ArcelorMittal (MT) Financials

$27.22 +0.30 (+1.11%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$27.25 +0.03 (+0.11%)

As of 04/17/2025 04:06 PM Eastern

Annual Income Statements for ArcelorMittal

This table shows ArcelorMittal's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-8,900	1,689	4,582	5,511	1,932	-423	16,174	9,774	1,125	1,421
Consolidated Net Income / (Loss)	-8,423	1,734	4,575	5,330	2,454	-578	15,565	9,538	1,022	1,380
Net Income / (Loss) Continuing Operations	-8,423	1,734	4,575	5,330	6,374	-578	15,565	9,538	1,022	1,380
Total Pre-Tax Income	-7,521	2,720	5,007	4,981	6,374	1,088	18,025	11,255	1,260	2,915
Total Operating Income	-4,161	4,161	5,434	6,539	6,027	2,110	16,976	10,272	935	3,310
Total Gross Profit	-1,618	6,363	7,803	9,008	1,728	4,132	19,234	12,535	4,737	5,788
Total Revenue	63,578	56,791	68,679	76,033	77,269	53,270	76,571	79,844	68,275	62,441
Operating Revenue	63,578	56,791	68,679	76,033	77,269	53,270	76,571	79,844	68,275	62,441
Total Cost of Revenue	65,196	50,428	60,876	67,025	68,887	49,138	57,337	67,309	63,538	56,653
Operating Cost of Revenue	65,196	50,428	60,876	67,025	68,887	49,138	57,337	67,309	63,538	56,653
Total Operating Expenses	2,543	2,202	2,369	2,469	2,355	2,022	2,258	2,263	3,802	2,478
Selling, General & Admin Expense	2,543	2,202	2,369	2,469	2,355	2,022	2,258	2,263	2,397	2,478
Total Other Income / (Expense), net	-3,360	-1,441	-427	-1,558	347	-1,022	1,049	983	325	-395
Interest Expense	2,858	2,056	875	2,210	-	1,256	1,155	334	859	1,174
Interest & Investment Income	-502	615	448	652	347	234	2,204	1,317	1,184	779
Income Tax Expense	902	986	432	-349	-	1,666	2,460	1,717	238	1,535
Net Income / (Loss) Attributable to Noncontrolling Interest	477	45	-7.00	-181	-	-155	-609	-236	-103	-41
Basic Earnings per Share	($10.29)	$1.87	$4.48	$5.07	-	($0.64)	$13.53	$10.21	-	$1.70
Weighted Average Basic Shares Outstanding	772M	953M	1.02B	1.02B	1.01B	1.14B	1.11B	911M	1.64B	788M
Diluted Earnings per Share	($10.29)	$1.86	$4.46	$5.04	-	($0.64)	$13.49	$10.18	$1.09	$1.69
Weighted Average Diluted Shares Outstanding	772M	955M	1.02B	1.02B	1.01B	1.14B	1.11B	914M	1.64B	791M
Weighted Average Basic & Diluted Shares Outstanding	-	-	1.02B	1.01B	1.01B	1.08B	1.82B	805.34M	1.64B	768.55M

No quarterly income statements for ArcelorMittal are available.

This table details how cash moves in and out of ArcelorMittal's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	376	3,192	7,117	6,460	2,707	573	14,955	7,698	-1,869	-815
Net Cash From Operating Activities	4,350	2,160	5,825	4,987	6,017	4,308	14,533	10,183	7,645	3,741
Net Cash From Continuing Operating Activities	4,350	2,160	5,825	4,987	15,917	4,308	14,533	10,183	7,637	3,741
Net Income / (Loss) Continuing Operations	-8,423	1,734	4,575	5,330	2,454	-578	15,565	9,538	1,022	1,380
Consolidated Net Income / (Loss)	-8,423	1,734	4,575	5,330	2,454	-578	15,565	9,538	1,022	1,380
Depreciation Expense	3,192	2,721	2,768	2,799	3,067	2,960	2,523	2,580	2,675	2,632
Non-Cash Adjustments To Reconcile Net Income	8,562	-3,364	-2,153	-3,556	4,690	1,114	-7,540	-1,839	3,299	-1,383
Changes in Operating Assets and Liabilities, net	-29	1,069	635	414	5,706	812	3,985	-96	641	1,112
Net Cash From Investing Activities	-2,707	-423	-426	-626	3,824	-2,439	707	-2,256	-5,848	-5,189
Net Cash From Continuing Investing Activities	-2,707	-423	-426	-626	5,092	-2,439	707	-2,256	-7,126	-5,189
Purchase of Property, Plant & Equipment	-	-	-	-	3,572	-2,439	-	-	-4,613	-3,837
Acquisitions	0.00	192	22	26	801	0.00	-29	-939	-2,524	-1,352
Net Cash From Financing Activities	392	1,455	1,718	2,099	514	-1,339	-285	-229	-3,666	762
Net Cash From Continuing Financing Activities	392	1,455	1,718	2,099	12,230	-1,339	-285	-229	-1,865	762
Repayment of Debt	-	-	-	-	5,436	-3,148	-	-	-1,686	-1,142
Payment of Dividends	416	-61	-141	-220	332	-181	-572	-663	-531	-580
Issuance of Debt	6,790	1,516	1,859	2,319	6,372	1,990	287	434	352	2,484
Cash Interest Paid	1,561	-	-	-	-	604	-	-	-	799
Cash Interest Received	89	60	57	67	-	69	73	178	-	358
Cash Income Taxes Paid	398	-	-	-	-	705	-	-	-	763

No quarterly cash flow statements for ArcelorMittal are available.

This table presents ArcelorMittal's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	75,142	85,297	91,249	87,908	82,052	90,512	94,547	93,917	89,385
Total Current Assets	22,247	26,745	32,475	28,616	27,973	34,939	37,118	33,240	29,382
Cash & Equivalents	2,501	2,574	2,172	4,867	5,600	4,215	9,300	7,686	6,400
Restricted Cash	114	212	182	128	363	156	114	97	84
Accounts Receivable	2,974	3,863	4,432	3,569	3,072	5,143	3,839	3,661	3,375
Inventories, net	14,734	18,165	22,855	17,296	16,657	19,858	20,087	18,759	16,501
Prepaid Expenses	1,665	1,931	2,834	2,756	2,281	5,567	3,778	3,037	3,022
Plant, Property, & Equipment, net	34,405	36,971	35,638	36,231	0.00	30,075	0.00	-588	0.00
Total Noncurrent Assets	16,543	21,581	23,136	23,061	23,457	25,498	27,262	60,677	26,692
Long-Term Investments	3,702	6,555	5,761	7,301	9,797	11,465	11,884	10,591	11,719
Intangible Assets	-	5,737	5,728	5,432	4,312	4,425	4,903	-	4,453
Noncurrent Deferred & Refundable Income Taxes	5,837	7,055	8,287	8,680	7,866	8,147	8,554	9,469	8,942
Other Noncurrent Operating Assets	1,353	2,234	3,360	1,648	1,482	1,461	1,921	35,515	1,578
Total Liabilities & Shareholders' Equity	75,142	85,297	91,249	87,908	82,052	90,512	94,547	93,917	89,385
Total Liabilities	42,817	44,442	47,141	47,425	41,815	39,168	38,957	37,849	38,099
Total Current Liabilities	17,594	21,410	23,455	21,287	22,667	24,167	22,398	21,181	21,825
Short-Term Debt	1,885	2,785	3,167	2,869	2,507	1,913	2,583	2,312	2,748
Accounts Payable	11,633	13,428	13,981	12,614	11,525	15,093	13,532	13,605	12,921
Accrued Expenses	3,943	4,505	4,709	4,910	4,197	4,831	4,864	4,967	4,738
Current Deferred & Payable Income Tax Liabilities	133	232	238	378	464	1,266	318	297	480
Other Current Liabilities	-	460	1,360	516	3,974	1,064	1,101	-	938
Total Noncurrent Liabilities	41,391	23,032	23,686	26,138	19,148	15,001	16,559	-2,862	16,274
Long-Term Debt	11,789	10,143	9,316	11,471	9,815	6,488	9,067	8,369	8,815
Asset Retirement Reserve & Litigation Obligation	-	-	-	-	-	-18,072	-19,867	-18,942	-23,407
Noncurrent Deferred & Payable Income Tax Liabilities	2,529	2,684	2,374	2,331	1,832	2,369	2,666	2,432	2,338
Noncurrent Employee Benefit Liabilities	8,297	7,630	6,982	7,343	4,656	3,772	2,606	2,741	2,338
Other Noncurrent Operating Liabilities	18,681	2,575	5,014	4,993	2,845	2,372	2,220	2,538	2,783
Total Equity & Noncontrolling Interests	94,785	40,855	44,108	40,483	393	51,344	55,590	75,010	51,286
Total Preferred & Common Equity	62,460	38,789	42,086	38,521	38,280	66,669	72,510	72,903	72,630
Total Common Equity	62,460	38,789	42,086	38,521	59,115	66,669	72,510	53,961	72,630
Common Stock	35,227	35,249	35,258	35,190	35,640	32,153	28,963	27,488	27,493
Retained Earnings	16,049	20,635	25,611	22,883	22,097	36,702	45,442	46,264	47,254
Treasury Stock	-371	-362	-569	-602	538	-2,186	-1,895	-849	-2,117
Noncontrolling Interest	32,325	2,066	2,022	1,962	1,957	2,238	2,438	2,107	2,063

No quarterly balance sheets for ArcelorMittal are available.

This table displays calculated financial ratios and metrics derived from ArcelorMittal's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-10.68%	20.93%	10.71%	1.63%	-31.06%	43.74%	4.27%	-14.49%	-8.54%
EBITDA Growth	0.00%	810.22%	19.18%	13.85%	-2.61%	-44.25%	284.60%	-34.09%	-71.91%	64.60%
EBIT Growth	0.00%	200.00%	30.59%	20.33%	-7.83%	-64.99%	704.55%	-39.49%	-90.90%	254.01%
NOPAT Growth	0.00%	191.07%	87.18%	40.93%	-13.87%	-118.60%	1,407.76%	-40.62%	-91.29%	106.62%
Net Income Growth	0.00%	120.59%	163.84%	16.50%	-53.96%	-123.55%	2,792.91%	-38.72%	-89.29%	35.03%
EPS Growth	0.00%	120.59%	139.78%	13.00%	0.00%	0.00%	2,207.81%	-24.54%	-89.29%	55.05%
Operating Cash Flow Growth	0.00%	-50.34%	169.68%	-14.39%	20.65%	-28.40%	237.35%	-29.93%	-24.92%	-51.07%
Free Cash Flow Firm Growth	0.00%	0.00%	6.28%	116.63%	304.16%	194.16%	-216.79%	185.17%	-188.22%	210.43%
Invested Capital Growth	0.00%	0.00%	105.16%	9.08%	-12.27%	-85.48%	903.42%	-42.50%	88.87%	-48.39%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	-2.54%	11.20%	11.36%	11.85%	2.24%	7.76%	25.12%	15.70%	6.94%	9.27%
EBITDA Margin	-1.52%	12.12%	11.94%	12.28%	11.77%	9.52%	25.47%	16.10%	5.29%	9.52%
Operating Margin	-6.54%	7.33%	7.91%	8.60%	7.80%	3.96%	22.17%	12.87%	1.37%	5.30%
EBIT Margin	-6.54%	7.33%	7.91%	8.60%	7.80%	3.96%	22.17%	12.87%	1.37%	5.30%
Profit (Net Income) Margin	-13.25%	3.05%	6.66%	7.01%	3.18%	-1.09%	20.33%	11.95%	1.50%	2.21%
Tax Burden Percent	111.99%	63.75%	91.37%	107.01%	38.50%	-53.13%	86.35%	84.74%	81.11%	47.34%
Interest Burden Percent	180.75%	65.37%	92.14%	76.17%	105.76%	51.56%	106.18%	109.57%	134.76%	88.07%
Effective Tax Rate	0.00%	36.25%	8.63%	-7.01%	0.00%	153.13%	13.65%	15.26%	18.89%	52.66%
Return on Invested Capital (ROIC)	0.00%	24.49%	15.02%	15.06%	13.25%	-4.60%	43.02%	17.83%	1.47%	3.07%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	27.00%	16.14%	-26.85%	-98.20%	9.27%	54.05%	-0.06%	-0.43%	4.61%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-20.83%	-8.28%	-2.51%	-7.44%	1.78%	17.15%	0.01%	0.09%	-0.89%
Return on Equity (ROE)	0.00%	3.66%	6.75%	12.55%	5.80%	-2.83%	60.17%	17.84%	1.57%	2.19%
Cash Return on Invested Capital (CROIC)	0.00%	-175.51%	-53.90%	6.38%	26.32%	144.67%	-120.73%	71.79%	-60.06%	66.91%
Operating Return on Assets (OROA)	0.00%	5.54%	6.77%	7.41%	6.73%	2.48%	19.68%	11.10%	0.99%	3.61%
Return on Assets (ROA)	0.00%	2.31%	5.70%	6.04%	2.74%	-0.68%	18.04%	10.31%	1.08%	1.51%
Return on Common Equity (ROCE)	0.00%	2.41%	5.04%	11.94%	5.53%	-6.76%	146.29%	23.22%	1.52%	2.19%
Return on Equity Simple (ROE_SIMPLE)	0.00%	2.78%	11.79%	12.66%	6.37%	-1.51%	23.35%	13.15%	1.40%	1.90%
Net Operating Profit after Tax (NOPAT)	-2,913	2,653	4,965	6,997	6,027	-1,121	14,659	8,705	758	1,567
NOPAT Margin	-4.58%	4.67%	7.23%	9.20%	7.80%	-2.10%	19.14%	10.90%	1.11%	2.51%
Net Nonoperating Expense Percent (NNEP)	0.00%	-2.51%	-1.12%	41.91%	111.45%	-13.87%	-11.03%	17.89%	1.91%	-1.54%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	12.95%	0.89%	2.49%
Cost of Revenue to Revenue	102.54%	88.80%	88.64%	88.15%	89.15%	92.24%	74.88%	84.30%	93.06%	90.73%
SG&A Expenses to Revenue	4.00%	3.88%	3.45%	3.25%	3.05%	3.80%	2.95%	2.83%	3.51%	3.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4.00%	3.88%	3.45%	3.25%	3.05%	3.80%	2.95%	2.83%	5.57%	3.97%
Earnings before Interest and Taxes (EBIT)	-4,161	4,161	5,434	6,539	6,027	2,110	16,976	10,272	935	3,310
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-969	6,882	8,202	9,338	9,094	5,070	19,499	12,852	3,610	5,942
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.47	0.44	0.38	0.50	0.32	0.42	0.26
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.55	0.52	0.41	0.54	0.34	0.46	0.28
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.26	0.22	0.42	0.43	0.29	0.33	0.30
Price to Earnings (P/E)	0.00	0.00	0.00	3.63	8.82	0.00	2.06	2.35	19.93	13.34
Dividend Yield	5.01%	0.00%	0.00%	0.51%	1.19%	0.00%	0.97%	2.69%	1.58%	2.16%
Earnings Yield	0.00%	0.00%	0.00%	27.58%	11.33%	0.00%	48.57%	42.50%	5.02%	7.50%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.54	0.50	3.36	0.45	0.44	0.25	0.41
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.35	0.27	0.39	0.37	0.20	0.25	0.23
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	2.82	2.32	4.09	1.44	1.23	4.66	2.42
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	4.03	3.49	9.83	1.66	1.54	18.01	4.34
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	3.77	3.49	0.00	1.92	1.81	22.20	9.17
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	5.29	3.50	4.82	1.93	1.55	2.20	3.84
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	8.90	1.76	0.59	0.00	0.45	0.00	0.42
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.14	0.32	0.28	0.35	31.35	0.16	0.21	0.14	0.23
Long-Term Debt to Equity	0.00	0.12	0.25	0.21	0.28	24.97	0.13	0.16	0.11	0.17
Financial Leverage	0.00	-0.77	-0.51	0.09	0.08	0.19	0.32	-0.09	-0.21	-0.19
Leverage Ratio	0.00	0.79	1.18	2.08	2.12	4.16	3.34	1.73	1.44	1.45
Compound Leverage Factor	0.00	0.52	1.09	1.58	2.24	2.14	3.54	1.90	1.94	1.28
Debt to Total Capital	0.00%	12.61%	24.04%	22.06%	26.16%	96.91%	14.06%	17.33%	12.46%	18.40%
Short-Term Debt to Total Capital	0.00%	1.74%	5.18%	5.60%	5.23%	19.72%	3.20%	3.84%	2.70%	4.37%
Long-Term Debt to Total Capital	0.00%	10.87%	18.86%	16.46%	20.92%	77.19%	10.86%	13.48%	9.77%	14.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	29.80%	3.84%	3.57%	3.58%	15.39%	3.75%	3.63%	2.46%	3.28%
Common Equity to Total Capital	0.00%	57.59%	72.12%	74.37%	70.26%	464.92%	111.59%	107.84%	62.97%	115.56%
Debt to EBITDA	0.00	1.99	1.58	1.34	1.58	2.43	0.43	0.91	2.96	1.95
Net Debt to EBITDA	0.00	1.07	0.44	0.47	0.22	-0.68	-0.38	-0.75	-2.13	-1.12
Long-Term Debt to EBITDA	0.00	1.71	1.24	1.00	1.26	1.94	0.33	0.71	2.32	1.48
Debt to NOPAT	0.00	5.15	2.60	1.78	2.38	-10.99	0.57	1.34	14.08	7.38
Net Debt to NOPAT	0.00	2.77	0.72	0.62	0.34	3.07	-0.51	-1.11	-10.14	-4.24
Long-Term Debt to NOPAT	0.00	4.44	2.04	1.33	1.90	-8.76	0.44	1.04	11.04	5.63
Altman Z-Score	0.00	0.00	0.00	1.84	1.79	1.51	2.69	2.42	1.96	1.96
Noncontrolling Interest Sharing Ratio	0.00%	34.10%	25.35%	4.81%	4.71%	-138.86%	-143.12%	-30.15%	3.16%	-0.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.26	1.25	1.38	1.34	1.23	1.45	1.66	1.57	1.35
Quick Ratio	0.00	0.31	0.30	0.28	0.40	0.38	0.39	0.59	0.54	0.45
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-19,009	-17,815	2,963	11,976	35,229	-41,145	35,044	-30,917	34,142
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	176.63%	0.00%	0.00%	165.73%	97.50%
Free Cash Flow to Firm to Interest Expense	0.00	-9.25	-20.36	1.34	0.00	28.05	-35.62	104.92	-35.99	29.08
Operating Cash Flow to Interest Expense	1.52	1.05	6.66	2.26	0.00	3.43	12.58	30.49	8.90	3.19
Operating Cash Flow Less CapEx to Interest Expense	2.47	1.05	6.66	2.26	0.00	1.49	12.58	30.49	3.53	-0.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.76	0.86	0.86	0.86	0.63	0.89	0.86	0.72	0.68
Accounts Receivable Turnover	0.00	19.10	20.09	18.33	19.31	16.04	18.64	17.78	18.21	17.75
Inventory Turnover	0.00	3.42	3.70	3.27	3.43	2.89	3.14	3.37	3.27	3.21
Fixed Asset Turnover	0.00	1.65	1.92	2.09	2.15	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	4.33	4.86	4.89	5.18	4.07	4.31	4.70	4.68	4.27
Days Sales Outstanding (DSO)	0.00	19.11	18.17	19.91	18.90	22.75	19.58	20.53	20.05	20.56
Days Inventory Outstanding (DIO)	0.00	106.65	98.63	111.69	106.37	126.10	116.22	108.31	111.58	113.59
Days Payable Outstanding (DPO)	0.00	84.20	75.13	74.63	70.46	89.65	84.72	77.61	77.95	85.45
Cash Conversion Cycle (CCC)	0.00	41.56	41.67	56.97	54.81	59.20	51.08	51.22	53.68	48.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	21,662	44,442	48,476	42,527	6,177	61,981	35,642	67,317	34,742
Invested Capital Turnover	0.00	5.24	2.08	1.64	1.70	2.19	2.25	1.64	1.33	1.22
Increase / (Decrease) in Invested Capital	0.00	21,662	22,780	4,034	-5,949	-36,350	55,804	-26,339	31,675	-32,575
Enterprise Value (EV)	0.00	0.00	0.00	26,372	21,055	20,746	28,101	15,787	16,836	14,373
Market Capitalization	0.00	0.00	0.00	19,982	17,049	22,227	33,298	22,997	22,422	18,950
Book Value per Share	$0.00	$65.54	$38.03	$41.26	$38.01	$58.41	$61.69	$79.59	$67.00	$88.65
Tangible Book Value per Share	$0.00	$59.61	$32.40	$35.65	$32.65	$54.15	$57.59	$74.21	$60.67	$83.22
Total Capital	0.00	108,459	53,783	56,591	54,823	12,715	59,745	67,240	85,691	62,849
Total Debt	0.00	13,674	12,928	12,483	14,340	12,322	8,401	11,650	10,681	11,563
Total Long-Term Debt	0.00	11,789	10,143	9,316	11,471	9,815	6,488	9,067	8,369	8,815
Net Debt	0.00	7,357	3,587	4,368	2,044	-3,438	-7,435	-9,648	-7,693	-6,640
Capital Expenditures (CapEx)	-2,707	0.00	0.00	0.00	-3,572	2,439	0.00	0.00	4,613	3,837
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	3,923	5,334	9,833	5,203	1,850	8,314	7,889	6,588	3,821
Debt-free Net Working Capital (DFNWC)	0.00	6,538	8,120	12,187	10,198	7,813	12,685	17,303	14,371	10,305
Net Working Capital (NWC)	0.00	4,653	5,335	9,020	7,329	5,306	10,772	14,720	12,059	7,557
Net Nonoperating Expense (NNE)	5,510	919	390	1,667	3,573	-543	-906	-833	-264	187
Net Nonoperating Obligations (NNO)	0.00	-73,123	3,587	4,368	2,044	5,784	10,637	-19,948	-7,693	-16,544
Total Depreciation and Amortization (D&A)	3,192	2,721	2,768	2,799	3,067	2,960	2,523	2,580	2,675	2,632
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	6.91%	7.77%	12.93%	6.73%	3.47%	10.86%	9.88%	9.65%	6.12%
Debt-free Net Working Capital to Revenue	0.00%	11.51%	11.82%	16.03%	13.20%	14.67%	16.57%	21.67%	21.05%	16.50%
Net Working Capital to Revenue	0.00%	8.19%	7.77%	11.86%	9.49%	9.96%	14.07%	18.44%	17.66%	12.10%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($10.29)	$0.00	$4.48	$5,070,000.00	($2.42)	($0.64)	$0.00	$10.21	$1.09	$1.70
Adjusted Weighted Average Basic Shares Outstanding	772M	0.00	1.02B	1.02B	1.01B	1.14B	0.00	911M	842M	788M
Adjusted Diluted Earnings per Share	($10.29)	$0.00	$4.46	$5,040,000.00	($2.42)	($0.64)	$0.00	$10.18	$1.09	$1.69
Adjusted Weighted Average Diluted Shares Outstanding	772M	0.00	1.02B	1.02B	1.01B	1.14B	0.00	914M	845M	791M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	1.02B	1.01B	1.01B	1.08B	0.00	805.34M	1.64B	768.55M
Normalized Net Operating Profit after Tax (NOPAT)	-2,913	2,653	4,965	4,577	4,219	1,477	14,659	8,705	1,898	2,317
Normalized NOPAT Margin	-4.58%	4.67%	7.23%	6.02%	5.46%	2.77%	19.14%	10.90%	2.78%	3.71%
Pre Tax Income Margin	-11.83%	4.79%	7.29%	6.55%	8.25%	2.04%	23.54%	14.10%	1.85%	4.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-1.46	2.02	6.21	2.96	0.00	1.68	14.70	30.75	1.09	2.82
NOPAT to Interest Expense	-1.02	1.29	5.67	3.17	0.00	-0.89	12.69	26.06	0.88	1.33
EBIT Less CapEx to Interest Expense	-0.51	2.02	6.21	2.96	0.00	-0.26	14.70	30.75	-4.28	-0.45
NOPAT Less CapEx to Interest Expense	-0.07	1.29	5.67	3.17	0.00	-2.83	12.69	26.06	-4.49	-1.93
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	4.94%	3.52%	3.08%	4.13%	-13.53%	-31.31%	3.67%	6.95%	51.96%	42.03%
Augmented Payout Ratio	4.94%	3.52%	3.08%	4.13%	-17.20%	-31.31%	3.67%	6.95%	51.96%	42.03%

No quarterly metrics and ratios for ArcelorMittal are available.

Frequently Asked Questions About ArcelorMittal's Financials

When does ArcelorMittal's financial year end?

According to the most recent income statement we have on file, ArcelorMittal's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has ArcelorMittal's net income changed over the last 9 years?

ArcelorMittal's net income appears to be on an upward trend, with a most recent value of $1.38 billion in 2024, falling from -$8.42 billion in 2015. The previous period was $1.02 billion in 2023.

What is ArcelorMittal's operating income?

ArcelorMittal's total operating income in 2024 was $3.31 billion, based on the following breakdown:

Total Gross Profit: $5.79 billion
Total Operating Expenses: $2.48 billion

How has ArcelorMittal revenue changed over the last 9 years?

Over the last 9 years, ArcelorMittal's total revenue changed from $63.58 billion in 2015 to $62.44 billion in 2024, a change of -1.8%.

How much debt does ArcelorMittal have?

ArcelorMittal's total liabilities were at $38.10 billion at the end of 2024, a 0.7% increase from 2023, and a 11.0% decrease since 2016.

How much cash does ArcelorMittal have?

In the past 8 years, ArcelorMittal's cash and equivalents has ranged from $2.17 billion in 2018 to $9.30 billion in 2022, and is currently $6.40 billion as of their latest financial filing in 2024.

How has ArcelorMittal's book value per share changed over the last 9 years?

Over the last 9 years, ArcelorMittal's book value per share changed from 0.00 in 2015 to 88.65 in 2024, a change of 8,865.2%.

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This page (NYSE:MT) was last updated on 4/18/2025 by MarketBeat.com Staff

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ArcelorMittal (MT) Financials

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ArcelorMittal (MT) Financials

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