ArcelorMittal (MT) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
ArcelorMittal SA is an integrated steel and mining company. The company's reportable operating segments include North America, Brazil, Europe, India and JVs, Sustainable Solutions, and Mining. It g...
ArcelorMittal's revenue decreased 1.7% year over year, from $62.44B to $61.35B.
Net income increased 135.4% over the same period, from $1.34B to $3.15B.
Over the 4-year period from FY2021 to FY2025, revenue declined by 20% in total.
Total debt increased by 7.5% to $14.42B.
The debt-to-equity ratio stands at 0.25, indicating a conservative leverage profile.
Operating cash flow declined 2.3% to $4.70B.
ArcelorMittal maintains a moderate net profit margin of 5.1%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2021 | $76.57B | $14.96B | $19.05B | $16.63B | $10.20B | $94.55B | $11.65B | $55.59B |
| FY2022 | $79.84B+4.3% | $9.30B | $13.96B | $11.65B | $7.64B | $93.92B | $10.68B | $56.07B |
| FY2023 | $68.28B-14.5% | $919.0M | $5.78B | $3.13B | $4.85B | $89.39B | $11.56B | $51.29B |
| FY2024 | $62.44B-8.5% | $1.34B | $6.12B | $3.44B | $4.81B | $97.70B | $13.41B | $56.54B |
| FY2025 | $61.35B-1.7% | $3.15B | $4.58B | $1.67B | $4.70B | $99.15B | $14.42B | $56.82B |
Balance Sheet Summary (FY2025)
ArcelorMittal (MT) Financial Statements & Revenue History
ArcelorMittal (MT) is a US-listed stock operating in the Basic Materials sector trading at $63.11 with a market capitalization of $47. This page provides 5 historical financial statements for ArcelorMittal, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, ArcelorMittal reported revenue of $61.4 billion, a 1.7% decline from the prior year. The net profit margin of 5.1% indicates moderate profitability. The debt-to-equity ratio of 0.25 shows conservative leverage.
MT Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows ArcelorMittal's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether MT is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track MT's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently ArcelorMittal converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of MT's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use MT Financial Data
Investors use ArcelorMittal's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare MT's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how MT's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View MT's financial health score, earnings, and pre-market pricing.
Financial data is sourced from ArcelorMittal's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.MT trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

