Vale S.A. (VALE) Operating Margin (2009 - 2026)
Vale's (VALE) quarterly Operating Margin came in at 20.53% in Q2 2026, down 223.0% year-over-year from 16.69% in Q2 2025, and up 320.75% quarter-over-quarter from 4.88% in Q1 2026.
Powered by 
Analysis
Vale S.A. (VALE) Operating Margin (2009 - 2026) Analysis & Trends
Vale has disclosed Operating Margin across 18 years of filings, most recently posting 20.53% for Q2 2026.
- In Q2 2026, Operating Margin fell 223.0% year-over-year to 20.53%; the TTM figure through Jun 2026 stood at 9.15% (down 1449.0% YoY), while the FY2025 annual figure was 15.36%, down 1299.0% from the prior year.
- Operating Margin came in at 20.53% for Q2 2026 at Vale, up from 4.88% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 61.04% in Q1 2022 to a low of 0.53% in Q4 2025.
- Average Operating Margin over 5 years is 28.21%, with a median of 29.09% recorded in 2022.
- Year-over-year, Operating Margin surged 1035 bps in 2023 and sank 2790 bps in 2024.
- Over 5 years, Operating Margin stood at 29.24% in 2022, then soared by 35 bps to 39.59% in 2023, then sank by 70 bps to 11.69% in 2024, then sank by 95 bps to 0.53% in 2025, then soared by 3789 bps to 20.53% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 20.53% in Q2 2026, 4.88% in Q1 2026, and 0.53% in Q4 2025.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.53% |
| Mar 31, 2026 | 4.88% |
| Dec 31, 2025 | 0.53% |
| Sep 30, 2025 | 26.79% |
| Jun 30, 2025 | 22.76% |
| Mar 31, 2025 | 22.16% |
| Dec 31, 2024 | 11.69% |
| Sep 30, 2024 | 38.48% |
| Jun 30, 2024 | 39.06% |
| Mar 31, 2024 | 28.94% |
| Dec 31, 2023 | 39.59% |
| Sep 30, 2023 | 31.42% |
| Jun 30, 2023 | 29.69% |
| Mar 31, 2023 | 34.16% |
| Dec 31, 2022 | 29.24% |
| Sep 30, 2022 | 28.43% |
| Jun 30, 2022 | 38.46% |
| Mar 31, 2022 | 61.04% |
| Dec 31, 2021 | 27.14% |
| Sep 30, 2021 | 50.19% |
API Access
Vale S.A. Operating 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=operating-margin&ticker=VALE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=VALE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();