(MT) ArcelorMittal - NYSE

Sector: Basic Materials | Industry: Steel | Exchange: NYSE (USA) | Market Cap: 52.538m USD | Total Return: 131.6% in 12m

Steel Sheets, Iron Ore, Steel Pipes, Coking Coal
Total Rating 50
Safety 87
Buy Signal 0.20
Steel
Industry Rotation: -2.7
Market Cap: 52.5B
Avg Turnover: 163M
Risk 3d forecast
Volatility51.6%
VaR 5th Pctl8.43%
VaR vs Median-0.86%
Reward TTM
Sharpe Ratio2.13
Rel. Str. IBD92.7
Rel. Str. Peer Group70.8
Character TTM
Beta1.314
Beta Downside1.140
Hurst Exponent0.570
Drawdowns 3y
Max DD30.83%
CAGR/Max DD1.26
CAGR/Mean DD3.95
EPS (Earnings per Share) EPS (Earnings per Share) of MT over the last years for every Quarter: "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": 0.49, "2025-12": 0.86, "2026-03": 0.75,
EPS CAGR: -22.58%
EPS Trend: -80.4%
Last SUE: 0.13
Qual. Beats: 0
Revenue Revenue of MT over the last years for every Quarter: 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: 14971, 2026-03: 15457,
Rev. CAGR: -5.96%
Rev. Trend: -88.0%
Last SUE: -1.48
Qual. Beats: -2

Warnings

No concerns identified

Tailwinds

Rs Leader, Tailwind

Description: MT ArcelorMittal

ArcelorMittal S.A. (MT) is a Luxembourg-based integrated steel and mining company with a global footprint spanning the Americas, Europe, Asia, and Africa. The company produces a comprehensive range of semi-finished and finished flat and long steel products, including coils, sheets, bars, and pipes, alongside significant mining operations for iron ore and coking coal. Its diversified customer base includes the automotive, construction, energy, and machinery sectors.

Operating as an integrated producer allows ArcelorMittal to secure raw materials internally, mitigating supply chain volatility in the highly cyclical steel industry. The global steel sector is capital-intensive and sensitive to fluctuations in industrial production and infrastructure spending. Investors can find deeper insights into these industry cycles by visiting ValueRay.

The company maintains iron ore mining activities in multiple jurisdictions, including Brazil, Canada, and South Africa, supporting its centralized marketing and distribution network. This vertical integration provides a hedge against commodity price swings for essential steelmaking inputs.

Headlines to Watch Out For
  • Global steel demand cycles in automotive and construction sectors dictate revenue growth
  • Iron ore and coking coal price volatility impacts integrated production margins
  • Decarbonization capital expenditures and carbon taxes pressure long-term operational profitability
  • Chinese steel export volumes and global trade tariffs influence regional pricing power
  • Industrial production activity in European and North American markets drives shipment volumes
Piotroski VR-10 (Strict) 4.0
Net Income: 2.92b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -0.36 > 1.0
NWC/Revenue: 13.68% < 20% (prev 12.58%; Δ 1.10% < -1%)
CFO/TA 0.06 > 3% & CFO 5.54b > Net Income 2.92b
Net Debt (10.5b) to EBITDA (5.81b): 1.81 < 3
Current Ratio: 1.39 > 1.5 & < 3
Outstanding Shares: last quarter (764.0m) vs 12m ago -0.91% < -2%
Gross Margin: 10.59% > 18% (prev 7.06%; Δ 3.53% > 0.5%)
Asset Turnover: 65.37% > 50% (prev 66.65%; Δ -1.28% > 0%)
Interest Coverage Ratio: 9.34 > 6 (EBIT TTM 2.77b / Interest Expense TTM 296.9m)
Altman Z'' 3.83
A: 0.09 (Total Current Assets 30.5b - Total Current Liabilities 22.0b) / Total Assets 98.3b
B: 0.51 (Retained Earnings 49.9b / Total Assets 98.3b)
C: 0.03 (EBIT TTM 2.77b / Avg Total Assets 94.9b)
D: 1.34 (Book Value of Equity 55.2b / Total Liabilities 41.1b)
Altman-Z'' = 3.83 = AA
Beneish M -3.38
DSRI: 0.99 (Receivables 4.13b/4.11b, Revenue 62.0b/61.0b)
GMI: 0.67 (GM 7.06% / 10.59%)
AQI: 0.91 (AQ_t 0.27 / AQ_t-1 0.30)
SGI: 1.02 (Revenue 62.0b / 61.0b)
TATA: -0.03 (NI 2.92b - CFO 5.54b) / TA 98.3b)
Beneish M = -3.38 (Cap -4..+1) = AA
What is the price of MT shares?

As of June 14, 2026, the stock is trading at USD 70.81 with a total of 1,647,111 shares traded.
Over the past week, the price has changed by +2.33%, over one month by +18.22%, over three months by +30.00% and over the past year by +131.64%.

Is MT a buy, sell or hold?

ArcelorMittal has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MT.

  • StrongBuy: 2
  • Buy: 2
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the MT price?
Analysts Target Price 66.8 -5.7%
ArcelorMittal (MT) - Fundamental Data Overview as of 13 June 2026
Market Cap USD = 52.5b (52.5b USD * 1.0 USD.USD)
P/E Trailing = 18.0864
P/E Forward = 17.301
P/S = 0.8472
P/B = 0.9519
P/EG = 0.6602
Revenue TTM = 62.0b USD
EBIT TTM = 2.77b USD
EBITDA TTM = 5.81b USD
Long Term Debt = 10.9b USD (from longTermDebt, last quarter)
Short Term Debt = 2.74b USD (from shortTermDebt, last quarter)
Debt = 14.9b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.18b
Net Debt = 10.5b USD (calculated: Debt 14.9b - CCE 4.36b)
Enterprise Value = 63.0b USD (52.5b + Debt 14.9b - CCE 4.36b)
Interest Coverage Ratio = 9.34 (Ebit TTM 2.77b / Interest Expense TTM 296.9m)
EV/FCF = -48.64x (Enterprise Value 63.0b / FCF TTM -1.30b)
FCF Yield = -2.06% (FCF TTM -1.30b / Enterprise Value 63.0b)
FCF Margin = -2.09% (FCF TTM -1.30b / Revenue TTM 62.0b)
Net Margin = 4.71% (Net Income TTM 2.92b / Revenue TTM 62.0b)
Gross Margin = 10.59% ((Revenue TTM 62.0b - Cost of Revenue TTM 55.4b) / Revenue TTM)
Gross Margin QoQ = none% (prev 9.26%)
Tobins Q-Ratio = 0.64 (Enterprise Value 63.0b / Total Assets 98.3b)
Interest Expense / Debt = 2.00% (Interest Expense 296.9m / Debt 14.9b)
Taxrate = 9.80% (326.0m / 3.33b)
NOPAT = 2.50b (EBIT 2.77b * (1 - 9.80%))
Current Ratio = 1.39 (Total Current Assets 30.5b / Total Current Liabilities 22.0b)
Debt / Equity = 0.27 (Debt 14.9b / totalStockholderEquity, last quarter 55.2b)
Debt / EBITDA = 1.81 (Net Debt 10.5b / EBITDA 5.81b)
 Debt / FCF = -8.10 (negative FCF - burning cash) (Net Debt 10.5b / FCF TTM -1.30b)
 Total Stockholder Equity = 54.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.08% (Net Income 2.92b / Total Assets 98.3b)
RoE = 5.35% (Net Income TTM 2.92b / Total Stockholder Equity 54.7b)
RoCE = 4.23% (EBIT 2.77b / Capital Employed (Equity 54.7b + L.T.Debt 10.9b))
RoIC = 3.29% (NOPAT 2.50b / Invested Capital 75.9b)
WACC = 8.67% (E(52.5b)/V(67.4b) * Re(10.61%) + D(14.9b)/V(67.4b) * Rd(2.00%) * (1-Tc(0.10)))
Discount Rate = 10.61% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.45 | Cagr: -3.06%
 [DCF] Fair Price = unknown (Cash Flow -1.30b)
 EPS Correlation: -80.41 | EPS CAGR: -22.58% | SUE: 0.13 | # QB: 0
Revenue Correlation: -88.04 | Revenue CAGR: -5.96% | SUE: -1.48 | # QB: -2
EPS current Quarter (2026-06-30): EPS=1.23 | Chg30d=-14.98% | Revisions=-14% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.31 | Chg30d=+0.00% | Revisions=+14% | Analysts=3
EPS current Year (2026-12-31): EPS=4.95 | Chg30d=-0.58% | Revisions=-25% | GrowthEPS=+28.4% | GrowthRev=+8.7%
EPS next Year (2027-12-31): EPS=7.00 | Chg30d=+1.69% | Revisions=-25% | GrowthEPS=+41.6% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: -25%