← ArcelorMittal

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $56.8b
$68.7b +20.93%
$76.0b +10.71%
$70.6b -7.13%
$53.3b -24.56%
$76.6b +43.74%
$79.8b +4.27%
$68.3b -14.49%
$62.4b -8.54%
$61.4b -1.74%
$62.8b +2.44%
Revenue From Interest $58.0m $56.0m $72.0m $88.0m $56.0m $79.0m $188.0m $570.0m $400.0m $281.0m —
Cost of Goods and Services Sold $50.4b
$60.9b +20.72%
$67.0b +10.10%
$68.9b +2.78%
$49.1b -28.67%
$57.3b +16.69%
$67.3b +17.39%
$63.5b -5.60%
$56.7b -10.84%
$57.0b +0.57%
$57.4b +0.73%
Cost of sales $50.4b
$60.9b +20.72%
$67.0b +10.10%
$68.9b +2.78%
$49.1b -28.67%
$57.3b +16.69%
$67.3b +17.39%
$63.5b -5.60%
$56.7b -10.84%
$57.0b +0.57%
$57.4b +0.73%
Gross margin $6.4b
$7.8b +22.63%
$9.0b +15.44%
$1.7b -80.82%
$4.1b +139.12%
$19.2b +365.49%
$12.5b -34.83%
$4.7b -62.21%
$5.8b +22.19%
$4.4b -24.40%
$5.5b +24.63%
Gross Profit $6.4b
$7.8b +22.63%
$9.0b +15.44%
$1.7b -80.82%
$4.1b +139.12%
$19.2b +365.49%
$12.5b -34.83%
$4.7b -62.21%
$5.8b +22.19%
$4.4b -24.40%
$5.5b +24.63%
Research And Development Expense $239.0m $278.0m $290.0m $301.0m $245.0m $270.0m $286.0m $299.0m $285.0m $335.0m —
Selling, General and Administrative Expense $2.2b $2.4b $2.5b $2.4b $2.0b $2.3b $2.3b $2.4b $2.5b $2.6b $2.8b
Operating income $4.2b
$5.4b +30.59%
$6.5b +20.33%
($627.0m) -109.59%
$2.1b +436.52%
$17.0b +704.55%
$10.3b -39.49%
$2.3b -77.22%
$3.3b +41.45%
$3.6b +9.61%
$2.4b -34.67%
Interest Expense $1.2b $879.0m $687.0m $695.0m $477.0m $357.0m $401.0m $715.0m $510.0m $577.0m $1.2b
Interest Expense On Lease Liabilities — — — $98.0m $66.0m $33.0m $34.0m $55.0m $55.0m $60.0m $1.2b
Income before taxes $2.7b $5.0b $5.0b ($1.9b) $1.1b $18.0b $11.3b $1.3b $2.9b $3.6b $2.1b
Deferred Tax Expense (Income) $731.0m ($151.0m) ($1.3b) ($327.0m) $827.0m ($493.0m) ($363.0m) ($770.0m) $510.0m ($243.0m) —
Deferred Tax Expense (Income) Recognised In Profit Or Loss $25.0m ($209.0m) — — — — — — — — —
Income Tax Expense Continuing Operations $986.0m $432.0m ($349.0m) $459.0m $1.7b $2.5b $1.7b $238.0m $1.5b $359.0m $216.0m
Net income (including non-controlling interests) $1.7b $4.6b $5.3b ($2.4b) ($578.0m) $15.6b $9.5b $1.0b $1.4b $3.2b $1.9b
Net income attributable to non-controlling interests ($45.0m) $7.0m $181.0m $63.0m $155.0m $609.0m $236.0m $103.0m $41.0m $91.0m —
Net income attributable to equity holders of the parent $1.8b $4.6b $5.1b ($2.5b) ($733.0m) $15.0b $9.3b $919.0m $1.3b $3.2b —
Basic Earnings (Loss) Per Share $1.87 $4.48 $1,015.58 ($2.42) ($0.64) $13.53 $10.21 $1.09 $1.70 $4.13 $2.38
Diluted Earnings (Loss) Per Share $1.86 $4.46 $1,021.63 ($2.42) ($0.64) $13.49 $10.18 $1.09 $1.69 $4.11 $2.38
Basic (in shares) $953.0m $1.0b $1.0b $1.0b $1.1b $1.1b $911.0m $842.0m $788.0m $763.0m $761.0m
Additional Financial Items
Acquisition gain of Calvert — — — — — — — $0 $0 $1.9b —
Auditors Remuneration For Tax Services — — — — — — — — $600k — —
Depreciation And Amortisation Expense $2.7b $2.8b $2.8b $3.1b $3.0b $2.5b $2.6b $2.7b $2.6b $2.9b —
Employee Benefits Expense $7.6b $8.8b $9.2b $9.1b $7.7b $6.9b $6.7b $7.0b $6.8b $7.2b —
Expense From Share-Based Payment Transactions With Employees — — $31.0m — $0 $0 — — — — —
Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used — — — $68.0m $61.0m $65.0m $71.0m $81.0m $91.0m $98.0m —
Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used — — — $165.0m $134.0m $79.0m $96.0m $93.0m $114.0m $158.0m —
Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities — — — $65.0m $73.0m $86.0m $87.0m $68.0m $70.0m $74.0m —
Financing costs - net ($2.1b) ($875.0m) ($2.2b) ($1.7b) ($1.3b) ($1.2b) ($334.0m) ($859.0m) ($1.2b) ($709.0m) —
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss $205.0m $206.0m $994.0m $1.9b ($133.0m) ($218.0m) $1.0b $1.0b $116.0m $204.0m —
Impairment of investments in associates, joint ventures and other investments — — — — — $0 $0 ($1.4b) $0 ($123.0m) —
Income from investments in associates, joint ventures and other investments $615.0m $448.0m $652.0m $347.0m $234.0m $2.2b $1.3b $1.2b $779.0m $806.0m —
Other Employee Expense $1.6b $1.8b $2.0b $1.7b $1.4b $1.2b $1.3b $1.3b $1.2b $1.4b —
Other Finance Cost $642.0m $823.0m $439.0m $324.0m $474.0m $514.0m $246.0m $423.0m $297.0m $360.0m —
Postemployment Benefit Expense Defined Benefit Plans ($393.0m) $555.0m $478.0m $435.0m $430.0m $147.0m $176.0m $249.0m $166.0m $232.0m —
Profit Loss Attributable To Noncontrolling Interests ($45.0m) $7.0m $181.0m $63.0m $155.0m $609.0m $236.0m $103.0m $41.0m $91.0m —
Profit Loss Attributable To Owners Of Parent $1.8b $4.6b $5.1b ($2.5b) ($733.0m) $15.0b $9.3b $919.0m $1.3b $3.2b —
Profit Loss Before Tax $2.7b $5.0b $5.0b ($1.9b) $1.1b $18.0b $11.3b $1.3b $2.9b $3.6b —
Profit Loss From Operating Activities $4.2b $5.4b $6.5b ($627.0m) $2.1b $17.0b $10.3b $2.3b $3.3b $3.6b —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.