Tuesday 13 October 2026 Export MT’s income statement to Excel — free account

ArcelorMittal

ArcelorMittal’s revenue for fiscal 2025 (year ended December 2025) was $61.4 billion, down 1.74% from fiscal 2024. In the quarter to June 2026, revenue grew 5.24%, EPS fell 61.7%, free cash flow fell 126.6% and total debt rose 5.02%, each against the same quarter a year earlier.

63.34 0.39 +0.62%

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Market cap: $47.5B
P/E: 26.3×
Fwd P/E: 14.7×
Dividend yield: 1.39%
F-score: 6/9
Altman Z: 1.78
Beneish M: −2.41
Dividend safety: 45/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	11.03	14.02	27.40	2.68	2.36	0.00	0.00	4.07	7.59	15.02
Piotroski F-Score Full definition →	6	6	5	5	8	5	3	8	7	7
P/S ratio Full definition →	0.57	0.29	0.35	0.30	0.46	0.49	0.25	0.28	0.51	0.38
Altman Z-Score Full definition →	1.78	1.58	1.74	2.14	2.43	1.23	1.17	1.57	1.60	1.21
Altman Z″-Score (non-manufacturers) Full definition →	3.21	3.09	3.47	4.13	4.09	1.70	1.54	2.38	1.95	1.32
P/FCF ratio Full definition →	60.89	17.96	6.34	3.55	5.10	15.89	7.27	21.95	19.93	50.05
Beneish M-Score Full definition →	(2.41)	(2.89)	(2.19)	(2.40)	(1.91)	(3.22)	(1.10)	(2.30)	(2.16)	(3.00)
P/Operating CF Full definition →	11.61	7.39	7.14	6.68	8.47	18.44	6.06	9.67	12.05	12.99
Dividend Safety Score Full definition →	45	—	—	—	—	—	—	—	—	—
P/B ratio Full definition →	0.62	0.36	0.42	0.44	0.69	0.65	0.44	0.48	0.85	0.66
Price to Tangible BV Full definition →	0.68	0.39	0.47	0.48	0.75	0.73	0.51	0.55	0.99	0.80
EV/Sales Full definition →	0.70	0.37	0.39	0.33	0.51	0.61	0.38	0.41	0.65	0.57
EV/EBITDA Full definition →	6.50	3.92	5.32	2.06	2.01	6.40	11.11	3.33	5.47	4.73
EV/Operating CF Full definition →	8.88	4.80	3.49	2.60	3.96	7.95	4.51	7.41	9.84	12.01
EV/FCF Full definition →	74.79	22.96	7.11	3.88	5.69	19.76	11.09	32.54	25.75	75.83
Quick Ratio Full definition →	0.40	0.45	0.53	0.59	0.39	0.40	0.40	0.29	0.31	0.31
Current Ratio Full definition →	1.36	1.35	1.53	1.66	1.45	1.23	1.34	1.38	1.25	1.23
Net Debt/EBITDA Full definition →	1.21	0.85	0.58	0.17	0.21	1.25	3.83	1.08	1.24	1.61
Debt/Assets Full definition →	13.73%	12.94%	11.37%	12.32%	9.28%	15.02%	16.31%	13.68%	15.16%	18.20%
Debt/Equity Full definition →	0.24	0.23	0.19	0.21	0.16	0.31	0.35	0.28	0.32	0.42
Asset Turnover Full definition →	0.66	0.68	0.72	0.86	0.89	0.63	0.79	0.86	0.86	0.75
Operating CF/Net income Full definition →	1.53	3.62	8.32	1.10	0.66	(5.57)	(2.45)	0.81	1.00	1.52
Capex/Depreciation Full definition →	(1.44)	(1.46)	(1.46)	(1.31)	(1.19)	(0.82)	(1.16)	(1.16)	(1.02)	(0.84)
Interest Coverage Full definition →	5.12	2.82	2.72	30.75	14.70	1.68	(0.38)	2.96	6.21	2.02
ROE Full definition →	5.85%	2.49%	1.65%	17.40%	32.66%	(1.82%)	(5.80%)	12.12%	12.48%	5.94%
ROA Full definition →	3.37%	1.46%	0.98%	10.05%	17.33%	(0.86%)	(2.74%)	5.83%	5.69%	2.34%
ROIC Full definition →	3.52%	3.67%	2.48%	11.10%	19.16%	2.83%	(0.79%)	7.54%	6.66%	5.99%
Return on Tangible Assets Full definition →	6.42%	3.28%	2.04%	20.72%	36.61%	(2.04%)	(5.63%)	11.53%	10.80%	4.57%
Average Days of Receivables Full definition →	20.68	19.73	19.57	17.55	24.52	21.05	18.45	21.28	20.53	19.11
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	4.25%	3.97%	3.51%	2.83%	2.95%	3.80%	3.33%	3.25%	3.45%	3.88%
Intangible Assets out of Total Assets Full definition →	0.05	0.05	0.05	0.05	0.05	0.05	0.06	0.06	0.07	0.08
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(0.30)	(0.48)	(0.19)	(0.08)	(0.12)	(0.53)	(1.06)	(0.70)	(0.51)	(0.96)
Graham Number Full definition →	82.98	49.16	39.28	116.82	118.85	0.00	0.00	70.48	63.61	33.84
Earnings Yield Full definition →	9.06%	7.13%	3.65%	37.33%	42.44%	(3.54%)	(13.80%)	24.58%	13.18%	6.66%
Free Cash Flow Yield Full definition →	1.64%	5.57%	15.78%	28.15%	19.60%	6.29%	13.76%	4.56%	5.02%	2.00%
Revenue per Share Full definition →	80.41	79.24	81.09	87.64	69.30	46.73	69.71	74.91	67.33	59.59
Operating CF per Share Full definition →	6.30	6.16	9.08	11.20	8.96	3.58	5.94	4.13	4.47	2.84
Capex per Share Full definition →	(5.55)	(4.87)	(4.63)	(3.70)	(2.73)	(2.14)	(3.53)	(3.19)	(2.76)	(2.39)
Free Cash Flow per Share Full definition →	0.75	1.29	4.45	7.50	6.24	1.44	2.41	0.94	1.71	0.45
Cash per Share Full definition →	7.18	8.23	9.24	10.33	3.96	5.23	4.93	2.32	2.73	2.74
Shareholders Equity per Share Full definition →	74.10	65.08	66.59	61.02	46.47	35.30	39.96	43.46	40.05	33.92
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	74.10	65.08	66.59	61.02	46.47	35.30	39.96	43.46	40.05	33.92
Free Cash Flow Full definition →	571.00	1,015.00	3,750.00	6,830.00	6,893.00	1,643.00	2,445.00	956.00	1,744.00	429.00
Working Capital Full definition →	8,085.00	7,557.00	11,471.00	14,720.00	10,772.00	5,306.00	7,329.00	9,020.00	5,335.00	4,132.00
Capital Expenditures Full definition →	(4,237.00)	(3,837.00)	(3,895.00)	(3,373.00)	(3,012.00)	(2,439.00)	(3,572.00)	(3,240.00)	(2,819.00)	(2,279.00)
Net Current Asset Value Full definition →	(10,562.00)	(8,717.00)	(4,609.00)	(1,839.00)	(4,229.00)	(13,842.00)	(18,809.00)	(14,666.00)	(17,697.00)	(20,570.00)
EV/EBIT Full definition →	11.77	7.04	11.39	2.58	2.31	15.39	0.00	4.76	8.26	7.82
Capex to Sales Full definition →	0.07	0.06	0.06	0.04	0.04	0.05	0.05	0.04	0.04	0.04
Price to Operating Income Full definition →	9.58	5.51	10.15	2.36	2.07	12.37	0.00	3.21	6.40	5.16
Other line items
Depreciation/Fixed assets Full definition →	0.07	0.08	0.08	0.09	0.08	0.10	0.08	0.08	0.07	0.08
Cash ROIC Full definition →	0.76%	1.46%	5.03%	8.91%	10.75%	2.81%	4.09%	1.62%	3.08%	0.88%
Accounts Receivable Turnover Full definition →	17.91	17.75	18.21	17.78	18.64	16.04	17.65	18.33	20.09	20.09
Accounts Payable Turnover Full definition →	4.39	4.27	4.68	4.70	4.31	4.07	5.18	4.89	4.86	4.57
Inventory Turnover Full definition →	3.25	3.21	3.27	3.37	3.56	3.32	3.62	3.46	3.72	3.58
Average Days of Payables Full definition →	83.33	83.25	78.16	73.38	96.08	85.61	66.84	76.14	80.51	84.20
Days of Inventory on Hand Full definition →	119.09	106.31	107.76	108.93	126.41	91.57	91.64	112.97	107.84	106.65
Average Receivables Full definition →	3,425.50	3,518.00	3,750.00	4,491.00	4,107.50	3,320.50	4,000.50	4,147.50	3,418.50	2,826.50
Average Payables Full definition →	12,964.50	13,263.00	13,568.50	14,312.50	13,309.00	12,069.50	13,297.50	13,704.50	12,530.50	11,024.50
Average Inventory Full definition →	17,545.00	17,630.00	19,423.00	19,972.50	16,093.00	14,812.00	19,020.00	19,365.00	16,360.00	14,079.00
Average Assets Full definition →	93,544.00	91,651.00	94,232.00	92,529.50	86,282.00	84,980.00	89,578.50	88,273.00	80,219.50	75,994.00
Average Common Equity Full definition →	53,911.00	53,677.00	55,829.00	53,467.00	45,790.50	40,360.00	42,295.50	42,481.50	36,590.00	29,947.50

Fold the line items

Columns are period end dates

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