MT
ArcelorMittal S.A.
Stock
$64.51−0.05 (−0.08%)Close Oct 2, 2026
Income statement
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.4B | $62.4B | $68.3B | $79.8B | $76.6B | $53.3B | $70.6B | $76.0B | $68.7B | $56.8B | $63.6B |
| Cost of revenue | $57.0B | $56.7B | $63.5B | $67.3B | $57.3B | $49.1B | $68.9B | $67.0B | $60.9B | $50.4B | $65.2B |
| Gross profit | $4.4B | $5.8B | $4.7B | $12.5B | $19.2B | $4.1B | $1.7B | $9.0B | $7.8B | $6.4B | −$1.6B |
| R&D | $335M | $285M | $299M | $286M | $270M | $245M | $301M | $290M | $278M | $239M | $227M |
| SG&A | $2.6B | $2.5B | $2.4B | $2.3B | $2.3B | $2.0B | $2.4B | $2.5B | $2.4B | $2.2B | $2.5B |
| Operating income | $3.6B | $3.3B | $2.3B | $10.3B | $17.0B | $2.1B | −$627M | $6.5B | $5.4B | $4.2B | −$4.2B |
| Non-operating income | −$26M | −$395M | −$1.1B | $983M | $1.0B | −$1.0B | −$1.3B | −$1.6B | −$427M | −$1.4B | −$3.4B |
| Pretax income | $3.6B | $2.9B | $1.3B | $11.3B | $18.0B | $1.1B | −$1.9B | $5.0B | $5.0B | $2.7B | −$7.5B |
| Taxes | $450M | $1.6B | $341M | $2.0B | $3.1B | $1.8B | $522M | −$168M | $439M | $941M | $425M |
| Net income | $3.2B | $1.3B | $919M | $9.3B | $15.0B | −$733M | −$2.5B | $5.1B | $4.6B | $1.8B | −$7.9B |
| Diluted EPS | $4.11 | $1.69 | $1.09 | $10.18 | $13.49 | −$0.64 | −$2.42 | $5.04 | $4.46 | $1.86 | −$10.29 |
| Diluted shares | 766.0M | 791.0M | 845.0M | 914.0M | 1.11B | 1.14B | 1.01B | 1.02B | 1.02B | 955.0M | 772.0M |
| Revenue growth | −1.7% | −8.5% | −14.5% | +4.3% | +43.7% | −24.6% | −7.1% | +10.7% | +20.9% | −10.7% | — |
| Gross margin | 7.1% | 9.3% | 6.9% | 15.7% | 25.1% | 7.8% | 2.4% | 11.8% | 11.4% | 11.2% | −2.5% |
| Operating margin | 5.9% | 5.3% | 3.4% | 12.9% | 22.2% | 4.0% | −0.9% | 8.6% | 7.9% | 7.3% | −6.5% |
| Net margin | 5.1% | 2.1% | 1.3% | 11.7% | 19.5% | −1.4% | −3.5% | 6.8% | 6.7% | 3.1% | −12.5% |