ArcelorMittal S.A. logo MT - ArcelorMittal S.A.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 22
HOLD 19
SELL 3
STRONG
SELL 0
| PRICE TARGET: $66.00 DETAILS
HIGH: $70.00
LOW: $62.00
MEDIAN: $66.00
CONSENSUS: $66.00
DOWNSIDE: 1.93%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue
Revenue 61,352 62,441 68,275 79,844 76,571 53,270 70,615 76,033 68,679 56,791 63,578 79,282 79,440 84,213 93,973 78,025 65,110 124,936 105,216 58,870 28,132 22,197 5,441 4,889 4,486 5,097 4,680 3,492 2,190
Cost of Revenue 55,446 56,653 62,500 65,883 57,524 48,625 66,960 67,025 60,876 50,428 65,196 73,288 75,247 84,117 85,519 71,084 62,913 106,110 84,953 48,411 21,495 14,694 4,943 4,356 4,273 4,424 4,052 2,845 1,707
Gross Profit 5,906 5,788 5,775 13,961 19,047 4,645 3,655 9,008 7,803 6,363 (1,618) 5,994 4,193 96 8,454 6,941 2,197 18,826 20,263 10,459 6,637 7,503 498 533 213 673 628 647 483
Operating Expenses
R&D Expenses 0 285 299 286 270 245 301 290 278 239 227 259 270 285 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 2,478 0 0 0 0 0 2,469 2,369 2,202 2,543 2,960 2,996 3,322 3,556 3,336 3,875 6,590 5,433 2,960 1,062 804 164 214 155 181 156 129 76
Other Expenses 2,278 (285) 3,136 3,403 1,801 2,290 3,981 0 0 0 0 0 0 0 0 0 0 0 0 0 829 553 183 177 252 177 164 91 88
Operating Expenses 2,278 2,478 3,435 3,689 2,071 2,535 4,282 2,469 2,369 2,202 2,543 2,960 2,996 3,322 4,669 4,395 6,938 6,590 5,433 2,960 1,891 1,357 347 391 407 358 320 220 164
Operating Income
Operating Income 3,628 3,310 2,340 10,272 16,976 2,110 (627) 6,539 5,434 4,161 (4,161) 3,034 1,197 (3,226) 4,898 3,605 (1,678) 12,236 14,830 7,499 4,746 6,146 151 142 (194) 315 308 406 299
Interest Expense 296.9 510 715 401 357 477 695 687 879 1,172 1,383 1,547.1 1,887.6 2,018.8 1,822 1,578 1,507 2,044 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 400 570 188 79 56 88 72 56 58 105 94.9 112.9 156.1 123 133 190 497 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 5,906 6,057 5,579 14,234 19,148 5,258 3,962 9,774 8,055 5,820 (2,444) 4,984 4,661.2 1,166.0 9,477 7,829 2,429.0 18,715 14,830 9,856 5,842 6,951 1,630 319 22 492 472 495 374
EBIT 2,961 3,425 3,139 11,654 16,625 2,298 895 5,668 5,886 3,892 (6,138) 1,045 1,619 (3,344) 4,781 3,434 (2,586) 13,670 14,830 7,532 4,729 6,398 1,299 142 (194) 315 308 404 324
Income Before Tax 3,602 2,915 1,260 11,255 18,025 1,088 (1,932) 4,981 5,007 2,720 (7,521) (520) (2,360) (5,769) 2,680 1,856 (4,437) 11,537 14,888 7,195 4,703 6,133 57 (24) (418) 122 128 288 300
Income Tax Expense 359 1,535 238 1,717 2,460 1,666 459 (349) 432 986 902 454 215 (1,925) 882 (1,479) (4,512) 1,098 3,038 1,109 818 817 (8) (54) (106) 23 43 51 11
Net Income 3,152 1,339 919 9,302 14,956 (733) (2,454) 5,149 4,568 1,779 (7,946) (1,086) (2,545) (3,726) 2,262 2,916 118 9,399 10,368 5,226 3,365 4,701 66 49 (312) 99 85 237 289
Per Share Data
EPS (Basic) 4.13 1.70 1.09 10.21 18.54 -0.51 -2.36 5.07 4.48 1.87 -10.30 -1.42 -3.41 -5.73 3.48 4.60 0.19 16.30 17.66 12.66 11.44 94.96 1.30 0.95 -6.15 1.95 1.69 4.60 4.81
EPS (Diluted) 4.11 1.69 1.09 10.18 18.49 -0.51 -2.36 5.04 4.46 1.86 -10.29 -1.41 -3.41 -5.73 2.84 4.10 0.19 16.28 17.64 12.63 11.42 94.96 1.29 0.95 -6.15 1.95 1.69 4.60 4.81
Shares Outstanding 763 788 842 911 1,105 1,140 1,013 1,015 1,020 953 771.6 763.9 746.8 649.9 649.9 634.4 606.2 580.2 586.9 414.5 288.2 49.5 50.9 51.6 50.8 50.3 50.3 51.6 49.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Current Assets
Cash & Cash Equivalents 5,476 6,400 7,686 9,300 4,215 5,570 4,749 2,354 2,786 2,615 4,102 4,016 6,232 4,536 3,905 6,289 5,919 7,576 7,860 6,020 2,035 2,495 80 77 85 214 170 188 790
Short-Term Investments 0 0 0 0 0 393 246 0 0 0 0 0 0 0 0 0 0 0 0 6 14 1 0 0 0 78 147 337 0
Net Receivables 3,476 5,656 5,196 6,214 7,084 4,190 5,252 5,426 4,668 3,562 3,085 3,696 4,886 5,667 6,452 5,725 5,750 6,737 9,533 8,769 2,287 2,006 507 529 451 601 679 618 415
Inventory 18,589 16,501 18,759 20,087 19,858 12,328 17,296 20,744 17,986 14,734 13,424 17,304 19,240 19,025 21,689 19,583 16,835 24,741 21,750 19,238 6,036 4,013 828 873 805 1,015 1,045 1,072 548
Other Current Assets 37 215 941 785 3,216 5,492 1,073 4,711 2,001 1,669 1,815 2,620 3,288 335 84 6,918 91 921 3,663 3,686 427 444 30 38 37 28 31 83 62
Total Current Assets 30,605 29,382 33,240 37,118 34,939 27,973 28,616 32,475 26,745 22,247 22,326 28,057 34,025 31,794 35,605 42,675 32,807 44,414 45,328 39,362 11,712 9,625 1,550 1,612 1,443 2,005 2,156 2,298 1,815
Non-Current Assets
Property, Plant & Equipment 41,041 33,311 33,656 30,167 30,075 30,622 36,231 35,638 36,971 34,831 35,780 46,593 51,364 53,834 54,251 54,344 60,385 60,755 61,994 54,696 15,539 7,562 3,091 3,035 3,109 3,299 3,333 3,205 3,199
Goodwill 0 3,605 3,908 3,767 3,931 3,992 5,104 4,986 5,294 5,248 5,143 7,322 7,735 8,164 12,471 5,725 5,750 13,629 12,663 8,020 0 0 0 0 0 0 0 0 0
Intangible Assets 5,252 848 1,194 1,136 494 320 328 742 443 403 449 782 999 1,417 1,582 0 0 2,490 2,368 2,762 1,439 106 117 83 0 102 0 0 0
Long-Term Investments 10,393 11,719 10,591 11,884 11,465 10,867 8,272 4,906 5,084 4,297 4,911 5,833 7,195 7,286 17,971 19,512 17,471 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 10,412 1,578 1,859 1,921 1,461 412 677 4,215 3,705 2,279 1,612 2,630 2,052 3,948 (6,081) (6,603) (4,838) 11,049 9,643 5,656 1,567 1,005 342 344 488 479 477 424 228
Total Non-Current Assets 67,098 60,003 60,677 57,429 55,573 54,079 59,292 58,774 58,552 52,895 54,520 71,122 78,283 82,779 86,275 88,229 94,890 88,674 88,297 72,804 19,330 9,528 4,085 3,900 3,870 3,973 3,810 3,629 3,427
Total Assets 97,703 89,385 93,917 94,547 90,512 82,052 87,908 91,249 85,297 75,142 76,846 99,179 112,308 114,573 121,880 130,904 127,697 133,088 133,625 112,166 31,042 19,153 5,635 5,512 5,313 5,978 5,966 5,927 5,242
Current Liabilities
Account Payables 13,008 12,630 13,605 13,166 14,662 11,525 12,614 13,981 13,428 11,633 7,566 11,450 12,604 11,407 12,845 13,256 10,676 10,501 13,991 11,342 2,504 1,899 577 607 540 640 606 408 283
Short-Term Debt 2,739 2,566 2,105 2,355 1,724 2,507 2,869 3,167 2,785 1,885 2,308 2,449 4,047 4,248 2,784 6,716 4,135 8,409 8,542 5,491 334 341 363 262 338 391 457 549 431
Deferred Revenue 0 88 109 67 63 0 0 58 69 39 56 59 52 161 218 8,714 8,708 1,949 2,008 2,238 0 2,340 0 0 0 0 0 0 0
Other Current Liabilities 19 1,265 257 1,659 1,632 6,933 3,866 4,625 3,336 2,972 4,990 3,775 4,422 2,830 5,946 3,380 1,483 3,839 6,677 5,489 2,306 2,912 28 28 28 56 377 377 194
Total Current Liabilities 22,520 21,825 21,769 22,398 24,167 22,667 21,287 23,455 21,410 18,115 18,041 21,123 25,235 23,818 23,824 30,723 23,530 30,760 32,209 24,560 5,615 6,230 1,460 1,274 1,209 1,434 1,440 1,334 908
Non-Current Liabilities
Long-Term Debt 10,671 7,963 7,430 8,239 5,797 10,023 10,605 8,961 9,729 11,325 16,942 16,643 17,520 21,513 25,138 19,292 20,677 27,249 23,254 21,645 7,974 1,639 1,914 2,022 2,041 2,124 2,184 2,400 1,104
Deferred Tax Liabilities 2,294 2,338 2,432 2,666 2,369 1,832 2,331 2,374 2,684 2,529 2,496 3,004 3,115 3,228 3,680 4,006 5,144 6,395 7,927 7,274 1,602 955 74 69 134 137 130 87 0
Other Non-Current Liabilities 5,682 4,965 5,046 4,826 6,144 7,369 12,133 11,996 10,205 10,384 11,261 12,617 12,566 10,365 8,761 10,783 12,948 9,454 8,700 8,496 3,867 2,740 2,038 2,019 1,591 1,399 1,358 1,305 260
Total Non-Current Liabilities 18,647 16,274 16,080 16,559 15,001 19,988 26,138 23,686 23,032 24,702 31,235 32,896 33,900 35,558 37,579 34,081 38,769 43,098 39,881 37,415 13,443 5,334 4,026 4,110 3,766 3,660 3,672 3,792 1,364
Total Liabilities 41,167 38,099 37,849 38,957 39,168 42,655 47,425 47,141 44,442 42,817 49,276 54,019 59,135 59,376 61,403 64,804 62,299 73,858 72,090 61,975 19,058 11,564 5,486 5,384 4,975 5,094 5,112 5,126 2,272
Stockholders' Equity
Common Stock 54,466 303 303 312 350 393 364 364 401 401 10,011 10,011 10,011 9,403 0 0 0 9,269 0 17 60 59 7 7 7 4 4 4 0
Retained Earnings 0 47,254 46,264 45,442 36,702 22,097 22,883 25,611 20,635 16,049 13,902 22,182 24,037 25,633 30,531 31,647 29,738 30,403 23,552 14,974 7,891 4,739 207 141 92 401 320 253 2,144
Accumulated Other Comprehensive Income 0 (23,407) (18,942) (19,867) (18,072) (19,759) (18,950) (18,214) (16,733) (20,770) (20,358) (11,804) (6,577) (2,631) (26,241) (24,534) (23,519) 751 5,107 1,654 (146) 619 (541) (504) (241) 0 50 64 0
Total Stockholders' Equity 54,466 49,223 53,961 53,152 49,106 37,440 38,521 42,086 38,789 30,135 25,272 42,086 49,793 51,723 56,690 62,430 61,045 55,198 56,685 42,127 10,150 5,846 149 128 338 884 854 801 2,970
Total Liabilities & Equity 97,703 89,385 93,917 94,547 90,512 82,052 87,908 91,249 85,297 75,142 76,846 99,179 112,308 114,573 121,880 130,904 127,697 133,088 133,625 112,166 31,042 19,153 5,635 5,512 5,313 5,978 5,966 5,927 5,242
Debt Metrics
Total Debt 13,410 11,563 10,681 11,650 8,401 13,162 14,340 12,483 12,928 13,674 19,786 19,797 22,311 26,304 26,418 26,008 20,677 34,076 31,771 27,136 8,308 1,980 2,277 2,284 2,379 2,515 2,641 2,949 1,535
Net Debt 7,934 5,163 2,995 2,350 4,186 7,592 9,591 10,129 10,142 11,059 15,684 15,781 16,079 21,768 22,513 19,719 14,758 26,500 23,911 21,116 6,273 (515) 2,197 2,207 2,294 2,301 2,471 2,761 745
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Operating Activities
Net Income 3,243 1,380 1,022 9,538 15,565 (578) (2,391) 5,149 4,568 1,779 (7,946) (1,086) (2,545) (3,726) 1,802 3,246 118 10,439 11,850 6,086 3,365 4,701 66 49 (312) 99 85 237 289
Depreciation & Amortization 2,945 2,632 2,675 2,580 2,523 2,960 3,067 3,609 2,974 2,926 7,956 4,203 5,139 9,719 5,000 4,920 5,457 6,100 4,570 2,296 829 553 183 177 216 177 164 91 88
Stock-Based Compensation 0 0 0 0 0 0 0 31 31 13 0 0 5 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (267) (185) 1,714 (615) (7,081) 932 2,087 (4,384) (1,873) (1,023) (31) 368 764 2,829 (3,825) (2,531) 3,280 (9,016) 793 (626) (520) (1,173) 172 18 316 187 406 (96) (82)
Other Non-Cash Items (1,472) 515 1,996 (3,017) (3,562) (898) 2,795 4,708 (507) (1,091) 1,601 475 1,028 (1,101) (874) 435 6,612 7,129 (681) (634) (113) 444 (202) (15) (66) (85) (81) 21 (39)
Operating Cash Flow 4,808 4,852 7,645 10,203 9,905 4,082 6,017 4,196 4,563 2,708 2,151 3,870 4,296 5,294 1,777 4,015 7,278 14,652 16,532 7,122 3,974 4,611 189 168 40 381 599 253 259
Investing Activities
Capital Expenditure (4,337) (4,405) (4,613) (3,468) (3,008) (2,439) (3,572) (3,305) (2,819) (2,444) (2,707) (3,665) (3,452) (4,683) (4,838) (3,308) (2,792) (5,531) (5,448) (2,935) (1,181) (898) (164) (108) (97) (184) (214) (1,474) (288)
Acquisitions (169) 0 (2,343) (939) (43) 358 (487) 246 22 1,209 0 (26) (139) 501 (860) (75) (120) (6,201) (7,248) (5,842) (6,220) (19) 0 0 0 0 9 0 0
Purchases of Investments 0 0 0 (32) (80) 0 0 3,015 (66) (1,374) 0 (506) (372) (964) (95) (327) (33) 0 0 0 (300) 0 0 0 0 (25) 0 0 0
Sales/Maturities of Investments 0 0 560 0 2,680 59 196 44 44 165 195 532 511 463 850 300 153 0 0 0 59 0 0 0 8 23 0 0 0
Other Investing Activities (45) (582) 548 (44) 111 11 39 (3,759) (11) 1,301 342 588 575 1,023 1,265 (28) 8 (696) 787 201 30 116 40 28 41 (9) 21 0 2
Investing Cash Flow (4,551) (4,987) (5,848) (4,483) (340) (2,011) (3,824) (3,759) (2,830) (1,143) (2,170) (3,077) (2,877) (3,660) (3,678) (3,438) (2,784) (12,428) (11,909) (8,576) (7,612) (801) (124) (80) (48) (195) (184) (1,474) (286)
Financing Activities
Net Debt Issuance (874) 1,028 (1,927) 3,123 (4,957) (1,422) 936 262 (1,527) (4,802) 808 (1,553) 1,452 (311) 522 1,992 (7,798.4) 4,873 1,435 6,143 5,449 (1,360) (110) (105) (127) (120) (414) 1,084 163
Stock Repurchased (262) (1,300) (1,208) (2,937) (5,170) (500) (90) (226) 0 0 0 (657) 0 0 0 0 0 (4,440) (2,553) 0 0 (54) (8) (1) (1) (1) 0 (78) (32)
Dividends Paid (421) (393) (369) (332) (312) (181) (203) (220) (141) (61) (416) (458) (415) (1,191) (1,194) (1,257) (1,338) (2,576) (2,269) (660) (2,092) (763) 0 0 0 (18) (18) (19) 0
Other Financing Activities (209) (15) (162) (331) (459) (135) (129) (624) 28 (1,178) (82) (82) (2,578) 483 117 (2,144.2) (371.5) 11 (85) (46) (11) (211) (164) 0 0 0 0 0 1
Financing Cash Flow (1,766) (680) (3,666) (477) (10,898) (1,498) 514 (689) (1,731) (2,926) 395 (2,750) 241 (1,044) (540) (7) (6,347) (2,132) (3,417) 5,445 3,349 (2,329) (63) (101) (123) (139) (432) 987 532
Cash Position
Net Change in Cash (1,008) (1,286) (1,614) 5,085 (1,385) 733 2,695 (432) 171 (1,487) 86 (2,216) 1,692 631 (2,509) 288 (1,657) (284) 1,840 3,985 (460) 1,735 3 (8) (129) 44 (18) (231) 480
Cash at Beginning 6,400 7,686 9,300 4,215 5,600 4,867 2,172 2,786 2,615 4,102 4,016 6,232 4,540 3,905 6,414 5,919 7,576 7,860 6,020 2,035 2,495 760 77 85 214 170 188 419 310
Cash at End 5,392 6,400 7,686 9,300 4,215 5,600 4,867 2,354 2,786 2,615 4,102 4,016 6,232 4,536 3,905 6,207 5,919 7,576 7,860 6,020 2,035 2,495 80 77 85 214 170 188 790
Free Cash Flow 471 447 3,032 6,735 6,897 1,643 2,445 891 1,744 264 (556) 205 844 611 (3,061) 707 4,486 9,121 11,084 4,187 2,793 3,713 25 60 (57) 197 385 (1,221) (29)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Income Statement
Revenue 61,352 62,441 68,275 79,844 76,571 53,270 70,615 76,033 68,679 56,791 63,578 79,282 79,440 84,213 93,973 78,025 65,110 124,936 105,216 58,870 28,132 22,197 5,441 4,889 4,486 5,097 4,680 3,492 2,190
Gross Profit 5,906 5,788 5,775 13,961 19,047 4,645 3,655 9,008 7,803 6,363 (1,618) 5,994 4,193 96 8,454 6,941 2,197 18,826 20,263 10,459 6,637 7,503 498 533 213 673 628 647 483
Operating Income 3,628 3,310 2,340 10,272 16,976 2,110 (627) 6,539 5,434 4,161 (4,161) 3,034 1,197 (3,226) 4,898 3,605 (1,678) 12,236 14,830 7,499 4,746 6,146 151 142 (194) 315 308 406 299
Net Income 3,152 1,339 919 9,302 14,956 (733) (2,454) 5,149 4,568 1,779 (7,946) (1,086) (2,545) (3,726) 2,262 2,916 118 9,399 10,368 5,226 3,365 4,701 66 49 (312) 99 85 237 289
EPS (Diluted) 4.11 1.69 1.09 10.18 18.49 -0.51 -2.36 5.04 4.46 1.86 -10.29 -1.41 -3.41 -5.73 2.84 4.10 0.19 16.28 17.64 12.63 11.42 94.96 1.29 0.95 -6.15 1.95 1.69 4.60 4.81
Balance Sheet
Cash & Equivalents 5,476 6,400 7,686 9,300 4,215 5,570 4,749 2,354 2,786 2,615 4,102 4,016 6,232 4,536 3,905 6,289 5,919 7,576 7,860 6,020 2,035 2,495 80 77 85 214 170 188 790
Total Assets 97,703 89,385 93,917 94,547 90,512 82,052 87,908 91,249 85,297 75,142 76,846 99,179 112,308 114,573 121,880 130,904 127,697 133,088 133,625 112,166 31,042 19,153 5,635 5,512 5,313 5,978 5,966 5,927 5,242
Total Debt 13,410 11,563 10,681 11,650 8,401 13,162 14,340 12,483 12,928 13,674 19,786 19,797 22,311 26,304 26,418 26,008 20,677 34,076 31,771 27,136 8,308 1,980 2,277 2,284 2,379 2,515 2,641 2,949 1,535
Stockholders' Equity 54,466 49,223 53,961 53,152 49,106 37,440 38,521 42,086 38,789 30,135 25,272 42,086 49,793 51,723 56,690 62,430 61,045 55,198 56,685 42,127 10,150 5,846 149 128 338 884 854 801 2,970
Cash Flow
Operating Cash Flow 4,808 4,852 7,645 10,203 9,905 4,082 6,017 4,196 4,563 2,708 2,151 3,870 4,296 5,294 1,777 4,015 7,278 14,652 16,532 7,122 3,974 4,611 189 168 40 381 599 253 259
Capital Expenditure (4,337) (4,405) (4,613) (3,468) (3,008) (2,439) (3,572) (3,305) (2,819) (2,444) (2,707) (3,665) (3,452) (4,683) (4,838) (3,308) (2,792) (5,531) (5,448) (2,935) (1,181) (898) (164) (108) (97) (184) (214) (1,474) (288)
Free Cash Flow 471 447 3,032 6,735 6,897 1,643 2,445 891 1,744 264 (556) 205 844 611 (3,061) 707 4,486 9,121 11,084 4,187 2,793 3,713 25 60 (57) 197 385 (1,221) (29)