ArcelorMittal Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5,733	6,400	7,686	9,300	4,215	5,600
Cash & Short-Term Investments	5,733	6,400	7,686	9,300	4,215	5,600
Cash Growth	12.54%	-16.73%	-17.36%	120.64%	-24.73%	15.06%
Accounts Receivable	4,504	3,375	3,661	3,839	5,143	3,072
Other Receivables	-	1,671	1,535	1,643	1,375	1,118
Receivables	4,504	5,046	5,196	5,482	6,518	4,190
Inventory	18,924	16,501	18,759	20,087	19,858	12,328
Prepaid Expenses	3,205	610	658	732	566	486
Restricted Cash	-	84	97	114	156	363
Other Current Assets	166	741	844	1,403	3,626	5,006
Total Current Assets	32,532	29,382	33,240	37,118	34,939	27,973
Property, Plant & Equipment	40,297	33,311	33,656	30,167	30,075	30,622
Long-Term Investments	10,338	11,719	10,591	11,884	11,465	9,797
Goodwill	-	3,605	3,908	3,767	3,931	3,992
Other Intangible Assets	5,134	848	1,194	1,136	494	320
Long-Term Deferred Tax Assets	8,648	8,942	9,469	8,554	8,147	7,866
Other Long-Term Assets	1,818	1,578	1,859	1,921	1,461	1,482
Total Assets	98,767	89,385	93,917	94,547	90,512	82,052
Accounts Payable	12,108	12,921	13,605	13,532	15,093	11,525
Accrued Expenses	6,906	2,852	3,228	3,116	3,585	3,069
Short-Term Debt	900	1,016	980	1,017	888	1,647
Current Portion of Long-Term Debt	3,477	1,550	1,125	1,338	836	677
Current Portion of Leases	-	182	207	228	189	183
Current Income Taxes Payable	-	480	297	318	1,266	464
Current Unearned Revenue	-	88	109	67	63	73
Other Current Liabilities	87	2,736	2,218	2,782	2,247	5,029
Total Current Liabilities	23,478	21,825	21,769	22,398	24,167	22,667
Long-Term Debt	10,491	7,963	7,430	8,239	5,797	9,183
Long-Term Leases	-	852	939	828	691	632
Pension & Post-Retirement Benefits	-	2,338	2,741	2,606	3,772	4,656
Long-Term Deferred Tax Liabilities	2,459	2,338	2,432	2,666	2,369	1,832
Other Long-Term Liabilities	5,661	2,783	2,538	2,220	2,372	2,845
Total Liabilities	42,089	38,099	37,849	38,957	39,168	41,815
Common Stock	54,603	303	303	312	350	393
Additional Paid-In Capital	-	27,190	27,185	28,651	31,803	35,247
Retained Earnings	-	47,254	46,264	45,442	36,702	22,097
Treasury Stock	-	-2,117	-849	-1,895	-2,186	-538
Comprehensive Income & Other	-	-23,407	-18,942	-19,358	-17,563	-18,919
Total Common Equity	54,603	49,223	53,961	53,152	49,106	38,280
Minority Interest	2,075	2,063	2,107	2,438	2,238	1,957
Shareholders' Equity	56,678	51,286	56,068	55,590	51,344	40,237
Total Liabilities & Equity	98,767	89,385	93,917	94,547	90,512	82,052
Total Debt	14,868	11,563	10,681	11,650	8,401	12,322
Net Cash (Debt)	-9,135	-5,163	-2,995	-2,350	-4,186	-6,722
Net Cash Per Share	-11.88	-6.53	-3.54	-2.57	-3.78	-5.90
Filing Date Shares Outstanding	761	768.55	819.27	805.34	910.89	1,081
Total Common Shares Outstanding	761	768.55	819.27	805.34	910.89	1,081
Working Capital	9,054	7,557	11,471	14,720	10,772	5,306
Book Value Per Share	71.75	64.05	65.86	66.00	53.91	35.42
Tangible Book Value	49,469	44,770	48,859	48,249	44,681	33,968
Tangible Book Value Per Share	65.01	58.25	59.64	59.91	49.05	31.43
Land	-	10,049	10,850	9,476	10,121	10,738
Machinery	-	33,453	35,965	34,133	35,348	36,599
Construction In Progress	-	8,353	7,343	5,887	4,533	3,963

Source: S&P Global Market Intelligence. Standard template. Financial Sources.