ArcelorMittal S.A. (FRA:ARRJ)
Germany · Delayed Price · Currency is EUR 46.20
+1.20 (2.67%)
Last updated: Jan 28, 2026, 8:07 AM CET
ArcelorMittal Cash Flow Statement
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 |
Net Income | 2,585 | 1,339 | 919 | 9,302 | 14,956 | -733 |
Depreciation & Amortization | 2,798 | 2,632 | 2,675 | 2,580 | 2,523 | 2,960 |
Loss (Gain) From Sale of Assets | - | - | 1,469 | - | -104 | -1,129 |
Asset Writedown & Restructuring Costs | 274 | 116 | 1,038 | 1,026 | -218 | -464 |
Loss (Gain) From Sale of Investments | -48 | - | 1,405 | - | - | - |
Loss (Gain) on Equity Investments | -623 | -779 | -1,184 | -1,317 | -2,204 | -234 |
Other Operating Activities | 70 | 1,933 | -400 | -363 | 2,156 | 2,350 |
Change in Accounts Receivable | -192 | -192 | 307 | 1,133 | -2,535 | -76 |
Change in Inventory | 238 | 238 | 1,568 | -2,062 | -8,654 | 1,786 |
Change in Accounts Payable | 56 | 56 | -271 | -294 | 4,780 | -214 |
Change in Other Net Operating Assets | -896 | -491 | 119 | 198 | -795 | -164 |
Operating Cash Flow | 4,281 | 4,852 | 7,645 | 10,203 | 9,905 | 4,082 |
Operating Cash Flow Growth | -25.05% | -36.53% | -25.07% | 3.01% | 142.65% | -32.16% |
Capital Expenditures | -4,223 | -4,405 | -4,613 | -3,468 | -3,008 | -2,439 |
Sale of Property, Plant & Equipment | 568 | 568 | 718 | 95 | 105 | - |
Cash Acquisitions | -184 | -184 | -2,524 | -939 | -25 | - |
Divestitures | - | - | 254 | - | -4 | 497 |
Investment in Securities | -952 | -952 | 487 | -32 | 2,600 | 59 |
Other Investing Activities | 259 | -125 | -170 | -139 | -8 | -128 |
Investing Cash Flow | -4,421 | -4,987 | -5,848 | -4,483 | -340 | -2,011 |
Short-Term Debt Issued | - | 257 | 218 | 434 | 287 | 430 |
Long-Term Debt Issued | - | 2,227 | 134 | 3,893 | 147 | 1,560 |
Total Debt Issued | 2,897 | 2,484 | 352 | 4,327 | 434 | 1,990 |
Short-Term Debt Repaid | - | -1,192 | -1,670 | -1,044 | -1,664 | -1,503 |
Long-Term Debt Repaid | - | -264 | -609 | -160 | -3,926 | -1,909 |
Total Debt Repaid | -1,521 | -1,456 | -2,279 | -1,204 | -5,590 | -3,412 |
Net Debt Issued (Repaid) | 1,376 | 1,028 | -1,927 | 3,123 | -5,156 | -1,422 |
Issuance of Common Stock | - | - | - | - | - | 750 |
Repurchase of Common Stock | -395 | -1,300 | -1,208 | -2,937 | -5,170 | -500 |
Common Dividends Paid | -403 | -393 | -369 | -332 | -312 | - |
Other Financing Activities | 56 | -15 | -162 | -331 | -260 | -326 |
Financing Cash Flow | 634 | -680 | -3,666 | -477 | -10,898 | -1,498 |
Foreign Exchange Rate Adjustments | 174 | -471 | 255 | -158 | -55 | 163 |
Miscellaneous Cash Flow Adjustments | -12 | - | - | - | 3 | -3 |
Net Cash Flow | 656 | -1,286 | -1,614 | 5,085 | -1,385 | 733 |
Free Cash Flow | 58 | 447 | 3,032 | 6,735 | 6,897 | 1,643 |
Free Cash Flow Growth | -94.14% | -85.26% | -54.98% | -2.35% | 319.78% | -32.80% |
Free Cash Flow Margin | 0.10% | 0.72% | 4.44% | 8.43% | 9.01% | 3.08% |
Free Cash Flow Per Share | 0.07 | 0.56 | 3.59 | 7.37 | 6.22 | 1.44 |
Cash Interest Paid | 799 | 799 | 788 | 440 | 479 | 604 |
Cash Income Tax Paid | 763 | 763 | 977 | 2,940 | 2,128 | 705 |
Levered Free Cash Flow | -580.25 | 2,287 | 1,522 | 6,650 | 3,461 | 4,807 |
Unlevered Free Cash Flow | -182.13 | 2,606 | 1,969 | 6,901 | 3,684 | 5,105 |
Change in Working Capital | -794 | -389 | 1,723 | -1,025 | -7,204 | 1,332 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.