NYSE · MT
ArcelorMittal financials
$67.96−2.71%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.35B | $62.44B | $68.28B | $79.84B | $76.57B | $53.27B | $70.61B | $76.03B | $68.68B | $56.79B |
| Gross profit | $4.38B | $5.79B | $4.74B | $12.54B | $19.23B | $4.13B | $1.73B | $9.01B | $7.80B | $6.36B |
| Gross margin | 7.1% | 9.3% | 6.9% | 15.7% | 25.1% | 7.8% | 2.4% | 11.8% | 11.4% | 11.2% |
| Operating income | $3.63B | $3.31B | $2.34B | $10.27B | $16.98B | $2.11B | -$627.0M | $6.54B | $5.43B | $4.16B |
| Net income | $3.15B | $1.34B | $919.0M | $9.30B | $14.96B | -$733.0M | -$2.45B | $5.15B | $4.57B | $1.78B |
| Net margin | 5.1% | 2.1% | 1.3% | 11.7% | 19.5% | −1.4% | −3.5% | 6.8% | 6.7% | 3.1% |
| Diluted EPS | $4.11 | $1.69 | $1.09 | $10.18 | $13.49 | $-0.64 | $-2.42 | $5.04 | $4.46 | $1.86 |
| EBITDA | $6.57B | $5.94B | $5.01B | $12.85B | $19.50B | $5.07B | $2.44B | $9.34B | $8.20B | $6.88B |
| Operating cash flow | $4.81B | $4.85B | $7.64B | $10.20B | $9.90B | $4.08B | $6.02B | $4.20B | $4.56B | $2.71B |
| Free cash flow | $471.0M | $447.0M | $3.03B | $6.74B | $6.88B | $1.50B | $2.25B | $891.0M | $1.74B | $264.0M |
| Diluted shares | 766.0M | 791.0M | 845.0M | 914.0M | 1,108.0M | 1,140.0M | 1,013.0M | 1,021.0M | 1,024.0M | 955.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $5.39B | $6.40B | $7.69B | $9.30B | $4.21B | $5.60B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $13.41B | $11.56B | $10.68B | $11.65B | $8.40B | $12.32B |
| Total assets | $97.70B | $89.39B | $93.92B | $94.55B | $90.51B | $82.05B |
| Total liabilities | $41.17B | $38.10B | $37.85B | $38.96B | $39.17B | $41.81B |
| Shareholders' equity | $56.54B | $51.29B | $56.07B | $55.59B | $51.34B | $40.24B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology