ArcelorMittal Return on Invested Capital from 2010 to 2023
| MT Stock | USD 25.26 0.18 0.71% |
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 10.3 B, Cost of Revenue of 62.9 B or Earning Before Interest and Taxes EBIT of 12.2 B, as well as many exotic indicators such as Asset Turnover of 0.9, Book Value per Share of 51.88 or Current Ratio of 1.65. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules.
ArcelorMittal | Return on Invested Capital |
ArcelorMittal Return on Invested Capital Breakdown
Showing smoothed Return on Invested Capital of ArcelorMittal SA ADR with missing and latest data points interpolated. Return on Invested Capital is a ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change. ArcelorMittal's Return on Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ArcelorMittal's overall financial position and show how it may be relating to other accounts over time.
| Return on Invested Capital | 10 Years Trend |
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Return on Invested Capital |
| Timeline |
ArcelorMittal Return on Invested Capital Regression Statistics
| Arithmetic Mean | 0.06 | |
| Coefficient Of Variation | 161.02 | |
| Mean Deviation | 0.08 | |
| Median | 0.033 | |
| Standard Deviation | 0.1 | |
| Sample Variance | 0.009583 | |
| Range | 0.34 | |
| R-Value | 0.76 | |
| Mean Square Error | 0.004443 | |
| R-Squared | 0.57 | |
| Significance | 0.001746 | |
| Slope | 0.017699 | |
| Total Sum of Squares | 0.12 |
ArcelorMittal Return on Invested Capital History
| 2023 | 0.18 | ||
| 2022 | 0.17 | ||
| 2021 | 0.29 | ||
| 2020 | 0.033 | ||
| 2019 | -0.005 | ||
| 2018 | 0.1 | ||
| 2017 | 0.09 | ||
| 2016 | 0.073 | ||
| 2015 | -0.054 | ||
| 2014 | 0.03 | ||
| 2013 | 0.008 |
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 Return on Invested Capital, 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 Reported | Projected for 2023 | ||
| Return on Invested Capital | 0.17 | 0.18 | |
| Invested Capital | 69.5 B | 68.1 B | |
| Invested Capital Average | 67.7 B | 67.9 B | |
| Market Capitalization | 23.9 B | 25.5 B | |
| Working Capital | 14.7 B | 12.2 B |
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Check out the analysis of ArcelorMittal Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.
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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 (0.009) | Dividend Share 0.44 | Earnings Share 5.02 | Revenue Per Share 41.4525 | Quarterly Revenue Growth (0.12) |
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.