Vale S.A annual capital expenditures (capex)
2007
2008
2009
2010
2011
2012
2015
2016
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2018
2019
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2021
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2024
2025
Vale S.A Capital Expenditures (CapEx) Growth & History (VALE)
Vale S.A's capital expenditures (capex) was $6.01B for fiscal 2025.
View full Vale S.A company overviewVale S.A annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.01B | −$441.0M | −6.84% |
| 2024 | 2024-12-31 | $6.45B | $527.0M | +8.90% |
| 2023 | 2023-12-31 | $5.92B | $474.0M | +8.70% |
| 2022 | 2022-12-31 | $5.45B | $1.41B | +35.00% |
| 2021 | 2021-12-31 | $4.03B | $329.0M | +8.88% |
| 2020 | 2020-12-31 | $3.71B | $785.0M | +26.88% |
| 2019 | 2019-12-31 | $2.92B | $24.0M | +0.83% |
| 2018 | 2018-12-31 | $2.90B | −$935.0M | −24.41% |
| 2017 | 2017-12-31 | $3.83B | −$1.12B | −22.62% |
| 2016 | 2016-12-31 | $4.95B | −$3.16B | −38.98% |
| 2015 | 2015-12-31 | $8.11B | — | — |
| 2012 | 2012-12-31 | $15.78B | −$298.0M | −1.85% |
| 2011 | 2011-12-31 | $16.07B | $3.43B | +27.11% |
| 2010 | 2010-12-31 | $12.65B | $4.55B | +56.21% |
| 2009 | 2009-12-31 | $8.10B | −$876.0M | −9.76% |
| 2008 | 2008-12-31 | $8.97B | $2.32B | +34.90% |
| 2007 | 2007-12-31 | $6.65B | — | — |
Vale S.A quarterly capital expenditures (capex)
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q2.19
Q2.20
Q2.21
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.24B | $76.0M | +6.51% |
| Q1 2026 | 2026-03-31 | $1.19B | — | — |
| Q4 2025 | 2025-12-31 | $2.19B | — | — |
| Q3 2025 | 2025-09-30 | $1.39B | — | — |
| Q2 2025 | 2025-06-30 | $1.17B | — | — |
| Q2 2021 · Jun 30 | 2021-06-30 | $929.0M | $86.0M | +10.20% |
| Q2 2020 | 2020-06-30 | $843.0M | $243.0M | +40.50% |
| Q2 2019 | 2019-06-30 | $600.0M | — | — |
| Q4 2012 | 2012-12-31 | $4.60B | −$1.47B | −24.16% |
| Q3 2012 | 2012-09-30 | $4.98B | $1.27B | +34.30% |
| Q2 2012 | 2012-06-30 | $3.23B | −$252.0M | −7.24% |
| Q1 2012 | 2012-03-31 | $2.96B | $148.0M | +5.26% |
| Q4 2011 | 2011-12-31 | $6.07B | $1.33B | +28.03% |
| Q3 2011 | 2011-09-30 | $3.71B | −$141.0M | −3.66% |
| Q2 2011 | 2011-06-30 | $3.48B | $1.24B | +55.64% |
| Q1 2011 | 2011-03-31 | $2.81B | $996.0M | +54.82% |
| Q4 2010 | 2010-12-31 | $4.74B | $1.99B | +72.12% |
| Q3 2010 | 2010-09-30 | $3.85B | $2.21B | +134.16% |
| Q2 2010 | 2010-06-30 | $2.24B | $228.0M | +11.35% |
| Q1 2010 | 2010-03-31 | $1.82B | $129.0M | +7.64% |
| Q4 2009 | 2009-12-31 | $2.75B | — | — |
| Q3 2009 | 2009-09-30 | $1.65B | — | — |
| Q2 2009 | 2009-06-30 | $2.01B | — | — |
| Q1 2009 | 2009-03-31 | $1.69B | — | — |
Vale S.A capital expenditures (capex) trends
Over the last five fiscal years, Vale S.A's capital expenditures (capex) increased from $3.71B to $6.01B, a change of $2.30B. The latest reported quarter, Q2 2026, shows $1.24B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vale S.A source filings ↗