VALE S.A. (VALE) Return on equity 2016–2025
VALE S.A. (VALE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
7.0%FY2025 · since FY2016: 10.2% → 7.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 7.0% | -11.4 pp |
| FY2024 | 18.5% | -1.8 pp |
| FY2023 | 20.2% | -32.2 pp |
| FY2022 | 52.4% | -12.7 pp |
| FY2021 | 65.1% | +51.5 pp |
| FY2020 | 13.7% | +17.9 pp |
| FY2019 | -4.2% | -19.8 pp |
| FY2018 | 15.6% | +2.9 pp |
| FY2017 | 12.7% | +2.5 pp |
| FY2016 | 10.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice