Vale's top line remains tied to volatile iron ore pricing, with revenue up only 1.9% year over year to $10.6B in 2026Q3 and gross margin compressing from 36.9% in 2025Q4 to 24.4%, which suggests earnings durability is still unproven.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue held near $10.6B in 2026Q3 but gross margin compressed from 36.9% in 2025Q4 to 24.4%, suggesting rising cost pressure and provision-driven net margin volatility that swung from 25.8% in 2025Q3 to negative 35.3% in 2025Q4.
Vale S.A.'s trailing and forward P/E ratios of 12.91 and 8.13 respectively indicate a potentially undervalued stock.
Multiple bullish theses on Vale S.A. highlight growing investor confidence in the company's prospects.
Vale S.A.'s share price appreciation suggests positive market reception to its fundamentals and growth potential.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $0.29-12.1% vs $0.33 | $10.6B+1.4% vs $10.5B |
Q3 2026 Jul 30, 2026 | $0.36-12.2% vs $0.41 | $10.5B+0.2% vs $10.5B |
Q2 2026 Apr 28, 2026 | $0.44-6.4% vs $0.47 | $9.3B-2.8% vs $9.5B |
Q1 2026 Feb 12, 2026 | -$0.90-257.9% vs $0.57 | $11.1B+1.5% vs $10.9B |
Zacks.com users have recently been watching VALE (VALE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
ARGA Investment Management LP acquired a new stake in shares of Vale S.A. (NYSE: VALE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 170,343 shares of the basic materials company's stock, valued at approximately $2,284,000. A number of
Vale NYSE: VALE reported third-quarter 2026 pro forma EBITDA of $3.5 billion, down 20% from a year earlier, as lower realized iron ore prices, higher fuel costs and a stronger Brazilian real pressured its core iron ore business. The company said its base-metals unit partly offset those pressures, with EBITDA rising more than 60% year over year to $1.1 billion.
Vale S.A. ( VALE ) Q3 2026 Earnings Call October 30, 2026 10:00 AM EDT Company Participants Gustavo Duarte Pimenta - Chief Executive Officer Marcelo Bacci - Executive Vice President of Finance & Investor Relations Carlos Medeiros - Executive Vice President of Operations Shaun Usmar - Chief Executive Officer of Vale Base Metals Ltd Rogério Nogueira - Executive Vice President of Commercial & Development Conference Call Participants Leonardo Correa - Banco BTG Pactual S.A., Research Division Rodolfo De Angele - JPMorgan Chase & Co, Research Division Rafael Barcellos - Banco Bradesco BBI S.A.
Benchmark VALE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Vale S.A. (VALE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $11.59 | $49.43B | 82.49 | 0.46% | 1.45% | 1.6% | 7.22% | |
| $83.73 | $136.06B | 13.73 | 7.67% | — | — | 4.49% | |
| $79.89 | $202.95B | 20.70 | 14.63% | — | — | 3.32% | |
| $11.46 | $6.54B | -14.16 | -3% | -2.36% | -7.84% | — | |
| $60.98 | $46.41B | 43.98 | -1.74% | 1.64% | 1.84% | 0.9% | |
| $244.97 | $55.79B | 15.44 | 5.73% | 9.26% | 15.63% | 0.91% |
Vale S.A. (VALE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Vale S.A. (VALE) stock FAQ — growth, dividends, profitability & financials explained
Vale S.A. (VALE) reported $41.41B in revenue over the trailing twelve months. Revenue was $38.23B in fiscal year 2025. That is 872% more than the $3.94B of fiscal year 2000.
Vale S.A. (VALE) grew revenue by 12.1% over the trailing twelve months, compared with the twelve months before.
Yes. Vale S.A. (VALE) earned $599.9M in net income over the trailing twelve months (a 1.4% net margin).
Yes. Vale S.A. (VALE) pays a dividend that yields 7.22% at the current price, a high yield.
Vale S.A. (VALE) had a return on equity (ROE) of 1.6% over the trailing twelve months. That is below the market's typical 10-15%.
Vale S.A. (VALE) generated $3.78B in free cash flow over the trailing twelve months.
