ArcelorMittal South Africa Limited (JSE:ACL)

South Africa · Delayed Price · Currency is ZAR · Price in ZAc

136.00

+1.00 (0.74%)

Jul 28, 2026, 11:44 AM SAST

JSE:ACL Financials Overview

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

Millions ZAR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Revenue	34,212	34,212	38,596	41,637	40,771	39,708
Revenue Growth	-2.83%	-11.36%	-7.30%	2.12%	2.68%	61.13%
Gross Profit	8,651	8,651	8,671	10,649	13,921	18,553
Operating Income	-2,174	-2,174	-3,765	-822	3,499	7,973
Net Income	-3,012	-3,012	-5,839	-3,920	2,634	6,625
Earnings Per Share	-2.70	-2.70	-5.24	-3.52	2.36	5.94
EPS Growth	-	-	-	-	-60.27%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Steel Operations	32,846	32,846	37,263	40,885	38,765	37,250
Non-Steel Operations	1,600	1,600	1,626	907	2,049	2,508
Adjustments and Eliminations	-234	-234	-293	-155	-43	-50
Total	34,212	34,212	38,596	41,637	40,771	39,708

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Cash & Investments	859	859	1,327	2,489	3,392	4,652
Total Debt	9,372	9,372	8,886	6,888	6,402	5,999
Net Cash (Debt)	-8,513	-8,513	-7,559	-4,399	-3,010	-1,347
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-7.64	-7.64	-6.78	-3.95	-2.70	-1.21

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Operating Cash Flow	-23	-23	384	978	416	2,763
Capital Expenditures	-988	-988	-932	-1,480	-1,897	-854
Free Cash Flow	-1,011	-1,011	-548	-502	-1,481	1,909
Free Cash Flow Growth	-	-	-	-	-	1379.85%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Gross Margin	25.29%	25.29%	22.47%	25.58%	34.14%	46.72%
Operating Margin	-6.35%	-6.35%	-9.75%	-1.97%	8.58%	20.08%
Pretax Margin	-8.83%	-8.83%	-15.12%	-9.31%	6.46%	16.68%
Profit Margin	-8.80%	-8.80%	-15.13%	-9.41%	6.46%	16.68%
FCF Margin	-2.96%	-2.96%	-1.42%	-1.21%	-3.63%	4.81%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 28, 2026	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
PE Ratio	-	-	-	-	2.01	1.49
Forward PE	-	1.67	4.47	5.96	1.31	3.61
P/FCF Ratio	-	-	-	-	-	5.19
PS Ratio	0.06	0.05	0.04	0.04	0.13	0.25