What is the current annual operating margin of VALE?

As of today, VALE annual operating margin is 28.98%

What is 1-year change in VALE annual operating margin?

VALE annual operating margin is up +0.14% year-over-year

What is 3-year change in VALE annual operating margin?

VALE annual operating margin is down -29.25% over the past 3 years

How far is VALE annual operating margin from its all-time high?

VALE annual operating margin is currently -46.36% below its historical high of 54.03% set on December 31, 2021

How does VALE annual operating margin rank versus sector peers?

VALE annual operating margin is higher than 83.76% of companies in Basic Materials sector

When is VALE next annual earnings release?

As of today, the next annual earnings release for VALE has not been scheduled

What is the current quarterly operating margin of VALE?

As of today, VALE quarterly operating margin is 25.47%

What is VALE quarterly operating margin most recent change?

VALE quarterly operating margin was down -11.69% on June 30, 2026

What is 1-year change in VALE quarterly operating margin?

VALE quarterly operating margin is down -4.54% year-over-year

How far is VALE quarterly operating margin from its all-time high?

VALE quarterly operating margin is currently -59.40% below its historical high of 62.73% set on June 30, 2021

How does VALE quarterly operating margin rank versus sector peers?

VALE quarterly operating margin is higher than 70.14% of companies in Basic Materials sector

When is VALE next earnings release?

The next earnings release for VALE is on October 29, 2026

Vale S.A. (VALE) Operating Margin History & Chart Since 1987

Annual Operating Margin

28.98%0.04%+0.14%

December 31, 2025

Summary

Current Value: As of today, VALE annual operating margin is 28.98%, up +0.14% on December 31, 2025
Historical Performance: VALE annual operating margin is down -29.25% over the past 3 years, down -29.42% over the past 5 years
All-Time High Comparison: VALE annual operating margin is currently -46.36% below its historical high of 54.03% set on December 31, 2021
3-Year Low Comparison: VALE annual operating margin is +0.14% above its 3-year low of 28.94% reached on December 31, 2024
Sector Comparison: VALE annual operating margin is higher than 83.76% of companies in Basic Materials sector

Operating Margin Chart

beforeafter

Performance

VALE Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	28.98%	+0.1%	-29.3%	-29.4%	-44.7%
Quarterly Operating Margin	Jun 30, 26	25.47%	-4.5%	-18.0%	-59.4%	-55.0%
Price	Aug 11, 26	$14.32	+40.4%	+7.5%	-31.9%	-46.9%
PE Ratio	Aug 11, 26	30.20	+256.1%	+449.1%	+374.8%	+431.7%
Annual Revenue	Dec 31, 25	$38.23B	+0.1%	-12.8%	-4.3%	-19.2%
Annual Operating Profit	Dec 31, 25	$11.08B	+0.2%	-38.3%	-32.5%	-55.3%
Annual Gross Margin	Dec 31, 25	34.37%	-4.7%	-22.9%	-37.3%	-41.2%
Annual Net Margin	Dec 31, 25	5.53%	-62.6%	-85.5%	-66.3%	-85.0%

Operating Margin Highs

VALE Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	40.96%	N/A	-29.3%
5Y	54.03%	Dec 31, 21	-46.4%
All	54.03%	Dec 31, 21	-46.4%

Operating Margin Lows

VALE Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	28.94%	Dec 31, 24	+0.1%
5Y	28.94%	Dec 31, 24	+0.1%
All	6.66%	Dec 1, 88	+335.1%

Operating Margin History

Year	Value	Change
2025	28.98%	+0.1%
2024	28.94%	-17.5%
2023	35.07%	-14.4%
2022	40.96%	-24.2%
2021	54.03%	+31.6%
2020	41.06%	+110.7%
2019	19.49%	-45.8%
2018	35.94%	+6.4%
2017	33.77%	+10.6%
2016	30.54%	+216.5%
2015	9.65%	-59.8%
2014	23.98%	-37.5%
2013	38.35%	+18.3%
2012	32.43%	-36.0%
2011	50.71%	-3.2%
2010	52.39%	+62.7%
2009	32.20%	-30.0%
2008	45.99%	+0.1%
2007	45.95%	+2.6%
2006	44.78%	+5.9%

Year	Value	Change
2005	42.28%	+6.7%
2004	39.63%	+19.2%
2003	33.26%	-4.9%
2002	34.96%	+38.3%
2001	25.28%	-12.9%
2000	29.04%	-14.3%
1999	33.89%	+90.4%
1998	17.80%	+15.3%
1997	15.44%	+1.5%
1996	15.21%	+57.1%
1995	9.68%	+33.3%
1994	7.26%	-26.0%
1993	9.81%	+7.4%
1992	9.13%	-54.4%
1991	20.03%	+6.1%
1990	18.87%	+11.0%
1989	17.00%	+155.3%
1988	6.66%	-31.4%
1987	9.71%	-

FAQ

What is the current annual operating margin of VALE?: As of today, VALE annual operating margin is 28.98%
What is 1-year change in VALE annual operating margin?: VALE annual operating margin is up +0.14% year-over-year
What is 3-year change in VALE annual operating margin?: VALE annual operating margin is down -29.25% over the past 3 years
How far is VALE annual operating margin from its all-time high?: VALE annual operating margin is currently -46.36% below its historical high of 54.03% set on December 31, 2021
How does VALE annual operating margin rank versus sector peers?: VALE annual operating margin is higher than 83.76% of companies in Basic Materials sector
When is VALE next annual earnings release?: As of today, the next annual earnings release for VALE has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

25.47%3.37%-11.69%

June 30, 2026

Summary

Current Value: As of today, VALE quarterly operating margin is 25.47%, down -11.69% on June 30, 2026
Historical Performance: VALE quarterly operating margin is down -4.54% year-over-year, down -18.02% over the past 3 years
All-Time High Comparison: VALE quarterly operating margin is currently -59.40% below its historical high of 62.73% set on June 30, 2021
3-Year Low Comparison: VALE quarterly operating margin is +21.92% above its 3-year low of 20.89% reached on December 31, 2024
Sector Comparison: VALE quarterly operating margin is higher than 70.14% of companies in Basic Materials sector

Performance

VALE Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	25.47%	-11.7%	-4.5%	-18.0%	-59.4%
Annual Operating Margin	Dec 31, 25	28.98%	–	+0.1%	-29.3%	-29.4%
Price	Aug 11, 26	$14.32	-16.1%	+40.4%	+7.5%	-31.9%
PE Ratio	Aug 11, 26	30.20	+15.9%	+256.1%	+449.1%	+374.8%
Quarterly Revenue	Jun 30, 26	$10.49B	+13.3%	+19.4%	+8.8%	-36.1%
Quarterly Operating Profit	Jun 30, 26	$2.67B	+0.0%	+14.0%	-10.8%	-74.0%
Quarterly Gross Margin	Jun 30, 26	30.69%	-7.0%	-1.4%	-19.1%	-53.7%
Quarterly Net Margin	Jun 30, 26	13.28%	-36.6%	-45.7%	+33.5%	-73.2%

Quarterly Operating Margin Highs

VALE Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	32.84%	Sep 30, 25	-22.4%
3Y	39.70%	Dec 31, 23	-35.8%
5Y	62.73%	N/A	-59.4%
All	62.73%	Jun 30, 21	-59.4%

Quarterly Operating Margin Lows

VALE Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	25.47%	Jun 30, 26	at low
3Y	20.89%	Dec 31, 24	+21.9%
5Y	20.89%	Dec 31, 24	+21.9%
All	-12.54%	Mar 31, 19	+303.1%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	25.47%	-11.7%
Mar 2026	28.84%	+9.5%
Dec 2025	26.33%	-19.8%
Sep 2025	32.84%	+23.1%
Jun 2025	26.68%	-0.6%
Mar 2025	26.83%	+28.4%
Dec 2024	20.89%	-33.1%
Sep 2024	31.23%	-8.7%
Jun 2024	34.21%	+12.4%
Mar 2024	30.43%	-23.4%
Dec 2023	39.70%	+19.6%
Sep 2023	33.20%	+6.9%
Jun 2023	31.07%	-10.8%
Mar 2023	34.83%	-16.0%
Dec 2022	41.46%	+42.5%
Sep 2022	29.10%	-27.9%
Jun 2022	40.38%	-22.1%
Mar 2022	51.85%	+36.9%
Dec 2021	37.88%	-25.2%
Sep 2021	50.66%	-19.2%
Jun 2021	62.73%	+1.4%
Mar 2021	61.84%	+134.8%
Dec 2020	26.34%	-48.3%
Sep 2020	50.98%	+36.8%
Jun 2020	37.26%	+22.9%
Mar 2020	30.31%	+21.7%
Dec 2019	24.91%	-32.1%
Sep 2019	36.69%	+42.7%
Jun 2019	25.72%	+305.1%
Mar 2019	-12.54%	-133.3%
Dec 2018	37.61%	+3.4%
Sep 2018	36.37%	+7.8%
Jun 2018	33.75%	-5.1%
Mar 2018	35.55%	+10.2%
Dec 2017	32.27%	-11.4%
Sep 2017	36.41%	+45.8%
Jun 2017	24.97%	-38.1%
Mar 2017	40.34%	-0.1%
Dec 2016	40.39%	+32.7%
Sep 2016	30.44%	+27.8%
Jun 2016	23.82%	+2.2%
Mar 2016	23.30%	+862.8%
Dec 2015	2.42%	-82.6%
Sep 2015	13.89%	-14.1%
Jun 2015	16.17%	+186.7%
Mar 2015	5.64%	-56.3%
Dec 2014	12.92%	-28.9%
Sep 2014	18.18%	-41.7%
Jun 2014	31.17%	-5.5%
Mar 2014	33.00%	-17.7%
Dec 2013	40.12%	+2.2%
Sep 2013	39.24%	+11.2%
Jun 2013	35.29%	-9.1%
Mar 2013	38.84%	+58.7%
Dec 2012	24.48%	-17.4%
Sep 2012	29.65%	-10.1%
Jun 2012	32.99%	-12.5%

Month	Value	Change
Mar 2012	37.72%	-19.4%
Dec 2011	46.82%	-15.2%
Sep 2011	55.22%	-2.4%
Jun 2011	56.55%	+9.2%
Mar 2011	51.80%	-1.8%
Dec 2010	52.75%	-11.6%
Sep 2010	59.70%	+15.7%
Jun 2010	51.62%	+36.3%
Mar 2010	37.88%	+36.0%
Dec 2009	27.86%	-15.7%
Sep 2009	33.04%	+41.6%
Jun 2009	23.34%	-28.8%
Mar 2009	32.80%	+50.7%
Dec 2008	21.76%	-54.6%
Sep 2008	47.96%	-1.0%
Jun 2008	48.46%	+33.7%
Mar 2008	36.25%	+8.2%
Dec 2007	33.51%	-25.1%
Sep 2007	44.72%	-12.3%
Jun 2007	50.98%	+8.0%
Mar 2007	47.20%	+8.8%
Dec 2006	43.38%	-10.0%
Sep 2006	48.18%	+9.9%
Jun 2006	43.84%	+4.3%
Mar 2006	42.03%	+2.4%
Dec 2005	41.04%	-4.0%
Sep 2005	42.76%	-14.1%
Jun 2005	49.79%	+40.9%
Mar 2005	35.34%	-10.3%
Dec 2004	39.39%	+14.8%
Sep 2004	34.30%	-11.0%
Jun 2004	38.53%	+14.8%
Mar 2004	33.55%	+8.4%
Dec 2003	30.96%	-24.7%
Sep 2003	41.13%	+45.5%
Jun 2003	28.27%	-22.7%
Mar 2003	36.57%	+6.0%
Dec 2002	34.51%	-15.2%
Sep 2002	40.68%	+29.9%
Jun 2002	31.31%	-3.3%
Mar 2002	32.39%	+147.6%
Dec 2001	13.08%	-69.5%
Sep 2001	42.85%	+7.2%
Jun 2001	39.98%	+1.8%
Mar 2001	39.29%	+88.8%
Dec 2000	20.81%	-48.4%
Sep 2000	40.30%	-10.9%
Jun 2000	45.24%	+8.6%
Mar 2000	41.66%	+94.9%
Dec 1999	21.37%	-58.2%
Sep 1999	51.11%	+9.1%
Jun 1999	46.85%	-6.9%
Mar 1999	50.31%	+1,031.7%
Dec 1998	-5.40%	-112.9%
Sep 1998	41.71%	+0.7%
Jun 1998	41.44%	+3.8%
Mar 1998	39.94%	-

FAQ

What is the current quarterly operating margin of VALE?: As of today, VALE quarterly operating margin is 25.47%
What is VALE quarterly operating margin most recent change?: VALE quarterly operating margin was down -11.69% on June 30, 2026
What is 1-year change in VALE quarterly operating margin?: VALE quarterly operating margin is down -4.54% year-over-year
How far is VALE quarterly operating margin from its all-time high?: VALE quarterly operating margin is currently -59.40% below its historical high of 62.73% set on June 30, 2021
How does VALE quarterly operating margin rank versus sector peers?: VALE quarterly operating margin is higher than 70.14% of companies in Basic Materials sector
When is VALE next earnings release?: The next earnings release for VALE is on October 29, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

VALE Official Website www.vale.com
VALE Profile on Yahoo Finance finance.yahoo.com/quote/VALE
VALE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/vale