Vale S.A annual return on equity
2008
2009
2010
2011
2012
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Vale S.A Return on Equity (ROE) Growth & History (VALE)
Vale S.A's return on equity was 5.93% for fiscal 2025.
View full Vale S.A company overviewVale S.A annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.93% | −10.47 pp |
| 2024 | 2024-12-31 | 16.40% | −5.12 pp |
| 2023 | 2023-12-31 | 21.52% | −32.14 pp |
| 2022 | 2022-12-31 | 53.65% | −10.34 pp |
| 2021 | 2021-12-31 | 64.00% | +52.04 pp |
| 2020 | 2020-12-31 | 11.95% | +17.14 pp |
| 2019 | 2019-12-31 | −5.19% | −20.96 pp |
| 2018 | 2018-12-31 | 15.77% | +2.39 pp |
| 2017 | 2017-12-31 | 13.38% | +2.75 pp |
| 2016 | 2016-12-31 | 10.64% | +33.60 pp |
| 2015 | 2015-12-31 | −22.96% | — |
| 2012 | 2012-12-31 | 7.25% | −23.96 pp |
| 2011 | 2011-12-31 | 31.22% | +3.78 pp |
| 2010 | 2010-12-31 | 27.44% | +16.69 pp |
| 2009 | 2009-12-31 | 10.75% | −23.13 pp |
| 2008 | 2008-12-31 | 33.89% | — |
Vale S.A quarterly return on equity
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
Q2.20
Q2.21
Q2.23
Q2.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.68% | −2.19 pp |
| Q1 2026 | 2026-03-31 | 5.40% | — |
| Q4 2025 | 2025-12-31 | −10.31% | — |
| Q3 2025 | 2025-09-30 | 6.69% | — |
| Q2 2025 | 2025-06-30 | 5.88% | −1.37 pp |
| Q2 2024 | 2024-06-30 | 7.25% | +4.76 pp |
| Q2 2023 | 2023-06-30 | 2.49% | — |
| Q2 2021 | 2021-06-30 | 19.47% | +17.00 pp |
| Q2 2020 | 2020-06-30 | 2.48% | — |
| Q4 2012 | 2012-12-31 | −3.39% | −9.42 pp |
| Q3 2012 | 2012-09-30 | 2.05% | −4.03 pp |
| Q2 2012 | 2012-06-30 | 3.27% | −4.69 pp |
| Q1 2012 | 2012-03-31 | 4.78% | −4.58 pp |
| Q4 2011 | 2011-12-31 | 6.03% | −2.53 pp |
| Q3 2011 | 2011-09-30 | 6.08% | −3.24 pp |
| Q2 2011 | 2011-06-30 | 7.96% | +1.71 pp |
| Q1 2011 | 2011-03-31 | 9.36% | +6.57 pp |
| Q4 2010 | 2010-12-31 | 8.56% | +5.95 pp |
| Q3 2010 | 2010-09-30 | 9.32% | +6.03 pp |
| Q2 2010 | 2010-06-30 | 6.26% | — |
| Q1 2010 | 2010-03-31 | 2.79% | — |
| Q4 2009 | 2009-12-31 | 2.61% | — |
| Q3 2009 | 2009-09-30 | 3.29% | — |
Vale S.A return on equity trends
Over the last five fiscal years, Vale S.A's return on equity decreased from 11.95% to 5.93%, a change of −6.03 percentage points. The latest reported quarter, Q2 2026, shows 3.68%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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