• VALE S.A average return on equity for 2023 was 29.1, a 46.16% decline from 2022.
• VALE S.A average return on equity for 2022 was 54.05, a 14.83% decline from 2021.
• VALE S.A average return on equity for 2021 was 47.07, a 626.39% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.