Vale S.A. (VALE3) — Capital Reinvestment Ratio
Latest as of December 2025:
0.75x
Vale S.A. (VALE3) has a Capital Reinvestment Ratio of 0.75x as of December 2025, meaning it reinvests 1% of its operating cash flow (R$2.86 Billion) in capital expenditures (R$2.15 Billion). See how much free cash does Vale S.A. generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.75x
Capex / Operating Cash Flow
Operating Cash Flow
R$2.86 Billion
BRL
Capital Expenditures
R$2.15 Billion
BRL
Data as of
Dec 2025
Most recent filing
Vale S.A. Capital Reinvestment Ratio (2000–2025)
This chart tracks Vale S.A.'s Capital Reinvestment Ratio across 26 annual periods.
Annual Capital Reinvestment Ratio for Vale S.A. (2000–2025)
Year-by-year Capital Reinvestment Ratio for Vale S.A. from 2000 to 2025. For live market cap and broader valuation context, see Vale S.A. (VALE3) total market value.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.66x | R$9.19 Billion | R$6.08 Billion | ▼ -4.6% |
| 2024 | 0.69x | R$8.17 Billion | R$5.66 Billion | ▲ +53.8% |
| 2023 | 0.45x | R$13.61 Billion | R$6.13 Billion | ▼ -5.0% |
| 2022 | 0.47x | R$11.48 Billion | R$5.45 Billion | ▲ +141.9% |
| 2021 | 0.20x | R$25.68 Billion | R$5.03 Billion | ▼ -36.6% |
| 2020 | 0.31x | R$14.32 Billion | R$4.43 Billion | ▲ +8.1% |
| 2019 | 0.29x | R$12.11 Billion | R$3.46 Billion | ▼ -2.5% |
| 2018 | 0.29x | R$12.90 Billion | R$3.78 Billion | ▼ -4.7% |
| 2017 | 0.31x | R$12.45 Billion | R$3.83 Billion | ▼ -60.2% |
| 2016 | 0.77x | R$6.40 Billion | R$4.95 Billion | ▼ -62.5% |
| 2015 | 2.06x | R$3.93 Billion | R$8.11 Billion | ▲ +129.6% |
| 2014 | 0.90x | R$13.10 Billion | R$11.78 Billion | ▲ +1.4% |
| 2013 | 0.89x | R$14.79 Billion | R$13.11 Billion | ▼ -6.7% |
| 2012 | 0.95x | R$16.14 Billion | R$15.32 Billion | ▲ +40.4% |
| 2011 | 0.68x | R$23.46 Billion | R$15.86 Billion | ▲ +2.6% |
| 2010 | 0.66x | R$19.18 Billion | R$12.65 Billion | ▼ -41.9% |
| 2009 | 1.13x | R$7.14 Billion | R$8.10 Billion | ▲ +116.4% |
| 2008 | 0.52x | R$17.11 Billion | R$8.97 Billion | ▼ -13.2% |
| 2007 | 0.60x | R$11.01 Billion | R$6.65 Billion | ▼ -1.4% |
| 2006 | 0.61x | R$7.23 Billion | R$4.43 Billion | ▼ -20.5% |
| 2005 | 0.77x | R$5.16 Billion | R$3.98 Billion | ▲ +32.3% |
| 2004 | 0.58x | R$3.47 Billion | R$2.02 Billion | ▼ -33.7% |
| 2003 | 0.88x | R$1.76 Billion | R$1.54 Billion | ▲ +141.0% |
| 2002 | 0.36x | R$2.10 Billion | R$766.00 Million | ▼ -7.0% |
| 2001 | 0.39x | R$1.52 Billion | R$595.00 Million | ▲ +24.9% |
| 2000 | 0.31x | R$1.42 Billion | R$447.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow