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Buenaventura Mining vs Vale: revenue, profit, margins and growth compared

Buenaventura Mining brought in $1.2B of revenue in fiscal 2024, Vale $38.4B in fiscal 2025. Revenue changed by +40.4% at Buenaventura Mining and +0.9% at Vale on the year before, so Buenaventura Mining grew faster. Buenaventura Mining kept 34.7% of its revenue as net profit, Vale 6.1%.

Side by side, latest fiscal year

BVNVALE
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$1.2B$38.4B
Revenue growth+40.4%+0.9%
Net income$402.7M$2.4B
Net margin34.7%6.1%
Free cash flow$148.3Mn/a
Free cash flow margin12.8%n/a
Earnings per share (diluted)$1.59n/a
Cash$478.4M$7.4B
Debtn/an/a
Price to earningsn/an/a
Market value$8.4B$58.1B
Dividend yieldn/an/a
Rank by revenue in sector#38 of 71 · Basic materials#1 of 71 · Basic materials

Over the years

Revenue
BVN FY2017: $1.2BBVN FY2018: $1.2BBVN FY2019: $867.9MBVN FY2019: $676.5MBVN FY2021: $961.4MBVN FY2022: $824.8MBVN FY2023: $826.6MBVN FY2024: $1.2BVALE FY2018: $36.6BVALE FY2019: $36.5BVALE FY2020: $39.5BVALE FY2021: $54.5BVALE FY2022: $43.8BVALE FY2023: $41.8BVALE FY2024: $38.1BVALE FY2025: $38.4BFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $1.2BVALE $38.4B
Net income
BVN FY2017: $60.8MBVN FY2018: -$13.4MBVN FY2019: -$12.2MBVN FY2019: -$135.7MBVN FY2021: -$264.1MBVN FY2022: $602.6MBVN FY2023: $19.9MBVN FY2024: $402.7MVALE FY2018: $6.9BVALE FY2019: -$1.7BVALE FY2020: $4.9BVALE FY2021: $22.4BVALE FY2022: $18.8BVALE FY2023: $8BVALE FY2024: $6.2BVALE FY2025: $2.4BFY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN $402.7MVALE $2.4B
Net margin
BVN FY2017: 4.9%BVN FY2018: -1.2%BVN FY2019: -1.4%BVN FY2019: -20.1%BVN FY2021: -27.5%BVN FY2022: 73.1%BVN FY2023: 2.4%BVN FY2024: 34.7%VALE FY2018: 18.8%VALE FY2019: -4.6%VALE FY2020: 12.3%VALE FY2021: 41.2%VALE FY2022: 42.9%VALE FY2023: 19.1%VALE FY2024: 16.2%VALE FY2025: 6.1%FY17FY18FY19FY20FY21FY22FY23FY24FY25
BVN 34.7%VALE 6.1%
Revenue growth
BVN FY2018: -6.6%BVN FY2019: -25.0%BVN FY2019: -22.0%BVN FY2021: +42.1%BVN FY2022: -14.2%BVN FY2023: +0.2%BVN FY2024: +40.4%VALE FY2019: -0.1%VALE FY2020: +8.2%VALE FY2021: +37.8%VALE FY2022: -19.6%VALE FY2023: -4.7%VALE FY2024: -8.9%VALE FY2025: +0.9%FY18FY19FY20FY21FY22FY23FY24FY25
BVN +40.4%VALE +0.9%
Free cash flow
BVN FY2017: -$46.9MBVN FY2018: $235MBVN FY2019: -$33.6MBVN FY2019: $51.3MBVN FY2021: -$323.8MBVN FY2022: -$110.3MBVN FY2023: -$11.6MBVN FY2024: $148.3MFY17FY18FY19FY21FY22FY23FY24
BVN $148.3MVALE

Fiscal years as each company reports them; the two may end in different months.

Questions about Buenaventura Mining and Vale

Which is bigger by revenue, Buenaventura Mining or Vale?

Vale is bigger by revenue: $38.4B in fiscal 2025, against $1.2B for Buenaventura Mining in fiscal 2024.

Which keeps more of its revenue as profit, Buenaventura Mining or Vale?

Buenaventura Mining had a net margin of 34.7% in fiscal 2024; Vale had 6.1% in fiscal 2025.

Which grew revenue faster, Buenaventura Mining or Vale?

In their latest fiscal years revenue changed by +40.4% at Buenaventura Mining and +0.9% at Vale.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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