ArcelorMittal S.A. (MT)
| Market Cap | 21.23B |
| Revenue (ttm) | 68.28B |
| Net Income (ttm) | 919.00M |
| Shares Out | 819.27M |
| EPS (ttm) | 1.09 |
| PE Ratio | 26.78 |
| Forward PE | 6.60 |
| Dividend | $0.50 (1.93%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 533,667 |
| Open | 26.06 |
| Previous Close | 25.98 |
| Day's Range | 25.76 - 26.12 |
| 52-Week Range | 21.30 - 29.15 |
| Beta | 1.88 |
| Analysts | Hold |
| Price Target | 30.30 (+16.97%) |
| Earnings Date | May 2, 2024 |
About MT
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-pr... [Read more]
Financial Performance
In 2023, ArcelorMittal's revenue was $68.28 billion, a decrease of -14.49% compared to the previous year's $79.84 billion. Earnings were $919.00 million, a decrease of -90.12%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for MT stock is "Hold." The 12-month stock price forecast is $30.3, which is an increase of 16.97% from the latest price.
News
ArcelorMittal Cautious Despite Earnings Beat
ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restoc...
ArcelorMittal S.A.: ArcelorMittal reports first quarter 2024 results
Luxembourg, May 2 , 20 24 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated s...
ArcelorMittal announces results of its General Meeting
30 April 2024, 18:15 CET The Annual General Meeting (‘General Meeting') of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 78.47% of the voting ri...
ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figures
25 April 2024, 14:30 CET ArcelorMittal (‘the Company') today announces the publication of its first quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts' estim...
ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual Review
23 April 2024, 15:00 CET Today, ArcelorMittal (‘the company') published its 2023 Integrated Annual Review (‘IAR'), which can be accessed here annualreview2023.arcelormittal.com . The 2023 IAR, ‘Prepar...
Prilenia to Present Latest Research from its Pridopidine Programs for Huntington Disease and ALS at AAN 2024
NAARDEN, Netherlands & WALTHAM, Mass.--(BUSINESS WIRE)--Prilenia Therapeutics B.V., a clinical stage biotechnology company focused on the urgent mission to develop novel therapeutics to slow the progr...
ArcelorMittal S.A.: ArcelorMittal publishes interim update on its company-wide safety audit
10 April 2024, 16:45 CET ArcelorMittal (‘the Company') announced in December 2023 that it had engaged dss+, a leading provider of sustainable operations management consulting services, to conduct a co...
ArcelorMittal launches ‘The Steel Works'
New content series features insights from ArcelorMittal's global leadership team through ‘ Steel Thoughts ' opinion column and ‘ Steel Talks ' podcast
ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders
29 March 2024, 08:00 CET ArcelorMittal (the ‘Company') announces the publication of the convening notice for its Annual General Meeting of shareholders (the ‘General Meeting'), which will be held on ...
Designated person notification
28 March 2024, 12:15 CET With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), Arcel...
ArcelorMittal announces publication of the 2023 statutory financial statements of ArcelorMittal parent company
27 March 2024, 20:15 CET ArcelorMittal has published the statutory financial statements of ArcelorMittal parent company for the year ended 31 December 2023. These financial statements have been filed ...
ArcelorMittal publishes revised analyst model per new segmental reporting
27 March 2024, 10:30 CET As announced with ArcelorMittal's (‘the Company') fourth quarter 2023 financial results, the Company has amended its presentation of reportable segments and EBITDA. The change...
ArcelorMittal S.A.: ArcelorMittal announces Kleber Silva to be new CEO of ArcelorMittal Mining
19 March 2024, 10:00 CET ArcelorMittal, the world's leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Ex...
ArcelorMittal: Designated person notification
With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), ArcelorMittal announces that a...
Vallourec continues to implement its strategic plan with the arrival of ArcelorMittal, new reference shareholder
Vallourec continues to implement its strategic plan with the arrival of ArcelorMittal, new reference shareholder
ArcelorMittal to buy about 28.4% stake in Vallourec
Steelmaker ArcelorMittal said on Tuesday it will acquire an about 28.4% stake in Vallourec for around 955 million euros ($1.04 billion).
ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec
12 March 2024, 22:00 CET ArcelorMittal (the ‘Company') today announces that it has signed a Share Purchase Agreement to acquire 65,243,206 shares, representing c.28.4% equity interest in Vallourec, fo...
ArcelorMittal S.A.: ArcelorMittal announces the publication of its 2023 annual report
28 February 2024, 21:40 CET ArcelorMittal has published its annual report for the year ended 31 December 2023. The report has been filed with the electronic database of the Luxembourg Stock Exchange...
ArcelorMittal S.A.: ArcelorMittal publishes its Annual Report 2023 on Form 20-F
28 February 2024, 20:55 CET ArcelorMittal has filed its Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission (SEC). The report is now available at http://corporate.arcelorm...
EU approves German state aid to ArcelorMittal for decarbonisation
The EU Commission on Friday said it had approved 1.3 billion euros ($1.41 billion) in German state aid for steel producer ArcelorMittal to help it decarbonise part of its production processes.
Statement re Acciaierie d'Italia being placed into extraordinary administration
20 February 2024, 17:30 CET Earlier today the Italian Government announced that it has placed Acciaierie d'Italia SpA (‘ADI') into extraordinary administration subsequent to the request of Invitalia, ...
ArcelorMittal Positive on Demand
ArcelorMittal posted slightly better-than-expected underlying earnings for the fourth quarter despite a negative impact from the disposal of its Kazakh operations, and said it sees improving steel dem...
ArcelorMittal S.A.: ArcelorMittal reports fourth quarter and full year 2023 results
Luxembourg, February 8 , 20 24 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integra...
ArcelorMittal announces the publication of its fourth quarter and full year 2023 sell-side analyst consensus figures
5 February 2024, 22:15 CET ArcelorMittal (‘the Company') today announces the publication of its fourth quarter and full year 2023 sell-side analysts' consensus figures. The consensus figures are based...
ArcelorMittal S.A.: Vestas introduces ArcelorMittal's low carbon-emissions steel offering for wind turbine
16 January 2024 A low carbon-emissions steel production partnership between Vestas and ArcelorMittal will make its first delivery of XCarb® recycled and renewably produced heavy plate steel to an offs...