ArcelorMittal

MT · Euronext Amsterdam · EUR

€57.28+0.95%+€0.54

Close · October 2, 2026

At a glance

Revenue growth: −1.74%; 2025 vs 2024
Net income growth: +135.40%; 2025 vs 2024
Net margin: 5.1%; 2024: 2.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	99,150	98,270	97,703	98,767	98,878	91,452	89,385	93,168	90,847	91,947	93,917	93,739
Current assets	31,992	30,495	30,605	32,532	32,972	29,666	29,382	31,061	31,008	31,674	33,240	33,125
Cash and equivalents	4,848	4,359	5,392	5,733	5,358	5,319	6,400	5,094	5,838	5,437	7,686	6,289
Receivables	4,508	4,130	4,988	4,504	4,628	4,108	5,046	4,238	4,186	4,403	5,196	4,479
Inventory	19,283	18,705	18,589	18,924	19,126	16,877	16,501	18,474	17,690	18,372	18,759	18,852
Net property, plant and equipment	41,399	41,239	41,041	40,297	39,621	34,705	33,311	34,535	33,142	33,477	33,656	33,494
Goodwill	—	—	4,266	—	—	—	3,605	—	—	—	3,908	—
Other intangible assets	5,461	5,487	986	5,134	5,343	4,599	848	4,762	4,947	5,016	1,194	4,885
Long-term investments	10,220	10,494	10,746	10,338	11,010	11,711	11,719	11,304	10,451	10,141	10,591	11,171
Current liabilities	22,395	22,010	22,520	23,478	23,600	21,996	21,825	21,281	20,306	20,437	21,769	20,451
Accounts payable	12,932	12,291	13,008	12,108	12,741	11,884	12,921	13,164	12,493	12,674	13,605	12,315
Long-term debt	10,817	10,943	9,704	10,491	9,565	8,591	7,963	8,903	7,910	8,348	7,430	8,233
Total debt	14,421	13,683	13,410	14,868	13,732	—	—	—	—	—	—	—
Total liabilities	42,327	41,059	41,167	42,089	42,408	38,153	38,099	37,804	36,548	36,290	37,849	36,200
Total equity (incl. minority)	56,823	57,211	56,536	56,678	56,470	53,299	51,286	55,364	54,299	55,657	56,068	57,539
Retained earnings	50,737	—	49,918	—	49,405	—	47,254	—	47,350	—	46,264	—
Minority interest	2,003	2,018	2,070	2,075	2,092	2,093	2,063	2,056	2,095	2,066	2,107	2,133