vs

Side-by-side financial comparison of New Gold Inc. (NGD) and Vale S.A. (VALE). Click either name above to swap in a different company.

Vale S.A. is the larger business by last-quarter revenue ($8.8B vs $44.1M, roughly 199.5× New Gold Inc.).

JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.

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.

NGD vs VALE — Head-to-Head

Bigger by revenue
VALE
VALE
199.5× larger
VALE
$8.8B
$44.1M
NGD

Income Statement — Q3 2025 vs Q2 2025

Metric
NGD
NGD
VALE
VALE
Revenue
$44.1M
$8.8B
Net Profit
$2.1B
Gross Margin
30.9%
Operating Margin
22.8%
Net Margin
24.3%
Revenue YoY
-11.3%
Net Profit YoY
-22.9%
EPS (diluted)
$0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NGD
NGD
VALE
VALE
Q3 25
$44.1M
Q2 25
$8.8B
Q2 24
$9.9B
Q2 23
$9.7B
Q2 22
$11.2B
Net Profit
NGD
NGD
VALE
VALE
Q3 25
Q2 25
$2.1B
Q2 24
$2.8B
Q2 23
$928.0M
Q2 22
$6.2B
Gross Margin
NGD
NGD
VALE
VALE
Q3 25
Q2 25
30.9%
Q2 24
36.0%
Q2 23
38.6%
Q2 22
46.7%
Operating Margin
NGD
NGD
VALE
VALE
Q3 25
Q2 25
22.8%
Q2 24
39.1%
Q2 23
29.7%
Q2 22
38.5%
Net Margin
NGD
NGD
VALE
VALE
Q3 25
Q2 25
24.3%
Q2 24
27.9%
Q2 23
9.6%
Q2 22
55.6%
EPS (diluted)
NGD
NGD
VALE
VALE
Q3 25
Q2 25
$0.50
Q2 24
$0.65
Q2 23
$0.20
Q2 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NGD
NGD
VALE
VALE
Cash + ST InvestmentsLiquidity on hand
$5.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$40.5B
Total Assets
$90.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGD
NGD
VALE
VALE
Q3 25
Q2 25
$5.5B
Q2 24
$6.5B
Q2 23
$5.0B
Q2 22
$7.2B
Stockholders' Equity
NGD
NGD
VALE
VALE
Q3 25
Q2 25
$40.5B
Q2 24
$38.4B
Q2 23
$40.3B
Q2 22
$37.0B
Total Assets
NGD
NGD
VALE
VALE
Q3 25
Q2 25
$90.4B
Q2 24
$86.6B
Q2 23
$91.5B
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons