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ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
ArcelorMittal is one of the world’s largest integrated steelmakers and miners, supplying flat and long steel and operating iron‑ore and coal assets for automotive and construction customers. Long‑term growth drivers include global infrastructure and manufacturing demand, energy transition demand and vertical integration that could support margins; investors may find the company attractive for its scale, global footprint and cost and productivity programs.
Major risks include cyclical demand and volatile raw‑material prices, capital intensity and potential leverage, carbon‑regulation and trade or geopolitical disruptions that could pressure earnings.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 3748.60M | 2915.00M | 72.61M | 11255.00M | 18025.00M |
| Minority interest | -91.00M | -41.00M | -89.00M | -236.00M | -609.00M |
| Net income | 3280.28M | 1339.00M | 919.00M | 9302.00M | 14956.00M |
| Selling general administrative | 2606.00M | 2478.00M | 2397.00M | 2263.00M | 2258.00M |
| Gross profit | 4376.00M | 5788.00M | 4737.00M | 12535.00M | 19234.00M |
| Reconciled depreciation | 2945.00M | 2632.00M | 2608.00M | 3606.00M | 2305.00M |
| Ebit | 2054.34M | 3425.00M | 1975.00M | 11468.00M | 18303.00M |
| Ebitda | 5119.20M | 6057.00M | 4650.00M | 15074.00M | 20608.00M |
| Depreciation and amortization | 3064.86M | 2632.00M | 2675.00M | 3606.00M | 2305.00M |
| Operating income | 2054.34M | 3310.00M | 2340.00M | 10272.00M | 16976.00M |
| Other operating expenses | 59891.00M | 59131.00M | 65935.00M | 69572.00M | 59595.00M |
| Interest expense | 600.48M | 488.09M | 729.96M | 213.00M | 278.00M |
| Tax provision | 359.00M | 1535.00M | 657.00M | 1717.00M | -2460.00M |
| Interest income | 281.00M | 400.00M | 570.00M | 188.00M | 79.00M |
| Net interest income | -656.00M | -407.00M | -511.00M | -510.00M | -956.00M |
| Income tax expense | 373.61M | 1535.00M | 238.00M | 1717.00M | -2460.00M |
| Total revenue | 61352.00M | 62441.00M | 68275.00M | 79844.00M | 76571.00M |
| Total operating expenses | 2915.00M | 2478.00M | 2397.00M | 2263.00M | 2258.00M |
| Cost of revenue | 56976.00M | 56653.00M | 63538.00M | 67309.00M | 57337.00M |
| Total other income expense net | 1694.26M | -395.00M | -2267.39M | 1493.00M | 2005.00M |
| Net income from continuing ops | 3243.00M | 1380.00M | 4235.00M | 9538.00M | 15565.00M |
| Net income applicable to common shares | - | - | - | 9302.00M | 14956.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 97707.99M | 89385.00M | 93917.00M | 94547.00M | 90512.00M |
| Intangible assets | 986.05M | 848.00M | 1194.00M | 1136.00M | 494.00M |
| Other current assets | 3064.16M | 825.00M | 1603.28M | 3778.00M | 5567.00M |
| Total liab | 41169.10M | 38099.00M | 37849.00M | 38957.00M | 39168.00M |
| Total stockholder equity | 54468.78M | 49223.00M | 53961.00M | 53152.00M | 49106.00M |
| Other current liab | 6773.48M | 5879.00M | 5788.31M | 6216.00M | 7098.00M |
| Common stock | 275.00M | 303.00M | 303.00M | 312.00M | 350.00M |
| Capital stock | 275.00M | 303.00M | 303.00M | 312.00M | 350.00M |
| Retained earnings | 49918.00M | 47241.22M | 46264.00M | 45442.00M | 36702.00M |
| Other liab | - | - | - | 7492.00M | 8513.00M |
| Good will | 4266.00M | 3604.03M | 3908.00M | 3767.00M | 3931.00M |
| Other assets | - | - | -27.38M | 10475.00M | 9608.00M |
| Cash | 5476.28M | 6400.00M | 7686.00M | 9414.00M | 4371.00M |
| Total current liabilities | 22521.15M | 21825.00M | 21751.07M | 22398.00M | 24167.00M |
| Current deferred revenue | - | 88.00M | 109.00M | 67.00M | 63.00M |
| Net debt | 7934.40M | 5163.00M | 2995.00M | 2236.00M | 4030.00M |
| Short term debt | 2739.00M | 2748.00M | 2312.00M | 2583.00M | 1913.00M |
| Short long term debt | 2525.00M | 2566.00M | 2105.00M | 2583.00M | 1913.00M |
| Short long term debt total | 13410.68M | 11563.00M | 10681.00M | 11650.00M | 8401.00M |
| Other stockholder equity | 24895.00M | 25079.45M | 26336.00M | 30170.00M | 30126.00M |
| Property plant equipment | - | - | - | 30167.00M | 30075.00M |
| Total current assets | 30606.56M | 29382.00M | 33240.00M | 37118.00M | 34939.00M |
| Long term investments | 10746.00M | 11719.00M | 10591.00M | 10765.00M | 10319.00M |
| Net tangible assets | - | - | - | 48249.00M | 44681.00M |
| Short term investments | - | 84.00M | 1180.29M | - | - |
| Net receivables | 3476.18M | 5656.00M | 5191.72M | 3839.00M | 5143.00M |
| Long term debt | 9704.00M | 7963.00M | 7430.00M | 9067.00M | 6488.00M |
| Inventory | 18589.95M | 16501.00M | 18759.00M | 20087.00M | 19858.00M |
| Accounts payable | 13008.67M | 12630.00M | 13245.00M | 13532.00M | 15093.00M |
| Accumulated other comprehensive income | -20622.00M | -23400.67M | -18942.00M | -22772.00M | -18072.00M |
| Non currrent assets other | 1552.08M | 1578.00M | 1866.80M | 3040.00M | 2607.00M |
| Non current assets total | 67101.43M | 60003.00M | 60677.00M | 57429.00M | 55573.00M |
| Capital lease obligations | 1181.00M | 1034.00M | 1146.00M | 1056.00M | 880.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -19.00M | -4987.00M | -6395.00M | -4483.00M | 2600.00M |
| Change to liabilities | - | - | - | -294.00M | 4780.00M |
| Total cashflows from investing activities | -4736.22M | -4987.00M | -5848.00M | -4483.00M | -340.00M |
| Net borrowings | -874.00M | 1028.00M | -1927.00M | 3123.00M | -5156.00M |
| Total cash from financing activities | -1837.87M | -680.00M | -3666.00M | -477.00M | -10898.00M |
| Change to operating activities | - | - | - | 198.00M | -1208.00M |
| Net income | 3280.28M | 1339.00M | 938.23M | 9302.00M | 14956.00M |
| Change in cash | -1005.97M | -1286.00M | -1614.00M | 5085.00M | -1385.00M |
| Begin period cash flow | 6482.25M | 7686.00M | 9300.00M | 4215.00M | 5600.00M |
| End period cash flow | 5476.28M | 6400.00M | 7686.00M | 9300.00M | 4215.00M |
| Total cash from operating activities | 5003.68M | 4852.00M | 7645.00M | 10203.00M | 9905.00M |
| Issuance of capital stock | - | - | - | 0.00M | 0.00M |
| Depreciation | 3064.86M | 2632.00M | 2675.00M | 3606.00M | 2305.00M |
| Other cashflows from investing activities | -222.71M | -582.00M | 548.00M | -44.00M | 97.00M |
| Dividends paid | 438.13M | 393.00M | 369.00M | -332.00M | -312.00M |
| Change to inventory | 820.00M | 238.00M | 1568.00M | -2062.00M | -8654.00M |
| Change to account receivables | 597.00M | -192.00M | 307.00M | 1133.00M | -2535.00M |
| Sale purchase of stock | -272.66M | -1300.00M | -1208.00M | -2937.00M | -5170.00M |
| Other cashflows from financing activities | -461.03M | -15.00M | -162.00M | 2952.00M | -5018.00M |
| Change to netincome | - | - | - | -654.00M | 2171.00M |
| Capital expenditures | 4513.51M | 4405.00M | 4613.00M | 3468.00M | 3008.00M |
| Change in working capital | 494.33M | 102.00M | 1714.00M | -1223.00M | -6409.00M |
| Stock based compensation | - | - | 39.00M | -1317.00M | -2204.00M |
| Other non cash items | -1582.90M | 290.91M | 2040.77M | -1119.00M | -454.00M |
| Free cash flow | 490.17M | 447.00M | 3032.00M | 6735.00M | 6897.00M |
Sector: Basic Materials Industry: Steel
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| AMSYF ArcelorMittal SA |
- -% |
59.70 | 11.82 | 12.18 | 0.64 | 0.68 | 0.90 | 7.76 |
| MT ArcelorMittal SA ADR |
0.54 0.89% |
60.96 | 30.54 | 11.44 | 0.88 | 1.00 | 1.02 | 10.02 |
| NUE Nucor Corp |
5.07 2.06% |
250.75 | 9.01 | 14.84 | 1.21 | 2.11 | 1.21 | 5.42 |
| NPSCY Nippon Steel Corp ADR |
-0.15 3.42% |
4.24 | 222.00 | 7.94 | 0.00 | 0.63 | 0.85 | 10.07 |
| NISTF Nippon Steel Corporation |
- -% |
4.30 | 212.00 | 7.90 | 0.00 | 0.62 | 0.85 | 10.07 |
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.
24-26, Boulevard d?Avranches, Luxembourg, Luxembourg, 1160
352 47 921
125554
| Name | Title | Year Born |
|---|---|---|
| Mr. Lakshmi Nivas Mittal B.Com. | Exec. Chairman | 1950 |
| Mr. Aditya Mittal | CEO & Director | 1977 |
| Mr. Genuino Jose Magalhaes Christino | Exec. VP & CFO | 1972 |
| Mr. Daniel Fairclough | Head of Investor Relations & VP of Corp. Fin. | NA |
| Mr. Henk Scheffer | Group Compliance, Data Protection Officer & Company Sec. | 1963 |
| Ms. Nicola Davidson | VP and Head of Corp. Communications & Corp. Responsibility | NA |
| Ms. Stephanie Werner-Dietz | Exec. VP & Global Head of HR | 1972 |
| Mr. Augustine Kochuparampil | VP & CEO of Long Products Europe | 1952 |
| Dr. Gregory Ludkovsky | VP and CEO of Global R&D | 1950 |
| Mr. Vijay Krishna Goyal | Exec. VP & CEO of ArcelorMittal CIS | 1972 |
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