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

60.73 0.31 +0.51%
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) Net margin

Alert me on Net margin

ArcelorMittal's net margin over the twelve months to 30 June 2026 was 2.88%, down 2.3 percentage points from fiscal 2025 (5.14%). Over the past ten years it has ranged from −12.5% (fiscal 2015) to 19.5% (fiscal 2021); the current reading is higher than 64% of that period. That is below the Steel industry median of 3.14% and above the Basic Materials sector median of 1.42%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 5.14% 3.00
FY2024 2.14% 0.79
FY2023 1.35% (10.30)
FY2022 11.7% (7.88)
FY2021 19.5% 20.91
FY2020 −1.38% 2.10
FY2019 −3.48% (10.25)
FY2018 6.77% 0.12
FY2017 6.65% 3.52
FY2016 3.13% 15.63

Quarterly newest first

Period Net margin Change (points)
Jun 2026 4.07% 0.35
Mar 2026 3.72% 2.54
Dec 2025 1.18% (1.23)
Sep 2025 2.41% (8.85)
42 more quarters

Against its own ten years

Low −12.5% High 19.5%
Ten-year median 3.13%
Current reading's percentile 40

Net margin against peers

Company Net margin
SIM Grupo Simec, S.A. de C.V. compare 11.4%
NUE Nucor Corporation compare 9.24%
STLD Steel Dynamics, Inc. compare 8.82%
RS Reliance, Inc. compare 6.38%
TX Ternium S.A. compare 5.74%
GGB Gerdau S.A. compare 3.40%
MT ArcelorMittal 2.88%
PKX POSCO Holdings Inc. compare 1.94%
CLF Cleveland-Cliffs Inc. compare −2.36%
Steel industry median 3.14%
Basic Materials sector median 1.42%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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