ArcelorMittal Financial Statements From 2010 to 2024

MT Stock  USD 26.10  0.32  1.21%   
ArcelorMittal financial statements provide useful quarterly and yearly information to potential ArcelorMittal SA ADR investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ArcelorMittal financial statements helps investors assess ArcelorMittal's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ArcelorMittal's valuation are summarized below:
Gross Profit
14 B
Profit Margin
0.0135
Market Capitalization
21.2 B
Enterprise Value Revenue
0.3558
Revenue
68.3 B
There are currently ninety-one fundamental signals for ArcelorMittal SA ADR that can be evaluated and compared over time across rivals. All traders should validate ArcelorMittal's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. At this time, ArcelorMittal's Earnings before Tax is comparatively stable as compared to the past year. Enterprise Value is likely to gain to about 27.7 B in 2024, whereas Average Equity is likely to drop slightly above 54.3 B in 2024.

ArcelorMittal Revenues

67.47 Billion

Check ArcelorMittal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcelorMittal main balance sheet or income statement drivers, such as Consolidated Income of 11.8 B, Cost of Revenue of 58.6 B or Earning Before Interest and Taxes EBIT of 14.1 B, as well as many exotic indicators such as Asset Turnover of 0.97, Book Value per Share of 47.09 or Current Ratio of 1.79. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules.
  
This module can also supplement ArcelorMittal's financial leverage analysis and stock options assessment as well as various ArcelorMittal Technical models . Check out the analysis of ArcelorMittal Correlation against competitors.

ArcelorMittal Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities2.6 B2.7 B2.9 B
Slightly volatile
Tax Assets9.7 B9.8 B8.3 B
Pretty Stable
Accumulated Retained Earnings Deficit42 B52.3 B27.7 B
Slightly volatile
Trade and Non Trade Receivables4.5 B4.4 B4.1 B
Pretty Stable
Property Plant and Equipment Net29.8 B27.2 B38.6 B
Slightly volatile
Trade and Non Trade Payables15.5 B15.6 B13 B
Slightly volatile
Liabilities Non Current18.2 B14.9 B25.4 B
Slightly volatile
Current Liabilities26.2 B25.8 B23 B
Very volatile
Total Liabilities38 B35.1 B47.6 B
Slightly volatile
Investments Non Current11.7 B13.7 B8.5 B
Slightly volatile
Investments Current361.8 M417.4 M209.9 M
Slightly volatile
Investments11.8 B13.7 B8.6 B
Slightly volatile
Inventory22.2 B23.1 B18.4 B
Pretty Stable
Goodwill and Intangible Assets4.8 B4.4 B6.3 B
Slightly volatile
Shareholders Equity USD55.7 B61.1 B44.9 B
Pretty Stable
Shareholders Equity Attributable to Parent55.7 B61.1 B44.9 B
Pretty Stable
Total Debt USD11.8 B10.5 B16 B
Slightly volatile
Debt Non Current9.4 B8.2 B13.1 B
Slightly volatile
Debt Current2.3 B2.3 B2.9 B
Slightly volatile
Total Debt11.8 B10.5 B16 B
Slightly volatile
Cash and Equivalents USD11.7 B10.8 B5.8 B
Slightly volatile
Cash and Equivalents11.7 B10.8 B5.8 B
Slightly volatile
Assets Non Current52.5 B51.7 B62.6 B
Slightly volatile
Current Assets39.5 B42.7 B31.9 B
Slightly volatile
Total Assets82.5 B85.1 B93.3 B
Slightly volatile

ArcelorMittal Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense2.1 BB912.8 M
Slightly volatile
Weighted Shares Diluted1.1 B1.2 B883.6 M
Slightly volatile
Weighted Shares1.1 BB869.9 M
Slightly volatile
Selling General and Administrative Expense2.1 BB2.5 B
Slightly volatile
Revenues USD67.5 B71.9 B72.1 B
Slightly volatile
Revenues67.5 B71.9 B72.1 B
Slightly volatile
Operating Income12.7 B11.8 B4.9 B
Slightly volatile
Operating Expenses2.1 BB2.5 B
Slightly volatile
Net Income to Non Controlling Interests235.5 M271.4 M146.5 M
Slightly volatile
Net Income Common Stock USD11.5 B10.7 B2.4 B
Slightly volatile
Net Income Common Stock11.5 B10.7 B2.4 B
Slightly volatile
Net Income11.5 B10.7 B2.4 B
Slightly volatile
Interest Expense308.5 M300.6 M1.9 B
Slightly volatile
Gross Profit11.6 B14.4 B7.2 B
Slightly volatile
Earning Before Interest and Taxes USD14.1 B13.1 B5.2 B
Slightly volatile
Earning Before Interest and Taxes EBIT14.1 B13.1 B5.2 B
Slightly volatile
Cost of Revenue58.6 B60.6 B65.3 B
Slightly volatile
Consolidated Income11.8 B11 B2.5 B
Slightly volatile

ArcelorMittal Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Effect of Exchange Rate Changes on Cash (186.5 M)(181.7 M)(71.3 M)
Pretty Stable
Net Cash Flow from Operations12.7 B11.7 BB
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(29.6 M)(28.8 M)170.9 M
Slightly volatile
Net Cash Flow from Financing(463.2 M)(429.3 M)(1.3 B)
Pretty Stable
Issuance Repayment of Debt Securities 3.9 B3.6 B(1.4 B)
Slightly volatile
Issuance Purchase of Equity Shares(2.7 B)(2.6 B)173.6 M
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(1.1 B)(1.1 B)M
Pretty Stable
Net Cash Flow or Change in Cash and Cash Equivalents6.5 BB1.5 B
Slightly volatile
Depreciation Amortization and Accretion2.5 B2.3 B3.3 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share86.8988.57110
Slightly volatile
Sales per Share75.2878.8990.5089
Slightly volatile
Return on Sales0.170.160.0684
Slightly volatile
Return on Invested Capital0.210.190.0769
Slightly volatile
Return on Equity0.230.210.0488
Slightly volatile
Return on Assets0.120.120.0283
Slightly volatile
Price to Sales Ratio0.370.340.3566
Very volatile
Price to Earnings Ratio2.922.71(5.5185)
Slightly volatile
Price to Book Value0.570.520.5344
Very volatile
Payout Ratio0.02730.0253(0.0618)
Slightly volatile
Profit Margin0.140.130.0289
Slightly volatile
Gross Margin0.150.180.0966
Slightly volatile
Free Cash Flow per Share9.178.52.8825
Slightly volatile
Enterprise Value over EBITDA2.612.323.7612
Pretty Stable
Enterprise Value over EBIT2.131.814.9284
Slightly volatile
Earnings per Basic Share USD16.7915.562.568
Slightly volatile
Earnings per Diluted Share16.7415.512.5518
Slightly volatile
Earnings per Basic Share16.7915.562.568
Slightly volatile
EBITDA Margin0.170.20.1124
Slightly volatile
Dividends per Basic Common Share0.320.290.3753
Slightly volatile
Dividend Yield0.01250.01080.0126
Pretty Stable
Debt to Equity Ratio0.850.661.136
Slightly volatile
Current Ratio1.791.911.4134
Slightly volatile
Book Value per Share47.0952.5254.2265
Slightly volatile
Asset Turnover0.970.990.7915
Slightly volatile

ArcelorMittal Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital18.3 B16.9 B9.2 B
Slightly volatile
Tangible Asset Value77.7 B80.7 B87 B
Slightly volatile
Market Capitalization27.1 B27.5 B23.8 B
Very volatile
Invested Capital Average63.1 B60.9 B77.2 B
Slightly volatile
Invested Capital63.2 B62.5 B75.4 B
Slightly volatile
Free Cash Flow8.4 B7.7 B2.6 B
Slightly volatile
Enterprise Value27.7 B25.3 B36.3 B
Slightly volatile
Average Equity54.3 B58.8 B44.2 B
Pretty Stable
Earnings before Tax13.7 B12.7 B3.3 B
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD13.1 B16 B8.4 B
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA13.1 B16 B8.4 B
Slightly volatile
Average Assets81.9 B83.3 B94 B
Slightly volatile

ArcelorMittal Fundamental Market Drivers

Forward Price Earnings6.4767
Cash And Short Term Investments7.8 B

ArcelorMittal Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ArcelorMittal Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ArcelorMittal income statement, its balance sheet, and the statement of cash flows. ArcelorMittal investors use historical funamental indicators, such as ArcelorMittal's revenue or net income, to determine how well the company is positioned to perform in the future. Although ArcelorMittal investors may use each financial statement separately, they are all related. The changes in ArcelorMittal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ArcelorMittal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ArcelorMittal Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ArcelorMittal. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Cost of Revenue60.6 B58.6 B
Revenues71.9 B67.5 B

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When determining whether ArcelorMittal SA ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ArcelorMittal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arcelormittal Sa Adr Stock. Highlighted below are key reports to facilitate an investment decision about Arcelormittal Sa Adr Stock:
Check out the analysis of ArcelorMittal Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is ArcelorMittal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcelorMittal. If investors know ArcelorMittal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcelorMittal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
0.5
Earnings Share
1.09
Revenue Per Share
40.5435
Quarterly Revenue Growth
(0.14)
The market value of ArcelorMittal SA ADR is measured differently than its book value, which is the value of ArcelorMittal that is recorded on the company's balance sheet. Investors also form their own opinion of ArcelorMittal's value that differs from its market value or its book value, called intrinsic value, which is ArcelorMittal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcelorMittal's market value can be influenced by many factors that don't directly affect ArcelorMittal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcelorMittal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcelorMittal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.