Vale (VALE) Return on Capital Employed (2009 - 2025)

Vale's (VALE) quarterly Return on Capital Employed came in at 6.24% in Q4 2025, down 38.47% quarter-over-quarter from 10.14% in Q3 2025.

Vale (VALE) Return on Capital Employed (2009 - 2025) Analysis & Trends

Vale has disclosed Return on Capital Employed across 17 years of filings, most recently posting 6.24% for Q4 2025.

  • Return on Capital Employed for Q4 2025 came in at 6.24%, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was 6.24% (changed N/A YoY), and the FY2025 annual result was 6.9%, down 2865.0% from the prior year.
  • Return on Capital Employed came in at 6.24% for Q4 2025 at Vale, down from 10.14% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 38.46% in Q4 2021 to a low of 6.24% in Q4 2025.
  • The 5-year median for Return on Capital Employed is 21.45% (2024), against an average of 22.92%.
  • Across the five-year window, Return on Capital Employed soared 2466 bps in 2021 and slumped 1779 bps in 2022, its largest moves.
  • Vale's Return on Capital Employed stood at 38.46% in 2021, then sank by 46 bps to 20.66% in 2022, then decreased by 21 bps to 16.34% in 2023, then surged by 35 bps to 22.12% in 2024, then slumped by 72 bps to 6.24% in 2025.
  • The last three Return on Capital Employed figures came in at 6.24% (Q4 2025), 10.14% (Q3 2025), and 12.06% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (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 -3.89%
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 7.14%
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -20,966.96%
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Vale 8.38 -7.83 Bn - 6.24%

Historic Data

Download Data
DateValue
Dec 31, 2025 6.24%
Sep 30, 2025 10.14%
Jun 30, 2025 12.06%
Sep 30, 2024 22.12%
Jun 30, 2024 20.78%
Sep 30, 2023 16.34%
Jun 30, 2023 15.88%
Dec 31, 2022 20.66%
Sep 30, 2022 24.87%
Mar 31, 2022 35.13%
Dec 31, 2021 38.46%
Sep 30, 2021 37.67%
Jun 30, 2021 35.28%
Mar 31, 2021 25.30%
Dec 31, 2020 18.46%
Sep 30, 2020 13.01%
Jun 30, 2020 10.79%
Mar 31, 2020 10.03%
Dec 31, 2019 4.52%
Sep 30, 2019 7.37%