Pricing Log in Create free account
Friday 6 November 2026 Export MT’s income statement to Excel — free account

ArcelorMittal

MT Basic Materials Steel

ArcelorMittal’s revenue for fiscal 2025 (year ended December 2025) was $61.4 billion, down 1.74% from fiscal 2024.

Revenue
+5.24%
EPS
−61.7%
Free cash flow
−126.6%
Total debt
+5.02%

Quarter to June 2026, against a year earlier

60.59 0.17 +0.28%
Market cap
$45.6B
P/E
25.3×
Fwd P/E
19.6×
Dividend yield
1.20%
F-score
6/9
Altman Z
1.78
Beneish M
−2.41
Dividend safety
45/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

ArcelorMittal (MT) Debt to equity

Alert me on Debt to equity

ArcelorMittal's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 0.0× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.2× (fiscal 2021) to 0.7× (fiscal 2015); the current reading is higher than 45% of that period. That is in line with the Steel industry median of 0.3× and above the Basic Materials sector median of 0.2×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.2× 5.19%
FY2024 0.2× 18.37%
FY2023 0.2× (9.11%)
FY2022 0.2× 28.12%
FY2021 0.2× (46.57%)
FY2020 0.3× (13.55%)
FY2019 0.4× 25.16%
FY2018 0.3× (10.56%)
FY2017 0.3× (25.20%)
FY2016 0.4× (41.06%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× 6.10%
Mar 2026 0.2× 0.84%
Dec 2025 0.2× (9.57%)
Sep 2025 0.3× 7.85%
41 more quarters

Against its own ten years

Low 0.2× High 0.7×
Ten-year median 0.3×
Current reading's percentile 45

Debt to equity against peers

Company Debt to equity
SIM Grupo Simec, S.A. de C.V. compare 0.0×
TX Ternium S.A. compare 0.2×
RS Reliance, Inc. compare 0.2×
MT ArcelorMittal 0.3×
GGB Gerdau S.A. compare 0.3×
NUE Nucor Corporation compare 0.3×
PKX POSCO Holdings Inc. compare 0.3×
STLD Steel Dynamics, Inc. compare 0.4×
CLF Cleveland-Cliffs Inc. compare 1.3×
Steel industry median 0.3×
Basic Materials sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on MT