VALE S.A Gross Margin 2010-2024 | VALE
- VALE S.A average gross margin for 2023 was 40.71%, a 20.15% decline from 2022.
- VALE S.A average gross margin for 2022 was 50.98%, a 18.87% decline from 2021.
- VALE S.A average gross margin for 2021 was 62.84%, a 34.02% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.