Vale S.A. (VALE) Operating Income (2009 - 2026)
Vale's Operating Income came in at $2.16 billion for Q2 2026, up 7.5% from $2 billion a year earlier but down 9.3% from the prior quarter.
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Analysis
Vale S.A. (VALE) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Vale reported Operating Income of $7.38 billion, down 14.9% year-over-year; for FY2025, it came in at $5.9 billion, down 45.3% from FY2024.
- Operating Income has declined in each of the last four years, with a five-year compound annual growth rate of -14.4% (FY2020 to FY2025).
- Going back by year, Operating Income was $10.79 billion in FY2024 (-24.1%), $14.21 billion in FY2023 (-17.5%), $17.21 billion in FY2022 (-37.9%) and $27.69 billion in FY2021 (+116.0%).
- The five-year range for quarterly Operating Income is $58.43 million (Q4 2025) to $9.03 billion (Q3 2023).
- Year-over-year, Operating Income increased in two of the last eight quarters, with an average decline of 36.3%.
- The fastest year-over-year change in Operating Income over five years came in Q3 2023 (growth of 219.8%), and the weakest in Q4 2025 (a decline of 95.1%).
- Business Quant data shows VALE's Operating Income at $2.38 billion (Q1 2026), $58.43 million (Q4 2025) and $2.79 billion (Q3 2025) in the three quarters before Q2 2026.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.16 Bn |
| Mar 31, 2026 | 2.38 Bn |
| Dec 31, 2025 | -697.00 Mn |
| Sep 30, 2025 | 2.79 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Mar 31, 2025 | 1.80 Bn |
| Dec 31, 2024 | 790.00 Mn |
| Sep 30, 2024 | 3.68 Bn |
| Jun 30, 2024 | 3.88 Bn |
| Mar 31, 2024 | 2.45 Bn |
| Dec 31, 2023 | 5.18 Bn |
| Sep 30, 2023 | 9.03 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 |
API Access
Vale S.A. Operating Income 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=operating-income&ticker=VALE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=VALE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();