ArcelorMittal Historical Income Statement
| MT Stock | USD 25.57 0.38 1.51% |
Historical analysis of ArcelorMittal income statement accounts such as Gross Profit of 10.3 B, Interest Expense of 342.8 M or Net Income of 10 B can show how well ArcelorMittal SA ADR performed in making a profits. Evaluating ArcelorMittal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ArcelorMittal's future profits or losses.
ArcelorMittal |
About ArcelorMittal Income Statement Analysis
ArcelorMittal SA ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ArcelorMittal shareholders. The income statement also shows ArcelorMittal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
ArcelorMittal Income Statement Chart
ArcelorMittal SA ADR Income Statement is one of the three primary financial statements used for reporting ArcelorMittal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ArcelorMittal SA ADR revenue and expense. ArcelorMittal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ArcelorMittal's Consolidated Income is comparatively stable as compared to the past year. Earning Before Interest and Taxes EBIT is likely to gain to about 12.2 B in 2023, whereas Net Income to Non Controlling Interests is likely to drop slightly above 214.6 M in 2023. Add Fundamental
Consolidated Income
The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.Earning Before Interest and Taxes EBIT
Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in ArcelorMittal SA ADR financial statement analysis. It represents the amount of money remaining after all of ArcelorMittal SA ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.Revenues
Revenues refers to the total amount of money received by ArcelorMittal for goods sold or services provided during a certain time period. It also includes all of ArcelorMittal SA ADR sales as well as any other increase in ArcelorMittal SA ADR equity. Revenues are reported on ArcelorMittal SA ADR income statement and calculated before any expenses are subtracted. The amount of Revenue recognised from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.Most accounts from ArcelorMittal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ArcelorMittal SA ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, ArcelorMittal's Consolidated Income is comparatively stable as compared to the past year. Earning Before Interest and Taxes EBIT is likely to gain to about 12.2 B in 2023, whereas Net Income to Non Controlling Interests is likely to drop slightly above 214.6 M in 2023.
| 2020 | 2021 | 2022 | 2023 (projected) | Revenues USD | 53.3B | 76.6B | 79.8B | 72.2B | Revenues | 53.3B | 76.6B | 79.8B | 72.2B |
ArcelorMittal income statement Correlations
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ArcelorMittal Account Relationship Matchups
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ArcelorMittal income statement Accounts
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Consolidated Income | 5.3B | (2.4B) | (578M) | 15.6B | 9.5B | 10.3B | |
| Cost of Revenue | 67.0B | 68.9B | 49.1B | 57.3B | 67.3B | 62.9B | |
| Earning Before Interest and Taxes EBIT | 7.0B | (343M) | 2.2B | 18.6B | 11.4B | 12.2B | |
| Earning Before Interest and Taxes USD | 7.0B | (343M) | 2.2B | 18.6B | 11.4B | 12.2B | |
| Gross Profit | 9.0B | 1.7B | 4.1B | 19.2B | 12.5B | 10.3B | |
| Interest Expense | 2.2B | 1.7B | 1.3B | 1.2B | 334M | 342.8M | |
| Net Income | 5.1B | (2.5B) | (733M) | 15.0B | 9.3B | 10.0B | |
| Net Income Common Stock | 5.1B | (2.5B) | (733M) | 15.0B | 9.3B | 10.0B | |
| Net Income Common Stock USD | 5.1B | (2.5B) | (733M) | 15.0B | 9.3B | 10.0B | |
| Net Income to Non Controlling Interests | 181M | 63M | 155M | 609M | 236M | 214.6M | |
| Operating Expenses | 2.5B | 2.4B | 2.0B | 2.3B | 2.3B | 2.3B | |
| Operating Income | 6.5B | (627M) | 2.1B | 17.0B | 10.3B | 11.1B | |
| Revenues | 76.0B | 70.6B | 53.3B | 76.6B | 79.8B | 72.2B | |
| Revenues USD | 76.0B | 70.6B | 53.3B | 76.6B | 79.8B | 72.2B | |
| Selling General and Administrative Expense | 2.5B | 2.4B | 2.0B | 2.3B | 2.3B | 2.3B | |
| Weighted Average Shares | 1.0B | 1.0B | 1.0B | 1.1B | 910.9M | 987.7M | |
| Weighted Average Shares Diluted | 955M | 1.0B | 1.0B | 1.0B | 1.2B | 1.1B | |
| Income Tax Expense | (349M) | 459M | 1.7B | 2.5B | 1.7B | 1.9B |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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.
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.