ArcelorMittal Financial Statements From 2010 to 2023

MT Stock  USD 28.44  1.45  5.37%   
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.
There are currently ninety-one fundamental signals for ArcelorMittal SA ADR that can be evaluated and compared over time across rivals. Make sure you validate ArcelorMittal's prevailing fundamentals against the performance from 2010 to 2023 and make sure the trends continue to evolve in the right direction.
ArcelorMittal Earnings before Tax are comparatively stable at the moment as compared to the past year. ArcelorMittal reported Earnings before Tax of 11.02 Billion in 2022. Enterprise Value is likely to gain to about 29.7 B in 2023, whereas Average Equity is likely to drop slightly above 44.3 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 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. 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 Revenues

72.2 Billion

ArcelorMittal Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities2.8 BB2.9 B
Down
Pretty Stable
Tax AssetsB8.6 BB
Up
Pretty Stable
Accumulated Retained Earnings Deficit38.4 B45.4 B26.2 B
Up
Slightly volatile
Trade and Non Trade Receivables3.7 B3.8 B4.1 B
Down
Slightly volatile
Property Plant and Equipment Net32 B30.2 B40.1 B
Down
Slightly volatile
Trade and Non Trade Payables14.4 B13.5 B12.5 B
Up
Slightly volatile
Liabilities Non Current19.7 B16.6 B27.5 B
Down
Slightly volatile
Current Liabilities24.5 B22.4 B22.4 B
Down
Very volatile
Total Liabilities40.7 B39 B49.7 B
Down
Slightly volatile
Investments Non Current10.8 B11.9 B8.1 B
Up
Slightly volatile
Investments Current361.8 M417.4 M198.9 M
Up
Slightly volatile
Investments10.8 B11.9 B8.2 B
Up
Slightly volatile
Inventory20.7 B20.1 B17.9 B
Up
Very volatile
Goodwill and Intangible Assets5.2 B4.9 B6.6 B
Down
Slightly volatile
Shareholders Equity USD51.9 B53.2 B42.9 B
Up
Pretty Stable
Shareholders Equity51.9 B53.2 B42.9 B
Up
Pretty Stable
Total Debt USD12.8 B11.7 B17.3 B
Down
Slightly volatile
Debt Non Current10.3 B9.1 B14.3 B
Down
Slightly volatile
Debt Current2.5 B2.6 BB
Down
Slightly volatile
Total Debt12.8 B11.7 B17.3 B
Down
Slightly volatile
Cash and Equivalents USD7.6 B9.4 B4.8 B
Up
Slightly volatile
Cash and Equivalents7.6 B9.4 B4.8 B
Up
Slightly volatile
Assets Non Current56.4 B57.4 B64.5 B
Down
Slightly volatile
Current Assets36.7 B37.1 B30.5 B
Up
Pretty Stable
Total Assets88.4 B94.5 B94.7 B
Down
Slightly volatile

ArcelorMittal Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense1.9 B1.7 B362.6 M
Up
Slightly volatile
Weighted Average Shares Diluted1.1 B1.2 B856 M
Up
Slightly volatile
Weighted Average Shares987.7 M910.9 M834.1 M
Up
Slightly volatile
Selling General and Administrative Expense2.3 B2.3 B2.6 B
Down
Slightly volatile
Revenues USD72.2 B79.8 B73.5 B
Down
Slightly volatile
Revenues72.2 B79.8 B73.5 B
Down
Slightly volatile
Operating Income11.1 B10.3 B3.4 B
Up
Slightly volatile
Operating Expenses2.3 B2.3 B2.6 B
Down
Slightly volatile
Net Income to Non Controlling Interests214.6 M236 M154.8 M
Up
Slightly volatile
Net Income Common Stock USD10 B9.3 B1.5 B
Up
Slightly volatile
Net Income Common Stock10 B9.3 B1.5 B
Up
Slightly volatile
Net Income10 B9.3 B1.5 B
Up
Slightly volatile
Interest Expense342.8 M334 MB
Down
Slightly volatile
Gross Profit10.3 B12.5 B5.8 B
Up
Slightly volatile
Earning Before Interest and Taxes USD12.2 B11.4 B3.9 B
Up
Slightly volatile
Earning Before Interest and Taxes EBIT12.2 B11.4 B3.9 B
Up
Slightly volatile
Cost of Revenue62.9 B67.3 B67.7 B
Down
Slightly volatile
Consolidated Income10.3 B9.5 B1.5 B
Up
Slightly volatile

ArcelorMittal Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Effect of Exchange Rate Changes on Cash (162.2 M)(158 M)(68.6 M)
Down
Very volatile
Net Cash Flow from Operations8.4 B10.2 B5.5 B
Up
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(32.8 M)(32 M)174.7 M
Down
Slightly volatile
Net Cash Flow from Financing(514.7 M)(477 M)(1.7 B)
Down
Pretty Stable
Issuance Repayment of Debt Securities 3.4 B3.1 B(791.6 M)
Up
Pretty Stable
Issuance Purchase of Equity Shares(3 B)(2.9 B)353.3 M
Down
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(963.7 M)(939 M)231 M
Down
Pretty Stable
Net Cash Flow or Change in Cash and Cash Equivalents5.7 B5.2 B917 M
Up
Slightly volatile
Depreciation Amortization and Accretion2.7 B2.6 B3.4 B
Down
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share96.1598.413119
Down
Slightly volatile
Sales per Share83.0787.65598.1546
Down
Slightly volatile
Return on Sales0.150.1420.0523
Up
Slightly volatile
Return on Invested Capital0.180.1680.0608
Up
Slightly volatile
Return on Average Equity0.20.1820.0321
Up
Slightly volatile
Return on Average Assets0.110.1010.0201
Up
Slightly volatile
Price to Sales Ratio0.350.2990.3393
Up
Pretty Stable
Price to Earnings Ratio2.922.71(5.1876)
Up
Pretty Stable
Price to Book Value0.540.4490.5376
Up
Very volatile
Payout Ratio0.02730.0253(0.1126)
Up
Slightly volatile
Profit Margin0.120.1170.0188
Up
Slightly volatile
Gross Margin0.130.1570.0797
Up
Slightly volatile
Free Cash Flow per Share7.987.3942.3496
Up
Slightly volatile
Enterprise Value over EBITDA2.792.0156.4334
Down
Slightly volatile
Enterprise Value over EBIT1.941.8(2.3756)
Down
Very volatile
Earnings per Basic Share USD16.7915.561.3285
Up
Slightly volatile
Earnings per Diluted Share16.7415.511.3141
Up
Slightly volatile
Earnings per Basic Share16.7915.561.3285
Up
Slightly volatile
EBITDA Margin0.150.1750.0961
Up
Slightly volatile
Dividends per Basic Common Share0.430.3230.7433
Down
Slightly volatile
Dividend Yield0.01450.0120.0197
Down
Slightly volatile
Debt to Equity Ratio0.90.7331.208
Down
Slightly volatile
Current Ratio1.651.6571.3644
Up
Slightly volatile
Book Value per Share51.8858.35256.2196
Down
Slightly volatile
Asset Turnover0.90.8630.775
Up
Slightly volatile

ArcelorMittal Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital12.2 B14.7 BB
Up
Slightly volatile
Tangible Asset Value83.2 B89.6 B88.1 B
Down
Slightly volatile
Market Capitalization25.5 B23.9 B23.3 B
Up
Very volatile
Invested Capital Average67.9 B67.7 B79.9 B
Down
Slightly volatile
Invested Capital68.1 B69.5 B78.4 B
Down
Slightly volatile
Free Cash Flow7.3 B6.7 B2.1 B
Up
Slightly volatile
Enterprise Value29.7 B28.1 B37.1 B
Down
Slightly volatile
Average Equity44.3 B51.1 B42.7 B
Down
Pretty Stable
Earnings before Tax11.9 B11 B1.9 B
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD11.7 B13.9 B7.1 B
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA11.7 B13.9 B7.1 B
Up
Slightly volatile
Average Assets87.8 B92.5 B96.2 B
Down
Slightly volatile

ArcelorMittal Fundamental Market Drivers

Forward Price Earnings4.5331
Cash And Short Term Investments9.4 B

ArcelorMittal Upcoming Events

Upcoming Quarterly Report4th of May 2023
Next Financial Report27th of July 2023
Next Fiscal Quarter End31st of March 2023
Next Fiscal Year End8th of February 2024
Last Quarter Report31st of December 2022
Last Financial Announcement31st of December 2022

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 2023
Cost of Revenue67.3 B62.9 B
Revenues79.8 B72.2 B

ArcelorMittal Investors Sentiment

The influence of ArcelorMittal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ArcelorMittal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to ArcelorMittal's public news can be used to forecast risks associated with investment in ArcelorMittal. The trend in average sentiment can be used to explain how an investor holding ArcelorMittal can time the market purely based on public headlines and social activities around ArcelorMittal SA ADR. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
ArcelorMittal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ArcelorMittal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ArcelorMittal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ArcelorMittal.

ArcelorMittal Implied Volatility

    
  117.48  
ArcelorMittal's implied volatility exposes the market's sentiment of ArcelorMittal SA ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ArcelorMittal's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ArcelorMittal stock will not fluctuate a lot when ArcelorMittal's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ArcelorMittal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ArcelorMittal's short interest history, or implied volatility extrapolated from ArcelorMittal options trading.

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Additionally, see the analysis of ArcelorMittal Correlation against competitors. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running ArcelorMittal SA ADR 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 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
(0.92) 
Dividend Share
0.44
Earnings Share
10.39
Revenue Per Share
43.822
Quarterly Revenue Growth
(0.19) 
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.