VALE Q2 2023 Earnings — Vale S.A. Revenue & Financial Results | Market Cap Arena

VALEVale S.A.

$67B

Q2 2023 Earnings

Basic Materials Industrial Materials

Income Statement

Revenue

$9.7B-13.3% YoY

Gross Profit

$3.7B38.6% margin

Operating Income

$2.9B29.7% margin

Net Income

$892M9.2% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+14.7%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$692M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$91.5B

Total Liabilities

$51.2B

Stockholders' Equity

$38.8B

Cash & Equivalents

$5.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.7B	$11.2B	-13.3%
Gross Profit	$3.7B	$5.2B	-28.3%
Operating Income	$2.9B	$4.3B	-33.1%
Net Income	$892M	$6.2B	-85.5%