Vale Past Earnings Performance
Past criteria checks 3/6
Vale has been growing earnings at an average annual rate of 12.8%, while the Metals and Mining industry saw earnings growing at 13.6% annually. Revenues have been growing at an average rate of 4.4% per year. Vale's return on equity is 22.3%, and it has net margins of 22.9%.
Key information
12.8%
Earnings growth rate
15.6%
EPS growth rate
| Metals and Mining Industry Growth | 24.3% |
| Revenue growth rate | 4.4% |
| Return on equity | 22.3% |
| Net Margin | 22.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Vale makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 211,109 | 48,251 | 5,158 | 3,598 |
| 30 Jun 24 | 210,093 | 48,729 | 4,895 | 3,819 |
| 31 Mar 24 | 206,116 | 38,710 | 4,898 | 3,647 |
| 31 Dec 23 | 208,066 | 39,940 | 5,007 | 3,598 |
| 30 Sep 23 | 206,296 | 47,517 | 3,466 | 1,147 |
| 30 Jun 23 | 206,414 | 56,939 | 4,991 | 3,574 |
| 31 Mar 23 | 213,630 | 72,587 | 5,756 | 4,134 |
| 31 Dec 22 | 226,508 | 86,106 | 5,124 | 3,411 |
| 30 Sep 22 | 237,095 | 96,960 | 7,888 | 5,228 |
| 30 Jun 22 | 249,433 | 101,489 | 5,596 | 3,066 |
| 31 Mar 22 | 281,451 | 124,569 | 5,342 | 2,423 |
| 31 Dec 21 | 293,524 | 133,712 | 6,068 | 2,964 |
| 30 Sep 21 | 296,709 | 116,999 | 3,572 | 675 |
| 30 Jun 21 | 290,197 | 104,799 | 6,459 | 2,512 |
| 31 Mar 21 | 243,639 | 66,787 | 6,693 | 2,263 |
| 31 Dec 20 | 206,098 | 35,588 | 7,046 | 2,151 |
| 30 Sep 20 | 170,610 | 15,480 | 7,210 | 2,127 |
| 30 Jun 20 | 153,368 | 6,407 | 7,159 | 2,059 |
| 31 Mar 20 | 148,939 | 734 | 6,958 | 1,925 |
| 31 Dec 19 | 144,635 | 3,959 | 6,431 | 1,644 |
| 30 Sep 19 | 145,076 | 14,222 | 5,405 | 1,591 |
| 30 Jun 19 | 142,274 | 13,433 | 4,537 | 1,442 |
| 31 Mar 19 | 137,503 | 14,162 | 3,479 | 1,422 |
| 31 Dec 18 | 134,483 | 25,967 | 2,901 | 1,376 |
| 30 Sep 18 | 126,855 | 15,618 | 2,989 | 1,237 |
| 30 Jun 18 | 117,593 | 17,354 | 2,887 | 1,176 |
| 31 Mar 18 | 109,722 | 17,467 | 2,917 | 1,103 |
| 31 Dec 17 | 108,532 | 20,235 | 3,014 | 1,086 |
| 30 Sep 17 | 109,357 | 21,669 | 3,010 | 1,120 |
| 30 Jun 17 | 102,588 | 16,136 | 3,157 | 1,093 |
| 31 Mar 17 | 100,801 | 19,335 | 3,278 | 1,094 |
| 31 Dec 16 | 94,633 | 17,470 | 3,325 | 1,098 |
| 30 Sep 16 | 79,220 | -20,596 | 3,597 | 909 |
| 30 Jun 16 | 80,739 | -29,215 | 4,170 | 1,084 |
| 31 Mar 16 | 80,604 | -27,729 | 4,622 | 1,192 |
| 31 Dec 15 | 78,057 | -43,553 | 5,136 | 1,326 |
| 30 Sep 15 | 85,970 | -15,819 | 5,523 | 1,740 |
| 30 Jun 15 | 83,250 | -12,537 | 5,394 | 1,749 |
| 31 Mar 15 | 83,893 | -14,493 | 5,226 | 1,738 |
| 31 Dec 14 | 82,619 | 3,139 | 4,751 | 1,568 |
| 30 Sep 14 | 95,087 | -9,269 | 5,470 | 1,763 |
| 30 Jun 14 | 102,648 | 2,090 | 6,160 | 1,779 |
| 31 Mar 14 | 102,673 | -288 | 6,640 | 1,745 |
Quality Earnings: CVLB has a large one-off gain of R$9.3B impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: CVLB's current net profit margins (22.9%) are lower than last year (23%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CVLB's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: CVLB's earnings growth over the past year (1.5%) is below its 5-year average (12.8% per year).
Earnings vs Industry: CVLB earnings growth over the past year (1.5%) exceeded the Metals and Mining industry -2.3%.
Return on Equity
High ROE: CVLB's Return on Equity (22.3%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 04:24 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vale S.A. is covered by 61 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Hacking | Auerbach Grayson |
| Rodrigo Ferraz | Banco Brascan S.A. |
| Ishan Majumdar | Baptista Research |