Vale S.A. (VALE3) — Capital Reinvestment Ratio
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 VALE3 equity financing ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Vale S.A. Capital Reinvestment Ratio (2000–2025)
This chart tracks Vale S.A.'s Capital Reinvestment Ratio across 26 annual periods. Check Vale S.A. total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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. stock valuation.
| 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 | — |