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Complete financial analysis of ArcelorMittal S.A. (MT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ArcelorMittal S.A., a leading company in the Steel industry within the Basic Materials sector.
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ArcelorMittal S.A. (MT)
About ArcelorMittal S.A.
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, which includes blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 68.28B | 79.84B | 76.57B | 53.27B | 70.62B | 76.03B | 68.68B | 56.79B | 63.58B | 79.28B | 79.44B | 84.21B | 93.97B | 78.03B | 65.11B | 124.94B | 105.22B | 58.87B | 28.13B | 22.20B | 5.44B | 4.89B | 4.49B | 5.10B | 4.68B | 3.49B | 2.19B |
| Cost of Revenue | 63.54B | 67.31B | 57.34B | 49.14B | 3.07B | 67.03B | 60.88B | 50.43B | 65.20B | 73.29B | 75.25B | 84.12B | 85.52B | 71.08B | 62.91B | 106.11B | 84.95B | 48.41B | 21.50B | 14.69B | 4.94B | 4.36B | 4.27B | 4.42B | 4.05B | 2.85B | 1.71B |
| Gross Profit | 4.74B | 12.54B | 19.23B | 4.13B | 67.55B | 9.01B | 7.80B | 6.36B | -1.62B | 5.99B | 4.19B | 96.00M | 8.45B | 6.94B | 2.20B | 18.83B | 20.26B | 10.46B | 6.64B | 7.50B | 498.00M | 533.00M | 213.00M | 673.00M | 628.00M | 647.00M | 483.00M |
| Gross Profit Ratio | 6.94% | 15.70% | 25.12% | 7.76% | 95.66% | 11.85% | 11.36% | 11.20% | -2.54% | 7.56% | 5.28% | 0.11% | 9.00% | 8.90% | 3.37% | 15.07% | 19.26% | 17.77% | 23.59% | 33.80% | 9.15% | 10.90% | 4.75% | 13.20% | 13.42% | 18.53% | 22.05% |
| Research & Development | 299.00M | 286.00M | 270.00M | 245.00M | 301.00M | 290.00M | 278.00M | 239.00M | 227.00M | 259.00M | 270.00M | 285.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.10B | 2.26B | 2.26B | 2.02B | 2.36B | 2.47B | 2.37B | 2.20B | 2.54B | 2.96B | 3.00B | 3.32B | 3.56B | 3.34B | 3.88B | 6.59B | 5.43B | 2.96B | 1.06B | 804.00M | 164.00M | 214.00M | 155.00M | 181.00M | 156.00M | 129.00M | 76.00M |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 829.00M | 553.00M | 183.00M | 177.00M | 252.00M | 177.00M | 164.00M | 91.00M | 88.00M |
| Operating Expenses | 2.40B | 2.26B | 2.26B | 2.02B | 2.36B | 2.47B | 2.37B | 2.20B | 2.54B | 2.96B | 3.00B | 3.32B | 4.67B | 4.40B | 6.94B | 6.59B | 5.43B | 2.96B | 1.89B | 1.36B | 347.00M | 391.00M | 407.00M | 358.00M | 320.00M | 220.00M | 164.00M |
| Cost & Expenses | 65.94B | 69.57B | 59.60B | 51.16B | 3.07B | 69.49B | 63.25B | 52.63B | 67.74B | 76.25B | 78.24B | 87.44B | 4.67B | 4.40B | 6.94B | 112.70B | 90.39B | 51.37B | 23.39B | 16.05B | 5.29B | 4.75B | 4.68B | 4.78B | 4.37B | 3.07B | 1.87B |
| Interest Income | 570.00M | 188.00M | 79.00M | 56.00M | 88.00M | 72.00M | 56.00M | 58.00M | 105.00M | 96.00M | 113.00M | 157.00M | 123.00M | 133.00M | 190.00M | 497.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 715.00M | 213.00M | 278.00M | 421.00M | 607.00M | 615.00M | 823.00M | 1.11B | 1.28B | 1.47B | 1.78B | 1.87B | 1.82B | 1.58B | 1.51B | 2.04B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.68B | 2.58B | 2.52B | 2.96B | 3.07B | 2.80B | 2.77B | 2.72B | 7.96B | 4.20B | 5.14B | 9.72B | 5.00B | 4.92B | 5.46B | 6.10B | 4.57B | 2.30B | 829.00M | 553.00M | 183.00M | 177.00M | 216.00M | 177.00M | 164.00M | 91.00M | 88.00M |
| EBITDA | 4.65B | 12.92B | 19.15B | 5.26B | 1.48B | 9.77B | 8.06B | 5.82B | -2.44B | 4.98B | 4.66B | 1.17B | 9.48B | 7.83B | 2.43B | 18.72B | 14.83B | 9.86B | 5.84B | 6.95B | 1.63B | 319.00M | 22.00M | 492.00M | 472.00M | 495.00M | 374.00M |
| EBITDA Ratio | 6.81% | 18.88% | 26.91% | 2.83% | 5.20% | 7.36% | 12.82% | 11.90% | 2.69% | 6.50% | 5.74% | 6.92% | 11.78% | 102.31% | 6.76% | 14.94% | 18.12% | 16.18% | 19.40% | 29.40% | 5.09% | 5.77% | 1.20% | 9.20% | 10.00% | 15.64% | 17.53% |
| Operating Income | 2.34B | 10.27B | 16.98B | -1.32B | -1.33B | 6.54B | 5.43B | 4.16B | -4.16B | 3.03B | 1.20B | -3.23B | 4.90B | 3.61B | -1.68B | 12.24B | 14.83B | 7.50B | 4.75B | 6.15B | 151.00M | 142.00M | -194.00M | 315.00M | 308.00M | 406.00M | 299.00M |
| Operating Income Ratio | 3.43% | 12.87% | 22.17% | -2.47% | -1.88% | 8.60% | 7.91% | 7.33% | -6.54% | 3.83% | 1.51% | -3.83% | 5.21% | 4.62% | -2.58% | 9.79% | 14.09% | 12.74% | 16.87% | 27.69% | 2.78% | 2.90% | -4.32% | 6.18% | 6.58% | 11.63% | 13.65% |
| Total Other Income/Expenses | -1.08B | 983.00M | 1.05B | -1.02B | -1.31B | -1.56B | -427.00M | -1.44B | -3.36B | -3.55B | -3.56B | -2.88B | -2.06B | -1.75B | -2.78B | -699.00M | 58.00M | -337.00M | -53.00M | 619.00M | 101.00M | -166.00M | -224.00M | -193.00M | -180.00M | -116.00M | -62.00M |
| Income Before Tax | 1.26B | 11.26B | 18.03B | 1.09B | -1.93B | 4.98B | 5.01B | 2.72B | -7.52B | -520.00M | -2.36B | -5.77B | 2.68B | 1.86B | -4.44B | 11.54B | 14.89B | 7.20B | 4.70B | 6.13B | 57.00M | -24.00M | -418.00M | 122.00M | 128.00M | 288.00M | 300.00M |
| Income Before Tax Ratio | 1.85% | 14.10% | 23.54% | 2.04% | -2.74% | 6.55% | 7.29% | 4.79% | -11.83% | -0.66% | -2.97% | -6.85% | 2.85% | 2.38% | -6.81% | 9.23% | 14.15% | 12.22% | 16.72% | 27.63% | 1.05% | -0.49% | -9.32% | 2.39% | 2.74% | 8.25% | 13.70% |
| Income Tax Expense | 238.00M | 1.72B | -2.46B | 1.67B | 459.00M | 349.00M | 432.00M | 986.00M | 902.00M | 454.00M | 215.00M | -1.93B | 882.00M | -1.48B | -4.51B | 1.10B | 3.04B | 1.11B | 818.00M | 817.00M | -8.00M | -54.00M | -106.00M | 23.00M | 43.00M | 51.00M | 11.00M |
| Net Income | 919.00M | 9.30B | 20.49B | -578.00M | -2.39B | 5.15B | 4.57B | 1.78B | -7.95B | -1.09B | -2.55B | -3.73B | 2.26B | 2.92B | 118.00M | 9.40B | 10.37B | 5.23B | 3.37B | 4.70B | 66.00M | 49.00M | -312.00M | 99.00M | 85.00M | 237.00M | 289.00M |
| Net Income Ratio | 1.35% | 11.65% | 26.75% | -1.09% | -3.39% | 6.77% | 6.65% | 3.13% | -12.50% | -1.37% | -3.20% | -4.42% | 2.41% | 3.74% | 0.18% | 7.52% | 9.85% | 8.88% | 11.96% | 21.18% | 1.21% | 1.00% | -6.95% | 1.94% | 1.82% | 6.79% | 13.20% |
| EPS | 1.09 | 10.21 | 18.54 | -0.51 | -2.36 | 5.07 | 4.48 | 1.87 | -10.30 | -1.42 | -3.41 | -5.73 | 3.48 | 4.60 | 0.19 | 16.30 | 17.66 | 12.66 | 11.44 | 19.31 | 4.36 | 0.95 | -6.15 | 1.95 | 1.69 | 4.60 | 4.81 |
| EPS Diluted | 1.09 | 10.18 | 18.49 | -0.51 | -2.36 | 5.04 | 4.46 | 1.86 | -10.29 | -1.41 | -3.41 | -5.73 | 2.84 | 4.10 | 0.19 | 16.28 | 17.64 | 12.63 | 11.42 | 19.31 | 4.36 | 0.95 | -6.15 | 1.95 | 1.69 | 4.60 | 4.81 |
| Weighted Avg Shares Out | 842.00M | 911.00M | 1.11B | 1.14B | 1.01B | 1.02B | 1.02B | 953.00M | 771.60M | 763.89M | 746.79M | 649.88M | 649.88M | 634.35M | 606.24M | 580.23M | 586.94M | 414.51M | 288.23M | 269.77M | 271.45M | 51.60M | 50.77M | 50.35M | 50.35M | 51.60M | 49.02M |
| Weighted Avg Shares Out (Dil) | 845.00M | 914.00M | 1.11B | 1.14B | 1.01B | 1.02B | 1.02B | 955.00M | 772.00M | 770.67M | 746.79M | 649.88M | 675.89M | 671.27M | 606.66M | 581.49M | 587.78M | 414.93M | 289.07M | 269.77M | 271.45M | 51.60M | 50.77M | 50.35M | 50.35M | 52.02M | 49.02M |
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ArcelorMittal today announces its financial calendar for 2025. Earnings results announcements: 6 February 2025: Q4 and full year 2024 2 May 2025: Q1 2025 31 July 2025: Q2 and half year 2025 6 November 2025: Q3 2025 Annual General Meeting...
ArcelorMittal Offers Update on Decarbonization Goals for Europe
MT is currently working on engineering works and analyzing a staged strategy that would begin with building electric arc furnaces.
ArcelorMittal delays green transition plans blaming lack of EU support
ArcelorMittal, the world's second largest steelmaker, said it would be delaying plans to replace its coal fired blast furnaces with hydrogen powered facilities, citing a lack of EU support
ArcelorMittal provides update on its European decarbonization plans
26 November 2024, 08:30 CET ArcelorMittal is today providing an update on its decarbonization plans in Europe. The Company has previously announced the intention to invest in lower carbon emissions “hydrogen ready” DRI-EAF facilities to replace several blast furnaces across...
ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound
ArcelorMittal, a global steel producer, is strategically exiting challenging markets and investing in high-value assets, despite an 11.6% YTD stock decline. Q3 2024 results showed revenue fell 8.5% YoY, but EBITDA exceeded estimates by 15% due to effective cost control....
ArcelorMittal's Earnings Top Estimates, Revenues Lag in Q3
The decline in MT's sales in Q3 is due to lower average selling prices across segments.
ArcelorMittal upgraded to Buy from Neutral at BofA
BofA upgraded ArcelorMittal to Buy from Neutral with a price target of $32.90, up from $30. The company's earnings are evolving away from Europe as North America has overtaken Europe as ArcelorMittal's single largest source of EBITDA over the past...
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South Africa's metal workers' union said it will go on strike at ArcelorMittal South Africa Ltd on Thursday to protest job cuts that have impacted 107 workers.
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ArcelorMittal S.A. (MT) Q3 2024 Earnings Call Transcript
ArcelorMittal S.A. (NYSE:MT ) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Daniel Fairclough – Investor Relations Genuino Christino – Group Chief Financial Officer Conference Call Participants Ephrem Ravi – Citi Alain Gabriel – Morgan...
Source: https://incomestatements.info
Category: Stock Reports