(MT) ArcelorMittal - Overview

Exchange: AS • Country: Luxembourg • Currency: EUR • Type: Common Stock • ISIN: LU1598757687

Stock: Steel Products, Mining Products, Flat Products, Long Products, Pipes

Total Rating 60
Risk 40
Buy Signal -0.64
Risk 5d forecast
Volatility 55.8%
Relative Tail Risk -16.0%
Reward TTM
Sharpe Ratio 1.52
Alpha 50.29
Character TTM
Beta 0.746
Beta Downside 0.953
Drawdowns 3y
Max DD 31.92%
CAGR/Max DD 0.77

EPS (Earnings per Share)

EPS (Earnings per Share) of MT over the last years for every Quarter: "2021-03": 1.93, "2021-06": 3.46, "2021-09": 4.27, "2021-12": 3.71, "2022-03": 4.27, "2022-06": 4.24, "2022-09": 1.42, "2022-12": 1.37, "2023-03": 1.27, "2023-06": 2.2, "2023-09": 1.1, "2023-12": 1.18, "2024-03": 1.16, "2024-06": 0.63, "2024-09": 0.63, "2024-12": 0.52, "2025-03": 1.04, "2025-06": 1.32, "2025-09": 0.62, "2025-12": 0.86,

Revenue

Revenue of MT over the last years for every Quarter: 2021-03: 16193, 2021-06: 19343, 2021-09: 20229, 2021-12: 20806, 2022-03: 21836, 2022-06: 22142, 2022-09: 18975, 2022-12: 16891, 2023-03: 18501, 2023-06: 18606, 2023-09: 16616, 2023-12: 14552, 2024-03: 16282, 2024-06: 16249, 2024-09: 15196, 2024-12: 14714, 2025-03: 14798, 2025-06: 15926, 2025-09: 15657, 2025-12: 17472.317036,

Description: MT ArcelorMittal March 05, 2026

ArcelorMittal SA is an integrated steel and mining company. It produces a range of steel products, including flat and long products, and extracts iron ore and coking coal.

The companys business model involves both raw material extraction and steel manufacturing, a common strategy in the steel industry to control supply chains and costs. Its diverse product portfolio serves key industrial sectors like automotive and construction.

ArcelorMittal distributes its products globally through a centralized marketing organization and third-party distributors. Further research on platforms like ValueRay can provide detailed financial analysis.

Headlines to watch out for

  • Global steel demand impacts ArcelorMittals sales volume and pricing
  • Iron ore and coking coal prices directly affect production costs
  • Automotive and construction sector health drives steel product consumption
  • Energy costs for steelmaking influence profitability
  • Environmental regulations on emissions increase operational expenses

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 3.28b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.00 > 1.0
NWC/Revenue: 12.66% < 20% (prev 12.10%; Δ 0.56% < -1%)
CFO/TA 0.05 > 3% & CFO 5.00b > Net Income 3.28b
Net Debt (7.93b) to EBITDA (6.46b): 1.23 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (766.0m) vs 12m ago -3.89% < -2%
Gross Margin: 10.77% > 18% (prev 0.31%; Δ 1.05k% > 0.5%)
Asset Turnover: 68.26% > 50% (prev 69.86%; Δ -1.60% > 0%)
Interest Coverage Ratio: 11.02 > 6 (EBITDA TTM 6.46b / Interest Expense TTM 308.1m)

Altman Z'' 3.73

A: 0.08 (Total Current Assets 30.61b - Total Current Liabilities 22.52b) / Total Assets 97.71b
B: 0.51 (Retained Earnings 49.92b / Total Assets 97.71b)
C: 0.04 (EBIT TTM 3.40b / Avg Total Assets 93.55b)
D: 1.21 (Book Value of Equity 49.92b / Total Liabilities 41.17b)
Altman-Z'' Score: 3.73 = AA

Beneish M -1.70

DSRI: 0.60 (Receivables 3.48b/5.66b, Revenue 63.85b/62.44b)
GMI: 2.90 (GM 10.77% / 31.24%)
AQI: 0.89 (AQ_t 0.27 / AQ_t-1 0.30)
SGI: 1.02 (Revenue 63.85b / 62.44b)
TATA: -0.02 (NI 3.28b - CFO 5.00b) / TA 97.71b)
Beneish M-Score: -1.70 (Cap -4..+1) = CCC

What is the price of MT shares?

As of March 15, 2026, the stock is trading at EUR 48.79 with a total of 1,748,552 shares traded.
Over the past week, the price has changed by -6.62%, over one month by -14.21%, over three months by +14.22% and over the past year by +59.31%.

Is MT a buy, sell or hold?

ArcelorMittal has no consensus analysts rating.

What are the forecasts/targets for the MT price?

Issuer Target Up/Down from current
Wallstreet Target Price 53.9 10.5%
Analysts Target Price - -

MT Fundamental Data Overview March 11, 2026

Market Cap USD = 43.49b (37.64b EUR * 1.1554 EUR.USD)
Market Cap USD = 43.49b (37.64b EUR * 1.1554 EUR.USD)
P/E Trailing = 13.8543
P/E Forward = 13.2979
P/S = 0.6136
P/B = 0.7413
P/EG = 0.6568
Revenue TTM = 63.85b USD
EBIT TTM = 3.40b USD
EBITDA TTM = 6.46b USD
Long Term Debt = 9.70b USD (from longTermDebt, last quarter)
Short Term Debt = 2.74b USD (from shortTermDebt, last quarter)
Debt = 13.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.93b USD (from netDebt column, last quarter)
Enterprise Value = 51.43b USD (43.49b + Debt 13.41b - CCE 5.48b)
Interest Coverage Ratio = 11.02 (Ebit TTM 3.40b / Interest Expense TTM 308.1m)
EV/FCF = 104.9x (Enterprise Value 51.43b / FCF TTM 490.2m)
FCF Yield = 0.95% (FCF TTM 490.2m / Enterprise Value 51.43b)
FCF Margin = 0.77% (FCF TTM 490.2m / Revenue TTM 63.85b)
Net Margin = 5.14% (Net Income TTM 3.28b / Revenue TTM 63.85b)
Gross Margin = 10.77% ((Revenue TTM 63.85b - Cost of Revenue TTM 56.98b) / Revenue TTM)
Gross Margin QoQ = none% (prev 8.79%)
Tobins Q-Ratio = 0.53 (Enterprise Value 51.43b / Total Assets 97.71b)
Interest Expense / Debt = 1.31% (Interest Expense 176.1m / Debt 13.41b)
Taxrate = 9.97% (373.6m / 3.75b)
NOPAT = 3.06b (EBIT 3.40b * (1 - 9.97%))
Current Ratio = 1.36 (Total Current Assets 30.61b / Total Current Liabilities 22.52b)
Debt / Equity = 0.25 (Debt 13.41b / totalStockholderEquity, last quarter 54.47b)
Debt / EBITDA = 1.23 (Net Debt 7.93b / EBITDA 6.46b)
Debt / FCF = 16.19 (Net Debt 7.93b / FCF TTM 490.2m)
Total Stockholder Equity = 53.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.51% (Net Income 3.28b / Total Assets 97.71b)
RoE = 6.11% (Net Income TTM 3.28b / Total Stockholder Equity 53.66b)
RoCE = 5.36% (EBIT 3.40b / Capital Employed (Equity 53.66b + L.T.Debt 9.70b))
RoIC = 4.59% (NOPAT 3.06b / Invested Capital 66.59b)
WACC = 6.90% (E(43.49b)/V(56.91b) * Re(8.66%) + D(13.41b)/V(56.91b) * Rd(1.31%) * (1-Tc(0.10)))
Discount Rate = 8.66% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.93%
[DCF] Terminal Value 75.54% ; FCFF base≈472.9m ; Y1≈310.4m ; Y5≈141.6m
[DCF] Fair Price = N/A (negative equity: EV 3.46b - Net Debt 7.93b = -4.48b; debt exceeds intrinsic value)
EPS Correlation: -75.31 | EPS CAGR: -34.77% | SUE: 1.02 | # QB: 1
Revenue Correlation: -72.91 | Revenue CAGR: -5.77% | SUE: 1.37 | # QB: 1
EPS next Quarter (2026-06-30): EPS=1.52 | Chg7d=+0.226 | Chg30d=+0.271 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=5.33 | Chg7d=+0.087 | Chg30d=+0.206 | Revisions Net=+3 | Growth EPS=+38.5% | Growth Revenue=+9.5%
EPS next Year (2027-12-31): EPS=6.86 | Chg7d=+0.048 | Chg30d=+0.450 | Revisions Net=+3 | Growth EPS=+28.6% | Growth Revenue=+4.2%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.4% (Discount Rate 8.7% - Earnings Yield 7.2%)
[Growth] Growth Spread = +4.8% (Analyst 6.2% - Implied 1.4%)

Additional Sources for MT Stock

Fund Manager Positions: Dataroma | Stockcircle