Vale (VALE) Operating Income (2009 - 2025)
Vale's (VALE) quarterly Operating Income came in at $2.8 billion in Q3 2025, down 24.05% year-on-year from $3.7 billion in Q3 2024, and up 39.27% quarter-over-quarter from $2.0 billion in Q2 2025.
Vale (VALE) Operating Income (2009 - 2025) Analysis & Trends
Vale has disclosed Operating Income across 17 years of filings, most recently posting $2.8 billion for Q3 2025.
- Operating Income for Q3 2025 came in at $2.8 billion, down 24.05% year-over-year; the trailing twelve-month figure through Sep 2025 was $7.8 billion (down 48.61% YoY), and the FY2024 annual result was $10.8 billion, down 24.05% from the prior year.
- Operating Income came in at $2.8 billion for Q3 2025 at Vale, up from $2.0 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $10.3 billion in Q2 2021 to a low of $1.2 billion in Q4 2024.
- The 5-year median for Operating Income is $3.5 billion (2022), against an average of $4.0 billion.
- Across the five-year window, Operating Income soared 393.57% in 2021 and slumped 76.84% in 2024, its largest moves.
- Vale's Operating Income stood at $3.6 billion in 2021, then dropped by 1.98% to $3.5 billion in 2022, then jumped by 47.94% to $5.2 billion in 2023, then plunged by 76.84% to $1.2 billion in 2024, then surged by 133.65% to $2.8 billion in 2025.
- The last three Operating Income figures came in at $2.8 billion (Q3 2025), $2.0 billion (Q2 2025), and $1.8 billion (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (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 | -24.12 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 28.18 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 37.35 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -40.34 Mn |
| 10 | Vale | 8.38 | -7.83 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 2.79 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Mar 31, 2025 | 1.80 Bn |
| Dec 31, 2024 | 1.19 Bn |
| Sep 30, 2024 | 3.68 Bn |
| Jun 30, 2024 | 3.88 Bn |
| Mar 31, 2024 | 2.45 Bn |
| Dec 31, 2023 | 5.16 Bn |
| Sep 30, 2023 | 3.28 Bn |
| Jun 30, 2023 | 2.87 Bn |
| Mar 31, 2023 | 2.88 Bn |
| Dec 31, 2022 | 3.49 Bn |
| Sep 30, 2022 | 2.82 Bn |
| Jun 30, 2022 | 4.29 Bn |
| Mar 31, 2022 | 6.60 Bn |
| Dec 31, 2021 | 3.56 Bn |
| Sep 30, 2021 | 6.19 Bn |
| Jun 30, 2021 | 10.29 Bn |
| Mar 31, 2021 | 7.66 Bn |
| Dec 31, 2020 | 3.88 Bn |