ArcelorMittal S.A. (MT)

ArcelorMittal Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	68,275	68,275	79,844	76,571	53,270	70,615
Revenue Growth (YoY)	-14.49%	-14.49%	4.27%	43.74%	-24.56%	-7.13%
Cost of Revenue	63,538	63,538	67,309	57,337	49,138	68,887
Gross Profit	4,737	4,737	12,535	19,234	4,132	1,728
Selling, General & Admin	2,397	2,397	2,263	2,258	2,022	2,355
Operating Expenses	2,397	2,397	2,263	2,258	2,022	2,355
Operating Income	2,340	2,340	10,272	16,976	2,110	-627
Interest Expense / Income	859	859	334	1,155	1,256	1,652
Other Expense / Income	324	324	-1,081	-1,595	-79	-284
Pretax Income	1,157	1,157	11,019	17,416	933	-1,995
Income Tax	238	238	1,717	2,460	1,666	459
Net Income	919	919	9,302	14,956	-733	-2,454
Net Income Growth	-90.12%	-90.12%	-37.80%	-	-	-
Shares Outstanding (Basic)	805	805	911	1,081	1,012	1,013
Shares Outstanding (Diluted)	845	845	914	1,108	1,140	1,013
Shares Change	-7.55%	-7.55%	-17.51%	-2.81%	12.54%	-0.78%
EPS (Basic)	1.09	1.09	10.21	13.53	-0.64	-2.42
EPS (Diluted)	1.09	1.09	10.18	13.49	-0.64	-2.42
EPS Growth	-89.29%	-89.29%	-24.54%	-	-	-
Free Cash Flow	3,750	3,750	6,830	6,988	1,504	2,245
Free Cash Flow Per Share	4.66	4.66	7.50	6.47	1.49	2.22
Dividend Per Share	0.440	0.440	0.323	0.300	-	0.200
Dividend Growth	36.22%	36.22%	7.67%	-	-	100.00%
Gross Margin	6.94%	6.94%	15.70%	25.12%	7.76%	2.45%
Operating Margin	3.43%	3.43%	12.87%	22.17%	3.96%	-0.89%
Profit Margin	1.35%	1.35%	11.65%	19.53%	-1.38%	-3.48%
Free Cash Flow Margin	5.49%	5.49%	8.55%	9.13%	2.82%	3.18%
Effective Tax Rate	20.57%	20.57%	15.58%	14.12%	178.56%	-
EBITDA	4,691	4,691	13,933	21,094	5,149	2,724
EBITDA Margin	6.87%	6.87%	17.45%	27.55%	9.67%	3.86%
Depreciation & Amortization	2,675	2,675	2,580	2,523	2,960	3,067
EBIT	2,016	2,016	11,353	18,571	2,189	-343
EBIT Margin	2.95%	2.95%	14.22%	24.25%	4.11%	-0.49%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).