VALE S.A Return On Tangible Equity 2010-2025 | VALE
- VALE S.A average return on tangible equity for 2024 was 29.16, a 26.84% decline from 2023.
- VALE S.A average return on tangible equity for 2023 was 39.86, a 45.58% decline from 2022.
- VALE S.A average return on tangible equity for 2022 was 73.25, a 18.22% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.