VALE Q1 2024 Earnings — Vale S.A. Revenue & Financial Results | Market Cap Arena

VALEVale S.A.

$67B

Q1 2024 Earnings

Basic Materials Industrial Materials

Income Statement

Revenue

$8.5B+0.3% YoY

Gross Profit

$3.1B36.6% margin

Operating Income

$2.4B28.9% margin

Net Income

$1.7B19.8% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-35.0%

Cash Flow

Operating Cash Flow

$3.6B

Free Cash Flow

$2.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$91.5B

Total Liabilities

$52.6B

Stockholders' Equity

$37.4B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.5B	$8.4B	+0.3%
Gross Profit	$3.1B	$3.5B	-11.3%
Operating Income	$2.4B	$2.9B	-15.0%
Net Income	$1.7B	$1.8B	-8.6%