Vale S.A. (VALE) Net Margin (2009 - 2026)
Vale (VALE) reported Net Margin of 13.10% for Q2 2026, down 10.95 percentage points from 24.05% a year earlier but up 9.21 percentage points from the prior quarter.
Vale S.A. (VALE) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vale's Net Margin came in at 2.54%, down 11.41 percentage points year-over-year; for FY2025, it came in at 6.67%, down 9.53 percentage points from FY2024.
- Net Margin has declined for three consecutive years, with a five-year change of -5.69 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 16.20% in FY2024 (-2.90 pp), 19.11% in FY2023 (-23.75 pp), 42.86% in FY2022 (+1.67 pp) and 41.18% in FY2021 (+28.82 pp).
- Five-year quarterly Net Margin spans a low of -35.27% in Q4 2025 and a high of 55.13% in Q2 2022.
- Year over year, Net Margin has now declined in each of the last three quarters, with an average year-over-year change of -9.78 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 35.77 percentage points); the low point was Q2 2023 (a drop of 45.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.89% (Q1 2026), -35.27% (Q4 2025) and 25.77% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.10% |
| Mar 31, 2026 | 20.45% |
| Dec 31, 2025 | -34.76% |
| Sep 30, 2025 | 25.77% |
| Jun 30, 2025 | 24.05% |
| Mar 31, 2025 | 17.17% |
| Dec 31, 2024 | -6.85% |
| Sep 30, 2024 | 25.25% |
| Jun 30, 2024 | 27.91% |
| Mar 31, 2024 | 19.85% |
| Dec 31, 2023 | 18.52% |
| Sep 30, 2023 | 19.37% |
| Jun 30, 2023 | 9.22% |
| Mar 31, 2023 | 21.78% |
| Dec 31, 2022 | 31.19% |
| Sep 30, 2022 | 44.87% |
| Jun 30, 2022 | 55.13% |
| Mar 31, 2022 | 41.23% |
| Dec 31, 2021 | 41.41% |
| Sep 30, 2021 | 44.42% |
Vale S.A. Net 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=net-margin&ticker=VALE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=VALE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();