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

60.57 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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

ArcelorMittal (MT) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, ArcelorMittal (MT) trades at a P/B ratio of 0.8×. Over the past ten years it has ranged from 0.2× (December 2015) to 1.1× (September 2026); the current reading is higher than 87% of that period. That is below the Steel industry median of 1.1× and below the Basic Materials sector median of 1.7×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 0.6× 73.04%
FY2024 0.4× (16.14%)
FY2023 0.4× (2.89%)
FY2022 0.4× (36.29%)
FY2021 0.7× 5.58%
FY2020 0.6× 47.82%
FY2019 0.4× (7.74%)
FY2018 0.5× (44.09%)
FY2017 0.9× 28.11%
FY2016 0.7× 145.82%

Quarterly newest first

Period P/B ratio Change
Jun 2026 0.8× 15.11%
Mar 2026 0.7× 13.77%
Dec 2025 0.6× 14.65%
Sep 2025 0.5× 14.32%
42 more quarters

Against its own ten years

Low 0.2× High 1.1×
Ten-year median 0.5×
Current reading's percentile 86

P/B ratio against peers

Company P/B ratio
PKX POSCO Holdings Inc. compare 0.3×
TX Ternium S.A. compare 0.6×
MT ArcelorMittal 0.8×
GGB Gerdau S.A. compare 0.8×
CLF Cleveland-Cliffs Inc. compare 1.1×
SIM Grupo Simec, S.A. de C.V. compare 1.2×
NUE Nucor Corporation compare 2.3×
RS Reliance, Inc. compare 2.7×
STLD Steel Dynamics, Inc. compare 3.3×
Steel industry median 1.1×
Basic Materials sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on MT