Vale (NYSE: VALE) net income
Vale reported a net profit of $2,352m for fiscal 2025, 61.9% less than in fiscal 2024 ($6,166m). Its net margin was 6.1%.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin |
|---|---|---|---|
| 2025 | $2,352m | −61.9% | 6.1% |
| 2024 | $6,166m | −22.8% | 16.2% |
| 2023 | $7,983m | −57.5% | 19.1% |
| 2022 | $18,788m | −16.3% | 42.9% |
| 2021 | $22,445m | +359.8% | 41.2% |
| 2020 | $4,881m | — | 12.3% |
| 2019 | −$1,683m | −124.5% | −4.6% |
| 2018 | $6,860m | +24.6% | 18.8% |
| 2017 | $5,507m | +38.3% | 16.2% |
| 2016 | $3,982m | — | 14.5% |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Vale
- How much did Vale earn in fiscal 2025?
- Vale reported a net profit of $2,352m for fiscal 2025. In fiscal 2024 it reported a net profit of $6,166m.
- What is the net margin of Vale?
- In fiscal 2025 its net profit was 6.1% of its revenue.
- What was the most profitable year for Vale?
- Of its last 10 fiscal years, fiscal 2021, with $22,445m.
- Where do the figures for Vale come from?
- From the annual report (Form 20-F) that Vale files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 20-F) that Vale files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Vale: the Vale page · annual accounts · revenue · dividends paid.
More companies from Brazil and the rest of the region: Latin American stocks.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.