Vale S.A.VALEEarnings & Financial Report
Vale, formerly Companhia Vale do Rio Doce, is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world. It also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, and cobalt; as of 2014 the company operated nine hydroelectricity plants, and a large network of railroads, ships, and ports used to transport its products.
Revenue
$9.7B
Gross Profit
$3.7B
Operating Profit
$2.9B
Net Profit
$928.0M
Gross Margin
38.6%
Operating Margin
29.7%
Net Margin
9.6%
YoY Growth
-13.3%
EPS
$0.20
Vale S.A. Q2 FY2023 Financial Summary
Vale S.A. reported revenue of $9.7B (down 13.3% YoY) for Q2 FY2023, with a net profit of $928.0M (down 85.0% YoY) (9.6% margin). Cost of goods sold was $5.9B, operating expenses totaled $861.0M.
Key Financial Metrics
| Total Revenue | $9.7B |
|---|---|
| Net Profit | $928.0M |
| Gross Margin | 38.6% |
| Operating Margin | 29.7% |
| Report Period | Q2 FY2023 |
Vale S.A. Quarterly Revenue & Net Profit History
Vale S.A. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $8.8B | -11.3% | $2.1B | 24.3% |
| Q2 FY2024 | $9.9B | +2.6% | $2.8B | 27.9% |
| Q2 FY2023 | $9.7B | -13.3% | $928.0M | 9.6% |
| Q2 FY2022 | $11.2B | — | $6.2B | 55.6% |
Income Statement
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Revenue | $11.16B | $9.67B | $9.92B | $8.80B |
| YoY Growth | N/A | -13.3% | 2.6% | -11.3% |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Assets | N/A | $91.52B | $86.61B | $90.38B |
| Liabilities | N/A | $51.23B | $48.23B | $49.87B |
| Equity | $36.98B | $40.29B | $38.39B | $40.51B |