.35% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 34.79% (down 446.0% YoY) and the FY2024 annual result came in at 36.24%, down 611.0% from the prior year.
Gross Margin advanced to 36.35% in Q3 2025 per VALE's latest filing, from 30.88% in the prior quarter.
Over five years, Gross Margin peaked at 66.91% in Q2 2021 and troughed at 30.88% in Q2 2025.
A 5-year average of 43.79% and a median of 40.06% in 2022 frame the typical range for Gross Margin.
The sharpest annual moves came in 2021 and 2022: Gross Margin surged 2715 bps in 2021, then slumped 2024 bps in 2022.
Over 5 years, Gross Margin stood at 50.45% in 2021, then slipped by 21 bps to 40.06% in 2022, then increased by 18 bps to 47.16% in 2023, then dropped by 19 bps to 38.11% in 2024, then fell by 5 bps to 36.35% in 2025.
According to Business Quant data, Gross Margin over the past three periods registered 36.35%, 30.88%, and 32.86% for Q3 2025, Q2 2025, and Q1 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Bhp	246.38 Bn	216.93 Bn	-	-
2	Rio Tinto	201.39 Bn	191.89 Bn	-	-
3	Teck Resources	33.91 Bn	28.71 Bn	1.21 Bn	46.32%
4	MP Materials	10.71 Bn	8.24 Bn	36.20 Mn	33.37%
5	Almonty Industries	5.27 Bn	4.38 Bn	18.87 Mn	60.72%
6	Materion	4.79 Bn	4.77 Bn	104.34 Mn	17.00%
7	USA Rare Earth	4.43 Bn	4.43 Bn	-1.58 Mn	-27.19%
8	Skeena Resources	4.31 Bn	3.89 Bn	-	-
9	Evolution Metals & Technologies	2.46 Bn	2.46 Bn	-115,000.00	-7.03%
10	Vale	62.13 Mn	-17.59 Bn	-	-

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