(MT) ArcelorMittal - Overview

Exchange: NYSE • Country: Luxembourg • Currency: USD • Type: Common Stock • ISIN: US03938L2034

Stock: Steel, Iron Ore, Coal, Tubes, Automotive

Total Rating 63
Risk 76
Buy Signal 2.02

EPS (Earnings per Share)

EPS (Earnings per Share) of MT over the last years for every Quarter: "2020-12": 0.19, "2021-03": 1.93, "2021-06": 3.46, "2021-09": 4.27, "2021-12": 3.92, "2022-03": 4.27, "2022-06": 4.24, "2022-09": 1.11, "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: 2020-12: 14184, 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: 14971,

Dividends

Dividend Yield 1.59%
Yield on Cost 5y 2.58%
Yield CAGR 5y 16.36%
Payout Consistency 56.0%
Payout Ratio 14.3%
Risk 5d forecast
Volatility 41.6%
Relative Tail Risk -9.68%
Reward TTM
Sharpe Ratio 2.07
Alpha 125.99
Character TTM
Beta 1.238
Beta Downside 1.192
Drawdowns 3y
Max DD 33.14%
CAGR/Max DD 0.94

Description: MT ArcelorMittal December 17, 2025

ArcelorMittal S.A. (NYSE: MT) is the world’s largest integrated steel and mining group, operating across the Americas, Europe, Asia, and Africa. It produces a full spectrum of steel-flat and long products, as well as seamless and welded pipes-and supplies raw mining inputs such as iron-ore pellets and coking coal to end-markets that include automotive, construction, energy, and machinery, using a centralized marketing network and regional distributors.

Key quantitative signals (FY 2023) that shape its outlook include: ① steel sales of ≈ 95 million tonnes, generating an EBITDA margin of roughly 12 % (down from 13 % in 2022) as higher energy costs compressed profitability; ② iron-ore production of ≈ 70 million tonnes, with Brazil and Canada accounting for > 60 % of output, making the firm vulnerable to commodity-price cycles and logistics bottlenecks; ③ exposure to carbon-pricing regimes-European Union ETS prices have risen to ≈ €80/t CO₂, pressuring cost structures and accelerating the company’s push toward low-carbon steel (e.g., the 2024 “Green Steel” pilot in Belgium). These drivers suggest that macro-economic trends in construction demand, global freight rates, and regulatory carbon costs will dominate near-term earnings variance.

For a data-rich, model-ready deep-dive into how these levers translate into valuation risk, the ValueRay platform offers a transparent, back-tested framework worth exploring.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 3.15b TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA 1.48 > 1.0
NWC/Revenue: 13.18% < 20% (prev 12.10%; Δ 1.08% < -1%)
CFO/TA 0.05 > 3% & CFO 4.81b > Net Income 3.15b
Net Debt (7.93b) to EBITDA (5.91b): 1.34 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (764.0m) vs 12m ago -1.04% < -2%
Gross Margin: 54.58% > 18% (prev 0.35%; Δ 5424 % > 0.5%)
Asset Turnover: 65.59% > 50% (prev 69.86%; Δ -4.27% > 0%)
Interest Coverage Ratio: 22.43 > 6 (EBITDA TTM 5.91b / Interest Expense TTM 132.0m)

Beneish M -3.76

DSRI: 0.63 (Receivables 3.48b/5.66b, Revenue 61.35b/62.44b)
GMI: 0.64 (GM 54.58% / 34.82%)
AQI: 0.89 (AQ_t 0.27 / AQ_t-1 0.30)
SGI: 0.98 (Revenue 61.35b / 62.44b)
TATA: -0.02 (NI 3.15b - CFO 4.81b) / TA 97.70b)
Beneish M-Score: -3.76 (Cap -4..+1) = AAA

What is the price of MT shares?

As of February 08, 2026, the stock is trading at USD 61.30 with a total of 2,074,227 shares traded.
Over the past week, the price has changed by +13.58%, over one month by +29.57%, over three months by +63.01% and over the past year by +119.80%.

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?

Issuer Target Up/Down from current
Wallstreet Target Price 49.6 -19.1%
Analysts Target Price 49.6 -19.1%
ValueRay Target Price 69.8 13.8%

MT Fundamental Data Overview February 07, 2026

P/E Trailing = 13.927
P/E Forward = 13.0548
P/S = 0.715
P/B = 0.7798
P/EG = 0.6602
Revenue TTM = 61.35b USD
EBIT TTM = 2.96b USD
EBITDA TTM = 5.91b USD
Long Term Debt = 10.49b USD (from longTermDebt, two quarters ago)
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 = 51.80b USD (43.87b + Debt 13.41b - CCE 5.48b)
Interest Coverage Ratio = 22.43 (Ebit TTM 2.96b / Interest Expense TTM 132.0m)
EV/FCF = 110.0x (Enterprise Value 51.80b / FCF TTM 471.0m)
FCF Yield = 0.91% (FCF TTM 471.0m / Enterprise Value 51.80b)
FCF Margin = 0.77% (FCF TTM 471.0m / Revenue TTM 61.35b)
Net Margin = 5.14% (Net Income TTM 3.15b / Revenue TTM 61.35b)
Gross Margin = 54.58% ((Revenue TTM 61.35b - Cost of Revenue TTM 27.86b) / Revenue TTM)
Gross Margin QoQ = 9.26% (prev 8.79%)
Tobins Q-Ratio = 0.53 (Enterprise Value 51.80b / Total Assets 97.70b)
Interest Expense / Debt = 0.63% (Interest Expense 84.0m / Debt 13.41b)
Taxrate = 9.97% (359.0m / 3.60b)
NOPAT = 2.67b (EBIT 2.96b * (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 = 1.34 (Net Debt 7.93b / EBITDA 5.91b)
Debt / FCF = 16.85 (Net Debt 7.93b / FCF TTM 471.0m)
Total Stockholder Equity = 53.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.37% (Net Income 3.15b / Total Assets 97.70b)
RoE = 5.87% (Net Income TTM 3.15b / Total Stockholder Equity 53.66b)
RoCE = 4.62% (EBIT 2.96b / Capital Employed (Equity 53.66b + L.T.Debt 10.49b))
RoIC = 4.01% (NOPAT 2.67b / Invested Capital 66.55b)
WACC = 8.16% (E(43.87b)/V(57.28b) * Re(10.48%) + D(13.41b)/V(57.28b) * Rd(0.63%) * (1-Tc(0.10)))
Discount Rate = 10.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.43%
[DCF Debug] Terminal Value 69.50% ; FCFF base≈471.0m ; Y1≈309.2m ; Y5≈141.1m
Fair Price DCF = N/A (negative equity: EV 2.68b - Net Debt 7.93b = -5.25b; debt exceeds intrinsic value)
EPS Correlation: -72.37 | EPS CAGR: -34.77% | SUE: 0.21 | # QB: 0
Revenue Correlation: -83.23 | Revenue CAGR: -9.58% | SUE: -1.13 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.83 | Chg30d=-0.305 | Revisions Net=-2 | Analysts=2
EPS current Year (2026-12-31): EPS=5.13 | Chg30d=+0.175 | Revisions Net=+2 | Growth EPS=+33.2% | Growth Revenue=+11.5%
EPS next Year (2027-12-31): EPS=6.68 | Chg30d=+0.579 | Revisions Net=+4 | Growth EPS=+30.3% | Growth Revenue=+2.7%

Additional Sources for MT Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle