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Vale S.A. (VALE) Operating Margin: 27.84%

Is Vale S.A.’s operating margin high or low?

Vale S.A.'s operating margin of 27.84% is 22% below its 5-year average of 35.64%, near the low end of its 5-year range (27.84%–50.81%).

As of Wednesday, June 24, 2026. 2.88% below its 12-month average of 28.66%.

VALE Operating Margin

VALE Operating Margin Chart

28.98%

Reported annual fiscal-period values; no daily interpolation.

+221.05% 10Y
VALE Operating Margin

VALE Average Operating Margin Chart

VALE Operating Margin

VALE Current vs Average Operating Margin Chart

VALE Operating Margin Metrics

OPERATING MARGIN

27.84%

OPERATING MARGIN AVG TTM

28.66%

OPERATING MARGIN AVG 3Y

32.64%

OPERATING MARGIN AVG 5Y

35.64%

OPERATING MARGIN AVG 10Y

26.46%

OPERATING MARGIN AVG 15Y

32.30%

OPERATING MARGIN AVG 20Y

34.02%

CURRENT VS TTM AVG

-2.88%

CURRENT VS 3Y AVG

-14.72%

CURRENT VS 5Y AVG

-21.88%

CURRENT VS 10Y AVG

+5.22%

CURRENT VS 15Y AVG

-13.80%

CURRENT VS 20Y AVG

-18.18%

VALE Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Vale S.A. (VALE)$65.29B27.84%28.66%32.64%35.64%
Barrick Mining Corporation (B)vs ›$63.97B51.62%40.08%33.07%29.91%
Air Products and Chemicals, Inc. (APD)vs ›$62.90B18.41%14.81%16.96%19.20%
Ecolab Inc (ECL)vs ›$75.61B17.49%17.36%15.04%14.65%
Nucor Corporation (NUE)vs ›$54.57B10.04%8.93%15.28%14.44%
Corteva, Inc. (CTVA)vs ›$52.91B16.26%13.73%12.69%10.85%
Wheaton Precious Metals Corp. (WPM)vs ›$52.89B71.81%58.56%53.73%54.19%
The Sherwin-Williams Company (SHW)vs ›$79.64B16.13%16.21%15.41%15.09%
Vulcan Materials Company (VMC)vs ›$38.81B20.62%19.23%17.45%17.74%
Freeport-McMoRan Inc. (FCX)vs ›$92.55B27.77%25.70%27.64%26.53%

Operating Efficiency

Gross Margin

34.5%

Operating Margin

27.8%

Vale S.A. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Vale S.A. Operating Margin FAQ

What is the operating margin for Vale S.A. (VALE)?
The operating margin for VALE stock is 27.84%.
Is Vale S.A.'s operating margin high or low?
Vale S.A.'s operating margin of 27.84% is 22% below its 5-year average of 35.64%, near the low end of its 5-year range (27.84%–50.81%).
What is the TTM average operating margin for Vale S.A. (VALE)?
The TTM average operating margin for VALE stock is 28.66%.
What is the 3Y average operating margin for Vale S.A. (VALE)?
The 3Y average operating margin for VALE stock is 32.64%.
What is the 5Y average operating margin for Vale S.A. (VALE)?
The 5Y average operating margin for VALE stock is 35.64%.
What is the 10Y average operating margin for Vale S.A. (VALE)?
The 10Y average operating margin for VALE stock is 26.46%.
What is the 15Y average operating margin for Vale S.A. (VALE)?
The 15Y average operating margin for VALE stock is 32.30%.
What is the 20Y average operating margin for Vale S.A. (VALE)?
The 20Y average operating margin for VALE stock is 34.02%.

Vale S.A. Operating Margin History

DATEOPERATING MARGIN
2025-12-3128.98%
2024-12-3128.35%
2023-12-3134.00%
2022-12-3139.25%
2021-12-3150.81%
2020-12-3132.43%
2019-12-3110.64%
2018-12-3132.69%
2017-12-3132.18%
2016-12-3125.65%
2015-12-31-23.94%
2014-12-3118.77%
2013-12-3132.21%
2012-12-3119.55%
2011-12-3151.05%
2010-12-3147.90%
2009-12-31-27.18%
2008-12-3139.41%
2007-12-3140.92%
2006-12-3138.86%
2005-12-3142.82%
2004-12-3138.72%
2003-12-3130.73%
2002-12-3134.66%
2001-12-3123.28%
2000-12-3123.53%

About Vale S.A.

Operating globally and within Brazil, Vale S.A. is a major producer and seller of essential raw materials, including iron ore, iron ore pellets, nickel, and copper. Its operations are organized into two primary segments. The Iron Solutions segment is dedicated to the extraction and production of iron ore, pellets, and various other ferrous products, also providing crucial logistics services. Meanwhile, the Energy Transition Materials segment specializes in mining nickel, along with its valuable by-products such as gold, silver, cobalt, and other precious metals. This segment also handles copper, primarily used in construction for piping and electrical cables. Established in 1942, the company was formerly known as Companhia Vale do Rio Doce before officially rebranding as Vale S.A. in May 2009. Vale S.A. is headquartered in Rio De Janeiro, Brazil.

Rio De Janeiro, RJ
64,616 employees
Basic Materials / Industrial Materials
Sector
Basic Materials
Industry
Industrial Materials
CEO
Gustavo Duarte Pimenta