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) Gross margin

Alert me on Gross margin

ArcelorMittal's gross margin over the twelve months to 30 June 2026 was 7.27%, up 0.1 percentage points from fiscal 2025 (7.13%). Over the past ten years it has ranged from −2.54% (fiscal 2015) to 25.1% (fiscal 2021); the current reading is higher than 36% of that period. That is below the Steel industry median of 14.0% and below the Basic Materials sector median of 25.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 7.13% (2.14)
FY2024 9.27% 2.33
FY2023 6.94% (8.76)
FY2022 15.7% (9.42)
FY2021 25.1% 17.36
FY2020 7.76% 5.31
FY2019 2.45% (9.40)
FY2018 11.9% 0.49
FY2017 11.4% 0.16
FY2016 11.2% 13.74

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 11.0% 1.23
Mar 2026 9.72% 10.68
Dec 2025 −0.96% (9.75)
Sep 2025 8.79% (1.64)
42 more quarters

Against its own ten years

Low −2.54% High 25.1%
Ten-year median 9.27%
Current reading's percentile 36

Gross margin against peers

Company Gross margin
RS Reliance, Inc. compare 28.1%
SIM Grupo Simec, S.A. de C.V. compare 25.7%
TX Ternium S.A. compare 19.6%
NUE Nucor Corporation compare 17.3%
STLD Steel Dynamics, Inc. compare 15.9%
GGB Gerdau S.A. compare 13.2%
PKX POSCO Holdings Inc. compare 7.86%
MT ArcelorMittal 7.27%
CLF Cleveland-Cliffs Inc. compare 1.54%
Steel industry median 14.0%
Basic Materials sector median 25.0%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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