Vale S.A. (VALE) Gross Margin (2009 - 2026)
Vale (VALE) reported Gross Margin of 30.52% for Q2 2026, down 0.36 percentage points from 30.88% a year earlier but up 24.18 percentage points from the prior quarter.
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Vale S.A. (VALE) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vale's Gross Margin came in at 17.80%, down 16.41 percentage points year-over-year; for FY2025, it came in at 35.04%, down 1.20 percentage points from FY2024.
- Gross Margin has declined for four consecutive years, with a five-year change of -20.55 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 36.24% in FY2024 (-6.11 pp), 42.35% in FY2023 (-2.84 pp), 45.19% in FY2022 (-14.94 pp) and 60.13% in FY2021 (+4.55 pp).
- Five-year quarterly Gross Margin spans a low of 6.34% in Q1 2026 and a high of 57.25% in Q1 2022.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -5.99 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2023 (a gain of 7.10 percentage points); the low point was Q4 2021 (a drop of 93.28 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.34% (Q1 2026), 38.71% (Q4 2025) and 36.35% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.52% |
| Mar 31, 2026 | 33.32% |
| Dec 31, 2025 | 38.71% |
| Sep 30, 2025 | 36.35% |
| Jun 30, 2025 | 30.88% |
| Mar 31, 2025 | 32.86% |
| Dec 31, 2024 | 38.09% |
| Sep 30, 2024 | 34.25% |
| Jun 30, 2024 | 36.00% |
| Mar 31, 2024 | 36.55% |
| Dec 31, 2023 | 47.21% |
| Sep 30, 2023 | 40.14% |
| Jun 30, 2023 | 38.59% |
| Mar 31, 2023 | 41.32% |
| Dec 31, 2022 | 40.08% |
| Sep 30, 2022 | 36.54% |
| Jun 30, 2022 | 46.67% |
| Mar 31, 2022 | 57.25% |
| Dec 31, 2021 | 50.45% |
| Sep 30, 2021 | 55.62% |
API Access
Vale S.A. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VALE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VALE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VALE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();