Vale VALE
NYSE VALE
$14.62 +0.39 (+2.74%)
As of: Aug 21, 2026 · 10:22 AM EDT

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
DateValue
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