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| Date | Value |
|---|---|
| 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% |