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
More VALE financial trends
VALE RevenueVALE Net incomeVALE Net marginVALE Gross profitVALE Gross marginVALE Operating incomeVALE Operating marginVALE Operating cash flowVALE Free cash flowVALE Capital expendituresVALE Stock buybacksVALE Dividends paidVALE Total assetsVALE Total liabilitiesVALE Shareholders’ equityVALE overview →