Extracts iron ore, nickel, and copper.
Dec 2025Revenue $38.4B/yrExpenses $32.5B/yr
No trend
Figures by year
Is Vale profitable?
Yes. In the 12 months to Dec 2025, revenue was $38.4B and expenses $32.5B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $38.4B | $32.5B | $5.90B |
| Dec 2024 | $38.1B | $27.3B | $10.8B |
| Dec 2023 | $41.8B | $27.6B | $14.2B |
| Dec 2022 | $43.8B | $26.6B | $17.2B |
| Dec 2021 | $54.5B | $26.8B | $27.7B |
| Dec 2020 | $39.5B | $26.7B | $12.8B |
| Dec 2019 | $36.5B | $32.7B | $3.89B |
| Dec 2018 | $36.6B | $24.6B | $12.0B |
| Dec 2017 | $34.0B | $23.0B | $10.9B |
| Dec 2016 | $27.5B | $20.4B | $7.05B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.