stockrowArcelorMittal
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
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ArcelorMittal (MT) EV/EBITDA
As of 5 November 2026, ArcelorMittal (MT) trades at a EV/EBITDA of 9.6×. Over the past ten years it has ranged from 0.0× (September 2016) to 531× (December 2020); the current reading is higher than 87% of that period. That is above the Steel industry median of 8.2× and in line with the Basic Materials sector median of 9.2×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 6.5× | 65.64% |
| FY2024 | 3.9× | (26.22%) |
| FY2023 | 5.3× | 157.85% |
| FY2022 | 2.1× | 2.54% |
| FY2021 | 2.0× | (68.60%) |
| FY2020 | 6.4× | (42.37%) |
| FY2019 | 11.1× | 233.55% |
| FY2018 | 3.3× | (39.15%) |
| FY2017 | 5.5× | 15.82% |
| FY2016 | 4.7× | — |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 9.5× | 28.60% |
| Mar 2026 | 7.4× | 14.10% |
| Dec 2025 | 6.5× | 20.31% |
| Sep 2025 | 5.4× | 11.11% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| PKX POSCO Holdings Inc. compare | 4.2× |
| TX Ternium S.A. compare | 4.9× |
| GGB Gerdau S.A. compare | 6.2× |
| SIM Grupo Simec, S.A. de C.V. compare | 7.6× |
| MT ArcelorMittal | 9.6× |
| NUE Nucor Corporation compare | 10.5× |
| STLD Steel Dynamics, Inc. compare | 11.0× |
| RS Reliance, Inc. compare | 12.5× |
| CLF Cleveland-Cliffs Inc. compare | 18.6× |
| Steel industry median | 8.2× |
| Basic Materials sector median | 9.2× |
| Market median | 10.9× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on MT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement