Vale (VALE) Operating Income (2009 - 2025)
Vale (VALE) posted Operating Income of $4.1 billion for Q3 2025, up 104.44% sequentially from $2.0 billion in Q2 2025, and up 13.71% YoY from $3.6 billion in Q3 2024.
Vale (VALE) Operating Income (2009 - 2025) Analysis & Trends
Vale has reported Operating Income for 17 years, with the latest figure at $4.1 billion in Q3 2025.
- Quarterly Operating Income rose 13.71% year-over-year to $4.1 billion in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $13.4 billion (down 22.96% YoY) and the FY2024 annual result came in at $10.8 billion, down 24.05% from the prior year.
- Operating Income rose to $4.1 billion in Q3 2025 per VALE's latest filing, from $2.0 billion in the prior quarter.
- Over five years, Operating Income peaked at $9.7 billion in Q2 2021 and troughed at $2.0 billion in Q2 2025.
- A 5-year average of $4.8 billion and a median of $4.1 billion in 2025 frame the typical range for Operating Income.
- The widest YoY moves for Operating Income: up 366.12% in 2021, down 79.84% in 2021.
- Over 5 years, Operating Income stood at $3.1 billion in 2021, then jumped by 66.48% to $5.1 billion in 2022, then grew by 26.8% to $6.5 billion in 2023, then slumped by 33.16% to $4.4 billion in 2024, then dropped by 6.01% to $4.1 billion in 2025.
- According to Business Quant data, Operating Income over the past three periods registered $4.1 billion, $2.0 billion, and $2.9 billion for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 244.12 Bn | 214.67 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.58 Bn | 28.37 Bn | 1.21 Bn | 1.18 Bn |
| 4 | MP Materials | 10.32 Bn | 7.85 Bn | 36.20 Mn | -32.03 Mn |
| 5 | Almonty Industries | 5.22 Bn | 4.33 Bn | 18.87 Mn | 18.87 Mn |
| 6 | Materion | 4.75 Bn | 4.73 Bn | 104.34 Mn | 51.71 Mn |
| 7 | Skeena Resources | 4.27 Bn | 3.85 Bn | - | - |
| 8 | USA Rare Earth | 4.23 Bn | 4.23 Bn | -1.58 Mn | -46.31 Mn |
| 9 | Evolution Metals & Technologies | 2.71 Bn | 2.71 Bn | -115,000.00 | -12.19 Mn |
| 10 | Vale | 62.35 Mn | -17.59 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 4.10 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Mar 31, 2025 | 2.94 Bn |
| Dec 31, 2024 | 4.36 Bn |
| Sep 30, 2024 | 3.60 Bn |
| Jun 30, 2024 | 3.88 Bn |
| Mar 31, 2024 | 3.39 Bn |
| Dec 31, 2023 | 6.52 Bn |
| Sep 30, 2023 | 4.65 Bn |
| Jun 30, 2023 | 2.87 Bn |
| Mar 31, 2023 | 3.74 Bn |
| Dec 31, 2022 | 5.14 Bn |
| Sep 30, 2022 | 3.92 Bn |
| Jun 30, 2022 | 4.29 Bn |
| Mar 31, 2022 | 6.85 Bn |
| Dec 31, 2021 | 3.09 Bn |
| Sep 30, 2021 | 7.11 Bn |
| Jun 30, 2021 | 9.71 Bn |
| Mar 31, 2021 | 8.60 Bn |
| Dec 31, 2020 | 15.33 Bn |