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ArcelorMittal (MT) Financials

ArcelorMittal logo
$30.09 -0.24 (-0.80%)
Closing price 05/6/2025 03:59 PM Eastern
Extended Trading
$30.08 -0.01 (-0.04%)
As of 05/6/2025 07:32 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for ArcelorMittal

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
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
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

Quarterly Income Statements for ArcelorMittal

No quarterly income statements for ArcelorMittal are available.

Annual Cash Flow Statements for ArcelorMittal

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
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
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

Quarterly Cash Flow Statements for ArcelorMittal

No quarterly cash flow statements for ArcelorMittal are available.

Annual Balance Sheets for ArcelorMittal

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
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
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

Quarterly Balance Sheets for ArcelorMittal

No quarterly balance sheets for ArcelorMittal are available.

Annual Metrics and Ratios for ArcelorMittal

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
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
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%

Quarterly Metrics and Ratios for ArcelorMittal

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. Check out ArcelorMittal's forecast to explore projected trends and price targets.

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 5/7/2025 by MarketBeat.com Staff
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