Vale S.a. revenue

Vale S.a.'s revenue was $38.40bn in fiscal 2025, up 0.9% on the year before. Since fiscal 2015 ($23.38bn) it has grown at a compound 5.1% a year.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vale S.a.: revenue history, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	23.4	27.5	34.0	36.6	36.5	39.5	54.5	43.8	41.8	38.1	38.4
Growth on the year before	—	+17.6%	+23.6%	+7.7%	−0.1%	+8.2%	+37.8%	−19.6%	−4.7%	−8.9%	+0.9%
Gross profit	4.6	9.8	12.9	14.5	17.2	22.0	32.8	19.8	17.7	13.8	13.5
Gross margin	19.8%	35.8%	38.1%	39.6%	47.2%	55.6%	60.1%	45.2%	42.3%	36.2%	35.0%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Diversified Metals & Mining: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Vale S.a.	$38.40bn	0.9%	—
BHP Group Ltd	$58.76bn	14.6%	—
Sibanye Stillwater Ltd	$7.26bn	18.7%	—
Nexa Resources S.a.	$3.00bn	8.5%	—
Materion Corp	$2.10bn	21.6%	—
Ferroglobe PLC	$1.34bn	-18.8%	—

Compare with peers

Head to head: BHP vs VALE SBSW vs VALE NEXA vs VALE

More: Diversified Metals & Mining stocks compared, Materials sector, rankings of US companies

Figures from Vale S.a.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vale S.a.