Vale S.A. (VALE) Return on Invested Capital [ROIC] (2009 - 2025)
Vale (VALE) posted Return on Invested Capital [ROIC] of 13.95% for Q4 2025, down 16.77 percentage points from 30.72% a year earlier but up 0.74 percentage points from the prior quarter.
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Vale S.A. (VALE) Return on Invested Capital [ROIC] (2009 - 2025) Analysis & Trends
For FY2025, Vale's Return on Invested Capital [ROIC] came in at 17.98%, down 9.89 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for four consecutive years, with a five-year change of -8.72 percentage points (FY2020 to FY2025).
- In prior years, Vale's Return on Invested Capital [ROIC] was 27.87% in FY2024 (-6.35 pp), 34.22% in FY2023 (-10.66 pp), 44.87% in FY2022 (-16.21 pp) and 61.09% in FY2021 (+34.39 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 13.20% in Q3 2025 to a high of 62.48% in Q1 2022 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last five quarters, with an average year-over-year change of -10.18 percentage points over the last six quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2021, with a gain of 46.31 percentage points; the weakest was Q3 2025, with a drop of 25.55 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 13.20% (Q3 2025), 17.06% (Q2 2025) and 28.10% (Q1 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.00% |
| Sep 30, 2025 | 9.54% |
| Jun 30, 2025 | 14.46% |
| Mar 31, 2025 | 18.57% |
| Dec 31, 2024 | 19.24% |
| Sep 30, 2024 | 28.01% |
| Jun 30, 2024 | 35.03% |
| Mar 31, 2024 | 33.23% |
| Dec 31, 2023 | 36.84% |
| Sep 30, 2023 | 35.83% |
| Dec 31, 2022 | 36.85% |
| Mar 31, 2022 | 76.44% |
| Dec 31, 2021 | 57.77% |
| Sep 30, 2021 | 63.99% |
| Jun 30, 2021 | 54.63% |
| Mar 31, 2021 | 44.99% |
| Dec 31, 2020 | 19.66% |
| Sep 30, 2020 | 12.40% |
| Jun 30, 2020 | 9.01% |
| Mar 31, 2020 | 1.76% |
API Access
Vale S.A. Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=VALE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=VALE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();