Vale (VALE) Revenue (2009 - 2025)

Vale's (VALE) quarterly Revenue came in at $10.4 billion in Q3 2025, up 9.08% year-on-year from $9.6 billion in Q3 2024, and up 18.36% quarter-over-quarter from $8.8 billion in Q2 2025.

Vale (VALE) Revenue (2009 - 2025) Analysis & Trends

Vale has disclosed Revenue across 17 years of filings, most recently posting $10.4 billion for Q3 2025.

  • Revenue for Q3 2025 came in at $10.4 billion, up 9.08% year-over-year; the trailing twelve-month figure through Sep 2025 was $37.6 billion (down 8.29% YoY), and the FY2024 annual result was $38.1 billion, down 8.92% from the prior year.
  • Revenue came in at $10.4 billion for Q3 2025 at Vale, up from $8.8 billion in the prior quarter.
  • In the past five years, Revenue ranged from a high of $16.5 billion in Q2 2021 to a low of $8.1 billion in Q1 2025.
  • The 5-year median for Revenue is $10.4 billion (2025), against an average of $10.8 billion.
  • Across the five-year window, Revenue jumped 119.66% in 2021 and slumped 32.44% in 2022, its largest moves.
  • Vale's Revenue stood at $13.1 billion in 2021, then fell by 9.0% to $11.9 billion in 2022, then climbed by 9.26% to $13.0 billion in 2023, then dropped by 21.56% to $10.2 billion in 2024, then advanced by 1.94% to $10.4 billion in 2025.
  • The last three Revenue figures came in at $10.4 billion (Q3 2025), $8.8 billion (Q2 2025), and $8.1 billion (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (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 90.65 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 549.82 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 42.34 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 36.86 Mn
10 Vale 8.38 -7.83 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 10.42 Bn
Jun 30, 2025 8.80 Bn
Mar 31, 2025 8.12 Bn
Dec 31, 2024 10.22 Bn
Sep 30, 2024 9.55 Bn
Jun 30, 2024 9.92 Bn
Mar 31, 2024 8.46 Bn
Dec 31, 2023 13.03 Bn
Sep 30, 2023 10.62 Bn
Jun 30, 2023 9.67 Bn
Mar 31, 2023 8.43 Bn
Dec 31, 2022 11.93 Bn
Sep 30, 2022 9.93 Bn
Jun 30, 2022 11.16 Bn
Mar 31, 2022 10.81 Bn
Dec 31, 2021 13.11 Bn
Sep 30, 2021 12.33 Bn
Jun 30, 2021 16.51 Bn
Mar 31, 2021 12.55 Bn
Dec 31, 2020 14.17 Bn