ArcelorMittal S.A. (MT)

NYSE: MT · IEX Real-Time Price · USD
-0.13 (-0.51%)
Dec 4, 2023, 4:00 PM EST - Market closed

Total Valuation

ArcelorMittal has a market cap or net worth of $21.35 billion. The enterprise value is $23.59 billion.

Market Cap 21.35B
Enterprise Value 23.59B

Important Dates

The last earnings date was Thursday, November 9, 2023, before market open.

Earnings Date Nov 9, 2023
Ex-Dividend Date Nov 13, 2023

Share Statistics

ArcelorMittal has 839.24 million shares outstanding. The number of shares has decreased by -15.72% in one year.

Shares Outstanding 839.24M
Shares Change (YoY) -15.72%
Shares Change (QoQ) n/a
Owned by Insiders (%) n/a
Owned by Institutions (%) 5.12%
Float 506.66M

Valuation Ratios

The trailing PE ratio is 5.07 and the forward PE ratio is 6.51. ArcelorMittal's PEG ratio is 0.65.

PE Ratio 5.07
Forward PE 6.51
PS Ratio 0.27
Forward PS n/a
PB Ratio 0.40
P/FCF Ratio 3.17
PEG Ratio 0.65
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 1.69, with an EV/FCF ratio of 3.50.

EV / Earnings 2.54
EV / Sales 0.30
EV / EBITDA 1.69
EV / EBIT 2.08
EV / FCF 3.50

Financial Position

The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.22.

Current Ratio 1.66
Quick Ratio 0.59
Debt / Equity 0.22
Debt / EBITDA 0.84
Debt / FCF 1.73
Interest Coverage 33.99

Financial Efficiency

Return on equity (ROE) is 18.20% and return on invested capital (ROIC) is 13.38%.

Return on Equity (ROE) 18.20%
Return on Assets (ROA) 10.10%
Return on Capital (ROIC) 13.38%
Revenue Per Employee $517,285
Profits Per Employee $60,265
Employee Count 154,352
Asset Turnover 0.86
Inventory Turnover 3.30


In the past 12 months, ArcelorMittal has paid $1.72 billion in taxes.

Income Tax 1.72B
Effective Tax Rate 15.58%

Stock Price Statistics

The stock price has decreased by -4.00% in the last 52 weeks. The beta is 1.88, so ArcelorMittal's price volatility has been higher than the market average.

Beta (1Y) 1.88
52-Week Price Change -4.00%
50-Day Moving Average 23.47
200-Day Moving Average 26.57
Relative Strength Index (RSI) 68.97
Average Volume (30 Days) 2,032,825

Short Selling Information

Short Interest 5.50M
Short Previous Month 4.36M
Short % of Shares Out 0.66%
Short % of Float 1.09%
Short Ratio (days to cover) 1.99

Income Statement

In the last 12 months, ArcelorMittal had revenue of $79.84 billion and earned $9.30 billion in profits. Earnings per share was $5.02.

Revenue 79.84B
Gross Profit 12.54B
Operating Income 10.27B
Pretax Income 11.02B
Net Income 9.30B
EBIT 11.35B
Earnings Per Share (EPS) $5.02
Full Income Statement

Balance Sheet

The company has $9.41 billion in cash and $11.65 billion in debt, giving a net cash position of -$2.24 billion or -$2.66 per share.

Cash & Cash Equivalents 9.41B
Total Debt 11.65B
Net Cash -2.24B
Net Cash Per Share -$2.66
Equity / Book Value 53.15B
Book Value Per Share 63.33
Working Capital 14.72B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $10.20 billion and capital expenditures -$3.47 billion, giving a free cash flow of $6.74 billion.

Operating Cash Flow 10.20B
Capital Expenditures -3.47B
Free Cash Flow 6.74B
FCF Per Share $7.39
Full Cash Flow Statement


Gross margin is 15.70%, with operating and profit margins of 12.87% and 11.65%.

Gross Margin 15.70%
Operating Margin 12.87%
Pretax Margin 13.80%
Profit Margin 11.65%
EBITDA Margin 17.45%
EBIT Margin 14.22%
FCF Margin 8.44%

Dividends & Yields

This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 1.73%.

Dividend Per Share $0.44
Dividend Yield 1.73%
Earnings Yield 43.57%
FCF Yield 31.55%
Dividend Growth (YoY) n/a
Payout Ratio 8.76%
Buyback Yield 15.72%
Shareholder Yield 17.45%
Dividend Details

Analyst Forecast

The average price target for ArcelorMittal is $38.00, which is 49.37% higher than the current price. The consensus rating is "Buy".

Price Target $38.00
Price Target Difference 49.37%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 22, 2017. It was a reverse split with a ratio of 1:3.

Last Split Date May 22, 2017
Split Type Reverse
Split Ratio 1:3


ArcelorMittal has an Altman Z-Score of 2.43 and a Piotroski F-Score of 9. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.43
Piotroski F-Score 9