Balance Sheet - Vale S.A. (VALE)
$ (Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 7.60 | 5.01 | 3.66 | 4.80 | 11.91 | 14.26 | 8.18 | 5.82 | 6.35 | 4.28 | 3.62 | 4.12 | 5.32 | 6.08 | 11.62 | 9.38 | 11.32 | 12.64 | 3.97 | 6.80 |
| Accounts receivable, net | 3.82 | 3.46 | 5.08 | 5.59 | 4.78 | 5.70 | 3.40 | 3.90 | 3.77 | 5.36 | 2.95 | 5.55 | 7.49 | 8.70 | 10.85 | 10.15 | 4.78 | 5.51 | 5.28 | 4.06 |
| Inventories | 5.96 | 4.61 | 4.67 | 4.48 | 4.38 | 4.06 | 4.27 | 4.44 | 3.93 | 3.35 | 3.53 | 4.50 | 4.13 | 5.05 | 5.25 | 4.30 | 3.39 | 3.90 | 3.86 | 3.49 |
| Other current assets | 0.99 | 0.42 | 5.23 | 0.66 | 1.29 | 0.39 | 0.38 | 0.56 | 0.54 | 0.56 | 0.31 | 6.06 | 7.39 | 2.68 | 2.40 | 8.21 | 2.32 | 1.45 | 1.19 | 0.94 |
| Total current assets | 18.37 | 13.50 | 18.64 | 15.53 | 22.36 | 24.40 | 17.04 | 15.29 | 18.95 | 22.57 | 15.47 | 20.23 | 24.38 | 22.53 | 21.74 | 31.79 | 21.93 | 23.24 | 11.38 | 12.94 |
| Total non-current assets | 68.52 | 66.67 | 75.23 | 71.37 | 67.08 | 67.60 | 74.67 | 72.90 | 80.23 | 76.45 | 73.02 | 96.26 | 100.22 | 108.09 | 106.99 | 97.35 | 78.81 | 56.69 | 65.34 | 48.01 |
| Total assets | 86.88 | 80.25 | 93.87 | 86.89 | 89.44 | 92.01 | 91.71 | 88.19 | 99.18 | 99.01 | 88.49 | 116.49 | 124.60 | 130.62 | 128.73 | 129.14 | 100.74 | 79.93 | 76.72 | 60.95 |
| Total current liabilities | 15.94 | 13.11 | 14.61 | 13.89 | 15.20 | 14.59 | 13.85 | 9.11 | 13.11 | 11.23 | 10.55 | 10.74 | 9.61 | 12.56 | 11.04 | 17.91 | 9.98 | 7.24 | 10.08 | 7.31 |
| Total non-current liabilities | 36.47 | 32.53 | 38.44 | 35.65 | 38.94 | 42.59 | 38.88 | 34.25 | 41.30 | 46.76 | 42.24 | 49.43 | 50.05 | 41.90 | 37.57 | 38.79 | 32.55 | 27.65 | 30.80 | 31.16 |
| Total liabilities | 52.41 | 45.69 | 53.04 | 49.54 | 54.14 | 57.19 | 52.72 | 43.36 | 54.41 | 57.99 | 52.79 | 60.17 | 59.66 | 54.46 | 48.61 | 56.70 | 42.53 | 34.88 | 40.89 | 38.47 |
| Total stockholders' equity | 33.63 | 33.43 | 39.31 | 35.87 | 34.47 | 35.74 | 38.99 | 44.83 | 44.77 | 41.02 | 35.70 | 54.71 | 63.33 | 74.57 | 77.72 | 68.90 | 54.88 | 42.56 | 33.28 | 19.67 |
| Common shares outstanding | 4,275 | 4,269 | 4,370 | 4,642 | 5,012 | 5,130 | 5,128 | 5,197 | 5,197 | 5,197 | 5,197 | 5,153 | 5,153 | 5,106 | 5,247 | 5,246 | 5,365 | 5,062 | 4,885 | 4,852 |
Show Quarterly Balance Sheet
Balance Sheet - Vale S.A. (VALE)
$ (Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 5.28 | 7.60 | 6.08 | 5.70 | 4.00 | 5.01 | 4.65 | 6.54 | 3.83 | 4.26 | 4.03 | 5.03 | 4.76 | 4.80 | 5.22 | 7.23 | 9.10 | 9.10 | 12.60 | 14.60 | 14.31 | 14.26 | 8.97 | 9.47 | 8.18 | 8.18 | 9.47 | 6.45 | 5.82 | 5.82 | 6.11 | 6.39 | 5.38 | 4.35 | 4.72 | 5.73 | 6.79 | 4.28 | 5.48 | 4.31 | 3.81 | 3.62 | 4.46 | 3.26 | 3.69 | 4.12 | 8.33 | 7.07 | 7.18 | 5.32 | 7.20 | 6.26 | 6.61 | 6.08 | 8.64 | 8.64 | 4.92 | 4.98 | 8.03 | 13.23 | 11.81 | 9.38 | 9.72 | 6.24 | 11.14 | 11.04 | 13.02 | 11.19 | 12.21 | 12.64 | 15.58 | 2.15 | 2.26 | 1.05 | 2.51 | 1.77 | 3.95 | 4.45 | 2.89 | 1.89 | 1.64 |
| Accounts receivable, net | 3.71 | 3.82 | 3.73 | 3.74 | 3.24 | 3.46 | 3.72 | 2.99 | 3.07 | 5.08 | 4.71 | 4.47 | 4.04 | 5.59 | 3.01 | 2.89 | 3.96 | 3.96 | 1.70 | 5.62 | 4.13 | 5.70 | 3.80 | 3.78 | 3.40 | 3.40 | 3.23 | 3.67 | 3.90 | 3.90 | 3.74 | 3.72 | 4.04 | 5.67 | 5.96 | 5.03 | 6.69 | 5.36 | 4.54 | 4.60 | 4.18 | 2.95 | 3.74 | 4.73 | 4.36 | 5.55 | 5.48 | 7.56 | 7.65 | 7.54 | 7.76 | 7.38 | 8.82 | 8.72 | 8.71 | 8.71 | 9.79 | 9.79 | 11.29 | 10.60 | 9.40 | 9.91 | 9.03 | 7.15 | 5.55 | 4.74 | 4.66 | 3.65 | 4.48 | 5.25 | 5.98 | 6.20 | 5.23 | 5.18 | 4.60 | 4.67 | 4.30 | 4.06 | 2.56 | 2.35 | 2.00 |
| Inventories | 6.13 | 5.96 | 5.56 | 5.24 | 4.92 | 4.61 | 4.95 | 4.79 | 5.19 | 4.67 | 5.11 | 5.19 | 4.99 | 4.48 | 5.27 | 5.15 | 5.04 | 5.04 | 5.09 | 4.70 | 4.27 | 4.06 | 4.33 | 4.63 | 4.27 | 4.27 | 4.63 | 4.72 | 4.44 | 4.44 | 4.06 | 4.00 | 3.97 | 3.93 | 4.08 | 3.86 | 3.64 | 3.35 | 3.90 | 3.87 | 3.80 | 3.53 | 3.81 | 4.43 | 4.06 | 4.50 | 4.83 | 4.99 | 4.75 | 4.13 | 4.56 | 5.02 | 5.39 | 5.05 | 5.14 | 5.14 | 5.53 | 5.53 | 5.46 | 5.27 | 4.81 | 4.30 | 4.26 | 3.81 | 3.40 | 3.20 | 3.72 | 4.04 | 3.75 | 3.90 | 4.45 | 4.35 | 3.82 | 3.86 | 3.55 | 3.33 | 3.18 | 3.49 | 1.34 | 1.32 | 1.31 |
| Other current assets | 1.62 | 0.99 | 1.09 | 2.91 | 2.53 | 0.42 | 0.49 | 0.51 | 5.41 | 4.63 | 0.83 | 0.33 | 0.72 | 0.31 | 0.42 | 0.74 | 1.37 | 0.29 | 0.61 | 0.48 | 0.46 | 0.39 | 0.45 | 1.17 | 0.38 | 1.19 | 1.17 | 0.57 | 0.56 | 1.14 | 1.24 | 1.37 | 1.86 | 5.01 | 5.13 | 5.23 | 5.28 | 0.56 | 5.58 | 5.50 | 5.44 | 5.38 | 5.70 | 5.64 | 5.59 | 6.06 | 2.63 | 2.97 | 3.40 | 7.39 | 5.22 | 2.40 | 2.05 | 2.68 | 2.82 | 20.79 | 2.48 | 2.48 | 2.79 | 2.58 | 1.86 | 0.59 | 8.48 | 7.85 | 2.72 | 2.32 | 1.75 | 1.65 | 1.59 | 0.87 | 3.17 | 1.09 | 1.45 | 1.30 | 1.49 | 1.03 | 1.00 | 0.94 | 0.79 | 0.75 | 0.69 |
| Total current assets | 16.74 | 18.37 | 16.46 | 17.59 | 14.69 | 13.50 | 13.80 | 14.83 | 17.49 | 18.64 | 14.67 | 15.55 | 14.51 | 15.53 | 13.92 | 16.02 | 19.47 | 19.47 | 19.99 | 25.40 | 23.17 | 24.40 | 17.54 | 18.49 | 17.04 | 17.04 | 18.49 | 15.91 | 15.29 | 15.29 | 15.13 | 15.47 | 15.24 | 18.95 | 19.89 | 19.86 | 22.42 | 22.57 | 19.51 | 18.27 | 17.23 | 15.47 | 17.70 | 18.07 | 17.70 | 20.23 | 21.27 | 22.58 | 22.99 | 24.38 | 24.75 | 21.05 | 22.88 | 22.90 | 25.32 | 20.79 | 22.73 | 22.73 | 27.57 | 31.67 | 27.88 | 31.79 | 31.49 | 25.04 | 22.81 | 21.29 | 23.15 | 20.53 | 22.03 | 23.24 | 29.19 | 13.79 | 12.77 | 11.38 | 12.15 | 10.80 | 12.42 | 12.94 | 7.58 | 6.31 | 5.65 |
| Total non-current assets | 70.81 | 68.52 | 74.60 | 72.80 | 68.74 | 66.67 | 75.09 | 71.79 | 74.01 | 75.23 | 74.32 | 75.97 | 73.04 | 71.37 | 66.69 | 68.34 | 73.68 | 73.68 | 66.89 | 71.31 | 63.81 | 67.60 | 62.44 | 75.41 | 74.67 | 74.67 | 75.41 | 79.82 | 72.90 | 72.90 | 70.36 | 72.62 | 79.15 | 80.23 | 82.20 | 78.44 | 80.59 | 76.45 | 82.58 | 82.70 | 78.05 | 73.02 | 81.32 | 89.28 | 86.85 | 96.26 | 101.58 | 106.18 | 104.65 | 100.22 | 106.53 | 105.48 | 110.28 | 108.58 | 111.14 | 108.77 | 111.71 | 111.71 | 103.18 | 111.54 | 106.32 | 97.35 | 93.81 | 85.76 | 81.53 | 80.99 | 77.61 | 68.53 | 59.70 | 56.69 | 62.55 | 72.14 | 66.05 | 65.34 | 61.26 | 57.51 | 52.36 | 48.01 | 23.97 | 23.17 | 22.11 |
| Total assets | 87.55 | 86.88 | 91.06 | 90.38 | 83.43 | 80.25 | 88.89 | 86.62 | 91.51 | 93.87 | 88.99 | 91.52 | 87.55 | 86.89 | 80.61 | 84.36 | 93.15 | 93.15 | 86.88 | 96.72 | 86.98 | 92.01 | 79.98 | 93.90 | 91.71 | 91.71 | 93.90 | 95.73 | 88.19 | 88.19 | 85.49 | 88.09 | 94.38 | 99.18 | 102.09 | 98.31 | 103.01 | 99.01 | 102.09 | 100.97 | 95.27 | 88.49 | 99.03 | 107.35 | 104.55 | 116.49 | 122.85 | 128.75 | 127.64 | 124.60 | 131.28 | 126.53 | 133.15 | 131.48 | 136.45 | 129.56 | 134.43 | 134.43 | 130.75 | 143.21 | 134.20 | 129.14 | 125.30 | 110.80 | 104.34 | 102.28 | 100.76 | 89.06 | 81.73 | 79.93 | 91.74 | 85.93 | 78.81 | 76.72 | 73.41 | 68.32 | 64.78 | 60.95 | 31.55 | 29.48 | 27.76 |
| Total current liabilities | 13.50 | 15.94 | 13.31 | 14.47 | 13.23 | 13.11 | 15.17 | 13.74 | 15.65 | 14.61 | 13.64 | 13.56 | 12.98 | 13.89 | 12.99 | 12.12 | 14.67 | 14.67 | 16.07 | 14.34 | 11.83 | 14.59 | 10.68 | 13.43 | 13.85 | 13.85 | 13.43 | 12.83 | 9.11 | 9.11 | 9.17 | 9.19 | 9.99 | 13.11 | 10.72 | 10.58 | 11.83 | 11.23 | 10.85 | 11.55 | 11.40 | 10.55 | 10.23 | 10.36 | 10.03 | 10.74 | 10.40 | 9.53 | 8.96 | 9.61 | 11.95 | 11.11 | 11.39 | 12.59 | 10.35 | 9.22 | 10.89 | 10.89 | 12.84 | 15.61 | 12.66 | 17.91 | 15.02 | 12.21 | 10.09 | 9.18 | 8.74 | 5.79 | 6.92 | 7.24 | 9.03 | 8.60 | 9.64 | 10.08 | 6.51 | 6.19 | 7.58 | 7.31 | 3.85 | 3.65 | 2.83 |
| Total non-current liabilities | 36.53 | 36.47 | 35.56 | 35.41 | 33.83 | 32.53 | 34.00 | 34.49 | 36.93 | 38.44 | 35.86 | 37.67 | 35.69 | 35.65 | 32.95 | 35.26 | 39.99 | 39.99 | 36.72 | 40.02 | 39.73 | 42.59 | 36.09 | 37.79 | 38.88 | 38.88 | 37.79 | 39.57 | 34.25 | 34.25 | 34.68 | 36.01 | 38.59 | 41.30 | 44.89 | 45.82 | 47.61 | 46.76 | 49.41 | 47.94 | 45.10 | 42.24 | 44.30 | 47.12 | 46.21 | 49.43 | 49.07 | 50.87 | 50.78 | 50.05 | 43.72 | 43.72 | 44.23 | 43.02 | 42.03 | 38.43 | 38.80 | 38.80 | 37.68 | 39.11 | 40.98 | 38.79 | 37.47 | 34.17 | 32.51 | 32.60 | 32.01 | 30.27 | 28.27 | 27.65 | 29.50 | 32.66 | 31.60 | 30.80 | 30.27 | 30.68 | 32.35 | 31.16 | 7.63 | 7.59 | 7.45 |
| Total liabilities | 50.03 | 52.41 | 48.86 | 49.87 | 47.07 | 45.69 | 49.17 | 48.23 | 52.58 | 53.04 | 49.50 | 51.23 | 48.67 | 49.54 | 45.94 | 47.38 | 54.66 | 54.66 | 52.79 | 54.36 | 51.56 | 57.19 | 46.77 | 51.22 | 52.72 | 52.72 | 51.22 | 52.41 | 43.36 | 43.36 | 43.85 | 45.20 | 48.58 | 54.41 | 55.61 | 56.40 | 59.44 | 57.99 | 60.26 | 59.49 | 56.50 | 52.79 | 54.52 | 57.48 | 56.23 | 60.17 | 59.46 | 60.40 | 59.74 | 59.66 | 55.68 | 54.83 | 55.62 | 55.60 | 52.37 | 47.65 | 49.69 | 49.69 | 50.52 | 54.71 | 53.63 | 56.70 | 52.48 | 46.38 | 42.60 | 41.78 | 40.75 | 36.05 | 35.19 | 34.88 | 38.52 | 41.26 | 41.24 | 40.89 | 36.79 | 36.87 | 39.93 | 38.47 | 11.48 | 11.24 | 10.28 |
| Total stockholders' equity | 36.62 | 33.63 | 40.96 | 39.26 | 35.21 | 33.43 | 38.30 | 36.97 | 37.40 | 39.31 | 37.99 | 38.81 | 37.35 | 35.87 | 33.20 | 35.50 | 37.64 | 37.64 | 33.32 | 41.66 | 36.41 | 35.74 | 34.50 | 42.01 | 40.07 | 40.07 | 42.01 | 42.58 | 43.99 | 43.99 | 40.78 | 41.95 | 44.70 | 43.46 | 45.01 | 40.47 | 42.04 | 39.04 | 39.72 | 39.37 | 36.74 | 33.59 | 42.26 | 48.80 | 47.17 | 54.71 | 62.10 | 67.10 | 66.39 | 63.33 | 74.20 | 70.26 | 76.00 | 74.24 | 82.15 | 80.29 | 82.44 | 82.44 | 77.14 | 85.02 | 77.01 | 68.90 | 69.32 | 60.21 | 58.22 | 56.94 | 56.55 | 49.88 | 43.83 | 42.56 | 50.31 | 41.71 | 35.02 | 33.28 | 33.55 | 29.09 | 22.14 | 19.67 | 18.88 | 17.21 | 16.56 |
| Common shares outstanding | 4,275 | 4,269 | 4,275 | 4,274 | 4,274 | 4,269 | 4,275 | 4,280 | 4,280 | 4,321 | 4,318 | 4,738 | 4,457 | 4,554 | 4,554 | 4,673 | 4,812 | 4,812 | 5,085 | 5,102 | 5,135 | 5,130 | 5,130 | 5,181 | 5,207 | 5,207 | 5,181 | 5,182 | 5,186 | 5,186 | 5,180 | 5,197 | 5,197 | 5,140 | 5,197 | 5,197 | 5,197 | 5,153 | 5,186 | 5,153 | 5,153 | 5,153 | 5,153 | 5,153 | 5,153 | 5,136 | 5,153 | 5,153 | 5,153 | 5,153 | 5,153 | 5,153 | 5,153 | 5,153 | 5,153 | 5,098 | 5,163 | 5,163 | 5,098 | 5,289 | 5,218 | 5,218 | 5,353 | 5,365 | 5,201 | 5,365 | 5,299 | 5,300 | 5,365 | 5,300 | 5,300 | 5,300 | 5,315 | 4,919 | 4,919 | 4,842 | 4,832 | 4,832 | 4,848 | 4,863 | 4,606 |