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

60.57 1.92 −3.07%
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

ArcelorMittal (MT) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, ArcelorMittal (MT) trades at a EV/FCF of −942×. Over the past ten years it has ranged from −1,176× (September 2026) to 366× (September 2017); the current reading is higher than 3% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 74.8× 225.72%
FY2024 23.0× 222.98%
FY2023 7.1× 83.26%
FY2022 3.9× (31.79%)
FY2021 5.7× (71.22%)
FY2020 19.8× 78.19%
FY2019 11.1× (65.92%)
FY2018 32.5× 26.38%
FY2017 25.7× (66.04%)
FY2016 75.8× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 −937× —
Mar 2026 79.9× 6.80%
Dec 2025 74.8× 27.76%
Sep 2025 58.5× 166.34%
42 more quarters

Against its own ten years

Low −1,176× High 366×
Ten-year median 15.6×
Current reading's percentile 3

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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