(MT) ArcelorMittal - Ratings and Ratios

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

Slabs, Coils, Plates, Bars, Pellets

MT EPS (Earnings per Share)

EPS (Earnings per Share) of MT over the last years for every Quarter: "2020-09": -0.19, "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,

MT Revenue

Revenue of MT over the last years for every Quarter: 2020-09: 13266, 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: 31152.869995, 2024-03: 16282, 2024-06: 16249, 2024-09: 15196, 2024-12: 14714, 2025-03: 14798, 2025-06: 15926, 2025-09: null,

Description: MT ArcelorMittal October 14, 2025

ArcelorMittel S.A. (NYSE: MT) is a globally integrated steel and mining group with operations spanning the Americas, Europe, Asia, and Africa. Its product portfolio covers semi-finished flat and long steel (slabs, coils, plates, bars, rails, etc.), specialty coated steel (hot-dipped, electro-galvanized, tinplate, color-coated), and seamless or welded pipe/tube solutions, alongside mining outputs such as iron-ore concentrates, pellets and coking coal.

The company sells to end-markets that drive steel demand-automotive, appliances, engineering, construction, energy and machinery-through a centralized marketing organization and a network of distributors. Its iron-ore mining footprint includes Brazil, Bosnia, Liberia, Mexico, South Africa, Ukraine, India and Canada, providing a degree of vertical integration that can mitigate raw-material price volatility.

Key quantitative signals (FY 2023) include: ≈ 71 million metric tons of steel produced, a net-debt-to-EBITDA ratio of roughly 2.1×, and an operating margin of about 9 % after a 2022-23 price-recovery cycle in the European market. The steel sector remains highly sensitive to macro-economic variables such as global construction activity (a primary demand driver) and the price of coking coal, which accounts for ~ 30 % of total input costs.

Assuming the ongoing decarbonisation push accelerates demand for higher-grade, low-carbon steel, ArcelorMittal’s diversified product mix and mining integration could confer a relative cost advantage; however, the outlook is contingent on geopolitical stability in key mining regions (e.g., Ukraine) and the trajectory of global steel tariffs.

For a deeper quantitative assessment of MT’s valuation metrics, you may find the ValueRay platform’s analyst toolkit useful.

MT Stock Overview

Market Cap in USD 29,750m
Sub-Industry Steel
IPO / Inception 1997-08-08

MT Stock Ratings

Growth Rating 71.4%
Fundamental 41.3%
Dividend Rating 46.5%
Return 12m vs S&P 500 29.1%
Analyst Rating 4.0 of 5

MT Dividends

Dividend Yield 12m 2.10%
Yield on Cost 5y 6.13%
Annual Growth 5y 18.56%
Payout Consistency 56.8%
Payout Ratio 22.8%

MT Growth Ratios

Growth Correlation 3m 90.7%
Growth Correlation 12m 91%
Growth Correlation 5y 12.5%
CAGR 5y 19.57%
CAGR/Max DD 3y (Calmar Ratio) 0.59
CAGR/Mean DD 3y (Pain Ratio) 1.31
Sharpe Ratio 12m 0.10
Alpha 27.38
Beta 1.711
Volatility 30.94%
Current Volume 1592.6k
Average Volume 20d 1191k
Stop Loss 36.9 (-3.1%)
Signal -0.33

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (2.50b TTM) > 0 and > 6% of Revenue (6% = 3.64b TTM)
FCFTA 0.01 (>2.0%) and ΔFCFTA 1.44pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 15.46% (prev 13.33%; Δ 2.13pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.05 (>3.0%) and CFO 4.94b > Net Income 2.50b (YES >=105%, WARN >=100%)
Net Debt (8.37b) to EBITDA (5.02b) ratio: 1.67 <= 3.0 (WARN <= 3.5)
Current Ratio 1.40 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (771.0m) change vs 12m ago -4.10% (target <= -2.0% for YES)
Gross Margin 78.14% (prev -11.67%; Δ 89.81pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 63.92% (prev 88.39%; Δ -24.47pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 4.66 (EBITDA TTM 5.02b / Interest Expense TTM 488.0m) >= 6 (WARN >= 3)

Altman Z'' 3.14

(A) 0.09 = (Total Current Assets 32.97b - Total Current Liabilities 23.60b) / Total Assets 98.88b
(B) 0.50 = Retained Earnings (Balance) 49.41b / Total Assets 98.88b
(C) 0.02 = EBIT TTM 2.27b / Avg Total Assets 94.86b
(D) 0.70 = Book Value of Equity 29.54b / Total Liabilities 42.41b
Total Rating: 3.14 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 41.28

1. Piotroski 5.0pt = 0.0
2. FCF Yield 2.38% = 1.19
3. FCF Margin 1.49% = 0.37
4. Debt/Equity 0.25 = 2.47
5. Debt/Ebitda 1.67 = 0.64
6. ROIC - WACC (= -5.99)% = -7.49
7. RoE 4.80% = 0.40
8. Rev. Trend -40.31% = -3.02
9. EPS Trend -65.62% = -3.28

What is the price of MT shares?

As of November 03, 2025, the stock is trading at USD 38.09 with a total of 1,592,600 shares traded.
Over the past week, the price has changed by -3.81%, over one month by -0.18%, over three months by +25.34% and over the past year by +56.40%.

Is ArcelorMittal a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, ArcelorMittal (NYSE:MT) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 41.28 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MT is around 39.18 USD . This means that MT is currently overvalued and has a potential downside of 2.86%.

Is MT a buy, sell or hold?

ArcelorMittal has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MT.
  • Strong Buy: 2
  • Buy: 2
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MT price?

Issuer Target Up/Down from current
Wallstreet Target Price 38.8 1.9%
Analysts Target Price 38.8 1.9%
ValueRay Target Price 43.7 14.7%

MT Fundamental Data Overview October 27, 2025

Market Cap USD = 29.75b (29.75b USD * 1.0 USD.USD)
P/E Trailing = 11.9268
P/E Forward = 9.0009
P/S = 0.4907
P/B = 0.5337
P/EG = 0.6602
Beta = 1.711
Revenue TTM = 60.63b USD
EBIT TTM = 2.27b USD
EBITDA TTM = 5.02b USD
Long Term Debt = 10.56b USD (from longTermDebt, last quarter)
Short Term Debt = 3.17b USD (from shortTermDebt, last quarter)
Debt = 13.73b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.37b USD (from netDebt column, last quarter)
Enterprise Value = 38.04b USD (29.75b + Debt 13.73b - CCE 5.44b)
Interest Coverage Ratio = 4.66 (Ebit TTM 2.27b / Interest Expense TTM 488.0m)
FCF Yield = 2.38% (FCF TTM 904.0m / Enterprise Value 38.04b)
FCF Margin = 1.49% (FCF TTM 904.0m / Revenue TTM 60.63b)
Net Margin = 4.11% (Net Income TTM 2.50b / Revenue TTM 60.63b)
Gross Margin = 78.14% ((Revenue TTM 60.63b - Cost of Revenue TTM 13.25b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 100.0%)
Tobins Q-Ratio = 0.38 (Enterprise Value 38.04b / Total Assets 98.88b)
Interest Expense / Debt = 0.35% (Interest Expense 48.0m / Debt 13.73b)
Taxrate = 29.47% (623.0m / 2.11b)
NOPAT = 1.60b (EBIT 2.27b * (1 - 29.47%))
Current Ratio = 1.40 (Total Current Assets 32.97b / Total Current Liabilities 23.60b)
Debt / Equity = 0.25 (Debt 13.73b / totalStockholderEquity, last quarter 54.38b)
Debt / EBITDA = 1.67 (Net Debt 8.37b / EBITDA 5.02b)
Debt / FCF = 9.26 (Net Debt 8.37b / FCF TTM 904.0m)
Total Stockholder Equity = 52.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.52% (Net Income 2.50b / Total Assets 98.88b)
RoE = 4.80% (Net Income TTM 2.50b / Total Stockholder Equity 52.03b)
RoCE = 3.63% (EBIT 2.27b / Capital Employed (Equity 52.03b + L.T.Debt 10.56b))
RoIC = 2.52% (NOPAT 1.60b / Invested Capital 63.63b)
WACC = 8.51% (E(29.75b)/V(43.48b) * Re(12.32%) + D(13.73b)/V(43.48b) * Rd(0.35%) * (1-Tc(0.29)))
Discount Rate = 12.32% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.99%
[DCF Debug] Terminal Value 53.89% ; FCFE base≈904.0m ; Y1≈593.5m ; Y5≈271.4m
Fair Price DCF = 4.09 (DCF Value 3.11b / Shares Outstanding 760.5m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -65.62 | EPS CAGR: -60.79% | SUE: -0.53 | # QB: 0
Revenue Correlation: -40.31 | Revenue CAGR: -6.17% | SUE: 0.04 | # QB: 0

Additional Sources for MT Stock

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