ArcelorMittal Weighted Average Shares Trend from 2010 to 2023

MT Stock  USD 31.32  0.60  1.88%   
ArcelorMittal Weighted Average Shares yearly trend continues to be comparatively stable with very little volatility. Weighted Average Shares will likely drop to about 1.1 B in 2023. From the period from 2010 to 2023, ArcelorMittal Weighted Average Shares quarterly data regression had r-squared of 0.92 and coefficient of variation of  28.90. ArcelorMittal Operating Expenses is comparatively stable at the moment as compared to the past year. ArcelorMittal reported Operating Expenses of 2.03 Billion in 2022. Operating Income is likely to gain to about 21.1 B in 2023, whereas Weighted Average Shares Diluted is likely to drop slightly above 1.2 B in 2023.
  
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 19.3 B, Cost of Revenue of 55.3 B or Earning Before Interest and Taxes EBIT of 23 B, as well as many exotic indicators such as Asset Turnover of 0.98, Book Value per Share of 44.37 or Current Ratio of 1.24. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules. It can also supplement ArcelorMittal's financial leverage analysis and stock options assessment as well as various ArcelorMittal Technical models . Additionally, see the analysis of ArcelorMittal Correlation against competitors.

ArcelorMittal Weighted Average Shares Breakdown

Showing smoothed Weighted Average Shares of ArcelorMittal SA ADR with missing and latest data points interpolated. The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.ArcelorMittal's Weighted Average Shares 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.
ViewLast Reported 816 M10 Years Trend
Up
Slightly volatile
   Weighted Average Shares   
       Timeline  

ArcelorMittal Weighted Average Shares Regression Statistics

Arithmetic Mean868,806,077
Geometric Mean831,382,958
Coefficient Of Variation28.90
Mean Deviation218,262,494
Median1,012,079,421
Standard Deviation251,073,078
Range726,511,575
R-Value0.96
R-Squared0.92
Significance0.00000008
Slope57,448,265

ArcelorMittal Weighted Average Shares History

2013593.3 M
2014770.7 M
2015772 M
2016953 M
2017B
2018B
2019B
2020B
20211.1 B
20221.2 B
20231.1 B

Other Fundumenentals of ArcelorMittal SA ADR

ArcelorMittal Weighted Average Shares component correlations

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 Weighted Average Shares, 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 2023
Weighted Average Shares1.2 B1.1 B
Weighted Average Shares Diluted1.3 B1.2 B
Average Assets77.7 B81.3 B
Average Equity39.3 B38.3 B
Invested Capital Average57.6 B64 B

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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
(0.73) 
Market Capitalization
26.1 B
Quarterly Revenue Growth
(0.06) 
Return On Assets
0.1037
Return On Equity
0.2608
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 ArcelorMittal value 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.