ArcelorMittal S.A. (BVMF:ARMT34)
Brazil · Delayed Price · Currency is BRL 157.70
+6.32 (4.17%)
Last updated: Feb 6, 2026, 12:03 PM GMT-3
ArcelorMittal Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 61,352 | 62,441 | 68,275 | 79,844 | 76,571 | |
Revenue Growth (YoY) | -1.74% | -8.54% | -14.49% | 4.27% | 43.74% |
Cost of Revenue | 55,446 | 56,321 | 62,500 | 65,883 | 57,524 |
Gross Profit | 5,906 | 6,120 | 5,775 | 13,961 | 19,047 |
Selling, General & Admin | - | 2,395 | 2,337 | 2,021 | 2,152 |
Research & Development | - | 285 | 299 | 286 | 270 |
Operating Expenses | 2,945 | 2,680 | 2,636 | 2,307 | 2,422 |
Operating Income | 2,961 | 3,440 | 3,139 | 11,654 | 16,625 |
Interest Expense | -296 | -510 | -715 | -401 | -357 |
Interest & Investment Income | - | 400 | 570 | 188 | 79 |
Earnings From Equity Investments | 635 | 779 | 1,184 | 1,317 | 2,204 |
Currency Exchange Gain (Loss) | -413 | -565 | -48 | 191 | -155 |
Other Non Operating Income (Expenses) | - | -297 | -423 | -261 | -204 |
EBT Excluding Unusual Items | 2,887 | 3,247 | 3,707 | 12,688 | 18,192 |
Merger & Restructuring Charges | -204 | -216 | -4 | -7 | -55 |
Impairment of Goodwill | - | - | -194 | - | - |
Gain (Loss) on Sale of Investments | 48 | - | -1,405 | - | - |
Asset Writedown | - | -116 | -844 | -1,526 | 218 |
Legal Settlements | - | - | - | - | -163 |
Other Unusual Items | 871 | - | - | 100 | -167 |
Pretax Income | 3,602 | 2,915 | 1,260 | 11,255 | 18,025 |
Income Tax Expense | 359 | 1,535 | 238 | 1,717 | 2,460 |
Earnings From Continuing Operations | 3,243 | 1,380 | 1,022 | 9,538 | 15,565 |
Minority Interest in Earnings | -91 | -41 | -103 | -236 | -609 |
Net Income | 3,152 | 1,339 | 919 | 9,302 | 14,956 |
Net Income to Common | 3,152 | 1,339 | 919 | 9,302 | 14,956 |
Net Income Growth | 135.40% | 45.70% | -90.12% | -37.80% | - |
Shares Outstanding (Basic) | 763 | 788 | 842 | 911 | 1,105 |
Shares Outstanding (Diluted) | 766 | 791 | 845 | 914 | 1,108 |
Shares Change (YoY) | -3.16% | -6.39% | -7.55% | -17.51% | -2.81% |
EPS (Basic) | 4.13 | 1.70 | 1.09 | 10.21 | 13.53 |
EPS (Diluted) | 4.11 | 1.69 | 1.09 | 10.18 | 13.49 |
EPS Growth | 143.19% | 55.05% | -89.29% | -24.54% | - |
Free Cash Flow | 471 | 447 | 3,032 | 6,735 | 6,897 |
Free Cash Flow Per Share | 0.61 | 0.56 | 3.59 | 7.37 | 6.22 |
Dividend Per Share | 0.600 | 0.550 | 0.500 | 0.440 | 0.380 |
Dividend Growth | 9.09% | 10.00% | 13.64% | 15.79% | 26.67% |
Gross Margin | 9.63% | 9.80% | 8.46% | 17.48% | 24.88% |
Operating Margin | 4.83% | 5.51% | 4.60% | 14.60% | 21.71% |
Profit Margin | 5.14% | 2.14% | 1.35% | 11.65% | 19.53% |
Free Cash Flow Margin | 0.77% | 0.72% | 4.44% | 8.43% | 9.01% |
EBITDA | 5,906 | 5,845 | 5,579 | 14,234 | 19,148 |
EBITDA Margin | 9.63% | 9.36% | 8.17% | 17.83% | 25.01% |
D&A For EBITDA | 2,945 | 2,405 | 2,440 | 2,580 | 2,523 |
EBIT | 2,961 | 3,440 | 3,139 | 11,654 | 16,625 |
EBIT Margin | 4.83% | 5.51% | 4.60% | 14.60% | 21.71% |
Effective Tax Rate | 9.97% | 52.66% | 18.89% | 15.25% | 13.65% |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.