ArcelorMittal SA
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 11.1 | 13.6 | 25.4 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.6 | 0.6 | 0.7 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.6 | 0.7 | 0.8 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.7 | 0.8 | 0.9 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 7.2 | 8.4 | 7.6 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | -3.8% | -3.3% | -1.4% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| -82.7% | 18.9% | 20.2% | 20.0% | 19.1% | 20.2% | 19.3% | 20.2% | 21.1% | 22.5% | 21.7% | -3.8% | -6.2% | -19.0% | -0.3% | 28.0% | 52.1% | 57.3% | 34.7% | 59.5% | 62.7% | 60.7% | 78.4% | 79.0% | 78.7% | 15.7% | -8.9% | -14.2% | -18.1% | -16.6% | -17.3% | -20.6% | -44.4% | 33.4% | 33.8% | 33.5% | 33.1% | 32.9% | 32.6% | 8.5% | |
| -3.5% | 7.3% | 9.2% | 8.0% | 7.7% | 7.9% | 7.6% | 8.6% | 8.9% | 8.6% | 7.5% | 4.3% | 2.7% | -0.9% | -2.6% | -3.2% | -2.6% | 4.0% | 9.3% | 15.5% | 20.6% | 22.2% | 22.8% | 22.1% | 18.1% | 12.9% | 9.2% | 6.1% | 5.7% | 3.4% | 3.4% | 2.1% | 1.3% | 5.3% | 5.0% | 6.5% | 6.3% | 5.9% | 5.7% | 4.3% | |
| -9.4% | 3.1% | 5.4% | 5.5% | 6.0% | 6.7% | 6.6% | 7.1% | 6.6% | 6.8% | 5.7% | 2.7% | 0.8% | -3.5% | -6.0% | -7.1% | -7.0% | -1.4% | 4.9% | 11.5% | 17.3% | 19.5% | 20.4% | 19.7% | 15.6% | 11.7% | 8.2% | 5.8% | 5.9% | 1.3% | 1.2% | -0.9% | -2.0% | 2.1% | 2.0% | 4.1% | 4.2% | 5.1% | 4.7% | 2.9% | |
| 0.4% | 0.5% | 1.1% | 1.6% | 1.1% | 2.5% | 2.8% | 2.7% | 2.3% | 1.2% | 2.0% | 2.4% | 1.8% | 3.5% | 3.3% | 2.0% | 5.5% | 3.1% | 4.2% | 6.5% | 6.6% | 9.0% | 9.8% | 9.6% | 9.1% | 8.4% | 6.9% | 6.0% | 4.7% | 4.6% | 2.7% | -0.7% | -0.4% | -1.4% | -1.4% | -0.7% | -2.1% | -2.2% | -2.1% | -1.0% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| -17.5% | 5.9% | 10.1% | 10.0% | 10.8% | 11.8% | 11.7% | 13.1% | 12.3% | 12.2% | 10.3% | 4.9% | 1.5% | -6.4% | -11.6% | -11.5% | -10.7% | -2.0% | 6.7% | 16.4% | 25.7% | 30.5% | 31.2% | 31.0% | 25.4% | 17.5% | 11.6% | 7.6% | 7.5% | 1.7% | 1.4% | -1.1% | -2.3% | 2.7% | 2.4% | 4.6% | 4.7% | 5.8% | 5.3% | 3.3% | |
| -7.1% | 2.4% | 4.1% | 4.2% | 4.7% | 5.4% | 5.4% | 6.1% | 5.8% | 5.6% | 4.7% | 2.2% | 0.7% | -2.8% | -4.9% | -5.0% | -4.6% | -0.9% | 3.2% | 8.5% | 13.8% | 16.5% | 17.2% | 17.2% | 14.3% | 9.8% | 6.6% | 4.4% | 4.4% | 1.0% | 0.8% | -0.7% | -1.3% | 1.5% | 1.3% | 2.5% | 2.6% | 3.2% | 3.0% | 1.8% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| 12,193 | 11,124 | 12,097 | 12,108 | 11,971 | 10,216 | 11,133 | 10,239 | 10,460 | 9,774 | 11,084 | 10,310 | 10,658 | 9,591 | 9,499 | 7,918 | 6,767 | 6,752 | 5,891 | 4,556 | 3,868 | 4,186 | 3,152 | 4,331 | 3,927 | 2,350 | 5,187 | 4,635 | 4,254 | 2,056 | 4,784 | 4,364 | 6,165 | 4,311 | 6,728 | 8,374 | 9,135 | 7,934 | 9,324 | 9,523 | |
| 2.8 | 1.7 | 1.6 | 1.6 | 1.5 | 1.2 | 1.3 | 1.1 | 1.1 | 1.0 | 1.2 | 1.5 | 1.9 | 2.3 | 3.7 | 4.1 | 3.0 | 1.4 | 0.7 | 0.4 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.5 | 0.6 | 0.5 | 0.4 | 1.1 | 1.4 | 2.5 | 0.7 | 1.1 | 1.7 | 1.8 | 1.3 | 1.6 | 1.3 | |
| 40.4% | 40.1% | 40.4% | 41.8% | 43.0% | 45.5% | 46.2% | 46.4% | 47.3% | 46.1% | 45.6% | 45.5% | 45.7% | 43.8% | 42.1% | 44.0% | 43.4% | 45.6% | 47.8% | 51.7% | 53.5% | 54.3% | 55.2% | 55.6% | 56.5% | 56.2% | 56.7% | 58.4% | 59.1% | 57.5% | 58.3% | 57.5% | 57.2% | 55.1% | 56.0% | 55.0% | 55.3% | 55.7% | 56.2% | 55.3% | |
| 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| -5.20 | 1.74 | 3.13 | 3.33 | 3.84 | 4.46 | 4.65 | 5.21 | 4.90 | 5.05 | 4.30 | 2.03 | 0.61 | -2.42 | -3.94 | -3.66 | -3.11 | -0.61 | 2.26 | 6.25 | 10.90 | 14.48 | 17.39 | 18.05 | 14.62 | 10.72 | 7.28 | 4.94 | 4.93 | 1.12 | 0.94 | -0.74 | -1.58 | 1.73 | 1.56 | 3.24 | 3.38 | 4.13 | 3.82 | 2.37 | |
| 55.48 | 55.60 | 58.20 | 60.59 | 63.63 | 67.07 | 70.17 | 73.22 | 74.01 | 74.54 | 74.76 | 74.28 | 72.56 | 69.78 | 65.49 | 51.80 | 44.46 | 44.24 | 46.17 | 54.44 | 62.90 | 74.12 | 85.11 | 91.81 | 93.59 | 91.99 | 88.76 | 85.55 | 83.96 | 83.34 | 81.45 | 79.23 | 79.74 | 80.88 | 79.06 | 78.64 | 79.97 | 80.30 | 81.17 | 82.26 | |
| 29.71 | 29.51 | 31.06 | 33.26 | 35.56 | 37.88 | 39.70 | 39.61 | 39.83 | 41.26 | 41.58 | 41.45 | 39.76 | 38.06 | 33.84 | 31.97 | 29.18 | 31.10 | 33.81 | 38.17 | 42.37 | 47.54 | 55.69 | 58.31 | 57.61 | 61.24 | 62.61 | 65.32 | 65.88 | 65.86 | 66.08 | 64.93 | 68.26 | 63.76 | 66.42 | 70.53 | 71.47 | 71.29 | 72.24 | 71.75 | |
| 0.25 | 0.26 | 0.65 | 0.94 | 0.73 | 1.70 | 1.99 | 1.96 | 1.69 | 0.87 | 1.48 | 1.78 | 1.33 | 2.42 | 2.14 | 1.03 | 2.45 | 1.36 | 1.92 | 3.56 | 4.17 | 6.68 | 8.31 | 8.83 | 8.50 | 7.76 | 6.08 | 5.12 | 3.91 | 3.84 | 2.22 | -0.59 | -0.30 | -1.15 | -1.13 | -0.55 | -1.66 | -1.75 | -1.70 | -0.84 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: August 13, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.