VALE S.A. (VALE) Operating margin 2016–2025
VALE S.A. (VALE) operating margin by fiscal year — reported operating income divided by reported revenue.
15.4%FY2025 · since FY2016: 25.7% → 15.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 15.4% | -13.0 pp |
| FY2024 | 28.3% | -5.6 pp |
| FY2023 | 34.0% | -5.3 pp |
| FY2022 | 39.3% | -11.6 pp |
| FY2021 | 50.8% | +18.4 pp |
| FY2020 | 32.4% | +21.8 pp |
| FY2019 | 10.7% | -22.0 pp |
| FY2018 | 32.7% | +0.5 pp |
| FY2017 | 32.2% | +6.5 pp |
| FY2016 | 25.7% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice
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