Vale S.A. (VALE) Return on Capital Employed [ROCE] (2010 - 2026)
Vale (VALE) reported Return on Capital Employed [ROCE] of 10.10% for Q2 2026, down 17.49 percentage points from 27.59% a year earlier but up 0.31 percentage points from the prior quarter.
Powered by 
Analysis
Vale S.A. (VALE) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Vale posted Return on Capital Employed [ROCE] of 10.29%, down 4.78 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined for four consecutive years, with a five-year change of -6.93 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 15.07% in FY2024 (-3.60 pp), 18.67% in FY2023 (-4.50 pp), 23.18% in FY2022 (-8.03 pp) and 31.20% in FY2021 (+13.99 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 7.58% in Q4 2025 and a high of 39.48% in Q4 2021.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last four quarters, with an average year-over-year change of -4.85 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2021 (a gain of 21.02 percentage points); the low point was Q1 2026 (a drop of 25.24 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.78% (Q1 2026), 7.58% (Q4 2025) and 8.70% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.00% |
| Mar 31, 2026 | 8.78% |
| Dec 31, 2025 | 8.08% |
| Sep 30, 2025 | 9.53% |
| Jun 30, 2025 | 26.11% |
| Mar 31, 2025 | 36.49% |
| Dec 31, 2024 | 15.10% |
| Sep 30, 2024 | 20.91% |
| Jun 30, 2024 | 27.22% |
| Mar 31, 2024 | 25.27% |
| Dec 31, 2023 | 25.94% |
| Sep 30, 2023 | 23.85% |
| Jun 30, 2023 | 13.64% |
| Dec 31, 2022 | 24.63% |
| Sep 30, 2022 | 24.85% |
| Mar 31, 2022 | 34.51% |
| Dec 31, 2021 | 37.17% |
| Sep 30, 2021 | 36.10% |
| Jun 30, 2021 | 33.74% |
| Mar 31, 2021 | 23.85% |
API Access
Vale S.A. Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=VALE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=VALE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();