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) Price to free cash flow

Alert me on Price to free cash flow

ArcelorMittal has no meaningful price to free cash flow: its trailing twelve-month free cash flow is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 257× (September 2017) — the current reading is the lowest in ten years.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 60.9× 239.10%
FY2024 18.0× 183.40%
FY2023 6.3× 78.39%
FY2022 3.6× (30.39%)
FY2021 5.1× (67.89%)
FY2020 15.9× 118.65%
FY2019 7.3× (66.89%)
FY2018 21.9× 10.10%
FY2017 19.9× (60.17%)
FY2016 50.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 0.0× —
Mar 2026 64.6× 6.15%
Dec 2025 60.9× 38.56%
Sep 2025 43.9× 168.82%
42 more quarters

Against its own ten years

Low 0.0× High 257×
Ten-year median 11.1×
Current reading's percentile 14

Price to free cash flow against peers

Company Price to free cash flow
MT ArcelorMittal n/m
TX Ternium S.A. compare n/m
CLF Cleveland-Cliffs Inc. compare n/m
PKX POSCO Holdings Inc. compare n/m
SIM Grupo Simec, S.A. de C.V. compare n/m
GGB Gerdau S.A. compare 13.3×
NUE Nucor Corporation compare 20.8×
STLD Steel Dynamics, Inc. compare 29.1×
RS Reliance, Inc. compare 41.4×
Steel industry median 22.2×
Basic Materials sector median 17.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on MT