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

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 22
HOLD 18
SELL 4
STRONG
SELL 0
| PRICE TARGET: $54.50 DETAILS
HIGH: $60.00
LOW: $49.00
MEDIAN: $54.50
CONSENSUS: $54.50
DOWNSIDE: 17.52%
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 2009 2008 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 5,919 7,576 2,495 80 77 85 214 170 188 790
Short-Term Investments 0 0 0 0 0 393 246 0 0 0 0 0 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 5,750 6,737 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 16,835 24,741 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 91 921 444 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 32,807 44,414 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 60,385 60,755 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 5,750 13,629 0 0 0 0 0 0 0 0
Intangible Assets 5,252 848 1,194 1,136 494 320 328 742 443 403 0 2,490 106 117 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 17,471 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 (4,838) 11,049 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 94,890 88,674 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 75,142 127,697 133,088 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 10,676 10,501 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 4,135 8,409 341 363 262 338 391 457 549 431
Deferred Revenue 0 88 109 67 63 0 0 58 69 39 8,708 1,949 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 1,483 3,839 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 23,530 30,760 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 20,677 27,249 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 5,144 6,395 955 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 12,948 9,454 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 38,769 43,098 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 62,299 73,858 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 0 9,269 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 29,738 30,403 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) (23,519) 751 619 (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 61,045 55,198 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 75,142 127,697 133,088 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 20,677 34,076 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 14,758 26,500 (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 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 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 2,926 829 553 183 177 216 177 164 91 88
Stock-Based Compensation 0 0 0 0 0 0 0 31 31 13 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) (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) (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 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) (1,181) (898) (164) (108) (97) (184) (214) (1,474) (288)
Acquisitions (169) 0 (2,343) (939) (43) 358 (487) 246 22 1,209 (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) (300) 0 0 0 0 (25) 0 0 0
Sales/Maturities of Investments 0 0 560 0 2,680 59 196 44 44 165 59 0 0 0 8 23 0 0 0
Other Investing Activities (45) (582) 548 (44) 111 11 39 (3,759) (11) 1,301 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) (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) 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 (54) (8) (1) (1) (1) 0 (78) (32)
Dividends Paid (421) (393) (369) (332) (312) (181) (203) (220) (141) (61) (2,092) (763) 0 0 0 (18) (18) (19) 0
Other Financing Activities (209) (15) (162) (331) (459) (135) (129) (624) 28 (1,178) (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) 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) (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 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 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 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 5,919 7,576 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 75,142 127,697 133,088 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 20,677 34,076 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 61,045 55,198 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 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) (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 2,793 3,713 25 60 (57) 197 385 (1,221) (29)