Vale S.A. / Estimates

    Fiscal Year Revenue Net income Net margin Free cash flow FCF margin
    (estimated) €36.44B +2.2% €9.29B +20.8% 25.5% +0.039 pp €4.40B -4.8% 12.1% -0.0088 pp
    (estimated) €35.67B +4.8% €7.69B +18.1% 21.6% +0.024 pp €4.62B +9.0% 13.0% +0.0050 pp
    (estimated) €34.04B +0.4% €6.51B -0.2% 19.1% -0.0011 pp €4.24B +4.2% 12.4% +0.0046 pp
    (estimated) €33.92B +5.0% €6.52B -2.1% 19.2% -0.014 pp €4.07B +20.9% 12.0% +0.016 pp
    (estimated) €32.31B -0.1% €6.66B +26.7% 20.6% +0.044 pp €3.36B -75.3% 10.4% -0.32 pp
    €32.34B -10.2% €5.26B -23.5% 16.3% -0.028 pp €13.62B -17.1% 42.1% -0.035 pp
    €36.00B -4.7% €6.88B -57.5% 19.1% -0.24 pp €16.44B +12.7% 45.7% +0.071 pp
    €37.77B -19.6% €16.19B -16.3% 42.9% +0.017 pp €14.59B -44.9% 38.6% -0.18 pp
    €46.96B +36.2% €19.34B +359.8% 41.2% +0.29 pp €26.46B +65.6% 56.4% +0.10 pp
    €34.48B +6.5% €4.21B -323.9% 12.2% +0.18 pp €15.98B +19.1% 46.4% +0.049 pp
    €32.37B +2.7% -€1.88B -131.8% -5.8% -0.25 pp €13.42B -6.7% 41.5% -0.042 pp
    €31.51B +7.7% €5.91B +24.6% 18.8% +0.025 pp €14.37B +2.5% 45.6% -0.023 pp
    €29.26B +23.6% €4.74B +38.3% 16.2% +0.017 pp €14.03B +43.4% 47.9% +0.066 pp
    €23.68B +7.3% €3.43B -132.8% 14.5% +0.62 pp €9.78B -5.8% 41.3% -0.057 pp
    €22.06B -33.0% -€10.45B -1,946.1% -47.4% -0.49 pp €10.38B -51.6% 47.0% -0.18 pp
    €32.94B -18.2% €566.04M +12.5% 1.7% +0.0047 pp €21.44B -10.8% 65.1% +0.054 pp
    €40.29B -1.9% €503.14M -89.1% 1.2% -0.10 pp €24.03B -11.3% 59.7% -0.063 pp
    €41.09B -19.1% €4.63B -76.5% 11.3% -0.28 pp €27.10B -20.0% 66.0% -0.0070 pp
    €50.82B +30.2% €19.72B +32.6% 38.8% +0.0068 pp €33.88B +23.5% 66.7% -0.036 pp
    €39.02B +62.9% €14.87B +193.9% 38.1% +0.17 pp €27.42B +109.0% 70.3% +0.15 pp
    €23.95B -25.7% €5.06B -55.6% 21.1% -0.14 pp €13.12B -41.6% 54.8% -0.15 pp
    €32.24B +16.1% €11.39B +11.8% 35.3% -0.014 pp €22.47B +47.7% 69.7% +0.15 pp
    €27.78B +64.1% €10.19B +81.1% 36.7% +0.035 pp €15.22B +51.4% 54.8% -0.046 pp
    €16.93B +35.1% €5.62B +46.0% 33.2% +0.025 pp €10.05B +27.6% 59.4% -0.035 pp
    €12.53B +80.4% €3.85B +73.7% 30.7% -0.012 pp €7.87B +66.4% 62.8% -0.053 pp
    €6.95B +50.8% €2.22B +66.2% 31.9% +0.030 pp €4.73B +66.5% 68.1% +0.064 pp
    €4.61B +29.8% €1.33B +127.6% 28.9% +0.12 pp €2.84B +15.1% 61.7% -0.079 pp
    €3.55B +3.3% €585.85M -47.2% 16.5% -0.16 pp €2.47B +35.7% 69.6% +0.17 pp
    €3.44B +1.4% €1.11B +18.5% 32.3% +0.047 pp €1.82B +12.9% 53.0% +0.054 pp
    €3.39B €935.64M 27.6% €1.61B 47.5%

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