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.

Income statement · 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 revenue	16,761	15,457	14,971	15,657	15,926	14,798	14,714	15,196	16,249	16,282	14,552	16,616
Cost of revenue	15,009	13,955	14,910	14,280	15,231	13,317	13,408	13,777	14,589	14,568	15,069	14,751
Gross profit	1,752	1,502	61.0	1,377	695	1,481	1,306	1,419	1,660	1,714	-517	1,865
Selling, general and administrative	1,287	—	2,913	—	1,124	—	2,676	—	1,107	—	2,337	—
Research and development	159	—	—	—	153	—	—	—	149	—	299	—
Operating income	1,055	753	-763	641	74.0	825	553	773	1,046	1,072	-1,181	1,203
EBIT	1,055	753	-763	641	74.0	825	553	773	1,046	1,072	-1,181	1,203
EBITDA	1,715	1,502	-147	1,377	658	1,481	999	1,455	1,569	1,714	-713	1,865
Interest expense	136	133	372	84.0	73.0	48.0	432	8.0	7.0	63.0	573	31.0
Pre-tax income	862	717	-8.0	505	2,114	991	343	614	787	1,171	-3,440	1,233
Income tax	175	136	-201	106	285	169	748	315	275	197	-454	272
Net income	683	575	177	377	1,793	805	-390	287	504	938	-2,966	929
Net income to common shareholders	683	575	177	377	1,793	805	-390	287	504	938	-2,966	929
Basic EPS	0.90	0.76	0.23	0.50	2.35	1.05	-0.51	0.37	0.63	1.16	-3.57	1.11
Diluted EPS	0.90	0.75	0.23	0.49	2.35	1.04	-0.51	0.37	0.63	1.16	-3.57	1.10
Average shares (basic)	760	761	761	761	762	768	772	778	794	809	830	838
Average shares (diluted)	764	764	764	764	765	771	772	781	797	811	830	841
Dividend per share	—	—	0.60	—	—	—	0.55	—	—	—	0.50	—