Vale S.A annual gross margin
2017
2018
2019
2020
2021
2022
2023
2024
2025
Vale S.A Gross Margin Growth & History (VALE)
Vale S.A's gross margin was 35.04% for fiscal 2025.
View full Vale S.A company overviewVale S.A annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 35.04% | −1.20 pp |
| 2024 | 2024-12-31 | 36.24% | −6.11 pp |
| 2023 | 2023-12-31 | 42.35% | −2.84 pp |
| 2022 | 2022-12-31 | 45.19% | −14.94 pp |
| 2021 | 2021-12-31 | 60.13% | +4.55 pp |
| 2020 | 2020-12-31 | 55.58% | +8.42 pp |
| 2019 | 2019-12-31 | 47.16% | +7.61 pp |
| 2018 | 2018-12-31 | 39.55% | +1.49 pp |
| 2017 | 2017-12-31 | 38.06% | — |
Vale S.A quarterly gross margin
Q2.19
Q2.20
Q2.21
Q2.23
Q2.24
Q2.25
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2025 | 2025-06-30 | 30.88% | −13.09 pp |
| Q2 2024 | 2024-06-30 | 36.00% | −7.69 pp |
| Q2 2023 | 2023-06-30 | 38.59% | — |
| Q2 2021 | 2021-06-30 | 65.19% | — |
| Q2 2020 | 2020-06-30 | 43.97% | — |
| Q2 2019 | 2019-06-30 | 43.69% | — |
Vale S.A gross margin trends
Over the last five reported fiscal years, Vale S.A's gross margin decreased from 55.58% to 35.04%, a change of −20.55 percentage points. The latest reported quarter, Q2 2025, shows 30.88%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vale S.A filings at SEC.gov ↗