VALE vs. MO

Last updated Apr 1, 2026

Compare and contrast key facts about Vale S.A. (VALE) and Altria Group, Inc. (MO).

Performance

VALE vs. MO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vale S.A. (VALE) and Altria Group, Inc. (MO). The values are adjusted to include any dividend payments, if applicable.

VALE vs. MO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VALE Vale S.A.	22.10%	60.70%	-38.83%	1.57%	32.54%	-1.45%	32.40%	2.72%	12.25%	68.03%
MO Altria Group, Inc.	16.36%	18.17%	40.76%	-3.70%	4.37%	24.18%	-10.21%	7.87%	-27.14%	9.45%

Fundamentals

Market Cap VALE : $67.92B MO : $110.67B
EPS VALE : $0.54 MO : $4.13
PE Ratio VALE : 29.65 MO : 15.97
PS Ratio VALE : 1.77 MO : 5.31
Total Revenue (TTM) VALE : $38.39B MO : $20.91B
Gross Profit (TTM) VALE : $13.26B MO : $14.54B
EBITDA (TTM) VALE : $13.88B MO : $10.70B

Returns By Period

In the year-to-date period, VALE achieves a 22.10% return, which is significantly higher than MO's 16.36% return. Over the past 10 years, VALE has outperformed MO with an annualized return of 21.95%, while MO has yielded a comparatively lower 7.47% annualized return.

VALE

• 1D: 5.36%
• 1M: -7.39%
• YTD: 22.10%
• 6M: 49.12%
• 1Y: 67.78%
• 3Y*: 8.64%
• 5Y*: 8.31%
• 10Y*: 21.95%

MO

• 1D: -1.54%
• 1M: -2.82%
• YTD: 16.36%
• 6M: 3.43%
• 1Y: 17.68%
• 3Y*: 23.20%
• 5Y*: 13.81%
• 10Y*: 7.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

VALE vs. MO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VALE

VALE Risk / Return Rank: 89
VALE Sharpe Ratio Rank: 91
VALE Sortino Ratio Rank: 88
VALE Omega Ratio Rank: 87
VALE Calmar Ratio Rank: 88
VALE Martin Ratio Rank: 91

MO

MO Risk / Return Rank: 67
MO Sharpe Ratio Rank: 71
MO Sortino Ratio Rank: 62
MO Omega Ratio Rank: 63
MO Calmar Ratio Rank: 69
MO Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VALE vs. MO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vale S.A. (VALE) and Altria Group, Inc. (MO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	VALE	MO	Difference
Sharpe ratio Return per unit of total volatility	2.07	0.84	+1.23
Sortino ratio Return per unit of downside risk	2.61	1.20	+1.41
Omega ratio Gain probability vs. loss probability	1.35	1.17	+0.18
Calmar ratio Return relative to maximum drawdown	3.36	1.31	+2.05
Martin ratio Return relative to average drawdown	11.28	3.34	+7.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VALE vs. MO - Sharpe Ratio Comparison

The current VALE Sharpe Ratio is 2.07, which is higher than the MO Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of VALE and MO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VALE	MO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	0.84	+1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.68	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.33	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.56	-0.25

Correlation

The correlation between VALE and MO is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VALE vs. MO - Dividend Comparison

VALE's dividend yield for the trailing twelve months is around 3.61%, less than MO's 6.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VALE Vale S.A.	3.61%	7.29%	11.41%	7.75%	8.63%	19.70%	2.72%	2.63%	4.16%	3.77%	1.06%	7.48%
MO Altria Group, Inc.	6.36%	7.21%	7.65%	9.52%	8.05%	7.43%	8.29%	6.57%	6.07%	3.56%	3.48%	3.73%

Drawdowns

VALE vs. MO - Drawdown Comparison

The maximum VALE drawdown since its inception was -92.78%, which is greater than MO's maximum drawdown of -81.02%. Use the drawdown chart below to compare losses from any high point for VALE and MO.

Drawdown Indicators

	VALE	MO	Difference
Max Drawdown Largest peak-to-trough decline	-92.78%	-81.02%	-11.76%
Max Drawdown (1Y) Largest decline over 1 year	-19.85%	-16.40%	-3.45%
Max Drawdown (5Y) Largest decline over 5 years	-49.79%	-25.83%	-23.96%
Max Drawdown (10Y) Largest decline over 10 years	-57.60%	-53.69%	-3.91%
Current Drawdown Current decline from peak	-9.24%	-3.74%	-5.50%
Average Drawdown Average peak-to-trough decline	-36.95%	-17.45%	-19.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.92%	6.43%	-0.51%

Volatility

VALE vs. MO - Volatility Comparison

Vale S.A. (VALE) has a higher volatility of 13.54% compared to Altria Group, Inc. (MO) at 5.97%. This indicates that VALE's price experiences larger fluctuations and is considered to be riskier than MO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VALE	MO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.54%	5.97%	+7.57%
Volatility (6M) Calculated over the trailing 6-month period	24.51%	16.64%	+7.87%
Volatility (1Y) Calculated over the trailing 1-year period	32.86%	21.34%	+11.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.65%	20.45%	+15.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.24%	22.72%	+19.52%

Financials

VALE vs. MO - Profitability Comparison

The chart below illustrates the profitability comparison between Vale S.A. and Altria Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VALE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Vale S.A. reported a gross profit of 4.08B and revenue of 11.06B. Therefore, the gross margin over that period was 36.9%.

MO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Altria Group, Inc. reported a gross profit of 3.63B and revenue of 5.85B. Therefore, the gross margin over that period was 62.1%.

VALE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Vale S.A. reported an operating income of 2.91B and revenue of 11.06B, resulting in an operating margin of 26.3%.

MO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Altria Group, Inc. reported an operating income of 1.65B and revenue of 5.85B, resulting in an operating margin of 28.2%.

VALE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Vale S.A. reported a net income of -3.90B and revenue of 11.06B, resulting in a net margin of -35.3%.

MO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Altria Group, Inc. reported a net income of 1.12B and revenue of 5.85B, resulting in a net margin of 19.1%.