• VALE S.A average return on assets for 2023 was 12.73, a 43.42% decline from 2022.
• VALE S.A average return on assets for 2022 was 22.5, a 17.62% decline from 2021.
• VALE S.A average return on assets for 2021 was 19.13, a 632.95% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.