Value20202021202220232024TTMSelling/general/admin expenses554 M481 M515 M553 M622 M—Research & development443 M549 M660 M723 M790 M—Operating income10.84 B27.69 B17.21 B14.21 B10.79 B—Non-Operating Income, Total——————Interest expense, net of interest capitalized——————Non-Operating Income, excl. Interest Expenses——————Unusual income/expense——————Pretax income4.97 B29.54 B19.78 B11.15 B6.7 B—Equity in earnings——————Taxes438 M4.7 B2.97 B3.05 B721 M—Non-controlling/minority interest350 M23 M82 M122 M191 M—After tax other income/expense——————Net income before discontinued operations4.44 B20.09 B16.81 B8.11 B5.97 B—Discontinued operations92 M2.38 B2.06 B0——Net income4.53 B22.47 B18.87 B8.11 B5.97 B—Dilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders——————Basic earnings per share (Basic EPS)——————Diluted earnings per share (Diluted EPS)——————Average basic shares outstanding——————Diluted shares outstanding——————EBITDA15.83 B30.75 B19.1 B———EBIT13.09 B28.12 B16.43 B———Cost of revenue19.04 B21.73 B24.03 B24.09 B24.27 B—Other cost of goods sold——————Depreciation & amortization (cash flow)2.75 B2.63 B2.67 B2.84 B2.81 B—
VALE S.A. American Depositary Shares Each Representing one comm
Vale, formerly Companhia Vale do Rio Doce, is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world. It also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, and cobalt; as of 2014 the company operated nine hydroelectricity plants, and a large network of railroads, ships, and ports used to transport its products.
The company has had two catastrophic tailings dam failures in Brazil: Mariana, in 2015, and Brumadinho, in 2019; the Brumadinho dam disaster caused the company to lose its license to operate eight tailings dams in Minas Gerais, and its stock to drop nearly 25 percent in price.