VALE Q2 2024 Earnings — Vale S.A. Revenue & Financial Results | Market Cap Arena

VALEVale S.A.

$67B

Q2 2024 Earnings

Basic Materials Industrial Materials

Income Statement

Revenue

$9.9B+2.6% YoY

Gross Profit

$3.6B36.0% margin

Operating Income

$3.9B39.1% margin

Net Income

$2.8B27.9% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+17.3%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

-$117M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$86.6B

Total Liabilities

$48.2B

Stockholders' Equity

$37.0B

Cash & Equivalents

$6.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.9B	$9.7B	+2.6%
Gross Profit	$3.6B	$3.7B	-4.3%
Operating Income	$3.9B	$2.9B	+34.9%
Net Income	$2.8B	$892M	+210.4%