See more : Data Applications Company, Limited (3848.T) Income Statement Analysis – Financial Results
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.
You may be interested
- GHCL Limited (GHCL.NS) Income Statement Analysis – Financial Results
- ZhuZhou QianJin Pharmaceutical Co.,Ltd (600479.SS) Income Statement Analysis – Financial Results
- REINO Capital S.A. (RNC.WA) Income Statement Analysis – Financial Results
- iTokk, Inc. (IKTO) Income Statement Analysis – Financial Results
- GCL Intelligent Energy Co., Ltd. (002015.SZ) Income Statement Analysis – Financial Results
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 |
ArcelorMittal's India JV seeks duty-free LNG imports, letter shows
ArcelorMittal's India joint venture has called on New Delhi to remove the import tax on liquefied natural gas (LNG) for steelmaking to help the company cut its production costs and meet decarbonisation goals, a letter seen by Reuters showed.
ArcelorMittal: Likely Past The Cyclical Low
ArcelorMittal's Q2 2024 EBITDA was $1.5 billion, showing resilience despite lower steel prices; management expects further EBITDA decline in Q3 due to weak demand. Steel prices have likely bottomed, with market corrections and production cuts in China positioning ArcelorMittal for...
ArcelorMittal's Low Valuation Offers Significant Upside, Despite European Market Woes, Says Deutsche Bank
Deutsche Bank analyst Bastian Synagowitz upgraded Arcelor Mittal NY MT to Buy from Hold and raised the price target from $29 to $31.
ArcelorMittal (MT) Brazil Inks Contracts for Solar Energy Projects
The projects complement ArcelorMittal (MT) Brazil's goals of securing and decarbonizing its future electricity requirements.
ArcelorMittal: Further Upside In Steel, Investing More
Despite macroeconomic challenges, ArcelorMittal's strong fundamentals and growth prospects make it a compelling buy for investors. ArcelorMittal is currently undervalued, presenting a good opportunity for investment with potential for significant upside. Recent financial results show positive growth and strategic investments,...
ArcelorMittal (MT) Closes Strategic 28% Stake Buy in Vallourec
ArcelorMittal (MT) acquires a 28.4% stake in Vallourec, emphasizing its strategic alignment with growth in clean energy markets and bolstering its investment portfolio.
3 Steel Producer Stocks to Watch Amid Industry Challenges
Slumping steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. PKX, MT and CMC are well poised to navigate the current challenging environment.
ArcelorMittal S.A.: ArcelorMittal completes acquisition of strategic stake in Vallourec
06 August 2024, 07:30 CET ArcelorMittal today announces that following the signature of a Share Purchase Agreement on 12 March 2024, and after the approval of relevant antitrust authorities and clearances under foreign investment regulations, it has completed the acquisition...
ArcelorMittal S.A.: ArcelorMittal announces publication of its 2024 half-year report
02 August 2024, 18:00 CET ArcelorMittal (the ‘Company') has today published its half-year report for the six-month period ended 30 June 2024. The report is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports, and on the electronic database of...
ArcelorMittal's (MT) Q2 Earnings and Revenues Miss Estimates
ArcelorMittal's (MT) second-quarter earnings and sales miss estimates on lower steel shipments and a fall in average selling price.
Source: https://incomestatements.info
Category: Stock Reports