ArcelorMittal
€57.28Change from previous close: +0.95%Absolute change: +€0.54
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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 961 | -9.0 | 2,995 | 751 | 1,416 | -354 | 2,468 | 1,411 | 1,073 | -100 | 3,328 | 1,281 |
| Depreciation and amortization | 780 | 749 | 856 | 736 | 697 | 656 | 673 | 682 | 635 | 642 | 703 | 662 |
| Capital expenditure | -1,102 | -1,271 | -1,247 | -1,237 | -886 | -967 | -1,133 | -1,051 | -985 | -1,236 | -1,450 | -1,165 |
| Investing cash flow | -505 | -1,324 | -1,248 | -1,511 | -763 | -1,029 | -1,118 | -1,865 | -1,042 | -962 | -986 | -978 |
| Financing cash flow | 152 | 222 | -2,001 | 1,025 | -813 | 23.0 | 399 | -533 | 514 | -1,060 | -929 | 102 |
| Dividends paid | -114 | -114 | -211 | 0.0 | -210 | 0.0 | -193 | — | -200 | — | -184 | — |
| Share repurchases | -483 | 0.0 | 0.0 | 0.0 | -168 | -94.0 | -133 | -277 | -293 | -597 | -466 | -38.0 |
| Debt issued | 1,297 | 456 | 1,162 | 1,138 | 777 | 197 | 1,920 | — | 1,493 | — | 352 | 262 |
| Debt repaid | -537 | -59.0 | -2,841 | -61.0 | -1,196 | -50.0 | -1,349 | -171 | -547 | -386 | -600 | -56.0 |
| Effect of exchange rates | -35.0 | 14.0 | -17.0 | 14.0 | 302 | 205 | -347 | 147 | -81.0 | -190 | 128 | -85.0 |
| Net change in cash | 563 | -1,107 | -262 | 296 | 113 | -1,155 | 1,402 | -840 | 464 | -2,312 | 1,541 | 320 |
| Free cash flow | -141 | -1,280 | 1,748 | -486 | 530 | -1,321 | 1,335 | 360 | 88.0 | -1,336 | 1,878 | 116 |
| Levered free cash flow | -325 | -1,569 | 1,222 | -664 | -1,568 | -1,727 | 2,790 | 288 | 751 | -1,539 | 794 | 854 |